An MBA (M.B.A) is referring to the master of business administration; it is an internationally recognized degree program. MBA is designed to develop career skills required in business and management, but it is not limited to business but only, it can be also beneficial for the managerial career in the government sector and any industry. The core curriculum of the MBA includes accounting, economics, and marketing; it also includes IT. The standard MBA colleges require few years of experience in the field, and there is the admission test that requires passing the score to get admission in renowned MBA colleges. GMAT (Graduate Management Admission Test) or GRE (Graduate Record Examination) and CAT (Common Admission Test) only in India.