Courtesy : Masters in Business Administration (MBA)

A Master of Business Administration (MBA; also Master’s in Business Administration) is a postgraduate degree focused on business administration. The core courses in an MBA program cover various areas of business administration such as accounting, applied statistics, human resources, business communication, business ethics, business law, strategic management, business strategy, finance, managerial economics, management, entrepreneurship, marketing, supply-chain management, and operations management in a manner most relevant to management analysis and strategy. It originated in the United States in the early 20th century when the country industrialized and companies sought scientific management. #ISO certification in India

Some programs also include elective courses and concentrations for further study in a particular area, for example, accounting, finance, marketing, and human resources, but an MBA is intended to be a generalized program. MBA programs in the United States typically require completing about forty to sixty credits (sixty to ninety in a quarter system), much higher than the thirty credits (thirty-six to forty-five in a quarter system) typically required for degrees that cover some of the same material such as the Master of Economics, Master of Finance, Master of Accountancy, Master of Science in Marketing and Master of Science in Management.#ISO certification in India

The MBA is a terminal degree, and a professional degree.Accreditation bodies specifically for MBA programs ensure consistency and quality of education. Business schools in many countries offer programs tailored to full-time, part-time, executive (abridged coursework typically occurring on nights or weekends) and distance learning students, many with specialized concentrations.#ISO certification in India

An “Executive MBA”, or EMBA, is a degree program similar to an MBA program that is specifically structured for and targeted towards corporate executives and senior managers who are already in the workforce

Accreditation

United States

Business school or MBA program accreditation by external agencies provides students and employers with an independent view of the school or program’s quality, as well as whether the curriculum meets specific quality standards. Currently the three major accrediting bodies in the United States are:

• Association to Advance Collegiate Schools of Business (AACSB),
• Accreditation Council for Business Schools and Programs (ACBSP), and
• International Assembly for Collegiate Business Education (IACBE).

All of these groups also accredit schools outside the US. The ACBSP and the IACBE are themselves recognized in the United States by the Council for Higher Education Accreditation (CHEA). MBA programs with specializations for students pursuing careers in healthcare management also eligible for accreditation by the Commission on the Accreditation of Healthcare Management Education (CAHME).

US MBA programs may also be accredited at the institutional level. Bodies that accredit institutions as a whole include:

• Middle States Association of Colleges and Schools (MSA),
• New England Association of Schools and Colleges (NEASC),
• Higher Learning Commission (HLC),
• Distance Education Accrediting Commission (DEAC),
• Northwest Commission on Colleges and Universities (NWCCU),#ISO certification in India
• Southern Association of Colleges and Schools (SACS), and
• Western Association of Schools and Colleges (WASC).