Both the Master of Science in Management (MSM) and Master of Business Administration (MBA) degree programs at New England College offers students the chance to prepare for important leadership roles in business.  Deciding between the two business master’s degrees often comes down to exactly what students want to learn and what industry they want to work in.

The MSM from New England College prepares graduates for careers in Healthcare Administration, Nonprofit Leadership, Project Management, and Real Estate Management. The MBA program at New England College prepares graduates for careers in Digital Marketing, Health Informatics, Healthcare Management, Human Resource Management, Nonprofit Leadership, Project Management, Sport and Recreation Management, and Strategic Leadership.

The MBA still retains its standing as a clear sign that a professional is ready for the top jobs in business. But the MSM, a newer degree, has gained popularity for a few key differences.

Key Differences Between MSM and MBA

The MSM, which is popular in the U.S. but perhaps better known in Europe, focuses on preparing students for leadership roles in business, just like an MBA. However, there are differences in the approaches of the two programs.

An MSM is targeted to students who just completed their undergraduate degrees. Most MBA programs are aimed at professionals who have earned an undergraduate degree and have some years of experience in the working world.

The MSM program emphasizes adaptation to a fast-changing business environment, while the MBA focuses on the more traditional and time-tested approaches to business management.

Most MSM programs last about a year and focus on one area of business. New England College’s MSM program offers concentrations in Healthcare Administration, Real Estate Management, Project Management, and Nonprofit Leadership.

MBA programs typically last 18 months to two years. Graduates can earn a general MBA degree or enter a concentration in areas such as Digital Marketing, Health Informatics, Healthcare Management, Human Resource Management, Nonprofit Leadership, Project Management, Sport and Recreation Management, and Strategic Leadership.

Curriculum Differences of Business Master’s Degrees

To offer a comparison, here’s a look at earning an MBA with a concentration in Project Management or an MSM in Project Management. Both are offered at New England College.

MSM in Project Management

For MSM students, project management is part of the core courses. To earn an MSM at New England College, students need to complete five core courses. They are:

  • Project Management
  • Organizational Leadership and Change
  • Strategic Planning and Policy
  • Research Methods
  • Strategic Capstone project

In the Project Management concentration, MSM students take the following courses.

  • Managerial Accounting
  • Economics for Decision Making
  • Supply Chain Management
  • Quality Analysis for Technology
  • Organizational Communication, Negotiation & Conflict Resolution

MBA in Project Management

MBA students at New England College take a core group of courses as well. There is some overlap in courses, but the MBA program has more core courses.

The core courses are:

  • Organizational Leadership and Change
  • Managerial Accounting
  • Finance for Leaders
  • Economics for Leaders
  • Strategic Marketing
  • Strategic Planning and Policy
  • Capstone Project

MBA students who concentrate on Project Management take these additional courses:

  • Supply Chain Management
  • Quality Analysis for Technology
  • Project Management

Both Are Good Choices

Both the MSM and MBA programs provide the skills needed to step into leadership roles. Ultimately there is no wrong choice between the MSM and MBA degree programs at New England College. The choice comes down to a student’s individual situation and where they want to focus their career.

Each program focuses on teaching slightly varied skillsets that prepare students for the business world in different ways. Both the MSM and MBA equip students with specialized business knowledge that will set them apart from non-graduate level professionals. The MSM prepares students with unique foundational business skills that focus on people. Skills like communication, management, strategic thinking, teamwork, and ethical behavior.

The MBA program provides the opportunity to dive deep into business specializations through elective courses and concentrations but may not place as much emphasis on more general business relations knowledge.

For students who want to reach the pinnacle of their professions, a business master’s degree can help get them there. With the availability and convenience of online courses, there has never been a better time to earn a graduate business degree from New England College.