An MBA has been a cornerstone of business education since its origin in 1908. The degree is designed for those seeking leadership and management roles who could benefit from expertise in multiple areas of business.
Lauren Heller, a professor of economics and dean of the Campbell School of Business at Berry College, compares a high-quality MBA to a Swiss army knife or a toolkit of highly applicable business skills. The coursework in this degree should be less about memorization and more about synthesizing and applying accounting, finance, strategy, marketing and operations in real-world scenarios. For example, a strong MBA program will require significant group work and strategic thinking to mirror the experience of being a part of a corporate team.