The master’s of business administration, or MBA, is the terminal degree for business students. There are a host of traditional, brick-and-mortar universities with MBA programs, as well as many credible online schools offering the degree. The MBA student gains exposure to the science of business management, as well as learning the financial and logistic operations involved in general business. Although generalized education is part of the core requirement for an MBA student, many will specialize in specific business fields. Demand for MBAs is higher than for those with bachelor’s degrees in business.
MBA students will learn key business skills during their course of study. Quantitative analysis, economics, and information technologies are key concepts, as well as human resource management and financial analysis. Many MBA students aspire to executive positions, and having a master’s in business administration is a worthwhile first step to finding executive work. MBA students should make the most of their coursework at all levels, as well as engaging their university’s career center and learning about job placement options. Those seeking an MBA have the unique advantage of both educational opportunities and practical knowledge. Many of today’s top executives hold an MBA degree.
The master’s in business administration is a popular degree for those desiring top placement in the business world. Some schools offer “straight shot” programs — the opportunity to obtain an MBA without first being awarded a bachelor’s degree in a related field. Though you will complete coursework as if you had both a bachelors and a masters, you may be able to save some time and money electing to choose a program of this type. Another recent trend in procuring MBAs is the propagation of full time, part time, distance learning, and executive MBA programs. These programs increase educational flexibility, and offer those already working to continue in their current business positions while seeking further education.
MBA holders can be qualified for a host of jobs within the business field, from financial analyst to top executive. Management analysts or business consultants often hold MBA degrees, and the Bureau of Labor Statistics projects job growth through 2016. When choosing an MBA program, accreditation is of the utmost importance. One reputable licensure agency is The Association to Advance Collegiate Schools of Business, or the AACSB. Whether you choose an offline or online MBA program, ensure that you attend an accredited school. MBA programs can be expensive and time consuming, but increased flexibility and financial options make seeking a master’s in business administration worthwhile.
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