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“MBA” stands for Master of Business
Administration, an internationally recognized postgraduate degree in
business management. The MBA is more than an academic degree; it is a
comprehensive preparation that entails both theoretical learning and
practical training. The MBA is designed to prepare managers, executives,
and other business professionals to tackle complex managerial tasks by
producing non-standard solutions in order to succeed in today’s highly
competitive business environment.
The concept of professional business
training originated in the United States in the 19th century with the
Harvard MBA program. Yet, the MBA is a modern, dynamic, innovative and
future-oriented program. Due to its unique interdisciplinary and
result-focused approach, the MBA has become popular among the worldwide
business establishment, and an emblem of a philosophy and a lifestyle.
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