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2nd March 2016, 02:58 PM
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Join Date: May 2012
Re: MBA Master of Business Administration Details

The Master of Business Administration (MBA or M.B.A.) is a master's degree in business administration (management). The MBA degree was originated in the United States in the early 20th century.

Admissions criteria

Many programs base their admission decisions on a combination of undergraduate grade point average, academic transcripts, entrance exam scores, a résumé containing significant work experience, essays, letters of recommendation, and personal interviews.

Some schools are also interested in extracurricular activities, community service activities or volunteer work.

The Graduate Management Admission Test (GMAT) is the most prominently used entrance exam for admissions into MBA programs.

The Graduate Record Examination (GRE) is also accepted by almost all MBA programs in order to fulfill any entrance exam requirement they may have.

Some schools do not weigh entrance exam scores as heavily as other criteria, and some programs do not require entrance exam scores for admission.

Content

In general, MBA programs are structured around core courses.

A standard curriculum typically at the beginning of the MBA program, and elective courses that allow for a subject specialty or concentration

In the program's first year, students acquire both a working knowledge of management functions and the analytical skills needed to practice them.

After the first year, many full-time students seek internships.

In the second year, students pursue elective courses, which often go towards a specialization.

Careers options

An MBA prepares individuals for many types of careers.

Some of the more common jobs an MBA prepares one for include:

Business analyst or strategist

Business development analyst, associate, or manager

Director (of a department)

Entrepreneur/founder

Financial analyst

Management consultant

Marketing associate, analyst, or manager

Portfolio manager


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