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What’s the Difference Between MBA and MMS?
March 06, 2021
Both MBA (Masters in Business Administration) and MMS (Masters in Management Studies) are masters-level courses in business education. They both cover the same subjects which are why a lot of fresh graduates preparing for CAT exams get confused between them. Moreover, the degrees hold equal value and have a great future scope.
In this blog, we will cover the basic differences between the two and the Benefits of Doing MBA and MMS:
1. Career Goals
An MBA degree is usually suitable for individuals who want to give their career a boost either through a job change or a promotion. You can get higher packages and jobs in some of the biggest companies easily when you an MBA degree. However, the goals of MMS students are different.
MMS is ideal for people who have limited job experience or those who want to switch from a non-business field to a business one. It’s also undertaken by those who want to get into the consultancy domain.
2. Popularity
An MBA degree is recognized all over the world and is more popular than MMS. This is the reason why the top MBA schools like Stanford, Harvard, London Business School, etc. are known to everyone. On the other hand, there aren’t many popular institutes that offer MMS degree. For instance, only the universities in Maharashtra offer MMS in India while other states offer MBA.
3. Tuition Fees
Since the MBA is a well-recognized degree and known to help students secure some of the best jobs in the world easily, it usually has a higher tuition fee than MMS. A lot of students who can’t afford MBA programs opt for MMS instead as a cheaper alternative.
All factors considered, both MBA and MMS are valuable courses that can take your career to the next level. However, it’s better to pick the former if possible due to its recognition and popularity.
If You looking for a Global MBA Program, and a full-time MBA college, or a top MBA institute in Mumbai, then you should not miss the best MBA college in Mumbai known as ‘Thadomal Shahani Centre For Management’ offers a global degree and quality education.
Want to Know More Career Options
Important Links:
- Professional Diploma in Digital Marketing: https://tscfm.org/courses/professional-diploma-in-digital-marketing/
- MBA from UK University: https://tscfm.org/courses/mba-from-uk-university/
- MBA for Executives: https://tscfm.org/courses/mba-for-executives/