Online Degrees & Programs
MBA is an abbreviation for masters of business administration.
This is a higher degree designed to teach people from any industry sector the knowledge and skills needed to effectively manage an organization at a senior level. Alternatively, to help a fledgling business succeed.
Masters Degrees Online
Most people who hold an MBA also hold a bachelor's degree. The subject of the bachelor's degree is generally of little or no huge consequence as those interested in a MBA come from many degrees and work environments.
Degree, sometimes a required without industry work experience, provides an indicator of a student's ability to cope with the heavy rigors of studying in a MBA program.
You will probably find that graduate schools of management vary in their demand for prerequisites. Some require you to hold a bachelor's degree, others accept mature students if you can demonstrate several years experience in a decision-making role.
Some may even have an entrance exam.
MBA Programs: Training Courses
The applications of MBA programs are particularly flexible. Every commercial, academic, not for profit or indeed government institution needs effective administration to ensure that management policy is cohesive and resources are used to maximum benefit.
You may learn about organizational strategy, economics, marketing, forecasting, law, tax, finance, human resources, and planning.
You can usually choose to specialize in particular area of interest. e.g. international marketing and trade.
On completion of most MBA programs you could apply for a range of middle management or senior executive posts depending on your previous experience. Some people enjoy the freedom afforded by freelance work. You could even become a business consultant.
MBA Programs: Job Benefits
Middle and senior management positions require people with the right aptitudes and knowledge to take a business forward. If you have been working for the same company, but merely lack the knowledge, an MBA program may help you get that promotion.
MBA Programs: Job Outlook
According to the Bureau of Labor, management of companies and enterprises will grow by 11.4 percent between 2002 and 2012 and add 195,000 new jobs.