{"id":26868,"date":"2019-08-29T10:30:17","date_gmt":"2019-08-29T08:30:17","guid":{"rendered":"https:\/\/www.euruni.edu\/blog\/?p=26868"},"modified":"2022-04-13T11:38:52","modified_gmt":"2022-04-13T09:38:52","slug":"difference-between-masters-mba","status":"publish","type":"post","link":"https:\/\/www.euruni.edu\/blog\/difference-between-masters-mba\/","title":{"rendered":"What\u2019s the Difference Between a Master\u2019s Degree and an MBA?\u00a0"},"content":{"rendered":"

You\u2019re standing at a critical crossroads in your career and you\u2019re deciding on what your next big move should be. You might have just graduated from a bachelor\u2019s degree or maybe you\u2019ve been at a company for a few years but are now looking to take your knowledge and expertise to the next level.\u00a0<\/span>\u00a0<\/span><\/p>\n

There are two paths that can be taken to give you that unique selling proposition (USP) and boost your personal valuation: an MBA, which looks at fundamental business knowledge and sharpens your leadership skills, or a master\u2019s degree, which focuses more comprehensively on a particular discipline.<\/strong><\/p>\n

Before taking the big jump into either degree, you might want to do some research to find out which is the best fit for you. The question is how to go about arming yourself with the right skillset in order to be a lucrative solutions-provider for any company.\u00a0\u00a0<\/span>\u00a0<\/span><\/p>\n

The Need for Specialists\u00a0<\/strong><\/span>\u00a0<\/strong><\/h2>\n

Generalists might be good around the house, but specialists are prized outside, in the business world. New careers and the demand for specializations are emerging at a rapid pace in response to technological advances. All businesses, including the world\u2019s most successful companies such as Google, Amazon\u00a0and Facebook, need people with specialist knowledge<\/strong> to fulfill new roles as they adapt to shifts in the market based on current trends. In fact, it is because of their ability to adapt that these businesses remain so successful, and to do this they need experts in the latest trends.\u00a0<\/span>\u00a0<\/span><\/p>\n

Rufus Franck, founder of Consultants 500, says that \u201cThe effect of specialization is such a broad concept that it touches upon almost everything in our daily life, and our natural urge for specialization is also one of the main reasons why professional services exist. Society and businesses cannot know everything and therefore need specialists with practical experience to help and guide us.\u201d<\/span>\u00a0<\/span><\/p>\n

\"\"<\/p>\n

MBA: A Building Block<\/strong><\/span>\u00a0<\/span><\/h2>\n

MBA programs focus primarily on business and provide you with the skills to improve your managerial competencies. In many cases, candidates need not have a bachelor\u2019s degree in business<\/a> to enroll; and since the globalized world\u2019s lingua franca is business, they can also be from different corners of the globe. In fact, many business institutes welcome multilingual and multicultural candidates from non-traditional backgrounds. This is said to enrich classroom discussions and set the tone for dynamic and innovative thinking applied to common business problems.\u00a0<\/span>\u00a0<\/span><\/p>\n

MBAs also utilize <\/span>case-studies based on real problems faced in the business world. EU Business School even goes further with their MBAs by drawing upon experiential learning, a method that not only focuses on case studies but uses classroom theory and hands-on experience and a way of learning facilitated by experienced and highly successful lecturers. This proven education model draws on both American business curricula and European learning methodologies.\u00a0<\/span>\u00a0<\/span><\/p>\n

In most cases, MBAs also <\/span>require at least two years of professional experience as part of their admission requirements. This is because MBAs enable candidates to build on, strengthen and expand key business skills acquired during their careers.<\/strong> Moreover, MBAs at EU Business School give students the opportunity not only to master foundational topics in business but also select an area of interest in which to specialize.\u00a0<\/span>\u00a0<\/span><\/p>\n

Co-founder and CEO of MBJ LONDON and EU Business School alumnus, Julian <\/span>Baladurage<\/span>, emphasizes this point quite well, that having specialized knowledge in a <\/span>particular field<\/span> puts you ahead of the competition. \u201cUnderstanding big buzzwords like artificial intelligence, machine learning, big data, wide data is important,\u201d he says, \u201cbecause there\u2019s a lot of people out there who know everything quite broadly, but I think there are people right now who are needed who are quite niche, who understand one thing very well.\u201d<\/span>\u00a0<\/span><\/p>\n

Master\u2019s<\/strong>: A Core Focus<\/strong><\/span>\u00a0<\/strong><\/h2>\n

A master\u2019s from an internationally recognized, professionally accredited business school such as EU Business School will also give you the edge in today\u2019s job market, by demonstrating that you have acquired an industry-specific skillset.\u00a0<\/span>\u00a0<\/span><\/p>\n

Take, for example, the business of fashion and luxury, which can be hard to get into without the specialized knowledge that a master\u2019s in the topic can provide you with. Christopher Moore, Director of the British School of Fashion, highlights the importance of having a postgraduate degree in the fashion industry, stating that \u201cThe market has become so competitive that very often the very best fashion companies can take their pick, so they will go for the graduates who are the most rounded and the most educated.” If you can demonstrate an in-depth knowledge of high-end brands and customer attraction and retention, companies will take your credentials more seriously.<\/strong><\/span>\u00a0<\/strong><\/p>\n

Both degrees are highly valuable and the demand for graduates who possess either of them continues to grow. By studying an MBA or master\u2019s, you are exposed to, and learn about, the latest trends and other niche areas in business. Applying this knowledge will help with both personal and company development and, despite both degrees offering a very different pathway, it\u2019s reaching your career goals that count.<\/span>\u00a0<\/span><\/p>\n

At EU Business School, we understand how important it is to know the market and gauge which disciplines are in demand. Our master’s programs<\/a> include Digital Business, Innovation and Entrepreneurship and Fashion and Luxury Business, while our MBA program<\/a> offers a choice of eleven majors, including Blockchain, Global Banking and Finance, and Sports Management.\u00a0<\/span><\/p>\n

\"study<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

You\u2019re standing at a critical crossroads in your career and you\u2019re deciding on what your next big move should be. You might have just graduated from a bachelor\u2019s degree or maybe you\u2019ve been at a company for a few years but are now looking to take your knowledge and expertise to the next level.\u00a0\u00a0 There are two paths that can be taken to give you that unique selling proposition (USP) and boost your personal valuation: an MBA, which looks at fundamental business knowledge and sharpens your leadership skills, or a master\u2019s degree, which focuses more comprehensively on a particular discipline. […]<\/p>\n","protected":false},"author":2,"featured_media":26893,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[1764,702],"tags":[1153,731,682,685],"class_list":["post-26868","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-eu-business-school","category-academic-programs","tag-masters","tag-mba","tag-mba-degree","tag-online-mba","post--single"],"yoast_head":"\r\nWhat\u2019s the Difference Between a Master\u2019s Degree and an MBA?\u00a0 | EU Business School<\/title>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/www.euruni.edu\/blog\/difference-between-masters-mba\/\" \/>\r\n<meta name=\"author\" content=\"EU Business School\" \/>\r\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.euruni.edu\\\/blog\\\/difference-between-masters-mba\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"EU Blog\",\"item\":\"https:\\\/\\\/www.euruni.edu\\\/blog\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"EU Programs\",\"item\":\"https:\\\/\\\/www.euruni.edu\\\/blog\\\/category\\\/academic-programs\\\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"What\u2019s the Difference Between a Master\u2019s Degree and an MBA?\u00a0\"}]}]}<\/script>\r\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"What\u2019s the Difference Between a Master\u2019s Degree and an MBA?\u00a0 | EU Business School","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.euruni.edu\/blog\/difference-between-masters-mba\/","author":"EU Business School","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"BreadcrumbList","@id":"https:\/\/www.euruni.edu\/blog\/difference-between-masters-mba\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"EU Blog","item":"https:\/\/www.euruni.edu\/blog\/"},{"@type":"ListItem","position":2,"name":"EU Programs","item":"https:\/\/www.euruni.edu\/blog\/category\/academic-programs\/"},{"@type":"ListItem","position":3,"name":"What\u2019s the Difference Between a Master\u2019s Degree and an MBA?\u00a0"}]}]}},"_links":{"self":[{"href":"https:\/\/www.euruni.edu\/blog\/wp-json\/wp\/v2\/posts\/26868","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.euruni.edu\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.euruni.edu\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.euruni.edu\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.euruni.edu\/blog\/wp-json\/wp\/v2\/comments?post=26868"}],"version-history":[{"count":18,"href":"https:\/\/www.euruni.edu\/blog\/wp-json\/wp\/v2\/posts\/26868\/revisions"}],"predecessor-version":[{"id":35726,"href":"https:\/\/www.euruni.edu\/blog\/wp-json\/wp\/v2\/posts\/26868\/revisions\/35726"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.euruni.edu\/blog\/wp-json\/wp\/v2\/media\/26893"}],"wp:attachment":[{"href":"https:\/\/www.euruni.edu\/blog\/wp-json\/wp\/v2\/media?parent=26868"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.euruni.edu\/blog\/wp-json\/wp\/v2\/categories?post=26868"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.euruni.edu\/blog\/wp-json\/wp\/v2\/tags?post=26868"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}