MBA stands for Masters of Business Administration, and is a position graduate degree in discipline of commerce. It is also one of the requisite after graduate degrees in the world because of its worth to people in business and administration. An MBA degree can benefit those business man and trader that are positioning in business and organization, mainly those in administrative and decision-making positions. An MBA degree from a leading institution in the US has great value throughout the world and thus there are thousands of students from various countries who come to the US for the sole purpose of pursuing an MBA degree even though their own country may offer several MBA programs.