What is the difference between m sc and mba

This program is suitable for those who seek answers to a wide range of issues of market and society and want to explore various hypotheses and who want to study a wide range of issues. The MSc program in contrast to MBA program is more theoretical in nature and contains more elements of research research projects and reports.

Another difference is the target group of students for whom the program is intended. The MBA program is primarily intended for managers with practice and management experience that are looking for theoretical basis and new knowledge that could be used in their everyday work.

The MSc program is primarily intended for students who have just graduated from a university and have little to no experience but who wish to obtain a theoretical basis for the duties and responsibilities of a manager. A Master of Science teaches a specialised set of skills and depending on the subject, can include little or no business elements. An MBA suits professionals who have accumulated 4 to 6 years of work experience, with at least 2 in a supervisory or managerial capacity.

In contrast — depending on the chosen MSc — no prior work experience may be necessary. The MBA teaches a macro, holistic view of business and its respective functions.

The MSc provides depth, skewing towards the micro or technical elements of the chosen field. Leadership has a significant impact on an organisation and is a vital management skill business leaders must learn.

An undergraduate degree in a related subject is the minimum requirement for either course. However, many universities provide work-based entry routes for candidates without a bachelors degree, as long as they can prove sufficient work experience.

Speak to a Higher Education Consultant. Course Index Online Degrees by Category. Column 3 Course index. She is passionate about travel, education and culture. Deciding to further your education is one of the best decisions a person can make. What is an MBA? A Masters of Science is a postgraduate course that awards qualifications in: Science Technology Engineering Medicine Social sciences Mathematics Students are given the opportunity to focus on a particular area of interest in more detail than that studied in an undergraduate degree.

Class sizes Commitment Cost Employment prospects 1. Class sizes An important thing to consider when deciding on any degree is the size of the classes and lectures. Cost Furthering your education does come with a hefty price tag, especially if you are enrolling in an accredited MBA. Employment prospects Those who have an MBA can usually expect to have a higher starting salary than those with an MSc.

Find your dream university course today Don't miss out. Get started. Many of our lecturers run their own business on a full-time basis and lecture part-time, meaning that they can supply the most up-to-date, industry-relevant information on their subject. Whether you are considering an MBA, MSc or even a postgraduate diploma, the above questions are just general points to consider in choosing the right course.

In the end, making the right choice requires research into the postgraduate offering that ultimately works best for you. Section menu. Master of Business Administration If your goal is to have a broad knowledge of how to approach business management and strategy, the MBA would be ideal.