Masters in Management vs MBA: Difference and How to Choose Between MIM and MBA

Masters in Management vs MBA: Difference and How to Choose Between MIM and MBA

Edited By Tarun Bisht | Updated on Feb 19, 2025 05:18 PM IST | #CAT

A master's in management vs an MBA is necessary to be understood by candidates as both are similar to each other in various aspects. Choosing between a master's in management and an MBA depends on various factors like career goals, stage, and professional and educational background. It is important to consider all the factors to make a sound decision. Both present their own unique sets of challenges and opportunities throughout the curriculum that will prepare the candidates for their respective career fields. This article is a comprehensive guide to masters in management vs MBA for all the candidates who want to choose the best one suited for them.

This Story also Contains
  1. Masters in Management vs MBA
  2. Masters in Management vs MBA Key Differences
  3. Masters in Management vs MBA Pros and Cons
  4. Masters in Management vs MBA Which one to choose
Masters in Management vs MBA: Difference and How to Choose Between MIM and MBA
Masters in Management vs MBA: Difference and How to Choose Between MIM and MBA

Masters in Management vs MBA

From a program focus point of view, a master's in management provides a broad introduction to management principles and practices, often with an emphasis on foundational business skills. An MBA on the other hand, offers advanced knowledge in business management, with a focus on strategic thinking, leadership, and advanced business practices. Both will require the candidates to have a Bachelor’s degree in any of the disciplines from a recognized university.

Masters in Management vs MBA Key Differences

The masters in management vs MBA key differences are mentioned in the table given below.

Criteria

Masters in Management

MBA

Curriculum

Core courses in management, organizational behavior, finance, marketing, and strategy.

Core courses in business fundamentals plus electives or specializations in areas like finance, marketing, operations, and strategy.

Ideal For

Recent graduates or early career professionals with limited work experience.

Mid-career professionals with little or no work experience seeking leadership roles or career advancement.

Program Structure

Focused on foundational knowledge with fewer practical components.

Typically involves core courses, electives, and practical components like internships, and projects.

Program Duration

24 months

24 months

Cost

Generally less costly than a typical MBA.

Expensive depending on individual B-School.

Networking

Very few opportunities.

Extensive networking opportunities through alumni networks, business events, and internships.

Career Opportunities

Entry-level management roles.

Senior management, executive roles, and consulting positions.

Program Flexibility

Typically more focused on full-time study.

Full-time programs. Compulsory on-campus residence for certain B-Schools.

Learning Approach

Focuses on theoretical foundations and general management skills.

Emphasizes practical application, leadership development, and real-world business scenarios.

Financial Aid

Fewer financial aid options.

Plenty of financial aid options like scholarships, educational loans, and employer sponsorship.

Masters in Management vs MBA Pros and Cons

The pros and cons of a master's in management vs an MBA are listed in the table given below.

Masters in Management

Pros

Cons

  • Foundational Knowledge

  • Limited Practical Experience

  • Early career focus

  • Career Limitations

  • Cost Effective

  • Less Recognition

  • Broad skill set

  • Potential overlap with undergraduate

  • Less Competitive

  • May not offer specializations

MBA

Pros

Cons

  • Broader Business Knowledge

  • Less Technical Aspect

  • Versatile

  • Generalist Approach

  • Networking Opportunities

  • Expensive

  • Strategic Thinking

  • Market-based Demand for professionals

  • Diverse Career Paths

  • Lack of Depth

Masters in Management vs MBA Which one to choose

If you are early in your career or a recent graduate, a master's in management offers a solid foundation in management. If you are looking for more advanced leadership development and have a little professional experience, consider an MBA. If budget is a concern, a master's in management is more affordable than an MBA. Consider whether you are seeking to enter management roles or advance to higher-level positions. Evaluate whether you prefer foundational management education (master's in management) or advanced business and leadership training (MBA). Masters in management is ideal for starting a career, while an MBA is better for career advancement.

Frequently Asked Questions (FAQs)

1. Is a Master's in Management better than an MBA?

From a program focus point of view, a master's in management provides a broad introduction to management principles and practices. An MBA on the other hand, offers advanced knowledge in business management, with a focus on strategic thinking, leadership, and advanced business practices.

2. Should I do an MBA or Master's in Management?

If you are early in your career or a recent graduate, a master's in management offers a solid foundation in management. If you are looking for more advanced leadership development and have a little professional experience, consider an MBA.

3. What are the benefits of doing a Master's in Management?

 Following are the benefits of doing a master’s in management.

  • Foundational Knowledge

  • Early career focus

  • Cost Effective

  • Broad skill set

  • Less Competitive

4. What exam is required for a Master's in Management?

For Masters in Management candidates can take the MBA entrance exams like GMAT and GRE.

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Certifications By Top Providers

Explore Top Universities Across Globe

University of Essex, Colchester
 Wivenhoe Park Colchester CO4 3SQ
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Questions related to CAT

Have a question related to CAT ?

With a 99 percentile in CAT, you've definitely got a strong foundation for your MBA aspirations.


FMS Admission Process

FMS Delhi considers various factors for admission, including:


1. CAT score (99 percentile is excellent!)

2. Academic performance (your low academic background might be a concern)

3. Work experience (you didn't mention any, but certifications and courses can help)

4. Extracurricular activities (your Engage 7x Course and Spanish foreign language course are positives)

5. Personal interview (this is an opportunity to showcase your skills and passion)


SC Category Advantage

As an SC category candidate, you'll have a relaxation in the admission criteria. FMS Delhi has a reservation policy for SC/ST candidates.


Chances of Getting into FMS

While a 99 percentile CAT score is impressive, FMS Delhi is a highly competitive institution. Your low academic background might affect your chances, but:


- Your SC category status will provide some advantage.

- Your certifications and courses (Engage 7x, Spanish) demonstrate your enthusiasm and willingness to learn.


It's difficult to predict admission outcomes, but I'd estimate your chances as follows:


- FMS Delhi: 20-30% chance (considering your CAT score, SC category, and certifications)

- Other top MBA colleges: 50-70% chance (considering your CAT score and SC category)


Next Steps

1. Apply to FMS Delhi: Submit your application, highlighting your strengths and certifications.

2. Prepare for the personal interview: Showcase your passion, skills, and experiences.

3. Consider other MBA colleges: Apply to other top colleges that align with your interests and goals.


Stay positive, and best of luck with your applications!

Dear Manoj,

XIME Bangalore's CAT cutoff for 2025 admission is approximately 70-75 percentile overall and 40 section-wise. All the best for your future.  Best wishes for your future in management.

Hello aspirant,

Here below I am providing you with the name of some the colleges:

  • Aditya Silver Oak Institute of Technology, Ahmedabad.
  • Ahmedabad Institute of Technology, Ahmedabad. .
  • Arrdekta Institute of Technology, Sabarkantha.
  • Faculty of Engineering and Technology, Atmiya University, Rajkot.
  • Bhagwan Mahavir College of Management, Sura

To know about more colleges, you can visit our site through following link:

https://bschool.careers360.com/articles/mba-colleges-in-gujarat-without-entrance-exam

Thank you

Hello,

Yes, it is possible to shift from BBA Finance to MBA Marketing after clearing CAT and securing admission to an IIM. Your background in finance can add value to your marketing profile, providing a broader business understanding. It generally does not negatively affect your resume if you can justify the shift with a clear career goal and relevant skills. Recruiters value diverse knowledge and a strong rationale behind career transitions.

Hope this helps you,

Thank you

https://bschool.careers360.com/exams/cat



With a 65 percentile in CAT, getting admission to USMS (Guru Gobind Singh Indraprastha University) may be difficult, as its cutoff is usually 75-85 percentile or higher for the general category.


However, you can consider other good MBA colleges that accept 60-70 percentile in CAT, such as:


Christ University, Bangalore


Institute of Public Enterprise, Hyderabad


Amrita School of Business, Kochi


PES University, Bangalore


KIIT School of Management, Bhubaneswar

Rajagiri Centre for Business Studies, Kochi

Army Institute of Management, Kolkata

Research their admission criteria, placements, and faculty to choose the best fit.

View All

Directions for question :

M/s Deloitte Touche Tohmatsu Limited, one of the top four audit and accounting firms in the world with headquarters at London, UK, and with an operational presence in 153 countries, hires Management Trainees (MT) from all the premier management institutes of India thrice every year, in the months of January, May and September.

Each new group of Management Trainees (MT) have to go through a four month rigorous training schedule, after which they have to pass through a test consisting of a written assessment and a case-analysis. The top hundred ranked Management Trainees (MT) based on the performance in the test are confirmed as Management Executives (ME). The rest are given the opportunity of undergoing the training for four months one more time along with the next batch of Management Trainees (MT) and then passing through the subsequent test consisting of the written assessment and case-analysis. The Management Trainee (MT) who fails to get confirmed as a Management Executive (ME) the second time is fired.

The scatter-graph below depicts the number of Management Trainees (MT) at Deloitte taking the tests from January 2020 till May 2022, and the vis-à-vis hired Management Trainees (MT) at Deloitte who were fired :

It is also known that for the month of September 2019 at Deloitte, 96 hired Management Trainees (MT) failed to be confirmed as a Management Executive (ME) the first time, and that 36 hired Management Trainees (MT) were fired. 

Question :

In which test did the minimum number of Management Trainees (MT) get confirmed as a Management Executive (ME) in the second attempt ?

Option: 1

September 2020

 

 


Option: 2

May 2021


Option: 3

January 2021

 


Option: 4

January 2022 


Directions for question:

Two friends Moloy and Niloy passed out from the Purulia Institute of Science and Technology with B.Tech degrees in Mechanical Engineering, but even after a year placement was hard to find. So they decided to take the challenge head-on, came down to Kolkata, rented a garage space on Park Street, and having an affinity towards making people enjoy good food, started their firm named 'B.Tech Bread-Omlette Wala'. 

They started with three items on the menu. One was the French Toast which could be prepared in 3 minutes. The second was the Egg Tortillas which took 15 minutes to prepare. Any one of Moloy and Niloy could prepare any one of them at a time. The third was the Egg Bhurji with French Fries. This however was prepared on an automated fryer which could prepare 3 servings at a time and took 5 minutes irrespective of the number of servings equal to or below 3. The fryer did not need anyone to attend to it, and the time to put in the raw ingredients could be neglected. So one could tend to the preparation of other items while the Egg Bhurji with French Fries were being prepared. 

They wanted to serve the orders as early as possible after the order was given. The individual items in any order were served as and when all the items were ready, and the order was then considered closed. None of the items on the menu were prepared in advance in anticipation of future orders. 

On the first day, 3 groups of customers came in and ordered at 6.00 pm, 6.10 pm, and 6.13 pm. The first order was for a plate of Egg Tortillas, two plates of French Toast, and three plates of Egg Bhurji with French Fries. The second order was for a plate of French Toast and two plates of Egg Bhurji with French Fries. The third order was for a plate of Egg Tortilla and a plate of Egg Bhurji with French Fries. 

On the backdrop of the above information answer the questions given :

Question: 

Assuming that the next customer's order could only be attended to when the previous customer's order was closed, at what time would the first customer's order be considered closed ?

 

Option: 1

6.15 pm

 

 


Option: 2

6.17 pm

 


Option: 3

6.18 pm

 


Option: 4

6.20 pm


Directions for question :

Six sticks of equal lengths were kept in the vertical position in an empty flower-vase, to be arranged at the six corners of a regular hexagon. The two ends of each of the sticks were of different colours. 

The top ends of the sticks were one of each of the following colours – Red, Cyan, Pink, Brown, Black and Green. The bottom ends were one of each of the following colours – Blue, Yellow, White, Orange, Purple and Grey. Both the sets of colours mentioned were in no particular order.

It was also known that :

a) The stick with the red colour was opposite to the stick with the blue colour

b) There were exactly two sticks whose both ends had colours whose names started with the same letter

c) The stick with the grey colour was adjacent to the stick with the white colour

d) The stick with the cyan colour was adjacent to both the sticks with the brown colour and the one with the blue colour

e) The stick with the purple colour was adjacent to both the sticks with the grey colour and the one with the green colour

f) The stick with the white colour was opposite to the stick with the green colour

Question :

What was the colour of the bottom end of the stick having brown colour at the top end ?

Option: 1

 White 

 


Option: 2

Yellow 


Option: 3

Black

 


Option: 4

Grey


Directions for question:

Two friends Moloy and Niloy passed out from the Purulia Institute of Science and Technology with B.Tech degrees in Mechanical Engineering, but even after a year placement was hard to find. So they decided to take the challenge head-on, came down to Kolkata, rented a garage space on Park Street, and having an affinity towards making people enjoy good food, started their firm named 'B.Tech Bread-Omlette Wala'. 

They started with three items on the menu. One was the French Toast which could be prepared in 3 minutes. The second was the Egg Tortillas which took 15 minutes to prepare. Any one of Moloy and Niloy could prepare any one of them at a time. The third was the Egg Bhurji with French Fries. This however was prepared on an automated fryer which could prepare 3 servings at a time and took 5 minutes irrespective of the number of servings equal to or below 3. The fryer did not need anyone to attend to it, and the time to put in the raw ingredients could be neglected. So one could tend to the preparation of other items while the Egg Bhurji with French Fries were being prepared. 

They wanted to serve the orders as early as possible after the order was given. The individual items in any order were served as and when all the items were ready, and the order was then considered closed. None of the items on the menu were prepared in advance in anticipation of future orders. 

On the first day, 3 groups of customers came in and ordered at 6.00 pm, 6.10 pm, and 6.13 pm. The first order was for a plate of Egg Tortillas, two plates of French Toast, and three plates of Egg Bhurji with French Fries. The second order was for a plate of French Toast and two plates of Egg Bhurji with French Fries. The third order was for a plate of Egg Tortilla and a plate of Egg Bhurji with French Fries. 

On the backdrop of the above information answer the questions given :

Question: 

Assuming that the next customer's order could only be attended to when the previous customer's order was closed, at what time would the third customer's order be considered closed ?

 

Option: 1

6.28 pm

 


Option: 2

6.35 pm

 


Option: 3

6.38 pm


Option: 4

6.45 pm


Directions for question:

Two friends Moloy and Niloy passed out from the Purulia Institute of Science and Technology with B.Tech degrees in Mechanical Engineering, but even after a year placement was hard to find. So they decided to take the challenge head-on, came down to Kolkata, rented a garage space on Park Street, and having an affinity towards making people enjoy good food, started their firm named 'B.Tech Bread-Omlette Wala'. 

They started with three items on the menu. One was the French Toast which could be prepared in 3 minutes. The second was the Egg Tortillas which took 15 minutes to prepare. Any one of Moloy and Niloy could prepare any one of them at a time. The third was the Egg Bhurji with French Fries. This however was prepared on an automated fryer which could prepare 3 servings at a time and took 5 minutes irrespective of the number of servings equal to or below 3. The fryer did not need anyone to attend to it, and the time to put in the raw ingredients could be neglected. So one could tend to the preparation of other items while the Egg Bhurji with French Fries were being prepared. 

They wanted to serve the orders as early as possible after the order was given. The individual items in any order were served as and when all the items were ready, and the order was then considered closed. None of the items on the menu were prepared in advance in anticipation of future orders. 

On the first day, 3 groups of customers came in and ordered at 6.00 pm, 6.10 pm, and 6.13 pm. The first order was for a plate of Egg Tortillas, two plates of French Toast, and three plates of Egg Bhurji with French Fries. The second order was for a plate of French Toast and two plates of Egg Bhurji with French Fries. The third order was for a plate of Egg Tortilla and a plate of Egg Bhurji with French Fries. 

On the backdrop of the above information answer the questions given :

Question: 

Suppose Moloy and Niloy had decided to process multiple orders at the same time, however strictly prioritising a first come first serve basis, when would the second customer's order be considered closed ?

Option: 1

6.20 pm

 

 


Option: 2

6.18 pm


Option: 3

6.15 pm

 


Option: 4

6.12 pm


Directions for question:

Two friends Moloy and Niloy passed out from the Purulia Institute of Science and Technology with B.Tech degrees in Mechanical Engineering, but even after a year placement was hard to find. So they decided to take the challenge head-on, came down to Kolkata, rented a garage space on Park Street, and having an affinity towards making people enjoy good food, started their firm named 'B.Tech Bread-Omlette Wala'. 

They started with three items on the menu. One was the French Toast which could be prepared in 3 minutes. The second was the Egg Tortillas which took 15 minutes to prepare. Any one of Moloy and Niloy could prepare any one of them at a time. The third was the Egg Bhurji with French Fries. This however was prepared on an automated fryer which could prepare 3 servings at a time and took 5 minutes irrespective of the number of servings equal to or below 3. The fryer did not need anyone to attend to it, and the time to put in the raw ingredients could be neglected. So one could tend to the preparation of other items while the Egg Bhurji with French Fries were being prepared. 

They wanted to serve the orders as early as possible after the order was given. The individual items in any order were served as and when all the items were ready, and the order was then considered closed. None of the items on the menu were prepared in advance in anticipation of future orders. 

On the first day, 3 groups of customers came in and ordered at 6.00 pm, 6.10 pm, and 6.13 pm. The first order was for a plate of Egg Tortillas, two plates of French Toast, and three plates of Egg Bhurji with French Fries. The second order was for a plate of French Toast and two plates of Egg Bhurji with French Fries. The third order was for a plate of Egg Tortilla and a plate of Egg Bhurji with French Fries. 

On the backdrop of the above information answer the questions given :

Question: 

Suppose Moloy and Niloy had decided to process multiple orders at the same time, however strictly prioritising a first come first serve basis, when would the third customer's order be considered closed ?

 

Option: 1

6.22 pm

 


Option: 2

6.25 pm


Option: 3

6.28 pm 


Option: 4

6.30 pm


Directions for question:

Two friends Moloy and Niloy passed out from the Purulia Institute of Science and Technology with B.Tech degrees in Mechanical Engineering, but even after a year placement was hard to find. So they decided to take the challenge head-on, came down to Kolkata, rented a garage space on Park Street, and having an affinity towards making people enjoy good food, started their firm named 'B.Tech Bread-Omlette Wala'. 

They started with three items on the menu. One was the French Toast which could be prepared in 3 minutes. The second was the Egg Tortillas which took 15 minutes to prepare. Any one of Moloy and Niloy could prepare any one of them at a time. The third was the Egg Bhurji with French Fries. This however was prepared on an automated fryer which could prepare 3 servings at a time and took 5 minutes irrespective of the number of servings equal to or below 3. The fryer did not need anyone to attend to it, and the time to put in the raw ingredients could be neglected. So one could tend to the preparation of other items while the Egg Bhurji with French Fries were being prepared. 

They wanted to serve the orders as early as possible after the order was given. The individual items in any order were served as and when all the items were ready, and the order was then considered closed. None of the items on the menu were prepared in advance in anticipation of future orders. 

On the first day, 3 groups of customers came in and ordered at 6.00 pm, 6.10 pm, and 6.13 pm. The first order was for a plate of Egg Tortillas, two plates of French Toast, and three plates of Egg Bhurji with French Fries. The second order was for a plate of French Toast and two plates of Egg Bhurji with French Fries. The third order was for a plate of Egg Tortilla and a plate of Egg Bhurji with French Fries. 

On the backdrop of the above information answer the questions given :

Question: 

A fourth customer comes in and orders two plates of French Toast at 6.24 pm. Suppose Moloy and Niloy had decided to process multiple orders at the same time, however strictly prioritising a first come first serve basis. For exactly how many minutes would one of the friends be idle from 6.00 pm till serving the last customer, assuming that the four customers were the only ones to have come in within the period being discussed ?

Option: 1

9

 


Option: 2

13


Option: 3

18


Option: 4

21


Directions for question:

Two friends Moloy and Niloy passed out from the Purulia Institute of Science and Technology with B.Tech degrees in Mechanical Engineering, but even after a year placement was hard to find. So they decided to take the challenge head-on, came down to Kolkata, rented a garage space on Park Street, and having an affinity towards making people enjoy good food, started their firm named 'B.Tech Bread-Omlette Wala'. 

They started with three items on the menu. One was the French Toast which could be prepared in 3 minutes. The second was the Egg Tortillas which took 15 minutes to prepare. Any one of Moloy and Niloy could prepare any one of them at a time. The third was the Egg Bhurji with French Fries. This however was prepared on an automated fryer which could prepare 3 servings at a time and took 5 minutes irrespective of the number of servings equal to or below 3. The fryer did not need anyone to attend to it, and the time to put in the raw ingredients could be neglected. So one could tend to the preparation of other items while the Egg Bhurji with French Fries were being prepared. 

They wanted to serve the orders as early as possible after the order was given. The individual items in any order were served as and when all the items were ready, and the order was then considered closed. None of the items on the menu were prepared in advance in anticipation of future orders. 

On the first day, 3 groups of customers came in and ordered at 6.00 pm, 6.10 pm, and 6.13 pm. The first order was for a plate of Egg Tortillas, two plates of French Toast, and three plates of Egg Bhurji with French Fries. The second order was for a plate of French Toast and two plates of Egg Bhurji with French Fries. The third order was for a plate of Egg Tortilla and a plate of Egg Bhurji with French Fries. 

On the backdrop of the above information answer the questions given :

Question: 

Had Niloy been absent on that day, and assuming that the next customer's order could only be attended to when the previous customer's order was closed, at what time would the fourth customer's order (refer to the previous question) be considered closed ?

Option: 1

6:38 pm

 


Option: 2

6:42 pm

 


Option: 3

6:47 pm


Option: 4

6:49 pm


Directions for question:

The bar-graph given below shows the foreign exchange reserves of Nepal (in million Rupees) from 2014 to 2021. Answer the following questions based on the graph :

Question:

What was the percentage increase (rounded to the nearest integer, if deemed necessary) in the foreign exchange reserves in 2020 over 2016 ?

Option: 1 None

Option: 2 None

Option: 3 None

Option: 4 None

Directions for question:

The Jadavpur University’s Prince Anwar Shah Road hostel consists of two large separate buildings, one for the ladies and the other for the gents, while having a common kitchen and dining hall. It is the hostel of the CS and the EEC department of engineering students of the university.

In recognition of the growing dissatisfaction and hence complaints among the inmates of the hostel regarding the menu served for dinner, the Dean of the engineering department, Dr Aparesh Sanyal, personally decided to investigate the matter. He set about collecting information about the preference of dinner among the inmates, separately from the gents and the ladies wing of the hostel.

Dr Sanyal was able to gather the following partial information :  

 

Hostel inmates

Menu preference for dinner

Total

Egg Meal

Fish Meal

Chicken Meal

Gents

   

20

 

Ladies

     

64

Total

 

60

   

 

The Warden of the hostel was consulted, who after investigation declared that the following facts were clear :

1. Forty percent of the hostel inmates were ladies

2. One-third of the gentlemen inmates preferred an egg meal for dinner

3. Half the hostel inmates preferred either fish meal or chicken meal

Question:

What proportion of the lady hostel inmates preferred a fish meal for dinner ?

 

 

Option: 1

0.25

 

 


Option: 2

0.50

 


Option: 3

0.75

 


Option: 4

1.00 


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