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:
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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.
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Cost-Effective: Master’s in management has lower tuition fees comparatively *
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Shorter Duration: Master’s in management are often 1 year long rather than the typical 2-year MBA.
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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.
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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.
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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.
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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.