MBA stands for "Master of Business Administration". It is an internationally recognized post-graduate program that equips students with the necessary skills to make a career in business and management. MBA is a two-year postgraduate degree program in business administration. The degree offers both practical and theoretical knowledge in business, finance, and investment management. MBA degrees can be offered in various modes, such as online MBA, part-time MBA, distance MBA, integrated MBA, and executive MBA. The total duration of a full-time MBA degree program is two years, equally segregated into four semesters. MBA courses have various specializations, such as accounting, financial management, cost and management accounting, human resource management, marketing, and strategic management. MBA 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. Many schools now offer specialty programs, like sports management, the entertainment business, or healthcare management. Executive MBA programs are available for experienced professionals who cannot commit to a full-time schedule. MBA programs may be full-time, part-time, online, or international, and each program usually has a varying degree of requirements for acceptance.