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Information on Master of Business Administration (MBA) Degree Program

Majors Overview May 18, 2015

Get information about Master of Business Administration (M.B.A.) degree programs and their education requirements, coursework, career choices, job and wage outlook, and continuing education choices.

Master of Business Administration (M.B.A.) Programs

Numerous important business disciplines, such as business policy, marketing, human resources and economics are in an MBA program. An area of business specialization, such as international business, marketing or human resources, can usually be chosen by students. However, students enrolled in a general MBA program are allowed to gain knowledge in various business disciplines. Some schools offer programs in both on-campus and online formats, including study abroad and internship opportunities that can be availed by all enrolled students.

Education Requirements

Admission criteria in competitive MBA programs typically require incoming students to hold a bachelor’s degree. They may also need to complete graduate examinations, such as the GRE or GMAT, and submit letters of recommendation.

Coursework

Coursework in graduate business administration programs typically covers classes in financial management, accounting and managerial decision making. Students enrolled in MBA programs are allowed to complete general coursework and go on to opt for elective coursework in their areas of interest. Opportunities for practical study are typically available. Core coursework may cover topic areas such as:

•Operations management
•Marketing strategies
•Business strategies
•Global business
•Funds management
•Leadership potential
•Organizational change

Career Choices

Program graduates may aspire for top management positions. They may already be in current management jobs and may enroll to advance their prospects for promotion. Management positions may be available to graduates in industries such as:

•Manufacturing
•Healthcare
•Government

Job and Wage Outlook

Over the 2012 – 2022 decade, a job growth rate of eleven percent has been predicted for top executives across all industries (U.S. Bureau of Labor Statistics). In May 2012, chief executives brought in an average annual wage ranging between $76,220 and $187,200.

Continuing Education Choices

Program graduates may opt for continued education by earning a Ph.D. in Business Administration that would allow them to seek careers in research or academia. Schools offer Ph.D. programs in marketing or business administration.

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5 Program(s) Found
  • Founded in 1951 by World War II veteran Donald Grantham to provide affordable, higher education for service members and their families.
  • Approved by all branches of the United States Armed Forces for Tuition Assistance (TA), and for benefits payments by the Department of Veteran Affairs benefits (VA).
  • Reviews applicants’ military and professional training for possible transfer credits, and honors credit earned through successful completion of Defense Acquisition University (DAU) courses.
  • Participates in GoArmyEd, Marine Corps Academic Explorer, The Air University Associate to Baccalaureate Cooperative (CCAF), and many other virtual gateways.
  • Online Courses
  • Financial Aid
  • Transferable Credits
5 Program(s) Found
  • Ready to earn your business degree? If you identify with at least one of the statements below, GCU could be a good fit for you!
  • I have worked in the business field for a number of years and want to further my education in order to qualify for promotions, leadership positions, and salary increases.
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Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
5 Program(s) Found
  • Purdue University Global
  • Experience world-class education online: Purdue Global offers 180 programs at associate's, bachelor's, master's and doctoral levels.
  • Online Courses
  • Education Connection is a 100% Free College Matching Service used by 50,000 People Daily.
  • Get Matched to the Right Business Administration and Management, Accounting, Healthcare Administration, Marketing and Entrepreneurship Degree Program for YOU.
  • Affordable and Flexible Business Degree Programs from Top Colleges Across the Nation. Both Online And Campus!
  • Just Fill Out a Few Questions and You Can Find Your Perfect Business Degree Program Within Minutes.
  • Start Using our Fast, Free, and Easy Matching Service Right HERE and Right NOW!
  • Online Courses

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