The Master of Business Administration (MBA or M.B.A.)

An MBA, or Master's in Business Administration, is an advanced degree designed to give business professionals the credentials they need to lead organizations in both the public and private sectors. The following ten-part series will familiarize you with all of your MBA program options while guiding you through the selection and application process. Discover financing options, dive into the MBA curriculum, and prepare yourself for life as an MBA student.
What Is a Master of Business Administration?
A Master of Business Administration, or MBA, sharpens the skills of aspiring managers and business professionals. The MBA dates back to the early 20th century: as the nation was becoming increasingly industrialized, companies were in need of professionals with strong management skills to lead administrative operations and corporate initiatives in the workforce. The world’s first MBA degree, offered by Harvard University in 1908, approached the concept of management from a scientific point of view; the degree identified a uniform set of skills to standardize the training for business administrators in any industry or field.
Since its introduction to industrial America, the MBA has evolved into a diverse and comprehensive program for professionals in all areas of business and commerce. Today the degree is meant to broaden a student’s conceptual skills in critical thinking, leadership, communication, and problem-solving, while also allowing them to pursue a particular concentration or forge their own path as an entrepreneur. Many schools offer concentrations in popular areas of business administration to help students strengthen specialized career skills. Traditional MBA specializations include finance, marketing, accounting, and international business, with additional options emerging in information technology management, healthcare leadership, and entrepreneurship.
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