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What Is an MBA? All About the MBA Degree and MBA Programs

Who is an MBA degree for?

There is no typical MBA student. While historically MBA students pursued careers in finance or consulting, the average MBA class today is filled with students from a wide variety of professional backgrounds.

There are 69 nationalities represented in the Harvard MBA class of 2022. Forty-four percent of students are women and 45 percent are US minority students. Students come from the technology industry, manufacturing, healthcare, nonprofits, the media, and the military, as well as finance and consulting.

At INSEAD, 88 nationalities are represented in the MBA class and students come from academic backgrounds ranging from business and engineering to the arts and political sciences.

According the Graduate Management Admission Council™ (GMAC™), the top career motivations for prospective MBA students include: salary increase, promotion to senior positions, managing people, and working internationally—and these benefits are just some of the many reasons to get an MBA.

What Is an MBA? All About the MBA Degree and MBA Programs

Whatever your background, if you want to learn management skills and advance your career, the MBA is for you; whether you want to start your own business, progress within your current company, switch function, industry, location, or all three at the same time.

“An MBA is not just designed to equip students for their next job post-graduation; it’s a life changing experience that enables students to make career changes five, 10, and 15 years post-MBA, thanks to the skills they learn and the network that lasts long after graduation,” says Virginie Fougea, global director of admissions and financial aid at INSEAD.

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