The most common university MBA programs take about two years to complete (excluding summers). Most programs require business experience. An accelerated MBA program, as the name implies, can be completed in less time. This program requires a heavier course load and has fewer breaks between semesters. An accelerated program can be completed in 12 to 18 months.
Many people working in business pursue an MBA part time, often taking classes at night. A part-time MBA program requires three or more years to complete, depending on the course load a student takes in a semester.
Executive MBA programs are designed for business executives and other professionals to complete an MBA in two years while still working full time.
The growth and popularity of distance learning includes MBA programs. The time required to complete an online MBA varies from one to three years. Prospective students should check a school's accreditation before beginning their studies because many so-called "diploma mills" have taken advantage of the popularity of distance learning.
Some colleges of business offer dual degree programs that combine an MBA with an undergraduate degree in business. Students can complete a bachelor's degree and an MBA in about five years. Other dual degree programs combine the MBA with a second master's degree in another discipline. These programs require about three years of study.
MBA programs feature coursework in such ares as finance, accounting, organizations, management principles, economics and decision science. Studying for an MBA requires a strong time commitment. The United Kingdom-based Association of MBAs advises distance learning students to be ready to put in about 20 hours a week on their coursework. Classroom-based programs require an even greater time commitment, according to the association.