January 29, 2017

The MBA Equivalents

Want to do an international MBA but can’t afford it? Or are your interests and goals more specific and the degree too broad? Looking for options that give you the STEM advantage? Let’s be honest, the MBA has always been a coveted, all pervasive degree but in today’s day and age, universities understand it’s limitations and have tailored degrees to give aspirants exactly what they are looking for. Read on to find out more!

A master’s supply chain management will teach you the necessary skills to manage complex, global supply chains. The course covers a wide range of subjects- marketing, sourcing, manufacturing, logistics, finance, data analytics, technology, and customer relations. An SCM degree trains you to be a general manager not limited by industry.

Two programs that deserve to be mentioned are the MSCM at Michigan-Ross and MIT-Sloan. Both 10 months long, though the one at Ross falls under the purview of STEM.

Both the GMAT and GRE are acceptable. Work experience is a welcome, most people in the classroom have over 3 years of experience, and some even have MBAs.

If you are a younger aspirant straight out of college, more lucrative options for you would be a masters in finance, a masters in management (MIM), and managements of information systems (MIS)

Master of Finance programs are typically a bit easier to get into, and while most MBA programs require at least three years of work experience, for this course students can come in with just internship experience. This degree also tends to be shorter and cheaper.

The Master of Science in Management, often referred to as a MIM, is very similar to the MBA, but there are a few key differences. Although the two degrees typically cover the same subjects and general management courses, the Master of Science in Management is targeted with recent graduates in mind instead of seasoned professionals. Additionally, the Master of Science in Management focuses more on research in management, rather than the strategy of business administration. Kellogg has a renowned MIM program looking for candidates with less than a year of experience.

For engineers who want to hold on to the tech inside of them yet move to management roles or consulting a MIS degree is the answer. MIS is the application of computer related technology to managerial programs. This is one of the most popular degrees amongst Indian aspirants and is offered at almost every university in the US.

To pick the right course for yourself is the most nerve-racking process. We at Bootcamp understand your struggle, which is why we have a team of experts, who over multiple brainstorming sessions will understand your profile and requirements and find the course that best fits your needs. Do look at our website for more information.

We wish you good luck!