What Does MBA Stand for

what is MBA:

Is known as MBA stands for English to refer to the “Master in Business Administration”, which in Spanish means “Master of business administration”. The following master is an academic, postgraduate, dictation program for all individuals who wish to specialize in business.

Master in business administration (MBA) offers expertise in different areas such as: accounting, marketing, economics, finance, management strategic companies, among many others. The purpose or objective of the Master in business administration, as indicated in its name, is to develop in individuals directive ability or capacity to manage or run a business, either own, family, public or private.

The individual who performs the master must be a professional candidate, and have some experience in the labour market, at least three years. In the case, take the master’s course in countries Anglo-Saxon should possess a good knowledge of English. Also, the student must deliver the curriculum and will be interviewed to show that it has capabilities to take on this challenge.

Master in Business Administration (MBA) was born in United States universities, and today it is taught at universities, business schools and institutions of great prestige around the world.

MBA studies are expensive, but the price varies according to the school, duration and quality of the same, but in a renowned University can have a cost of $120 billion, approximately this value will be diluted, according to the possibilities of work offering the market since a professional MBA program can earn between $150-197 thousand per year.

MBA ranking

According to a list released in the year 2015, by the British newspaper the Financial Times, the following 5 top universities are the best internationally to pursue the Master of administration of empresa:

Harvard Business School, in States Unidos.London Business School, in the United Unido.University of Pennsylvania: Wharton, in States Unidos.Stanford Graduate School of Business, in Unidos.Insead States, in France.

In Mexico, top business schools, and the best MBA, are: IPADE as leader of the list, followed by the EGADE, Tec de Monterrey.

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