Estimated reading time: 4 minutes
What is the MBA full form?
The word MBA is an acronym, and t7he MBA full form is Master of Business Administration. The term MBA refers to a graduate degree in business administration. It is a postgraduate business administration degree.
This is a popular postgraduate program for those interested in pursuing a career in business administration. The popularity of this course is also due to globalization. MBA professionals are in high demand in multinational corporations these days. To enroll in an MBA program, you must have a bachelor’s degree.
In MBA generally, a major part of the course is a theory based on the management and business principle that will be applicable in the business and the real world.
Origin of MBA
The MBA program began in the late 1800s in the United States. The Tuck School of Business at Dartmouth College in the United States was the first business school, established in 1900.
Types of MBA degree
There are basically two types of MBA degrees offered by the universities these are:
MBA Dual Degree – This curriculum combines another course with MBA to save students money and time.
Mini MBA – This is a 100-hour training program that is offered as non-credit courses. It is supplied in order to concentrate on business essentials.
Streams for MBA Specialization
The following are the most demanding MBA specialization streams:
- Marketing
- Accounting
- Finance
- Information Technology
- Human Resources
- Supply Chain Management
- Operations management
- International Business
- Rural Management
- Agri-Business management
- Health care management
Types of Courses in MBA
Universities all over the world offer varieties of MBA courses. The list of a few of them are given below:
- MBA (Full time)
- MBA (Part time)
- Accelerated MBA
- PGDM (Post Graduate Diploma in Business Management)
- Modular MBA
- Executive MBA
- Distance MBA
Top MBA Colleges in India
There are many colleges and universities in India which offers the MBA degree, but the list of top MBA colleges of India is given below:
- Indian Institute of Management, Ahmedabad
- Indian Institute of Management, Bangalore
- Indian Institute of Management, Calcutta
- Indian Institute of Management, Lucknow
- Indian Institute of Management, Indore
- Indian Institute of Management, Kozhikode
- SP Jain Institute of Management and Research, Mumbai
- Faculty of Management Studies, Delhi
- XLRI: Xavier School of Management, Jamshedpur
- IMT: Institute of Management Technology, Ghaziabad
FAQ’s on MBA
Ans.) MBA graduates get jobs in the field of top executives, market research analysts, HR managers, management analysts, business operations managers, etc.
Ans.) Initially, the MBA teaches you the basics of general management and after the first year, it teaches you the specialized subjects which you opted for.
Ans.) Here is the list of the most popular and demanding MBA specializations in India.
• Finance
• Marketing
• Operations
• Information Technology
• Human Resources
Ans.) It’s depending upon the person and nature of the job whether it is stressful or not. If we talk about the MBA, it’s mostly a management job which is more often a stressful job, because managing people is always very stressful.
Also Read: LPC Full Form | Full Form of LPC