​​​​​​​​​​​​​​​​​

MBA

Master of Business Administration (MBA) programs are generally structured around core courses (a standard curriculum), typically at the beginning of the MBA program, and elective courses that allow for a subject specialty or concentration. Thus, in the program's first year, students acquire both a working knowledge of management functions and the analytical skills needed to practice them. After the first year, many full-time students seek internships. In the second year, students pursue elective courses, which often lead into specialization.​1​

Programs are designed such that students gain exposure to theory and practice alike. Courses include lectures, case studies and team projects; however, the mix will differ by school and by format. Theory is covered in the classroom setting by academic faculty and is reinforced through the case study method, placing the student in the role of the decision maker. Similar to real world business situations, cases include both constraints and incomplete information. Practical learning often comprises consulting projects with real clients and is generally undertaken in teams. The practical elements as well as the case studies frequently involve external practitioners, supporting the teaching from academic faculty​​.1

Executive MBA programs typically take place in the evenings or weekends and are geared for those who are working full-time. The curriculum in executive programs are generally similar to MBA day programs. On average, students need to have a minimum of five years of work experience for executive programs.  

MBA programs are intended to prepare students for a wide range of careers usually with large private corporations. Employers in many different organizations seek MBA graduates to fill various roles, including, but not limited to: business analyst or strategist, business development analyst, director of a department, financial analyst, management consultant, marketing associate, manager, portfolio manager, project manager, program manager and operations analyst.1

General Requirements:

  • Bachelor's degree with GPA of 3.27 or higher
  • Full-time work experience (at least two years)
  • Minimum GMAT score of 594
  • Two letters of recommendation, preferably from supervisors
  • ​Resume

Good MBA Programs:

 

Sources:​