Difference Between MBA and MSc: A Guide to Making the Right Choice
Contemplating a postgraduate degree in business, but feeling overwhelmed by the options? You're not alone. The multitude of course titles, accreditations, and varying course content can make it challenging to identify the right program for you. However, one thing is certain: a postgraduate qualification in business will distinguish you from your competition.
MBA vs MSc: Decoding the Difference
The MBA vs Masters (MSc) dilemma can be resolved with a simple distinction: Pursuing an MSc provides in-depth knowledge in a specialized field, while an MBA offers a broad understanding. When evaluating your choices, consider what would best suit your career goals: a generalist or specialist approach?
Master of Business Administration (MBA)
If you aim to acquire a comprehensive understanding of business management and strategy, the MBA is the perfect choice. Griffith College features an MBA in International Business Management, designed to cultivate leadership skills and grant professionals formal recognition for their expertise. Our curriculum prepares you to excel in managerial functions through modules like International Strategic Management, Global Marketing, Entrepreneurial Innovation, and Managerial Finance. The MBA necessitates at least 3 years of managerial experience, as students must draw from their practical experiences to think strategically and utilize workplace evidence within assessments. Furthermore, the diverse professional backgrounds of students foster a rich, collaborative learning environment.
Master of Science (MSc)
If you have a specific career trajectory in mind, a specialized business postgraduate degree might be the ideal option. Griffith College offers various MSc pathways: International Business Management, Accounting & Finance Management, Procurement & Supply Chain Management, Global Brand Management, and International Business & Law.
MSc programs feature specialized modules on relevant topics, along with generalist business modules to provide a solid foundation in management. Additionally, each module is taught by an industry expert. Many of our lecturers operate their own businesses full-time and lecture part-time, ensuring up-to-date, industry-relevant information on their subjects
Factors to consider
Before committing to any postgraduate option, weigh the following factors:
Course Flexibility – Is your desired course full-time over one year or part-time over two years? Can you extend the course duration if necessary?
Course Content – Does the program cover all the topics you'd like to explore?
Career Projections – Will this course help you achieve your career aspirations?
When deliberating between an MBA, MSc, or postgraduate diploma, the questions above serve as general guidelines for selecting the right program. Ultimately, making the best choice requires researching the postgraduate offerings that align with your goals.
If you have any inquiries regarding the Graduate Business School options mentioned above, feel free to contact our dedicated Graduate Business School admissions team with any questions.