Master of Business Administration
The Master of Business Administration
or MBA is a master’s academic degree specialized in business administration.
The MBA degree has gained countrywide recognition. Several business schools
offer specialized MBA programs customized to full-time, executive, distance
learning and part-time.
MBA program introduces students
to a diversity of subjects such as economics, marketing, finance, accounting,
international business, information technology management, project management,
government policy, and ethics.
Throughout the MBA program,
students need to cover a broad course and a focused prospectus. They can search
for placements during the interims. The
program enables the students to specialize in a specific field of study.
Types of MBA Programs:
Two-year MBA course takes time-duration
of over 18 months. First year of the course
starts in late August or September. It continues to May of second year, and then
follows a summer break of three to four weeks. Students attend their classes
during weekdays and obtain practical work experience from part-time jobs.
Accelerated MBA course is a division
of the two-year programs. It includes an overloaded course with a less downtime
between semesters. The program permits only a few days summer break.
A part-time MBA program holds
evening classes on weekdays, after the working hours. Three or more years are required for its
completion. These programs mostly consist of working professionals, who desire
to meet their graduation requirements.
Executive MBA or EMBA is another type
of program, specially intended for executives and managerial level people. It facilitates
students to obtain an MBA degree in 2 years, while doing a full time job. Executives
from various organizations undergo EMBA programs to gain a competitive edge.
EMBA students have more work experience as compared to other MBA students,
sometimes spanning over 10 years.
A distance-learning MBA course
holds off-campus classes. This program comes in number of different formats.
They are correspondence programs through emails or postal mails, live or
pre-recorded videoconference, and through offline or online computer courses. Many
prestigious business schools offer a distance-learning MBA program. Students need to check the school’s
recognition, before selecting a program.
A dual MBA program connects MBA
degree with some other specialized degree. It provides the students a chance to
cut down the costs and time on education.
Selection Criteria:
Majority of MBA programs support
admissions based on GMAT or Graduate Management Admission Test. Besides, considerable
work experience, personal interviews, academic transcripts, and letters of
recommendation are considered. The business schools are also paying attention
to extracurricular activities and students ability to perform different
tasks.
Most business schools require
students to complete a quantity of course work. The quantitative score of GMAT
and the academic transcripts of the students help to determine course work
quantity. The work experience and the leadership abilities are an added
advantage.
Several educational websites
provide a list of all the business schools in the United
States, which offers an MBA program. A
person, who desires to do an MBA program, can browse these websites. These
sites publish all the necessary information , about the Master of Business
Administration program.
About the author
John Elton
owns and operates a Best Penny Stocks Picks website to help
other investors with their stock decisions. He also operates a Home
Based Business earn money online site to help entrepreneurs gain experience
and wealth.
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