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MBA after MSc: Eligibility, Specializations, Scope, Top Colleges

Tiyasa Khanra
Tiyasa KhanraUpdated On: December 22, 2022 08:32 pm IST
MBA after MSc can be the right move if you wish to gain managerial experience and reach higher positions in your organization. Read this article to know more about the career possibilities of MBA after MSc.
MBA after MSc

Are you an MSc graduate who wishes to change your career domain? Do you need another master’s degree to support your growth in the organization and get a promotion? MBA after MSc is one of the most viable choices for professionals to advance their careers and acquire the technical and managerial skills required to move up in the industry.

The modern workplace is dynamic, and if one does not adapt by gaining new skills and knowledge, one can miss out on some great opportunities. MBA after MSc exposes students to a wide range of management disciplines and provides a way of rational thought over it and a career in that area. One can pursue an MBA in any specialized field such as Human Resources, Finance, Marketing, Sales, International Business, etc.

If you are skeptical about pursuing an MBA after MSc, then go through this article to know how it can open new doors for you.

MBA After MSc Highlights

MBA is a postgraduate management program. The table below mentions the most significant highlights of the MBA course:

MBA after MSc Particulars

MBA after MSc Details

Course Level

Postgraduate

Duration

2 years

Admission Process

Merit-based and Entrance Exam-based

Entrance Exams

Eligibility Criteria

  • Bachelor’s degree with a minimum aggregate score of 50%.
  • Professional experience of 2-5 years (preferred)

Specializations 

Course Fee

INR 10,000 - 20,00,000

Average Starting Salary

INR 3,50,000 - 30,00,000

Top Job Profiles

Also ReadWhich Is Better: MBA After Graduation or After Work Experience

Comparison Between MBA and MSc

Science, technology, engineering, and research-focused specializations are the focal points of the MSc degree programme. The MBA is a professional programme with several advantages, including business experience and personality development. It also gives students the analytical, critical thinking, and decision-making abilities they need to succeed in the corporate world. In order to understand why it is crucial to pursue an MBA after obtaining an MSc degree, candidates must go through the differences between the two degree programmes:

Point of Difference

MBA 

MSc

Duration

2 years 

2 years 

Degree-level

Master’s degree

Master’s degree

Average Fees

Rs. 2,00,000 - Rs. 25,00,000

Rs. 20,000 – Rs.3,00,000

Annual Salary

Rs. 22,00,000 per annum

Rs. 7,17,000 per annum

Work Experience 

Usually requires 2-3 years of work experience

Does not require any work experience

Field

  • Develops business and management skills.
  • Prepares the candidates for higher managerial roles.
  • Equips the candidates with excellent time management skills and communication skills.
  • Deals with diverse domains from leadership and entrepreneurship to finance, marketing and technology.
  • Develops theoretical, technical and research skills.
  • Deals with one specialization and hence provides subject-matter expertise in a certain specialization.

Specializations

  • Human Resource Management
  • Finance
  • Sales and Marketing
  • International Business
  • Business Analytics
  • Operations Management
  • Logistics and Supply Chain Management
  • Pharmacy
  • Data Analytics
  • Stem Cell Therapy
  • Life Science
  • Systems Engineering
  • Forensic Science
  • Oceanography
  • Physiology
  • Biochemistry

Job Profiles

  • Human Resource Manager
  • Finance and Accounts Manager
  • Business Analyst
  • Project Manager
  • Operations Manager 
  • Sales and Marketing Manager
  • Research Assistant
  • Laboratory Technician
  • Food and Drug Inspector
  • Chemical Analyst
  • Biochemist
  • Scientist
  • Junior Research Fellow

Why Pursue MBA after MSc?

There are several reasons why securing an MBA degree after completing MSc may prove beneficial to the students:

  • MBA gives you the opportunity to experiment with and adopt the skills and training required to change career paths. It prepares you to succeed in a managerial role in your industry and helps you transform into a competent leader who can handle a team efficiently.
  • MBA provides excellent networking opportunities. You will have the opportunity to network with alumni, leaders in the industry, and knowledgeable career mentors who can offer advice on how to improve your administrative skills.
  • Pursuing an MBA makes the candidates eligible for a wide range of employment options and a higher pay scale. The average annual compensation after an MBA in Operations Management and an MBA in Finance stands at INR 11 LPA and INR 20 LPA, respectively. 
  • An MBA degree is the best option for you if you want to start your own business or increase your abilities to expand your current one. It teaches you how to master real-world obstacles and maintain stability over time.
  • MBA graduates are in high demand in the job market, which creates a wealth of career prospects and results in career stability and security.
Also Read:
MBA after BSc: Eligibility, Specializations, Career Scope, Top CollegesMBA after BCA: Eligibility, Specializations, Scope, Top Colleges
MBA after Engineering (B.Tech / B.E.) - Benefits, Scope, Career OptionMBA after B.Pharma: Eligibility, Top Colleges, Career Scope

MBA after MSc Eligibility Criteria

Given below are some prerequisites that the candidates must meet if they aspire to pursue an MBA at the most renowned B-Schools in India after completing MSc:

  • Bachelor's degree in any stream with a minimum score of 55% for general category candidates and 45% for reserved category candidates
  • Minimum qualifying scores in national-level MBA entrance exams like the CAT, GMAT, XAT, MAT, ATMA, etc.
  • Minimum qualifying scores in institute-level MBA entrance exams like B-MAT, NIPER, CUSAT, etc. 
  • Minimum qualifying scores in GMAT and GRE and SOP, Letters of Recommendation, passing marks in language proficiency exams like the TOEFL and IELTS for studying an MBA abroad
  • Qualifying for Personal Interview or Group Discussion stages
  • Professional experience between 2.5 and 3 years (preferred, not mandatory)

National-Level Entrance Exams for MBA after MSc

  • CAT
  • XAT
  • MAT
  • SNAP
  • GMAT
  • ATMA

Top MBA Specializations after MSc

The top specializations that MSc graduates can pursue have been mentioned in the table below:

MBA Specialization

Course Description 

Syllabus

MBA in Artificial Intelligence

It deals with the effects of business effectiveness using AI technology, research, analysis, etc. 

  • Language Lab (Python / R/ TensorFlow)
  • Financial Reporting and Management Control
  • Statistical Decision Making
  • Developing Consulting Mindset for Problem Solving
  • Strategy Management
  • Leadership and Corporate Accountability

MBA in Business Analytics & Big Data

It deals with semi-structured, Big Data structured, or unstructured data and promotes tactical and strategic decision-making.

  • Information Security in Business
  • Predictive Analytics
  • Big Data
  • Cloud Computing
  • E-Business
  • Data Visualization
  • Decision-Making Systems
  • Python for Data Science
  • Marketing Analytics.

MBA in Rural & Agri-Business

It will offer agribusiness leaders and entrepreneurs the vision, skills, and mindset they need to advance and expand their agro-based businesses.

  • Agricultural & Food Policy
  • Agricultural Finance
  • Marketing of Agricultural Inputs
  • Strategic Food Marketing
  • Management for Agribusiness Projects
  • International Agri-Food Trade
  • Value Chain Management – Applications in Agribusiness

MBA in Pharma & Health Care Management

This course prepares you for managerial positions in the pharmaceutical industry by developing your skills in planning & operating management techniques, and by helping you acquire consultancy skills, and problem-solving abilities. 

  • Health Care & Hospital Administration
  • Human Resource Management
  • Health Programme Management
  • Health Care Marketing & Public Relations
  • Human Anatomy, Physiology and Medical Terminology
  • Hospital Accounting & Finance
  • Health Economics
  • Hospital Materials Management

MBA in International Business

In order to enable students to conduct business on a worldwide scale, it focuses on teaching them the fundamental abilities and understanding of international business, commerce, import, export, laws, regulations, etc.

  • International Marketing Management
  • International Economics
  • International Trade Logistics & Sourcing
  • International Business Strategy
  • International Financial Management
  • International Contract Management

Other popular MBA specializations include:

MBA in Human Resource Management

MBA in Sales and Marketing

MBA in Finance

MBA in Biotechnology and Oil & Gas Management

MBA in Information Technology

MBA in Project Management

MBA in Digital Marketing

MBA in Pharmaceutical Management

MBA in Entrepreneurship

MBA in Logistics and Supply Chain Management

MBA in Entrepreneurship

MBA in Travel and Tourism Management

MBA in Agribusiness

MBA in Banking and Finance

MBA in Biotechnology

MBA in Business Economics

MBA in Financial Management

MBA in Rural Management

Top Colleges Offering MBA after MSc in India

Since MBA is a globally acclaimed degree, some of India's best universities provide a world-class curriculum and facilities. The most eminent colleges in India for graduates in MSc who want to earn an MBA degree are listed below:

Also Read:Good MBA Colleges with Fees Under Rs. 5 Lakhs

Scope of MBA after MSc

Since everything comes down to money and returns on investment, candidates must be aware of the employment prospects before enrolling in any specialization. Some of the job profiles associated with specific MBA specializations have been provided below:

MBA Specialization

Job Profiles

MBA in Business Analytics & Big Data

  • Marketing Manager
  • Financial Analyst
  • Operations Analyst
  • Supply Chain Analyst
  • Business Analytics Specialist
  • Management Consultant

MBA in Pharma & Health Care Management 

  • Hospital Administrator
  • Product management for medical device companies
  • Pharmaceutical Product Manager
  • Product marketing for research organizations, biotech firms or medical device companies
  • Medical Practice Manager
  • Data Analytics and Competitive Intelligence across the sector (biotech/pharmaceuticals, medical device companies, health IT)
  • Health Informatics Manager

MBA in International Business

  • Risk Management Director
  • Corporate Auditing Director
  • Marketing and Sales Director
  • Government Affairs Director
  • Business Development Manager
  • Real Estate Development Manager
  • Supply Chain Management Director

MBA after MSc Top Recruiters 

The most popular recruiters for MSc graduates aspiring to pursue an MBA have been mentioned below:

Amazon

Apple

JP Morgan

Google

Deloitte

Accenture

Morgan Stanley

Microsoft

TATA Consultancy Services

Ranbaxy Laboratories

Max Healthcare

Wipro GE Healthcare

MBA after MSc Salary 

The dual specialization of MBA after M.Tech makes the candidates eligible for significantly high salary packages and top positions. Listed below are the job profiles and associated pay scales available after obtaining an MBA after an MSc:

Job Profile

Annual Salary Package (in INR)

Quality Assurance Manager

11,00,000

R & D Executive

11,70,000

HR Manager

7,25,000

Pharmaceutical Product Manager

8,81,818

Marketing Manager

6,85,280 

Risk Management Director

37,50,000

Operations Manager

3,50,000 - 8,00,000

Corporate Auditing Director

30,33,911

Finance Manager

11,00,000

Real Estate Development Manager

9,15,628

Credit Analyst

13,00,000

Product Manager

17,32,442

Supply Chain Program Manager

4,50,000 - 12,00,000

Market Research Analyst

8,00,000

Salary after MSc

The salary package offered after completing an MSc are as follows:

Job Profile

Annual Salary Package (in INR)

Senior Network Engineer

7,45,178

Security Consultant (IT)

7,24,791

Software Test Lead

10,56,286

Technical Consultant

8,20,499

Senior Software Programmer

8,75,810

Analyzing the average annual compensation offered by both MBA and MSc, it can be concluded that MBA graduates earn significantly higher than that of MSc graduates. Potential candidates receive leadership expertise, strategic thinking abilities, and decision-making skills from this postgraduate business degree. Enrolling in an MBA programme after earning an MSc opens up a wealth of opportunities and draws in lucrative job opportunities.

Thanks to the MBA degree, one has the opportunity to research and learn from a larger range of sources. An MBA is one of the most favorable options for science graduates who want to establish their careers in a non-technical field. There is a need for more educated MBA graduates with knowledge of both business and science. In general, an MBA is the finest route to take in order to search for lucrative prospects in many professional pathways because it enables one to explore a variety of areas and accelerates career advancement.

Also Read:

MBA after B.Ed: Eligibility, Specializations, Scope, Top CollegesMBA after B.Arch: Eligibility, Top Colleges, Syllabus, Jobs, Scope
MBA After LLB: Eligibility, Admission, Colleges, Syllabus, Jobs, ScopeMBA after LLM: Eligibility, Specializations, Career Options, Top Colleges

FAQs

Is it worth doing an MBA after MSc degree?

Yes, you can pursue an MBA after an MSc degree. Having said that, aspirants must know that an MBA degree and an MSc degree are two diverse/different master's programmes. An MSc degree is focused on Science, Tech/IT, Engineering and Management related field courses as well as research-oriented specialisations. On the other hand, an MBA degree is a professional PG programme with numerous benefits from business exposure, personality development, etc.

What are the top MBA courses or specializations that graduates can pursue after MSc in a Science field?

Some of the most trending and dynamic MBA courses or specializations that graduates can pursue after completing their MSc degree in a relevant Science field are:

  • MBA In Business Analytics
  • MBA in Biotechnology and Oil & Gas Management
  • MBA in Laboratory Management
  • MBA in Logistics Management
  • MBA in Aviation and Airport Management
  • MBA in Industrial Management
  • MBA in Hospital Management
  • MBA in Export and Import Management
  • MBA in Logistics and Supply Chain Management

Can I pursue an MBA after MSc in Project Management?

Project Management, a lesser-known speciality, plays an important function in a business environment by designing and arranging project schedules for various goals. Studying an MBA in Project Management following your MSc will teach you how to pick and review projects, as well as its principles to understand the influence of stakeholders. By attaining this degree, you can discover a plethora of opportunities in IT, consulting and varied other sectors.

Can I pursue an MBA after MSc in Finance?

It is an interdisciplinary programme with a remarkable balance of mathematics and business study. It is ideal for people who want to specialise in finance while simultaneously developing managerial skills. It combines theoretical and practical aspects of finance and management. Studying Finance as your concentration for your MBA after MSc, you can not only pursue finance-related job profiles, but you can also aim higher for managerial roles in the corporate sector.

Can I pursue an MBA after MSc in Computer Science?

Yes, you can take an MBA in Computer Science following your MSc to complement your existing knowledge. This degree will not only cover the key parts of Management but also offers students an understanding of software systems and IT tools and methodologies. By pursuing this degree, you will be equipped with both technical and managerial skills, allowing you to pursue appealing job profiles in both the IT and management sectors, as well as good salary packages.

Can I pursue an MBA after MSc in Data Science?

Yes, you may pursue an MBA in Data Science following MSc in Data Science degree to brush up on your existing knowledge. MBA in Data Science is a unique specialisation for this degree that attempts to teach students data analytics techniques and tools and how they may be used in business theories to achieve business-driven goals.

Why should one pursue MBA after MSc?

Students should get an MBA after completing their MSc to broaden their expertise. The first MS they complete is to gain a thorough understanding of a subject of their choice. With more research effort involved, the knowledge gained is unquestionable, raising the question of how an MBA may aid them later on. The answer to this is simple: a student who wants to learn the inner workings of a business and be educated about administrative work will be a better fit as a candidate wherever they want to work, especially when compared to an MBA-less peer.

Can I do an MBA after MSc in Management?

Yes, you can complete or pursue an MBA degree after earning your MSc in Management. MBA graduates' seniority in terms of experience and managerial skills propels them to high-level management roles. As MSc in Management is an early career degree and MBA is a mid-career degree, you always have the option to get an MBA following MSc in Management.

What is the difference between MBA vs MSc Management programmes?

A Master of Business Administration (MBA) degree helps students in developing managerial skills. Accounting, entrepreneurship, finance, global management, human resources, and information technology are all important parts of the discipline. An MSc Management, on the other hand, is a programme that provides business knowledge by addressing all essential management elements such as innovation, finance, marketing, entrepreneurship, organisational transformation, and human resources. Students who pursue an MSc in Management develop managerial abilities that can help an organisation grow. 

Is it a good choice of doing an MBA after the completion of an MSc in Chemistry?

Any course should have a goal in mind. You are already pursuing a master's programme, and you must be doing it with specific future goals in mind. MBA in several fields is a professional course that improves candidates' career prospects in top MNCs. If you consider that you want to make use of your educational qualification even further then you can complete your PhD in chemistry. However, if you want to change your career path and enter the management field, it is best to get an MBA from a known and reputable college.

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