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While the traditional full-time MBA degree is a popular option, the MBA today comes in all shapes and sizes. “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,” says Virginie Fougea, global director of admissions and financial aid at INSEAD. 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. Students come from the technology industry, manufacturing, healthcare, nonprofits, the media, and the military, as well as finance and consulting.Īt INSEAD, 88 nationalities are represented in the MBA class and students come from academic backgrounds ranging from business and engineering to the arts and political sciences.Īccording 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. Forty-four percent of students are women and 45 percent are US minority students. There are 69 nationalities represented in the Harvard MBA class of 2022.
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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. Photo: IIMT Group Of Colleges Greater Noida During an MBA, you’ll build your business knowledge, grow your professional network, and boost your career and salary prospects.
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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. MBA stands for Master of Business Administration.įirst 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.
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What is MBA, how to study it, and should you get the course, we will answer your questions in the article below.
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Taking cue from this, universities and institutes have started rolling out online programs to help students across the world to avail quality education. Today, the world is more digitally advanced than ever and can be accessed with just a click.