MBA vs. Masters of Management

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Posted Aug 29, 2011 19:44

I am a 22 year old female graduate from the University of Tennessee. I graduated with a bachelors degree in business administration with a double concentration in finance/international business with honors. I am currently working as a show/inventory planner with a medium sized jewelry company in Knoxville. My goal is to go back to school next fall (2012). I am struggling with deciding if I should be trying to get an MBA in a top tier school or doing a masters in global management or fashion management. My interests are in global studies and fashion merchandising. It's hard for me to justify spending so much money on continuing education if it's not going to be the appropriate program for me. I would love some advice on this situation.

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chirantan3...

0 1

Posted Sep 09, 2011 08:09

can MBA in biotechnology is best from other?

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Duncan

3475 13039

Posted Sep 09, 2011 09:57

Until you have three of four years or work experience you'll find it hard to get into a top MBA programme. Your experience in event and inventory planning give you access to a broad range of industries: not only fashion but also retail and logistics more generally. Those other areas will be better paid than fashion, and often progress will be easier. In that case, a master in management will fit getter than a masters in some aspect of the fashion business. A great example is the Wake Forest MA: http://business.wfu.edu/default.aspx?id=450

If you're interested in moving to a larger firm or a bigger city, then look for a programme in one of those cities. I just searched LinkedIn for which universities have the most alumni that are inventory planners, and got this list:
# Penn State University (103)
# Michigan State University (90)
# University of California, Berkeley (62)
# San Jose State University (43)
# Purdue University (36)
# San Francisco State University (35)
# Northeastern University (35)
# University of California, Davis (34)
# Northern Illinois University (34)
# The Ohio State University (34)

Maybe those are good schools to start to look at?

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ezra

180 770

Posted Sep 09, 2011 18:29

can MBA in biotechnology is best from other?

Wow, I think my brain just broke.

But seriously, to the OP: It sounds like we need more clarity from you to as what your goals are in going back to school. How long have you been at your current position? Why do you feel you need to immediately go back to school?

As Duncan mentioned, it's hard to get into any MBA program worth the cost without 3-4 years of solid, skill-building experience. Master in management programs often don't require work experience - but there are some drawbacks: mainly, grads with MiM degrees make far less than those with MBAs; and - for an American, most MiM programs are in Europe - so when calculating your return on investment, you'll have to include the costs of travel, living in a foreign country, etc.

So, an option to consider is whether it's worth going into the workforce for a few years before coming back to school. Think about your goals in going back to school, what the cost will be, and long-term career plans. In the meantime, check out some blog posts here about Master in management programs, they're pretty insightful on the differences between MiMs and MBAs:

http://www.find-mba.com/mba-blog/2010/06/12/master_in_management_or_mba_graf_interview/
http://www.find-mba.com/mba-blog/2011/09/08/apples-to-oranges/

<blockquote>can MBA in biotechnology is best from other?</blockquote>

Wow, I think my brain just broke.

But seriously, to the OP: It sounds like we need more clarity from you to as what your goals are in going back to school. How long have you been at your current position? Why do you feel you need to immediately go back to school?

As Duncan mentioned, it's hard to get into any MBA program worth the cost without 3-4 years of solid, skill-building experience. Master in management programs often don't require work experience - but there are some drawbacks: mainly, grads with MiM degrees make far less than those with MBAs; and - for an American, most MiM programs are in Europe - so when calculating your return on investment, you'll have to include the costs of travel, living in a foreign country, etc.

So, an option to consider is whether it's worth going into the workforce for a few years before coming back to school. Think about your goals in going back to school, what the cost will be, and long-term career plans. In the meantime, check out some blog posts here about Master in management programs, they're pretty insightful on the differences between MiMs and MBAs:

http://www.find-mba.com/mba-blog/2010/06/12/master_in_management_or_mba_graf_interview/
http://www.find-mba.com/mba-blog/2011/09/08/apples-to-oranges/

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