GITNUX MARKETDATA REPORT 2024

Mba Completion Time Statistics

The average completion time for an MBA program is around 2-3 years.

Last Updated: June 20, 2024

How we write

In this post, we explore the various completion times for MBA programs based on a range of statistics from reputable sources such as GMAC, AACSB International, and CarringtonCrisp. Whether you are considering a one-year program in Europe or navigating the scheduling options available in the U.S., these insights shed light on the timelines and factors influencing MBA completion rates around the world.

Statistic 1

"According to GMAC, most One Year MBA programs in Europe tend to last around 10-16 Months."

Statistic 2

"Almost 63% of MBA graduates finish their program in 2 years."

Statistic 3

"For part-time students, most MBA programs will be completed in 3 to 5 years."

Statistic 4

"Adults over 25 made up about 90 percent of the more than 750,000 MBA completions in the US."

Statistic 5

"According to a GMAC alumni survey, 90% of alumni rate their graduate management education a good to outstanding value."

Statistic 6

"Around 52% of MBA graduates complete their program with a loan."

Statistic 7

"According to CarringtonCrisp study, nearly 20% of prospective students are seeking to complete their MBA in part-time."

Statistic 8

"As per AACSB International, the average completion time for an Executive MBA program is approximately 2 years."

Statistic 9

"More than 1,600 MBA programs are now available in the U.S., offering numerous scheduling options to students."

Statistic 10

"According to a GMAC survey, roughly 5% of MBA graduates take less than a year to complete their degree."

Statistic 11

"About 70% of students in traditional two-year MBA programs have financial sponsorships from their employers."

Statistic 12

"In the UK, most MBA programs take a minimum of 1 year of full-time study to complete."

Statistic 13

"According to Bloomberg Businessweek, for many adults with significant work experience, an MBA degree is often completed in about three years."

Statistic 14

"According to GMAC, nearly 17% of all globally accredited institutions offer accelerated, less than 12-month MBA programs."

In conclusion, the completion time for MBA programs varies significantly depending on the type of program and the students’ circumstances. One-year MBA programs in Europe typically last between 10 to 16 months, while the majority of graduates finish their programs in two years. Part-time students usually complete their MBA in three to five years, and for Executive MBA programs, the average completion time is around two years. The statistics also show that a large percentage of MBA graduates finance their education through loans and often receive financial support from their employers. Overall, the diverse range of program lengths and scheduling options available in the U.S. and globally reflect the flexibility and value that MBA education offers to students seeking to advance their careers.

Jannik Lindner

Jannik is the Co-Founder of Gitnux and has been working in the digital space since 2016. He is specialized in content and tech.

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