Masters of Business Administration MBA

You are doin your final year from mechanical you want to pursue your career in masters which one should you go MBA or for MS?

Answer

Wiki User
06/01/2009

This is really your preference. If you wish to pursue advanced study that is specific to your field, then the masters in that field would be appropriate. However, many individuals who plan on moving into management and leadership positions within their field, or any other field choose a masters in business administration (MBA). In this way you are not boxing yourself into one field, but leaving open many other opportunities and positions in other fields as well. Individuals who pursue an MBA come from a variety of educational backgrounds and disciplines. Read the following reasons why people choose an MBA.

The following was written by Wharton College Pennsylvania. This should help. Why an MBA The MBA is not an end in itself, but a means to an end. It is a degree designed to give you the ability to develop your career to its fullest potential, at an accelerated pace. What will you get out of an MBA? Aside from a powerful life experience, the MBA degree should supply three main value propositions: Skills, Networks, and Brand. Skills These include the "hard skills" of economics, finance, marketing, operations, management, and accounting, as well as the "soft skills " of leadership, teamwork, ethics, and communication that are so critical for effective management. MBA students acquire these skills inside and outside the classroom. Since MBA programs attract people from very diverse industries and cultures, a program should be able to leverage these differences and translate them into learning opportunities. Networks An MBA degree program offers access to a network of MBA students, alumni, faculty, and business and community leaders. This network can be very useful when beginning a job search, developing a career path, building business relationships in your current career, or pursuing expertise outside your current field. For example, entrepreneurs need access to capital, business partners, vendors, and clients. Arts-related businesses need access to funding and strategic management in order to position themselves to be relevant in the marketplace. Global businesses need access to local business cultures as they expand their enterprises to new territories. Brand The MBA degree is a recognized brand that signifies management and leadership training. The particular school and type of MBA program you attend also have brand associations that can help open doors based on the school's reputation. The strength of a school's brand is based on the program's history, its ability to provide students with technical skills and opportunities for personal growth, and the reach of its alumni and industry network. A powerful brand can give you the flexibility to make changes throughout your career.