What does mba stand for

Got another good explanation for MBA? Don't keep it to yourself! Add it HERE! Still can't find the acronym definition you were looking for? Use our Power Search technology to look for more unique definitions from across the web! Search the web. Citation Use the citation options below to add these abbreviations to your bibliography. Powered by CITE. Antilock Braking Service. Artificial Braking System. Antilock Braking System. Another Buyer Surcharge. Browse Abbreviations. Get instant explanation for any acronym or abbreviation that hits you anywhere on the web!

Two clicks install ». Download Close. You usually study the core MBA syllabus before choosing electives in the second half of the program. There are a wide variety of elective courses covering anything from HR management, nonprofit management, entrepreneurship, sustainability and CSR, to cutting-edge topics like artificial intelligence and blockchain.

Most MBA courses are taught using the case study method, made famous by Harvard Business School, which sees students analyze case studies of business successes or failures before discussing them in class. You learn the business theory during an MBA before applying your learnings in group project work or even real-world consulting projects.

Outside class, you can immerse yourself in all aspects of business school life: MBA clubs, extracurriculars, networking events, conferences, competitions, company visits, and exciting international immersions.

What can you do with an MBA degree? Pretty much anything you set your mind to. An MBA prepares you for jobs in a variety of industries and roles. Typical MBA jobs include:. Employers love hiring MBA graduates and many recruit on campus. Increasingly, MBA graduates can be found in industries ranging from healthcare to nonprofits working for both multinationals and startups, and many start businesses of their own.

In , 18 percent of Stanford Graduate School of Business graduates dedicated themselves to entrepreneurship and launched their own ventures.

Several years after graduation, MBAs progress to senior, executive-level jobs. Getting an MBA degree will boost your salary prospects. Three years after graduation, MBA salaries can increase by well over percent.

Across the top 10 MBA programs ranked by the Financial Times in , students increased their salaries by more than percent on average three years after their MBA. Most students generally pursue a graduate degree like this when they're in their mid- to lates. Being in this age group gives them a good chance to gain some work experience, as well as some time and flexibility to determine where they'd like to work after they graduate from business school.

It is a field of graduate study that specializes in business administration after a student receives their undergraduate degree. Earning an MBA can enhance one's career path or help land a high-paying job. Typically, however, the expense is only offset if the degree is earned from a top-tier business school and if the career path sought is business-related.

Despite the cost-benefit analysis , the great majority of business school alumni self-report very positive experiences and high value from their MBA degrees.

If somebody cannot afford the cost, cannot get into a top program or does not have the time to juggle work and study, there are fortunately other good options to pursue such as the CFA or a Master's degree in Finance or Economics. Accessed Feb. CFA Institute. Career Advice. Your Privacy Rights. To change or withdraw your consent choices for Investopedia.

At any time, you can update your settings through the "EU Privacy" link at the bottom of any page. These choices will be signaled globally to our partners and will not affect browsing data.

We and our partners process data to: Actively scan device characteristics for identification. I Accept Show Purposes. Your Money. Personal Finance. Your Practice. Popular Courses. Financial Advisor Financial Advisor Careers. Table of Contents Expand. Understanding the MBA Degree. MBA Degree Alternatives. The Bottom Line. Pros Graduating with an MBA can earn you a higher salary. You'll have a leg up on your competition if you earn your MBA from a top-tier school.

An MBA gives you the skills and knowledge you need to advance in your field. Cons Having an MBA doesn't necessarily make you an ideal hire. The program had 15 faculty members and awarded eight students an MBA degree after two years of study. Over time, MBA programs grew popular around the U.

In , Shanghai College of Commerce became the first business school in China. Most of these programs excluded women for decades. Although MBA programs became firmly established in the world of graduate education, tension remained around whether business skills could truly be taught in a classroom.

Some business professionals looked down on business school education, claiming that it was too theoretical and lacked practical applications. Business programs have continued to adapt to make their curriculum ever more applicable to real-world skills.

Today, programs tend to include hands-on training and internship opportunities, plus they place more and more emphasis on interpersonal communication, leadership, globalization, and business ethics and morality. MBA programs also now come in a variety of shapes and sizes. Some are full-time, two-year programs, while others offer part-time study, specialized training for executives the EMBA mentioned above , or courses that are conducted entirely online.

MBA programs have changed substantially over the years, and they will continue to adapt along with changing economies, technological development, and the call for increased specialization.

While MBAs are the most sought after business degree, there are a few others that you can earn at business school.