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What is the full form of MBA?

Full form of MBA: Here, we are going to learn about the MBA, full form of MBA, overview, history, MBA streams, MBA courses, etc.
Submitted by Anushree Goswami, on December 11, 2019

MBA: Master of Business Administration

MBA is an abbreviation of a Master of Business Administration. It is a master's degree for post-graduation in business administration. This business master's degree program is a very demanding post-graduation program for the students who wish to make their profession or career in business management. Globalization is another reason behind the reputation of this course. In multi-national corporations, these days there is a huge demand for MBA professionals. A student must have a graduation degree of bachelor's to take admission in an MBA course.

MBA full form

Image source: https://www.businessstudynotes.com/tips-tricks/master-business-administration-mba/

History

In the late 19th century, the MBA degree program emerged in the USA. In 1881, the first school of business in the United States was established, the Wharton School of the University of Pennsylvania through a contribution from Joseph Wharton. In 1900, the first advanced degree business school was established in the USA, whose name is the Tuck School of Business at Dartmouth College.

Specialized streams in MBA

  • Marketing
  • Accounting
  • Finance
  • Information Technology
  • Human Resources
  • Supply Chain Management
  • Operations management
  • International Business
  • Rural Management
  • Agri-Business management
  • Health care management

The MBA students usually learn the theory and applications of business and management principles that prepare students for a particular situation or task with knowledge that can be applied to real-world situations and business industries.

Different types of MBA courses

There are several different types of MBA programs provided by universities in many countries.

Following are some of these programs mentioned below,

  • MBA (Full time)
  • MBA (Part time)
  • Accelerated MBA
  • PGDM (Post Graduate Diploma in Business Management)
  • Modular MBA
  • Executive MBA
  • Distance MBA

MBA dual degree programs: This program integrates an MBA with other bachelors under graduation degree courses to decrease the costs and time of the students.

Mini MBA: This program is a 100-hour training program provided as non-credit comportment courses. It is offered by paying attention to the basics of business.

Top MBA Colleges in India

  • 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
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