Best Master's in Business and MBA Programs
Get the facts about business master's and MBA programs.
By the Numbers
Business Master's &
MBA Programs
| Master's | MBA | |
|---|---|---|
| Credits needed to graduate: | 36 | 48 |
| Number of specialization classes: | 5 | 6 |
| Number of general education classes: | 4 | 6 |
| Number of elective classes: | 3 | 4 |
| Hours in class per week: | 7.5 | 7.5 |
| Time until graduation (full-time): | 1 year | 2 years |
| Time until graduation (part-time): | 3 years | 4 years |
| Cost per class: | $1,950 | $1,950 |
| Cost per program: | $25,000 | $40,000 |
| Income of graduates: | $62,300 | $103,122 |
What does a Master's in Business or MBA Program Entail?
A master's degree in business provides students with the management skills and tools essential to leadership positions in a variety of business fields and industries. The credentials and expertise earned during master's in business programs translate into both expanded career opportunities and increased earning potential.
Best MBA Programs
One of the most popular advanced business degrees is the Master of Business Administration (MBA), which equips students with a broad set of business skills transferable to multiple arenas. Most MBA programs involve the study of core business school subjects, such as accounting, economics, finance, human resources, organizational design, marketing, operations, policy, quantitative methods and statistics.
Many students find that the best MBA program is a specialty degree with a concentration in a particular area of business such as accounting, finance, human resources or marketing. Specialty MBA programs provide training in general management and business while also focusing specifically on the in-depth concepts, tools and applications surrounding the particular specialty area, such as an MBA in health care management.
Master's in Business
Those looking to improve their expertise in one specific field may choose a business master's degree program in a specialized area like taxation, information technology or organizational leadership. These highly-specialized advanced degrees focus almost exclusively on issues related to the subject and prepare students to manage within that field.
The business master's degree you pursue depends on your career aspirations. Whether you want to gain broad management skills, focus on a particular industry, or start your own business, the program you select should suit your plans for the future.
Note: All numbers are averages.
Sources: Data from schools listed on AllBusinessSchools.com, May 2007; PrincetonReview.com; Finaid.org, 2008
MBA Programs & Master's in Business
- Accounting
- Taxation
- Finance
- Business Administration (MBA)
- Human Resources
- Marketing
- Information Technology
- Hospitality Management
- Health Care Administration
- Operations Management
- Entrepreneurship
- International Business
- Sports Management
- Real Estate
- Management