The core components of an MBA program, as explained by MBAPrepAdvantage's Michael Cohan.
Business school academics usually consist of an MBA core curriculum, electives, majors, experiential learning opportunities, and leadership training. The pedagogy tends to take the form of case studies and lectures.
The specific curriculums, programs and courses of the schools mentioned below serve as an indication of the different offerings and approaches available to MBA candidates. The focus is on two-year programs at US schools.
MBA Core Curriculum
The first year of your MBA program is designed to give you a strong foundation in each of the business disciplines. It will, therefore, consist of core classes in financial accounting, microeconomics, corporate finance, human resources (sometimes called organizational behavior), marketing management, operations management, statistics, and business strategy.
MBA core curriculums differ in flexibility and the number of required classes as well as in approach. HBS’s ‘Required Curriculum’, for example, covers the entire first year and is designed to give students a common foundation in business while Columbia’s ‘Core Curriculum’ is more streamlined, so students can more quickly focus on electives.
Chicago Booth has advanced alternatives that can substitute for basic courses students might have already taken (such as Accounting & Financial Analysis I or II instead of Financial Accounting). Yale SOM, on the other hand, integrates cross-functional perspectives such as competitor, customer, investor, sourcing funds, which touch upon multiple business disciplines.



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