The Master of Business Administration
(MBA) is an internationally-recognized degree designed to develop the skills
required for careers in business and management. The value of the MBA, however,
is not limited strictly to the business world. An MBA can also be useful for
those pursuing a managerial career in the public sector, government, private
industry, and other areas.Most MBA programs include a "core"
curriculum of subjects, such as accounting, economics, marketing, and
operations, as well as elective courses that allow participants to follow their
own personal or professional interests. Some schools require that MBA
candidates complete an internship at a company or organization, which can lead
to concrete job opportunities after the program.The MBA is currently the most
popular professional degree program in the world. Today there are over 2,500
MBA programs offered worldwide; most are offered in English. First introduced
at universities in the United States around the turn of the 20th century, MBA
programs have evolved to keep up with the demands of the times.