Master of Business Administration

Master of Business Administration (MBA) is a postgraduate degree, which originates from the beginning of the twentieth century. This type of Master’s degree refers to all areas of business and management, such as human resources, marketing, finance, accounting, project management. MBA is suitable for people, who already have some relevant work experience in the business area. For that reason the average age of the MBA students is higher than the one for other Master programmes. 

A regular full-time MBA programme usually lasts two years. Though, there are many variations and possibilities to study MBA while working and the duration depends on them as well as on the institution’s requirements. Such are modular MBA, blended learning, executive MBA (EMBA), part-time MBA, distance learning.

There are specific admission requirements for MBA, which are different from one university to another. Examples for such are:

• Graduate Management Admission Test (GMAT)

• Graduate Record Examination (GRE)

• Undergraduate Grades

• Significant work experience

• References

• Essays