What is an MBA? MBA stands for Masters of Business Administration. The first MBA program was established in 1908 with 15 faculty members, 33 regular students, and 47 special students. These courses aim to provide students with skills they need for senior management business roles. Students will be exposed to all parts of business which includes accounting, finance, marketing, and human resources.
Other Masters or Online MBA programmes provide further specialization in a specific field. MBA is interdisciplinary which covers psychology, sociology, economics, accounting and finance industries. There are plenty of universities which rank high in terms of global MBA rankings (GMAT Scores). The Average GMAT Scores For MBA Programs at the Top 10 Business Schools ranking is 725 (Harvard Business School).
By the numbers, MBA graduates earn over £80,000 (data from Association of MBAs). Similarly, a degree in MBA can open up new avenues and provide you with new skills in the workplace.
This course is perfect for those seeking to switch careers from finance to consulting roles.
Applying for an MBA is when you decide to take a huge step in your career. The choices for business schools can be overwhelming. This is why you need to learn how to make one of the greatest decisions in your life.
Ask yourself these questions before choosing an MBA programme:
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