The MBA is master’s degree in business administration. It is a desirable qualification to hold and one that is attractive to individuals from a wide range of backgrounds. It primarily involves acquiring knowledge relating to the latest management practices. The core subjects have been designed to familiarize students with a variety of concepts, ranging from accounting and marketing to human resources and operations management. The MBA admissions procedures and eligibility requirements depend primarily on the institute running the program.
Nearly every establishment offering an MBA program dictates that applicants must have successfully passed the Graduate Management Admission Test, more commonly referred to as GMAT. Certain schools may also accept the Graduate Record Examination, or GME, in lieu of the GMAT. Other qualification prerequisites may be based upon academic transcripts, references , work experience,
Most prestigious schools also place an emphasis on community activities, extracurricular interests, and whether the applicant would be able contribute to quality of the overall student body. There is no prejudice on ethnicity or nationality. Many of the top business schools also analyse a targeted male and female student ratio as well as local and international enrollee diversity.
In the US, MBA programs admission requirements usually dictate students to have at least five years experience in business to be eligible to enroll. As the number of MBA courses has increased over the last decade, there are certain educational establishments that have less strict admission criteria, though these courses may not hold such value in the eyes of employers.
When choosing an MBA program, it is essential to understand how the course content will vary in terms of skills that will be attained. Correct evaluation of the syllabus is essential if the applicant is to ensure the certification is desirable.
MBA programs can expose students to a variety of subjects as well as offering the opportunity to specialize in a preferred area. Typically, the first year would offer an introduction to a wide range of subjects, in the second year the course would become more specialized. There is the option of undertaking either full time or part time programs depending upon whether the study is taken alongside employment or an internship.
As a general rule regarding MBA admissions is that MBA courses (EMBA) for executives have stricter admission criteria than a regular MBA. These are designed to attract individuals with a prolonged amount of related work experience, usually from a more senior level.