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MBA, or Master of Business Administration, is a graduate degree generally offered by the business school within an university. Some b-schools do offer one year MBA degree while most business schools offer two year program. Actually, one year’s MBA degree is populous in European countries, as defined by Countryaah.

The Master of Business Administration is a general, non-specific management degree that ends with an MBA. The course is designed to enable graduates to work as managers in a company in any industry. The course teaches the basic management functions such as accounting, finance, marketing, business management, information management, law and personnel management and at the same time promotes personal development in terms of management behavior, decision-making, teamwork, entrepreneurial potential, negotiation skills, communication and presentation techniques.

The MBA is the first internationally accepted international degree. However, the title of “Master of Business Administration” is not a legally protected title, so that every organizer of further training measures can offer an MBA. The number of courses offered worldwide is correspondingly large. There is accreditation to ensure the quality, transparency and comparability of MBA programs.

An overview of the leading MBA programs in the SZ education market can be found on our homepage on the MBA education topic.

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MBA international

Most MBA programs in the United States are offered by business schools, university faculties. They are designed to last two years because they are designed as a full course of study. The MBA degree in the United States follows an economic or other technical college education and includes at least one internship.

In most European countries, mainly private institutions founded on the initiative of business enterprises offer MBA training with a high degree of practical relevance and good relationships with potential employers. The admission requirement here is a university degree or a comparable degree from a university of applied sciences or a vocational academy as well as at least two years of professional experience. Great Britain has been a leader in MBA programs for many years, also in quantitative terms. Today, the renowned business schools include INSEAD in Fontainebleau, IE in Navarra or IMD in Lausanne.

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In Switzerland the private business school IMD, the International Institute for Management Development, plays a leading role in the MBA programs and offers courses in various areas of management for managers at every career level. The MBA can be completed there in eleven months. The IMD works with over 1000 companies from all over the world. The importance of the MBA in Switzerland is not as great as that of the executive MBA. For employers, the degree is not mandatory for any function and is also not relevant for the salary.

MBA studies in Austria are similar to a basic course, but the content is much more demanding, since strict selection criteria are applied and a high level of education determines the course. A full-time course lasts between one and two years. Most graduates in Austria choose a part-time MBA program that lasts up to three years. In Austria almost every university now offers an MBA course, here too there are more and more specializations.

MBA in Germany

A prerequisite for an MBA degree in Germany is a successful completion of a different academic degree and often several years of professional experience. The German MBA degree concludes with a master’s degree and entitles to a doctorate. The MBA in Germany is designed as a further education that provides additional qualifications, and therefore does not have to be directly related to a bachelor as with the consecutive master. In addition to the general MBA, there are various programs with special fields as well as international orientations. In many study programs, a minimum score at the GMAT is defined as a prerequisite.

MBA rankings are a frequently used orientation for selection and evaluation . However, these do not do justice to the large number of courses that offer specific and subject-specific content and also meet the needs of students more. The increasingly popular offers for distance learning are not rated separately in most rankings.

The Executive MBA (EMBA)

The Executive MBA (EMBA) is aimed at managers, other members of management, department heads and management groups . This special course was developed in addition to the MBA and is based on the special needs of the target group. In addition to their work, they use the further training to develop additional career opportunities, mostly for a management position in globally operating companies, with the imparted specialist knowledge and specializations.

Historical consideration

In 1902 the first “Master of Commercial Science” was awarded at Dartmouth College in New Hampshire. This degree was significantly more practice-oriented than the very theoretical and highly scientific training at the universities at that time. Within ten years, numerous business schools in the USA – and later also in England – expanded their master’s programs. With global leaders, global economic competitiveness should be ensured.

In the 1950s, the direction of the MBA degree changed. In addition to mandatory courses such as management, financing, marketing and accounting, the focus was on imparting leadership skills, team building, motivation and the correct use of available resources. This increased the importance of the MBA programs.

The MBA programs in the early 1970s were heavily criticized. The business schools responded by expanding their programs and training methods and opening up new target groups with students from other disciplines, female students, members of minorities and international graduates.

In the 1980s there was a lot of discussion about the hard work of the young top managers, regardless of people and the environment. As a result, the business schools, in addition to technical training, are increasingly focusing on cooperation and social skills. The information on economic, social and political framework conditions was integrated into the training program as well as team leadership, presentation and negotiation techniques.

The first pure German MBA program was created in 1990 in Saarland at the Europa-Institut. Previously, the MBA in Germany could only be obtained in cooperation with an American or English university.

Due to the rapid increase in MBA programs, the European Foundation for Management Development (EFMD) developed the “European MBA Guidelines” in 1997, in which the qualifications and competencies of an MBA program to be imparted were specified. In 2014 the EFMD revised these guidelines and supplemented them with regard to possible specializations and flexible study formats. Since then there have been more and more industry-specific orientations, in particular fields such as health care, international management, logistics and management and human resources have been established.

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