Wednesday, December 15, 2010

difference between an MSc in Marketing and the MBA


difference between an MSc in Marketing and the MBA?
Im thinking about getting my BA in marketing or maybe business administration at college.. then I could either go for my Marketing MSc or an MBA.. but I was just wondering which one is the best.. I know that an MSc in marketing focuses primarily on marketing while an MBA is more general, so thats not the question, what Im asking is, which degree makes more money/which one could i get better jobs with or is there really a difference at all? it just seems like the MBA is so prestigious that it'll look ten times better if i have an MBA... i dont really wanna do an MBA cause admission requirements include two years of experience and i wanna go to graduate school right after college.. so.. could anyone give me advice? oh and i just wanted to add that i wanna work in marketing.. like become a brand manager or something, so if i went for an MBA, id go for a specialization in marketing.. so yeah, its either MBA marketing or MSc marketing..
Higher Education (University +) - 3 Answers

Random Answers, Critics, Comments, Opinions :
1
recognition... MBA better


2
If you are planning to create a career in Marketing then MBA would definitely help. But as you mentioned, if you don't have any work experience, the only way you can get into a good B-School would be your grades, essays and GMAT scores (if applicable). The higher the grades and the GMAT scores, the better the chance of getting into a good school. However, its not going to be very easy to get an admission. MSc is going to be more research oriented in terms of the coursework.


3
It depends on your career objective. The MBA is a general business degree training students for top level management positions up to CEO or for those with entrepreneurial objectives of starting their own business. The Master of Science is a specialized degree in a particular field such as finance, chemistry, accounting, engineering, etc. training students for top level staff and research positions who prefer not to get into general management. MBA programs accept students in any undergraduate field. They prefer students who do not have a business background because they give you the business training but they cannot provide the broad background that managers should have. I have taught MBA students with degrees in Music, Medicine, Dentistry, Law, Psychology, Political Science, Chemistry, Biology, Engineering, and many other fields. Most MBA programs prefer students with 2-3 years work experience after the first degree, but many accept students right out of college if they have good grades and a high GMAT score. Some MBA programs are designed specifically for new college graduates without work experience. MBA students study accounting, finance, marketing, management, statistics, economics, strategy, policy, and other courses. Many MBA programs offer concentrations in these and many other fields, but that amounts to only 2-3 courses in your chosen field in the second year of study. Many students avoid a concentration and take a variety of elective subjects to gain a broader background. By the time you finish the first year you'll be able to decide which concentration interests you. You don't become a specialist in a field with 2-3 courses. It generally takes a year of concentrated study. The MBA is not like an MS degree that concentrates study in a single field and prepares students for high level staff or research positions. The MS typically requires an undergraduate education in the field in which you want the MS, or a closely related field. A finance major does not get an MS in chemistry, and a biology major does not get an MS in accounting. You already know you want to get into marketing. You have to decide whether you prefer a management orientation or a research and staff orientation. With an undergraduate marketing major plus a marketing concentration in MBA program, the MBA would get you into marketing positions. The Official MBA Guide provides a lot of information about the MBA degree and MBA schools and programs. It's a comprehensive free public service with more than 2,000 MBA programs listed worldwide. It allows you to search for programs by location (US, Europe, Far East, etc.), by concentration (finance, marketing, aviation management, health management, accounting, etc.), by type of program (full-time, distance learning, part-time, executive, and accelerated), and by listing your own criteria and preferences to get a list of universities that satisfy your needs. Schools report their accreditation status, tuition cost, number of students, class sizes, program length, and a lot of other data. Schools provide data on entrance requirements, program costs, program characteristics, joint degrees, and much more. You can use the Guide to contact schools of your choice, examine their data, visit their web site, and send them pre applications. You can see lists of top 40 schools ranked by starting salaries of graduates, GMAT scores, and other criteria. It's the best service available at http://officialmbaguide.org.

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