MBA programs in Iowa offer students master’s degree programs in the field of business. MBA degrees are highly sought after in the business world and have long been the gold standard for many successful business executives. Admission to MBA programs, which are offered at universities and colleges, is competitive. Most programs require the student to have a bachelor’s degree, but it does not have to be in business. Other admittance requirements include completion of lower division business courses such as accounting, marketing, management, finance and economics and a certain level score on the graduate management admissions test known as the GMAT. Grade point average (GPA) also plays a big factor in the decision as students with good academic records are more likely to be admitted.