MBA or Masters - Whats Right For You

master of business administration or Masters - Whats Right For You master of business administration or Masters Whats Right For You?Posted July 17, 2018, by Michelle MarshallIn theory, the whole MBA v Masters topic might appear to be the fight of the century - in one corner, we have a popular, medium weight and fast-moving component and in the other, a rare but highly desirable heavyweight master for sure, but is this a real fight or just an illusion? If you are reading this you are probably starting to consider the prospects of an MBA and Masters, as well as deciding between an MBA or Masters and that is one smart manoeuvre youve already made If you are planning for an enterprising career, then you are considering the right types of qualifications for sure. Many people think that a Masters and MBA are two different versions of the saatkorn thing, and while it would be lovely to have a more affordable option both in time and costs for the MBA (ahhh Utopia here we come), they are in fact two different but equally relevant qualifications. So while relevance, leadership and postgraduate status might be the only the similarities between an MBA or Masters, there is still plenty that youll need to find out about each qualification. In short, MBAs seek to develop appropriate skills on a foundation of a candidates life or professional experience, while the majority of Masters Degrees build on the academic background of the student.Which leads to the question MBA or Masters, which ones for you?MastersMasters Degrees are aimed at recent graduates with up to two years of professional experience. A Masters takes around 18 months to two years to complete and can help you to become a real specialist in yur field by immersing you in a professional arena to advance your knowledge in your industry. Continuing your studies to do a Masters shows dedication and ambition, and on completion can excel you for roles with some of the best companies in Australia.Masters Degrees ar e aimed at recent graduatesAnd youll only need one to two years experience depending upon your course providers requirements.A Masters is a great way to kickstart your careerThey are targeted towards people who want to pack a punch at the beginning of their career and are useful tools for snagging opportunities at the best companies.Get specialisedThe more specialised nature of a masters qualification provides the students with the precise academic and theoretical framework to tackle a specific area.Theoretical study styleYoull learn through combination case studies, team projects and lectures with a heavy dose of the basics of business theory thrown in - a lot.Aids you in knowing how to run or build a businessAnd those are solid skills that will platzset you up for a bright future, even if we do project our own biased opinion in here.MBAAn MBA is an acronym for a type of Masters Degree. MBA stands for Master of Business Administration and is a top-notch qualification. Its aimed at experienced professionals with at least four years of professional work experience, it can take up to two years to complete, however, the cost is often significantly higher than a Masters. An MBA can help you advance your career in business or management, BIG TIME, as well as bring you a high salary tooWorldwide membership of the MBA club Ok, so theres not really a club, but the MBA is known and revered worldwide Talk about opening doors of opportunity.The MBA is an incredible tool for career and salary progression Most people study for an MBA because they know that their career and subsequent salary is going to increaseas a result. The qualification will also arm you with the confidence to pursue roles in leadership and management.MBA graduates are a mature crowdYoull probably be around the age of 27 upwards (27-35 on average to be precise) when you graduate from your MBA studies. But that doesnt mean if you are over that age you shouldnt go for it - just sayingMBA provides pots of potential to geek out on some pretty lucrative subjectsMBAs are comprised of 12 subjects including a select number of electives/ specialist subject. Each specialisation allows you to take units devoted to your field of interest and learn from professors who are specialists in the area. Youll study, in detail topics such as Managing a Project Based Organisation, Contract Law for Managers, Entrepreneurship, Managing Consultancy Practice, International Business, Leading for Innovation and Sustainability, Mindfulness and Transformational Leadership, Strategic Organisational Change, philanthropisch Resource Management.Accelerate your career development (rocket style) Youll be taken seriously if you hold an MBA in fact many CEOs are MBA graduates, or vice versa (an MBA graduate becomes a CEO). Even with less experience, you are still likely to find it easier to pick up a management position with a top-notch company.MBA graduates command a higher than average salary This is because they k now their stuff and theyve got the experience to match their specialised and profoundly focused knowledge - a lethal combination Salaries in the 100,000s are not unusual. In fact, Australian MBA graduates had the top five salaries in the world according to QS Job Salary Report 2018.Masters Vs MBASo the great debate of Masters Vs MBA is one that remains a draw because ultimately it comes down to what works for you. Your decision should depend on two important factors. Firstly, what are your goals? If you are 100% on your career path and hope to develop in this specific field than a Masters is your pick as it outweighs the more generic, business-focused content covered in an MBA. Secondly, do you meet the prerequisites? Highly regarded MBA programs require specific entry qualifications and the right amount of experience, so before you lose sleep over the decision, make sure that youre correctly qualified.Master of Business Administration (Innovation and Leadership...Study modeverbunde nPayment optionsUpfront paymentCourse guide+ FREE eBrochureEnquire Online Enquire OnlineMBA ResourcesGeneral manager resumeGeneral manager cover letterCareer Insider StoriesChristopher Nheu - Head of Product at militrischer abschirmdienst PawsTahnee Claeys - Head of Operations at Mad PawsInterested in becoming a?Marketing ManagerProject ManagerHuman Resources ManagerFinancial PlannerAdministration ManagerPopular Career Searchesmasters of agribusinesscheapest online mba australiashort refresher courses in administrationcert 3 in business managementtwo year degrees australiaMBA CoursesMaster of Business Administration (MBA+)Enquire Online Enquire OnlineThe AIB MBAEnquire Online Enquire OnlineMaster of Business AdministrationEnquire Online Enquire OnlineMaster of Business AdministrationEnquire Online Enquire OnlineMichelle MarshallRelated ArticlesBrowse moreEntrepreneurshipFinanceIndustries That Require An MBAAn MBA is a powerful tool to have in your kit, but which industries value it most? See just how valuable an MBA qualification can be in fields like finance, law, HR and more.MBAPay/SalaryWill Doing An MBA Improve My Salary?Want to know the MBA definition? Find out in record time in this quick read article. Furthermore, uncover the way an MBA can help you accelerate your career and respective salary. Did we say salary increase? Yes, we did Keep reading to discover more.BusinessEntrepreneurshipMBAs the most bang for your educational buckIn an increasingly competitive labour market and one where higher educational qualifications are becoming the norm, its important for aspiring executives to set themselves apart from the rest of the pack.