Many applicants considering enhancing their business skills limit their consideration to various forms of the MBA degree. But there are other options. For those who lack practical experience, a specialized masters degree can provide valuable technical skills focused on different areas like technology, entrepreneurship, finance or sector-specific skills like health care system management. There are also doctoral degrees that lead to teaching careers. What follows is a selection of alternative degree options for prospective students.
Master of Accountancy (MAcc or Master of Professional Accountancy-MPA): A postgraduate degree in accounting.
Masters in Business and Management (MBM): A postgraduate degree in management that usually does not require the same level of work experience as an MBA.
Master of Science in Management (MSc): A postgraduate degree focusing on the academic discipline of management.
Master of Enterprise (MEnt): A postgraduate technology and entrepreneurship-focused degree.
Master of Finance (MFin): A postgraduate degree in finance.
Master of International Business (MIB): A graduate degree in international business, which has become an emerging alternative to the MBA.
Master in Sustainable Business (MSB): A postgraduate degree in managing for environmental and social sustainability.
PhD in Information Systems: Focuses on the development, use and impact of information systems and technologies in organizations.
PhD in Operations Management: Deals with the functional parts of an organization that produce goods and services.
PhD in Technology Entrepreneurship: Concentrates on the development and marketing of technological innovation.
PhD in Marketing: Concerned with improving the practice of marketing for the benefit of organizations, consumers and society.
Doctor of Business Administration (DBA): A doctoral degree in business administration.