What is the Full Form of MBA in course?

What Does MBA Stand For? Full Explanation of MBA Meaning

Full form of MBA in course - Full Form, Meaning, and Definition 

The full form of MBA in course is Master of Business Administration.

MBA is a popular postgraduate degree in the field of Business Administration. MBA is a two-year professional degree that equips students with the necessary skills and personality traits needed in a corporate setup. CAT, GMAT, NMAT, JBIMS, TISNNET are some of the MBA entrance exams in India.  

The minimum requirement for an MBA programme is that you should have graduated from a recognized university. Some of the MBA programmes might also require you to have some work experience. 

What is the history Behind MBA?

A MBA degree is a type of post-graduate degree that focuses on Business Management and Investment Management. 

The first school that offered this program was in 1881, The Wharton School of the University of Pennsylvania with a donation from Joseph Wharton. 

The Tuck School of Business was found at Dartmouth College in 1990 which offered the first advanced degree in Business, a Master of Science in Commerce, predecessor to the modern day MBAs. 

What are the types of MBA?

There are primarily 2 types of MBA:

  1. Full-Time MBA - It’s a 2 years full-time course which can be pursued even without any work experience.  
  2. Executive MBA - EMBA is a 1-year course in which the work experience of at least 2 years is mandatory. In some EMBAs you have the option to pursue the course along with your job. 

You can pursue MBA for one of the following reasons:

  • Make the transition to a managerial career path
  •  Acquire new skills and core competencies
  • Accelerate your career
  • Gain prospective for a higher salary

What are the contents of a MBA program?

MBA programs revolves around core courses (a standard curriculum) and elective courses (specialization or concentration in a certain subject) meaning in the first year of a MBA student they will acquire management and analytical skills while in their second year they will pursue elective courses. 

After the first year, several full-time students look for internships. The degree culminates with work in business strategy, the program capstone. A thesis or major project is sometimes a degree demand when the completion of work several MBA programs finish with a comprehensive exit examination. 

Courses embody lectures, case studies, and team projects; the combo although, can dissent by colleges. 

What are the Core areas of MBA?

  • Accounting
  • Applied Statistics
  • Human Resources
  • Business Communication
  • Business Ethics
  • Business Law
  • Business Strategy
  • Finance
  • Managerial Economics
  • Management Entrepreneurship
  • Marketing
  • Supply-chain Management
  • Operations Management

What are the requirements to pursue MBA?

For a general MBA degree a student must have a graduation degree from any recognized university and some colleges may also ask for professional experiences. 

Student may also be required to take an entrance exam, mainly a national level exam for business management.

What are the popular Career options after MBA?

Based on your preference and specialization for various roles in a variety of industries. Following are the most sought out roles after MBA currently: 

  • Consultancy
  • Business Analyst
  • Project Manager
  • Operation Manager
  • Financial Advisor
  • Investment Banking

Where can one get advice for pursuing a MBA?

  • Alumni and Current Students – They can provide their experience with their colleges.
  • Tutors – Students can find out syllabus and assessment methods.
  • Business Seminars – Students can meet representatives from various universities and MBA employers.