|
|
|
|
Masters of Business Administration - MBA Degree - Facts
|
|
Author: Ispas Marin
Topic: Education
Viewed: 63 time(s)
[ Not Rated Yet ]
|
Masters of Business Administration represents a tertiary degree
in business management. The MBA degree is the best known degree
worldwide and most widely recognized post-graduate degree. It
was originally created to help engineers acquire management
skills, but nowadays MBA degrees focus on a broad range of
subjects.
The MBA degree is usually regarded as a professional degree as
well as an academic or traditional Masters' degree. MBA degrees
are usually offered by management or business schools. The MBA
degree is relevant and valuable to those working in the business
field - as it is traditionally regarded - and also to those
acting in the public sector and governments.
History
MBA degrees originally occurred in the USA, due to the fast
industrialization process that required companies to use
scientific approaches to management. The first two business
schools - Wharton and University of Chicago - emerged as early
as 1890s, but the first MBa degree has been offered by
Darthmouth College in 1900. The first business school in Europe
was founded at the University of St.Gallen in 1898. Following
the US MBA model, Europeans created centers of excellence in
business at the universities of Manchester and London. Mere
management programs have been started at the Cass Business
School in London, IMD, INSEAD and Henley Management College
aiming at providing management training for fast-streaming
employees. However, these training programs did not fulfill the
conditions to be considered a formal MBA degree and they did not
carry the title 'MBA degree'. The main UK schools used the MSc
or MA title for programs offering the specific training of a MBA
degree. But the title began to be used worldwide in the 1980s.
The 'Executive MBA' - EMBA (Executive Master of Business
Administration) was created for the first time at the University
of Chicago in 1943, focusing on quality training for senior
executives. The main admission criteria for these type of
programs consists in significant business experience. They are
usually used as 'finishing schools' for promising upstreaming
executives, or as 'catch-up' educational courses for technical
executives lacking a sufficient amount of business expertise.
These EMBAS are highly selective and they are training the top
tier business talents of the companies worldwide.
About the author:
If you are looking for exciting educational opportunities from
top institutions in an incredible variety of programs and
degrees like MBA degree, nursing degree or distance learning
degree visit us at http://www.FastCreditDeb
tHelp.com
|
|
|
