A Master’s of Business Administration, or MBA, is an advanced degree that people get to further, or begin, their studies in the field of business. An MBA requires two years of study. In order to get into an MBA program, applicants have to take a standardized test called the Graduate Management Admission Test, or the GMAT. This is a way of measuring one’s aptitude for graduate studies in business. There are thousands of MBA programs all over the world. For most jobs, an MBA is not a required degree. However, many people choose to get an MBA simply to learn more about business and help to make them more qualified for certain positions. Additionally, many people say that getting an MBA is a good idea for people who want a change of pace, or even change of path, in their career. By taking these business classes, students then get ideas about what they want to do next in regards to their careers. Some employers will even pay for their employees to go back to school and get an advanced degree. There are many business-related firms that will pay for employees to go back to school and get their MBAs, which really helps the students financially.