What Are the Core MBA Classes?
Master of Business Administration (MBA) programs focus on teaching students the fundamentals of leadership and management in the workplace. Graduates of MBA programs can find professional roles as investors, consumers, competitors and innovators, according to Yale University. Students earning a MBA must complete several core classes to to prepare them to succeed in the global economy.
Core Classes in an MBA Program
Students and working professionals alike might choose to enroll in a Master of Business Administration (MBA) program in order to advance their skills and prepare for upper-level positions in the workplace. Several schools offer these programs, which primarily focus on business and leadership but can also offer classes in finance, accounting, marketing, global investment and more.
The amount of credits a student needs to complete to earn a MBA varies between schools, but most programs require students to complete between 50-70 credit hours. Most MBA programs require students to complete core classes in the first year of the program and then take elective courses the second year.
Important Facts About MBA Degrees
|Prerequisites||Undergraduate degree; business-related coursework|
|Online Availability||Yes, programs and coursework available|
|Concentrations||Entrepreneurship, corporate finance, consumer marketing|
|Possible Careers||Sales director, financial analyst, operations director|
|Median Salary (2020)||$83,660 (for financial analysts)*|
|Job Outlook (2019-2029)||5% growth (for financial analysts)*|
Source:*U.S. Bureau of Labor Statistics
Most universities that offer a MBA program require students to complete several core classes to gain a comprehensive understanding of business concepts. However, according to the University of Pennsylvania, some universities allow students to waive certain core classes based on previous coursework or qualifications. For instance, a student who is a Certified Public Accountant can waive core classes teaching concepts he or she would already understand as a CPA. According to the University of Denver, MBA students must complete core classes such as:
- Ethical Leadership:
- Technical Expertise
- Interpersonal Effectiveness
- Critical and Innovative Thinking
- Global/Intercultural Competence
Leadership Skill Development
Students in a MBA program learn course material through projects, role-playing situations, case studies and simulations. According to the University of California-Berkeley, the core classes in a MBA program teach students skills like:
- Leadership communication
- Marketing management
- Strategic leadership
- Problem solving
Worldwide Learning Opportunities in MBA Programs
Students earning their MBAs learn the effects of organizations on the global economy, governments and societies. According to Harvard University, some universities offer international exchange opportunities, service learning trips and global internships to provide students with a first-hand look at the effects of businesses on the global economy.