In general, the first year of an MBA is oriented to train in the knowledge of the business context and the operational functions of the company. The second year, is more specialized and seeks training in economic and administrative issues.
There are variations in the format of these programs in terms of their duration, content and teaching method. While the duration can vary from 1 to 3 years, the official master's degree lasts for two years, while there are different offers of degrees from private academic institutions in addition to universities
What is an MBA? [Edit]
A Master MBA seeks, in particular, the student to be able to perform with ease and success in a very competitive and changing environment. Who knows how to manage a company (totally or partially) knowing how to adapt its strategies to the conditions of the market and the competition.
Therefore, an MBA seeks to strengthen managerial knowledge and skills, to know and master management techniques and internal functionality of a company.
For its part, efforts are made to know in depth the business environment, both at the level of competition and new trends.
A curriculum usually includes, in order to guarantee a solid professional career for the student, subjects in the following branches:
Company Strategy
Marketing
Human Resources
Human Capital Management
Finance and accounting
Etc.
A MBA student must face all these issues by attending classes or taking the distance course, but in any case carrying out individual and group work and practices, discovering and analyzing cases of success and business failure and, therefore, , Dealing directly with the economic and business reality.
Master MBA: modalities and times [edit]
There is a modality for people with greater business experience called executive MBA and generally studying part-time, with a duration of 2 years and that combines with the work load.2 There are also training models of junior MBA where the main characteristic is youth And inexperience of their students.
Part time: The master is done a few days a week; The rest of the day is worked.
Full time: Exclusive dedication not compatible with working hours.
Weekends: Usually on Friday afternoons and Saturdays all day. It is usually compatible with the working day.
The new trend of free mass online courses MOOC has gone from being a risk to becoming a great opportunity for universities like Harvard or Wharton who get about 26% of their income from business schools and are using MOOC to attract Thousands of students to their online administration classes many of those who choose to continue their formal studies with such universities.
Many MBA programs allow students to specialize or focus on one area (finance, marketing, logistics, sustainable business, human resources, health management, entrepreneurship, etc.).
The Tuck School of Business was the first school to offer an MBA in 1900. [citation needed]
Despite the proliferation of badly called MBA in various online universities and with dubious recognition, the only way to recognize a true MBA program Approved and recognized is through its 3 Official Approval Entities: [citation needed]
1. EQUIS (Official School Business Accreditation Entity for Europe).
2. AACSB (Official Certification Authority of Business Schools for America).
3. AMBA (International and specialized association of MBAs).
In business management, the Triple Crown is spoken of when a business school is accredited by the three most influential international accreditation associations:
Association to Advance Collegiate Schools of Business (AACSB) - in Florida
MBA Association (AMBA) - in London
European Quality Improvement System (EQUIS) - in Brussels
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