MBA Background

The MBA degree designation has always been used in the USA - where it was first developed, but not always in other countries. In the UK for example - where Post Graduate degree level management education only began to expand from the late 1960s the designation was not originally used. For example the most important schools at that time used the MSc and MA degree titles. From around 1980 however most reputable programs around the world had adopted the MBA designation. There are of course programs which look very much like what other Schools would call an MBA - which still lead to degrees with other titles. Such titles include MBL (Master of Business Leadership - mainly in S. Africa), MBS (Master of Business Studies), MSc and MA as well as more specialist degrees e.g., Master of Finance. Often such programs are seeking intentionally to distinguish themselves from other programs Since the beginning of the MBA program in the USA in the early 1900s - but particularly since the more extensive implementation of MBA programs in other parts of the world - the MBA program has been in a condition of constant advance and alteration. The first American business school, Wharton School of the University of Pennsylvania, was founded in 1881, 62 years after the world's initial business school ESCP-EAP was established in 1819 in Paris. The Tuck School of Business, branch of Dartmouth College, was the first graduate school of management in the United States. Founded in 1900, it was the first institution conferring higher degrees (masters) in the money-making sciences, the forbearer of the contemporary MBA. Founded in 1898, the University of Chicago Graduate School of Business, the second oldest U.S. business school, was the first graduate school in 1940 to present effective professionals the Executive MBA (EMBA) program, a basis at the majority business schools nowadays. Thunderbird School of Global Management, founded in 1946 following World War II by Lieutenant General Barton Kyle Yount, (the Commanding General of the U.S. Army Air Training Command), is the first and the oldest business school in the United States focused solely on "international business." As the U.S. MBA model appeared at the turn of the 20th century, Europeans developed such business schools as at Webster Graduate School at Regent's College, London and in Manchester Business School; somewhere else colleges such as Cass Business School, London, IMD, MBA-HSG, Instituto de Empresa, INSEAD, Henley Management College, Cranfield School of Management, and Ashridge were established for management education. In 1950 the first MBA degrees were awarded outside the United States by the University of Western Ontario in Canada followed in 1951 with the degree awarded across the Atlantic by the University of Pretoria in South Africa. In 1957, INSEAD became the first European university offering the MBA degree, followed in 1964 by IESE (first two-year program in Europe), in 1967 by the Cranfield School of Management and in 1969 by the HEC School of Management (in French, the École des Hautes Études Commerciales) and the Institut d'Etudes Politiques de Paris. In 1968, the Asian Institute of Management was founded. The MBA degree has been adopted by universities universally, and all six livable continents have universities offering MBA programs. In Europe, the latest Bologna Accord established uniformity in three levels of higher education: Bachelor (three years), Masters (five years), and Doctorate (eight years). Students can obtain professional skill after their primary bachelor degree at any European institute and later complete their masters in any other European institution via the European Credit Transfer and Accumulation System. A European masters degree in Management is consequently equal to the American MBA having extra systematic content; for example, a European master of science in management requires writing and defending a master's thesis. Source: en.wikipedia.org www.thisisnotawebsite.com