Since the economy has worsened, more people are looking to enroll in a graduate program to improve their career prospects and earning potential. Higher education, however, can be very expensive, especially if you are enrolling in a program that is longer than a year. While the costs of tuition are high, living expenses can prove to be equally as burdensome. One way to minimize the costs associated with a graduate degree is to enroll in a one-year program. This article provides you with insight into the best one-year graduate programs offered today.
Many professionals return to school to obtain their Master of Business Administration, otherwise known as an MBA. This is traditionally a very expensive, two-year graduate program that can allow you to rapidly climb the business ladder. There are now many programs that allow you to obtain this degree in only one year so that you can cut down on costs and quickly return to full-time work. While advantageous, these programs are very intensive and require you to immediately focus your degree on one area of business. Class sizes are also smaller, allowing you to receive much more of professors' attention, but also making the competition for each seat much stiffer. Those looking to enroll in the best one-year MBA programs should apply to Northwestern's Kellogg School of Management, INSEAD, Cambridge, and Oxford. The reputation attached to these schools' MBA programs will help you land a high-paying job upon graduation.
Those not interested in working in business can still benefit from a graduate degree, since many jobs require them to advance into certain positions. If you are interested in climbing the engineering, computing, or scientific research ladder, then you should consider pursuing a master's degree in science, or M.S. These one-year graduate programs allow you to explore a particular scientific subject matter in-depth so that you can develop an expertise in a particular industry, such as engineering or chemistry, for example. Normally, obtaining an M.S. will involve taking classes, completing lab work, and defending a thesis on the topic of your choosing. Since science departments at different universities have varying strengths, a quick browse through the U.S. News Ranking of Graduate Science Programs will allow you to discover the best grad schools to which you should apply.
A third one-year graduate program that will open doors for you is a master's degree in education, or M.Ed. If you are interested in creating or reforming the educational system, then this degree will be invaluable to helping you evaluate policies and programs. Teachers will benefit greatly from obtaining an M.Ed., since all schools give higher salaries to more educated teachers. Those interested in getting the most out of their master's degree in education should try enrolling in the programs offered by Columbia University's Teachers College, Vanderbilt, Harvard, or University of Texas-Austin. These universities employ the very best professors in the field.