Oguz Kaan Kısa · May 19, 2021
The concept of MBA (Master of Business Administration), which is a master's degree in business administration, attracted the attention of many people who have received undergraduate education in different academic disciplines. The aim of this program, which was created for senior management candidates of industrial companies, was to equip students with the necessary knowledge and skills in all areas of the business world to prepare them for leadership in general business management. This program was then started to be implemented by many universities around the world and especially in the last 20-30 years, it has become a preferred qualification in the field of business throughout the world.
The aim of the MBA is to help its participants with different education and experience to develop the necessary knowledge and experience to effectively evaluate and manage the business world. Students participating in this program are trained in the fields of management, marketing, accounting, finance, business management, strategy, organizational behavior and international trade, and the students' leadership, entrepreneurship and management qualities are revealed and developed.
Full-Time MBA: There are two types, two-year and one-year. It offers students a traditional campus experience and classes are on weekdays. MBA programs with a duration of two years generally provide education between 18 and 24 months, while MBA programs with a duration of one year vary between 10 and 16 months.
E-MBA (Distance MBA): These are MBA programs created mostly for employees. Classes are generally held online, in the evening, and these programs are generally more affordable because of their lower costs.
Executive MBA: These MBA programs aim to make professionals with experience (8–10 years) already in managerial positions specialized in their field. Since the participants mostly work, classes are usually held in the evening or on the weekend. Program duration may vary. Executive MBA programs focus more on case analysis and build on students working on these projects. It is more practical and practical.
Most MBA programs accept their students on the following conditions:
- University graduation (at least 4-year university)
- Adequate level of English (Toefl 550 - 650 or IELTS 5.5 - 6.5)
- Adequate GPA
- Graduate Management Admission Test (GMAT; 500 - 650)
While excessive, some MBA programs incline toward understudies with related four year college educations. For instance, an understudy with a bachelor’s in finance might be a preferable up-and-comer over somebody with a bachelor’s in art
Your four year college education degree could likewise assist you with practicing your MBA. For example, a candidate with a bachelor’s in math would be a superb possibility for a MBA degree with a specialization in information examination.