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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.

Requirements
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.


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