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Facts on MBA Programs usually base admissions on the GMAT test, significant work experience, academic transcripts, essays, references, and personal interviews. Schools are also interested in extracurricular activities and community service activities. The latter is more important for what are considered top-tier full-time MBA programs. An MBA is considered a professional Master's degree as well as a traditional or academic Master's degree. However, completion of a professional MBA does not usually preclude admission to a Ph.D. (program for research-oriented engagements) although it could be helpful. Schools that offer the MBA are usually known as either management or business schools.

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