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Emerging MBA markets

Originally, the MBA was a typical U.S. degree. The Master of Business Administration emerged in the U.S. at the end of the 19th century as America became more and more industrialized. Over time many other Western countries took on the degree and only a few years ago even emerging markets jumped on the train. By now the so called BRIC countries (Brazil, Russia, India, China) have fully embraced the MBA education for example. These days the trend is spreading further and further. Who would have thought the following possible a few years ago?

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