What Is the Curriculum of an MBA Program?
The curricula for most MBA programs are relatively uniform during the first year, when students are expected to learn basic business skills and principles. Students get to choose most of their classes during their second year in the program. Learn about the curriculum of a typical MBA program.
MBA Program Overview
Students who complete a 2-year graduate program in business administration are awarded a Master of Business Administration (MBA). The curricula for most MBA programs include mandatory business classes for the first year. Second-year curricula provide students with more leeway in the courses they take, allowing them to specialize in a particular area.
Important Facts About MBA Programs
|Concentrations||Technology management, corporate finance, global business|
|Continuing Education||Ph.D. in Business Administration|
|Median Salary (2018)||$85,660 (for financial analysts)*|
|Job Outlook (2016-2026)||11% growth (for financial analysts)*|
Source: *U.S. Bureau of Labor Statistics
First-Year MBA Curriculum
During the first year of most MBA programs, students must primarily take introductory courses covering business topics. Some classes usually featured in the first year of an MBA curriculum include finance and marketing.
The finance classes required of most first-year MBA students teach principles that determine how organizations raise and spend money. Students learn how to analyze and create budgets, manage cash flow and understand the functions of banks and stock markets.
An MBA program includes marketing courses in its first-year curriculum to ensure that students are aware of how to manage product branding. The classes teach students how to understand marketing principles as applied to overall corporate strategy and how to analyze consumer trends.
Leadership coursework helps you develop your knowledge of communication and teamwork from a manager's perspective. Classes often include discussions of ethical issues and case studies to help students better understand how group culture can affect working relationships and a team's success.
Second-Year MBA Curriculum
Classes that are taken by second-year MBA students often focus on a particular area of specialization. Corporate finance and strategic management are among such areas of emphasis.
MBA students who focus on corporate finance gain in-depth knowledge of corporate money management. A curriculum includes classes on investment strategies, money markets and international finance.
The emphasis in strategic management prepares MBA grads for careers as consultants, corporate executives or entrepreneurs. Most classes in a strategic management curriculum teach about the competitive aspects of running a business.