MBA Degree Meaning is the common abbreviation for a Master of Business Administration degree. Short for Master of Business Administration, MBA courses in South Africa and abroad offer one of the most versatile, enriching qualifications within the business world. This qualification is internationally recognised.
How Long It Takes to Get an MBA
A full-time MBA program typically lasts two years, though there are many accelerated full-time MBA programs that last a single year. This fast-paced type of MBA is common, especially at non-U.S. business schools.
Part-time and executive MBA programs vary in length, depending on how many credits a student enrolls in each academic semester or quarter. Both executive and part-time MBA programs are designed for working professionals who are attending school while maintaining a full-time job.
MBA Requirements
MBA applications typically include standardized test scores, resumes, academic transcripts, essays and recommendation letters.
Many B-schools will accept either GMAT or GRE test scores. However, there are a few test-optional MBA programs where applicants do not need to submit business school entrance exam scores. Additionally, some B-schools that ordinarily require test scores will waive that requirement for applicants who qualify based on impressive work experience or a solid college GPA.
B-schools occasionally invite applicants to interviews and sometimes require applicants to submit video essays. And most programs prefer MBA applicants who have significant work experience, though some programs are designed for college students or recent college graduates.
MBA admissions officers generally like to see evidence of career progression in an MBA application, meaning that the applicant gradually took on more professional responsibility. It’s also helpful if applicants have success stories about how they were able to contribute to their current company, past employers, college campus or local community, experts say.