MBA stands for "masters of business administration" and is one of the most popular graduate degrees available. MBA education originated in the early 1900s at Harvard as a way to address the growing national need for greater business acumen. Today, more than 60,000 people per year earn their MBAs. Professionals interested in accounting, finance, business operations, marketing, sales, or product management careers may benefit from earning an MBA. 

Earning an MBA may help you stand out from other applicants. Many MBA programs also encourage professional networking. These connections can link you to future career opportunities. Data also shows an MBA often boosts your earning potential.

An MBA is usually a two-year academic program. Almost all MBA programs require applicants to hold a four-year degree. MBA programs are available in-person, online-only, or in a hybrid format.  

What kinds of MBA concentrations are there?

It's common to choose a specialization within your academic program. MBA concentrations allow you to develop specialized skills and knowledge. 

For example, if you're interested in pursuing a career as a chief financial officer, you may want to earn an MBA with a concentration in finance. To earn that concentration, you'll likely take elective classes like financial risk management. 

If you're interested in an MBA in human resources, you'll take courses like compensation and benefits management.

Who should pursue an MBA?

To pursue an MBA, you usually don't need a specific professional or educational background aside from having an undergraduate degree. Also, you don't need a bachelor's degree in a business-related field, and you don't need to get an MBA right after college. 

Individuals pursuing an MBA after several years of professional experience may have an advantage during the admissions process. 

What should I expect from an MBA program?

To apply for an MBA program, most