Every newly established workplace or company is a business enterprise. Therefore, it is highly beneficial for the smooth and successful operation of a company that everyone involved—from the owner to the managers, as well as employees working in positions requiring specialized knowledge such as accounting, marketing, research, and production—be equipped with business administration knowledge.
The fact summarized above has significantly increased the desire of individuals with a bachelor’s degree in business administration to pursue graduate studies in the field, in order to acquire more advanced and specialized knowledge and skills beyond the undergraduate level and to utilize their expertise in a more versatile manner. On the other hand, this same fact has also led to the creation of an educational path for professionals from other disciplines, enabling them to pursue graduate education in business administration to close their knowledge gap in the field, improve their ability to interpret situations, make future-oriented forecasts or predictions, and, above all, develop the competence to make rational business decisions.
This educational path, often including a short “scientific preparatory” period to provide fundamental business knowledge, has ultimately become a globally popular educational option due to its intensity and relatively short duration.
Undoubtedly, business professionals who wish to advance in the field of science must also go through the graduate education phase. As a result, in the 21st century, three main reasons have emerged for pursuing graduate education in business administration. Accordingly, efforts to better adapt graduate programs to these threefold reasons have led to the development of certain solutions.