The MBA (Master of Business Administration) is a postgraduate degree awarded to students who have mastered the study of business and are looking to further their career options and perhaps earn a higher salary. Students of MBA programs study the theory and application of business principles. This type of study equips students with knowledge that can be applied to a variety of real-world business industries.
Types of MBA Degrees
MBA degrees are often split into different categories: Full- and part-time programs.
- Part-time MBA programs are sometimes known as evening or weekend MBA programs because classes are typically held on weekday evenings or weekends.
- There are also different types of MBA degrees: The traditional two-year MBA program, which takes just one year to complete, and an executive MBA program.
MBA Rankings
Every year MBA schools receive rankings from various organizations and publications.
MBA Degree Cost
The annual cost of a full-time traditional program was $50,000 in 2019, with some schools reporting $70,000, according to U.S. News’ Best Business School Rankings.
- Those numbers, however, did not include financial aid.
Reasons to Get an MBA
Increase your salary potential and advance your career
- Eligible for jobs that would not be offered to those who hold only a college degree or high school diploma
- MBA is almost a necessity in today’s business world
- Make sure program fits your career goals and schedule
Best Content?
Much like a law school or medical school education, the academic content of a business school education does not vary much between programs.
