The MBA is one of the most sought-after graduate degrees, and for good reason: It’s versatile and prepares professionals for a variety of roles in business management and analysis. The programs have the same pre-requisite requirements. A Master of Business Administration degree attracts business professionals who are interested in acquiring expansive knowledge on a variety of business topics, including finance, accounting, management, marketing, and entrepreneurship. Here's how to think about the difference in career possibilities: With an MBA, you can also pursue managerial and leadership positions in your current industry, and with an MSML, you gain valuable skills and knowledge for wherever you are in your current career path. We offer 175 programs, including associate's, bachelor's, master's, and doctoral degrees as well as certificates, in areas such as business, IT, education, health sciences, nursing, criminal justice, and more. Kristin Burnham is a journalist and editor, as well as a contributor to the Enrollment Management team at Northeastern University. 7 Business Careers You Can Pursue with a Global Studies Degree. Obtaining a Master in Management degree may be an increasingly viable option for recent graduates looking to launch a career in business. These professionals are responsible for improving the efficiency and quality in delivering healthcare services; developing departmental goals and objectives; and ensuring that the facility is up to date on and compliant with laws and regulations. “We're often asked about the difference between the Master of Business Administration (MBA) and the Master of Science in Management and Leadership (MSML) programs here at Purdue University Global,” says Jack Deem, academic department chair, strategic management and marketing in the School of Business and Information Technology at Purdue Global. Stay up to date on our latest posts and university events. In an MBA program, students complete practical, resume-building projects to achieve a well-rounded background in all aspects of business. At Northeastern, faculty and students collaborate in our more than 30 federally funded research centers, tackling some of the biggest challenges in health, security, and sustainability. The MBA and Master of Science in Operations Management each prepare working professionals for leadership roles. in Leadership and an MBA program need to have a bachelor's degree and may need to meet a minimum GPA requirement, which usually varies by institution and/or program. We recommend moving this block and the preceding CSS link to the HEAD of your HTML file. “The MBA covers all of the key business disciplines and helps students develop key knowledge and abilities to make sound business decisions with a focus on general business skills. Graduates of both programs may work in the same industries, including marketing, healthcare, manufacturing, consulting, nonprofit, higher education, retail, and technology. Both can help you advance your career significantly, she says. Both degrees help professionals develop and sharpen their management, communication, interpersonal, and strategic thinking skills. Management and Leadership. Or, if you’re not already working in a business role, you gain the skills and knowledge to transition to a new business career. How do you know which one is right for you? Leadership is hot. However, the average salaries for Masters in Management students are generally lesser than the international MBA compensation packages. This is a sure plus for a Masters in Management in the UK which is generally less expensive than the MBA degree.    |    Master’s in Project Management or an MBA: What’s the Difference? Here’s a look at a few roles that require (or strongly prefer) an MBA degree. #mc_embed_signup{background:#fff; clear:left; font:14px Helvetica,Arial,sans-serif; } Northeastern’s graduate leadership degree offers seven core concentrations, including human resources management, organizational communication, and project management, though students aren’t limited to careers in those fields. Learn more about online programs at Purdue Global and download our program guide. Students who enroll in Northeastern’s MBA program may choose from more than 10 concentrations, which include data science, cybersecurity, supply chain management, international business, technological innovation, and healthcare management. “Beyond that, the MBA is a great companion degree for those in almost any field who want to enhance their business knowledge, including those with degrees in engineering, law, medicine, and others.”. “If you want broad exposure to business challenges and business experience, this is the pathway to follow,” Ludden says. Marketing managers plan programs to generate interest in products or services, and work with department heads or staff to discuss budgets and contracts, marketing plans, and the selection of advertising media. Hospital administrators plan, direct, and coordinate medical and health services. They are responsible for formulating policies, managing daily operations, and planning the use of materials and human resources. A Master of Science in Leadership is a graduate degree for professionals who would like to create change and impact others, says Mary Ludden, assistant teaching professor in Northeastern University’s College of Professional Studies. Human resources and workplace culture positions are popular niches for those with advanced leadership degrees. Online Master of Leadership . MBA vs. MS in Management and Leadership: Which Degree Should You Choose? Of course, colleges that figure high on the Masters in Management rankings rake in bigger salaries than the other lower ranked universities. Sales directors set goals, analyze data, and develop training programs or organizations’ sales representatives.

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