Masters of Business Administration (MBA)
A Masters of Business Administration, or MBA, is the postgraduate degree in business administration and one of the most popular degrees for incoming graduate students, according to the Council of Graduate Schools (based on 2010 data). MBA programs attract students from a wide range of disciplines, including education, hospitality and computer science. Executives in public education, nonprofit and for-profit enterprises and in the health care industry may all benefit from the scientific approach to management MBA courses provide. Earning a Masters in Business Administration can provide a range of skills and tools for graduates outside of the business world including the following:
Business Acumen: Running a business entails more than wearing a suit and tie. It involves understanding financial analyses and balancing the organization's opportunity costs, both of which are taught in an MBA program. These skills can be valuable outside of traditional business environments, such as nonprofits or in education. Skills for running a successful business may help you keep costs down and ensure that the company stays within operational budgets and also prepare you to pull the plug on a project if it's simply taking too long or not worth the time.
Leadership: An MBA program can impart the value of leadership and all its related aspects through a combination of training and internships. These programs may help teach you how to put your newfound leadership skills to use not only in day-to-day business operations, but in life outside of work as well.
Communication: An MBA program involves rigorous training, assignments, reports, presentations and group projects, all of which may provide you with the necessary communication skills to handle real-life business situations. The experiences you develop during the program have the potential to set you apart from others in your field.
Networking: The alliances that you form with your classmates may last a lifetime and the network that you create can be one of the most important and valuable things you take away from an MBA program. MBA graduates have said they often felt that the associations formed during the program were invaluable and could be drawn upon for years after they have earned their degree.
There are a number of MBA program specializations to choose from, including information security, operations management and accounting. Beyond the program specializations, there are also a number of different potential education paths you may take -- full time, an executive program, distance learning or earning a double degree in two MBA focuses. There are many options, so it may be advisable to weigh the pros and cons of each according to your individual circumstances.
This site gathers the information for you with the goal of highlighting the various aspects of an MBA program so that you have the information to help you make an informed choice as well as be prepared for what to expect from business school and beyond.
Below you'll find more information on what makes a good MBA candidate, what to expect during the Graduate Management Admissions Test (GMAT) and answers to frequently asked questions regarding various MBA programs.
General MBA Resources Provided On UNH MBA:
What is an MBA offers detailed information on what an MBA actually is, what the benefits of an MBA are and also discusses the popularity if MBAs programs within the Unites States.
MBA career opportunities discusses how an MBA can benefit your career and also offers details on the some of the career types that are well suited to those with an MBA under their belts.
The value of an MBA offers details on the skills that can be acquired through an MBA program, how these skills and this qualification can improve your career prospects and the financial value of having an MBA.
What makes a good MBA candidate provides information on what MBA institutions and programs are looking for in an MBA applicant, offers advice on submitting applications and tips for the MBA program interviews.
The Graduate Management Admission Test (GMAT) provides tips and information on the MBA entrance exam, detailing how the exam is assessed, the format of the test and the scoring structure of the GMAT.
GMAT study and test taking strategies provides a selection of invaluable study tips and strategies designed to help those taking or intending to take the GMAT.
How To Choose An MBA Program For You provides details on selecting the program that will meet your career needs. This covers considerations ranging from your expectations and physical circumstances to your finances and your lifestyle.
MBA FAQ covers a selection of commonly asked questions about the MBA program and process, enabling you to find out some basic details about MBAs at a glance.
MBA Programs offers information on some of the different types of MBA programs available today and discusses the methods of study used to take MBA courses. You can study for a wide range of MBA programs, from the general MBA to a dual MBA program with multiple specialties.