What is an MBA and what do you learn when you pursue one?

In today's world, where emerging technologies and artificial intelligence are redefining the business landscape, organizations seek leaders who are prepared to tackle strategic challenges and successfully manage teams. In this context, the MBA, or Master in Business Administration, has become one of the most valued educational options.

However, this degree goes far beyond administrative management. That is why, in this article, we will explore what an MBA is and how it can be a turning point in a professional career.

Objectives of an MBA

The primary objective of an MBA is to provide robust technical training in essential areas such as business strategy, operations management, finance, and marketing. This approach equips professionals with the necessary tools to drive organizational growth and competitiveness.

Development of managerial and leadership skills

In addition to offering solid technical training, these programs stand out for their focus on developing managerial skills. MBAs are designed to strengthen the ability to make strategic decisions under pressure, set clear objectives, and promote effective collaboration.

Differences between an MBA and other Master’s degrees

Unlike other postgraduate programs, MBAs stand out for their comprehensive approach. While traditional master's degrees tend to focus on deepening knowledge in a specific field, this training prepares professionals to have a strategic and global vision.

The profile of students also marks a significant difference. Master’s degrees are usually aimed at recent graduates seeking technical specialization, whereas MBAs are designed for professionals with prior experience.

Types of MBA programs

There are different types of programs, each designed to adapt to professionals' specific needs and career goals.

Full-Time vs. Part-Time

Full-time programs are designed for those who seek an intensive academic experience over one or two years. They offer total immersion in content and practical activities, allowing students to dedicate themselves fully to their studies.

In contrast, part-time programs are tailored for those who want to advance their education while maintaining their professional responsibilities, making them ideal for individuals who wish to apply what they learn immediately in their work environment.

Executive MBA and its characteristics

The executive format is aimed at professionals with established experience who seek to acquire advanced skills to assume higher-level positions. A distinguishing feature of these programs is the diversity of participants' profiles, which enriches discussions and collaborative projects.

Benefits of pursuing an MBA

Choosing this type of advanced education offers benefits that go beyond academics, impacting both professional and personal development. One of the main advantages is access to a global network of contacts, including students, faculty, and experts from various industries, opening doors to new job opportunities and strategic collaborations.

Additionally, developing skills to make decisions under pressure, lead teams in diverse environments, and solve complex problems becomes a valuable differentiator.

Requirements for enrolling in an MBA

To enroll in a Master in Business Administration, it is necessary to hold a university degree in any discipline. Additionally, certain requirements must be met:

Prior work experience

Between two and five years of experience is typically required, as this allows participants to contribute practical insights during sessions. In more specialized programs, such as executive formats, prior experience is even more relevant.

Admission tests and interviews

Another key stage of the process includes evaluations that assess skills such as logical reasoning, analytical competencies, and quantitative knowledge. Some institutions may also require a language proficiency test.

Personal interviews are also common, allowing admissions committees to assess the candidate’s motivations, professional goals, and how their profile fits within the group.

Study modes for an MBA

Depending on lifestyle and individual needs, students can choose from different formats:

On-Campus or online

The on-campus format offers an immersive academic experience, with direct interaction between students, professors, and campus resources. It is ideal for those who prefer hands-on learning, group dynamics, and face-to-face collaboration in a physical environment.

On the other hand, the online format allows students to balance their work responsibilities with the program. OBS Business School, recognized as one of the top three institutions in Latin America for studying an online MBA in Spanish according to the FSO Ranking 2024, is a benchmark in this modality. Its programs offer flexibility and innovative resources, enabling students to access high-quality content and live virtual classes from anywhere.

Areas of specialization in an MBA

These programs equip students with essential skills to lead transformations in both established and emerging industries.

Importance of choosing the right specialization

The impact of an MBA largely depends on the chosen specialization. Each area represents an opportunity to stand out, but selecting the right one requires evaluating both personal strengths and market trends.

In the healthcare field, the MBA in Healthcare & Pharma at EAE Business School Barcelona focuses on disruptive innovation, addressing current topics such as value-based medicine, the impact of digital transformation, and advanced technologies like IoT, Big Data, and Artificial Intelligence applied to human health, among others.

Similarly, the growing importance of sustainability in business has led to the creation of specialized programs like the MBA in Sustainability Management at EAE Business School Madrid, aimed at training leaders capable of designing and implementing sustainable strategies in their organizations.

Career prospects after obtaining an MBA

Higher salaries, access to strategic positions, and international career prospects are just some of the benefits that an MBA brings to students' professional careers, as demonstrated by concrete data.

According to the EAE Business School Employment Report 2024, graduates see an average salary increase of 52%, highlighting their preparation for taking on challenges in strategic and high-responsibility roles.

Additionally, many achieve what is known as the "Triple Jump," advancing in three key areas of their career:

37% change industries, exploring new sectors with high potential.

40% relocate their professional careers to another country, thanks to the international vision acquired during the program.

61% take on new roles, advancing into leadership positions within their organizations.

Sectors with high demand for MBA graduates

Graduates in business administration are sought after across a wide range of industries and organizations. From technology to healthcare, finance, and consulting, companies need professionals capable of leading change, optimizing processes, and making strategic decisions to improve competitiveness and adapt to new challenges.

Entrepreneurial opportunities

Moreover, MBA graduates are not only prepared to take on roles in large corporations but also to develop their own businesses, structuring, launching, and sustaining them over time. An MBA provides strategic training combined with practical tools to design solid business models, lead teams, and manage resources efficiently.

Considerations when choosing an MBA program

Selecting the right program requires evaluating key aspects to ensure that the education aligns with the student’s professional and personal goals.

Accreditation and reputation of the program

Programs accredited by international bodies such as AMBA, AACSB, or EQUIS guarantee quality standards that enhance the prestige of the degree. Accredited institutions offer programs endorsed by international organizations and are recognized in rankings and awards that reflect their academic excellence.

This recognition is no coincidence; it results from a constant focus on innovation, excellence in teaching, and the professional impact of their graduates. For example, programs like the Global MBA at OBS Business School, ranked in the Top 2 worldwide according to the FSO Ranking 2024, and the Executive MBA at EAE Business School, ranked the fourth-best in Spain by the QS Ranking, stand out for their ability to train global leaders.

Costs and expected return on investment

Although it requires a financial commitment, this type of education translates into tangible benefits such as access to better job opportunities, strategic roles, and a salary increase that, in many cases, allows for a quick return on investment.

Conclusions

It is clear that an MBA represents much more than management training; it is a tool to transform your career path and position yourself as a leader in a constantly evolving business environment.

Now is the time to take the next step. If you are considering advancing in your career or exploring new professional paths, choosing the right program will be crucial. The network of educational institutions of Planeta Formación y Universidades, recognized for their quality and international prestige, offers programs designed to meet your needs and goals. Take advantage of this opportunity!