What’s the Difference Between MBA and MMS?

Both MBA (Masters in Business Administration) and MMS (Masters in Management Studies) are masters-level courses in business education. In fact, they both cover the same subjects which are why a lot of fresh graduates preparing for CAT exams get confused between them. In this blog, we will cover the basic differences between the two which are:

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.

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.

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. In fact, 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.

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