The MBA degree is regarded as a terminal and professional Masters degree in business administration. Commonly abbreviated as M.B.A., the Master's degree in business administration is an internationally recognized business graduate degree.
Many students pursue an MBA to fine tune their skills in preparation for today’s competitive business environment.
Initial MBA programs rose in the 20th century as a response to industrial development. Companies started to seek science-based approaches to management. Today’s MBA programs teach basic business courses, strategy, and team building.
MBA programs cover a wide range of business fields, such as marketing, finance, accounting, business management and more.
Start Date: 01/07/2019
Format / Location - Online
Total Enrollments - 2,607+
Student / Teacher Ratio - 12:1
Start Date: 01/22/2019
Format / Location - Online
Total Enrollments - 10,863+
Student / Teacher Ratio - 16:1
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Format / Location - Online
Total Enrollments - 26,149+
Student / Teacher Ratio - 17:1
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The first step in earning a MBA degree is to earn a bachelor's degree from an accredited university. This does not have to be a business degree. Aside from this, university requirements for MBA degree programs vary. Some business schools look for specific qualities in their future students. Others look at level of management experience. Some possible requirements are listed below.
Many MBA graduates chose to pursue a career in business. However some might want to consider earning a Doctor of Business Administration (DBA) degree. As the highest professional practice degree beyond the Master of Business Administration, it may help individuals distinguish themselves from other MBA graduates, or, establish further expertise through research and advanced coursework.
We asked Executive Chef of Wednesdays Jenny Dorsey how earning an MBA helped her in business:
My MBA truly showed me what "networking" - the effective, powerful kind - means. I learned how to network and prospect new clients, building my two businesses from the ground up. As the saying goes, people will forget all about what you say and do but they will remember how you made them feel.
According to Bureau of Labor Statistics, Securities, commodities, and financial services sales agents had the biggest wage premium of any of these occupations: workers who had a master’s degree earned a wage that was nearly 90 percent higher than that for workers with a bachelor’s degree. Many of these sales agents earned a master’s degree in business administration (MBA), which may be required for high-level jobs."
Some common jobs available for those awarded with an MBA:
Accelerated, No GMAT Required
Entrepreneurship and Family Enterprise Specialization
Non Profit Leadership & Management
Since not all students can participate in a two-year full-time MBA, business schools have adapted.
An Executive Masters in Business Administration (EMBA) degree is an MBA for executives. EMBA programs may be accelerated or more flexible. Some schools offer these programs during the evenings or weekends.
Many MBA programs focus on a specific concentration. MBA concentration areas are elective courses that tailor the degree to a student’s interest. Or, it can be used to gain extra skills in one domain. These areas differ from school to school, so it is one way of narrowing down what schools you apply to. Sample concentrations are listed below.
MBA degree program accreditation by external agencies offers students and employers an independent perspective of the school or program's quality. In addition, it could speak to whether the curriculum meets professional standards. This is an important aspect to consider when choosing an MBA Program. Some examples of the major accrediting bodies in the United States are listed below.
The traditional MBA degree is a two-year full time program. In many MBA schools, this means four terms, summer breaks and pre-set holidays. However, there are other formats that either speed up or slow down the time to graduation.
MBA degrees may consist of about 18 credits of required core business courses and 42 credits of electives for a total of 60 credits. There is are varying credit stacks, however. Programs with fewer credits are likely aimed at students with a Bachelors in Business or prior work history.
Are you hoping to climb up the corporate ladder? MBA programs typically encourage students to develop the professional skills thought of as critical in today's business environment.
If you are interested in earning your MBA, here are some skills that may be useful:
We asked Honor Society Executive Director Mike Moradian about the possible benefits of an MBA:
Aside from the ROI, students who earn their MBA undoubtedly leave with a strong understanding of management and an advanced business acumen.
An MBA from Edinburgh, one of the top 25 global universities, is highly regarded...
Business Economics is one of several single honours pathways available within the BUS suite of programmes taught at Roehampton.
Teaching and learning methods * Formal lectures from Roehampton staff * Guest lectures from leading practitioners * Student-led seminars and group work * Opportunities for sel...
Ranked amongst the global top 200 MBAs.
Robert Gordon University, The
This programme has three stages: stage one covers four modules relating to general/core management subjects; stage two concentrates on the importance...
The Aberdeen Business School AMBA accredited MBAs are studied over 3 years with start dates in late September and January. Key modules include strateg...
London Business School
The London Business School MBA offers a remarkable learning experience that will transform your future.
At LBS we are very proud of our long-established, and internationally recognised reputation for delivering a "real" MBA - our level of quality we will...
EMBA-Global is a groundbreaking dual MBA Programme run jointly between London Business School and Columbia Business School.
Brunel's overseas students make an important contribution to the academic and social life of the University.
Imperial College of Science, Technology and Medicine
International Management Centres Association
The IMCA Internet MBA is open to executives with a minimum of four years experience at middle/senior management level in industry, commerce and the public sector.Actionable in the workplace the programmes provide direct learning in an area most useful t...
London Universal College
LUC is a subdivision of the Academy Of Professional Studies which is also accredited by the BAC...
Brighton International Business School
This MBA is an internationally recognised Business and Management qualification, suitable for those with, or planning, a major role in their Congregat...
Regent's University London
Our dynamic MBA programme is designed to provide highly specialised leadership and management training in a multicultural world.
University of Nottingham
M.A. programmes are aimed at students with a good first degree in management, economics, accounting and finance or a related subject. The School welcomes applications from suitably qualified students to undertake research leading to the degrees of M...
Academy of Professional Studies
APS offers an extensive and exciting range of courses throughout the year.
Keele is a residential campus university set in beautiful Staffordshire parkland.
London College Of Management And IT
The college takes great pride in the range of services it provides to students, from the study and accommodation facilities through to the quality of...
Henley Business School
Roffey Park Management Institute
At Roffey Park, we provide something genuinely different to a conventional MBA programme.
London School of Economics and Political Science
LSE offers the TRIUM Global Executive MBA Programme jointly with NYU Stern School of Business and HEC School of Management,...
London Community Training College
Dynamic college located in one of the developed localities of London, surrounded by all big corporates, offering undergraduate and graduate courses in...
Liverpool John Moores University
Liverpool John Moores University, (or JMU as we are known by ourfriends) is one of the largest universities in the United Kingdom. We have more than 2...
Imperial College London
Tackle global, social problems through the integration of business and science.