The Rise of the MBA

An MBA is a Master's Degree in Business Administration, which is sought by persons in a variety of academic disciplines. As an industry, companies have begun towards the end of the 19th Strengthen century in the United States, they were interested in a scientific approach to the management of their company, and thus the Master of Business Administration concluded. Today it is recognized at international level.

To ensure quality, there are several accreditation bodiesOversight of the MBA programs in the Graduate Business Education. The schools offer justice to full-time, part-time, distance learning and executive students. In addition, MBA programs often specialize in a particular area.

Wharton School of the University of Pennsylvania was the first American business school and was founded in 1881. The first Graduate School of Management was the Tuck School of Business at Dartmouth College. Tuck was founded in 1900 and offered advanced degrees in commercialSciences. This kind of training will be labeled later developed to the MBA. In 1940, the University of Chicago Graduate School of Business is offering the first university to a degree with the title Executive MBA. The trend is spreading internationally, starting with Canada, a program for opening in 1950.

External bodies to evaluate business schools to determine their quality and, if the curriculum is up to industry standards. In international comparison, the Association to AdvanceCollegiate Schools of Business (AACSB) and the International Assembly for Collegiate Business Education (IACBE) are estimates.

For the United States, there are six regional agencies, members of the Council for Higher Education Accreditation (CHEA): New England Association of Schools and Colleges (NEASCSC are), Middle States Association of Colleges and Schools (MSA), North Central Association of College and Schools (NCA), Southern Association of Collegesand Schools (SAC), Northwest Commission on Colleges and Universities (NWCCU) and Western Association of Schools and Colleges (WASC). In addition, the Association of Collegiate Business Schools and Programs (ACBSP) is generally works with smaller, private American schools for accreditation purposes. If the program has a specialty in health care can, the Commission on Accreditation of Healthcare Management Education (CAHME) the monitoring of the agency.

The Association of MBAs(AMBA) provides for the accreditation of institutions in the United Kingdom. The European Quality Improvement System (EQUIS) is working with graduate business schools in Europe and Asia.

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