Current economic and market conditions have resulted in challenging and intensified competition amongst all companies and organizations. Sustainable success in such an environment requires that companies and organizations utilize a managerial workforce that possesses specialized knowledge, practical skills and a businesslike attitude. It seems that due to the predicted fields of specialty covered within it, an MBA program is the answer to this vital demand of companies as well as individuals who intend to work in top companies. It is worth noting that in the past 30 years, graduates of these programs have consistently enjoyed higher employment rates, salaries and job benefits compared to other professions. Such that Bachelor’s degree holders in many other disciplines prefer to continue their higher education in this field instead of their own.