Master of Business Administration -Taken From Wiki 01 June 2012

7/31/2019 Master of Business Administration -Taken From Wiki 01 June 2012

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Master of Business Administration

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"MBA" redirects here. For other uses, seeMBA (disambiguation).

The Master of Business Administration (MBA orM.B.A.) is a master's degree in

business administration, which attracts people from a wide range of academic disciplines.The MBA designation originated in the United States, emerging from the late 19th century

as the country industrialized and companies sought outscientific approaches to

management. The core courses in the MBA program are designed to introduce students tothe various areas of business such as accounting, finance, marketing, human resources,

operations management, etc. Students in MBA programs have the option of taking general

business courses throughout the program or can select an area of concentration and focusapproximately one-fourth of their studies in this subject.

Accreditation bodies exist specifically for MBA programs to ensure consistency and

quality of graduate business education. Business schools in many countries offer MBA

programs tailored to full-time, part-time,executive, and distance learningstudents, withspecialized concentrations.

Contents

[hide]

1 History

2 Accreditation 3 Basic types of MBA programs

4 Admissions criteria

5 Program content

6 In Europeo 6.1 History of the MBA in Europe

o 6.2 Bologna Accord

o 6.3 Accreditation

o 6.4 Austria

o 6.5 Czech Republic

o 6.6 Finland

o 6.7 France and French speaking countrieso 6.8 Germany

o 6.9 Italy

o 6.10 Poland

o 6.11 Ukraine

o 6.12 United Kingdom

7 Australia and Oceania
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s_Administration#United_Kingdom%23United_Kingdomhttp://en.wikipedia.org/wiki/Master_of_Business_Administration#Australia_and_Oceania%23Australia_and_Oceania


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o 7.1 Australia

8 Africa

o 8.1 South Africa

o 8.2 Ghana

o 8.3 Kenya

9 Asiao 9.1 Bangladesh

o 9.2 India

o 9.3 Israel

o 9.4 Pakistan

o 9.5 Sri Lanka

o 9.6 Other Asian countries

10 MBA program rankings

11 MBA degree and current financial crisis

12 See also

o 12.1 General information

o 12.2 Related graduate business degreeso 12.3 MBA accreditation agencies

13 References

14 External links

[edit] History

The first graduate schoolof business in the United States was the Tuck School of Business,part ofDartmouth College[1]Founded in 1900, it was the first institution conferring

advanced degrees(masters) in the commercial sciences, specifically, a Master of Science inCommerce degree, the forebear of the modern MBA degree.

In 1908, the Graduate School of Business Administration (GSBA) atHarvard University

was established; it offered the world's first MBA program,[2] with a faculty of 15 plus 33

regular students and 47 special students.

The University of Chicago Booth School of Business first offered working professionalsthe Executive MBA (EMBA) program in 1943,[3] first available in permanent campus in

three continents (Chicago, London and Singapore) and this type of program is offered by

most business schools today.

In 1946, Thunderbird School of Global Management was the first school to offer an MBAprogram focused on global management.[4]

In 1950, the first MBA degrees awarded outside the United States were by the Richard Ivey

School of BusinessatThe University of Western Ontarioin Canada,[5] followed in 1951

with the degree awarded by the University of Pretoria in South Africa.[6] In 1957, INSEADbecame the first European business school to offer an MBA program.[7] In 1986, the Roy E.
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Crummer Graduate School of Business atRollins College (Florida) was the first MBA

program to require every student to have a laptop computer in the classroom. Initially,

professors wheeled a cart of laptops into the classroom.[8]

The MBA degree has been adopted by universities worldwide, and has been adopted and

adapted by both developed and developing countries.[9]

[edit] Accreditation

Business schools or MBA programs may be accredited by external bodies which providestudents and employers with an independent view of their quality, and indicate that the

school's educational curriculum meets specific quality standards. The three major

accrediting bodies in the United States areAssociation to Advance Collegiate Schools ofBusiness (AACSB), which accredits research universities, the Accreditation Council for

Business Schools and Programs (ACBSP), which accredits universities and colleges, and

the International Assembly for Collegiate Business Education (IACBE),[10] all of which

also accredit schools outside the US. The AACSB, the ACBSP, and theIACBE arethemselves recognized in the United States by the Council for Higher Education

Accreditation (CHEA).[11] MBA programs with specializations for students pursuing

careers in healthcare management also eligible for accreditation by the Commission on theAccreditation of Healthcare Management Education (CAHME).

In the United States, an MBA program may also be considered accredited on the

institutional level. Bodies that accredit institutions as a whole include the Council for

Higher Education Accreditation(CHEA): Middle States Association of Colleges andSchools(MSA),New England Association of Schools and Colleges(NEASCSC), Higher

Learning Commission of theNorth Central Association of Colleges and Schools(HLC),

Northwest Commission on Colleges and Universities (NWCCU),Southern Association ofColleges and Schools(SACS), andWestern Association of Schools and Colleges (WASC).[12]

Accreditation agencies outside the United States include theAssociation of MBAs

(AMBA), a UK based organization that accredits MBA, DBA and MBM programsworldwide, government accreditation bodies such as the All India Council for Technical

Education (AICTE) that accredits MBA and PGDM programs across India, the Council on

Higher Education (CHE) in South Africa, the European Foundation for ManagementDevelopment operates the European Quality Improvement System (EQUIS) for mostly

European and Asian schools, and the Foundation for International Business Administration

Accreditation (FIBAA) in Europe.

[edit] Basic types of MBA programs

Two-year (Full Time) MBA programs normally take place over two academic years (i.e.

approximately 18 months of term time). For example in the Northern Hemisphere

beginning in late August/September of year one and continuing until May of year two, with
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a three to four month summer break in between years one and two. Students enter with a

reasonable amount of prior real-world work experience and take classes during weekdays

like other university students.

Accelerated MBA programs are a variation of the two year programs. They involve a

higher course load with more intense class and examination schedules. They usually haveless "down time" during the program and between semesters. For example, there is no three

to four month summer break, and between semesters there might be seven to ten days offrather than three to five weeks vacation.

Part-time MBA programs normally hold classes on weekday evenings, after normal

working hours, or on weekends. Part-time programs normally last three years or more. Thestudents in these programs typically consist of working professionals, who take a light

course load for a longer period of time until the graduation requirements are met.

Executive MBA (EMBA) programs developed to meet the educational needs of managers

and executives, allowing students to earn an MBA or another business-related graduatedegree in two years or less while working full time. Participants come from every type and

size of organization profit, nonprofit, government representing a variety of industries.

EMBA students typically have a higher level of work experience, often 10 years or more,

compared to other MBA students. In response to the increasing number of EMBAprograms offered, The Executive MBA Council was formed in 1981 to advance executive

education.

Distance learning MBA programs hold classes off-campus. These programs can beoffered in a number of different formats:correspondence coursesbypostal mail or email,

non-interactivebroadcast video, pre-recorded video, live teleconference or

videoconference, offline or online computer courses. Many schools offer these programs.

Blended learning programs combine distance learning with face-to-face instruction.[13]

These programs typically target working professionals who are unable to attend traditional

part-time programs.[14]

Dual MBA programs combine MBA degree with others (such as an MS, MA, or a J.D.,

etc.) to let students cut costs (dual programs usually cost less than pursuing 2 degreesseparately), save time on education and to tailor the business education courses to their

needs. Some business schools offer programs in which students can earn both agraduate's

degree inbusiness administration and an MBA in four or five years.

Mini-MBA is a term used by many non-profit and for-profit institutions to describe atraining regimen focused on the fundamentals ofbusiness. Mini-MBA programs are

typically non-credit bearing programs that require less than 100 hours of total learning.

[edit] Admissions criteria

Taken from
http://en.wikipedia.org/wiki/Distance_learninghttp://en.wikipedia.org/wiki/Correspondence_coursehttp://en.wikipedia.org/wiki/Correspondence_coursehttp://en.wikipedia.org/wiki/Correspondence_coursehttp://en.wikipedia.org/wiki/Postal_mailhttp://en.wikipedia.org/wiki/Broadcast_videohttp://en.wikipedia.org/wiki/Broadcast_videohttp://en.wikipedia.org/wiki/Teleconferencehttp://en.wikipedia.org/wiki/Videoconferencehttp://en.wikipedia.org/wiki/Master_of_Business_Administration#cite_note-12%23cite_note-12http://en.wikipedia.org/wiki/Master_of_Business_Administration#cite_note-13%23cite_note-13http://en.wikipedia.org/wiki/Master_of_Business_Administration#cite_note-13%23cite_note-13http://en.wikipedia.org/wiki/Juris_Doctorhttp://en.wikipedia.org/w/index.php?title=Graduate%27s_degree&action=edit&redlink=1http://en.wikipedia.org/w/index.php?title=Graduate%27s_degree&action=edit&redlink=1http://en.wikipedia.org/w/index.php?title=Graduate%27s_degree&action=edit&redlink=1http://en.wikipedia.org/wiki/Business_administrationhttp://en.wikipedia.org/wiki/Business_administrationhttp://en.wikipedia.org/wiki/Mini-MBAhttp://en.wikipedia.org/wiki/Non-profit_organizationhttp://en.wikipedia.org/wiki/For-profithttp://en.wikipedia.org/wiki/Traininghttp://en.wikipedia.org/wiki/Businesshttp://en.wikipedia.org/wiki/Businesshttp://en.wikipedia.org/w/index.php?title=Master_of_Business_Administration&action=edit&section=4http://en.wikipedia.org/wiki/Distance_learninghttp://en.wikipedia.org/wiki/Correspondence_coursehttp://en.wikipedia.org/wiki/Postal_mailhttp://en.wikipedia.org/wiki/Broadcast_videohttp://en.wikipedia.org/wiki/Teleconferencehttp://en.wikipedia.org/wiki/Videoconferencehttp://en.wikipedia.org/wiki/Master_of_Business_Administration#cite_note-12%23cite_note-12http://en.wikipedia.org/wiki/Master_of_Business_Administration#cite_note-13%23cite_note-13http://en.wikipedia.org/wiki/Juris_Doctorhttp://en.wikipedia.org/w/index.php?title=Graduate%27s_degree&action=edit&redlink=1http://en.wikipedia.org/w/index.php?title=Graduate%27s_degree&action=edit&redlink=1http://en.wikipedia.org/wiki/Business_administrationhttp://en.wikipedia.org/wiki/Mini-MBAhttp://en.wikipedia.org/wiki/Non-profit_organizationhttp://en.wikipedia.org/wiki/For-profithttp://en.wikipedia.org/wiki/Traininghttp://en.wikipedia.org/wiki/Businesshttp://en.wikipedia.org/w/index.php?title=Master_of_Business_Administration&action=edit&section=4


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http://en.wikipedia.org/wiki/Master_of_Business_Administration

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Master of Business Administration -Taken From Wiki 01 June 2012