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.
Lasell's Master of Science in Management provides a solid and competitive foundation in management and business operations.
Lasell's Master of Business Administration (MBA) program instills the skills, knowledge, and credentials you need to maximize your impact on your company's performance and advance your career -available fully online.
Anna Maria College's Master's in Business Administration (MBA) combines theoretical and hands-on experience taught by faculty with business and industry experience.
Experiential learning is what sets the Suffolk Online MBA program apart. It’s our commitment to immersing you in global business through live learning sessions with active professionals.
The MBA program at the McCallum Graduate School of Business prepares business leaders to succeed in the global economy...
This program is designed for those who need to balance demands of work and family, offering flexibility & choice in scheduling...
Choose from full-time, part-time or online options and one of eight concentrations to create a customized, market-proven degree perfectly designed for your career goals.
An MBA from Brandeis IBS gives you the skills and global network to make an impact.
Clark’s full- and part-time MBA programs prepare students for career advancement through a globally focused curriculum.
The Nichols MBA gives you the option of specializing in Management, Marketing, Accounting, Finance, or International Business.
Salem State College
Worcester Polytechnic Institute
Worcester Polytechnic Institute (WPI), the nation's third oldest technological university, features a variety of leading-edge graduate management degr...
The Master of Business Administration (MBA) Program at Boston College's Wallace E. Carroll School of Management offers a broadly based management education featuring active, hands-on learning and mastery of global business trends. The curriculum, struct...
The Master of Science program offers a multidisciplinary curriculum in Administrative Studies.
Berklee College of Music
Massachusetts Institute of Technology
The MIT Executive MBA is a rigorous 20-month, executive MBA that builds on MIT Sloan's history of distinguished programs.
The Graduate Business Program offers a curriculum of graduate study leading to a degree of Master of Business Administration (M.B.A.).
Curry College is an independent liberal arts college located on 120 rolling wooded acres in suburban Milton, Massachusetts.
Hult International Business School
Hult’s award-winning program integrates teaching interpersonal soft skills and practical business application into the curriculum. Students have the opportunity to work alongside peers of 140 nationalities and study at up to 3 of their 6 global locations...
University of Rhode Island
The University of Rhode Island Evening MBA Program, located at URI’s downtown Providence campus, prepares you for careers as effective leaders and managers.
The Babson Blended Learning MBA program combines online classes, face-to-face sessions at Babson and virtual collaboration so you can make the most of your time, your learning, and your investment.
Ideal for individuals who want a full-time campus experience and need a comprehensive business focus to redirect their careers.
Ideal for those with an academic foundation in business and a career-track that needs an accelerated, full-time MBA experience.
Ideal for working professionals seeking a part-time MBA program with flexibility to accommodate professional or personal demands...
Simmons School of Management offers a rigorous program, cutting-edge research, top-rated faculty, and a powerful alumnae network.
Fitchburg State College
The Master of Business Administration degree is designed to provide students with the skills and knowledge necessary to become leaders in business and...
The 12-month Master of Science in Leadership is designed to provide motivated mid- to upper-career professionals with an...
An eighteen-month rigorous part-time program aimed at accommodating executives and professionals who have already had at least ten years of work and m...
At Boston University, we’re committed to providing evening MBA students the same quality education and support as our full-time students.
The Master of Science (M.S.) in Administrative Studies is a multidisciplinary program designed to providean opportunity for focused graduate study in...
The MBA Curriculum is designed to offer both academic excellence and a continually updated curriculum that addresses the dynamics of today's global milieu. We place significant emphasis on conveying contemporary business perspectives and issues, cultiva...
A recognized leader in cross-disciplinary team-teaching and team-learning, Boston University offers elective study in Finance, Marketing, Accounting,...
Boston University Metropolitan College developed the Master of Science in Management (M.S.M.) to meet the need for international management leadership...
Daniel Webster College
The MBA in Applied Management is delivered in a cohort model with classes meeting just one night a week for 24 months.
The MBA for aviation professionals is a 100% ONLINE program and will follow a cohort model. There are many benefits of cohort education especially in...