Graduate in just one year! A summary of cost-effective master's programs in the United States!

Date：2024-08-29   Author：admin

When choosing a school for business studies abroad, many families consider not only the employment prospects but also the duration of study and cost-effectiveness. Especially when choosing a school for business studies in the United States, many students tend to consider one-year programs. This is because these programs not only have high school rankings but are often STEM programs, and students can obtain OPT duration after graduation.

Now, let's help students sort out and summarize the one-year business master's programs in the United States and see which ones are highly sought-after?

1. Massachusetts Institute of Technology

Master of Finance (Image Source: MIT Official Website)

The Master of Finance program at the Massachusetts Institute of Technology (MIT) lasts for 18 months and features an accelerated track that enables students to complete all courses within 12 months and graduate early.

Application deadline: January 3rd

Project duration: 12/18 months, STEM

GRE/GMAT: Required

Master of Business Analytics (Image Source: MIT Official Website)

Since its enrollment began in 2016, MIT's MBAn program has rapidly become a leader in the field of business analytics. According to the 2024 U.S. News Business Analytics Program ranking, MIT's MBAn program has ranked first in the world.

Application deadline: January 3rd

Project duration: 12 months, STEM

GRE/GMAT: Required

Admission data (Image source: MIT official website)

2. University of Chicago

Master of Management (Image source: University of Chicago Official Website)

The Chicago Booth School of Business has for the first time in many years introduced a Master of Management (MIM) program. This program is specifically designed for recent college graduates who are not from business backgrounds, are interested in exploring business, and are in the early stages of their careers.

Application deadline: Round One - October 10th

Project duration: 10 months, STEM

Language proficiency requirements: Non-native English speakers/non-English language undergraduate students need to submit TOEFL/IELTS, and GRE/GMAT

Recommended Reading: The University of Chicago Adds a Master of Management! Should I apply for such a "mediocre" major or not?

3. Johns Hopkins University

Master of Business Analytics and Risk Management (Image Source: Johns Hopkins University Official Website)


This program is held at the Washington campus of Johns Hopkins University and lasts for one year. It mainly aims to cultivate students' multi-dimensional quantitative analysis of problems, structural and data analysis related to problems, and the content of formulating problem-solving solutions and business decisions based on the analysis results.

Application deadline: To be determined for the 25th fall intake

Project duration: 12 months, STEM

Language proficiency requirements: IELTS 7.0/ TOEFL 100, GRE/GMAT must be submitted

Master of Finance (Image Source: Johns Hopkins University Official Website)


This program offers two path options: 15 months and 12 months. The 15-month path is suitable for students who wish to have a longer time to adapt to the study in the United States, with a less intense course pace and pressure, and can gain practical experience during the summer vacation. The 12-month path is suitable for students who hope to obtain a master's degree in a short period of time and enter the workplace as early as possible.

Application deadline: To be determined for the 25th fall intake

Project duration: 12/15 months, STEM

Language proficiency requirements: IELTS 7.0/ TOEFL 100, GRE/GMAT must be submitted

Master of Marketing (Image Source: Johns Hopkins University)


The Master of Marketing program is offered under its business school. The program aims to help students apply the marketing knowledge they have learned to address the real-world challenges faced by organizations of all sizes. Through the intensive courses of this program, students will integrate insights into consumer behavior, big data, analytics, new technologies, and persuasion psychology to reveal the inner workings of contemporary marketing.

Application deadline: To be determined for the 25th fall intake

Project duration: 12 months, STEM

Language proficiency requirements: IELTS 7.0/ TOEFL 100, GRE/GMAT must be submitted

Recommended Reading: Entering the "American Undergraduate Security Guard" Johns Hopkins University...

4. University of Southern California

Master of Accounting (Image Source: University of Southern California Official Website)


This project takes 2 to 3 semesters to complete and includes summer courses, core courses and elective courses. Students without a bachelor's degree in accounting or equivalent qualifications need to start in the summer, with a total degree requirement of 45 credits. Students with a bachelor's degree in accounting or equivalent qualifications can be exempted from 15 credits of summer courses and start in the fall, with a total degree requirement of 30 credits.

Application deadline: January 15th

Project duration: 2-3 semesters, STEM

Language proficiency requirements: IELTS 7.5/ TOEFL 103. GRE/GMAT scores need to be submitted

Master of Marketing (Image Source: University of Southern California Official Website


This program starts in late May each year (summer semester), requiring students to complete 30 credits and offering two sub-directions - Analytics and Consumer Behavior. Backed by the reputation of the Marshall School of Business and the geographical advantage of the Los Angeles area, graduates of this program have achieved outstanding employment performance in fields such as Hollywood and emerging technology companies in Southern California.

Application deadline: Round One - November 1st

Project duration: 2-3 semesters, STEM

Language proficiency requirements: IELTS 7.0/ TOEFL 100, GRE/GMAT must be submitted

Admission Case

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Undergraduate background: American undergraduate

Major: Economics

Standardized test score: GPA 3.6+; GRE 323

5. Washington University in St. Louis

Master of Supply Chain Management (Image Source: Washington University in St. Louis Official Website)


This project is a STEM course lasting 12 to 18 months. During this course, students will develop the skills and judgment necessary to manage the production and delivery of a company's products and services. Gain an in-depth understanding of the concepts of logistics, supply chain, change management, innovation and integrated risk management.

Application deadline: Round One - October 5th

Project duration: 12-18 months, STEM

Language proficiency requirements: Non-native English speakers/non-English language undergraduate students need to submit TOEFL/IELTS. GRE/GMAT is recommended

Master of Corporate Finance and Investment (Image Source: Washington University in St. Louis Official Website)


The 10-month Corporate Finance and Investment Program (MSFC) is rigorous and offers in-depth training in securities research, financing, derivatives pricing, and fixed income. This course enables students to gain a deep understanding of financial markets, financial scenario modeling, and financing, and prepares them for CFA Level 1.

Application deadline: Round One - October 5th

Project duration: 10 months

Language proficiency requirements: Non-native English speakers/non-English language undergraduate students need to submit TOEFL/IELTS. GRE/GMAT is recommended

Recommended Reading: Starting from a non-prestigious university with a GPA of less than 3.0, Still Easily securing a TOP20 Position!

6. Columbia University

Master of Applied Analytics (Image Source: Columbia University Official Website)


This program is offered under the SPS College of Columbia University and is a STEM certification program. The course combines the knowledge of data analysis with leadership, management and communication principles and strategies to explore their impact on decision-making at all levels within a company/organization.

Application deadline: Round One - February 15th

Project duration: 3 semesters, STEM

Language proficiency requirements: IELTS 7.0/ TOEFL 100

Admission Case

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Undergraduate background: 211 University

Major: Finance

Standardized test score: GPA 89+; GMAT 720

7. University of Michigan, Ann Arbor

Master of Accounting (Image source: University of Michigan, Ann Arbor Official Website)


The Master of Accounting is offered under the Ross School of Business and lasts for 8 months, allowing students to complete their studies in a shorter time. Although it is a business major in a business school, it is a STEM program, so there is more flexible time to look for a job.

Application deadline: Round One - October 25th

Project duration: 8 months, STEM

Language proficiency requirements: IELTS 7.0/ TOEFL 100

Master of Supply Chain Management (Image Source: University of Michigan, Ann Arbor Official Website)


Supply chain management involves every aspect of global trade: marketing, procurement, manufacturing, logistics, inventory management, information technology, and customer relations. The Master of Supply Chain Management program at Ross School of Business ranks second globally. Students can establish connections with Fortune 100 and 500 companies through the company advisory board of this degree.

Application deadline: Round One - October 25th

Project duration: 8 months, STEM

Language proficiency requirements: IELTS 7.0/ TOEFL 100

Recommended Reading: An Admission Letter is Your Dream School! Come and take a look at his six-year journey to fulfill his dream with Yisi Boluo

8. Duke University

Master of Business Analytics (Image Source: Duke University)


This program lasts for 10 months and is specifically designed for undergraduate graduates with a strong quantitative background. The project offers training in analysis and communication, and all training is conducted in a specific context (finance, marketing, risk or strategy). Through cross-disciplinary learning of business and analytics, students will acquire the ability to apply data to solve practical problems.

Application deadline: Round One - October 2nd

Project duration: 10 months, STEM

Language proficiency requirements: IELTS 7.0/ TOEFL 100, GRE/GMAT must be submitted

Admission Case

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Undergraduate background: Sino-Foreign cooperative program

Major: Finance

Standardized test score: GPA 87+; TOEFL 108; GRE 331

9. University of California, Berkeley

Master of Analytics (Image Source: University of California, Berkeley Official website)


This program was launched in 2022 and is a one-year employment-oriented master's program under the IEOR department (Industrial Engineering and Operations Research) of the Berkeley School of Engineering. The project course consists of four parts: the bootcamp before the official start of the Berkeley semester, five compulsory courses, three elective courses, and a summer internship.

Application deadline: January 6th

Project duration: 12 months, STEM

Language proficiency requirements: IELTS 7.0/ TOEFL 90. GRE is only accepted

Admission Case

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Undergraduate background: American undergraduate degree

Major: Finance

Standardized test score: GPA 3.7+; GRE 324

10. New York University

Master of Accounting (Image Source: New York University Official Website)


This program was launched in May 2015, allowing college graduates majoring in business or accounting to meet the course requirements for certified Public Accountants in New York State. The courses lay a solid foundation for an accounting career, including attestation and assurance services, as well as tax and forensic accounting.

Application deadline: November 15th

Project duration: 12 months

Language proficiency requirements: IELTS 7.0/ TOEFL 100, GRE/GMAT must be submitted

11. University of California, Los Angeles

Master of Business Analytics (Image Source: University of California, Los Angeles)


This project is a 15-month STEM course affiliated with the renowned School of Management of the university. This project aims to cultivate business analysts who can use data to gain market insights and drive strategic decisions. Students will learn how to analyze data, tell data stories, and bridge the gap between technology and business.

Application deadline: January 10th

Project duration: 12 months

Language proficiency requirements: IELTS 7.0/ TOEFL 87

A summary of one-year master's programs in the United States