Business education in a global educational market

Abstract

Over the last century globalization has resultet in major changes in the standart of living around the world through trade and the exploit of comparative advantages. The process has spread to the servise indastry which includes education. In fact, originated in the early twentieth century MBA (Master of Business Administration) gradually become a key to success in big business-education, because the basic concepts and approaches in business, common throughout the world. In a sense, the top MBA business education becomes one of the most important things. Today, about twq thousand higher education institutions in the world offering more than four thousand different programs, at which graduates get an MBA.