[dropcap]T[/dropcap]he MBA (Masters in Business Administration) has a fascinating history. As a matter of fact, the degree itself is actually rather new. The degree has that kind of cachet – a reputation that rises above any other sort of business degree, mainly because it conjures images of investment bankers and jet-setting hedge fund managers While some of this might true, the reality is far from the truth. It has certainly become a must-have for any student aspiring to become tomorrow’s business executive. However, many will be surprised when they hear that its history goes right back to before the beginning of the twentieth century. Yes, you heard it right, it was not that long ago that such a degree did not exist.