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They are both University Degrees, however MA means Master of Arts and is usually possessed by someone who studies or teaches the Humanities, such as History, or Literature. It is superior to a BA degree and below a PhD

The Degree MB is a first Medical degree, meaning Bachelor of Medicine and is usually coupled with a ChB, a first Degree in Surgery. So to become a Doctor one would have both an MB and a ChB. As one climbs the Medical ladder Higher Degrees and Fellowships are awarded

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