The
Master of Business Administration (
MBA or
M.B.A.) is a master's degree in
business administration (management). The MBA degree originated in the United States in the early 20th century when the country industrialized and companies sought
scientific approaches to management. The core courses in an MBA program cover various areas of business such as accounting, finance, marketing, human resources and operations in a manner most relevant to management
analysis and strategy. Most programs also include
elective courses.