Master of Business Administration
From open-encyclopedia.com - the free encyclopedia.
Master of Business Administration (MBA) is a tertiary degree in business management. It is one of the few master's degrees with more prestige than the associated doctor's degree. Given the recent interest in the MBA degree, there have been growing concerns about the hype it has generated.
An important admission criterion to most MBA programs is the GMAT test. Schools that offer the MBA are usually known as either management or business schools.
An MBA is considered a professional Master's degree rather than a traditional or academic Master's degree. However, completion of an MBA does not usually preclude admission to a PhD program.
MBA programs require students to master a variety of subjects, including economics, organizational behaviour, marketing, accounting, finance, strategy, international business, information technology management, and government policy. Many programs allow students to specialize in a particular area, but completion of the core breadth requirements is still necessary.
The UK Government announced in its April 2004 budget that persons holding an MBA degree from the world's top fifty business schools will be entitled to work in the UK for one year. After this year has elapsed, they are likely to qualify for the UK's Highly Skilled Migrant Programme. This, in effect, means that an MBA from one of the top schools is a ticket to UK residency status.
External links
- MBA.co.za: MBA.co.za - Your guide to an MBA degree in South Africa
- MBA Depot: MBA Depot - Resources and tools for MBAs and managers
- MBA Humor Stuff you don't learn at Harvard
- Getting into a Top 5 MBA Program - Insider's Guide from a Top Consulting Firm
- http://www.mba.org.uk - The Association of MBAs (AMBA) accredits Business Schools
- MBA: Is the MBA Degree Worth it?
- MBApedia: An open, collaborative and free encyclopedia for entrepreneurs, small business, and MBA students.
- MBA programs: Worldwide directory of MBA schools and programs that includes admission tips, scholarship links, and glossary of terms.
- Canadian MBA Rankings
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