Students looking into Masters in Business campus programs can choose from a wide variety of degrees, such as an MBA, or a more specialized program in Finance, Marketing or Accounting. With competition in the current marketplace, many students are either returning to school to update their credentials, or staying in graduate school to try to ensure better prospects in the future.
Masters in Business and MBA Programs Overview
Masters in Business Programs comprise administration, accounting and finance. Students who enter one of these masters degree programs receive an education in business concepts and practices, corporate finance, financial planning and market analysis.
Different types of master's degrees in business include the Master of Business Administration (MBA), Master of Accountancy (MAcc) and Master of Science (MS) in Finance. Because master's degrees in business are often sought by currently working business professionals, courses are frequently offered in the evenings and on the weekends. Typically, a relevant undergraduate degree is needed to apply for admission, although accelerated MBA programs allow students to earn a bachelor's and master's degree simultaneously. Some MAcc programs require students to take the Certified Public Account (CPA) exam before acceptance, while other programs require that the exam be completed before finishing the program.
Deciding whether to pursue a generalized MBA, an MBA with concentrations or a specialized Business degree such as a Masters of Finance or Master of Taxation is a debate that many students are having with themselves. Knowing whether to follow one route or the other is a matter of one’s personal goals, and whether these will be met by an educational curriculum.
FUN FACT: For advanced Financial Analyst positions, employers often require a master’s degree in business administration (MBA) or a master’s degree in finance. Knowledge of options pricing, bond valuation, and risk management are important.
Why Choose a Campus-Based MBA or Masters in Business Program?
Whereas distance-learning programs involve online interaction, study and communication, an on-campus program may be an enriching blend of real-time networking, participation, learning and study. If you would enjoy a hands-on approach, want the perks of using the university’s facilities such as libraries, gymnasiums, study labs and social services, a campus program is for you. Many Business Masters Programs actually design their programs around the needs of their working students, so earning an MBA at a graduate business school may quite convenient and plausible, even if you have other demands on your schedule.
What is an MBA?
The Master of Business Administration, or MBA, provides a graduate education in foundational business practices, such as accounting, finance, marketing and management. Students can specialize the degree in fields as diverse as health care, international business, technology and sports management. Taking an interdisciplinary approach to learning, MBA programs are not only meant to deepen students’ understanding of business management, but also to further develop their critical thinking, analytical and problem-solving skills.
If you are currently working and still asking yourself whether you should go back to school to earn your MBA, consider the following: Although a bachelor’s degree and work experience are invaluable commodities on any resume, a graduate-level education is a good indicator to employers that you have the knowledge, abilities and motivation that will be demanded of you in a higher-level position.