A master’s degree program in Business Administration offers a huge range of disciplines in academics. The Degree was first introduced in the United States and came up with the concept of all the emerging recent scientific approaches to management. The basic courses introduced in this Master’s program include Accounting, finance, marketing, Human Resource, operations management, Information Systems, economics, organizational behavior, project management, real estate, strategy and a couple of others. The program offers its students, with a facility to take general business courses or can choose to select and concentrate on about one-fourth of their total courses. Basically the admission criteria in MBA are based on taking the aptitude tests called as the Graduate Management Admission Test (GMAT) along with a work experience, academic transcripts, sample essays, reference letters, letters for recommendation and interviews.
Some business schools also accept the test results of Graduate Record Examination (GRE) in place of GMAT, while some schools give more importance to the extra-curricular activities and other activities such as community services and what are the improvements a student can make to bring out diversity to the whole student body and contribute to the Organization.
Masters in Business Administration allows the students to get exposed to a wide range of subjects and also enables them to choose and specialize in an area of their interest. In the first year of Master’s program, the students are given a wide range courses to study, while in the second year, they need to carry on with the specialized set of curriculum. The students are also required to undertake Internships during their course of studies.
You can choose from quite a many types of MBA’s offered in the business schools that match your requirements and suit your needs. These include a Full-time MBA, which is of two years and it suits those students who have a sound experience of the real-world along with the regular classes taken on weekdays. Then there is Accelerated MBA program. It’s a variation of the ‘two-year-program’ and involves intense set of courses and a higher course load in examination schedule.
Another type is the Part-time MBA program for the ones who can only take classes on evenings or on weekends. Then you also have the choice to go for Executive MBA which is designed to fulfill the needs of people like executives or managers who have a greater work experience such as ten to twelve years or more, in order to enable them to earn a degree in two or less than two years.