Most part-time MBA students finish the degree in about 2 to 4 years

There’s no blanket rule for MBA programs about how much work experience an applicant should have. However, an admissions officer at an Ivy League business school said that while they’ve seen great candidates with only a year of experience, they also saw applicants who would clearly benefit from more.

On average, the total investment for an MBA degree is more than $200K, which includes tuition, living expenses, lost income, and potential interest on student loans. This calculator can help you figure out your own future MBA degree’s estimated ROI based on your unique situation.

Referring to MBA programs as “corporate America’s breeding ground,” comedian Dan Toomey recently interviewed experts on MBAs like Adam Grant, as well as MBA students themselves, to get a better idea of why the degree is so popular. Warning: profane language and content.

MBA specializations allow students to concentrate on a specific field during their studies. Other popular concentrations include marketing, entrepreneurship, and consulting. Learn more about MBA specializations in this article.

The median starting salary for MBA graduates is roughly $120K. That’s significant when compared to the $69,320 median salary for bachelor’s degree grads. After inputting specifics (e.g., work experience and the country one studies in), this MBA salary calculator figures out a more accurate estimate tailored to you.

In 1908, Harvard launched the first modern MBA—and only admitted male candidates. The first full-year traditional female MBA students wouldn’t enroll at Harvard until 1963. Learn more about the history of the first women to receive their MBAs on Harvard’s website.

One expert even said that having an MBA from a prestigious school is “non-negotiable” for certain employers, such as elite management consulting, investment banking, and private equity.

From taking the GMAT or GRE to securing letters of recommendation from academic and professional references, the business school application can be a lengthy one. This article from the Princeton Review highlights the key things you need to do to apply to most MBA programs in the US.

Many MBA programs include classes structured around the “case method” rather than traditional lectures. In classes using the case method, students solve real-world business problems without being given the answers ahead of time, rather than listening to a lecture and taking notes.

Although Harvard is often cited as the most prestigious MBA program in the US (given that it is considered to have pioneered the modern version of the MBA), US News ranked the University of Pennsylvania’s Wharton as 2025’s best business school.

From the classroom to the boardroom, MBA students hear plenty of corporate jargon in their lifetimes (think: “bandwidth,” “turnkey solution,” “modularize,” and more). This website—a relic from the internet—includes an MBA jargon dictionary and a corporate BS generator tool that creates helpful phrases for office life, like “incubate synergistic e-markets.”

The Scientific Management movement was pioneered by Frederick Winslow Taylor in the early 1900s and posited managers should take a scientific approach to work, studying each task and system in the workplace from an objective lens. It’s still considered the backbone of modern management practices.

Women were the primary driving force behind the increase. In 1966, slightly more than 2% of all women in college studied business—but by 1985, that percentage had increased to almost 22%.

Although some banks report attempts to cap hours for junior employees at 80 hours per week, these employees often continue working many more hours than that. Goldman Sachs analysts, for instance, went viral back in 2021 when they put together a PowerPoint deck complaining of 100-hour work weeks and mental health struggles.

The CEO role is a complicated one, especially for those who haven't held it before. A recent study found that among CEOs who left their jobs in the first quarter of 2024, 15% held the job for less than 24 months. That's up almost 10% from 2019. This article highlights the challenges CEOs face in their first year on the job, and describes how they can overcome them. Read more here.

At some point in their careers, many investment bankers work on facilitating or advising clients on mergers or acquisitions. From analyzing industry group trends to deal negotiations, an M&A in investment banking explainer outlines how investment bankers handle these business transactions.

The "case method" style of education is core to most MBA programs across the country. Recent research posits that Wallace Donham’s (who is credited with establishing the method as a force at Harvard Business School in the 1920s) views on the method changed in later years.

Roughly 2 million Bachelor's degrees are awarded by colleges and universities in the US every year, but within that number there are big shifts in the popularity and decline of certain majors. This data visualization breaks down the biggest gainers...

While access to higher education led to improved outcomes across minority groups in the US, a significant gap exists in the average amount of debt held and the time it takes to pay back loans. This study found median Black borrowers still owed 95% of the principal two decades later.

During the three months that founders accepted into Y Combinator spend on YC’s California campus, they receive mentorship from YC partners, networking opportunities, and, overall, a ton of time to build and scale their companies.

Consulting is a popular career path for today’s top college students. A student newspaper article dives into a Yale University student’s brief love affair with the consulting industry, starting with a depiction of the interview process.

Some also refer to this group as “MBB.” As a nearly century-old company that’s well known for its prestige, McKinsey has some famous alumni—including Chelsea Clinton and Sheryl Sandberg. The other two consulting firms in the Big Three have employed some famous faces over the years, too.

Specifically, according to an article from careers site The Muse, a management consultant can be loosely defined as someone who is “a problem solver for some of the more complex business and org structures out there.”

Ray Dalio frequently says he was a poor student in high school and barely got into college. However, Dalio has said that he succeeded in college because he got to pick classes that interested him, like finance and economics. Dalio went on to earn his Master's in Business Administration from Harvard University in 1973.

That's according to a new study from Wharton. Y-Combinator, perhaps the most famous startup accelerator, currently has 16 alumni companies trading on the public market. But not every entrepreneur who joins a startup accelerator makes it big.

Working up to 120 hours a week, investment bankers help major corporations navigate IPOs, mergers, and more. Despite long hours and a high-pressure environment, investment banking remains a critical industry that shapes the global financial landscape.

Since the middle of the 20th century, higher education has been viewed as a stepping stone to well-paying professional careers for millions of Americans. But, it can be costly. As of 2024, annual tuition currently ranges from around $10K for an in-state, four-year public university to almost $40K for private institutions.

In 2024, Y Combinator Cofounder Paul Graham wrote a viral manifesto of sorts about a strategy he calls "founder mode." It's the opposite of what Graham calls "manager mode," which allows founders to hire executives who he says ultimately run the company into the ground.

The “Big Three” consulting firms—McKinsey & Company, Boston Consulting Group, and Bain & Company—and the “Big Four”—Deloitte, PricewaterhouseCoopers (PwC), KPMG, and EY—actually have a lot in common these days. But it wasn’t always that way.

In 2024, around half of all full-time employees polled by the National Alliance on Mental Illness reported experiencing burnout at their jobs. Around a third of all employees ages 18 to 49 had considered quitting their jobs due to workplace stress.

Every year, top consulting firms head to career fairs at Ivy League universities like Yale across the country. They end up recruiting a significant population of the student body by graduation.

With this structure, firms charge limited partners or "LPs" a 2% management fee for overseeing the fund (assets under management or AUM) and take 20% of the fund's overall profits (carried interest). Many private credit funds also operate under this structure.

Tracked by Cambridge Associates, 2024 performance saw limited partner distributions overtake contributions for the first time in years. Cambridge Associates, a leader in the space, typically uses a 2.0x+ MOIC (Multiple on Invested Capital) as a benchmark for top-quartile PE fund success.

Some argue Black Friday has gone from one day of the year, to two days of the year, including Cyber Monday sales, to, more recently, an entire week. In recent years, companies have offered steep discounts for a week at a time rather than just one or two days.

By early 2021, approximately 76% of private schools offered some form of in-person learning compared with 38% of public schools.

Because Advent always begins on the fourth Sunday before Christmas, its duration varies. When Christmas falls on a Monday, Advent is unusually short, and when it falls on a Sunday, it can be nearly four full weeks long.

Advertising executives working on Madison Avenue in the 1960s and ’70s popularized the so-called “three-martini lunch” between businesspeople during the work week. Admen of the time supposedly believed alcohol brought more creativity to the second half of their workday. This article explains why three-martini lunches are no longer commonplace.

Private schools can offer students specialized education and one-of-a-kind opportunities, but those often come with a price, with some schools charging close to six figures. Check out this list of the four most expensive American private schools, which charge more than most four-year colleges.

While both the New York Stock Exchange and the Nasdaq open at 9:30 am ET and close at 4 pm ET, some trading is allowed after that. After-hours trading was once only open to institutional investors and people with particularly high net worths. Now, with the advent of computers, anyone can trade stocks anywhere online, and those regulations have broadened.

The theory dictates that real estate markets tend to experience about 14 years of growth, including a mid-cycle dip, then experience four years of decline. Real estate experts in London discuss the theory in an article.

Mark Zuckerberg enrolled in Harvard in 2002 and studied computer science and psychology. He officially dropped out in 2005 to run Facebook, now Meta. When he returned to campus to officially drop out, he met with professors and students to recruit programmers for the company.