What is Master of Business Administration?
'''Master of Business Administration''' (often shortened to '''MBA''') is a [[postgraduate]] academic degree. People who study for an MBA already have a degree in another field of study and study [[management]]. Very often, a [[master's degree]] is required, but sometimes [[bachelor's degree]]-holders with work experience are also accepted. Unlike other areas of study, MBA courses are often targeted at people who work, and can be done in a part-time fashion, including distance learning.<ref>{{Cite web|last=Kagan|first=Julia|title=Master of Business Administration (MBA)|url=https://www.investopedia.com/terms/m/mba.asp|access-date=2021-05-12|website=Investopedia|language=en}}</ref> MBA programs usually take two years, full-time. The main target group for MBAs are [[engineer]]s, [[lawyer]]s, [[Medical doctor|doctors of medicine]], and other with a background form the humanities. The idea of the MBA is to give those people qualifications in management positions. The MBA is a [[terminal degree]] and a [[Professional school|professional degree]]. == History == The Master of Business Administration (MBA) is a graduate-level degree that focuses on business management and leadership. The history of the MBA can be traced back to the early 20th century, reflecting the evolving needs of the business world. The first MBA program was established in 1908 at Harvard University.<ref>{{Cite web|title=History {{!}} About|url=https://www.hbs.edu/about/history|access-date=2024-05-25|website=Harvard Business School|language=en}}</ref> The Harvard Graduate School of Business Administration introduced the degree to provide systematic training in business management, responding to the growing complexity of running large-scale enterprises during the industrial revolution. In 1950s - 1960s, After World War II economic boom increased the demand for well-trained managers. MBA programs became more standardized, with a focus on core disciplines such as finance, marketing, and organizational behavior.<ref>{{Cite web|title=The Entrepreneuri