The Master of Business Administration (MBA) originated in the US and has more than 100 years of history. There are about 100,000 students completing MBA courses each year in the US, accounting for more than half of the total number in the world. Since the formal establishment of the Harvard Business School in 1908, the number of MBA graduates in the United States has exceeded 1 million. MBA graduates are active in all fields, including finance, entrepreneurship, technology, production, politics and more – playing important roles on the US and global world stage.