"WEST LAFAYETTE, Ind. ? Purdue University's Krannert School of Management will begin offering a one-year MBA for STEM Professionals program in June.

The full-time program will be held at Purdue's West Lafayette campus. It is targeted at individuals with backgrounds and work experience in the STEM disciplines - science, technology, engineering and math."
http://www.purdue.edu/newsroom/releases/2013/Q4/krannert-to-offer-mba-program-for-stem-professionals-on-campus.html
http://www.krannert.purdue.edu/masters/programs/mba-stem/home.asp

As a new start up program & Course Fee (for an international candidate) being around $62K, do you think its a good investment? Looking forward for expert opinion.

That depends on your goals and your alternatives. It's three semesters rather than four, so it's 3/4 of the cost of the two year MBA. If you want to return home, or or if you don't need an internship, then it's a great programme.

Hello Duncan,

I have been offered by Purdue to change my application from 2 year full time MBA to the one year STEM program since my future goal is to become a consultant in the Technology industry and take up leadership roles and implement technological solutions. I already have a background in this role and want to gain more perspectives on business leadership etc.

I am an Indian and I would like to find a job in the USA after this program. Since this will be the first year of the STEM program, I am worried about placements, especially for international students like me. After spending a huge amount... 62,000$, I would certainly want to have a good chance of finding a top job in the US itself.

Please let me know your thoughts on this. If placements are not good (also no internship), I would rather go for the 2 year MBA...

Regards,
Sridhar

Unless you have substantial US experience in the field where you want to work, I recommend the two year program.

Agree with Duncan. You can't underestimate the importance of that second year and an internship. More time for networking, electives, etc.

And this is a brand new program, I always advise people to wait for a couple years after a program is launched so that post-career graduation options and placements become more clear. Not that I doubt that a school like Purdue could put together a solid program, but it's just untested at this point.

@Duncan ... I am also in a similar boat as @sridhar95_04 ... I have a GMAT score of 710 and 6 years work ex in IT (software development purely technical) ... I wish to continue in IT industry only but in a business/techno managerial role ...want to work/job in USA ...

Definitely 1 year MBA has no internship ... but it has active projects ... moreover tuition and living costs for 2 year mba are way higher ... Since I want to continue in the same industry ... just want a change in role ... Would it be really that difficult to get a job after 1 year MBA ?

What could be the possible risks of doing new 1 year mba at purdue in case I don,t want an industry shift (only role change)

What do you suggest for students like me who can't afford so much fees & expenses (as of 2 year MBA) ?

Can you suggest some courses that are cheaper yet reputed ...

Yes, it's that hard.

If you didn't want to change country, then it would be simple. You would not need a degree to progress in your own country.

Two year costs are not that much higher: you have one extra semester, and the earnings from your internship defray that.

I don't need to spell out the risks: the risk is that you don't meet your goal.

For better value, it's hard to find anywhere with strong outcomes for international students on a par with Purdue but at a lower price inside the USA. For less good outcomes, at a lower price, take a look at http://www.kiplinger.com/tool/college/T014-S001-kiplinger-s-best-values-in-public-colleges/index.php?utm_source=Twitter&utm_medium=social%2B&utm_campaign=social

Are you aware of any other STEM designated 1 year MBA programs?

Is this Krannert program even still around? I thought they cancelled it a few years ago.

The only one-year MBA that I know which is STEM certified is Georgia - Terry's, but you need to already be enrolled in the school's undergraduate program to get into it...

The Purdue program is closed.

FYI I saw this post today:

https://find-mba.com/news/2019/12/lehigh-university-announces-new-stem-designated-mba-concentration-in-business-analytics

That's quite a good investment - a one-year program leading to what is essentially a 3-year US work visa.