The Master of Philosophy in Business Administration (MPA) is a graduate level program for students seeking to enhance their academic career. The Master of Science in Business Administration (MSBA) is the second degree that an MS student will earn from a Master's program in business administration. This program is generally geared toward working professionals and managers, but it does offer the opportunity for people who wish to further their education. The Masters programs in business administration can also include an executive MBA program and an accounting MBA program.
An MBA generally includes a teaching component and an important research component, while an MPA usually only has a dissertation and an applied part. Both the MPA and the MSBA are highly respected in the business and they are the most sought after among business professionals and other professionals interested in advancing their careers.
A Master of Science in Business Administration degree requires four years of full-time study at an accredited institution of higher learning. Students who earn their bachelor's degrees also may choose to pursue a Masters in Business Administration program. Although not an exact science, the subjects discussed and the courses taken all contribute to the overall quality of the Masters degree. A Master of Science in Business Administration can be completed in about three years.
There are many different business administration programs to choose from. Some of them involve more than one aspect of the business world. For example, a business administration major may need to take classes that deal with finance, human resources, marketing, accounting and leadership, as well as courses that teach leadership, teamwork and communication skills. Other areas of business such as organizational behavior, business ethics, public relations and marketing may also be required for an individual's Masters degree program. In addition, there may also be a requirement to study foreign languages.
Earning a Master's degree in business administration may be done by enrolling in a program through an online or campus based college or university. Other options to earn a Master's degree include enrolling in a program through a university or other post-secondary school. These programs will usually require more study time and may require completion of both a Masters in Business Administration program and a Bachelor of Arts in Business Administration or a Bachelor of Science in Business Administration.
A Master of Business Administration degree is an extremely desirable degree to have because it provides the . . . . . . opportunity for individuals to advance their career in their chosen field, which would typically include more managerial responsibilities. and more responsibility. The job opportunities are generally easier to attain, which is important for some people who want to have a higher salary than others. As a Master's degree holders typically start out on the upper rungs of their respective organizations, they tend to have higher salaries than their employees.
An MSBA also may provide the opportunity to learn more about the business world, but the Master's degree is typically obtained for individuals already in the business world. In most cases, these courses are completed before the individual begins their career as a manager or other type of supervisor.
The MSBA provides an employee with additional knowledge and skill sets that can be used in their future career, but in many cases, the Masters degree can be obtained after the individual finishes their degree program. The Masters degree also enables the student to specialize in his or her chosen field, which may be beneficial in the event of redundancy or relocation. It also allows for continued professional growth, which is important if the individual decides to continue his or her education.