What’s the Difference Between an MBA and an MS in Business?

Jul 23, 2020 by

If you’re aspiring to continue your education in the business field, you might be wondering which degree program is best for you. With an MBA and an MS as viable options, you may be left confused about which way to go. Here are some tips and critical information to consider before you move ahead with advancing your career.

Master of Science in Business


MS is short for Master of Science. This degree allows you to study a subject more closely. The options of study range from mathematics, sociology, product design, and more. In this degree, you will encounter more theoretical and rigorous coursework. If this sounds intriguing to you, an MS might be the perfect fit.

When it comes to time, it requires around two years of dedication to earn. You can begin your MS immediately after completing your undergraduate degree. This opens up the opportunity to then continue school to pursue your Ph.D. after the Master’s degree. It may seem like an ambitious goal, but if you want to be a professor, this is the route to go.

Business Administration


An MBA is a Masters of Business Administration. What this means is that you will learn how to manage businesses. The options for this degree are more diverse than a traditional MS. There are even MBA programs offered completely online. Along with this are full time and part-time programs, which run anywhere up to two years as well.

Business programs like this explore the best practices of leading and managing. You might be interested in a master of business administration program if you find things like business okr interesting. Business okr stands for objectives and key results. This focuses on topics you might learn about throughout your program, including how teams and employees work best, how to give clear and direct instruction, and how to measure your team’s results. A few examples of careers for this certification are consultant, marketing manager, or finance manager.

If you feel like you want to start this next chapter towards an MBA but apprehensive if you’ll have time, remember that these programs are commonly made for people who have been working in the field of business for a few years and want to add more prestige or fulfill a different role that requires this certification.

Financial Options


Finances are a common concern for potential students. Tuition costs coupled with books can be high, so exploring your financial options is critical to achieving your academic goals without a hefty burden.

If you served in the military, you may be eligible for one of the types of GI Bills. This allows you to attend school for little to no costs. You can also look for scholarships that you qualify for. There are scholarships for specific military branches, ethnic backgrounds, and even your GPA. It is highly beneficial to talk to your school’s financial aid advisors to discuss how you can personally lessen the financial burden.

Valuable Resources


One of the best resources for help during these decisions is MBA Central. MBACentral.org was founded in 2015 to provide an editorially unique business school ranking and resource site. It’s an easy, accessible way to explore the different routes for prospective students. Not only do they explore funding choices for students, but they also point out the key differences in specific degree concentrations and school rankings.

As you decide to continue your education at the graduate level, it’s important that you first decide which degree suits you. With these resources combined with your professional desires, you can move forward to finally achieve the higher education and work-related goals of your dreams.

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