 WHAT IS AN MBA? |
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The Master in Business Administration (MBA)
degree is internationally recognised and is seen as a passport to a successful management career.
The MBA is essentially a generalist qualification, designed to widen the horizons of business professionals. It takes into account all the major functions and practises of a business, including:
- Production and marketing of goods and services
- Finance procedures
- The economic and legal environment and the social framework
- Accounting, quantative methods and management information systems
- Human resource development at both the personal and collective level
As well as a post-graduate degree, the MBA is also strongly post-experience. Students on an accredited MBA course will usually bring five to ten years postgraduate experience with them. For those without such experience, a Masters in Business and Management (MBM - formerly known as PEMM) may be more suitable.
The MBA is the world's most popular postgraduate degree. Around 90,000 MBAs graduate in the US each year. The UK, with over 10,000 graduates annually, produces the highest number of MBAs outside North America.
History of the MBA
The first MBA programme was established in the USA in the early 1900s and was introduced into Europe in the 1960s with the founding of IESE in Spain. London Business School and Manchester Business School followed shortly after.
Thousands of universities and colleges around the world offer the MBA today. Increased globalisation and changing lifestyles, has led to schools offering more flexible ways of learning either via distance learning or part-time study.
With so many programmes to choose from, there is a huge diversity in quality. Helping you to make an informed choice is one of our key roles here at the Association.
 How will I benefit from an MBA?
Is the MBA right for me?
Salary and career benefits
MBA loan scheme
Top ten FAQs
What about rankings?
Accredited MBA Fair 2007
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