The Master of Business Administration (MBA) suggests knowledge of different areas such as accounting, marketing, economics, finance, strategic business management, among many others. The purpose or objective of the Master in Business Administration, as its name suggests, is to develop the capacity or ability of directors to manage or run a business, either own, familiar, public or private individuals.
The individual performing the master must be a professional candidate, and have some experience in the labor market, at least three years. In the case of studying the master in Anglo-Saxon countries must have a good knowledge of English. In addition, the student must submit the curriculum and will be interviewed to prove you have skills to take on this challenge.
The Master in Business Administration (MBA) was born in American universities, and today is taught in universities, business schools and prestigious institutions worldwide.
MBA studies are expensive, although the price varies according to the school, duration and quality of the same, but in a renowned university can cost US $ 120,000, approximately but this value will be diluted, according to the job opportunities that the market offers as a professional MBA can expect to earn between US $ 150 to 197,000 per year.
MBA Ranking
According to one disclosed in 2015, by the British newspaper Financial Times, lists the following top 5 universities are the best at international level to pursue the Master of Business Administration:
Harvard Business School in the United States.
London Business School in the UK.
University of Pennsylvania: Wharton, United States.
Stanford Graduate School of Business, in the United States.
Insead in France.