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MBA vs MSc

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MBA vs MSc [#permalink] New post 05 Nov 2012, 17:18
Dear all,

I hope this is the right forum for me to post in.

I am currently studying for a BSc degree with honours in International Business and Management (my major is International Management) at one of the best business schools in the UK. I definitely want to go into higher education after this, and I had decided to do an MSc in Strategy / International Management, however lately the thought of doing an MBA in the US has come into my mind. I have read a lot about the difference between MBA and MSc, however I know that US firms accept candidates without work experience (I do have more than a year of work experience though) so I am just a bit lost as to which programme would be best for me? Obviously because I am studying Business and Management now, I don't really want to have any repetitive courses, and as far as I understood (please correct me if I'm wrong here!) the MBA is rather for students coming from other disciplines who want to get some foundations in terms of management and leadership? If so, I guess that at least the first year of my MBA would be similar to my undergrad studies...? Also, it seems that most of the US MBA programmes don't offer any exchanges or double degrees, whereas the European MSc programmes offer double degrees, exchanges, and great options such as CEMS. I am not planning to open my own business after my Masters (or in the near future), and want to ideally specialise in hospitality management / client experience / brand management / event management (definitely a client-facing, organisational role - I worked on a big hospitality programme for a year and know that this is where my strengths lie).

I'd just like to get a clear understanding on which programme would be most suitable for me because I am a little bit confused.

Any advice would be much appreciated!

Many thanks
Kate
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Re: MBA vs MSc [#permalink] New post 06 Nov 2012, 00:21
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Kate,
Soooo, the first major difference between an MBa and MSc is that an MBA is for people with work experience. On the average most candidates will have about 4-5 years. So the choice to eventually do an MBA, will mean that you go to work now as opposed to continue studying.

It is not true that an MBA is designed ONLY for people with no business experience. Depending on the school, even half of the class can come from a business background. Although it is true that you get a good deal of diversity (a good thing I think).

The thing about exchange programs is not true either. Most MBA programs DO have exchanges, (after all, the European programs need to have somewhere for you to exchange to! :) ).

I hope this clarifies the differences for you a bit,

If you have any follow-up questions, don't hesitate...
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Re: MBA vs MSc [#permalink] New post 06 Nov 2012, 02:28
Thanks a lot Jon! I had always thought that an MBA was for people with management experience, so I was confused because it seemed the American Unis accept students with 0 work experience. With regards to the exchanges - I probably didn't look in the right place.
Thanks for your advice, really helpful + informative! I feel like the best choice for me is doing an MSc as I originally intended because I don't feel I have enough management and leadership experience to keep up with people with 4-5 years of experience.
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Re: MBA vs MSc [#permalink] New post 06 Nov 2012, 02:31
You also have the masters in management program mainly followed around Europe don't think the concept is very popular with US B-schools.
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Re: MBA vs MSc [#permalink] New post 07 Nov 2012, 02:18
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KateG130290 wrote:
Thanks a lot Jon! I had always thought that an MBA was for people with management experience, so I was confused because it seemed the American Unis accept students with 0 work experience. With regards to the exchanges - I probably didn't look in the right place.
Thanks for your advice, really helpful + informative! I feel like the best choice for me is doing an MSc as I originally intended because I don't feel I have enough management and leadership experience to keep up with people with 4-5 years of experience.


This is true, but not so much for MBA programs. Also, as nelz pointed out, in Europe, you do have the option of applying for Masters in Management (MiM) programs, which are essentially programs with the academic equivalence of an MBA but designed for people without any work experience.

And management school is not so much where you go IN as a manger (plenty of students go in with 0 management experience), but rather where you come OUT with management skills and knowledge, because that is what is taught.
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Re: MBA vs MSc   [#permalink] 07 Nov 2012, 02:18
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