Download as pdf or txt
Download as pdf or txt
You are on page 1of 17

Which Business

Master’s?
How to choose the right
Business Degree for you
Contents

Which Business Master's?


04 The Benefits Of Business School
06 Program Lowdown: Master in Management
10 Program Lowdown: Master in Finance
14 Program Lowdown: Master in Business Analytics

Welcome message 18 Program Lowdown: Master in Accounting


22 Business Master’s Or MBA—What’s The Difference?
Embarking on a business school journey 24 
Generalist vs Specialist Master’s Degree
can open doors to a successful career. —Which Should You Choose?
You’ll learn from top professors, build a
26 What Is A Dual Degree Master’s Program?
professional network, enjoy international
study trips, and gain expert career support. 28 How To Choose Which Master’s Degree Is Right For You
If starting out on your journey, our
BusinessBecause Which Business Master’s
guide is the perfect place to begin.
Find out business master’s programs
on offer for aspiring students

BusinessBecause is a trusted
www.businessbecause.com
source of information and
Content: Almha Murphy
inspiration for worldwide business
Design: laurenwebbdesigns.com
school applicants, supporting you
Publication: ©2024 BusinessBecause through every step of the business
BusinessBecause images: Envato school journey.

03
What you'll learn

The Benefits Of

Which Business Master's?


Which Business Master's?

Business School
Still weighing up your options? Here are six reasons
why a business master's could help your career

You’ll enjoy a salary boost You’ll build a valuable network


Business school grads can expect At business school, you’ll meet people
impressive starting salaries across from all around the world. Building strong

59% industries. According to data from the


Graduate Management Admission
Council (GMAC), Master in Management,
personal and professional connections will
not only enhance your master’s experience
but may open doors in your future career.
Master in Finance, and Master in Business
Analytics grads can expect a median You’ll receive career support
of prospective starting salary of $85k. Master in Business school will prepare you to land
master’s students Accounting grads can earn $75k. your dream role not just by arming you with
see strategy as the an enhanced skill set but by providing career
most important Meanwhile, for MBA hires, the median support. You’ll work closely with advisors to
skill to learn at starting salary is $125k in the US. plan your career path and find opportunities
business school and companies that are right for you.
You’ll gain international experiences You’ll also be able to take part in resume
Whether you choose to study at home workshops, build your LinkedIn profile,
or abroad, many business master’s and learn how to sell yourself in interviews.
programs offer the opportunity to
go on international trips and visit You could learn to launch
companies in key business centers. your own business
A business master’s degree can help provide
You could also choose to study an you with the framework for setting up your
exchange semester or dual degree own company from scratch. You’ll learn
which means you’ll study at two business about everything from finance to marketing
schools in different parts of the world. and how to manage a team of employees.

You’ll gain skills employers


are looking for
According to the GMAC survey mentioned
above, 62% of employers see interpersonal
skills as the most important attributes for
future hires. During your business degree,

$82,758
you’ll work with your cohort to solve
problems on business cases or strategize
a new business plan to help develop
Source important communication and teamwork
Financial Times skills. You’ll also gain business acumen
Masters in Management and technical knowledge in your is the average salary three years after
2023 ranking areas of interest. graduating from a Master in Management

4 05
The lowdown: Master in Management

Master in Management

Which Business Master's?


Which Business Master's?

Find out whether a MiM is the right program for your


ambitions, where you should study and career paths

A Master in Management (MiM) is


a generalist degree covering all the
Master in Management
fundamentals of business such as strategy, program highlights
finance, marketing, economics, and human
resources. MiM programs are typically Joining student clubs…
targeted at recent graduates with less
than two years’ professional experience.
The program will pair business knowledge
with essential managerial skills in By joining clubs and societies we
communication, negotiation, teamwork, learn how to deal with people from
and responsible leadership. Students test very different backgrounds and
their skills through company projects and with different views and opinions.
case studies.
We have the opportunity to take
Many MiM programs also offer elective responsibilities and to get involved in
courses. These are a good opportunity for many projects that have sometimes
students to fill in any gaps in their expertise not that much in common.”
and hone their skills towards specific career
Arthur Lamy
goals. The top-ranked HEC Paris Master in
Master in Management, HEC Paris
Management offers electives that address
today’s business challenges such as Business
Analytics Using Python, Business Strategy
for Biodiversity, and the Economics of Building your brand…
Climate Change.

62% I’ve gained a lot more confidence


and a great exposure to companies.
of corporate I've got a stronger brand attachment,
which really puts me forward. I've
recruiters globally noticed people I'm reaching out to
are a lot more responsive and they'll
see interpersonal reach out to higher level people.
I [receive] a lot more respect, which
skills as the most is something that the master’s really
gives you; it's a surface standard that
important attribute is accepted widely across Europe
for future hires and beyond.
Matthew Donnelly
Master in International Management, UCD

6 7
The lowdown: Master in Management Management careers

Where Should You Career Paths

Which Business Master's?


Which Business Master's?

Study Your Master in Are you keen to lead or manage projects?


Find out the typical roles a MiM could lead to
Management?
While you can find high-quality Master in The most affordable MiM degrees include Hear from the graduates
Management programs around the world, the Master in Strategy and International
85% of MiM degrees are offered in Europe. Management (SIM) program at University Name: Rafael Rodrigo de Oliveira
The cost of studying a MiM is also an of St Gallen which costs around $11,300 for
important factor to consider. Generally, international students. At Tsinghua School Role: Senior compliance analyst at Ally
MiMs in Europe cost a lot less than those of Economics and Management in China,
offered in the US. the MiM degree costs around $8,400. Program: Master of Global Management

The best MiM program in the US is at Hult Best MiM For Value For Money: School: Arizona State University
International Business School, according Leeds University Business School Thunderbird School of Management
to the Financial Times Master in
Management ranking. This 12-month Best MiM For Career Progress: Networking events
program costs $56,700. University of British Columbia: Sauder When Rafael first embarked on his
Master of Global Management degree,
hosted by the career
Best MiM For International Students: one of his main focuses was on building services team facilitated
ESCP Business School a strong network. crucial connections with
At ASU, the Thunderbird Career potential employers, while
Management Center organizes events to workshops on interview
Top Master in Management programs help students to foster new connections.
techniques and job search
Rank School name Location Cost (US$)
Weighted
salary (US$)
While in the program, Rafael was able strategies further
1 HEC Paris France 58,022 129,806
to land an internship with the US banking
company, Ally. He was then offered a full-
sharpened my skills.
time role as a senior compliance analyst. Rafael Rodrigo de Oliveira
4,857 (domestic)
2 University of St Gallen Switzerland
11,315 (Intl)
129,264 Senior compliance analyst at Ally
The networking he did during the
3 London Business School UK 60,538 114,438 program and the internship contributed
24,212 (EU) to him being offered the position.
4 ESCP Business School France 102,362
28,138 (Non EU)
“Securing my current role demanded
Top jobs for MiM graduates
5 Essec Business School France 42,535 108,393
commitment, participation in career
Tsinghua University School of fairs, research, tailored applications, Human Resources manager
6 China 8,452 128,461
Economics and Management and rigorous interview preparation.”
7 emlyon Business School France 30,538 101,747 Project manager

8 SDA Bocconi/Università Bocconi Italy 39,263 102,910 Business developer


Source 9 Esade Business School Spain 59,200 112,183
Financial Times Operations / logistics / supply chain manager
Masters in Management Rotterdam School of Management, 2,758 (EEA)
10 Netherlands 108,864
Erasmus University 24,530 (Non EEA)
2023 ranking Management consultant

8 9
The lowdown: Master in Finance

Master in Finance

Which Business Master's?


Which Business Master's?

Discover the MiF enrollment requirements, what


you'll study and the degree's career opportunities

Master in Finance (MiF) degrees are typically


geared towards recent graduates with little
Master in Finance
to no work experience. Applicants don’t highlights
need to hold a bachelor’s degree in finance.
MiF courses provide a solid grounding in the International experiences…
key concepts of finance including data
analytics, mathematics, and financial
accounting. You’ll gain strong quantitative
and statistical skills but also soft skills such In the first week we took a trip to
as communication and negotiation, which London and it was very interesting.
are essential for dealing with stakeholders.
It's the beginning of the year, it's a bit
Some MiF programs allow you to specialize tougher to break the ice, and you find
towards a career track. The world-leading yourself in a hotel with your future
MiF at ESCP Business School offers the classmates. It creates a community.
choice between specializing in corporate You bond a lot with your friends, you
investment banking or financial markets. create a very strong network of all these
You’ll also apply your skills to real-world people who are going to be successful
practice. At London Business School, one day, and it makes a difference.”
students complete a 10-week live business
project with an organization. Giacomo Altadonna
Master in Finance, HEC Paris

A global network...

The most important highlight here at


LBS is that you get the opportunity to
You’ll gain strong interact with top finance professionals
from all around the world. And that
quantitative and has been really amazing, because
you get different perspectives from
statistical skills but different topics and circumstances
that other countries are facing. Also,
also soft skills such you get to know other specific areas
in finance, that maybe you're not
as communication really aware of like private equity,
and negotiation investment, banking, things like that.”
Katherine Villalobos
Master in Finance, London Business School

10 11
The lowdown: Master in Finance Finance careers

Where Should You Study Career Paths

Which Business Master's?


Which Business Master's?

Your Master in Finance? Armed with new technical and financial skills,
learn about the finance roles grads can access
European business schools, especially Best MiF For Value For Money:
French business schools, have long University of Maryland: Smith
Hear from the graduates
dominated the Financial Times Master in
Finance ranking. The top business schools Best MiF For Career Progress: Name: Muhammed Khan
—including ESCP Business School, HEC University of Maryland: Smith
Paris, and ESSEC Business School— Role: Intern at Kepler
consistently report impressive alumni Best MiF For International Students:
outcomes and careers services. University of Maryland: Smith Program: Master in Finance

If you’re looking to earn an impressive salary School: emlyon business school


after studying your degree, business schools
in Asia boast the highest salaries for Master
in Finance graduates. At Tsinghua University After deciding he wanted to enter into
The places we come
School of Economics and Management in the lucrative field of investment finance, from have a big effect
Beijing, MiF graduates earn $205,387 on US-born Muhammed enrolled in the on how we view things.
average after three years. The next highest emlyon MSc in Finance program.
salaries are earned by grads from Peking When someone’s cultural
University: Guanghua, also in Beijing, and While in the course, he not only learned key mindset or opinion would
22% Shanghai Advanced Institute of Finance at
Shanghai Jiao Tong University.
technical skills, but was also introduced to
top players in the finance industry through
networking events.
come out, we’d go down
that rabbit hole and pick
£205k
“We had private equity experts come in
their brain about it.
of prospective
Top Master in Finance programs who were working in sustainable private I learned so much about is the average
master’s students equity, we had sell-side bankers that had
experience in sustainable investing, and
the world by doing that.” salary three years
are interested in Rank School name Location Cost (US$) Salary (US$) post-graduation
studying a Master CEOs of city banks with experience in Muhammed Khan from the MiF at
of Finance 1 ESCP Business School France 31,662 158,176 implementing ESG into their companies.” Intern at Kepler Tsinghua University
2 HEC Paris France 47,656 175,703
He also benefitted from studying alongside
58,754 (EU) a diverse cohort of students.
3 Essec Business School France 135,371
65,283 (Non EU)

Now completing an internship in equity


4 Skema Business School France 36,993 114,504
research at European financial services
Top jobs for MiF graduates
Tsinghua University School of
5
Economics and Management
China 27,506 205,387 firm Kepler, he credits his experience at
emlyon to opening doors for him in the Investment banker
6 London Business School UK 79,512 135,158 world of finance.
7 IE Business School Spain 44,610 148,414 Salesperson and trader
Sources
GMAC Prospective 4,857 (domestic)
8 University of St Gallen Switzerland 141,526 Asset manager
Students Survey 2024 11,315 (Intl)

Financial Times 9 Edhec Business School France 31,499 129,706 Venture capitalist
Masters in Finance
10 University of Oxford: Saïd UK 70,772 142,556
pre-experience 2023 Financial analyst

12 13
The lowdown: Master in Business Analytics

Master in

Which Business Master's?


Which Business Master's?

Business Analytics
If statistics and data scrutiny are of interest, then
an MSBA program can hone your quantitative skills

A Master’s in Business Analytics (MSBA) Master in Business


can set you up to enter one of the fastest-
growing sectors in the world. When looking
Analytics highlights
to do an MSBA, there is a wide range of Gain a supportive network…
programs to choose from. The STEM-
designated program at University of
California Riverside (UCR) School of Business
is renowned and provides core modules on
management, data mining, and statistics, People are very friendly. We help
as well as intensive training in coding. each other when everyone is
stressed. When one person is
Other courses, such as the Master’s in stronger in a certain suit, they’ll
Business Analytics and AI at Vlerick Business help the other out and vice versa.”
School, focus on the accelerating
development of artificial intelligence in the
corporate sphere. Although some MSBA
Choose from a variety of electives…
programs require you to have a degree in a
quantitative discipline like mathematics or
computer science to apply, there are many
that accept any bachelor’s degree. The key is
to be interested in technology, and to have I'm learning a great foundation out
an aptitude for solving data-based problems. of these electives. They not only
teach me the basics of what I need
to know, but I’m now equipped with

64%
how to find more information, so
they prepare me as well.”
Jamie Christine Lim
(Former) Master in Business Analytics
of prospective student, Imperial College Business School

master’s students
expect to learn skills
in data analysis and
interpretation Source
GMAC Prospective
Students Survey 2024

14 15
The lowdown: Master in Business Analytics Analytics careers

Where Should You Study Career Paths

Which Business Master's?


Which Business Master's?

Your Master in Business Data is a vital asset for business today. With an
analytics master's you could land a strategic role
Analytics?
You’ll find top-ranked Master in Business STEM MSBA programs are offered at top US Hear from the graduates
Analytics programs all over the world. business schools such as MIT Sloan, University
However, for international students of Texas at Austin: McCombs School of Business, Name: Yacob Chaly
wanting to tap into the US job market, and UCLA Anderson School of Management.
choosing a STEM-designated MSBA comes Role: Data and analytics manager
with added benefits. STEM-designated MSBA programs in the US are typically more at Mindshare
programs are focused on highly technical, expensive than elsewhere, but with access
quantitative elements. to the country’s jobs market offering high Program: Master in Business Analytics
starting salaries, the return on investment
Studying a STEM master’s also grants can be worth it. School: Nanyang Business School
international graduates eligibility to extend
their H-1B study visa and work in the US for Best MSBA For Value for Money: [My new role as a data
three further years after their degree—before EGADE Business School Yacob Chaly had been working for the and analytics manager]

3
needing to apply for an F-1 visa. accounting and professional services firm
Best MSBA For Diversity: EY for several years before he decided it is a mixture of what I
Warwick Business School was time to expand his skillset. used to do before, and
years Best MSBA For Alumni Outcomes: His next step was to pursue a Master in what I learned during
MIT: Sloan Business Analytics at Nanyang Business the program.
School, which places an emphasis on
practical learning. Yacob Chaly
is the length of Top Master in Business Analytics programs Data and analytics manager at Mindshare
time that STEM-
designated “I liked the fact that most of the modules
Weighted
Rank School name Location Cost (US$) had an individual or group project, and these
master's grads in salary (US$)
the US can extend were based on real-life data. The course was
1 UCLA (Anderson) US 77,188 137,000
their H-1B visa focused more on the application of concepts.
2 MIT (Sloan) US 87,600 132,413 It helped me grow horizontally and equipped
me with concepts of data science and
3 Essec Business School France
29,408 (EU)
32,675 (Non EU)
Not available business, because I already knew the Top jobs for MSBA
database side of things.”
4 HEC Paris France 56,747 Not available graduates:
5 Duke (Fuqua) US 71,000 96,706
The skills he learned on the program allowed
him to begin a new career with Mindshare. Machine learning engineer
6 Imperial College London UK 52,207 Not available

7 ESCP France 24,397 60,559 “The main use of data analytics is to solve a Data scientist
business problem, and the tools that we use
8 IE Business School Spain 44,656 Not available are just learned so that we can achieve that. Technology consultant
Source 9 Texas (McCombs) US 48,000 108,000 Technology is an evolving space, so you
QS Business Master’s should always have that curiosity to keep Business analyst
Rankings 2024: 47,647 (Singaporeans and PR) learning, because the tool that you use
10 NUS Business School Singapore Not available
52,941 (Intl)
Business Analytics today may not be valid tomorrow.” Project/program manager

16 17
The lowdown: Master in Accounting

Master in Accounting

Which Business Master's?


Which Business Master's?

If financial calculation and reporting seems


interesting, then a MAcc could be right for you

For those looking to enter the lucrative


world of accounting, a Master in Accounting
Master in Accounting
(MAcc) can provide not just the specialist highlights
knowledge, but the problem-solving and
managerial skills required to succeed in Networking opportunities...
the sector.

MAcc programs typically cover core modules


such as financial reporting, advanced Our school has a very strong
management accounting, and research reputation so it has a lot of
methods. There are also master's degrees
connections with firms.
designed to prepare students for the
Certified Public Accountancy (CPA) exam, For the accounting master, they
which is a globally recognized certificate bring in a lot of guest lectures;
allowing holders to practice accounting.
our lecturer for assurance services
The MAcc programs you can apply to will
was one of the partners of EY.”
depend largely on your level of experience. Pinar Ulmanis
While many programs accept students with Master in Accounting, Rotterdam University
little or no accounting experience, others—
such as the Executive Master of Accounting
at Cambridge Judge—are tailored towards Top internships…
building upon existing knowledge of those
have spent at least two years in the industry.
There are also skill conversion courses
available, such as Durham University We had a barbecue with the
Business School’s MSc Accounting, which
recruiters and the employees of the
don’t require applicants to have a
background in math.
Big Four accounting firms, so we could
connect with them in an informal way.
I got along with some people from
Deloitte and we talked about events
that they were organizing, as well
as the company’s Thesis Internship.
A week after this, one of the
employees of Deloitte that I met
invited me to the office and I applied
for the internship. Soon after I got a
call with an offer for Thesis Internship.”
Shivani Chhatterdas
Master in Accounting, Rotterdam University

18 19
The lowdown: Master in Accounting Accounting careers

Where Should You Study Career Paths

Your Guide
Which
Master's?
MBAs

Your Master in Accounting?


to Online

Business
A Master in Accounting can lead to more varied roles
Business

to Online
than you may imagine. Discover some graduate jobs

Master's?
Guide
Which

MBAs
Your

A Master in Accounting can open doors


to top careers wherever in the world you
choose to study.
Hear from the graduates
Studying a Master in Accounting offers
a potential route to pursuing a Certified Name: Prasil Chhabra
Public Accountant (CPA) qualification.
Some degrees contribute towards your Role: Financial analyst at Daniel Wellington
credit requirements for the qualification
so if this is a route you want to pursue, Program: Master in Accounting
make sure to do your research. For
example, in the US, most states require School: Hong Kong University
a minimum of 150 credit hours to become
a licensed CPA.
When Prasil Chhabra first started working During my Master of
as a junior accountant, he was concerned Accounting program
that he had limited himself to one career
path. However, after pursuing a Master I did courses about financial
43% in Accounting at Hong Kong University
he realized there was a whole host of
professional doorways open to him.
statements analysis.
I realized I could use these
skills to maybe change to
Not only did the university enhance his
of GenZ skillset, it also provided the career support
a financial analysis position.
prospective and networking opportunities necessary It gave me more confidence
students are for him to land a new role as a financial
analyst for Daniel Wellington—one of
in my capability.”
interested in
careers in finance Top Master in Accounting programs* the world’s leading luxury watch brands. Prasil Chhabra
and accounting Financial Analyst at Daniel Wellington
post-graduation School name Location Cost (US$) “I came across job postings on the HKU
Career Portal that were not available on
Villaova School of Business US 45,660
external job posting websites, which helped Top jobs for MAcc
HKU Business School Hong Kong 45,900 me find out what I want to do. [There were
also] all these connection activities—a
graduates:
Nanyang Business School Singapore 45,100 company like PwC would come in to give
Source a talk. Then you could connect with them Machine learning engineer
GMAC Prospective HEC Paris France 41,700
and maybe learn some more.”
Students Survey 2024
EDHEC Business School France 31,100 Data scientist
As there is no formal
*
Michigan State University Broad College of Business US 58,410
ranking for global Master Technology consultant
in Accounting programs, Bocconi University Italy 38,700
this list has been collated Business analyst
University of Texas McCombs School of Business US 46,681
from BusinessBecause
partner schools University of California Riverside US 63,360 Project/program manager

20 21
Master's or MBA

Here are some of the key differences between

Which Business Master's?


Which Business Master's?

a Business Master's and an MBA


Business Master's MBA

Course content Course content

While a Master in Management is a generalist The MBA is a career-accelerating degree that


degree, sometimes viewed as an MBA alternative enhances skills across key areas of business such
for early-career students, other business master’s as communication, business ethics, strategy, data
programs offer the opportunity to specialize analytics, finance, leadership and management,
towards a particular career path or industry. marketing and operations. A full-time MBA means
Business master’s degrees tend to be more students will take time out of their career to study,
popular with students looking for a shorter but students can also opt for part-time or Online
business degree to enhance their skills and MBAs which offer more flexibility.
gain professional working experience through
internships and projects.

Course length Course length

10-24 months Commonly 24 months in the US

Work experience required

Business master’s degrees suit recent


graduates or applicants with 1-2 years’ work
Work experience required

Most MBA degrees will require 4-5 years’


work experience. However, some schools are
49%
experience. Most business master’s students flexible. MBA students are generally around
are under 24 years of age. 26-30 years old.

Fees Fees is the average


percentage of
Vary but around $50,000 is typical $100-200,000 (approx.)
international
students in the
Post-study salary Post-study salary
MiM cohorts of
$82,750* $206,000** the Financial Times
100 top-ranked

Business
Roles upon graduation Roles upon graduation
programs
Entry level roles in business. Mid to senior management roles at corporates,
successful companies, or prestigious NGOs.

Master’s Source
Financial Times
Masters in Management

or MBA?
2023 ranking

Average salary for


*

Master in Management
graduates, according to

What’s the
the Financial Times
Master in Management
ranking 2023

difference?
** 
Average salary three-
years post-graduation of
the top 20 schools in the
FT MBA 2024 ranking

22 23
Specialist masters

Generalist vs Specialist

Which Business Master's?


Which Business Master's?

Master’s Degree Which


Should You Choose?
Which Business Master’s? Master’s in Climate Change Master’s in Sustainability
& Sustainable Finance, EDHEC Management, American University’s
Studying a specialized business master’s Business School Kogod School of Business
degree is a great way to hone your skills This 18-month degree equips leaders This program teaches students to make
towards a particular career path. As the with the knowledge and skills to a sustainable impact in business. Students
business world evolves, more business incorporate environmental, social, can choose from three career tracks in
schools are offering specialist degrees and governance (ESG) factors into the business, environment, and policy. The
to prepare the next generation of leaders financial decision-making process. program includes experiential learning
for the future of work. Make sure you Core courses include Climate Change opportunities such as live projects
research well to find the program that Economics, Designing Feasible Low-Carbon with sustainability stakeholders and
is right for you, but here are some Transitions, and Climate-Aware Investing. an international capstone program
exciting specialized master’s programs in Scandinavia. The program can be
you could choose: Master’s in Biomedical Business completed in 12-21 months, with the
Management, Grenoble Ecole option to study 100% online.
de Management
As the medical profession evolves, the Master’s in Management of
industry is looking for technically strong Artificial Intelligence, ESSCA
professionals who can also lead and manage As AI continues to have a transformative
different business functions. Thus, this impact on the business world, this program
program is for students with a scientific prepares leaders to use and manage AI

48% background. Courses—studied either


part- or full-time—include Capital Markets
and the Biomedical Sector, Biomedical
technology. Courses include Introduction
to Python, AI and Machine Learning, and
Sustainability and Global Challenges.
Marketing, and Corporate Strategy. The program lasts 12-18 months and can
Students also complete a real-world be studied at the school’s Paris campus.
of prospective innovative project.
business school
students say Master’s in Entrepreneurship,
HHL Leipzig School of Management
sustainability is
Designed for budding entrepreneurs,
important to
students on HHL’s MSc in Entrepreneurship
their academic
learn how to take their vision to reality and
experience
can join a startup incubator or accelerator
program. The program lasts 21-24 months
and includes courses such as Disruptive
Technologies & Business Models,
Entrepreneurial Marketing & Sales,
and Restructuring Organizations.
Source
GMAC Prospective
Students Survey 2024

24 25
Online
Dual degrees
MBA Career Progression

What is a Dual Degree

Which Business Master's?


Which Business Master's?

Master’s Program?
You could opt for a double master's. This allows
general and specialist study for breadth and depth

A dual degree master’s offers you the Benefits of a dual


chance to study two degrees, earning
generalist business knowledge while also master’s degree
specializing in a particular field or industry.
You may also be able to study at two Earn two internationally
different business schools and experience recognized degrees
student life in two countries. For example,
NHH Norwegian School of Economics offers Broaden your network even further
a double degree with its Master in Economics
and Business Administration. Students spend E xhibit to employers your adaptability
the first year studying the program in to different cultures
Norway, pursuing a major of choice, before
embarking on a degree at one of NHH Gain the skills to embark
Norwegian’s nine partner universities. on an international career
For example, this could be the Master in
Sustainability and Social Innovation program
at HEC Paris or the Master in International
Business at Ivey Business School in Canada.

Experience of a dual degree…

Arthur Lamy is a double degree student


completing the Master in Management
at HEC Paris.

As part of his second year at HEC, he is


also pursuing the Master in Finance at
Bocconi University.
The professional exposure
“In my particular dual degree, we have many is reinforced by the fact that
events and meetings with law firms. And this even in class we’re exposed
is the way for them to recruit future lawyers to professionals. For instance,
because they can test you directly in courses. the last year of my master’s is
taught directly by lawyers in
“On top of that, we have very talented their law firms.
coaches that we can always rely on us
to deliver appropriate recommendations Arthur Lamy
for our professional journeys.” Master in Management student, HEC Paris

26 27
Considerations

How To Choose The Right

Which Business Master's?


Which Business Master's?

Master’s Degree For You


1 3
Home or abroad? Full-time, part-time,
Studying abroad gives you the chance to hybrid, or online?
expand your network internationally and
experience new cultures. Knowing how Though degrees have traditionally been
to work with people from backgrounds obtained in person, more people are now
completely different from your own is a exploring the benefits of online learning.
crucial skill that will make you stand out to Online or hybrid courses are typically a cheaper
employers. However, if you choose to study avenue to obtain the exact same degree.
at home, you will still likely meet an Studying online also eliminates the need to
international cohort. Many courses also include pay for additional accommodation or travel.
study abroad trips or exchange programs. When studying online, classes are typically
delivered asynchronously, giving you the
flexibility to balance an existing career with

2 your learning. The quality of online learning


has also improved drastically thanks to the
incorporation of cutting-edge technology.
What are the application
requirements?
It’s important to check each school’s specific
admission requirements. However, there are 4
Where will it take you?
76%
some general criteria that need to be met.

Applicants will need to have a bachelor’s Studying a business master’s or MBA degree
degree or equivalent. If English is not will equip you with the skills to succeed in a
your first language, you’ll need an English number of career paths from landing a role
language certificate. at a top company, working with an NGO, or
starting your own business. Many schools prospective
Most US schools require a TOEFEL publish employment reports to show their students globally
qualification, while in Europe they also graduates’ career destinations and you can indicated well-
accept IELTS, PTE or CEFR certificates. reach out to alumni via LinkedIn to get some being is important
insider insights and advice. or very important
To be accepted onto most business school to their academic
programs, you will also need a GMAT or experience
GRE score.

For international students, make sure to also


check the visa requirements. International
students will likely need to meet an earlier Source
admissions deadline to ensure your visa can GMAC Prospective
be processed in time. Students Survey 2024

28 29
Which Business Master's?
Which Business Master's?

BusinessBecause is a trusted source of


information and inspiration for business school
applicants, supporting you through every step
of the business school journey

Whether you’re considering an MBA, You can also check out our video channel,
Online MBA, EMBA, or master’s degree, webinars with business schools and tutorials.
on BusinessBecause you can: To unlock all the latest updates and stay
up to date with newly released interviews
• Keep up to date with the latest business and in depth insights, sign up for the
school news—rankings, reports, and BusinessBecause email newsletter.
the rest.

• Uncover the personal career stories of


business school students and grads.

• Get practical resources and guidance


to help your business school application,
including advice on GMAT and GRE prep.

• Compare business schools and find out


what the top schools—and employers
—are looking for.

30 31
Which Business Master's?

BusinessBecause
BusinessBecause
businessbecause
@businessbecause
BusinessBecause

www.businessbecause.com
info@businessbecause.com

You might also like