MBA Essentials Explained: 104 Flashcards on Accreditation, Core Courses and Program Formats
Master MBA essentials with 104 flashcards: AACSB, AMBA and EQUIS accreditation, GMAT vs GRE, core and elective courses, EMBA formats, capstone and dissertation.
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Most people googling "what is an MBA" get a brochure. What you actually need before applying, or before an admissions interview, is the vocabulary: accreditation bodies, program formats, the core-vs-elective split, and how the capstone and dissertation work. The Flip It deck MBA Essentials (deck code AJ2643, 104 cards) compresses all of that into flashcards you can finish in a few evenings.
Study this deck: MBA Essentials
1 / 10MBA
Tap the card for the answer · swipe right if you knew it, left if not
Ten cards to test yourself on
| Front | Back |
|---|---|
| Three most important accreditations for MBA programs globally | AACSB, AMBA and EQUIS |
| Triple accreditation | Holding all three: AACSB, AMBA and EQUIS |
| Two main entrance exams for MBA programs | GMAT and GRE |
| Core functional courses in an MBA | Financial management, human resource management, marketing management and operations management |
| MBA degree capstone | Coursework in business strategy |
| What level of work experience do EMBA students typically have? | Often 10 years or more |
| Mini-MBA | A training regimen focused on business fundamentals, typically under 100 hours of total learning |
| Delta Mu Delta membership requirement | Top 20% with a GPA of at least 3.6 after completing half of the program |
| First course to bear the title of MBA in the UK | The 12-month course launched by the University of Strathclyde in 1966 |
| Busiest German MBA accreditation agency | FIBAA |
Everything the deck enumerates
- Program formats: full-time two-year, accelerated (summer break removed, 7-10 days off), part-time, modular, evening or second-shift, executive (EMBA), full-time executive one-year, blended learning, dual degree (MBA + MS, MA, MEng, JD), 5-year BBA/MBA, Mini-MBA.
- Admissions: GMAT, GRE, undergraduate GPA, work experience (5+ years at top-tier programs), essays, recommendations, HND/HNC as UK entry routes, admissions consultants and why committees dislike them.
- Curriculum: core analytical courses (accounting, managerial economics, organizational behavior, quantitative analysis); core functional courses; ethics, CSR and corporate governance; electives such as entrepreneurship, international business, MIS, business law and market research; strategy capstone; research methodology; dissertation or major project; business simulation; comprehensive exit exam.
- Accreditation and honor societies: AACSB, AMBA, EQUIS, CAHME (healthcare management), FIBAA, the Austrian Accreditation Council, CPC COMP Exam, Delta Mu Delta, Financial Management Association, T10.
- Global landscape: Indian Institutes of Management, Singapore Management University and NUS, Korea's BK21 project, Germany's Diplom-Kaufmann and the Bologna process, Finland's Tradenomi (YAMK), why Swiss programs teach in English, the spread of the MBA from the US to Canada (1950), Asia (1953) and Europe (1957).
- Pedagogy: case method with incomplete information, team projects, syndicates, action learning, field immersion with real clients, company visits and CEO guest lectures.
Tips for retaining this deck
Group the acronyms by what they accredit. AACSB, AMBA and EQUIS accredit schools and programs broadly; CAHME is only for healthcare management; FIBAA is the German workhorse. When a card asks "who accredits X", first decide the geography or specialty, then the acronym. Mixing these up is the most common error in this deck.
Learn the curriculum as a timeline. Year one: core analytical and functional courses, then an internship. Year two: electives towards a specialization, the strategy capstone (formulation, then execution), research methodology, dissertation or major project, exit exam. Cards 12-33 and 77-96 all fit somewhere on that line, so reciting the sequence gives you the context for each answer.
Suggested pace
Do 35 cards a day for three days, then a full mixed review on day four. Flip It reschedules the accreditation and honor-society cards more often, since those are the ones that take longest to stick.
To open the deck, log in to Flip It and search for AJ2643 in the library.
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