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The Master of Business Administration (MBA or M.B.A.) is a master's degree in business administration (management). The MBA degree originated in the United States in the
early 20th century when the country industrialized and companies sought scientific approaches to management. The core courses in an MBA program cover various areas of
business such as accounting, finance, marketing, human resources, operations, and statistics, in a manner most relevant to management analysis and strategy. Most programs also
include elective courses. MBA programs typically require completing nearly twice the amount of credits typically required for degrees that cover some of the same material such as
the Master of Economics, Master of Finance, Master of Accountancy, Master of Science in Marketing and Master of Science in Management.
The MBA is a terminal degree and a professional degree.[1][2] Accreditation bodies specifically for MBA programs ensure consistency and quality of education. Business schools in
many countries offer programs tailored to full-time, part-time, executive (abridged coursework typically occurring on nights and/or weekends), and distance learning students,
many with specialized concentrations.