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The Master of Business Administration MBA ; also Master's in Business Administration degree originated in the United States in the early 20th century when the country industrialized and companies sought scientific management. Most programs also include elective courses and concentrations for further study in a particular area, for example, accounting, finance, marketing, and human resources. MBA programs in the United States typically require completing about forty to sixty credits sixty to ninety in a quarter system , much higher than the thirty credits thirty-six to forty-five in a quarter system typically required for degrees that cover some of the same material such as the Master of Economics , Master of Finance , Master of Accountancy , Master of Science in Marketing and Master of Science in Management.