MS vs. MBA: Differences and which one you should choose!

MBA is an abbreviation for Master of Business Administration. As implied by its name, this degree imparts comprehensive knowledge about managing a business from both broad and detailed viewpoints. The duration of an MBA program generally ranges from 10 to 24 months. A program lasting 10 to 15 months is often termed an accelerated program, whereas a 24-month program is referred to as a full-time degree course.

MBA specialisations cover diverse areas such as Finance, Marketing, Human Resources, Operations and more. Additionally, there is an executive MBA program designed for individuals with prior work experience, featuring a shorter duration.

Institutions that are not affiliated with universities also offer programs that are equivalent to an MBA in nature. These are usually referred to as diplomas/programs in management.

Eligibility criteria

There are various MBA degree options available, including popular choices such as two-year full-time MBA programs, post-graduate diplomas in management, flexible MBA, part-time MBA, and executive MBA (EMBA). It's advisable to select the type that aligns best with your goals and eligibility.

Each institution sets its minimum eligibility criteria, so it's recommended to visit their website to determine whether you meet the requirements before submitting your application. Typically, you will need documents such as past merit certificates, a resume, Letters of Recommendation (LOR), and experience certificates.

Some institutions may also request specific GRE/GMAT scores as part of the application process, which could be used to shortlist candidates for interviews. For an EMBA, work experience of 2-4 years is usually required.

Career scope

An MBA degree opens door to various opportunities. It focuses on your overall development and provides a scope of specialisation, making MBA graduates the first choice of all employers. Given the dynamic environment of today where most jobs want candidates to be a multi-tasker, MBA graduates always have an advantage over others.

An MBA program is structured to boost your strategic thinking, communication, time management, networking and creativity. Additionally, it contributes to the development of an impressive resume.

There are many differences between the two degrees as follows:

MS, an abbreviation for Master of Science and commonly known as MSc in various countries, is an academic program primarily focused on subjects within the domains of science, technology, engineering, and mathematics, collectively known as STEM.

The MS curriculum blends theoretical knowledge with hands-on practical applications, often necessitating the completion of a project, thesis or research paper to fulfil degree requirements.

The standard duration for a full-time MS program is typically 1-2 years, with variations depending on the extent of involvement in research projects.

In many universities, MS may also be available for subjects like business functions including communications, finance, human resources, and marketing.

Eligibility criteria

To enrol in an MS program, you must have a bachelor's degree, provide evidence of English language proficiency (e.g., IELTS score of 6.5 or above), submit GRE/GMAT scores, and include a Statement of Purpose (SOP) and Letters of Recommendation (LOR), among other requirements.

However, specific institutions may have unique criteria, so it's advisable to check the official website of your preferred institution for precise details before submitting your application. For a smoother process, you can also get in touch with international education experts at IDP who can help you out with the entire process of your study abroad journey.

Career scope

Students who pursue MS are in high demand by industries that specialise in specific sectors. Pick up any Fortune 500 organisations like Microsoft, Google, Accenture, Capgemini, Cisco and Amazon and you’ll find that many MS professionals there are in top demand with hefty salaries.

With both commonalities and differences considered, both MBA and MS provide excellent career opportunities. If you find yourself in a dilemma and are unable to choose the best option, you can always reach out to us at IDP, and our experts can help you find the path to your dream career.

In the academic hierarchy, the question of whether an MBA (Master of Business Administration) is higher than an MSc (Master of Science) is a common dilemma. While both degrees have their unique merits, the MBA is often perceived as a higher qualification in terms of its emphasis on leadership, strategic management and broader business acumen. However, it's crucial to note that an MSc holds significant value in specialised fields of science and technology, providing in-depth knowledge and expertise.

The financial implications of choosing between an MBA and an MSc extend beyond tuition costs, encompassing earning potential and career advancement. On average, MBA graduates tend to command higher salaries due to their comprehensive business skill set and leadership training.

However, MSc graduates are highly sought after in specialised industries for their deep understanding of scientific principles and technological advancements.

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