An MBA (Master of Business Administration) is a graduate degree obtained in a college that gives both theoretical and practical training to provide graduates general information about general business management functions. The MBS degree have a specific focus as: accounting, marketing or finance.
An MBA degree represents a level upward from an undergraduate business course and its achievement places the graduate apart from other candidates owning just an undergraduate degree.MBA programs has become being made available from most colleges and universities during the past two of years. As an example, only in britain, 116 business schools are offering MBA courses along with the number of students graduating this type of education has risen from 4,000 in 1990 to over 10,000 in 2000.
In order to be accepted in an MBA program, an individual must take the Graduate Management Admission Test (GMAT) – for that US education system. The GMAT is a standardized test that targets determining the aptitude of the candidate for an activity running a business management studies. It’s presently comprised of an essay section containing two free-response essays of 10 minutes each; two multiple choice sections, one mathematical section and one verbal skills section.
Independent of the GMAT test, other admission criteria focus on significant work experience, academic transcripts, references and interviews. Extra-curricular and community service activities represent a pursuit for that admission boards.
The MBA degree courses offer students knowledge on economics, organizational behavior, marketing, international business, finance, government policy, accounting and information technology management.
The standard MBA degree offers students a diverse array of general courses from the 1st year of studies, followed by a specialization within the second year.
Specialization in particular areas as: technology management, accounting, strategy or specialized business, marketing and finance has been offered by many MBA degrees.
There are lots of ways of attending MBA courses.Nowadays MBA degrees could be accessed through online, online learning or e-learning because the program offered by the University Business School. Due to large number of MBA degrees offered worldwide, the elite business schools are accredited by independent bodies because Association of MBAs. This association provides a global network to the MBA community: MBA students, MBA graduates, schools, businesses and employers.
Consequently, the MBA degree represents a top management qualification that can cause highly competent professional managers.
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