subject: Mba A Prospective Career Opportunity [print this page] The major career which is highly in demand among many high school candidates as well as graduate students is MBA. What is MBA precisely about? What is the entire madness around MBA? Why are the classmates talking about acquiring admission into a B-school? The particular GMAT (Graduate Management Admission Test) preparation is round the clock and everyone is preparing for it. Your friends are preparing day-in and day-out for this admission test.
The very first MBA (Masters in Business Administration) program was started in the United States of America in the 19th century. This is a concept which actually took birth in the U.S with the establishment of the first graduate school - Tuck School of Business in 1900 that is part of the Dartmouth College presently. The first MBA program has been offered by Harvard University in 1908. For more information on MBA programs read ahead.
Some of the major fields where MBA will be opted for are balances, finance, marketing, human resources and processes.
Forms of MBA programs
MBA is a program which would have different specializations offered. It is possible to opt for an MBA from the variety of time specific programs. The major forms of program divisions tend to be as under:
Full-time MBA program
Part-time MBA program
Executive MBA program
Distance MBA program
Online MBA program
Accreditation
Accreditation plays a major function in deciding which MBA program is good compared to the other one. You can find separate bodies which are responsible for accreditation of these MBA universities and programs. The universities need to meet specific needs in order to obtain accreditation which are based on the MBA program, curriculum and its applicability in the business world. Different accredited online colleges will give you details of the actual recognized courses and universities offering these types of courses. The Organization to Advance Collegiate Schools of Business (AASCB), Accreditation Council for Business Schools and Programs (ACBSP) and International Assembly for Collegiate Business Education (IACBE) are the 3 major accrediting bodies inside the United States.
Study Subjects
Some of the major topics that you would come across when you are studying MBA are:
Integrated management
You would run into this major in MBA which will give you a first look in understanding the various approaches to management and also creating and developing efficient managerial skills. It lays emphasis on four major aspects that the manager would come across which are - self improvement and growth, viewpoints, periods and processes.
Accounting
Accounting plays a vital role in any firm as it gives the monetary standing of an organization to the internal along with external publics of the organization. The internal publics are the staff and the external publics are the stock holders and also share holders who invest in the company. So it is highly essential to be good at figures as well as numbers.
Human Resource
The human resource management in a firm is highly important in order to maintain a good work atmosphere and quality at work place. Every person reacts in a particular way due to some reason and it is necessary to handle people appropriately in order to get the best out of them and finally help in leading to a high growth rate for your company in terms of profit and market standing.
Marketing
Marketing is a device through which you make your products known in the market. In this subject one would examine the marketing challenges faced while making your product known in the market and persuading people to buy the product.
These are some of the subjects you would study while pursuing a Masters in Business Administration. Make good use from the knowledge you gain from here and make an informed selection about the course which you'd like to carry forward.
