| Master of business administration or MBA as it is | | | | These programs may run for one or may be up to |
| commonly referred to, is a master's degree in business | | | | two years and leave you poorer by $40,000 for a |
| administration. Today, it is gaining popularity among | | | | one-year course. You may have to wait for some |
| people from all walks of life. However, finding a top | | | | time before you are able to get a good job and |
| business MBA college is not easy. A need for MBA | | | | recover the money spent on admissions or repay the |
| personnel in organizations was first felt when a | | | | loan. |
| scientific approach for management was sought. MBA | | | | Accreditation |
| schools are flourishing these days as there is high | | | | MBA business schools may be accredited by external |
| demand for better management skills. | | | | bodies which regulate the educational policies and |
| Various subjects are taught in business MBA classes. | | | | maintain a standard which ensures that the curriculum |
| Some of these are accounting, marketing, human | | | | meets a specific quality standard. Some of these |
| resources, and operations management. A student can | | | | accreditation agencies are Association of MBAs |
| choose to specialize in any one of these areas. An | | | | (AMBA), All India Council for Technical Education |
| MBA program may be customized to full-time, | | | | (AICTE), and the European Quality Improvement |
| part-time, executive, and distance learning according to | | | | System (EQUIS). |
| the suitability of the student. There are a number of | | | | Most top business MBA programs - be they two-year |
| MBA schools in both developed as well as developing | | | | (full time), accelerated MBA, part-time, executive, or |
| nations. | | | | distance learning MBA - base their admissions on the |
| Historical Facts | | | | Graduate Management Admission Test (GMAT). |
| *The Tuck School of Business, part of Dartmouth | | | | Other criteria like work experience, academic |
| College was the first MBA School in the United States. | | | | background, essays, references or letters of |
| It may not have been like today's top business MBA | | | | recommendation are also taken into consideration by |
| programs but it was the first institution which conferred | | | | different universities. In fact, some online MBA |
| advanced degree in the commercial sciences. | | | | international business programs also evaluate a |
| *The world's first MBA program was offered by the | | | | candidate on the basis of participation in extracurricular |
| Harvard University in their Graduate School of | | | | activities, sports, and community service activities. |
| Business Administration. | | | | You can find out the MBA top business rankings and |
| *The first MBA course for working professionals was | | | | get tips on how to get admission in the best business |
| offered at the University Of Chicago Graduate School | | | | school. You can also read expert views on an MBA |
| Of Business in 1940. It is still a popular course. | | | | business degree and business school profiles to |
| These days you can find thousands of MBA colleges, | | | | choose the best one for you. |
| institutions, and online courses teaching business | | | | If you want to be a top business manager, start |
| administration. The important thing to be kept in mind | | | | preparing for an MBA program and enroll in a top |
| before enrolling in any top business MBA program is a | | | | business MBA school. |
| commitment both in terms of money as well as time. | | | | |