What’s a Typical MBA Curriculum Like?
An MBA, or Master of Business Administration, is one of the most commonly pursued post-graduate degree programs globally. Moreover, as the inclination towards business leadership and entrepreneurship grows, the number of people who wish to pursue an MBA keeps increasing.
After all, the program offers students the expertise needed to run and lead a successful business. Additionally, an MBA degree can offer access to better job opportunities, and many people have been able to reach phenomenal growth in their careers by completing an MBA.
So, the degree does come with significant benefits. However, anyone who wishes to pursue this course of study should want to know about the course curriculum beforehand.
Let’s take a look:
General MBA Curriculum
Generally, an MBA is a 2-year degree program, and you can choose to pursue it in-person or online. Online programs tend to be more flexible, and sometimes less costly, but in-person programs offer greater networking opportunities and mentorship.
Within the MBA, there are different fields to pursue: for instance, Finance, HR, Marketing, the list goes on. If you’re planning to enroll in an MBA, note that the curriculum varies by field. Here are some brief details about the typical course curriculum for some of the major areas of focus for an MBA program.
MBA in Finance
An MBA in Finance is designed to make the students experts in financial accounting, budgeting, and management. As such, the course curriculum for an MBA in Finance focuses on helping students learn concepts of economics.
You can expect to take classes on financial budgeting, accounting, and business management when pursuing this course. Additionally, the students may find different financial analysis techniques and valuation as a part of the course curriculum.
MBA in HR
HR, or Human Resources, is one of the most important departments in any organization. It crosses all sectors of the company, and ensures that the organization runs smoothly. The primary function of any HR department is personnel management, and that’s what the course curriculum of MBA in HR focuses on.
Other major aspects of HR are: hiring and recruitment, building organization policies, processing payrolls, and managing benefits. The course curriculum is designed to teach students precisely how to accomplish these types of tasks.
Topics like staffing, recruiting, interview processes, payroll management, organizational planning, and best practice behavior, are common threads of the course curriculum for an MBA in HR. Additionally, an MBA course curriculum covers employee rights and employment laws.
MBA in Marketing
One of the best ways to grow a business is to invest thoroughly in marketing. An MBA in Marketing will provide students with the knowledge and confidence to embark on an entrepreneurial journey. With an MBA in Marketing, you will know how to build a brand from the ground up. This degree can also support students in securing management-level jobs in any field.
An MBA in Marketing will cover basic principles of product development, brand strategies, and advertising. The course curriculum is focused on a variety of theories. You can expect to learn about different selling and pricing strategies, marketing strategies and philosophies, and even buyer and decision psychology.
In addition to these fields, there are many more areas in which one can pursue an MBA degree. It all depends on your specific interests. Whatever you choose, getting an MBA can be a huge step in boosting your career. There are many other MBA options, though these are the most widely chosen in the world currently.