The MBA is the world’s most popular graduate management degree. Employers love it and students can’t get enough of it. Thousands of ambitious professionals apply to different types of MBA programs each year.
As a generalist degree, an MBA program gives you fundamental management knowledge, meaning you’ll get a holistic view of business across areas like marketing, finance, and accounting, all while developing those vital soft skills and leadership skills.
Famous MBA alumni include CEOs of multinational companies, successful entrepreneurs, and former Presidents. George W. Bush, Michael Bloomberg, Tim Cook, Satya Nadella, Sundar Pichai, Sheryl Sandberg – they all have MBAs.
What does MBA stand for?
First introduced by Harvard University Graduate School of Administration in 1908 (now Harvard Business School), the MBA is the original graduate degree offered by business schools globally.
Having “MBA” on your resume will help you stand out to employers, but the true meaning of the MBA goes beyond three letters on a sheet. During an MBA, you’ll build your business knowledge, grow your professional network, and boost your career and salary prospects.
Who is an MBA degree for?
There is no typical MBA student. While historically MBA students pursued careers in finance or consulting, the average MBA class today is filled with students from a wide variety of professional backgrounds.
According the Graduate Management Admission Council™ (GMAC™), the top career motivations for prospective MBA students include: salary increase, promotion to senior positions, managing people, and working internationally – and these benefits are just some of the many reasons to get an MBA.
Whatever your background, if you want to learn management skills and advance your career, the MBA is for you; whether you want to start your own business, progress within your current company, switch function, industry, location, or all three at the same time.
An MBA is not just designed to equip students for their next job post-graduation; it’s a life changing experience that enables students to make career changes five, 10, and 15 years post-MBA, thanks to the skills they learn and the network that lasts long after graduation.
