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  Home >> Study Abroad U.S. A >>Graduate Management Education in USA


Graduate Managament Education
With the primary objective of educating managers, graduate schools of business organize their curricula around three basic elements: the core, the concentration and electives. The core courses provide an introduction to the fundamental concepts and techniques of management. The field of concentration is intended to provide advanced knowledge and intensive preparation in the areas of the student's major interest. It is flexible and does not have to be decided upon before entering the MBA program. Electives permit the student to choose courses of special interest from a variety of areas within the curriculum. The emphasis in an MBA program is on integrating the various aspects of managerial responsibilities and techniques to build a solid base for continued learning as a practising manager.

Specializations offered: Students can specialize in Finance, Marketing, Organization Behaviour and Accounting. Students interested in establishing their own business can consider a Master's in small business management and ownership.

Accreditation: Professional accreditation is an added advantage for the MBA program.

Duration: MBA degree programs usually require two full academic years if pursued on a full-time basis. Some MBA programs can be completed at an accelerated pace. Schools operating on the trimester or quarter system allow students to attend classes on a year-round basis. Also some schools allow advanced standing on the basis of undergraduate courses. Some institutions require a thesis, other require a written or oral exam.

Academic Background: Candidates with an outstanding undergraduate record in Engineering (B.E./B.Tech.) or those who have a Master's degree in other subjects stand a good chance of securing admission.

Tests and Scores: Most of graduate business schools require scores on the Graduate Management Admission Test (GMA T). The test scores are designed to provide an objective measure of academic abilities to help admission officers in selecting candidates for graduate business study. Each business school evaluates the score in its own way. There are no fixed passing or failing scores. A total score of 700 would be considered high at any school and a score of 450 low. In addition, foreign students are required to appear for the Test English as a Foreign Language (TOEFL). A total score of 550 to 650 is considered appropriate in this test.

Work Experience: Work experience plays a major role in getting admission. Usually universities prefer students to have 2 to 3 years of work experience.

Recommendation letters: Letters of recommendations can be very effective in highlighting your strengths and abilities. Letters of recommendation likely to be most meaningful are those written by professors and employers. Some schools may clearly specify the types of people wanted as referees.

Financial Assistance for MBA: Few graduate business schools award financial aid in the form of scholarships/fellowships/assistantships to students registered for a master's degree. It is relatively easier to get financial assistance for a Ph.D. program, especially for well qualified students with work experience.

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