Advantages of a Master’s Degree in Business

Types of Master’s Degree Programs

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Types of Master’s Degree Programs

Generalized Master’s in Business

A general Master’s Degree in Business Administration (MBA), provides students with a broad set of knowledge and skills from accounting to marketing. This type of program can significantly expand your understanding of all aspects of business. MBA programs will develop how you think about critical challenges in business through case studies, real-life projects, group assignments, and other methods.

Most MBA programs offer a variety of tracks or concentrations. For example, if you pursue a track/concentration in marketing you might take a courses in consumer behavior or product lifecycles; whereas these topics would traditionally not be covered in a more general MBA curriculum.

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Specialized Master’s in Business

Specialized master’s degree programs are intended to specifically explore one area of business. These programs, known as Master of Science/Arts programs, may be in accounting, entrepreneurship, finance, management, marketing, and other areas. Courses in each program are more in depth than generalized MBA programs that cover broad topics at less focused levels. For instance, a typical Master of Science in Management will included courses such as human resource management, leadership, strategic management, organizational behavior, employment law, and etc. A finance program will cover courses such as capital management, investments, macro/micro economics, and etc.

Explore some of the common types of Master of Science programs:

Accounting
Finance
Information Systems Management
Management
Marketing
Sports Management

Selecting Your Program

Before Choosing a Degree Program Consider...

- Starting salaries of graduates
- Supply and demand for jobs in the field
- Organizations that you are interested in working for that
    require in-depth expertise in certain areas; such as an accounting firm
- Geographical areas where you wish to begin your career or
    reside and whether or not your field is highly demanded in these locations