Financial Reality MBA.

The Faculty of Economics, designed the Master Program in Business Administration in response to the high demand for professionals that were developed in the region, you can perform high-level systematic studies in the areas of Business Management, and with a body academic postgraduate in related disciplines.

By decree of the day November 28, 1996, the Master in Management Program was created dependent Companies of the Faculty of Economics and member of the Department of Business Studies at the Catholic University of the North. This aimed at obtaining the academic degree of Master of Business Administration and initially was given in academic collaboration with the University of Deusto in Spain and established agreements with the University of Pforzheim in Germany and the Ecole Superieure de Commerce et Le Havre program Caen in France. This program began dictating his in the cities of Antofagasta and Calama.

In 1997, motivated by the training of professionals and entrepreneurs, who could exercise effective strategic leadership in finding and implementing innovative solutions to business management situations was begun the first version of the Master Program in Business Administration, where 22 professionals are graduates 2000.

Result of agreements with foreign universities the program has counted among its students with professional from Germany and France. He has also made versions in the cities of Cochabamba and Sucre in Bolivia.

In 2009 the Master in Business Management program happened to be assigned to the Department of Management, Faculty of Economics and Administration of the Catholic University of the North.

Currently the Master in Business Management program is in its eighteenth version, and already has more than 200 graduates practicing various management positions in major companies both regionally and nationally.

History of MBA begins in mid last century, when the administration business was strengthening as an academic discipline, Western Europe and the United States enjoyed a relative economic and political stability that justified the profitability of projects of long-term research. In Latin America, with major economic turbulence, dictatorships and periods of hyperinflation, universities afford to invest too much for the educational needs of their societies and teachers are not given: the engineering and economics programs were perhaps exceptions.

The first MBA in Latin America were created in specific university departments with a certain level of autonomy or, more commonly, as business schools, supported by agreements between the governments of the United States and countries of the subcontinent.

In 1958, the Getulio Vargas Foundation launched its "Post-Course Business graduação em Administração" in San Paulo, Brazil, which can be considered the first MBA open in the region. By then, the other side of the Atlantic Ocean was beginning the first MBA program in continental Europe (INSEAD, 1959).

In 1963, the ESAN was created (School of Graduate Business Administration) in Lima, Peru and its initial development relacionón with the Business School of Stanford University, California. In 1964 he born the EGADE (Graduate School of Business Administration) of the Tec de Monterrey. That same year INCAE (Central American Institute of Business Administration) was founded at the initiative of six Central American countries (Guatemala, El Salvador, Honduras, Nicaragua, Costa Rica and Panama) and the local private sector, with technical supervision and support in the teaching at Harvard Business School.

INCAE development initiative received its initial boost after the trip of JF Kennedy, President of the United States in 1963 to Central America to promote political and financing of the Alliance for Progress as a brake on the advance of the "communism" and Cuban revolution in the region. His first MBA ("Master of Business Administration") was released in 1967. The IPADE (Panamerican Institute of Business Administration) was founded in 1967 and is linked to the network of Opus Dei.

It also follows the Harvard case method and precedes the founding of the Pan American University where he is now incorporated. The business school at the Autonomous Technological Institute of Mexico on the campus of Santa Teresa began operating in 1973, based on a long institutional tradition of teaching economics, mathematics and econometrics, ie, a close approach to the Chicago School at least Stanford case method.

MBA has developed a unique way of learning, preparing our students through doing, decide and create, allowing us to provide them with character and fundamental skills that last a lifetime.

As a way to strengthen their commitment to students and the country, in 2002 they signed a partnership agreement with Babson College, the school No. 1 in the world in entrepreneurship education. This has allowed reformulate our program through a mesh of innovative studies. Thus, the MBA-UDD has been recognized in the first place in entrepreneurship among the 20 best business schools in Latin America.

The MBA-UDD leadership program has been based on our ability to form practices to successfully manage the complex world of business skills.

His students are trained in a rigorous curriculum, where we value and reward initiative, work well done and the ability to search and profitable opportunities. To achieve these challenging goals we have assembled a first-rate faculty, which combines the best of academia and business. This effort and commitment has been reflected by being recognized as one of the programs with the best faculty in Latin America.

To strengthen its commitment to the formation of entrepreneurial leaders have a Graduate Building, world-class infrastructure which will enable further boost the creativity and skills of our students, giving them an ideal space for networking, business creation and development spirit and entrepreneurship.