More U.S. B-Schools Offering 1-year MBAs

The one-year full-time MBA, popular in Europe, is starting to become a more prevalent offering in the U.S. as institutions target new markets.
Applications to MBA programs are historically counter-cyclical to economic conditions: applications rise in bad times and fall in good. But the recent global economic downturn has been a different story. According to a survey by the Graduate Management Admission Council, applications to two-year, full-time MBA programmes declined in 2011 for the third consecutive year.
Schools that offer accelerated courses appeal to older, more seasoned students but not Executive MBA (EMBA) programs.
Some schools, like Emory’s Goizueta Business School, have offered an accelerated programme for years; several top-tier schools, including Cornell’s Johnson School and Northwestern’s Kellogg, have one-year programmes. 

For more, see the Financial Times