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MBA or masters in business administration is a term made popular in the U.S.A. as compared to MSc Management [Masters of Science in Management] which is said to have a European origin. Now this is a very common query in the minds of aspiring students who wish to complete their post graduation in either of the above mentioned fields. Many people get confused understanding the concept of MBA and MSc and often mistake it for being a single course. However, that is not the case. MSC in Management is more focussed on the theoretical study of the concept of management and its application while MBA deals in the practical knowledge of the subject with training in real world business environment.
Enlisted below are certain features unique to each of these courses which will give you a fair enough idea about what to expect from both MBA and MSC in Management
This study programme explores the academic orientation for a particular field that comes under management. It is a research based study of any specialised area which usually requires a dissertation before receiving the degree. This course is suitable for all those new graduates who have no previous recognised work experience. With the help of MSc Management, you can step out further in the field of academics and work towards your thesis. Mostly, it is believed that an MSc degree is preceded by a non-business background. It would be considered apt if you can mention your specialized field in which you have done your MSc. Also, you can add this acknowledgement after your name in your resume.
Some of the courses in MSc Management are Financial Management, Global Management, Human Resource Management, Marketing Management, Operations Management etc.
Masters in Business Administration imparts you practical application of management skills and strategies required in the smooth running of a business. With the help of this course you can head out both in the field of business management as well as academics for further research and studies. MBA as compared to MSc leans towards the academic discipline of particularly business administration. It is more suitable for those graduate students who have commendable previous work experience preferably in the field related to management. You can get entry into various managerial level jobs at n number of companies after the completion of this post graduation management programme. It is highly recognised everywhere and one instantly gets an idea about your orientation in business upon seeing this title after your name.
Some of the courses in MBA are MBA in Hospitality Management, MBA in international hospitality management, MBA in project management, MBA in sports management, MBA in human resource management, MBSA in marketing management, MBA in financial management etc.
It all comes down to your needs and requirements while choosing course. You can opt for MBA if you wish to make a career in the business management. But if you are inclined towards making a breakthrough in the dynamics of management or its any particular field then going for research oriented MSc Management is a right choice!
Note- all the above mentioned courses are available at universities and colleges in UK who are known for their one year competitive post graduate programmes.
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