MBA vs Masters
MBA and Masters refer to two different academic courses between which some differences can be highlighted. MBA stands for Master of Business Administration. On the other hand, Masters refer to a qualification of specialization which can apply to many disciplines. One of the major differences between MBA and Masters is that MBA is a post-graduate degree that covers the subject of business administration only, whereas Masters is a post-graduate degree that offers specialization in several subjects including arts, commerce, and sciences.
What is MBA?
MBA is Master of Business Administration. It has varied branches such as financing, business, marketing, advertising, etc. A business professional would do well if he is qualified by the completion of MBA. You will have to undergo the MBA program for 3 years. However, there are two years MBA Programs too. A person with MBA has to complete Masters to get registered for Ph.D.
A student who has passed MBA gets well-acquainted with the nuances of business administration, marketing, and management. He can design business models on his own. A candidate with MBA can apply for jobs related to business management, consultation, administration, and marketing. Engineers and doctors can be very well placed with an additional qualification of MBA.
What is Masters?
Masters is all about specialization in one particular field. For example, you should have completed Masters in Marketing if you are to get a job in the field of marketing. In other words, Masters in marketing is viewed as an additional qualification that adds more weight to the MBA degree that you possess. A marketing professional would shine well if he is qualified by the completion of Masters in marketing. In a way, Masters is a kind of degree that gives you specialization in the subject.
It will take two years to complete Masters Program. After completing Masters, you can get registered for Ph.D. as well. There are many universities that prescribe Masters as the minimum qualification to register for Ph.D. A student who has completed Masters, on the other hand, gets specialization in the subject concerned. He becomes fit to be appointed as an educator, consultant or as a research assistant.
What is the Difference Between MBA and Masters?
Definitions of MBA and Masters:
MBA: MBA stands for Master of Business Administration.
Masters: Masters refer to a qualification of specialization which can apply to many disciplines.
Characteristics of MBA and Masters:
Branches:
MBA: MBA consists of many branches of study such as financing, business, marketing, advertising, etc.
Masters: In Masters the concentration is on one particular field.
Duration of the program:
MBA: The duration is three years.
Masters: The duration of the course is two years.
Registration for Ph.D.:
MBA: An MBA, on the other hand, has to complete Masters to get registered for Ph.D.
Masters: After completing Masters you can get registered for Ph.D. as well.
Employment:
MBA: The individual can be appointed as an educator, consultant or as a research assistant.
Masters: The individual can apply for jobs related to business management, consultation, administration, and marketing.
Image Courtesy:
1.”Inside a Harvard Business School classroom” by HBS1908 – Own work. [CC BY-SA 3.0] via Wikimedia Commons
2.”Harvard University Academic Hoods” by Joe Hall [CC BY 2.0] via Wikimedia Commons
