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An MBA or MSc – Which One Is Best For You?

It’s a crucial time after your Bachelor’s. Do you start working? Should you take up another course? Should you look for an internship? Is Master’s a good option? Lots of different questions like these will be going through your mind. It is an important milestone in your life and what you choose here could affect the rest of your life. 

If you’ve decided to take up a Master’s after your BSc but are unsure about which one to take, this article is for you. It will help you understand the distinction between an MBA and an MSc degree and which one is best for you. 

There are oceans of MBA and MSc degrees offering specializations in a variety of fields. On the surface, all these degrees look the same and you may not feel there’s any difference between any of them but when you look closer, the differences are quite glaring. 

1. Specialization vs. Generalization

The main difference between an MBA and an MSc degree is the level of specialization involved. With an MSc degree, you will dive right into the specialization of your choice. It deals with one particular subject of your interest. An MBA degree, on the other hand, offers a broader perspective of business. You will learn the fundamentals of business, including finance, operations, administration, law, etc. in the first year. In the second year, you’ll get into the nitty-gritty of your preferred industry. 

2. Management vs. Business

An MSc program mainly focuses on topics related to the management aspects of your chosen specialization. But to understand a business completely, you need to know about every single area of work. With an MBA program, your main focus will be on the business side of things, involving different sectors and domains. 

3.  Enhanced Knowledge vs. Expanded Opportunities

MSc is an advancement course that serves to enhance the knowledge you’ve gained in your Bachelor’s. This means, both your undergraduate and postgraduate degrees will be the same. However, you can opt for an MBA, irrespective of your undergraduate degree. An MBA degree will fast-track your career growth by equipping you with both practical skills and knowledge required to operate a business effectively. Additionally, there is a significant expansion of your professional network as you will be interacting with different teams. 

4. Inexperience vs. Experience 

One of the major differences between an MSc and an MBA degree is the experience of the applicants. MSc aspirants are typically recent graduates with minimal to no work experience. For an MBA, colleges usually put work experience as a prerequisite for applying. As such, most of the MBA aspirants have about 2–4 years of experience before they take up the program. 

5. Theory vs. Practice

While the emphasis nowadays is more on practical skills, India still suffers from the pursuit of traditional rote education. Classroom teaching and standardized tests still take precedence over practical learning. Many Master’s degrees follow this pattern of teaching, where practical knowledge is not part of the curriculum or sprinkled a pinch here and there. And this is because degrees such as MSc are pursued to gain knowledge about the subject rather than apply it in real-time. MBAs rely mainly on practical projects as the applications outweigh the theoretical aspects of the degree. 

6. Entry-level Jobs vs. Executive Jobs

Even if you have a Master’s degree, there is no guarantee that you’ll get an executive-level job immediately. Most degrees such as MSc help you get into your specialized industry rather than push your career forward. An MBA will secure you high-paying jobs mainly as one of the common prerequisites is having work experience. You enter the workspace with better networks as well and therefore, can move up ranks faster. 

A common analogy used to compare these degrees is that of an airplane ticket where MSc is an  Economy Class ticket and MBA is a Business Class ticket. Both degrees get you to the same destination, but how they get you there and the benefits they offer matter. 

To conclude, an MBA degree is the right fit when you are looking for higher gains, i.e. better career opportunities and networks. That’s not to say an MSc won’t do the same, but the gains are much lesser. An MBA will equip you with more practical skills for an evolving workplace and it’s best suited if you are looking at opportunities at a global level. 

The management courses at MBA ESG will prepare you for a global career. You can opt for a specialization in Sports Management, Luxury Management, or Hospitality Management.

Testimonial: Luc Haddadj, MBA Sports Management Student, Passionate About Motorcycling, Looks Back at The Championship in Which He is Participating

Luc, our 2nd year student of MBA Sports Management and passionate about motorcycling since his childhood will have the honour of participating in a sporting project of international scope: The FIM EWC Motorcycle Endurance World Championship. The event will take place over the weekend of December 14, 2019. It is an 8-hour endurance race, which will take place in Sepang, Malaysia.

CAN YOU DESCRIBE THIS EVENT TO US?

This event represents a lot for the team because this year we are celebrating the 50th anniversary of National Motos. We are now a real institution; we have participated in 178 races around the world. Each year, nearly 30 volunteers bring the spirit of the 55 (number of our motorcycle) to life and more than 150 pilots have raced for us.

National Motos is also a state of mind: perseverance and surpassing oneself. Since 1971, we have relied on volunteers who come on their holidays to participate in the 24 Hours of Le Mans and the Bol d’Or.

CAN YOU TELL US ABOUT THE HONDA NATIONAL MOTOS TEAM OF WHICH YOU ARE A PART?

National Motos is the oldest team in the World Championship, engaged in motorcycle endurance since 1971. The team won the 2006 24 Hours of Le Mans, and the team has many podiums as well as the participation record in the 24 Hours of Le Mans and the Bol d’Or.

WHAT DOES THIS EVENT REPRESENT FOR YOU?

Being the grandson of the creator of National Motos (Pipo Haddadj) and the son of the current director (Stéphane Haddadj), this adventure is very close to my heart. I have been part of the team for a few years and I have always been the 1st supporter of my father and my grandfather.

HOW DO YOU FEEL WHEN THE EVENT APPROACHES?

It is the 1st time that we go to Malaysia and that we participate in an Asian round! Personally, I am impatient to be there, we know that we are going to venture into the unknown, suddenly. We are not sure of the result of this race. But above all, it is a magnificent human adventure and a great gift for those who accompany us.

We wish Luc and his Team to live a great adventure!

This article was translated from French. Read the original article here.

Testimonial: Adrien, our MBA Sports Management student recounts his experience

Before joining MBA ESG, Adrien had a DUT GEA (Business and Administration Management) at the University of Orleans. Eager to obtain financial and marketing bases, he later gained a management and marketing license at IAE Orléans. He is now one of our future graduates in MBA Sports Management.

“It’s my passion for the sport that first convinced me to start this training. I did not want to integrate a training STAPS, which for me did not correspond to my profile and which was not enough oriented to business. I saw in ESG’s MBA a real springboard in the realization of my career. I came for a training that trains future professionals and managers while allowing me to evolve in the sports world. The reputation of training in the world of sports and the courses offered, by professionals confirmed in their field of activity, have greatly influenced my choice. We are immediately considered professionals more than students!”

“In my opinion, the main asset of the training is undeniably the intervention of professionals. Beyond coming with their network, they allow students to benefit from their experiences. They are all in a state of mind of exchange and sharing. When you give yourself the means to succeed, we accompany you and give you the means to achieve your dreams. You are supported and always listened to. Admittedly, these are two years extremely intense in terms of rhythm but it creates a real team spirit, allows to build a network and especially to be constantly in a work environment that we can find in business.”

“My experience in business has brought me a lot personally but also professionally. I had a lot of responsibilities and my management has always trusted me. I have strong marketing skills today with true 360-degree vision. Personally, I learned a lot about myself and how to manage priorities.”

“These two years have been the best of my school career. I met colleagues who have become true friends with whom I can share and expand my professional network. Then, from a professional point of view, this training was for me a real revelation. I was able to put my skills to the benefit of my passion. Future graduate, I now feel ready to try the professional adventure in London!”

Learn more about MBA in Sports Management at MBA ESG.

This article was translated from French. You can read the original article here.

Launch of the MBA ESG Sports Management Program in Dakar in Partnership with the ISM Group

MBA ESG, Paris (Galileo Global Education Group) launched the first training course in Sports Management in Dakar with the ISM Senegal Group, which opened on October 30, 2019.

By starting this training in Senegal, the ISM Group aims to prepare sports professionals, passionate about this evolving universe, to become future players in the sports world in view of the Youth Olympic Games organized in the country in 2022. A “First” for Africa, which will host, on French-speaking soil, the biggest event in the world.

Abdou Diouf, Director General of ISM, talks about his ambitions in relation to this partnership:

“As part of the 2022 Youth Olympic Games, having quality expertise requires skills in the field of sports management. We challenged ourselves to participate in capacity building and the implementation of this expertise by mobilizing the skills of ESG MBAs who have been working in this field for a long time,” says Abdou Diouf.

“This training is in line with the international and professional standard of MBA ESG, which trains 90   young people practicing in the world of sport each year. It is this model that we wish to introduce in Senegal to respond to the overwhelming evolution of the sport of today and tomorrow which is becoming industrialized, globalized, digitalized, and contributes to the “better living” together of people”, he continues.

After Guadeloupe, Lebanon, India, the creation of this first “Sports” course in Dakar on the continent of “youth of the world” strengthens the desire of Galileo and MBA ESG to forge a link between the Group’s schools, to pursue the development of “Sports” training establishments and to build strong relationships with local economic circles.

Discover more about our MBA Sports Management.

This article was translated from French. You can read the original article here.

Baptiste Petit Testimonial, Sports Management

Baptiste Petit, a former MBA Sports Management student, looks back on his career and professional experience at Lacoste.

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Before joining MBA ESG, Baptiste began his studies in Business and Management at Audencia. This background allowed him to acquire varied skills in areas such as sales, negotiation, and marketing. And thanks to this experience, he was able to set foot into the professional world by doing two internships for the sports brand Kappa.

Read below what Baptiste has to say about his experience with MBA ESG.

“I always had a professional project to work on in the world of sport. After two professional experiences in this world, it strengthened my choice. It was then that it seemed relevant to me to move towards an MBA specializing in marketing and sport to access training that is professional, practical, and operational to develop my marketing and management skills while continuing to expand my network in the field of sport.

I then chose to integrate into MBA ESG because the training was well-ranked at the level of specialized training in sport. In addition, the school is located in Paris where the sports sector is highly developed with many major players in the market. In hindsight, what I really appreciated in the training was its professionalization. I worked on many projects such as emergency seminars, consistent with our training, whose format was closest to the reality of the world of work. I also enjoyed learning alongside quality, legitimate speakers in their fields of activity.

During my training at MBA ESG, I completed a one-year internship in the Lacoste brand’s French marketing department. It was an excellent opportunity for me to discover a new sector of activity. My various missions have met my expectations. I have personally evolved independently, with anticipation, and also professionally by developing and completing 360° skills in marketing, while gaining experience and maturity in project management.”

Learn more about our MBA Sports Management program.

This article was translated from French. To read the original article click here.

Study Trip to Padukone-Dravid Centre for Sports Excellence

The Padukone-Dravid Centre for Sports Excellence (CSE) is India’s finest integrated multi-sport complex, built to encourage sports at every level. CSE has partnered with academies and scientific and fitness partners to provide better facilities to athletes.

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The different academies present in CSE have different business models and all are very satisfactory in terms of standards and infrastructure. The primary objective of the Padukone-Dravid Centre for Sports Excellence is to make sports accessible to many and to bring rocketed change in the Indian sports market. One of its main objectives is to build up sports from the grassroots.

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Students of the MBA in Sports Management program learnt the different types of business models at such centres of excellence.

  • Renting model
  • Revenue share model
  • Corporate packages
  • Pay-to-play model

Students also understood why such facilities are the need of the hour. The centre aims to support competitive and recreational athletes, professional coaches, sports academies, and aspiring young talent excel in the sport of their choice. Such facilities strive to reach European sporting standards and encourage more people to take up sports.

 

There are different academies of the Padukone-Dravid Centre for Sports Excellence,

  • Prakash Padukone Badminton Academy
  • Prakash Padukone Sports Management
  • 6(Six) Cricket Academy
  • Dolphin Aquatics
  • Peter Burwash International Tennis Academy
  • Bangalore Youth Football League
  • Boca Juniors School of Football
  • Ray Malik School of Squash
  • Akanksha Singh Basketball

The CSE campus is a sprawling property with separate areas for Badminton, Swimming, Cricket, Tennis, Squash, Basketball, and Football.

mba esg 30x17 - Study Trip to Padukone-Dravid Centre for Sports Excellence

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Through this visit, students learnt the different kinds of business models associated with different sports. They learnt how to make such venues profitable depending on the sports they offered. They discovered how to maintain world-class standards and what roles scientific approaches and medical partners play in such facilities. Finally, technical details in infrastructure and role of all the stakeholders and how it all works out in synergy were discussed.

Discover The New Sponsor of MBA Sports Management

Good news for the Sports Management MBAs, who will welcome, from the start of 2019, a new sponsor.

It is Axel Carrée, who occupies, in parallel with his role within ESG MBA, the position of Director of Sports Marketing for Lacoste since 2017. He holds a master’s degree in management and business administration from the University Paris II Panthéon Assas and a DESS in sports management from the University of Caen.

Axel Carrée began his career in 1996 as the head of sponsorship at Nestlé Waters France. In 2000, at Nestlé Waters MT, he became responsible for international sponsorship operations, before taking up responsibilities for internal and external events in 2006. He arrived in 2013 at Lacoste, as the Brand Events Director, before being appointed, four years later, as the Director of Sports Marketing.

He will be a real asset for our MBA Sports Management students who will be able to interact with their new sponsor on the stakes and evolutions of business in the sports sector.

Learn more about MBA Sports Management.

This article was translated from French. You can read the original article here.

MBA Sports Management Enters International SportBusiness Ranking

We are delighted to share the good news that our MBA in Sports Management course has entered the international ranking of Best Masters of the popular sports magazine, SportBusiness.

The rankings are as follows,

  • 40th in world ranking
  • 14th in European ranking
  • 2nd in all of France

This ranking is based on several criteria including the satisfaction of the alumni, the evolution of their salary, the integration rate, the pedagogy of the program, the professionalization of the students, globalization of the program, etc.

You can read the complete report here.

Our MBA in Sport Management is featured in 3 major rankings. The SportBusiness ranking completes our 2018 list. Our other rankings include,

  • 3rd in the Best Masters, MS, and MBA 2018 (Eduniversal ranking)
  • 16th in the international ranking Best Masters 2018 (Eduniversal ranking)

It is a tremendous recognition for our Sports Management MBA, which continues to develop in France and abroad (India, Lebanon, Guadeloupe, Senegal).

This article was translated from French. You can read the original article here.