What Is a MBA Degree Program?

A Master of Business Administration (MBA) program can prepare you for leadership positions in public and private organizations. Read on to find out more about MBA programs. Schools offering Business degrees can also be found in these popular choices.

Basics of an MBA Program

A Master of Business Administration (MBA) is an advanced degree program designed to provide students with the skills necessary to pursue a variety of business-related careers. Most MBA students have completed a related undergraduate degree and wish to build upon the knowledge they have gained. MBAs are popular with employers because they demonstrate a job candidate's broad, business-based knowledge level and skill set.

Important Facts About MBA Programs

Graduate Average Salary (2015)$51,770 (entry-level, less than one year experience)
Concentrations Options include health management, marketing, entrepreneurship, social sector management and others
Possible Careers Management positions in many areas including real estate, consulting, technology management and others
Continuing Education MBA holders may seek doctoral degrees in business

Source: Payscale.com

Curriculum

Most MBA programs focus on several core business disciplines, including marketing, accounting, management, human resources and finance. Students also might be required to complete coursework in business law and statistics. Many MBA concentration areas are available, including leadership, corporate strategy and international business.

MBA Program Types

Traditional MBA programs usually last two years and follow a format similar to traditional college degree programs, with classes during the week in the fall and spring semesters and a summer break. Accelerated MBA programs take less time to complete, but students take on a heavier course load, which might include summer classes.

Some schools offer part-time MBA programs designed for working professionals. Most classes occur during weekends and evenings to accommodate students' work schedules. Because the course load is lighter, candidates might need three years or more to complete a part-time MBA program.

Distance Learning Options

Many well-respected schools offer MBA programs that can be completed via distance education. Most of these programs deliver coursework and lectures entirely via the Internet. Online programs can be found in traditional, accelerated and part-time formats.

To continue researching, browse degree options below for course curriculum, prerequisites and financial aid information. Or, learn more about the subject by reading the related articles below:

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