What is an MBA degree? | News & Alerts | GoToUniversity

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What is an MBA degree?

posted on: October 31, 2022

The Masters of Business Administration popularly known as an MBA degree is a very popular degree around the world. It was started in American institutions somewhere around the 1970s and 80s and since then it has become one of the most relevant degrees. People irrespective of their previous disciplines and programmes want to pursue an MBA degree because of its high volume and demand. But what is an MBA degree actually? An MBA program teaches you to develop a peck your understanding of how to run a successful business and create great customer experiences. But is it limited to just that? Well an MBA degree is quite versatile and dynamic than you think. Harvard business school was the first ever educational institute to offer an MBA degree. Upon the success of this program by Harvard, a lot of other universities and colleges started offering an MBA degree. But the concept of a degree in business was conceived a century before this. Ecole Spéciale de Commerce et d'Industrie, which was the first business school, started offering a degree in Finance. Initially an MBA degree was just limited to business, finance or consulting students which is the opposite of what it is today. An MBA degree helps you in giving an upper hand in your skill set as well as your CV. It is unlike all other programs which limit you in textbooks and classrooms. MBA degrees are generally well known for giving the much-needed exposure in working experience that students don't generally get during their graduation or post-graduation.

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