Degree Overview: Master of Business Administration (MBA) Degree in Global Management and Business Relations
Majors Overview May 9, 2015Get information about Master of Business Administration (M.B.A.) degree programs in Global Management and Business Relations and their educational requirements, coursework, career choices, job and wage outlook, and continuing education choices.
Master of Business Administration (M.B.A.) Programs in Global Management and Business Relations
Individuals who seek a graduate-level, professional degree program that emphasizes techniques and theories for operating businesses would benefit from enrolling in a Master of Business Administration (M.B.A.).
Specialty coursework as offered in the Global Management and Business Relations M.B.A. program is devised to increase awareness about global issues and interactions among international partners. It includes concepts in marketing, accounting, and business regulation. Additional coursework in anthropology and sociology is included in some M.B.A. programs in Global Management and Business Relations.
Educational Requirements
Admission criteria typically require incoming students to hold a bachelor’s degree in a related field. Significant work experience in business or corporate settings are also a requirement in most M.B.A. programs. Applicants not only have to submit an application and pay a processing fee, but must also write an admissions essay wherein they must summarize their business and life experiences.
Coursework
Coursework in human resources, finance, and management is featured in most M.B.A. programs, in addition to classes in organizational behavior, entrepreneurship, and political economics. Core coursework may include topic areas such as:
•Managerial accounting
•Business decision making
•Operations
•Microeconomics
•Information management
Career Choices
Armed with an M.B.A. in Global Management and Business Relations, a candidate may boost his or her job prospects in pursuing a business-related career.
Job and Wage Outlook
In May 2012, managers in general brought home an average annual wage of $108,570. This amount ranges between $187,000 at the top end and $46,000 at the low end (U.S. Bureau of Labor Statistics). Over the 2010 – 2020 decade, a job growth rate of 7% has been predicted for management positions in general (BLS).
Continuing Education Choices
Those who graduate with a master’s degree in business administration may seek continuing education by earning an additional graduate or professional degree. With a doctoral degree in a field related to business, graduates can seek job opportunities in finance, academia, and research.
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