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.
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.