An MSc (Master of Science) focuses on specialized technical or scientific knowledge in Finance, Economics, Data Science, Engineering, and Health Sciences whereas an MBA (Master of Business Administration) focuses on Management Education with an emphasis on Leadership, Strategy, and Business Operations.
MBA graduates can work in a variety of industries, including aviation, fashion, marketing, education, and information technology. Master of Science is a two-year postgraduate programme to study technical and important parts of science's broader applications and industry activity.
When considering postgraduate education the Master of Business Administration (MBA) and the Master of Science (MSc) have different career paths and aspirations. This article will delve into the key differences, eligibility criteria, admission processes, job opportunities, and salary expectations for MBA and MSc programs, helping you make an informed decision about which path to pursue.
From the Two of the Master's degrees MSc vs MBA, The choice of which to study can depend particular discipline that is better suited for their career goals.
Parameters |
MBA |
MSc |
Stream |
Management |
Science |
Full Form |
Master of Business Administration |
Master of Science |
Course Level |
Postgraduate Degree |
Postgraduate Degree |
Modes of Exam |
Online and Offline |
Online and Offline |
Educational Qualification |
Bachelor’s degree in any discipline from a recognized university |
Bachelor’s degree in a related field (e.g., B.Sc.) |
Percentage |
Average 50 percent marks |
Minimum 50 percent marks |
Entrance Exams |
Through national and state-level entrance examinations like CAT, MAT, XAT, CMAT, NMAT, etc. |
Entrance Exams like CPGET, ICAR AIEEA, CUET PG, MCAER CET, IIT JAM, URATPG, MAH CET, etc. |
Requirements |
Group discussions, written ability tests, and personal interviews |
Personal interviews |
Accreditation |
University Grants Commission (UGC) |
Accredited by Universities |
Approach |
Practical and experience-based learning |
Academic and research-oriented |
Different Modes |
Part-time MBA, Distance MBA, Online MBA, Executive MBA , and Integrated MBA |
MSc can be pursued according to who possess a bachelor’s degree in Science |
Work Experience |
Preferred for executive MBA courses (2-5 years of work experience) |
Generally not required |
Subjects |
Business Ethics, Organizational Behavior, Microeconomics, Principles of Accounting, etc. |
Mathematical Statistics, Analytical Chemistry, Chemistry of Biomolecules, Polymer Science, etc. |
Course Fees (in INR) |
INR 2 lakh to 27 lakh and above |
INR 6,000 to INR 1,10,000 |
Salary (in INR) |
INR 5 LPA to 25 LPA |
INR 2 LPA and INR 9.3 LPA. |
Specializations |
Sales and Marketing, Operations, Finance, Human Resources, Digital Marketing, etc. |
Physics, Biology, Chemistry, Mathematics, Botany, Biotechnology, Microbiology, Environmental Sciences, Food Sciences, etc. |
Top Job Profiles |
Management Consultant, Investment Banker, Marketing Manager, Operations Manager, Product Manager, Financial Analyst, HR Manager, Entrepreneur |
Research Scientist, Data Analyst, Financial Analyst, Software Developer, Economist, Engineer, Academic Researcher. |
Top Recruiters |
Boston Consulting Group, McKinsey, Bain & Co, Morgan Stanley, JP Morgan Chase, Amazon, Facebook, Google, Adobe, etc. |
Ranbaxy, GAIL, Bhabha Atomic Research Centre, BARC, etc. |
Industries |
Finance, Consulting, Marketing, IT, Healthcare, Manufacturing, Retail, Government |
Academia, Research Institutes, Technology, Finance, Healthcare, Engineering, Government, Non-profits |
Top Colleges |
IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow, IIM Indore, IIM Kozhikode, etc. |
Banaras Hindu University, Bharathiar University, Calcutta University, Delhi University, etc. |
Candidates who have completed their bachelor’s degree and are confused about making their decision between MBA and MSc degrees Kindly check the Admission Process:
The table below contains the eligibility requirements for Full-time MBA and MSc programmes.
Job Opportunities, Job Role, and Salary: MBA vs MSc Given below are some of the popular job options after MBA and MSc and their corresponding salaries:
Here is a general overview of the semester-wise MBA and MSc syllabus in India:
Course |
Specialization |
Syllabus |
MBA |
||
MSc |
Here is the list of the top 10 MBA colleges in India and average fee structure:
College Name |
Average Fees (INR) |
15,00,000 |
|
15,00,000 |
|
15,00,000 |
|
15,00,000 |
|
5,00,000 |
|
5,00,000 |
|
15,00,000 |
|
1,00,000 |
|
15,00,000 |
Candidates can select the MSc institute based on the candidate’s requirements, specializations, fee structure, placement, curriculum, etc. Students can check the table below for MSc
Top MSc Colleges |
MSc Fees (in INR) |
Banaras Hindu University |
10,400 - 25,500 |
Jamia Millia Islamia |
14,400 - 1.8 lakh |
Delhi University (DU) |
3,900 - 32,000 |
Jawaharlal Nehru University |
432 - 5,800 |
Aligarh Muslim University |
32,000 - 48,000 |
Indian Institute of Science |
32,000 - 48,000 |
BITS Pilani |
19.9 lakh |
VIT Vellore |
1.2 lakh - 3.8 lakh |
Chandigarh University |
1 lakh - 15 lakh |
Amity University, Noida |
1.1 lakh - 7.1 lakh |
As we discussed the basics of MBA and MSc, Eligibility, career possibilities, and MBA vs MSc salary If you want to make a career in business, you should choose an MBA course. Conversely, if you are interested in the science field, you can choose the MSc course.
Ques. What's the main difference between an MBA and an MSc?
Ans. An MBA provides you with general business knowledge for leadership and management roles across various industries. An MSc provides in-depth knowledge and specialization in a specific academic field.
Ques. What are the eligibility requirements?
Ans. 1. MBA: Usually requires a bachelor's degree in any discipline with a minimum score (often 50%). Some programs might require work experience.
Ques. What's the admission process like?
Ans. 1. Typically involve submitting an application, entrance exams (GMAT/CAT/MAT for MBA, GRE/subject-specific tests for MSc), and interviews.
Ques. What are some examples of specializations?
Ans. MBA specializations are: Finance, Marketing, Human Resources, Operations Management, etc. other side, MSc specializations are: Data Science, Computer Science, Engineering Management, and Environmental Science (specializations vary greatly).
Ques. Which one is better for me?
Ans. There's no single "better" option. Consider your career goals:
Ques. Where can I find more information about specific programs?
Ans. Check the websites of universities offering MBA and MSc programs you're interested in. They'll have detailed information about eligibility, admissions, and specializations.
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