Masters of Business Administration
Masters of Business Administration - MBA Degree - Facts
The MBA degree is usually regarded as a professional degree as well as an academic or traditional Masters' degree. MBA degrees are usually offered by management or business schools. The MBA degree is relevant and valuable to those working in the business field - as it is traditionally regarded - and also to those acting in the public sector and governments.
MBA degrees originally occurred in the USA, due to the fast industrialization process that required companies to use scientific approaches to management. The first two business schools - Wharton and University of Chicago - emerged as early as 1890s, but the first MBa degree has been offered by Darthmouth College in 1900. The first business school in Europe was founded at the University of St.Gallen in 1898. Following the US MBA model, Europeans created centers of excellence in business at the universities of Manchester and London.
The MBA degree is usually regarded as a professional degree as well as an academic or traditional Masters' degree. MBA degrees are usually offered by management or business schools. The MBA degree is relevant and valuable to those working in the business field - as it is traditionally regarded - and also to those acting in the public sector and governments.
MBA degrees originally occurred in the USA, due to the fast industrialization process that required companies to use scientific approaches to management. The first two business schools - Wharton and University of Chicago - emerged as early as 1890s, but the first MBa degree has been offered by Darthmouth College in 1900. The first business school in Europe was founded at the University of St.Gallen in 1898. Following the US MBA model, Europeans created centers of excellence in business at the universities of Manchester and London.