MBA or Master of Science in Finance???

Hi all,

I would be appreciate if all of you could give me advices on what i should do next??? To pursure a MBA or Master of Science in Finance??? I'm graduated with a BSc in Business Administration, and currently working as a Personal Banker in one of the local banks, and would like to pursue a Advanced Degree, so which one do you think i should go ahead with? I'm from Singapore, nationally accredited degree is fine, but would hopefully go with a Regionally accredited degree, and cost is a factor to me. Btw, it has to be 100% DL...
Thanks!


Kozen

 

Oops..sorry!

Also, On top of the advice that which Master degree i should pursue. Would be appreciate if you could recommend me on some of the Universities that offer 100% DL programs based on what you think i should pursue. Again...cost is a factor to me, as cheap as possile, but not degree mill.
Thanks!

Kozen

 

The difference between an MBA in Finance and an MS in Finance is that the MBA in Finance will generally devote about 2/3 of the program to general core courses in all subfields of business and the remaining 1/3 of the program to your specialy finance courses while the MS in Finance will be usually devote at least 2/3 of your program) to finance courses while maybe allowing you to take up to 1/3 of your courses in another business field, if you wish. Which is better? If a person wishes to get a PhD in Finance from a prestigious AACSB-accredited bricks & mortar university, often the MS in Finance looks better. If one wishes to continue working in private industry, often the MBA looks better. That said, there are many doctoral programs in business, especially distance learning ones, that will accept you with an MBA and many employers who will hire you with an MS in Finance.

 

Not so long ago, sanjovi asked about master's degrees in finance & accounting and I posted this list. It's a fairly generalized list, so you'll have to separate out accounting from finance, 100% DL from short-residency, and check on the prices. But all that info should be at their websites (weblinks are provided on the list). Here is the threadlink for that list and I hope it's at least somewhat helpful. http://forums.degreeinfo.com/showthread.php?s=&threadid=20765

 

Thanks for your advice. Btw, think i should rephrase my question. Actually i'm trying to ask whether i should pursue a MBA (General) or Master of Science in Finance based on what i'm doing now..


Kozen

 

Based on the fact that a BSc in Business Administration already got you a finance job, the MS in Finance would be nice additional background in your field, but not necessary. The MBA (general) might get you a ticket into management. The MBA in Finance would be a nice compromise.

 

For practical reasons, I would say that the MBA in Finance is a better choise only because the degree normally does not require a thesis and also because is more flexible if in the future you want to change careers. M.Sc in finance is a bit harder due to the thesis requirements but it can be a good choise if you are looking for a PhD after graduation. MBAs are also shorter in duration as they can be completed in two years part time.

University of Southern Queensland has both programs

www.usq.edu.au

 

Though I am not any guru but I would suggest MBA in finance is my choice over the other course. If you do it from a good and reputed college then no one can stop your bright professional career once you finish your education.

one-year MBA