|The Master of Business Administration (MBA) 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 out scientific
approaches to management. The core courses in the MBA program are designed
to introduce students to the various areas of business such as accounting,
marketing, human resources, operations management, etc. Students in some
MBA programs have the option to select an area of concentration and focus
approximately one-third of their studies in this subject.
Accreditation bodies exist specifically for MBA programs to ensure consistency
and quality of graduate business education, and business schools in many
countries offer MBA programs tailored to full-time, part-time, executive,
and distance learning students, with specialized concentrations.