An MBA stands for Master of Business Administration. It is a postgraduate degree focused on business administration, and the core courses in an MBA program cover various areas of business administration such as accounting, finance, marketing, and human resources. The MBA is a terminal degree and a professional degree, and accreditation bodies specifically for MBA programs ensure consistency and quality of education. Business schools in many countries offer programs tailored to full-time, part-time, executive, and distance learning students, many with specialized concentrations. An MBA degree provides theoretical and practical training for business or investment management, and it is designed to help graduates gain a better understanding of general business management functions. MBA students can also focus on other aspects of business, like finance or risk management. While the MBA is a generalist degree, you can specialize in areas you’re interested in, and business schools offer various MBA specializations including MBAs in healthcare management, business analytics, entrepreneurship, finance, marketing, and HR.