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A Master of Business Administration (MBA also Master in Business Administration) is a professional postgraduate degree focused on business administration. [1] The core courses in an MBA program cover various areas of business administration; elective courses may allow further study in a particular area but an MBA is normally intended to be a general program.
The following outline is provided as an overview of and topical guide to business management: Business management – management of a business – includes all aspects of overseeing and supervising business operations. Management is the act of allocating resources to accomplish desired goals and objectives efficiently and effectively; it ...
A Master of Business (MBus) or Master of Business Studies (MBS) is an academic degree refers to a qualification in the degree of master that can be obtained by students of recognized universities and colleges who complete the relevant approved postgraduate programmes of study, pass the prescribed examinations, and fulfil all other prescribed conditions.
The MBA degree originated in the United States in the early-20th century, [12] when the nation industrialized and companies sought scientific approaches to management. The core courses in an MBA program cover various areas of business such as accounting, finance, marketing, human resources, and operations in a manner most relevant to management ...
The Financial Times Global MBA Ranking 2017 [24] survey ranks MBS MBA 3rd in the UK, 10th in Europe and 30th in the world. In 2011, the school was ranked among the top 30 business schools in the world for its MBA program, and 1st in the world for its doctoral program (both PhD and D.B.A). [25]
On the other hand, the Master of Business Administration (MBA) requires a minimum of two to three years of professional experience and is open for graduates from any field. A related distinction: the M.Sc. in Management is more specialized than an MBA, and is more suited for academic research, while the MBA is more industry- and management-focused.
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