By DeVry University
November 30, 2023
12 min read
November 30, 2023
12 min read
An MBA degree, or Master of Business Administration, is a post-graduate degree designed to help business students and established professionals who have already earned a bachelor's degree to further their business education and build management skills that can be used in modern workplaces.
To more thoroughly answer the question of what is an MBA degree, we’ll discuss some of the potential benefits of earning an MBA degree, how long it might take and more in the following sections:
Accounting
Business communication
Business ethics
Business strategy
Data analytics
Economics
Finance
Leadership and management
Marketing
Operations
In addition to the core curriculum, you will also have the option to choose elective courses that align with your individual career goals.
The desire to earn a higher salary: Many people choose to earn an MBA to prepare to pursue higher-level management or executive leadership roles that tend to pay higher salaries. Keep in mind, however, that earning a post-graduate degree is not a guarantee of increased earning potential. Other things like work experience, outstanding work performance and professional certifications can factor into job opportunities for MBA grads and non-MBA holders alike.
It’s a great way to start entrepreneurial ventures: Coursework and projects within an MBA program can provide a good basis for developing a professional network, as well as the skills and knowledge to launch a new business. Our MBA program offers an Entrepreneurship Specialization that helps provide practical leadership and management training for entrepreneurial ventures.
Climbing the corporate ladder: After considering the options along your career path, you may feel the best way to prepare to advance to a more senior position in your current industry, with your current employer or a new one, is by earning an MBA.
If any of these sound like you, then you probably have a good reason to consider pursuing an MBA degree, with or without a particular specialization.
Business Economics: Allocating resources and staffing within an organization requires an understanding of high-level economic principles. Business economics coursework helps MBA students to understand these principles.
Corporate Finance: Covering finance within the corporate world, this core course helps students gain a stronger understanding of how to approach the various financial aspects of a business organization.
Financial Accounting – Managerial Use & Analysis: Covering the high-level use of accounting for managers, this course focuses on understanding how accounting practices work, helping you analyze the way this field impacts the overall health of an organization.
Leadership & Organizational Behavior: Coursework in this core area helps MBA students better understand how leadership techniques and practices influence the way an organization is run and what methods and motivational tools most effectively achieve desired results.
Innovation Through Technology: This core focuses on the use of technology in modern business administration, helping students discover how technological innovations are driving business growth and how to take advantage of them to enhance productivity and efficiency.
Strategic Marketing: This core focuses on the strategic deployment of marketing initiatives and how they are used to increase brand loyalty through recognition and positive associations.
Business administration and consulting
Finance and accounting
Marketing
Human resources
Healthcare
Information systems management
International business
Project management
At DeVry, we offer 10 MBA specializations designed to help you build your skills in your area of interest. You can earn your MBA degree 100% online, allowing you to balance your commitment to education with all the other aspects of your busy life. Ready to get started? Our next 8-week class session starts soon.
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In New York, DeVry University operates as DeVry College of New York. DeVry University is accredited by The Higher Learning Commission (HLC), www.hlcommission.org. The University’s Keller Graduate School of Management is included in this accreditation. DeVry is certified to operate by the State Council of Higher Education for Virginia. Arlington Campus: 1400 Crystal Dr., Ste. 120, Arlington, VA 22202. DeVry University is authorized for operation as a postsecondary educational institution by the Tennessee Higher Education Commission, www.tn.gov/thec. Lisle Campus: 4225 Naperville Rd, Suite 400, Lisle, IL 60532. Unresolved complaints may be reported to the Illinois Board of Higher Education through the online complaint system https://complaints.ibhe.org/. View DeVry University’s complaint process https://www.devry.edu/compliance/student-complaint-procedure.html Program availability varies by location. In site-based programs, students will be required to take a substantial amount of coursework online to complete their program.
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