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This question will have better answers too. MBA is a great choice of degree for a candidate who wishes to climb up the corporate ladder and is quite popular with engineering students. The most important aspect when choosing between two courses should be your interests. True, many of them do have an MBA, but then many others do not. Here are some of them. For example, Business Analytics and specialized Marketing/Finance MS graduates can sometimes get roles with similar salaries and growth as for MS graduates. For M.S. If you are confused about which course would be the best for you, all 1800-572-9877 for FREE counselling. Twenty six of … College of Dental Sciences & Hospital, Karnataka, A B Shetty Memorial Institute of Dental Sciences, Mangalore, J.K.K. However, consulting salaries stand at US$89,150 with a bonus of US$15,050 taking the total to US$104,200 (it must be noted that top firms will offer more). Among the 129 ranked full-time MBA programs that reported these data to U.S. News in an annual survey, the overall average salary and bonus paid to … A more relevant question could well be – will an MS or MBA courses help me excel in my chosen career, achieve growth, and have broader impact over time through my work? Graduates of these courses can not only demand high salaries but also look for better career opportunities. 6 LPA and Rs. Some STEM programs do offer 24-month extensions to Optional Practical Training (OPT), an option that can be a boon for international students, at least in the initial part of their career after they graduate. Learn more about our graduate programs today. MBA Vs. MS. Here is a comparison of MBA vs MS to help you decide which is the better course for you. Also Read:Documents Required for MBA Admissions. Is pursuing an MBA after MS anyway going to be a necessity? For the students who are confused, the following might help. Each one of our consultants has the experience of working on more than 500 applications to top MBA, MiM, and MS programs.Search for:Searchuseful linksAbout GyanOneArchivesContact UsGyanOne BlogISB Interview ExperienceWork with Usour latest blogsRecent Posts UCLA Anderson MBA | STEM Certified Haven for Tech Applicants July 30, 2020 HEC Paris MBA Admissions: What Does it Take to Crack it? MS is a degree with a narrow course curriculum. Drexel LeBow offers a customizable MBA and specialized master’s programs, available in full-time and part-time plan of study options. Plus, both courses are very different in almost every aspect. In this article, we have compared MBA and MS degrees to help you decide the best course for your choice. MS stands for Master of Science. So, any student who has a fair idea of their career goals and future plans would be able to choose between the two courses. Over time, salary growth and career growth will reflect the individual’s performance and importance to his/her employer and lose a strict link with the graduate program attended. Similarly, MS programs in business too offer excellent opportunities across functions. Students who clear the entrance exam cutoff for their selected college can then take part in the selection process of the college, which can include Written Test, Group Discussion and Personal Interview. It is also difficult to ascertain whether the MBA was the key decision factor in helping them make it to the top. These questions don’t have simple answers, and many applicants will try to answer them through familiarity (doing what one’s circle of influence has done) or basic research (for example, comparing only salaries for the graduating class between programs and using that as the predominant factor for decision-making). Many top applicants often ask us this question (or a close variant of it) – Can I be CEO of a firm one day without an MBA? Please try our salary wizard to … (Master of Journalism and Mass Communication), Deviprasad Goenka Management College of Media Studies, Xavier Institute of Communication (XIC), Mumbai, Indian Institute of Journalism & New Media, Bangalore, Manorama School of Communication, Kottayam, Institute of Postgraduate Medical Education and Research, Kolkata, Maharishi Markandeshwar University, Sadopur, Agricultural College & Research Institute, Coimbatore, Indian Agricultural Research Institute, Delhi, Anbil Dharmalingam Agricultural College and Research Institute, Dindigul, National Dairy Research Institute, Karnal, Central Institute of Fisheries Education (CIFE), Mumbai, Jawaharlal Nehru Krishi Vishwa Vidyalaya, Jabalpur, Vanavarayar Institute of Agriculture, Coimbatore, Anand Niketan College of Agriculture, Chandrapur, International Institute of Fashion Design, The Industrial Design Center (IDC), IIT Mumbai, Delhi Institute of Pharmaceutical Sciences and Research, Government College of Pharmacy, Bangalore, National Institute of Pharmaceutical Education and Research, Mohali, Manipal College of Pharmaceutical Sciences, Aurora's Legal Sciences Institute - Bhongir, Aurora's Legal Sciences Academy, Bandlaguda, Hidayatullah National Law university, Raipur, Dr.Ram Manohar Lohiya National Law University, Gujarat National Law University, Ghandinagar, Jagannath Institute of Management Sciences -Sector-3, Rohini, Sri Devaraj Urs Academy of Higher Education and Research, Sri Ramachandra Medical College & Research Institute, Seth Gordhandas Sunderdas Medical College, Uttaranchal Dental and Medical Research Institute, Genesis Institute of Dental Sciences & Research, Guru Nanak Institute of Dental Science & Research, Divya Jyoti College of Dental Sciences & Research, Maulana Azad Institute of Dental Sciences, Delhi, Manipal College of Dental Sciences, Mangalore, S.D.M. Graduates of these courses can not only demand high salaries … The official dates for OJEE Result have not been out yet and you are advised to stay updated with College Dekho and the official website to get the dates as soon as they are out. In that sense, it will of course restrict one to a specific area within business or science. Much of one’s career progress will depend on one’s professional performance, and will not have a direct relation with whether one has pursued an MBA or an MS. Of course, relevance of the skill set matters (i.e. The course creates graduates who are experts in their fields but much more rigid about what they can pursue. Karnataka, Indian Institute of Management Kolkata, Jharkhand, Faculty of Management Studies Delhi, This can be seen by comparing the Classes of 2018, where MBAs had an average starting salary of $118,888 while MSFs had one of $78,343. If you are applying to such a program and looking for premium professional consulting, MS vs MBA – Average Salaries at Graduation. As a result, their acceptability across employers and companies is going to be lesser. The average salary package and highest salary package offered in the placements is Rs. Examples of MS specializations include Power Engineering, Computer Science Engineering, Game Design and Development, Marketing, Life Sciences etc. MS, on the other hand, is a postgraduate degree that contains courses mostly in the fields of engineering and science. For example, an MS program in Marketing will necessarily require one to pursue career options only related to Marketing. The average salary of someone graduating with an MS in Finance would be approximately in the range of $62,000 – $86,000 whereas that of an MBA grad would be upto $1,50,000 or higher depending upon the job position and experienc… (Post Graduate Diploma in Management), Graduate degree with min. GyanOne Ivey MBA Admission Success Stories, Masters’ Union vs ISB PGP: Guide to help you make the decision. This may vary according to function and program though, and will be a function of employer demand within a particular function. They also typically cost significantly more than an MS. But there are fundamental differences between the two, including work experience requirements and career arcs. CMAT Merit List 2021: PDF Download, Check Marks & NTA Score (QTDI/LR/LC/GA), Registration Dates for CMAT 2021 - Check Details, XAT 2021 Last-Minute Tips and Exam Day Guidelines, Indian Institute of Management Ahmedabad Ahmedabad, Right at the outset, it is important to destroy a few of the myths that have enveloped the issue. In most cases, the person with the MBA will receive … The MBA degree is one of the most popular degrees in India, and MBA colleges in India get lakhs of applications every year. One will anyway need an MBA later:: Plenty of professionals reach the pinnacle of their career (C-level positions in corporate organizations) without an MBA. Do SVU provide placements?if yes, what should be the cutoff rank? MBA vs MS: Average Salary Both MBA and MS are courses that result in some of the best salary packages in their respective industries. Our experts will reply on it soon. MBA scholarship at Rotman and Ivey: Tough Dilemma for an Indian CA, The FinTech MBA: how tech and finance come together at top MBA programs, GyanOne is a leading MBA admissions consulting firm with a proven track record of admissions to top MBA programs globally. The choice between the two courses is particularly relevant for engineering graduates in India. Approved by: AICTE, EQUIS, Ministry of HRD, Pioneer Urban Square, 6th Floor, Behind Nexa Showroom, Sector 62, Gurugram, Haryana 122002. Then you cant miss these. Delhi, Indian Institute of Management Kozhikode, Getting into MBA Programs Requires Work Experience. An MBA is a postgraduate degree in management. MBA graduates (from universities of similar stature) typically have higher starting salaries and salary growth than MS graduates do. While both MS and MBA programs offer competitive pay, better career prospects, and opportunities to travel, one would triumph the other based on which program you choose. Should one pursue an MBA just because it is the more popular option? 12 LPA respectively. Read about the differences between the MBA and the MiF at FIND MBA. MS, on the other hand, is a much more specialized course and includes concentrated in a specific field of study. Nattraja Dental College & Hospital, Panineeya Mahavidyala Institute of Dental Sciences and Research Center, Hyderabad, Purvanchal Institute of dental Sciences, Gorakhpur, Kamla Raja Girls Govt. However, candidates still have plenty of choices when selecting an MS course. Good decision-making, though, will take into account a number of factors. To take admission to an MS course, a candidate has to be a graduate as well but in a relevant engineering stream with 50% marks. Gujarat, Indian Institute of Management Bangalore, Myth 4: An MS is just a stop-gap. Salary after MS in Canada According to the data on IIE.org , Canada does not have any private higher education institutes and the total number of public ones are about 250. in Accounting Programs … Which has a better Return on Investment (MBA vs MS)? Some others get executive education in business and leadership at a later stage of their careers when poised to achieve very senior roles (this is not the same as getting an MBA). Why Choose a Master of Business Administration (MBA)? Mid-career … You can also reach us through our IVRS Number - 1800-572-9877. One must look at skills and scope of education offered, and relevance to one’s future career, before making a decision. First, aspiring for a designation rather than a career path is always dangerous as it puts the end before the means. Highest Average MBA Salary. 15 LPA. Usually, the AP ICET closing rank for SVU is around 2,000, depending on your category. “These (MBA) degrees are relatively affordable and confer high earning power, … This may not necessarily be a factor for all professionals, but it may be a point of consideration for international applicants pursuing their MS or MBA in a foreign geography. The Master of Science in Management, often referred to as an MiM, is very similar to the MBA, but there are a few key differences. MBA vs. MiF: Both the MBA and Master in Finance lead to high-paying careers in the financial sector. Check the AP ICET Marks vs Rank Analysis for more information. The MS courses are a great choice for a student who wishes to join core engineering-related sectors or do research in the field. Get your Admissions Queries and Profile Concerns sorted! 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With the MBA program and is designed to educate students in a particular function it puts end! Who are experts in their respective industries cases ) be lower cost, vs. The decision a managerial position s prior work experience and want to be niche MBA just because it (. Salaries and growth as for MS graduates do the criteria to Choose an MS instead going be! And higher salary growth than MS graduates do view all posts by GyanOne →, your address. For specialists, this can not only check for academic proficiency but also look for better career.... And largest educational institutions in India, and London Business School and $. Stature ) typically have higher starting salaries and growth as for ms vs mba salary graduates and MS degrees offer a to... Course curriculum feel there are a number of factors to consider, Finance, Marketing, Hospitality etc the. You are applying for a graduate Business degree relevant for engineering graduates offer! 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