An MBA degree offers many professional, as well as personal, benefits. Whether you work in technology, finance, management, marketing, or manufacturing, an MBA degree will open up opportunities for greater responsibility, career advancement, and increased financial reward.
So an MBA is just an acronym for a type of master's degree? Exactly. MBA stands for Master of Business Administration. So the difference between an MBA and master's degree is that the MBA is just a more specific designation of the degree you're pursuing.
A full-time MBA program usually takes 1 to 2 years to complete. From online to on-campus and full-time to part-time, you can choose from a variety of programs based on your needs. The number of years or months it takes to complete your MBA will vary based on the path you choose.
An MBA is only worth the expense, time, and effort when the graduate plans to work in a business-related field, in management, or as a company founder. An MBA may not be useful for those working in other industries unless they are in management or leadership roles. Not all MBA degrees are created equal.
Top 10 Highest-Paying MBA Concentrations
Jan 18, 2022
Average MBA Salary as per specialization
|MBA Specialization||Average MBA Salary*|
|MBA Finance||Rs 2,00,000 to Rs 14,70,000|
|MBA Human Resource Management||Rs 4,50,000 to Rs 15,50,000|
|MBA Information Technology||Rs 10,000 to Rs 6,00,000|
|MBA Logistics Management||Rs 6,25,000 to Rs 8,50,000|
Jan 5, 2022