Most MBA programs push students to secure a summer internship with a company and/or an ongoing consulting/CO-OP project with an organization, as part of the emphasis on grooming future generalist managers. While popular media may be heavily skewed in its coverage towards the one-size fits all approach of a MBA, young professionals given their career interests and personal goals may instead be more suited to either a more specialized and technical program or a more research-intensive, academic program. (For some other options, check out Alternatives To Business School .) Alternative Master’s Programs in Business There is a broad array of advanced programs being offered by colleges and universities across the United States. http://rockscarlettreynolds.prosportsmall.com/2016/09/03/some-thoughts-on-necessary-factors-for-career/For instance, a professional can obtain a graduate degree in the following fields: Master of Accounting Master of Economics More Flexible Than an MBA? Programs within specific functions of a company or organization, such as the above, can typically range from one-year to three-year programs. An applicant without a spouse or family can opt for a shorter and more intensive one-year or two-year program. However, those who want to keep earning a salary and/or have family obligations to attend to, can often request the dean of the program to extend the duration of his or her program, in order to pursue a part-time schedule. Universities are motivated to attract talented candidates into their master’s programs for positioning and ranking purposes, therefore, they can offer flexibility for those they are confident have the ability to complete the requirements of the advanced degree. An MBA is not typically required to make partner at a CPA firm, so it may make sense for a degreed accountant or CPA to invest his or her time and money in a master’s degree in accounting or taxation instead. This allows him or her to focus on priority areas or interests such as regulatory compliance, estate planning or financial reporting. Clients of the CPA firm can spend hundreds of dollars for each hour of the CPA’s time, and they will want practical, immediate and effective solutions to their accounting or tax problem.
For the original version including any supplementary images or video, visit http://www.investopedia.com/articles/professionaleducation/09/business-grad-degree-vs-mba.asp?partner=mediafed