What is the Full Form of MBA in course?

Full form of MBA in the 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, and TISNNET are some of the MBA entrance exams in India.  

The minimum requirement for an MBA program is that you should have graduated from a recognized university. Some of the MBA programs 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 founded at Dartmouth College in 1990 which offered the first advanced degree in Business, a Master of Science in Commerce, the 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 that can be pursued even without any work experience.  
2. Executive MBA - EMBA is a 1-year course in which 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 perspective for a higher salary

What are the contents of a MBA program?

MBA programs revolve 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 in 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. 

Students 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 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 the syllabus and assessment methods.
• Business Seminars – Students can meet representatives from various universities and MBA employers.