While the MBA is a generalist degree, you can specialize in areas you’re interested in. This means durations for online MBA programs can vary, although most take around two years to complete. Many online MBAs also allow you to pay per module and plan your own study time. Online MBA programs typically require a residential component (1-2 weeks), although there are an increasing number of 100 percent-online MBA programs. The Online MBA is a super-flexible, part-time MBA experience, allowing you to continue working while studying from the comfort of your home. EMBA programs bring senior leaders together to upskill, network, and knowledge share, with participants bringing their professional projects into the classroom. The Executive MBA is a part-time MBA program targeted at experienced, executive-level professionals with over 10 years of work experience. Part-time MBA classes typically take place in evenings, weekends, or in flexible modular formats, combining online learning with in-person sessions. The part-time MBA allows you to combine work and study, meaning you don’t miss out on your salary and the opportunity cost of pursuing a full-time program. INSEAD’s MBA takes just 10 months to complete, while London Business School offers flexible exit points after 15, 18, or 21 months of study. The one-year MBA is especially popular in Europe and Asia, offering an accelerated experience and less time out of the workplace, although full-time MBAs come in a variety of formats. In India, the Postgraduate Diploma in Management is also offered as an MBA alternative. The two-year, full-time MBA program is most popular in the United States and offered by the group of elite M7 business schools. The full-time MBA is the original, immersive, on-campus experience, designed for early and mid-career students who may be looking to completely change their career path. Students, duration, and formats of different MBA program types Business schools offer various types of MBA programs suited to different profiles of students. While the traditional full-time MBA degree is a popular option, the MBA today comes in all shapes and sizes. “An MBA is not just designed to equip students for their next job post-graduation it’s a life changing experience that enables students to make career changes five, 10, and 15 years post-MBA, thanks to the skills they learn and the network that lasts long after graduation,” says Virginie Fougea, global director of admissions and financial aid at INSEAD. Whatever your background, if you want to learn management skills and advance your career, the MBA is for you whether you want to start your own business, progress within your current company, switch function, industry, location, or all three at the same time. Students come from technology, manufacturing, healthcare, nonprofits, the media, and the military, as well as finance and consulting.Īt INSEAD, more than 80 nationalities are typically represented in the MBA class and students come from academic backgrounds ranging from business and engineering to the arts and political sciences.Īccording to the Graduate Management Admission Council™ (GMAC™), the top career motivations for prospective business school students include: the opportunity to enrich their lives, develop their potential, increase their income, gain business knowledge, and enhance their network – and these benefits are just some of the many reasons to get an MBA. The Harvard MBA class of 2025 is comprised of 39% international students and 45% women. During an MBA, you’ll build your business knowledge, grow your professional network, and boost your career and salary prospects. Having “MBA” on your resume will help you stand out to employers, but the true meaning of the MBA goes beyond three letters on a sheet. MBA stands for Master of Business Administration.įirst introduced by Harvard University Graduate School of Administration in 1908 (now Harvard Business School), the MBA is the original graduate degree offered by business schools globally. So what can you do with an MBA degree? What types of MBA programs are available? And is an MBA worth it? What does MBA stand for? MBA definition George W Bush, Michael Bloomberg, Tim Cook, Satya Nadella, Sundar Pichai, Sheryl Sandberg-they all have MBAs. Thousands of ambitious professionals apply to different types of MBA program each year.Īs a generalist degree, the MBA gives you fundamental management knowledge, meaning you’ll get a holistic view of business across areas like marketing, finance, and accounting, all while developing those vital soft skills and leadership skills.įamous MBA alumni include CEOs of multinational companies, successful entrepreneurs, and former Presidents. The MBA is the world’s most popular graduate management degree. Employers love it and students can’t get enough of it.
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