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Master of Business Administration (MBA)

Career advancement in many occupations requires a Master's degree. The most common Master's degree is the MBA.

Most economics majors do not go directly into an MBA program. Typically, an economics major will work for 3 to 5 years after graduation as an analyst, consultant, or manager for a company before starting a full-time MBA program. Work experience at a well-known company is highly valued by MBA admissions committees. 

Coursework in the first year of an MBA program introduces students to each of the management functional areas with courses in accounting, finance, marketing, economics, organizational behavior, data analytics, strategy, supply chain, etc. Students typically do an internship during the summer after their first year. In the second year, students select courses in their chosen area of specialization. Companies send recruiters to interview MBA students and programs are ranked on the employment outcomes of their recent graduates.