Graduate Vs. MBA
Begin with the doctoral school may be a huge commitment,
especially if you already have a full time job. That's why it's so
important to know if you want to pursue a master of business
administration or other master's degree before applying to Grad
School. Getting your master's degree can be a big expense, but well
researched and completed the MBA or master's degree can be an
excellent career investment and help you move up the career ladder.
What is an MBA?
According to the Association of MBAs, "The Master in Business
Administration (MBA) degree is internationally recognized and is
seen as a passport to a successful management career." An MBA
generalist expertise allows students on a series of
business-oriented disciplines such as statistics, accounting,
finance and management. In General, full-time MBA students take
between one to two years to complete their education. MBA programs
normally require 30-to-60 credits.
What is a master's degree?
Like an MBA, a doctoral degree allows a student to become an
"expert" in his or her area of expertise. In fact, an MBA is a type
of master's degree. But the range of traditional graduate degrees
are much more diverse, ranging from the Liberal Arts (English
literature, art history, religion) to social science and natural
science (economics, psychology, biology). Graduate degrees may
require between 30 and 120 points and may include degrees, such as
an MA, MS, Ed's or doctor's degree. A master's degree can take
between one and eight years to complete.
Which is a better choice?
When it comes to trading and finance,
Microedu suggests that if
you want to become a general manager, CFO or division President, an
MBA can be the way to go. But if you prefer to be an accountant,
Economist, or to pursue a career in another other non-conducting or
leading role, a master's degree can give you more specialized
knowledge to succeed and move up in your area of choice. In General,
those in business or finance world, who want to pursue a master's
degree, but do not want to do an MBA graduate degrees in accounting,
consider financial, statistics or management, among others.
MBA and graduate degree varies by program and degree of freedom of
choice. For most degrees, the minimum requirement is a bachelor's
degree at an accredited college or University. In addition, some MBA
programs require five-to-10-year professional practice. Because of
the wide variety of master's degree programs available, you need to
research different universities and programs to find out about
specific requirements, although it usually helps to have a
bachelor's degree in a related field or have related work
experience. Some MBA programs require you to complete an internship.
Most MBA programs require prospective students to take the GMAT
(Graduate Management Admission Test), while most MSC program
requires prospective students to take the GRE (Graduate Record
Exam). Some schools have minimum score requirements for specific
programs, so it is important to do your research before applying. In
General, the more competitive your application, the higher your test
results should be.