So is a Master of Science in Management a "Business" Degree?

I guess it all depends on course content. If an MSc in Management has the same content as an MBA, then I think they are the same qualification with different titles.

As far as "business schools" are concerned. Some of the best "business schools" are called something as such:

University of Toronto - Rotman School of Management

University of Ottawa - School of Management

Yale University - School of Management

Boston University - School of Management

Cranfield University - School of Management

MIT - Sloan School of Management

Northwestern University - Kellogg School of Management

.............

To name a few.


So, as you can see many "business schools" are not even called business schools. They are Schools of Management, and I personally think it is a more progressive title.