It is known as an MBA to the acronym of English origin to refer to the "Master in Business Administration", which in Spanish means "Master in Business Administration".
The following master is an academic program, at the graduate level, dictated for all those individuals who wish to specialize in business.
The Master in Business Administration (MBA) proposes knowledge of different areas such as accounting, marketing, economics, finance, strategic management of companies, among many others.
The purpose or objective of the Master in Business Administration, as indicated by its name, is to develop in individuals the capacity or managerial ability to manage or run a company, whether it be its own, family, public or private.
The individual who performs the master must be a professional candidate, and have some experience in the labor market, for at least three years. In case, to study the master in Anglo-Saxon countries must have a good knowledge in English. In addition, the student must submit the curriculum and will be interviewed to demonstrate that they have the skills to take on this challenge.
The Master of Business Administration (MBA) was born in the universities of the United States, and today it is taught in universities, business schools and institutions of great prestige from all over the world.
MBA studies are onerous, although the price varies according to the school, duration and quality of the same, but in a renowned university can cost approximately US $ 120 thousand, but this value will be diluted, according to the Possibilities of work that the market offers since an MBA professional can earn between US $ 150 - 197 thousand per year.
MBA Ranking
According to a list published in 2015, by the British newspaper Financial Times, the following 5 first universities are the best internationally to study the Master of Business Administration:
- Harvard Business School, in the United States.
- London Business School, in the UK.
- University of Pennsylvania: Wharton, in the United States.
- Stanford Graduate School of Business, in the United States.
- Insead, in France.
In Mexico , the best business schools, and the best MBA, are: IPADE as leader of the list, followed by EGADE, Tec de Monterrey.
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