USC Marshall One-Year MBA Program (IBEAR)

Table of Contents

1. Program Overview Table
2. One-Year MBA Program (IBEAR) Class Profile
3. Why launch your global career with the USC Marshall IBEAR MBA?
4. Admission Selection
5. Who Should Consider Applying?
6. Tuition and Financial aid
7. Recommended Scholarships
8. Flexible and Tailored Curriculum
9. Electives and courses
10. Frequently Asked Questions

Welcome to the world of accelerated career transformation

The One-Year MBA, a dynamic, full-time international program tailored for mid-career professionals, is widely recognized as the International Education and Research (IBEAR) MBA. This intensive program is designed to plunge participants into the intricacies of international business, offering a comprehensive journey that spans just one year.

 A highlight of this experience is the four-month consulting project, fostering close collaboration among participants, faculty, and clients. Together, they tackle real-world business challenges in a global economy characterized by continual change. 

Read along to learn about the journey of growth, collaboration, and real-world problem-solving as we delve into the details of the One-Year MBA program at the University of Southern California.

Program Overview Table:

Categories	Details
Program Name	1-Year IBEAR Program
World Ranking	6 in the Best Business Schools
Application fee	$155
Tuition Fee	$139,222.
Deadlines	Round 3: March 1, 2024Round 4: April 1, 2024
*Work Experience	Minimum 12 years of post-graduate professional work experience.
Test scores:	General test scores: GRE/GMAT/EA score *TOEFL or IELTS scores
General Requirements	A strong undergraduate and/or graduate record in analytical coursework or disciplines CPA or CFA certificationsMaster’s or advanced degree in an analytical disciplineCertificate courses completed in an analytical disciplineExtensive practical work experience in an analytical fieldTranscripts One letter of recommendationCopy of current resume. One passport-size photo (optional).

Note:

• Test waivers will be granted on a case-by-case basis.
• *International applicants who haven’t obtained a bachelor’s degree from a university in the United States, Canada, United Kingdom, Ireland, Australia, or New Zealand are required to provide scores from either the Test of English as a Foreign Language (TOEFL) or the International English Language Testing System (IELTS) exam.

One-Year MBA Program (IBEAR) Class Profile:

Category	Participant Profile
Student Profile:	Mid-level professionals
Class Schedule:	Weekdays on campus
Average Class Size	55
STEM Designation	STEM Certified
Number of Countries Represented	12-15
Median GMAT	630
Average Age	36
Average Years Work Experience	12
Advanced Degrees	30%
Married Students	60%

Why launch your global career with the USC Marshall IBEAR MBA?

The USC Marshall International MBA, affectionately known by alumni as IBEAR, is your accelerated pathway to leadership in international business. This intensive, one-year, full-time program is designed for experienced professionals who are ready to take their careers to the next level.

Become part of a global network:

• Join a diverse cohort of students from over 12 countries.
• Learn from world-class faculty with extensive industry expertise.
• Connect with a vibrant alumni network of over 2,100 successful international business leaders.

Admission is selective and based on a holistic review, including:

• Professional experience: A minimum of six years of full-time work, military, or graduate study is required.
• Academic background: A strong undergraduate degree is expected.
• Test results: GMAT or GRE scores are required (may be waived for applicants with significant experience).
• Letters of recommendation: Provide insights into your professional skills and potential.
• Application essays: Showcase your motivations, goals, and fit for the program.

Who Should Consider Applying to USC Marshall One-Year MBA Program (IBEAR)?

The standard One-Year MBA class consists of 55 participants representing 12 to 15 countries. On average, participants are 36 years old with 12 years of work experience, and 80% fall within the 32 to 40 age range. 

One-third of participants receive sponsorship from companies or family-owned businesses, while the remaining two-thirds are self-sponsored. The IBEAR program, established in 1978, boasts a global community with over 2,100 alumni hailing from 60 countries.

Tuition and Financial aid

Explore three types of loans to finance your MBA: Federal Stafford Loans, Federal Direct Graduate PLUS Loans, and private student loans. U.S. citizens or permanent residents are advised to prioritize applying for Federal Stafford Loans due to favorable interest rates and origination fees. International students, ineligible for the Federal Stafford loan program, often turn to private lenders directly.

• Federal Stafford Loan: This loan is divided into subsidized and unsubsidized types. Subsidized Stafford Loans have the government covering interest during schooling and authorized deferment/grace periods. Unsubsidized loans accrue deferred interest, which is added to the principal at repayment. Visit this link for more information.
• Federal Direct Graduate PLUS Loan: This is a low-interest, credit-based federal loan for graduate and professional students, considered after utilizing full Federal Stafford Loan eligibility.
• Private Loan: Private loans are available to domestic and international applicants and have varying interest rates and fees. International applicants may need a U.S. citizen co-signer for the loan.

Recommended Scholarships:

Aspiring leaders in the USC Marshall IBEAR program can now leverage merit scholarships to fuel their global ambitions. We offer various scholarship opportunities for both international and U.S. applicants who demonstrate:

• Academic excellence: A strong academic record and consistently high test scores.
• Leadership potential: A proven track record of leadership qualities and the ability to inspire others.
• Career trajectory: A clear vision for your future and a strong commitment to your chosen career path.

Scholarship opportunities include:

• One-Year MBA (IBEAR) Merit Scholarships: Awarded based on academic and leadership potential. The amount awarded varies based on individual qualifications. Only self-sponsored applicants are eligible.
• One-Year MBA Global Business Fellow Awards: Tuition scholarships recognizing high potential self-sponsored international and U.S. candidates.
• Hanjin/Korean Air Scholarship: One or two partial tuition awards offered to Korean nationals, Korean-Americans, or self-sponsored individuals pursuing careers in global supply chain/logistics.
• Honjo Foundation/Jack G. Lewis Scholarship: A partial tuition award for self-sponsored participants of Japanese heritage.
• TAMBA (Thohir Marshall MBA) & SAMBA (Soeryadjaya Marshall MBA) Scholarships: Two full-tuition and living allowance scholarships for exceptional candidates from Indonesia.

Flexible and Tailored Curriculum 

The USC Marshall IBEAR MBA offers a flexible curriculum designed to empower you to shape your future your way. Whether you’re seeking a career change or advancement within your industry, this program allows you to pursue a specialization that aligns with your career goals.

Here’s what sets the IBEAR curriculum apart:

Intensive one-year format: Complete 56 units in 12 months, starting in June (compared to 63 units over 22 months in the two-year program).

Customized learning:

• 17 core courses: Master the essential foundations of business leadership.
• 21 functional core courses: Choose from a variety of core electives or waive and replace them with specialized electives (subject to approval).
• 18 elective credits: Design your learning journey with a wide range of elective options, tailoring your program to fit your specific career aspirations.

This flexibility allows you to:

Deepen your expertise: Pursue a specialization in areas like finance, marketing, or entrepreneurship.

Develop niche skills: Explore specialized courses to enhance your knowledge and stand out in the job market.

Craft your path to success: Design a program that aligns with your unique career goals and aspirations.

Electives and courses

To graduate, students complete 56 units within 12 months starting in June (compared to 63 units over 20 months in the Two-Year MBA program). These 56 units consist of 17 non-waivable Required courses, 21 functional Core courses (waivable with substitution options for electives), and 18 Elective courses. This flexibility allows students to tailor the program to their specific needs.

Non-waivable Core Courses:

• COMMUNICATIONS FOR MANAGEMENT
• STRATEGIC FORMULATION FOR COMPETITIVE ADVANTAGE
• MANAGERIAL PERSPECTIVES
• The Global Context of Business (IELP)
• INTERNATIONAL BUSINESS CONSULTING PROJECT
• Financial Analysis and Valuation

Functional Courses (available for challenge waiver exams):

• ACCOUNTING CONCEPTS AND FINANCIAL REPORTING
• DATA SCIENCE FOR BUSINESS
• MICROECONOMICS FOR MANAGEMENT
• MARKETING MANAGEMENT
• OPERATIONS MANAGEMENT
• CORPORATE FINANCE
• THE FIRM IN THE NATIONAL AND INTERNATIONAL ECONOMY

Frequently Asked Questions

What is the USC Marshall IBEAR MBA Program?

The USC Marshall IBEAR MBA Program, or International Business Education and Research MBA Program, is a one-year, accelerated master’s program designed for mid-career professionals. It focuses on developing global business leaders through a unique curriculum and international experiences.

Are scholarships available for the IBEAR MBA Program?

Yes, USC Marshall gives various scholarships to certified applicants. These are presented based on benefits, leadership ability, and different criteria. It’s really useful to check the official site for the latest scholarship facts.

How does the International Business Residency work?

The International Business Residency is a unique element in which college students spend numerous weeks in a specific worldwide vicinity, immersing themselves in the business culture, working on a consulting undertaking, and constructing a global network.

Can I continue working while pursuing the IBEAR MBA?

The program is full-time and immersive, requiring a commitment to it slow and electricity. Most students take a leave of absence from work to fully engage in the program and capitalize on the opportunities provided.