Choosing between Masters and MBA in US


Masters or MBA in US A graduate student with very little real world experience is not always clear on what he or she wants to do. If you are planning to pursue a higher education in USA,  then you will have  to have a clear choice.

It professionals in Asian countries are very much tempted to go for MBA because they want a switch from technology. But MBA does not guarantee you a cushy comforting job of a manager with 6 figure $$$ salary

If you are a very smart student which can go IVY league universities in USA and have some relevant experience in the field, go for MBA. If you are a civil engineer or Software engineer or a graduate with ZERO experience and want to crack into the investment banking, it is going to be really hard.

Post 2008 financial meltdown, financial sector does not have that many jobs.
The nation’s 100 biggest metropolitan areas lost a collective total of 459,400 financial-activities jobs during the past four years. Financial sector job losses

You would generally have few career options after doing your MBA
1. Investment Analyst
2. Sales /marketing
3. HR
4. Strategy Consultant
5. Business analyst into a financial domain.
6. Managerial/Operational roles

Health care management is the new frontier with option to do both Master or MBA. Career in health care management

To summarize the differences

MS / Masters

MBA

Specific field of study E.g. MS in Computer Science, MS in Finance, MS in Marketing, MA in Management More general management study, with options to choose concentration in finance, marketing, operations, etc.
Typical career options are specific roles with little focus on management Typical career options:

1. Investment Analyst

2. Sales /marketing

3. HR

4. Strategy Consultant

5. Business analyst into a financial domain.

6. Managerial/Operational roles

7. MBA Development Program (normally do not hire international students)

Here is a blog post in which it goes in  detail and pros and cons for Masters or MBA

 

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