What is an MBA degree?

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Flag of United States  , California
Wednesday, January 3, 2007

A Master of Business Administration is a graduate degree acquired at a college or university that proffers both theoretical and practical instruction to give basic and complete knowledge about general business management functions. MBS degree might have a specific focal point as: marketing, accounting or finance.

A Master of Business Administration degree stands a level ahead from an undergraduate business course and its success places the graduate far above other aspirants possessing just an undergraduate degree. Nowadays many universities and colleges proffers MBA program. For example, In UK alone, 118 business schools are proffering MBA courses presently and there is an increase in the number of students too. In year 1990 there were 4300 students taking up this degree and in year 2000, more than 10,000 students are taking up this form of education.

GMAT (Graduate Management Admission Test) score is very crucial to get into an MBA program (for the US education system). The GMAT determines the IQ of an aspirant for an activity in business management studies.

Currently GMAT test consist of an

Essay column holding two free-response essays of 10 minutes each.
2 multiple option sections.
1 mathematical column. And
One verbal skill column.
In addition to GMAT test, other admission process has a focus point on qualified and good work experience, academic documentaries, references and individual personal interviews. Extra-curricular and community service activities symbolize an attention for the admission boards.

This degree proffers students skills on economics, international business, behavior, marketing, accounting, information technology management and organizational behavior.

The usual MBA degree follows criteria to proffer a wide range of general courses in the first year of studies, and in second year a specialization field can be selected. Specialization can be done in many fields.

There are various ways of attending MBA courses. MBA degrees can also be obtained online, distance learning or e-learning program proffered by the various universities. Due to the great range of MBA degrees proffered globally, the best business schools are being accredited by sovereign bodies as the Association of MBAs. This association is globally recognized and forms a network of MBA students, MBA graduates, schools, businesses and employers ultimately forming the MBA global community.

Therefore, MBA degree symbolizes a winning and leading management qualification that creates extremely capable professional managers.
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