The Master of Business Administration (MBA) is a master's degree in business administration, which attracts people from a wide range of academic disciplines. The MBA designation originated in the United States, emerging from the late 19th century as the country industrialized and companies sought out scientific approaches to management.
The core courses in the MBA program are designed to introduce students to the various areas of business such as accounting, finance, marketing, human resources, operations management, etc. Students in MBA programs have the option of taking general business courses throughout the program or can select an area of concentration and focus approximately one-fourth of their studies in this subject.
Which of the following statements is true?
|This designation originated in the United States.|
|MBA core courses occupy one-fourth of a student's studies.|
|The first MBA was given by a university in Canada.|
|An MBA student must choose an area of concentration.|