The MBA degree actually originated in the United States in the 20th century when changes were made in manufacturing. The first business school to offer an MBA program was The Wharton Business school. The original areas of focus primarily involved accounting and finance.
You must complete a four year bachelor degree prior to applying to a business school to obtain an MBA degree. Another thing to consider when applying to an MBA program is your graduate management admission test (GMAT) score. The GMAT score, along with your undergraduate grade point average (GPA), work experience and application essays, can really impact whether or not you are accepted into a degree program.
Once accepted into an MBA degree program, your next task is to choose your focus. The main areas of focus, which may vary from school to school, are as follows: accounting, finance, economics, health care management, human resource management, management, marketing and media. You can choose more than one area of focus if you are willing to put more time into your work and possibly take some extra courses.
While working towards an MBA degree, the most important thing a student will learn is an understanding of business. MBA students work in a active learning environment, meaning that they don't just learn on paper; they often work in groups. To obtain an MBA degree, a student must prepare reports, presentations and group projects. These skills help each student handle real-life business situations.