The MBA (Masters of Business Administration) degree originated in USA in the early 20th century when the country industrialized and companies sought scientific approaches to management. Business Management is among the most prominent fields of concentrate at colleges in USA, especially at the post graduate level. The course offers a complete perspective of different fields of business and administration and is intended to ensemble understudies with modern aptitudes and fearlessness to adequately and productively oversee and adjust to the dynamic business condition.
Being one of the world's best study destinations, USA houses a lot of universities that offer all inclusive presumed MBA degrees and educational programs that upgrade the center business aptitudes and general identity of the understudies. An MBA teaches you about financial aspects, marketing, economics, sociology and many other disciplines so you will have the capacity to adopt an all-encompassing strategy to global business administration. Since an MBA is so flexible, it is just about a certification for vocation achievement, and an unquestionable requirement for most worldwide organizations searching for educated administrators.
Career prospects for MBA graduates are outstanding. Quite simply, an MBA qualification signals to employers that you have the skills and experience necessary for top management positions. The combination of practical focus and academic challenge makes the prospect of pursuing an MBA highly appealing for those who are attracted to the competitive learning environment offered by the universities in USA. After completing an MBA program, students can work in a myriad of different sectors such as finance and accounting, human resource, sales, business consultancy and others.
A dominant part of the colleges in USA require a candidate to have 16 years of education before applying for MBA. Hence, the candidate must have completed at least four years of education after 10+2. Students who have completed their Master’s degree are also qualified to apply for MBA in the USA.
GMAT and GRE are two prevalent exams.
GMAT: You should, ideally, enroll for tests at least 3 months prior to the application deadline so that test scores are ready at the time of filing the application. The GMAT is a standardized test which evaluates a candidate on four yardsticks - Analytical Writing Assessment, Integrated Reasoning, Quantitative and Verbal. The GMAT test score is valid upto 5 years and is held round the year at several test centers across the world.
GRE: It was first acknowledged for admission to an administration course by Stanford in 2005. Since then, most of the Institutions like Harvard, Wharton, UC Berkeley, Duke, MIT, NYU and Yale have begun accepting it. At present, more than thousands business schools in USA acknowledge GRE in their choice methodology. One can take the GRE Test once every 21 days, up to five times inside a year term. This applies regardless of whether the hopeful has wiped out scores on a test taken beforehand.
Admission to most great business colleges and MBA programs requires two or three years of work involvement. While this isn't obligatory for all schools, it is unquestionably favored by most business colleges.
Statement of Purpose:
An SOP must be composed by the applicant to mirror his life objectives, and give a detailed explanation behind his/her interest to join the establishment. Most colleges require the mission statement within the utmost of 500 words.
Letters of Suggestions are proclamations that mirror the student’s potential from the perspective of a third individual. Most colleges require no less than a few suggestion letters.
Business schools usually take a few weeks to respond to applications. Most applicants receive their acceptance or rejection letter between February and April for the September intake.