The Master of Business Administration, MBA is a postgraduate program (often, it is also required to have specific professional experience). The first MBA studies began to be organized in the USA in the early 1950s (although the first attempts to educate specialists in management specifically for the needs of enterprises have already appeared with the establishment of the first American business school in 1881, which was the Wharton School of the University of Pennsylvania: Which MBA school is right for me?
Why is it so important to choose the right MBA programs
By approaching the selection of schools in a thoughtful and systematic way, you will save time, money and effort in the long run (even if you initially spend more of all three). You will save valuable energy for meticulous application work. You’ll also be able to devote time to planning school visits and recommendations, two things that are often neglected during the application season.
The full-time MBA is targeted at candidates with 2-7 years of professional experience and usually requires students to leave work and devote themselves entirely to science. In the United States, full-time MBA programs usually last two years, although more and more American business schools are offering accelerated, annual MBA programs.
Two-year, full-time MBA programs usually facilitate networking at the beginning of the first year by assigning students to cohorts that take the core classes together. Other schools call this a cluster system, and others assign students to study groups with four to six other people.
Some full-time MBA programs require students to complete a summer internship between two years of study; sometimes this internship will turn into a job for students upon their completion.
The second year of the full-time MBA program is often devoted to optional courses or concentration options.
MBA evening studies
The part-time MBA program is designed for students who cannot or do not want to leave their jobs. Students who pursue part-time MBA studies may also work during their studies, which means that this option is more flexible than the traditional full-time two-year MBA program. Some part-time MBA programs are flexible and can last from two years to seven years (or more), depending on how much time students spend studying. Many schools allow students to take classes on weekends or weekends, depending on their schedules.
Choosing an MBA school should consist of several factors. Pay attention to the area you are interested in, finance, prestige of the university and opinions of graduates. This will definitely help you both in choosing a university and choosing a program that will meet your expectations and possibilities.