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MBA
stands for Master of Business Administration. It is an
internationally recognized business degree, on equal standing with
other postgraduate degrees like MSc. It is academic in nature, yet
it is a practical preparation for individuals in business and
management. It often insists that students have a number of years
of working experience before they take an MBA program, often as
managers or senior managers.
MBA originated from America. The word renowned MBA is taught at
the Harvard Business School a far back as 100+ years ago! It is a 2 year full time program that
trains students in business problems analysis and decision making.
The types of MBA offered by private institutions and universities
vary wide nowadays to suit the busy schedule of executives. Over
the years, MBA have grow into a matured industry with
specializations like MBA in Information Technology, Finance, Human
Resources, even Electronic Commerce! Despite their
differentiation, the underlying principles of management do not
vary too much. The specialization means the the course spend
considerably more time focusing on issues & cases in the area
of choice.
The delivery of the course itself has changed over the years. It
used to be a 2 full year program, now known as the
"classic" or full time MBA. These days, executive MBA is
more common, in Malaysia at least. This is targeted to suit busy
executives who do not want to miss out in their career
progression. The executive MBA is also known as the part time MBA,
where students study and work at the same time. Lecturers and
classes are usually held after office hours and weekends. And then
there is the distance learning program where the classes are less
frequent. And students are given the necessary materials to engage
in self study, it is like a correspondence school. In more recent
development, a form of distance learning via the Internet has
gained popularity, known as the virtual MBA. Students can interact
with tutors/lecturers via the Internet through chat or forums.
Got a question
? Check out the MBA FAQ! or
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