What are the advantages of doing a master’s in management instead of an MBA? What kind of jobs can I get with a master’s in management?
Should I go for a master’s in management or MBA and what are the job opportunities after graduation?
There could be more nuances than what I have here but this could be a good start for you.
Pursuing a Master’s in Management instead of an MBA usually depends on one’s career goals, experience level, and aspirations. Some advantages of a master’s in management are:
-
Designed for Early-Career Professionals: It requires less work experience and is typically targeted at recent graduates or professionals with limited work experience (0-2 years). This can be good for starting a career and getting a good foundation in business management.
-
Cost-Effective: Master’s in management has lower tuition fees comparatively *
-
Shorter Duration: Master’s in management are often 1 year long rather than the typical 2-year MBA.
-
Foundational Knowledge: Master’s in management covers a broad range of business subjects and acts as a foundational course. The program is designed to introduce fundamental management concepts, making it a good starting point for those looking to learn about various business functions.
-
Entry-Level Management Roles: Master’s in management prepares graduates for entry-level management or analyst positions. Companies that typically recruit MBAs may also hire Master’s in management graduates, especially in Europe, where Master’s in management programs are more established.
-
Pathway to MBA: If you decide later that you need deeper expertise or want to switch career paths, a Master’s in management can serve as a stepping stone. You can gain some experience, learn what are your areas of interest, and potentially pursue an MBA later.
-
Faster Entry into the Workforce: Since Master’s in management programs are usually only a year long, students can quickly enter the workforce and start gaining experience. Starting a career early means beginning to build a professional network sooner, which can be advantageous over time.
1 Like
Hello sir, I do not have any work experience. How beneficial would it be for me to pursue MBA? And how’s arizona university placements for the program?
Hi @Arya_1 , there are a few things that you should consider
- You can join masters in management programs with 0-2 years experience. College internships will help in putting across a strong profile.
- For an MBA you must have 3 or more years of work experience. Most b-schools in India now prefer applicants with some work exp. Reason being- in an MBA class, students learn as much from their peers as they learn from their teachers. So you should be able to contribute your professional experiences for your peers to learn from. Secondly, you will have more context to what is being taught in class if you can relate it with your own professional experience.
- Not starting a job or leaving a job to study for the GMAT is perhaps the worst utilization of time, and admissions teams will not be impressed by you for doing this. B-schools are high octane environments where multi-tasking is a survival skill. So you should be finding yourself a job and studying for the GMAT along side it. There are many other things you can do in conjunction to build a strong profile for MBA admission, but we’ll come to that later, once you have the basics sorted.
- when considering going abroad to study, also factor in your post-academic employability. As I do not know about ASU so maybe they can help you out whether the institution and the degree you attain help you find a job? If you don’t have a very positive answer to this, then it may be better to stick around in your own country and find a job as the entry barriers will be lower.
Pulkit is absolutely right.
For the information on ASU, I have a couple of friends who completed their MBA from ASU and they all are employed now. However, please keep in mind that in USA, the universities do not help you get a job or have placement drive. They organize job fairs where companies come and share details about them but again they don’t accept any resume during job fairs.
You have to hunt for a job using LinkedIn/Indeed and work on your skills.