Business school explained to kids

A business school is a university-level institution that confers degrees in business administration or management. Such a school can also be known as school of management, school of business administration, or, colloquially, b-school or b-school. A business school teaches topics such as accounting, administration, strategy, economics, entrepreneurship, finance, marketing, and organizational behavior. Most business schools are colleges or universities that offer undergraduate degrees (Bachelor of Business Administration or BBA) and graduate degrees (Master of Business Administration or MBA, as well as other master's degrees). In addition, many business schools offer executive education programs. The first business school in the world was the Ecole Supérieure de Commerce de Paris, which was founded in 1819. The first business school in the United States was the Wharton School of the University of Pennsylvania, which was founded in 1881. Business schools are typically organized into several different academic departments, each of which focuses on a different area of business. Common departments include accounting, finance, marketing, management, and information technology. Business schools typically offer a wide variety of degree programs, including BBA, MBA, and Ph.D. programs. In addition, many business schools offer executive education programs for business executives and other working professionals. Business schools are accredited by national or regional accreditation bodies. In the United States, the most well-known accreditation body for business schools is the Association to Advance Collegiate Schools of Business (AACSB). There are several thousand business schools worldwide, including more than 500 in the United States.