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:
“Be not a Jack of all trades, but a master of one.”
—Chinese proverb.
“The beasts, the fishes, and the winged fowls
Are their males’ subjects and at their controls:
Man, more divine, the master of all these,
Lord of the wide world and wild watery seas,
Indued with intellectual sense and souls,
Of more pre-eminence than fish and fowls,
Are masters to their females, and their lords:
Then let your will attend on their accords.”
—William Shakespeare (1564–1616)
“It is indolence ... indolence and love of ease; a want of all laudable ambition, of taste for good company, or of inclination to take the trouble of being agreeable, which make men clergymen. A clergyman has nothing to do but be slovenly and selfish; read the newspaper, watch the weather, and quarrel with his wife. His curate does all the work and the business of his own life is to dine.”
—Jane Austen (1775–1817)