An MBA, Master of Business Administration is a postgraduate qualification centered on the administration of businesses. The essential courses in an MBA curriculum encompass diverse aspects of business administration, including accounting, applied statistics, human resources, business communication, business ethics, business law, strategic management, business strategy, finance, managerial economics, management, entrepreneurship, marketing, supply-chain management, and operations management, in a manner most pertinent to management analysis and strategy. This degree originated in the United States during the early 20th century, as the country underwent industrialization and companies sought to implement scientific management practices.