What does MBA stand for?
AnswerMaster of Business Administration
The MBA is a graduate degree in management.
Education · Facts & stats
MBA facts & stats
7 fact-checked facts about MBA programs, business school and core management ideas, each with the reason behind it. 5 more are in today's round and join this page after it closes.
The basics
How long does a typical full-time US MBA program take?
AnswerTwo years
Most full-time US MBA programs run two years.
Going deeper
Which school awarded the first MBA degrees, starting in 1908?
AnswerHarvard
Harvard Business School launched the first MBA program.
Harvard Business School is famous for which teaching approach?
AnswerThe case method
Students debate real business cases in class.
Which is a common MBA elective area?
AnswerMarketing
Marketing, finance and strategy are core MBA areas.
Expert level
Who developed the Five Forces framework for industry analysis?
AnswerMichael Porter
Porter introduced the Five Forces in 1979.
Which is NOT one of the classic 4 Ps of marketing?
AnswerProfit
The 4 Ps are Product, Price, Place and Promotion.
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