Master of Business Administration

Master of Business Administration

With over 100,000 students enrolled in business schools around the globe, there’s no doubt that the demand for MBAs has never been higher. An MBA is one of the most sought-after degrees in the world today. Learn more about what makes them so valuable!

A Master of Business Administration (MBA) degree is one of the most sought-after degrees in business today. But what does it take to earn one? Find out here!



Also Read: Human Resource Management (HRM) FAQs Part I

Source: Richard Walls – Career Dev & Finance

Table of Contents

What Is an MBA?

A master of business administration (MBA) is a graduate degree that provides theoretical and practical training in business and investment management. An MBA helps graduates gain a better understanding of general business management functions.

  1. MBA degrees can be general or specialized in fields such as accounting, finance, marketing, and relationship management.
  2. MBAs are graduate business degrees that focus on management, business, and entrepreneurship.
  3. Besides finance and risk management, MBA students can also focus on other aspects of the business.
  4. Nowadays, many schools offer specialty programs in sports management, entertainment business, or healthcare management.
  5. For professionals who cannot commit to a full-time schedule, executive MBA programs are available.
  6. Depending on the program, MBAs can be full-time, part-time, online, or international. Admission requirements vary from program to program.

In general, a master of business administration (MBA) places the graduate well above those with only undergraduate degrees. There are MBA programs offered by most major universities and colleges, which usually last two years. To get into an MBA program, an applicant needs to take the GMAT/ CAT/ MAT exam to be accepted by the program based on its selection criteria.

Note: It is not uncommon for applicants to gain professional experience before applying to MBA programs. In some programs, candidates must submit a resume and demonstrate real-world experience before joining, while in others, fresh graduates are welcome.

Source: Harvard Business School

How does an MBA work?

MBA programs typically include core classes in accounting, management, finance, marketing, and business law. Management training is at the heart of any MBA curriculum, with a focus on leadership, planning, business strategy, organizational behavior, and the more human sides of running a large or small business.

Increasingly, MBA programs are broadening their focus to include training in international business and focusing on the responsibilities and corporate accountability of businesses within their communities.

The MBA degree is seen as essential to enter certain fields, including strategic planning, hedge funds, and private equity firms. Other financial services fields, however, may no longer consider an MBA an entry-level degree to get started.

How does an MBA work?

With over 100,000 students enrolled in business schools around the globe, there’s no doubt that the demand for MBAs has never been higher. An MBA is one of the most sought-after degrees in the world today. Learn more about what makes them so valuable!

The MBA degree is an advanced degree that provides graduates with the skills and knowledge needed to succeed in the workplace. It is designed to prepare individuals for leadership roles within organizations and corporations.

The Value of an MBA

In addition to providing a strong foundation in management theory, an MBA also offers practical training in areas such as finance, accounting, human resource development, operations management, marketing, strategy, and organizational behavior. These courses provide students with the tools necessary to understand how businesses operate and manage themselves.

Why You Should Pursue an MBA

There are several reasons why pursuing an MBA is a smart move.

  1. First, an MBA will help you develop skills that will make you more marketable when you enter the workforce.
  2. Second, an MBA will allow you to learn new things and expand your knowledge base.
  3. Third, an MBA will allow you to network with other professionals who share similar interests.
  4. Finally, an MBA will prepare you for leadership roles within organizations.

Top Reasons to Enroll in an MBA Program

Here are some of the top reasons why people choose to enroll in an MBA program:

  1. To gain a competitive edge in the job market.
  2. To advance your career.
  3. To earn a degree that will open doors to better opportunities.
  4. To improve your leadership skills.
  5. To build your professional network.
  6. To become a thought leader in your field.
  7. To learn how to manage teams effectively.
  8. To understand how to work across cultures.
  9. To gain exposure to different industries.
  10. To learn how to think critically.

MBA Career Paths

There are several ways to pursue an MBA. You can complete an online MBA at any point in your life, whether you’re currently employed or not. Or, you can attend an onsite MBA program. If you decide to go through an onsite program, you’ll need to find a school that meets your needs.

MBA Salary & Job Outlook

According to the Bureau of Labor Statistics (BLS), the median annual salary for an MBA graduate was $110,000 in 2017. This number is expected to rise by 5% per year until 2024. In addition, the BLS reports that the job outlook for MBAs is very positive. They expect employment growth to outpace the national average.

Source: The University of Sydney Business School

Types of MBA Programs?

Business school programs vary widely in terms of their focus, curriculum, and cost. Find out more about these different types of MBA programs!

Types of MBA Programs?

The most popular type of business school program is an executive MBA (EMBA). These programs typically last for three years and offer students access to specialized courses that prepare them for leadership roles within companies.

Full-Time MBA

A full-time MBA is usually completed over two years while a part-time MBA takes place over one year. Both options require extensive coursework and exams.

Part-Time MBA

If you’re looking at an online MBA program, you might also consider a hybrid option. These programs combine some face-to-face classes with online learning. This allows students to complete their degrees without having to relocate.

Executive MBA

An executive MBA (EMBA) is designed specifically for professionals who need additional training to advance within their current roles. It typically takes place over three years and includes both classroom and online courses. A full-time MBA (FMBACLASSIC) is usually offered as part of a university’s business school and is often completed in two years.

If you’re looking for an EMBA program, you should consider whether you prefer an online or campus-based program. Campus-based programs tend to offer better networking opportunities, while online programs allow students to work at their own pace. However, there are pros and cons to each type of program.

Hybrid MBA

A hybrid MBA combines both online and campus-based learning. This allows students to complete their degrees without having to relocate. It also gives them access to a variety of career options after graduation. On the other hand, full-time MBAs typically take place entirely online. They often require fewer credits than traditional MBA programs, so they can be completed faster.

Source: Wall Street Journal

5 Steps to Becoming an MBA Candidate

The Master of Business Administration (MBA) is an advanced degree that prepares students for leadership roles in business. It’s also known as a “business school” degree because many schools offer this program.

Know Yourself.

Once you’ve decided on a program, you need to figure out what you want to do with your degree. Do you want to work in management consulting? Or maybe you’d prefer to work in sales? It’s important to understand what type of career path you want before you apply to any particular program.

Be Prepared.

If you’re looking to become an MBA candidate, you need to be prepared to answer questions about yourself and your career goals. You should also be ready to provide evidence of your leadership skills and professional accomplishments.

Build Relationships.

One of the biggest mistakes people make when applying for an MBA is not building relationships with potential faculties before they apply. This means getting to know them through social media, attending events, and networking at conferences.

It’s not enough to just apply to schools; you must network with admissions officers and other students to make sure you stand out among the crowd. This means meeting with professors, alumni, and current students at your school. You can also reach out to professionals in your field to ask them for recommendations.

Apply Early.

If you’re interested in earning an MBA, you should start applying early. Most programs require applications to be submitted by January 1st each year. That gives you plenty of time to research the program and find out more about the school.

The most prestigious MBA programs are nicknamed “M7 MBA Programs”. These schools include:

  1. Harvard Business School.
  2. Stanford Graduate School of Business.
  3. MIT Sloan School of Management.
  4. Northwestern University’s Kellogg School of Management.
  5. University of Chicago’s Booth School of Business.
  6. Wharton School at the University of Pennsylvania.
  7. Columbia Business School.

Acceptance into an M7 school is considered more difficult than obtaining acceptance at non-M7 schools. In addition, tuition is substantially higher at M7 schools, though there is usually financial aid, fellowships, or sponsorships available.

5 Things You Must Do Before Applying to an MBA Program

Whether you’re looking to pursue an MBA or just want to brush up on your skills, here are five things you must do before applying to an MBA program.

5 Things You Must Do Before Applying to an MBA Program

An MBA degree is a great way to advance in your career, but it takes hard work and dedication. Here are five steps that will help you prepare for this challenging course of study.

Research the school’s reputation.

If you’re interested in pursuing an MBA, start by researching the school’s reputation. Look at how well the school has performed in recent years, what its alumni think of it, and whether students who attend the school tend to stay there after graduation.

Find out what kind of work experience they look for.

Next, find out what kind of work experiences they look for. This will help you decide what type of job you should apply for when you graduate.

Determine whether it’s worth going back to school.

If you’ve been thinking about pursuing an MBA, there are some things you need to consider first. First, determine whether it’s worth going to school. An MBA isn’t necessary for everyone who wants to advance their career. It’s also not right for everyone who has a bachelor’s degree.

Decide how much time you have to devote to studying.

Next, decide what type of program you’d like to attend. There are two main types of programs: full-time and part-time. Full-time programs require students to take classes at least 20 hours per week. Part-time programs allow students to study less than 20 hours per week.

Figure out which programs will help you get into the best schools.

Once you’ve decided on the type of program you want to apply to, find out which schools offer the program. This includes both online and traditional universities. Online programs tend to be cheaper than traditional programs, so consider whether you’ll need to pay more for a traditional program.

Source: Yahoo Finance

MBA Degree Candidate Requirements

Every MBA program will have different requirements. More prestigious programs or schools will have more competition, and these programs will often require more candidates before accepting them into the school.

For example, the following list is taken from the University of Washington (Bothell)’s MBA program admission requirements:

  1. Two or more years of full-time, professional-level work experience.
  2. Two (or more) short application essays.
  3. Two professional referees.
  4. Official 4-year Bachelor’s degree transcript.
  5. Demonstration of English Language Proficiency (program and candidate dependent)
  6. Minimum 3.0-grade point average for the past 90 quarter credits or 60 semester credits.
  7. Interview with the admissions committee before acceptance or decision.
  8. Some programs may require the submission of a GMAT/GRE score. Other programs like UW-Bothell may temporarily have waived the requirement.

Master of Business Administration (MBA) FAQs

Master of Business Administration/ Master of Business Administration Degree/ What Is a Master in Business Administration? / What is a Master of Business Administration? / Master of Business Administration or Masters

An MBA degree is an excellent choice if you want to advance your career or start a new one. Discover the many reasons why an MBA is such a popular option!

Top 5 Reasons to Pursue an MBA Degree

An MBA is a great way to learn how to manage people, finances, and other aspects of the business. It also helps prepare you for leadership roles in organizations.

You’ll Learn More About Business Than Ever Before.

If you’re looking to advance your career, an MBA will help you do so. In addition to learning more about business than ever before, you’ll gain skills that will make you stand out among your peers.

You’ll Gain Expertise in A Variety of Areas.

There’s no doubt that an MBA program will teach you a lot about business. However, you’ll also learn how to apply those lessons to other areas of life. For example, you might learn how to manage people better, work with different cultures, or even become a better parent.

You’ll Be Able to Work Across Different Industries.

If you’re interested in pursuing an MBA, you’ll be able to use what you’ve learned to work across different industries. This means you’ll be able to find employment in any field, whether it’s finance, healthcare, or retail.

You’ll Have the Opportunity to Build Relationships and Network.

In addition to learning how to manage people and finances, you’ll also learn how to build relationships with other professionals. This will help you network and make connections as you move forward in your career.

You’ll Earn a Higher Salary.

According to the Bureau of Labor Statistics (BLS), the average salary for MBAs was $110,000 in 2015. That’s more than double what the average bachelor’s degree holder earned ($50,000). If you’re looking to earn a higher salary, consider pursuing an MBA.

Master of Business Administration Career Opportunities

Master of Business Administration (MBA) graduates have many career options available to them. Find out what they are here!

Career Paths for MBA Graduates

An MBA degree is an excellent way to prepare for a successful career in business. The program teaches students how to think critically, solve problems, communicate effectively, and manage people.

Finance & Accounting

There are many different careers available to those with an MBA degree. Many of these jobs require extensive knowledge of finance and accounting. These positions also often involve working directly with clients and other businesses.

Marketing

If you are interested in pursuing a job as a marketing manager, there are several different roles available to you. You might work at a company that sells products or services to consumers. Or you might work at a business that provides goods or services to other companies. In either case, you will likely need to understand how to market a product or service effectively.

Operations Management

A marketing manager works with sales teams to develop strategies for selling products or services. They also help ensure that those products or services meet customer needs.

Human Resources

An HR professional helps companies recruit, hire, train, and retain employees. They work closely with managers to make sure that employees understand company policies and procedures.

Information Technology

A computer scientist develops software programs that help computers perform tasks. Computer scientists also develop hardware such as servers and networking equipment.

Source: warikoo

Master of Business Administration Prerequisites/ Master of Business Administration Online Courses

Master of Business Administration in Human Resource Management

An MBA in HRM is designed to prepare students for management positions within human resources departments. Find out more about the benefits of earning one here!

MBA in HRM – What Is It?

An MBA in HRM will give you the skills needed to manage people effectively, and help you develop an understanding of how business works.

The program will help you develop the skills needed for managing people.

A degree in Human Resources Management (HRM) will teach you how to plan, organize, and direct employees so that they work together as a team. You’ll learn how to motivate and lead others, and how to build relationships with them.

You’ll learn how to manage projects and budgets.

An MBA in HR Management will also help you develop skills in leadership, communication, and problem-solving. This program prepares you to take on managerial roles at companies across industries.

You’ll gain knowledge of business law and ethics.

A degree in Human Resources Management will give you an understanding of how businesses operate and what makes them tick. In addition to learning about the legal aspects of employment, you’ll learn about the ethical issues involved with managing employees.

You’ll have access to an extensive network of professionals.

With an MBA in HRM, you’ll gain access to an extensive network that includes employers, recruiters, and other professionals who work in the field. This means that you’ll have access to a wide range of opportunities when you graduate.

You’ll earn a degree from a respected university.

A bachelor’s degree is typically required for admission into an MBA program. However, some schools offer programs with no undergraduate requirements. In addition, there are also online MBA programs available.

Master of Business Administration Project Management

Master of Business Administration (MBA) Project Management course overview.

MBA Project Management Course Overview

This course will provide an introduction to project management for students interested in pursuing a career in business administration. The course will cover topics such as project planning, scheduling, budgeting, stakeholder identification, communication, and quality control. Students will learn how to manage projects using Microsoft Project software.

Learn about project management from an expert who has taught this course at Harvard University.

Professor David L. Cohen teaches this course at Harvard University and has been teaching since 2001. He received his Ph.D. in organizational behavior from Stanford University and his B.A. in economics from Yale University. His research interests focus on the relationship between leadership and performance.

This course will provide an introduction to project management as it relates to business. The course will also introduce students to the various tools used by project managers. Students will learn how to use these tools effectively and efficiently.

To succeed in today’s global economy, organizations must manage projects successfully. Projects are essential to any organization’s success because they help companies achieve strategic goals. A project manager is responsible for managing the entire process of planning, executing, monitoring, controlling, and closing a project.

What Else You’ll Learn?

Learn how to manage projects from start to finish.

This course will teach you everything you need to know about project management. You’ll learn how to plan, execute, monitor, control, and close a project. You’ll also learn how to identify risks and opportunities associated with each phase of a project.

Introduction to Project Management.

In this course, you’ll learn how to manage projects effectively by understanding the key elements of project management. You’ll also learn about the different phases of a project lifecycle, as well as how to use tools such as Gantt charts and PERT charts to help you plan and track progress.

The Project Life Cycle.

A project life cycle consists of four distinct phases: initiation, planning, execution, and closure. Each phase has its own set of tasks and responsibilities.

Source: MBA Crystal Ball

Master of Business Administration Cost

The average cost for an undergraduate degree in the United States is $20,000-$40,000. For graduate school, the price tag can reach tens of thousands of dollars.

Master of Business Administration Management/ Master of Business Administration Course Details

A Master of Business Administration degree program is designed to prepare students for leadership roles in business. Find out more about these programs here!

Master of Business Administration Course Details

A master’s degree in business administration (MBA) provides an opportunity to gain knowledge and skills that will allow graduates to pursue careers in management, marketing, finance, human resources, operations, sales, and other areas.

What Does MBA Mean?

An MBA is a two-year graduate degree program that prepares students for leadership positions in the business. It includes courses in accounting, economics, finance, marketing, organizational behavior, statistics, and more.

What Is the Salary of an MBA?

According to PayScale, the average salary for MBAs with less than five years of work experience is $90,000 per year. Those who have been working for at least five years earn an average annual salary of $110,000.

What Are the Disadvantages of an MBA?

An MBA degree is not for everyone. It requires a significant investment of time and money. If you do decide to pursue one, make sure you understand what you will gain before enrolling.

MBA Salary Benefits

According to PayScale, the average salary for an MBA graduate is $85,000 per year. This figure includes both full-time and part-time positions. However, there are also some benefits associated with earning an MBA degree. These include increased job opportunities, better career advancement, and higher pay.

MBA Degree Candidate Requirements

An MBA degree requires at least three years of college work before applying. Students must complete at least 30 credits each semester while enrolled in school. They must also pass several exams, such as the GMAT exam, to qualify for admission into an accredited MBA program.

Master of Business Administration and Master of Public Health

Find out what makes these degrees different from each other and why they might be right for you.

MBA vs. MPH Degree Comparison

The MPA degree is designed to prepare students for leadership roles in public policy, non-profit organizations, business, government, education, and healthcare. Students learn how to apply research to real-world problems and develop skills that will allow them to effectively communicate ideas and information.

The Difference Between an MBA and an MPH
  1. An MBA is a graduate-level program that focuses on developing management skills. It prepares graduates with the ability to analyze complex issues and make decisions based on evidence. The curriculum includes courses in finance, accounting, economics, law, organizational behavior, marketing, human resource management, and more.
  2. An MPH is a master’s degree focused on preparing individuals for careers in public health. Graduates receive training in epidemiology, biostatistics, environmental health, nutrition, behavioral science, and more. They also gain knowledge of the social determinants of health, such as poverty, housing, employment, transportation, food security, and access to healthy environments.
Why You Should Choose One or the Other?

If you want to work in an area where you can use your business acumen to help people, then an MBA is probably the better choice. However, if you want to focus on improving the health of communities through public health efforts, then an MPH is the better option.

Which Is Right for Me?
  1. An MBA degree focuses on developing skills that will allow you to make decisions and solve problems. This includes learning how to manage teams, communicate effectively, and develop new products and services. These skills are transferrable across industries and jobs.
  2. An MPH degree focuses on helping others by providing them with the knowledge they need to improve their lives. It teaches students how to identify community needs, implement solutions, evaluate programs, and measure outcomes.
Why You Should Choose One Over the Other?

If you’re looking for an advanced degree that will help you advance your career, consider earning an MBA. However, if you’d rather focus on improving people’s lives, earn an MPH.

Which Is Right for You?
  1. An MBA is designed to prepare students for leadership roles in business. It teaches them how to think critically, solve complex problems, manage teams, and communicate effectively. In addition, MBAs provide students with opportunities to work directly with clients and apply their knowledge in real-world settings.
  2. An MPH is designed to teach students how to improve people’s lives through education. Students learn how to diagnose and treat illnesses, develop policies, and evaluate programs. They also gain skills in research, writing, and teaching.
Source: Institute for Management Development IMD

Master of Business Administration Leadership

The MBA leadership program is designed to help students develop their leadership skills by providing them with an opportunity to apply what they have learned in the classroom to real-world situations.

The Master of Business Administration Leadership Program

An MBA degree is a great way to prepare for a career in business management. This course will teach you how to become a leader in any organization. It will also help you:

Learn how to manage people effectively.

To lead others, you must first understand yourself. You need to learn how to motivate yourself and how to work well under pressure. You also need to learn how to communicate clearly and effectively so that you can influence others.

Develop your communication skills.

One of the most common mistakes leaders make is not communicating effectively. This can confuse team members and even undermine the leader’s authority. To improve your ability to communicate, try these tips:

  1. Be clear and concise when speaking.
  2. Listen carefully before responding.
  3. Ask questions to clarify points.
  4. Avoid jargon and acronyms.
  5. Keep meetings short and focused.
  6. Make sure everyone understands the message.
Gain experience in business operations.

In addition to learning how to lead others, the MBA leadership program also provides students with opportunities to gain practical experience through internships and other programs. These experiences will give students the chance to learn more about the business world and how to manage people and projects.

Build relationships with peers and faculty members.

One of the greatest benefits of the MBA leadership program is its ability to build strong relationships between students and faculty members. Students who participate in the program often find themselves having conversations with professors outside of class. This gives students the chance to ask questions and share ideas with faculty members. It also helps students make connections with other students who are interested in similar topics.

Developing a Vision Statement.

A vision statement is a short description of how you see yourself as a leader. It should describe your goals and aspirations for the future. You might write a vision statement for your business, your career, or even your personal life.

Master of Business Administration Description/ MBA Degree Cost

An MBA degree is one of the most sought-after degrees by business professionals today. Find out what it costs to earn an MBA from top schools around the world!

Average Cost of an MBA – As Per the Top 4 B-Schools for Business Graduates

The average cost for an undergraduate degree in the United States is $20,000-$40,000. For graduate school, the price tag can reach tens of thousands of dollars.

Harvard University

In terms of tuition, the average annual cost at Harvard University is $57,958 while Stanford University charges $52,895 per year. However, the total cost of attendance (including room and board) at both universities is roughly equal.

Stanford University

At Stanford University, students pay $5,000 per semester for tuition, fees, and living expenses. This includes housing, dining services, laundry facilities, and other amenities. Students also receive a monthly stipend of $1,500.

MIT Sloan School of Management

In addition to tuition, students at MIT Sloan must pay for books, supplies, and equipment. They also need to cover transportation costs, as well as any additional travel expenses.

London Business School

While both schools offer an MBA program, there are some key differences between them. At HBS, students receive a full scholarship, while at LBS, students must pay for everything themselves. Students who attend HBS will also receive a stipend, while those at LBS do not.

In addition to these two schools, other universities with strong programs include Columbia University (New York), Stanford University (California), MIT Sloan School of Management (Massachusetts), Northwestern University Kellogg School of Management (Illinois), Duke University Fuqua School of Business (North Carolina), Carnegie Mellon University Tepper School of Business (Pennsylvania), and Wharton School of the University of Pennsylvania.

Source: MBA Crystal Ball

Master of Business Administration Subjects

Semester 1

It is an introductory semester that provides you with a basic understanding of Business Administration and Management. The first semester includes the following MBA subjects:

Organizational Behaviour

It deals with the study of both individual and group performances and activities within an organization. This area of study examines human behavior in a work environment and determines its impact on performance, job structure, motivation, communication, leadership, etc.

Quantitative Methods

Quantitative methods emphasize objective measurements and statistical and mathematical analyses of data collected through polls, surveys, or by manipulating pre-existing records and data using computational techniques.

Managerial Economics

It is a discipline that combines Economics with managerial practices. The main objective of one of the most popular MBA subjects is to fill the gap between the ‘problem of logic’ and the ‘problem of policy’ using powerful tools and techniques.

Marketing Management

It is an organizational management subject that focuses on the practical application of marketing orientation. Marketing Management coaches students with various methods and techniques to track an organization’s market resources and activities.

MBA Subjects: Semester 2

This semester usually focuses on the integration of resources and techniques at the management level. Moreover, along with the core MBA subjects, there are various practical teaching programs incorporated in this semester.

Management Accounting

The subject includes different methods and techniques for collecting, arranging, recording, and reporting financial data from several units of an organization. The collected data is then observed and analyzed for budget allocation and funding.

Management Science

The study of statistical methods such as linear programming and simulation to analyze and solve organizational problems falls under the category of Management Science. It is a broad interdisciplinary study comprising of problem-solving and decision-making with strong links to Management, Economics, and Business.

Financial Management

Financial Management focuses on planning, organizing, directing, executing, and controlling financial activities such as procurement and utilization of funds. Topics included in one of the most important MBA subjects are Capital Budgeting, Capital Structure, and Working Capital Management.

MBA Subjects: Semester 3

The subjects included in this semester are inclined toward the marketing and business side of your chosen field of specialization. Furthermore, from this term onwards, you also get to choose some electives to broaden your knowledge. Below-mentioned is some of the major MBA subjects included in the third semester:

Market Research

Market Research is an organized effort to gather information about the target market and its audience. It is one of the most important components of business strategies. Topics included in this subject are Product Research, Advertising Testing, Satisfaction and Loyalty Analyses, Brand Awareness Research, Pricing Research, and many others.

Strategic Analyses

Strategic Analysis involves the study of researching an organization’s business environment within which it operates. It is essential to formulate strategic planning for decision-making and the smooth working of an organization.

Legal Environment of Business

This subject includes the attitude of the government towards business. While pursuing an MBA, students learn about the historical development of the field, current trends, policies, control in taxation, competition, freedom of the market, etc.

MBA Subjects: Semester 4

The 4 semesters of different types of MBA focus more on the electives and project study. While in the former, you can choose a bunch of MBA subjects as per your area of specialization and inclination, in the project study or dissertation, you have to complete industrial training.

List of Core MBA Subjects

As we are discussing in detail the MBA subjects, here are some of the major core subjects that you may study through the program:

  1. Accounting and Financial Management
  2. Business Economics
  3. Corporate Finance
  4. Human Resource Management
  5. Leadership and Entrepreneurship
  6. Management of Change
  7. Management Theory and Practice
  8. Managing for Sustainability
  9. Marketing Management
  10. Research Methods
  11. Strategic Management

List of Elective MBA Subjects

Listed below are the important electives subjects that you may study during an MBA course-

  1. Accounting Systems and Processes
  2. Advanced Studies in Industrial Relations
  3. Auditing
  4. Business and Corporations Law
  5. Business Economics
  6. Communication in Business
  7. Corporate Finance
  8. Current Developments in Accounting Thought
  9. Customer Behaviour
  10. Financial Accounting
  11. Financial Accounting 2
  12. Financial Markets and Instruments
  13. Financial Planning
  14. Global Marketing
  15. Human Resource Management
  16. ICT Project Management
  17. ICT Project Management
  18. Integrated Marketing Communications
  19. International Human Resource Management
  20. Investments Analysis
  21. IT Infrastructure Management PG
  22. IT Management Issues
  23. IT Risk Management
  24. Leadership – A Critical Perspective
  25. Management Accounting for Costs and Control
  26. Management of Change
  27. Managing for Sustainability
  28. Managing Project and Service Innovation
  29. Organizational Behaviour
  30. Research Methods
  31. Strategic Human Resource Development
  32. Taxation

MBA Subjects: Field Wise

Until now, we understood the subjects that are common in almost all MBA specializations. Here is a table that elucidates the MBA subjects of different fields:

MBA in Finance

  1. Business Policy
  2. Global Financial Markets
  3. Banks & Financial Institutions
  4. Financial Risk Management [FRM]
  5. Mergers & Acquisitions

MBA in HR

  1. Operations Research & Management
  2. Organizational Behaviour
  3. Employee Welfare
  4. Training & Development
  5. Labour Law

MBA in Information Technology

  1. Information Security Management
  2. Strategic Management
  3. Big Data and Machine Learning
  4. Visual Systems Development
  5. Web-Based Systems Development

MBA in Event Management

  1. Safety Operations
  2. Corporate Communication
  3. Types of Events
  4. Public Relations
  5. Marketing Management

MBA in Marketing

  1. Market Research & Data Analysis
  2. Consumer Behaviour
  3. eCommerce Marketing
  4. Business Communication
  5. Retail Management

MBA in Fashion Designing

  1. Luxury Brand Management
  2. International Fashion Management
  3. Merchandise Marketing
  4. Product Development
  5. Supply Chain Management

MBA in Hotel Management

  1. Central Reservation Systems
  2. Cargo Management
  3. Entrepreneurship Development
  4. Accommodation Management
  5. Nutrition & Dietetics

Note: This is not an exhaustive list. The number of core and elective MBA subjects can vary from one institute to another.

Top MBA Colleges Around the World

MBA Colleges 2022:

  1. Stanford Graduate School of Business, Stanford University
  2. Wharton School of the University of Pennsylvania
  3. MIT Sloan School of Management
  4. Harvard Business School, Harvard University
  5. HEC Paris, France
  6. INSEAD, Singapore, and France
  7. London Business School
  8. Columbia Business School, Columbia University   
  9. IE Business School, Spain
  10. Haas School of Business, University of California, Berkeley
  11. The University of Chicago Booth School of Business
  12. IESE Business School, Spain  
  13. Esade Business School, Spain 
  14. Kellogg School of Management, Northwestern University
  15. UCLA Anderson School of Management


Related: The Concept of Management

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