The MBA (Masters of Business Administration) is a generalist qualification, designed to widen the horizons of business professionals. It takes into account all the major functions and practises of a business, including:
- Production and marketing of goods and services.
- Finance procedures.
- The economic and legal environment and the social framework.
- Accounting, quantitative methods and management information systems.
- Human resource development at both the personal and collective level.
The MBA is the world’s most popular postgraduate degree. Each year around 90,000 MBAs graduate in the US and around 10,000 in the UK. So what do all these MBA students learn? Here’s a typical list of subjects:
- Marketing
- Accounting
- Organisational Behaviour
- Quantitative Analysis
- Finance
- Operations
- Economics
- Strategy
- Management
Some of the course also offer additional courses relative to their specialisms for example in retail, construction or finance. While subjects such as organisational behaviour are of less immediate use to an entrepreneur marketing, finance, quantitative analysis, strategy, economics and finance all offer skills and knowledge that is immediately applicable to most entrepreneurial businesses.
This blog is about business opportunities and ideas that I spot, think of or hear about and think are useful and interesting. It is intended to provide ideas and inspriation for you to help you find the right business idea for you to then grow it into a successful business.
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