MBA is an abbreviation for a Masters of Business Administration degree. It is a widely sought after degree and requires an additional two years of graduate work. A master’s degree in any field generally means a higher paying job upon graduation. MBA is a very popular degree, with many schools, both domestic and international, offering them. It is not required to go full time to obtain and MBA; the majority of schools have programs specifically geared toward part time and long distance students. » Read more..