A Masters in Marketing or MBA - Marketing Masters Programs and Schools
The Real-World and Education - for Marketing Students
There is nothing like real-world experience. You learn things that can't be taught in classrooms, nor learned in books. Well this isn't exactly true, so let's clarify. Real-world experience creates and applies emotions and thoughts in your mind that you'd have a hard time experiencing by reading a book. However, for those of you that aim to stand apart from the crowd, become as sharp as a razor with your reflexes in both mind and body - a mix of real-world experience and a formal education will take you to new levels.
So let's put this into a marketing context. On the street you'll learn quickly what works and what doesn't. But you'll also spend an enormous amount of time on trial and error. Education, especially a formal one from a top school will teach you the latest, most advanced strategies and how to apply them so that when you hit the street you'll see results right away. Now there's a lot more to say about this topic, but the point of this article is to answer one of the big questions all students have when considering graduate level marketing programs and schools.
Masters in Marketing or MBA with a concentration in Marketing?
One of the most common questions I hears is "what is the difference between a Masters in Marketing and a MBA with a concentration in marketing?" The difference is very important!
A Masters in Marketing earns you either a M.A. or M.SC. (there are others like M.B.S but they're not as well recognized at this time). The curriculum is almost always
focused heavily on the subject you are studying. So in this case almost every course you take in a Masters of Marketing program will be on marketing. You will not (usually) take any economics or finance courses, nor will you take other courses that are a bit farther off the marketing path. A Masters in Marketing will usually earn you less pay than an MBA. It is associated less with direct business jobs, and more with teaching or academic related fields.
A MBA on the other hand stands for Masters of Business Administration. An MBA will earn you a higher salary in general and is currently a big selling point to get a top job in the workplace as opposed to the academic field. The MBA's focus is more on broad business applications. This means that your first term or year of study will include finance, economics, management and organizational behavior like courses. In your second year you'll have the option to concentrate on a specific field such as marketing. At this time you'd be able to choose from a selection of marketing courses offered by the institution.
Article written by Marketing Masters Programs. For more information on the best marketing schools, tips, salary ranges and reports visit: http://www.marketingmastersprograms.com
About the Author
Article written by the Editor of Marketing Masters Programs the leading website and newsletter for graduate marketing programs and schools. Visit: http://www.marketingmastersprograms.com
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