MBA stands for Master in Business Administration. The course is designed to provide students with a greater understanding of theoretical and practical approaches to business and management. The course generally covers various areas of business, including finance, marketing, management, accounting, and business strategy.

HOW LONG IS AN MBA?

The length of an MBA depends on the school you choose. Programs vary from one year to two years.

WHY GET AN MBA?

One of the main reasons some gets an MBA is to increase his or her salary after the MBA and advance his or her career. Some applicants, however, use the MBA as a way to switch careers, moving from consulting to finance, for example.

HOW MUCH DOES AN MBA COST?

The cost of an MBA depends greatly on the school you choose to go to, but elite programs can cost between US$110,000 and US$140,000. Fortunately, there are many scholarships you can apply for to help afford the cost of business school.

WHO SHOULD GET AN MBA?

Though there is no “rule”, most people start an MBA when they are between 25 and 30 years of age. It’s not impossible to go into an MBA right after you finish a bachelor’s degree, but it is more difficult to get into selective programs without work experience. On the other hand, applicants above 30 need to show how an MBA will contribute to their career growth at a later stage in the game, which can be a challenge. This does not mean, however, that if you are 40 and considering an MBA that you are out of luck—we have placed many non-traditional candidates at top schools all over the world!

An MBA is a great option for people looking to change careers, and can also be a useful tool to increase your salary and advance your career. How much benefit you will get from an MBA depends a lot on your industry. For certain industries like consulting and private equity, getting an MBA is an important strategic move. For entrepreneurs, however, an MBA can be a great choice or a big mistake. If you aren’t sure if an MBA is right for you, we offer career coaching services to help you define your goals and develop a plan to reach them.