What are the Differences Between an MBA and a Master's Degree?
All the important facts about these two degrees
First things first: When you plan your graduate studies, you have the choice between an MBA and a Master's degree.
The MBA is still a quite young academic degree, originating in the United States in the 20th century. It offers a scientific and practical approach to management and business. It covers various areas of business and gives you a broad fundamental knowledge in the different business disciplines. You also have the chance to change your carrer with an MBA. 64 % of all MBA graduates used their MBA to change their careers in 2012.
The Master's degree on the other side is a very old academic degree, originating in the 13th century in Europe. It focuses on the scientific analysis of business disciplines. The goal of a master's degree is the mastery of a specific business field.
Are you still wondering about exact the differences between the MBA and the Master's degree? Then you should look at the table down below, where we laid the hard facts out for you.
|Requirements|| || |
|Focus|| || |
|Structure|| || |
|Content || || |
|Goals ||To educate students to become a good manager in their specialization field and teaching them how to supervise and handle complex situations.||Advanced knowledge of a specialized body of theoretical and applied topics, high order skills in analysis, critical evaluation, or professional application and the ability to think rigorously and independently.|
|Professional prospects|| || |
Within the IBSA program you don't have to decide at all. The IBSA Dual Degree Master's Program offers various combinations of degrees, which means you can get both a Master's degree and an MBA. This means you will have the best from both worlds and increase your future career options.