Masters in Business Programs
There are a wide variety or Business Masters Programs to choose from but MBA Programs, or Masters in Business Administration Programs are perhaps the most well-known. Whether you are interested in management, finance, marketing, accounting, health administration, the entertainment industry, sports management or conflict resolution, Masters in Business Programs encompass these fields as well as others. Students who enter one of these masters degree programs receive an education in business concepts and practices, corporate finance, financial planning and market analysis.
Masters in Business Programs Overview
The most common Masters degrees in Business include the Masters in Business Administration (MBA), Master of Accountancy (MAcc) and Master of Science (MS) in Finance.Typically, a relevant undergraduate degree is needed to apply for admission, although accelerated MBA programs allow students to earn a bachelor's and master's degree simultaneously. Some MAcc programs require students to take the Certified Public Account (CPA) exam before acceptance, while others request that the exam be completed before finishing the program. While there are accelerated one-year masters programs, the average length of most Masters in Business Administration and Business Masters Programs is between 12 and 24 months. Some programs may require an internship or thesis.
EXPERT INSIGHT: Why Consider an MBA?
We asked Co-founder Andrew Haller, of software design consultancy AirDev, about what he learned from his MBA program:
“Through an MBA, I learned the principles of lean development, running experiments to find product-market fit. Second, it gave me the space to try (and fail) as an entrepreneur in a lower-risk environment. Finally, I met my co-founder, Vlad Leytus, at school!”
~Andrew Haller, Co-founder/Co-CEO of AirDev Click to Tweet
Choosing A Masters in Business Program: Online, On-Campus or Hybrid?
With the plethora of options to choose from, looking for Masters in Business Programs may seem daunting. Try to narrow your focus by initiating a search for Masters in Business Administration programs by location; use the city, state, or country tabs to browse listings in each area, and also select format type such as online, on-campus or hybrid - or you can search for MBA programs that don't require a GMAT.
Are you looking to attend a top accredited Business school on-campus, or would you prefer to earn your Masters Degree in Business online? Some universities also have hybrid programs that combine distance-learning with on-campus courses in one flexible format. You can always check that the school itself is accredited by the AACSB.
Remember to keep in mind your professional goals. For instance, do you want to manage money or manage people or both? Furthermore, general masters in business administration degrees will usually cover aspects of accountancy and finance. But if you wish to pursue a career in accounting or finance, you'll usually need to gain further qualifications.
Masters in Business Administration MBA
Concentrations for a master's in business administration include finance, management, marketing or human resources, as well as specialized business areas, such as healthcare. Students typically choose a program that is aligned with their career goals, whether these are general or very focused. Employers in today’s competitive marketplace often prefer candidates with an MBA.[i]
Masters in Business Administration (MBA) programs accept students with a four-year degree in accounting, management or business; however, students might also seek to earn an MBA in order to advance their career in other disciplines.
The goal of the MBA curriculum is to develop the organizational, leadership and communication skills required for upper management or executive positions. Concentrations are usually available in finance, marketing, human resources or specialized business areas. In an accelerated MBA program, learners usually complete prerequisites for their master's degree before taking elective courses in such areas as accounting, management and finance. Masters in Business Administration programs also comprise math courses in statistics, economics, econometrics and calculus. Other business requirements may include those in:
- Information technology
- Organizational behavior
- International business
- Monetary policy
- Business law
- Strategic business planning
- Contract negotiation
Alternative Masters in Business programs
While the MBA may be perfect for some, others may instead be more suited to either a more specialized and technical program or a more research-intensive, academic program. There is an abundance of advanced Masters in Business Programs being offered by colleges and universities across the United States. You can search the ‘subject selection’ directory for full listings of associated programs. For instance, a professional can obtain a Masters in Business degree in the following fields:
- Master of Accounting
- Master of Taxation
- Master of Finance
- Masters in Marketing/Advertising
- Master of Statistics
- Master of Actuarial Science
- Master of Risk Management / Insurance
- Master of Organizational Behavior
- Masters in Management
- Master of Economics
A master’s degree in business administration or a related field can enhance a manager’s opportunities to advance to a higher-level position, such as director of administrative services.[ii]
Road Map to Business Masters Programs: From General to Concentrations
To see how extensive your options are, make sure you open up the core masters program to view possible areas of concentration. Graduate School is the time to focus in on the area that you are most passionate about, want to conduct research in, or hope to get the best possible preparation for your next step (workplace or doctorate degree).
- Accounting Masters Programs – Forensic Accounting, Taxation
- Business Management & Administration Masters Programs – Business Prep, Executive Business Administration
- Business Information Systems Masters Programs - Business Intelligence
- E-commerce & Social Media Masters Programs
- Economics Masters Programs – Economic Development
- Entrepreneurship Masters Programs
- Environment & Agriculture Masters Programs – Agriculture, Green & Sustainable Energy
- Finance Masters Programs – Banking, Financial Planning
- Healthcare Administration & Management Masters Programs
- Hospitality Management Masters Programs – Entertainment Management, Tourism
- Human Resources Management Masters Programs – Business & corporate Education, Negotiation & Conflict Management
- International Business Masters Programs
- Marketing & Advertising Masters Programs – Advertising & Public Relations, Fashion Merchandising, Marketing, Sales
- Non-Profit Administration Masters Programs
- Operations Management Masters Programs – Construction Management, Contract Management, Quality Management, Supply Chain Management
- Organizational Leadership Masters Programs – Risk Management
- Project Management Masters Programs
- Public Administration & Policy Masters Programs – Government, Labor & Industrial Relations, Public Administration, Public Policy
- Real Estate & Property Management Masters Programs
- Sports Management Masters Programs
- Technology Management Masters Programs
Why Consider a Masters in Business Program?
Career choices in Business vary depending on a graduate’s interests, skill-sets, education, experience, and a host of other factors. Some graduates are interested in entrepreneurship, others in executive roles, consulting, banking, marketing or analyst roles. Some of the potential career paths might include:
- Management Analyst
- Accountants and Auditors
- Administrative Manager
- Budget Analyst
- Financial Analyst
- Top Executive
- Marketing Manager
Ready to Pursue a Masters Degree in Business?
Whether you pursue a traditional MBA or choose from one of the other Masters in Business Programs, you will likely fine-tune your analytical and decision-making skills, learn effective communication and managerial skills, and generally set yourself apart from candidates who have lesser training. A business degree is a great way to develop many of the transferable skills needed for use in a business environment, as well as to leverage the skills and strengths you have cultivated in your undergraduate years. Why not invest in your future by looking into Masters in Business and Masters of Business Administration programs on GradSchools.com today!
Sources: [i] bls.gov/ooh/business-and-financial/management-analysts.htm | bls.gov/ooh/business-and-financial/accountants-and-auditors.htm | [ii] bls.gov/ooh/management/administrative-services-managers.htm | bls.gov/ooh/business-and-financial/budget-analysts.htm | bls.gov/ooh/business-and-financial/financial-analysts.htm | bls.gov/ooh/management/top-executives.htm | bls.gov/ooh/management/advertising-promotions-and-marketing-managers.htm
This 30-credit-hour online program focuses on teaching students the innovative Agile methodology for managing projects and leading teams more effectively in today's fast-moving business environment. Designed for mid-career professionals pursuing...
The University of Scranton
Easily Land Your Preferred Position. Dedicated specifically to professionals who commit themselves to excellence in the finance industry, The University of Scranton's online MS in Finance delivers a modern education that...
University of Saint Mary
Customize your accelerated, online MBA degree with a concentration in Management. This concentration focuses on economics, general management skills such as conflict resolution, and an in-depth understanding of leadership.
Saint Mary's University of Minnesota
Master your use of big data, presentation, and business to explain the relationship between organizational problems and strategizing successful solutions. Affordable, convenient, and quick, the M.S. in Business Intelligence and Data Analytics prepare...
Seton Hall University
The online M.P.A. from Seton Hall University provides the foundation students need to turn theory into practice as a leader or manager of non-profit or government organizations.
St. John's University
What They’re Known For Based in New York City, St. John’s University is a diverse academic community with a globally focused curriculum.The Tobin College of Businessgives students the opportunity to learn from top...
Lawrence Technological University
Lawrence Tech has a rich tradition of developing leaders in technical and professional fields, and we’re committed to our motto of combining theory and practice.
Saint Joseph's University
The online Master of Science in Strategic Human Resource Management (MSSHRM) at Saint Joseph’s University is designed for students to obtain competence in the HR field, gain experience in organizational development and learn to help their busin...
Winthrop University's Master of Arts in Arts Administration combines current theory, academic research and applied practice to develop effective leaders who can work with skill, creative initiative and integrity in nonprofit arts environments. Le...
California Baptist University
The purpose of the online Masters of Business Administration in Accounting degree program (MBA-ACC), is to equip students for professional advancements in a variety of senior level positions in finance.
George Mason University
George Mason University's online Master of Health Administration in Health Systems Management teaches a curriculum that is aligned with the on ground CAHME-accredited leadership program, combining online class convenience with experiential, on-si...
The online M.S. in Organizational Leadership offers learners the practical skills necessary to effect powerful, positive change in their organizations. This is a student-centered program that provides an individualized path to success, built around a...
Queens University of Charlotte
The online Master of Business Administration from Queens University of Charlotte instills a foundation of leadership within our students.
- New York City, NYNew York City, NY
New York Institute Of Technology
Our AACSB-accredited program will provide you with the tools, skills, and experiential education you need to develop human resource and labor relations solutions aligned with an organization’s strategic business needs.
- Old Westbury, NY
- Tracy, CATracy, CA
Notre Dame de Namur University
Join Notre Dame de Namur University's top-ranked MBA today. With multiple start dates, format options, and locations, we make it possible to attend classes and complete coursework while you continue working.
- Belmont, CA
The George Washington University
The online MSHS in Clinical Operations and Healthcare Management program from the George Washington University prepares you to lead clinical operations across multiple health service delivery systems.
Purdue University's online Master of Science in Hospitality and Tourism Management (HTM) is a business-focused hospitality degree designed to help managers with HTM industry experience rise to new levels.