What is MBA?

The Master of Business Administration (MBA) is a master's degree in business administration, which attracts people from a wide range of academic disciplines. The MBA designation originated in the United States, emerging from the late 19th century as the country industrialized and companies sought out scientific approaches to management. The core courses in the MBA program are designed to introduce students to the various areas of business such as accounting, marketing, human resources, operations management, etc.

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Basic types of MBA programs

Two-year (Full Time) MBA  programs normally take place over two academic years (i.e. approximately 18 months of term time). For example in the Northern Hemisphere beginning in late August/September of year one and continuing until May of year two, with a three to four month summer break in between years one and two. Students enter with a reasonable amount of prior real-world work experience and take classes during weekdays like other university students. Accelerated MBA  programs are a variation of the two year programs. They involve a higher course load with more intense class and examination schedules. They usually have less "down time" during the program and between semesters. For example, there is no three to four month summer break, and between semesters there might be seven to ten days off rather than three to five weeks vacation. Part-time MBA  programs normally hold classes on weekday evenings, after normal working hours, or on weekends. Part-time programs normally l
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Background Of MBA

The first  graduate school  of business in the  United States  was the  Tuck School of Business , part of  Dartmouth College . Founded in 1900, it was the first institution conferring  advanced degrees  ( masters ) in the commercial sciences, specifically, a  Master of Science  in Commerce degree, the forebear of the modern MBA degree. In 1908, the Graduate School of Business Administration (GSBA) at  Harvard University  was established; it offered the world's first MBA program, with a faculty of 15 plus 33 regular students and 47 special students. The  University of Chicago Booth School of Business  first offered working professionals the Executive MBA (EMBA) program in 1940, and this type of program is offered by most business schools today. In 1950, the first MBA degrees were awarded outside the United States by  The University of Western Ontario  in  Canada , [1]  followed in 1951 with the degree awarded by the  University of Pretoria  in  South Africa . [2]  The  Institute of
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