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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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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.
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
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.
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 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
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.
Before opting for MBA and Masters courses, students should keep a few things in mind.
Frequently Asked Questions (FAQs)
Master of Business Administration (MBA) typically commands higher salaries than Masters.
On Question asked by student community
Yes, you can pursue an MBA at Babasaheb Bhimrao Ambedkar University (BBAU), Lucknow, through the CAT exam.
Eligibility Criteria:
Educational Qualification: A bachelor's degree with at least 50% marks (45% for SC/ST/PwD candidates) from a recognized university.
Entrance Exam: A valid CAT score is required for admission.
Admission Process:
Application: Register online through the BBAU admission portal.
Entrance Exam: Appear for the CAT exam and obtain a valid score.
Counseling: Shortlisted candidates will be called for counseling based on their CAT scores.
Document Verification: Submit necessary documents for verification.
Fee Payment: Complete the fee payment to confirm admission.
Course Details:
Duration: 2 years (full-time).
Specializations: Finance, Marketing, Human Resource Management, among others.
Placement Opportunities:
BBAU has a strong placement record, with top companies recruiting MBA graduates.
For more details and to apply, visit the official BBAU MBA admission page
Hello Amgothu
With 305 marks in ICAR PG and being from ST category, your chances of getting an AIEEA (CAT) seat is good, especially in plant sciences and less competitive subjects
Hello
As you said you by mistakenly done that, you don't need to get worry regarding that ,
Just inform the help desk and carry the correct certifications , the state certificate will not disqualify you .
The steps you can follow is -
1. You can check if the correction window is available or not
2. Contact the CAT desk immediately.
Hope this helps
In CAT registration, you cannot create a new user ID with the same mobile number, even if you use a different email ID. Each mobile number and email can be linked to only one account. If you already registered once, the system will not accept a duplicate with that number. To register again, you must use a new mobile number and new email ID. If you lost your old login, you can recover it through the forgot password/user ID option on the CAT portal.
Yes, you can fill the CAT form even if you currently have a backlog. CAT eligibility requires you to be in your final year of graduation or already graduated backlogs don’t stop you from applying.
While filling the form:
Enter the aggregate percentage/CGPA of marks you have obtained up to the latest semester for which results are declared (in your case till 4th semester).
There will be an option to mention that you have a backlog.
If you clear the backlog later, you’ll just need to show the updated marks during admission.
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