MBA vs Master’s Degree: Which One Should You Choose for Career Growth?

MBA vs Master’s Degree: Which One Should You Choose for Career Growth?

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SundararajanUpdated on 21 Feb 2025, 11:51 AM IST

MBA or Masters degree is the uncertainty faced by every graduate who wishes to pursue a masters degree. To answer this question, there are several things you need to know. In today's competitive market, higher education is one of the most important determinants of a successful career. Having an MBA or master's degree not only increases your professional value but also qualifies you for senior-level job roles. Check out this MBA vs Master’s degree article to know which one is better for you, how to choose, difference, fees, etc. This article will help the graduates to clear their doubts about an MBA vs Master’s degree which is better.

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This Story also Contains

  1. MBA vs Masters Degree
  2. What is an MBA degree?
  3. What is a Master’s degree?
MBA vs Master’s Degree: Which One Should You Choose for Career Growth?
MBA vs Masters Degree

MBA vs Masters Degree

Ready to pursue an advanced business degree but not sure which option is right for you? Here, we will help students understand the differences between MBA vs specialised master's degrees.

  • MBA vs Business Analytics
  • MBA vs Masters in Finance
  • MBA vs Masters in Marketing
  • MBA vs Masters in Entrepreneurship

Before diving into the topic, let's have a look at what MBA and Master's degrees are and know MBA vs Masters degree which is better.

Know more about career opportunities after MBA

What is an MBA degree?

A Master of Business Administration (MBA) is a general, multidisciplinary, postgraduate level degree. It is versatile as it covers various areas of business, including finance, marketing, accounting, human resources, management, information technology, sales, and more.

As a result, MBA focuses on providing students with the technical, managerial, and leadership skills needed to successfully run an organisation. Generally, there are three different types of MBA programmes: full-time, part-time, and executive MBA programmes.

What is a Master’s degree?

A master's degree is a master's degree that focuses on imparting mastery over a specific field/ subject. This is the primary difference between a Master’s and MBA programme. While an MBA curriculum aims to train candidates as professionals with overall proficiency in various domains of business administration, a master's degree allows students to acquire skills related to a specific subject.

Check out the 20 Best Courses After MBA in India

MBA vs Masters Degree: What's the Difference?

MBA programmes focus on a broad range of business concepts, giving students an advanced but comprehensive look at business processes. On the other hand, specialized business master's programmes usually provide an in-depth look at a specific area of study. The table below explains the MBA vs Masters degree cost and MBA vs Masters degree salary.

MBA Programme

Master’s Degree

Prepares students for business leadership roles

Can be specific or general, but usually covers only one subject area in business

Usually continued after three years or more of employment

Usually followed after less than three years of employment

Can be pursued full-time, part-time, or online

Can be pursued full-time, part-time, or online

Duration: 2 years

Duration:1 to 3 years

Total fee for MBA: 20K to 40L

Total fee for Masters: 5L to 46L

Average salary for MBA: 7-12 LPA

Average salary for Master’s: 3-15 LPA

The total fees for MBA and Master's degrees may vary based on the universities/institutions and the average salary may also vary depending on the organization.

Check out the salary ater MBA

MBA vs Master’s Degree: Which One to Choose?

While both MBA and master's degrees are great choices for career development, each takes a unique approach to career advancement. Master's degree programmes are designed for people who wish to obtain an advanced degree before entering the job market. Hence, candidates don't need any work experience to enroll in a postgraduate course.

Since a master's degree covers a wide range of individual specializations, it allows aspirants to expand on the knowledge and skills acquired at the UG level and become trained professionals in a specific field. The course syllabus aims to facilitate the development of technical and analytical skills.

While an MBA is a postgraduate degree, as the name suggests, it focuses only on business administration and, therefore, takes a more holistic approach to it. An MBA degree is ideal for candidates who want to advance their careers towards managerial or leadership-focused roles in industry.

Unlike master's degrees, MBA degrees value professional experience more. So, if you have one to two years of work experience, your MBA experience will be much richer. Since an MBA curriculum covers many business disciplines, it provides a broad and comprehensive view of business administration and management.

This is why the MBA programme is best suited for those aiming to enter entrepreneurship, executive leadership, and general management.

5 Things to keep in mind while deciding an MBA or Master’s

Before opting for MBA and Masters courses, students should keep a few things in mind.

  • Background
  • Method of teaching: Lectures or experiential learning?
  • Diversity of profiles and backgrounds: Where do you fit?
  • Career outcomes: Where do I see myself in the medium term?
  • Costs and financing
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Frequently Asked Questions (FAQs)

Q: Does MBA pay more than Masters?
A:

Master of Business Administration (MBA) typically commands higher salaries than Masters.

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Questions related to CAT

On Question asked by student community

Have a question related to CAT ?

Hello

You can get all the papers on the Careers360 website. To access the paper and download it for practice, just visit here:

https://design.careers360.com/articles/nift-cat-2024-question-paper-with-solutions

Hope it will help you!!

Hello dear candidate,

Yes, you have a very good chance of getting a BPT seat with 488 out of 600 and TS EAMCET rank of 14,000 under the ST category.

As the cut off of BPT for ST category students are generally between 25,000 to 45,000 ranks, depending upon the college and you have TS EAMCET rank of 14,000.

Thank you.

If you got 802 marks in Telangana Intermediate and belong to the ST category, you have a fair chance to get admission in a BPT course in 2025, but it depends on the college and cut-off. Most BPT colleges in Telangana ask for 12th marks in Physics, Chemistry, and Biology, and some also use the TS EAMCET rank for admission. The cut-off for ST students is usually lower than for general students, but it changes every year. It is better to check the previous year’s cut-offs of the colleges you want to apply to.

Hello, Getting shortlisted for IIM Lucknow or IIT Bombay (SJMSOM) with your profile is challenging, primarily due to your 58% in Class 10th, which significantly impacts the composite score calculation for both institutes. While your 98 percentile CAT score is excellent, and your 24 months of work experience, B.Com (Hons) background (providing academic diversity, especially for IIM-L), and KVS National player status are valuable additions, top IIMs and IITs heavily weigh consistent academic performance. Your 74% in 12th is also on the lower side. IIM Lucknow places substantial weight on 10th and 12th marks, making a call quite difficult despite your strengths. You likely have a relatively better, though still uncertain, chance at IIT Bombay, as their weighting might be slightly less penalizing for past academics compared to IIM-L, and your high CAT score is a major factor. However, the low 10th score remains a significant hurdle for both prestigious institutions.

I hope you found this information helpful and for study related queries you can ask in careers360 app, Have a great day and!

Hey,

You already have a strong profile with the score of 58% in Class 10, 74% in Class 12, and 80% in graduation, but admission in IIT Bombay, Shailesh J Mehta School of Management is quite competitive, especially if you are in general category because the cutoff for general goes to 98.5-99%. Your CAT percentage is impressive but your 10th marks might reduce your score during the shortlisting process. If you perform well in Written Ability Test and Personal Interview, and present your commerce background you still stand a fair chance. But it would also be wise if you have some backups like MDI Gurugram, IMT Ghaziabad, IMI Delhi, where your marks and profile will fit well in their selection range.