The Master of Business Administration (MBA) is an internationally-recognized degree designed to develop the skills required for careers in business and management.
The value of the MBA, however, is not limited strictly to the business world. An MBA can also be useful for those pursuing a managerial career in the public sector, government, private industry, and other areas.
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In a difficult job market, professionals often attend graduate school in order to compete with other job-seekers or increase their skills for a current position. Both master's and MBA degree programs offer attractive options, including part-time and distance learning.
What is a difference between an MBA and a Master degree
Students treat MBA Degree as terminal degrees, using the program to further a career or seek higher wages. Some graduates continue on to complete a Doctor of Philosophy program. Professionals starting out in a particular career may find pursuing a master’s degree in the field more advantageous to their jobs than an MBA.
A graduate degree program can provide greater knowledge and advanced training, and those with a master’s or MBA may demand a higher salary than an employee with just an undergraduate degree. Depending on the student’s career path, returning for an MBA degree to learn specialized management skills may lead to more career opportunities.
An MBA is a type of master’s degree, with a specialization in business administration. An MBA or a master’s degree in a different topic are typically pursued after completion of an undergraduate degree in a related field and can serve to further the student’s career and professional goals. Some MBA programs offer additional credits to include a specialization to complement the general management courses.