What is the difference between an MBA and a Master’s in Management (MiM)?
Posted Dec 18, 2019
I'm a bit confused about the difference between an MBA and a Master's in Management degree. Can somebody fill me in?
I'm a bit confused about the difference between an MBA and a Master's in Management degree. Can somebody fill me in?
Posted Dec 18, 2019
The Master in Management degree is made for those with little or no work experience, who are just starting out in their career. On the other hand, an MBA program typically requires several years of work experience. In this sense, both degrees are distinct from one another.
As such, a big difference between MBAs and MiMs is the people you study alongside. The mantra of the MBA is that one learns as much from experienced peers as professors, and this translates into a valuable alumni network. In comparison, MiM programs rely more on academic theory and work experience to teach students.
The seniority of MBA candidates is reflected in post-program career outcomes. MBAs start several rungs above MiM candidates and are usually paid significantly more. However, MBA programs are far more costly than MiMs, so in some cases MiMs offer a better return on investment (ROI) than MBAs.
Interestingly, a new trend is to combine both qualifications in an effort to stand out in a competitive jobs market.
As such, a big difference between MBAs and MiMs is the people you study alongside. The mantra of the MBA is that one learns as much from experienced peers as professors, and this translates into a valuable alumni network. In comparison, MiM programs rely more on academic theory and work experience to teach students.
The seniority of MBA candidates is reflected in post-program career outcomes. MBAs start several rungs above MiM candidates and are usually paid significantly more. However, MBA programs are far more costly than MiMs, so in some cases MiMs offer a better return on investment (ROI) than MBAs.
Interestingly, a new trend is to combine both qualifications in an effort to stand out in a competitive jobs market.
The Master in Management degree is made for those with little or no work experience, who are just starting out in their career. On the other hand, an MBA program typically requires several years of work experience. In this sense, both degrees are distinct from one another.
As such, a big difference between MBAs and MiMs is the people you study alongside. The mantra of the MBA is that one learns as much from experienced peers as professors, and this translates into a valuable alumni network. In comparison, MiM programs rely more on academic theory and work experience to teach students.
The seniority of MBA candidates is reflected in post-program career outcomes. MBAs start several rungs above MiM candidates and are usually paid significantly more. However, MBA programs are far more costly than MiMs, so in some cases MiMs offer a better return on investment (ROI) than MBAs.
Interestingly, a new trend is to combine both qualifications in an effort to stand out in a competitive jobs market.
As such, a big difference between MBAs and MiMs is the people you study alongside. The mantra of the MBA is that one learns as much from experienced peers as professors, and this translates into a valuable alumni network. In comparison, MiM programs rely more on academic theory and work experience to teach students.
The seniority of MBA candidates is reflected in post-program career outcomes. MBAs start several rungs above MiM candidates and are usually paid significantly more. However, MBA programs are far more costly than MiMs, so in some cases MiMs offer a better return on investment (ROI) than MBAs.
Interestingly, a new trend is to combine both qualifications in an effort to stand out in a competitive jobs market.
