The Masters in Business Administration is a graduate degree specializing in business administration. The introductory courses offered by MBA programs consist of a diversified range of business topics such as marketing, operation management, human resource, finance, accounting etc to provide students an insight to all the dimensions of business administration. Students can choose a major area of concentration of their choice and direct one-fourth of their subject focus to graduate with a specialized Masters in Business Administration. Most popular MBA degrees with specialization include:
- MBA Finance
- MBA Marketing
- MBA Health Care
- MBA Human Resource
- MBA Entrepreneurship
Why Masters in Business Administration?
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With its aggressive theoretical approach, an MBA Degree trains a student thoroughly in numerous aspects of managing a business with practical application of the subject in the form of a compulsory internship or the optional work experience. MBA degrees lay great stress on the case study approach of teaching to give students the confidence of handling crisis situations and focusing on research to equip them well with theoretical, technical and practical knowledge.
There are countless accredited institutes in United States offering MBA with various specializations. Here is a list of world-class MBA Schools in the US:
- Harvard Business School
- University of Pennsylvania
- Carnegie Mellon School of Business
- Yale School of Management
- University of Chicago
These MBA Schools offer courses of study for on-campus students as well as online students. International participation by these well-recognized MBA Schools is highly appreciated. Various scholarships, grants and financial assistance programs are available to help fulfill the dreams of those who cannot afford the expenses of higher education.
Graduating from an MBA School allows you complete career transformation with high salary prospects. A degree from a well-recognized MBA School like the few mentioned above can position you well in the international corporate world. You could opt for various careers like public relations, international banking, international marketing, global management and consultancy firms etc. As per the United States Bureau of Labor Statistics, an MBA graduate can earn from $50,000 up to $100,000 with a projected growth of 12% in employment of MBA graduates in the coming years.
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Q:what is the admission criteria for enrolling in MBA programs in business schools?
A:The admission criteria for enrollment in MBA programs varies slightly from business school to business school. However, the general admission requirements are that students must have proof of high school education (GED), a minimum CGPA of 2.5, a GMAT score of above 600, and a minimum score/grade of C+ in high school subjects.
Q:How long does it take to complete the degrees offered at MBA schools?
A:The Masters in Business Administration (MBA) Degrees take on average about two years to complete, in any area of specialization. The duration differs upon the type of MBA pursued. The accelerated MBA degree takes about only 18 months to complete since there are no semester breaks or any other holidays allowed in the schedule. The part-time or the Executive MBA takes from 2 - 3 years to complete since classes are conducted on the weekends or in the after office timings. Lastly, the Online MBA programs have no time restrictions.
Q:I was transferring my credits to Online MBA Schools. But the moment I applied, the authorities said I can't. Why is it so?
A:Ever since March 2010, many of the Online MBA Schools in the United States have become quite stringent in offering any exemptions whatsoever. Over the last year the course structure and examination method has also quite drastically evolved and has become not quite identical to the campus based education. You may wish to opt for the online variant in your own current school, if they offer it, since that may be much less stringent for you.
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