Business Administration & Management Masters Maine Graduate Programs
A masters in business administration & management (MBA) may be very critical to the enhancement of your career. Graduates with an MBA learn how to become leaders in organizations and how to apply practical business theories.
The title MBA stands for Masters in Business Administration and is a highly sought after post-graduate degree. In general MBA students learn about the practical application of business theory, and how to be leaders in organizations. MBA grad schools are diverse in their areas of focus. It is possible to obtain a general MBA, but other MBA programs focus on specific topics of business such as marketing, global management, entrepreneurship, accounting, or ecommerce. MBA students often come from a variety of educational and professional backgrounds; an undergraduate degree in business is not always a prerequisite for admission.
Many MBA students decide to work while attending school, the need for schedule flexibility has caused an increase in the popularity of online MBA programs, and many accredited institutions have adapted their MBA programs into an online format.
Master of Business Administration (MBA) Graduate Programs and Curriculum:
MBA programs vary in length depending upon the individual's status as a full-time or part-time student. Many people choose to work during the day and attend classes at night, which can extend the duration of the program. Full-time, students can earn an MBA in two years. European MBAs are generally obtainable in one year. It's possible, but not always necessary, to obtain a CMBA, or Certified MBA, by taking an exam.
Application requirements are specified by the academic institution; in general prospective students are required to submit GMAT scores, a personal statement, and letters of recommendation, transcripts, and TOEFL scores, if applicable.
MBA courses may include the following:
Masters of Business Administration (MBA) Career Paths
Individuals who have earned an MBA may have a variety of career opportunities within many industries. Common career paths include; but are not limited to:
Government Health Care
The diverse nature of MBA student backgrounds may create the opportunity for graduates to explore many different career paths, for example, engineers and scientists who earn their MBA may use it as a tool to become leaders within their specialty, while others may use the degree to change careers.
Master of Business Administration Salary and Job Outlook
The Bureau of Labor Statistics Occupational Outlook Handbook lists the 2012 median salaries of management professionals across different areas of practice. Compensation for managers is often based on experience and expertise, and varies by industry; the median salaries depicted in the chart below are a summary of earnings for different professions.