MBA after MSc: Eligibility, Specializations, Scope, Top Colleges

Updated On: August 25, 2023 01:28 PM

MBA after MSc can be the right move if you wish to gain managerial experience and reach higher positions in your organization. Read this article to know more about the career possibilities of MBA after MSc.

Table of Contents

MBA After MSc Highlights
Comparison Between MBA and MSc
Why Pursue MBA after MSc?
MBA after MSc Eligibility Criteria
Top MBA Specializations after MSc
Top Colleges Offering MBA after MSc in India
Scope of MBA after MSc
Faqs

MBA after MSc: Are you an MSc graduate who wishes to change your career domain? Do you need another master’s degree to support your growth in the organization and get a promotion? MBA after MSc is one of the most viable choices for professionals to advance their careers and acquire the technical and managerial skills required to move up in the industry.

The modern workplace is dynamic, and if one does not adapt by gaining new skills and knowledge, one can miss out on some great opportunities. MBA after MSc exposes students to a wide range of management disciplines and provides a way of rational thought over it and a career in that area. One can pursue an MBA in any specialized field such as Human Resources, Finance, Marketing, Sales, International Business, etc.

If you are skeptical about pursuing an MBA after MSc, then go through this article to know how it can open new doors for you.

Also Read : Which is Better: MBA After Graduation or After Work Experience

MBA After MSc Highlights

MBA is a postgraduate management program. The table below mentions the most significant highlights of the MBA course:

MBA after MSc Particulars	MBA after MSc Details
Course Level	Postgraduate
Duration	2 years
Admission Process	Merit-based and Entrance Exam-based
Entrance Exams	CAT MAT GMAT CMAT XAT NMAT ATMA
Eligibility Criteria	Bachelor’s degree with a minimum aggregate score of 50%. Professional experience of 2-5 years (preferred)
Specializations	MBA in Finance MBA in Marketing MBA in Entrepreneurship MBA in Information Technology MBA in International Business MBA in Strategic Management MBA in Operations Management
Course Fee	INR 10,000 - 20,00,000
Average Starting Salary	INR 3,50,000 - 30,00,000
Top Job Profiles	Pharmaceutical Product Manager Marketing Manager Risk Management Director Operations Manager Corporate Auditing Director Real Estate Development Manager

Comparison Between MBA and MSc

Science, technology, engineering, and research-focused specializations are the focal points of the MSc degree programme. The MBA is a professional programme with several advantages, including business experience and personality development. It also gives students the analytical, critical thinking, and decision-making abilities they need to succeed in the corporate world. In order to understand why it is crucial to pursue an MBA after obtaining an MSc degree, candidates must go through the differences between the two degree programmes:

Point of Difference	MBA	MSc
Duration	2 years	2 years
Degree-level	Master’s degree	Master’s degree
Average Fees	Rs. 2,00,000 - Rs. 25,00,000	Rs. 20,000 – Rs.3,00,000
Annual Salary	Rs. 22,00,000 per annum	Rs. 7,17,000 per annum
Work Experience	Usually requires 2-3 years of work experience	Does not require any work experience
Field	Develops business and management skills. Prepares the candidates for higher managerial roles. Equips the candidates with excellent time management skills and communication skills. Deals with diverse domains from leadership and entrepreneurship to finance, marketing and technology.	Develops theoretical, technical and research skills. Deals with one specialization and hence provides subject-matter expertise in a certain specialization.
Specializations	Human Resource Management Finance Sales and Marketing International Business Business Analytics Operations Management Logistics and Supply Chain Management	Pharmacy Data Analytics Stem Cell Therapy Life Science Systems Engineering Forensic Science Oceanography Physiology Biochemistry
Job Profiles	Human Resource Manager Finance and Accounts Manager Business Analyst Project Manager Operations Manager Sales and Marketing Manager	Research Assistant Laboratory Technician Food and Drug Inspector Chemical Analyst Biochemist Scientist Junior Research Fellow

Why Pursue MBA after MSc?

There are several reasons why securing an MBA degree after completing MSc may prove beneficial to the students:

MBA gives you the opportunity to experiment with and adopt the skills and training required to change career paths. It prepares you to succeed in a managerial role in your industry and helps you transform into a competent leader who can handle a team efficiently.
MBA provides excellent networking opportunities. You will have the opportunity to network with alumni, leaders in the industry, and knowledgeable career mentors who can offer advice on how to improve your administrative skills.
Pursuing an MBA makes the candidates eligible for a wide range of employment options and a higher pay scale. The average annual compensation after an MBA in Operations Management and an MBA in Finance stands at INR 11 LPA and INR 20 LPA, respectively.
An MBA degree is the best option for you if you want to start your own business or increase your abilities to expand your current one. It teaches you how to master real-world obstacles and maintain stability over time.
MBA graduates are in high demand in the job market, which creates a wealth of career prospects and results in career stability and security.

Also Read:

MBA after BSc	MBA after BCA
MBA after Engineering (B.Tech / B.E.)	MBA after B.Pharma

MBA after MSc Eligibility Criteria

Given below are some prerequisites that the candidates must meet if they aspire to pursue an MBA at the most renowned B-Schools in India after completing MSc:

Bachelor's degree in any stream with a minimum score of 55% for general category candidates and 45% for reserved category candidates
Minimum qualifying scores in national-level MBA entrance exams like the CAT, GMAT, XAT, MAT, ATMA, etc.
Minimum qualifying scores in institute-level MBA entrance exams like B-MAT, NIPER, CUSAT, etc.
Minimum qualifying scores in GMAT and GRE and SOP, Letters of Recommendation, passing marks in language proficiency exams like the TOEFL and IELTS for studying an MBA abroad
Qualifying for Personal Interview or Group Discussion stages
Professional experience between 2.5 and 3 years (preferred, not mandatory)

National-Level Entrance Exams for MBA after MSc

CAT
XAT
MAT
SNAP
GMAT
ATMA

Top MBA Specializations after MSc

The top specializations that MSc graduates can pursue have been mentioned in the table below:

MBA Specialization	Course Description	Syllabus
MBA in Artificial Intelligence	It deals with the effects of business effectiveness using AI technology, research, analysis, etc.	Language Lab (Python / R/ TensorFlow) Financial Reporting and Management Control Statistical Decision Making Developing Consulting Mindset for Problem Solving Strategy Management Leadership and Corporate Accountability
MBA in Business Analytics & Big Data	It deals with semi-structured, Big Data structured, or unstructured data and promotes tactical and strategic decision-making.	Information Security in Business Predictive Analytics Big Data Cloud Computing E-Business Data Visualization Decision-Making Systems Python for Data Science Marketing Analytics.
MBA in Rural & Agri-Business	It will offer agribusiness leaders and entrepreneurs the vision, skills, and mindset they need to advance and expand their agro-based businesses.	Agricultural & Food Policy Agricultural Finance Marketing of Agricultural Inputs Strategic Food Marketing Management for Agribusiness Projects International Agri-Food Trade Value Chain Management – Applications in Agribusiness
MBA in Pharma & Health Care Management	This course prepares you for managerial positions in the pharmaceutical industry by developing your skills in planning & operating management techniques, and by helping you acquire consultancy skills, and problem-solving abilities.	Health Care & Hospital Administration Human Resource Management Health Programme Management Health Care Marketing & Public Relations Human Anatomy, Physiology and Medical Terminology Hospital Accounting & Finance Health Economics Hospital Materials Management
MBA in International Business	In order to enable students to conduct business on a worldwide scale, it focuses on teaching them the fundamental abilities and understanding of international business, commerce, import, export, laws, regulations, etc.	International Marketing Management International Economics International Trade Logistics & Sourcing International Business Strategy International Financial Management International Contract Management

Other popular MBA specializations include:

MBA in Human Resource Management	MBA in Sales and Marketing
MBA in Finance	MBA in Biotechnology and Oil & Gas Management
MBA in Information Technology	MBA in Project Management
MBA in Digital Marketing	MBA in Pharmaceutical Management
MBA in Entrepreneurship	MBA in Logistics and Supply Chain Management
MBA in Entrepreneurship	MBA in Travel and Tourism Management
MBA in Agribusiness	MBA in Banking and Finance
MBA in Biotechnology	MBA in Business Economics
MBA in Financial Management	MBA in Rural Management

Top Colleges Offering MBA after MSc in India

Since MBA is a globally acclaimed degree, some of India's best universities provide a world-class curriculum and facilities. The most eminent colleges in India for graduates in MSc who want to earn an MBA degree are listed below:

MBA Specialization	Annual Average Fees	Top Colleges
MBA in Business Analytics & Big Data	Rs. 40,000 - Rs. 10,00,000	IIM Bangalore IIM Ahmedabad IIT Kharagpur Great Lakes Institute of Management SCMHRD Pune Symbiosis Centre for Information Technology School of Management Studies, University of Hyderabad
MBA in Finance	Rs. 7,00,000 - Rs. 10,00,000	S. P. Jain Institute of Management and Research, Mumbai Taxila Business School, Jaipur Lal Bahadur Shastri Institute of Management, Delhi Xavier Institute of Social Service (XISS) Ranchi K J Somaiya Institute, Mumbai National Institute of Bank Management, Pune
MBA in Rural & Agri-Business	Rs. 85,000 - Rs. 6,00,000	IIM Ahmedabad IIM Lucknow FMS BHU - Institute of Management Studies Banaras Hindu University DBS Dehradun Jamia Hamdard, New Delhi

Also Read: Good MBA Colleges with Fees Under Rs. 5 Lakhs

Scope of MBA after MSc

Since everything comes down to money and returns on investment, candidates must be aware of the employment prospects before enrolling in any specialization. Some of the job profiles associated with specific MBA specializations have been provided below:

MBA Specialization	Job Profiles
MBA in Business Analytics & Big Data	Marketing Manager Financial Analyst Operations Analyst Supply Chain Analyst Business Analytics Specialist Management Consultant
MBA in Pharma & Health Care Management	Hospital Administrator Product management for medical device companies Pharmaceutical Product Manager Product marketing for research organizations, biotech firms or medical device companies Medical Practice Manager Data Analytics and Competitive Intelligence across the sector (biotech/pharmaceuticals, medical device companies, health IT) Health Informatics Manager
MBA in International Business	Risk Management Director Corporate Auditing Director Marketing and Sales Director Government Affairs Director Business Development Manager Real Estate Development Manager Supply Chain Management Director

MBA after MSc Top Recruiters

The most popular recruiters for MSc graduates aspiring to pursue an MBA have been mentioned below:

Amazon	Apple	JP Morgan
Google	Deloitte	Accenture
Morgan Stanley	Microsoft	TATA Consultancy Services
Ranbaxy Laboratories	Max Healthcare	Wipro GE Healthcare

MBA after MSc Salary

The dual specialization of MBA after M.Tech makes the candidates eligible for significantly high salary packages and top positions. Listed below are the job profiles and associated pay scales available after obtaining an MBA after an MSc:

Job Profile	Annual Salary Package (in INR)
Quality Assurance Manager	11,00,000
R & D Executive	11,70,000
HR Manager	7,25,000
Pharmaceutical Product Manager	8,81,818
Marketing Manager	6,85,280
Risk Management Director	37,50,000
Operations Manager	3,50,000 - 8,00,000
Corporate Auditing Director	30,33,911
Finance Manager	11,00,000
Real Estate Development Manager	9,15,628
Credit Analyst	13,00,000
Product Manager	17,32,442
Supply Chain Program Manager	4,50,000 - 12,00,000
Market Research Analyst	8,00,000

Salary after MSc

The salary package offered after completing an MSc are as follows:

Job Profile	Annual Salary Package (in INR)
Senior Network Engineer	7,45,178
Security Consultant (IT)	7,24,791
Software Test Lead	10,56,286
Technical Consultant	8,20,499
Senior Software Programmer	8,75,810

Analyzing the average annual compensation offered by both MBA and MSc, it can be concluded that MBA graduates earn significantly higher than that of MSc graduates. Potential candidates receive leadership expertise, strategic thinking abilities, and decision-making skills from this postgraduate business degree. Enrolling in an MBA programme after earning an MSc opens up a wealth of opportunities and draws in lucrative job opportunities.

Thanks to the MBA degree, one has the opportunity to research and learn from a larger range of sources. An MBA is one of the most favorable options for science graduates who want to establish their careers in a non-technical field. There is a need for more educated MBA graduates with knowledge of both business and science. In general, an MBA is the finest route to take in order to search for lucrative prospects in many professional pathways because it enables one to explore a variety of areas and accelerates career advancement.

Also Read:

MBA after B.Ed	MBA after B.Arch
MBA after LLB	MBA after LLM

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FAQs

Is it worth doing an MBA after MSc degree?

Yes, you can pursue an MBA after an MSc degree. Having said that, aspirants must know that an MBA degree and an MSc degree are two diverse/different master's programmes. An MSc degree is focused on Science, Tech/IT, Engineering and Management related field courses as well as research-oriented specialisations. On the other hand, an MBA degree is a professional PG programme with numerous benefits from business exposure, personality development, etc.

What are the top MBA courses or specializations that graduates can pursue after MSc in a Science field?

Some of the most trending and dynamic MBA courses or specializations that graduates can pursue after completing their MSc degree in a relevant Science field are:

MBA In Business Analytics
MBA in Biotechnology and Oil & Gas Management
MBA in Laboratory Management
MBA in Logistics Management
MBA in Aviation and Airport Management
MBA in Industrial Management
MBA in Hospital Management
MBA in Export and Import Management
MBA in Logistics and Supply Chain Management

Can I pursue an MBA after MSc in Project Management?

Project Management, a lesser-known speciality, plays an important function in a business environment by designing and arranging project schedules for various goals. Studying an MBA in Project Management following your MSc will teach you how to pick and review projects, as well as its principles to understand the influence of stakeholders. By attaining this degree, you can discover a plethora of opportunities in IT, consulting and varied other sectors.

Can I pursue an MBA after MSc in Finance?

It is an interdisciplinary programme with a remarkable balance of mathematics and business study. It is ideal for people who want to specialise in finance while simultaneously developing managerial skills. It combines theoretical and practical aspects of finance and management. Studying Finance as your concentration for your MBA after MSc, you can not only pursue finance-related job profiles, but you can also aim higher for managerial roles in the corporate sector.

Can I pursue an MBA after MSc in Computer Science?

Yes, you can take an MBA in Computer Science following your MSc to complement your existing knowledge. This degree will not only cover the key parts of Management but also offers students an understanding of software systems and IT tools and methodologies. By pursuing this degree, you will be equipped with both technical and managerial skills, allowing you to pursue appealing job profiles in both the IT and management sectors, as well as good salary packages.

Can I pursue an MBA after MSc in Data Science?

Yes, you may pursue an MBA in Data Science following MSc in Data Science degree to brush up on your existing knowledge. MBA in Data Science is a unique specialisation for this degree that attempts to teach students data analytics techniques and tools and how they may be used in business theories to achieve business-driven goals.

Why should one pursue MBA after MSc?

Students should get an MBA after completing their MSc to broaden their expertise. The first MS they complete is to gain a thorough understanding of a subject of their choice. With more research effort involved, the knowledge gained is unquestionable, raising the question of how an MBA may aid them later on. The answer to this is simple: a student who wants to learn the inner workings of a business and be educated about administrative work will be a better fit as a candidate wherever they want to work, especially when compared to an MBA-less peer.

Can I do an MBA after MSc in Management?

Yes, you can complete or pursue an MBA degree after earning your MSc in Management. MBA graduates' seniority in terms of experience and managerial skills propels them to high-level management roles. As MSc in Management is an early career degree and MBA is a mid-career degree, you always have the option to get an MBA following MSc in Management.

What is the difference between MBA vs MSc Management programmes?

A Master of Business Administration (MBA) degree helps students in developing managerial skills. Accounting, entrepreneurship, finance, global management, human resources, and information technology are all important parts of the discipline. An MSc Management, on the other hand, is a programme that provides business knowledge by addressing all essential management elements such as innovation, finance, marketing, entrepreneurship, organisational transformation, and human resources. Students who pursue an MSc in Management develop managerial abilities that can help an organisation grow.

Is it a good choice of doing an MBA after the completion of an MSc in Chemistry?

Any course should have a goal in mind. You are already pursuing a master's programme, and you must be doing it with specific future goals in mind. MBA in several fields is a professional course that improves candidates' career prospects in top MNCs. If you consider that you want to make use of your educational qualification even further then you can complete your PhD in chemistry. However, if you want to change your career path and enter the management field, it is best to get an MBA from a known and reputable college.

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What is the MBA admission fees for first and second year apart from KEA Authority fees at PES College of Engineering, Mandya?

-DarshanUpdated on December 04, 2024 01:18 PM

1 Answer

Intajur Rahaman, Content Team

Dear Student,

The MBA admission fees for first and second year apart from KEA authority fees at PES College of Engineering, Mandya is around INR 14,200 to INR INR 45,706 depending on your candidate category and whether you are pursuing an MBA course through Aided or Unaided means. The fee structure details for every candidate category is released on the official website of PES College of Engineering and you may visit the official website to find out how much you need to pay as admission fees in the first and second year of your MBA course.