MBA

What is a master's degree in business administration (MBA)?

The Master of Business Administration (MBA) is a postgraduate university degree focused on business administration. The MBA is designed to help graduates acquire scientific and practical skills to better perform general business management functions.

The MBA program enables students to develop leadership skills, sound business knowledge, and analytical abilities to integrate ideas from various disciplines to solve complex and unstructured business problems, thus the program prepares them to be future leaders and entrepreneurs.

Requirements for obtaining an MBA degree:

1. Having a Bachelor’s degree is a prerequisite for obtaining an MBA, there was a time when only Bachelor’s degrees in Commerce and Management were accepted for MBA programs, but now universities and colleges are accepting all types of Bachelor’s degrees.
2. Work experience; As the MBA is a professional course, candidates with 2 to 5 years of work experience qualify for the degree.
3. Another necessary condition for obtaining an MBA is having a good score in university entrance exams such as CAT, XAT, GMAT, GRE, or others.
4. A strong, up-to-date CV. If there are any gaps in your education or work experience, explain them well. There are also certain qualities that international students are expected to possess, such as leadership, teamwork, and the ability to accept diversity. Try to cover these points in your resume.
5. Letters of recommendation for managers, colleagues, clients, professors, mentors, or anyone who has seen you in leadership roles.
6. A personal letter as required by some MBA colleges as the admissions committee wants to know more about your personality, interests and career goals with the help of your letter.
7. Proof of English. All international students who do not have English as a first language are required to take these exams to prove their proficiency in the language. (TOEFL / IELTS / PTE)
8. Personal interview.

Types of MBA Programs:

A two-year full-time programme

One of the most popular types of MBA programs is the two-year commitment in which candidates attend full-time study. During the first year of the program, they learn basic business skills such as strategy or communication, and in the second-year students take electives.

Although it requires a significant amount of time, it allows candidates to pursue an internship for many years.

One-year full-time programme

Suitable for candidates who do not want to spend a lot of time away from work. This type of master's program is more intensive and faster. One-year programs are often chosen by students who are trying to accelerate their current career path rather than jump to a different career path.

Part-time programme

Students who are not looking to quit work and who want to attend school for a longer period can pursue a part-time MBA program. This type of program often has more flexibility on the number of courses that can be taken at one time.

Part-time programs may be more suitable for candidates who want to study at their own pace, as they offer the flexibility of evening or weekend classes, allowing students to balance part-time or self-employment.

Online business management program

One type of MBA program that overlaps with the above options is the online MBA. This type of program gives candidates greater flexibility regarding when they attend classes.

International Business Program

Students of this program are more diverse than traditional or local MBA students, in addition this program may be more suitable for preparing candidates to work in a multinational company.

Executive Business Administration Program

They are usually only open to candidates who already have significant professional experience and therefore tend to focus on more advanced topics such as leadership development or other skills.

Specialized Business Administration Program

Many MBA programs allow students to study a specific discipline. For example, an MBA student might major in sports management, entrepreneurship, or healthcare management.

The importance of studying an MBA:

1. Professionals with an MBA feel a greater sense of confidence in their marketability, as well as the wealth of information they can provide.
2. Increase awareness of the global market, as MBA holders can better understand what is going on in different regions of the world.
3. Improve communication skills as business professionals often have to communicate with other professionals, write research papers, give formal presentations, communicate with others and build relationships.
4. Expanding the network of professional relationships and building relationships with other specialists in this field, as well as exchanging information and knowledge.
5. Increased job opportunities and job prestige, as a holder of an MBA degree is often more desirable compared to other candidates based on their proven skills and dedication to their profession, as well as getting promotions.