Economic Factors of Creation MBA Program: Main Characteristics, Mission and Strategy (Case Study: USA)

Abstract

In this study we will examine the history of MBA program in the United States of America. Authors shall analyze the objectives of creating this kind of programs, the mission of the MBA program, the effect of tuition rate changes, the changing curriculum of the MBA program, the admission process in different universities and the varying forms and lengths of education. The main purpose of this paper is to understand why MBA program became so popular and sought after in the USA and in the world.