The Master of Business Administration (MBA or M.B.A.) is a master's degree in business administration, which attracts people from a wide range of academic disciplines. The MBA designation originated in the United States, emerging from the late 19th century as the country industrialized and companies sought out scientific approaches to management. The core courses in the MBA program are designed to introduce students to the various areas of business such as accounting, finance, marketing, human resources, operations management, etc. Students in MBA programs have the option of taking general business courses throughout the program or can select an area of concentration and focus approximately one-fourth of their studies in this subject.
Accreditation bodies exist specifically for MBA programs to ensure consistency and quality of graduate business education. Business schools in many countries offer MBA programs tailored to full-time, part-time, executive, and distance learning students, with specialized concentrations.
Read more about Master Of Business Administration: History, Accreditation, Basic Types of MBA Programs, Admissions Criteria, Program Content, In Europe, MBA Program Rankings, MBA Degree and Current Financial Crisis
Famous quotes containing the words master of, master and/or business:
“Man acts as though he were the shaper and master of language, while in fact language remains the master of man.”
—Martin Heidegger (1889–1976)
“Such thought such though have I that hold it tight
Till meditation master all its parts,
Nothing can stay my glance
Until that glance run in the world’s despite
To where the damned have howled away their hearts,
And where the blessed dance....”
—William Butler Yeats (1865–1939)
“I cannot be indifferent to the assassination of a member of my profession, We should be obliged to shut up business if we, the Kings, were to consider the assassination of Kings as of no consequence at all.”
—Edward VII (1841–1910)