Master of Business Administration

The Master of Business Administration (MBA or M.B.A.) is a master's degree in business administration, which attracts people from a wide range of academic disciplines. The MBA designation originated in the United States, emerging from the late 19th century as the country industrialized and companies sought out scientific approaches to management. The core courses in the MBA program are designed to introduce students to the various areas of business such as accounting, finance, marketing, human resources, operations management, etc. Students in MBA programs have the option of taking general business courses throughout the program or can select an area of concentration and focus approximately one-fourth of their studies in this subject. Accreditation bodies exist specifically for MBA programs to ensure consistency and quality of graduate business education. Business schools in many countries offer MBA programs tailored to full-time, part-time, executive, and distance learning students, with specialized concentrations. Accreditation Business schools or MBA programs may be accredited by external bodies which provide students and employers with an independent view of their quality, and indicate that the school's educational curriculum meets specific quality standards. The three major accrediting bodies in the United States are Association to Advance Collegiate Schools of Business (AACSB), which accredits research universities, the Accreditation Council for Business Schools and Programs (ACBSP), which accredits universities and colleges, and the International Assembly for Collegiate Business Education (IACBE), all of which also accredit schools outside the US. The AACSB, the ACBSP, and the IACBE are themselves recognized in the United States by the Council for Higher Education Accreditation (CHEA). MBA programs with specializations for students pursuing careers in healthcare management also eligible for accreditation by the Commission on the Accreditation of Healthcare Management Education (CAHME). In the United States, an MBA program may also be considered accredited on the institutional level. Bodies that accredit institutions as a whole include the Council for Higher Education Accreditation (CHEA): Middle States Association of Colleges and Schools (MSA), New England Association of Schools and Colleges (NEASCSC), Higher Learning Commission of the North Central Association of Colleges and Schools (HLC), Northwest Commission on Colleges and Universities (NWCCU), Southern Association of Colleges and Schools (SACS), and Western Association of Schools and Colleges (WASC). Accreditation agencies outside the United States include the Association of MBAs (AMBA), a UK based organization that accredits MBA, DBA and MBM programs worldwide, government accreditation bodies such as the All India Council for Technical Education (AICTE) that accredits MBA and PGDM programs across India, the Council on Higher Education (CHE) in South Africa, the European Quality Improvement System (EQUIS) for mostly European and Asian schools, and the Foundation for International Business Administration Accreditation (FIBAA) in Europe. Basic types of MBA programs Two-year (Full Time) MBA programs normally take place over two academic years (i.e. approximately 18 months of term time). For example in the Northern Hemisphere beginning in late August/September of year one and continuing until May of year two, with a three to four month summer break in between years one and two. Students enter with a reasonable amount of prior real-world work experience and take classes during weekdays like other university students. Accelerated MBA programs are a variation of the two year programs. They involve a higher course load with more intense class and examination schedules. They usually have less "down time" during the program and between semesters. For example, there is no three to four month summer break, and between semesters there might be seven to ten days off rather than three to five weeks vacation. Part-time MBA programs normally hold classes on weekday evenings, after normal working hours, or on weekends. Part-time programs normally last three years or more. The students in these programs typically consist of working professionals, who take a light course load for a longer period of time until the graduation requirements are met. Executive MBA (EMBA) programs developed to meet the educational needs of managers and executives, allowing students to earn an MBA or another business-related graduate degree in two years or less while working full time. Participants come from every type and size of organization – profit, nonprofit, government – representing a variety of industries. EMBA students typically have a higher level of work experience, often 10 years or more, compared to other MBA students. In response to the increasing number of EMBA programs offered, The Executive MBA Council was formed in 1981 to advance executive education. Distance learning MBA programs hold classes off-campus. These programs can be offered in a number of different formats: correspondence courses by postal mail or email, non-interactive broadcast video, pre-recorded video, live teleconference or videoconference, offline or online computer courses. Many schools offer these programs. Blended learning programs combine distance learning with face-to-face instruction. These programs typically target working professionals who are unable to attend traditional part-time programs. Dual MBA programs combine MBA degree with others (such as an MS, MA, or a J.D., etc.) to let students cut costs (dual programs usually cost less than pursuing 2 degrees separately), save time on education and to tailor the business education courses to their needs. Some business schools offer programs in which students can earn both a bachelor's degree in business administration and an MBA in four or five years. Mini-MBA is a term used by many non-profit and for-profit institutions to describe a training regimen focused on the fundamentals of business. Mini-MBA programs are typically non-credit bearing programs that require less than 100 hours of total learning. Admissions criteria Most programs base admission on the Graduate Management Admission Test (GMAT), significant work experience, academic transcripts, essays, references or letters of recommendation and personal interviews. The Graduate Record Examination (GRE) is also accepted by some schools in lieu of the GMAT. Some schools are also interested in extracurricular activities, community service activities and how the student can improve the diversity of and contribute to the student body as a whole. All of these qualifications can be important for admission; however, some schools do not weigh GMAT scores as heavily as other criteria, and many distance learning schools do not require the GMAT for admission. In order to achieve a diverse class, business schools also consider the target male-female ratio and local-international student ratios. Depending on the program, type and length of work experience can be a critical admissions component for many MBA programs. Many top-tier programs require five or more years of work experience for admission. Program content Most top MBA programs cover similar subjects within their core required courses. For information about the typical content of an MBA program's core curriculum, see the overview at the Wikiversity MBA topic page. MBA programs expose students to a variety of subjects, which students may choose to specialize in a particular area. Students traditionally study a wide breadth of courses in the program's first year, then pursue a specialized curriculum in the second year. Full-time students typically seek an internship during the interim. Typical specializations include: accounting, economics, entrepreneurship, finance, international business, management science, marketing, operations management, organizational behavior, project management, real estate, and strategy, among others. Many individuals choosing a specialized field of study, such as real estate or accounting, are well-suited for their respective industries through pursuing a Master of Real Estate Development or Master of Science in Accounting degree, for example. Other specialized programs include Master of Science in Finance, Master of Science in Information Systems, Master of Science in Supply Chain Management.

Related Degrees

No Information Available

Universities

No Information Available

Content Developerviews:  0

no description   [more]

Content Writer views:  0

no description   [more]

Cabin Crewviews:  0

no description   [more]

Traineeviews:  0

no description   [more]

Traineeviews:  0

no description   [more]

Team Leaderviews:  50

no description   [more]

Sales Managerviews:  37

no description   [more]

Service Associateviews:  34

no description   [more]

Service Manager views:  40

no description   [more]

Sales Associateviews:  38

no description   [more]

Security Officerviews:  97

Security Personnel   [more]

Website/Graphic Designerviews:  139

Design or create websites, graphics to meet specific commercial or promotional needs   [more]

Journalistviews:  65

A journalist collects, writes and distributes news and other information. A journalist's work is referred to as journalism.   [more]

Television producerviews:  79

The primary role of a television producer is to oversee all aspects of video production, ranging from show idea development and cast hiring to shoot supervision and fact-checking. It is often the producer who is responsible for the television sho ...   [more]

Administration - Management Traineeviews:  179

Performing internship within one or several departments   [more]

Credit Risk - Analystviews:  128

Evaluate individual credit applications for final approval from Credit Risk Manager   [more]

Legal Staffviews:  239

Subject matter expert in one field.   [more]

Driverviews:  218

Driver for senior representatives or administrative tasks   [more]

Portfolio Managerviews:  204

Senior Portfolio Analyst to support management team in translation of reports into actionable decisions.   [more]

Portfolio Analystviews:  172

Evaluation of credit portfolio to identify short and long term trends.   [more]

View More

Cross Cultural Trainingviews:  368

Cross cultural training aims to develop awareness between people where a common cultural framework does not exist.   [more]

Neuro-linguistic programming views:  224

Neuro-linguistic programming (NLP) is an approach to communication, personal development and psychotherapy. The title refers to a stated connection between the neurological processes, language and ...   [more]

Conflict Management views:  274

Conflict management involves implementing strategies to limit the negative aspects of conflict and to increase the positive aspects of conflict at a level equal to or higher than where the conflic ...   [more]

Customer Service views:  345

Skills to serve customers before, during and after a purchase.   [more]

Telephone Skillsviews:  359

Refers to telephone etiquettes and skills to bring about sales or get the desired outcome.   [more]

Business Writing views:  329

Business Writing refers to the writing assignment for business purposes. It is usually more formal than conversations and general writing.   [more]

Time Management views:  241

The act or process of planning and exercising conscious control over the amount of time spent on specific activities, especially to increase effectiveness, efficiency or productivity.   [more]

Entrepreneurshipviews:  277

Business acumen used to transform innovations into economic goods   [more]

Negotiation skillsviews:  293

Skills required to reach a point of understanding, resolve conflict, gain advantage in outcome of dialogue between two parties are called negotiation skills.   [more]

Employee engagementviews:  340

Employee engagement or worker engagement is a business management concept. It involves using techniques to further involve employees in the work to further the company's interests.   [more]

Project Management views:  292

Project Management is the discipline of planning, organizing, securing, managing, leading and controlling resources to achieve specific goals.   [more]

Supply Chain Managementviews:  239

Supply Chain Management (SCM) is the management of a network of interconnected businesses involved in the provision of product and service packages required by the end customers in a supply chain. ...   [more]

Business Etiquetteviews:  390

Business etiquette is the way you handle yourself in a business and social environment . It can range from meetings with the boss to meetings with clients and customers - and knowing the right thi ...   [more]

Corporate Social Responsibiltyviews:  297

CSR policy functions as a built-in, self-regulating mechanism whereby a business monitors and ensures its active compliance with the spirit of the law, ethical standards, and international norms. ...   [more]

Creative Leadershipviews:  297

Creative leadership is the ability to think beyond the conventional leadership methods and strategies to lead effectively   [more]

Networking skillsviews:  307

Training to improve networking skills to succeed at the workplace   [more]

Effective Communication Skillsviews:  261

Training to provide you with the communication skills required to succeed in the competitive corporate world   [more]

Critical Thinking Skillsviews:  327

Training to sharpen critical thinking skills for better performance at work   [more]

Sales Trainingviews:  220

Training to help individuals become better at the act of selling a product or service   [more]

AutoCadviews:  275

AutoCad is a software application for computer aided design (CAD) and drafting   [more]

View More

Master of International Relationsviews:  156

Students who enter into a Master of Arts in International Relations degree program come from many different backgrounds. Some students have an interest in human rights, while others want to learn more about a particular geographic region and its ...   [more]

Master of Accountancyviews:  171

The Master of Accountancy (MAcc, MAc, or MAcy), alternatively Master of Professional Accountancy (MPAcy or MPA or MPAcc) or Master of Science in Accountancy (MSAcy), is a graduate professional degree designed to prepare students for public accoun ...   [more]

Bachelor of Science in Religionviews:  148

no description   [more]

Master of Health Care Informaticsviews:  96

Graduate programs in health informatics award Master of Science and Doctor of Philosophy degrees. Students earn these degrees to work as medical services managers and operations analysts. Health informatics programs teach students how to manage a ...   [more]

Master of Rabbinic Studiesviews:  191

In the academic study of Talmud, Jewish Law, Philosophy, Ethics, Rabbinic literature the Master of Rabbinic Studies (MRb) is a graduate degree granted by a Yeshiva or Rabbinical School. In many institutions, this degree is a standard component ...   [more]

Master of Arts in Teachingviews:  152

The Master of Arts in Teaching (MAT) or Master of Science in Teaching (MST) degree is generally a pre-service degree that usually requires a minimum of 30 semester hours beyond the Bachelor's degree. While the program often requires education cla ...   [more]

Master of Science in Criminal Justiceviews:  122

A degree in criminal justice (CJ) can give graduates access to a range of jobs, so it is to a student's advantage to choose a specific area and focus coursework accordingly. Law enforcement possibilities include police officer, security, loss pre ...   [more]

Master of Applied Statisticviews:  113

no description   [more]

Master of Science in Global Medicineviews:  121

no description   [more]

Masters in Air Power, History, Theory and Practiceviews:  134

no description   [more]

Bachelor of Science in Molecular Biologyviews:  132

no description   [more]

Master of Business, Entrepreneurship and Technologyviews:  182

A master's degree in Business, Entrepreneurship and Technology helps to converge the world of innovation and technology.   [more]

Master of Science in Biomedical Communicationviews:  141

no description   [more]

Doctor of Business Administrationviews:  125

no description   [more]

Bachelor of Educationviews:  160

Students pursuing a bachelor's degree in education are usually preparing for a teaching career or other related careers in education, such as principles or superintendents. The curriculum is comprised of core liberal arts courses as well courses ...   [more]

Master of Science in Managementviews:  111

Master of Science in Management, abbreviated MSc or MSM, is a Master of Science academic degree that is common throughout the United States and Europe. It is similar to the MBA degree, and often requires a dissertation (thesis) before a graduate ...   [more]

Master of Physicsviews:  185

A Master of Physics (or MPhys (Hons) ) honours degree is a specific master's degree for courses in the field of physics. In terms of course structure, MPhys degrees usually follow the pattern familiar from bachelor's degrees with lectures, labora ...   [more]

Doctor of Philosophyviews:  138

no description   [more]

Bachelor of Science in Electrical Engineeringviews:  121

no description   [more]

Master of Financial Economicsviews:  121

A master’s degree in financial economics provides an understanding of theoretical finance and the underlying economic framework. The degree is postgraduate, and may incorporate a thesis or research component. Programs are often a joint offering b ...   [more]

View More

Graphs

Most Viewed Postions, Trainings and Degerees