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.
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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.
Select an MBA program from the listings below or use our on-page navigation to conduct a location search for MBA graduate schools. You can also refine by program format (campus, hybrid, online). There are many sponsored listings for the Masters in Business Administration degree, and each university has its own unique features.
Don’t be shy, reaching out to more than one MBA school may increase your chances of achieving your goal.
The Master of Science with a major in Management (MSM) program is a 36-hour graduate program designed to develop or enhance the personal and technical management skills necessary for more effective functioning within the administrative arena in priva...
Students in the Master of Business Administration (MBA) program design solutions and strategies for complex business problems and opportunities, evaluate personal management capabilities and design a plan for economic growth.
The Master of Science in Nursing (MSN) degree program at Indiana Wesleyan University’s School of Nursing prepares the student to serve in a variety of settings, from the most prestigious hospitals to the vital needs of the mission eld.
Purdue Global’s online Master of Business Administration program is designed to maximize your talent, while preparing you for career advancement and professional growth in a global economy.* The School of Business and Information Technology offers you o...
University of Southern Indiana
The USI MBA program is a 30 credit hour evening program that is accredited by AACSB.
University of Indianapolis
University of Saint Francis
Seven week terms with the convenience of evening courses, flexible start terms, and a fast track that will allow some students to finish the program i...
The Joint Juris Doctorate/Master of Business Administration program offers students the opportunity to pursue both degrees at Valparaiso University.
The Master of Business Administration (M.B.A.) program at Aurora University is designed for the working professional. The Dunham School of Business utilizes an eight-week class format that allows a student (meeting all the prerequisite requirements) tak...
The Anderson University Master of Business Administration program is a traditional, non-accelerated MBA program.
Evening classes allow for part-time or full-time completion of the program.
The Master of Business Administration in management examines the entire business organization from a functional, strategic approach.
University of Kansas
The program fosters the capacity for effective teaching and original research through mastery of a chosen field of study, a thorough understanding of...
The Ph.D. program in the School of Business seeks to prepare students for an active career in research and teaching.
In todayÆs marketplace, employers demand more from MBA graduates than ever before. They want employees who are prepared to hit the ground running and...
Ball State University
Ball State University’s nationally ranked Master of Business Administration (MBA) degree takes flexibility and customization to a whole new level. A Ball State MBA lets students align their courses with their personal objectives via their choice of fiv...
Earn your Master of Business Administration degree from the Kelley School of Business, one of the most distinguished business schools in the country.
AACSB International Accredited FAST TRACK M.B.A. program...Part-time, evening program, each class meets one night a week and can be finished in as lit...
The Kelley Direct OnLine MBA is a program that joins the efforts of Kelley Executive Partners and the Kelley School of Business at Indiana University.
For experienced professionals seeking a master's degree in business while maintaining their full-time job responsibilities.
The collaborative effort of four leading international business schools around the world makes IMM a truly international program...
The Master of Science in Industrial Administration (MSIA) program is an 11-month alternative to the traditional two-year MBA...
Our programs allow you and your company to gain new opportunities by providing you with: •New skills and ideas, •New relationships, •New perspectives, •New solutions. Since executive education needs vary, Krannert offers a diverse selection of M...
A Weekend MBA from the Krannert School of Management at Purdue University offers a globally prestigious degree.
The synergistic MBA program is stimulating, intense, and develops highly effective business management professionals.
University of Dayton
Grace College and Theological Seminary
Grace's MBA program studies business from a distinctly biblical perspective, giving you transformational knowledge and skills.
Indiana State University
The School of Business provides graduate students with a comprehensive and quality education in business in keeping with its mission.
With UDayton’s online MBA program, students with a business background can earn their degree in as few as 12–15 months while working full time. GMAT waivers available; bachelor’s degree required.
Kaplan University’s online Master of Business Administration program is designed to maximize your talent, while preparing you for career advancement and professional growth in a global economy.