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What’s the difference between an MBA and an MSc?

5 min

So you’re considering a postgraduate in business but you’re not sure where to start? Rest assured, you’re not the only one who’s confused. There are so many different course titles, accreditations, and differences in course content that it can be difficult to find the right course for you!

One thing you can rely on, though, is that a postgraduate qualification in business will set you apart from your peers.

MBA vs MSc​

The MBA vs MSc confusion can be settled with one quick piece of information: Studying for an MSc gives you a depth of knowledge in a specialised field, whereas the MBA gives you a breadth of knowledge. When you are weighing up the options, ask yourself - what would best suit your career? Do you need to be a generalist or a specialist?

Master of Business Administration

If your goal is to have a broad knowledge of how to approach business management and strategy, the MBA would be ideal. Griffith College offers an MBA in International Business Management designed to develop leadership skills and offer professionals the opportunity to have their business expertise formally recognised. Our course prepares you to operate in and understand managerial functions through modules like International Strategic Management, Global Marketing, Entrepreneurial Innovation and Managerial Finance. The MBA requires a minimum of 3 years’ managerial experience as students need to call on their practical experiences, to think strategically and to use workplace evidence within assessments. Similarly, as students bring their experiences from all industries they create a rich, collaborative learning environment.

Master of Science

If you have a definite plan for your future, a more specialised business postgraduate degree might be the right option for you. Griffith College offers several specialised MSc pathways: International Business Management, Accounting & Finance Management, Procurement & Supply Chain Management, Global Brand Management, and International Business & Law.

The MSc courses offer specialist modules on the topics in question, alongside generalist business modules that will give you a good grounding in management. Also, each module is taught by an expert in their field. Many of our lecturers run their own business on a full-time basis and lecture part-time, meaning that they can supply the most up-to-date, industry-relevant information on their subject.

Things to consider

Before undertaking any postgraduate option, consider the following points:

  • Course flexibility – Is your preferred course full-time over one year or part-time over two years? Is there flexibility to spread the course out further?
  • Course content – Does the course cover everything that you’d like to know?
  • Career projections – Will this course help take your career where you’d like it to go?

Whether you are considering an MBA, MSc or even a postgraduate diploma, the above questions are just general points to consider in choosing the right course. In the end, making the right choice requires research into the postgraduate offering that ultimately works best for you.

If you have any questions on any the above options in the Graduate Business School, don’t hesitate to reach out with any questions to our dedicated Graduate Business School admissions team.

 

Interested in GBS?

Learn more about your options with Graduate Business School at Griffith College.