MBA history

Máster Mba; The acronym Mba means master’s degree in business administration and management that is taught at business schools or universities.

The main objective of this postgraduate course is to prepare the student for the business and business world.

The study plan of this program was carried out in order to train students with specific managerial functions and the development of decision-making in an organization.

Now we are going to explain how the Mba arises, the characteristics and the most important data of this postgraduate degree.

HISTORY OR ORIGIN OF MBA MASTERS

At the beginning of the 20th century, most universities offered accounting and business management courses to their students.

However, the world has been in constant evolution and knowledge, which has taken a radical turn.
Now the needs that arise in a company are taken into account, which is why the Mba masters arise.

At first the work in the organization depended on machinery, over time this changed and they realized that there were other needs that they had to meet.

They needed trained personnel with different learning characteristics that could lead to the success of the organization.

This influenced the universities to choose to include MBA programs to train their students or graduates in these programs.

EVOLUTION OF THE MASTER IN BUSINESS ADMINISTRATION

The first university or business school in the world arose in the United States, which was the Wharton School that was founded in 1881.

However, the first school to put out an MBA program was the Tuck School of Management in the early 1900s.

The business school of Harvard University began with the Malaga MBA program in 1908 and it was a great success.

As a result, the number of students enrolled in this program increases every year.

The MBA program took years to reach the border and spread to the rest of the world.

Around the 1950s, the United States School taught this program at the University of Western Ontario Business School.

After approximately five years, this course began in Asia. In an institute of business administration at the University of Karachi.

But only until 1955 did he arrive in Europe.

TYPES OF MBA MASTERS

We can mention five categories.

ON-SITE MBA

Known as full-time MBA, this is a type of modality recommended for graduates in this type of postgraduate studies.

The time that this program takes is two years but this varies depending on the school where you are going to attend it, the schedules are Monday to Friday tomorrow.

And the student is required to show up for class at the corresponding hourly intensity.

It should be taken into account if you want to study this program that you must have the availability of time.

EXECUTIVE MBA

The modality that is taught in the Chamber of Commerce and in the best business universities.

It is a postgraduate course that is taught part-time; This is a good choice for those students who want to study and work at the same time.

Because it has more flexible hours and in most schools they are only offered on weekends.

ONLINE MBA

As its name indicates, this modality is virtual and does not require attendance, it is more flexible, you can take the subjects at the time you want.

You will not be able to have contact with your teachers and you will not be able to share your ideas or opinions with others.

In conclusion, an MBA master’s degree is oriented to train participants in the development of management functions and the responsibilities that must be carried out in an organization.

It provides you with the necessary knowledge so that you can run a company.

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