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MBA vs. Master's


MBA vs. Master's in International Business/Management

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If anyone can provide feedback, I'd greatly appreciate it. I am looking to go to business school, but I'm not quite sure what to do. I know a MBA would provide me with more opportunities post-grad (more jobs, better $, etc..), but I'm not looking to work in the corporate world. I am interested in international development work, and it seems like every organization I work for has a great mission but is poorly managed.

Therefore, should I go ahead and get a MBA, or should I go down a more specialized road, like a Master's in International Business/Management?


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dolechester on April 19, 2006 at 8:14 AM
I appreciate your dilemma Alex, and I'm heading to b-school this fall with an eye on my own non-profit background and the needs for better management and innovation in that sector.
Although I can't tell you what the opportunities for you will be after either path, my sense is that an MBA is a broadly applicable, broadly recognized degree. You're definitely likely to have lots of exposure to international cultures and contacts through an MBA program - even before I attend school this fall I've already met other students from China, Korea, Venezuela, and Brazil.
Many MBA programs have developed curriculum for non-profit management and social entrepreneurship, and if you shop around you may be able to find a school that will compliment your application with a fine scholarship, which would in many ways free you to pursue the path of your choosing after school (rather than being driven by loan payments).
If a scholarship is your aim, prepare and submit your application early in order to be considered for the full array of scholarships at a school.
Just my thoughts.

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Erika Dianasari on April 20, 2006 at 8:12 PM
Hi Alex, at this moment I'm looking to go to MBA but still on progress of preparation and gather more experiences to bring with when enter MBA later.
Your hesitation is same thought as mine; but what I can say is keep moving foward to take MBA or Master in internatioanl Bus Mgmt; Any Master subjects you will take later wouldn't play key role when you work after. I have some great mentors that all them are MBA graduated, they always tell that MBA would be a great catalyst in our career but it gonna be happenned if we build strong leadership behavior.
I agree with you that some big organization have great mission but poor managed; thats why they will need a great leader who can inspire the team to work better and create social value.

   

kdiatta on April 21, 2006 at 10:28 PM
Hi Alex -
Dolechester makes some great points. The MBA is broadly applicable and many schools have programs on non-profit management e.g. Dartmouth, Yale SOM, Notre Dame Mendoza. Given your interest in international development, there are also programs that are considered THE program to attend e.g. Thunderbird which is considered THE school by USAID, UNDP type folks and is highly regarded within development circles. The Moore School at U. South Carolina also has a strong international program.
To a large extent MBAs are going to work in multinational settings, so the internationalization of the MBA education is a big deal for most, if not all, b-schools. The thing you have to decide is whether you want to box yourself in by the MIB title which is not as universally known and accepted as the MBA or given your interests, whether you'll just pursue the right program from you, that will help launch your career in the direction you choose to take it – regardless of the acronym.
BTY - If non-profits/NGOs were run like corp. they'd get a lot more done in a quicker more cash efficient fashion. Just my 2 cents.
- Karen

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Ilex (Homepage) on April 24, 2006 at 9:22 PM
I agree!

   

Alex on April 25, 2006 at 11:40 AM
Thanks everyone, for your comments. I've decided to return to school for a MBA. I'll be applying to schools for the 2007 academic year, so I'm looking forward to it. I really appreciate your help and guidance! Best of luck to all of you.
Alex

   

Online Media Consultant (Homepage) on April 27, 2006 at 4:51 AM
Today's market is about specialization and globalization. If you have specialization in one field then it will help you surely then the general approach towards the study in masters.
Many B-Schools offers variety of programs along with dual specialization like marketing with internation business. If you go MBA with Marketing or as mentioned dual program that will be more helpful because you will have marketing knowledge & exposure. I think you should go for that program where you may fit in your dream position.

   

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