Hence, it is no wonder that thousands of applicants try their luck to get into the top MBA schools, every year.
Since years, the MBA was considered as the only viable alternative for people wanting to get a full-fledged management education but the situation has changed in the recent years, where a newer degree the Masters in Management is turning out to be the game changer.
The Masters in Management is very similar to an MBA & is targeted towards people who are recent graduates or have less than 2 years of work experience. It trains individuals to switch into management roles no matter their background and allows them to kick start their management career much faster, without having to gain years of work experience before applying.
Also, with organizations such as Deloitte, McKinsey, Accenture & KPMG offering several post-graduation opportunities, Masters in Management graduates have a slew of choices.
So is the Masters in Management going to give the MBA a run for its throne?
Well not really, as they both are not competitors but are alternatives, appealing to people who are different points in their lives.
To understand how exactly they differ and which one is suited for you check out the infographic on the MBA vs MiM below: