This is more sort of a personal question which thousands of students all over the world are facing. Well, standing at one end-point and analyzing the difference between MS and MBA can be tricky at times. Should it be MS because of fewer costs or MBA is a great one?
Here, right in this article, we will do a clear difference between MS and MBA. We will go through the top 5 myths which will even explain a clear difference between the two. So, let’s start.
Difference between MS and MBA
Myth 1: MS Programs are only based on Science and Engineering
Over centuries, it has been a misconception that MS programs are solely on the basis of science and engineering. But, in reality, it focuses on Business Analytics and even on different marketing finance operations. Hence, like MBA, MS has got something for business freaks too.
Myth 2: MBA Program gives a great career growth
Again, it’s partially true. Much of the MBA program depends on individual’s career performance and does not have a direct connection with MBA and MS. Of course, individual skill matters in Masters of Business Administration to a great extent.
Myth 3: MS Programs are much easy to gain an admission to
No, it’s a big no. MS programs are much more competent in the top universities of the world. They are competitive as much as MBA and requires certain strong skills. In those skill-set, strong profiles, excellent test scores are the things you will need to crack an MS exam.
Myth 4: MS is just another course on the road, One will need to do MBA later
While some people reach top C positions by doing MS, still they are lacking in some essential business knowledge. Hence, MBA can be one of the options but it isn’t the only one. Here, you can take certain senior roles and can make yourself worth for any organization.
Myth 5: MS is low cost, so higher is the value
When compared with MBA, Masters of Science does take a hefty amount of money from you. Also, MBA programs have higher pay rates for student’s right after the program. And, in certain top-class universities, MBA courses have slightly higher fees than MS.
Final Words- Difference between MS and MBA
To be precise, MS is a much more specialized course than MBA. But, with MBA, you can land on higher pay cheques at a quite faster pace. Hence, all depends on individual’s point of view, thinking, and their understanding.
As of now, go through the above difference between MS and MBA and pick the right course. This will help you to shine in your afterward life with whole glory and freedom!