What is MBA?
MBA stands for Master of Business Administration. It is an internationally recognized postgraduate business degree. It is academic in nature, like Master of Arts (MA) or Master of Science (M.Sc), yet it is a more practical than scientific (theoretical). This is a "hands-on" preparation for individuals in business and management for analyzing and solving demanding business problems. Business schools that offer MBA programs demand that students have some number of years of working experience (typically 3 - 5) before they take an MBA program, often as managers or senior managers.
History
The Master in Business Administration (MBA) is one of the most sought after degrees in the world. The MBA programs have been taught in the USA for over 100 years, but more recently, since the 1960s, the "MBA-craze" has spread around the world like the wild forest fire fueled by an ever-changing business climate. Today, virtually all universities and business schools offer MBA programs.
Latest news
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