MBA, or Master of Business Administration, is a postgraduate degree granted to students who have demonstrated high level of knowledge and professional abilities in the field of business administration. The MBA serves as a reputable professional qualification and is highly respected in the business world. Some of the qualities that set the MBA apart from other master’s degrees are leadership, initiative and individual excellence, which are the best prerequisites for an exceptional career in management and entrepreneurship. Typically, undergraduate qualifications and prior experience in the field are required to enroll in an MBA program. The degree serves as evidence of talent, effectiveness and professionalism, along with ambition and determination to achieve individual excellence.