What’s the Difference Between an MBA Certificate vs MBA Degree?
In weighing an MBA certificate vs. MBA degree, prospective students need to consider a range of factors, including their career objectives, as well as time and cost.
Time and Cost Investment
An MBA is a highly sought-after graduate degree focused on giving students a strategic perspective in managing businesses and people. MBA degrees often are intensive and require a significant investment of time and financial resources.
On the other hand, a pre- or post MBA certificate is much less of a commitment. Some certificate programs can be completed in as little as nine credits, meaning that students can complete it in one semester (full time) or two semesters (part time). It also can help students better understand whether further business education aligns with their career goals. Then, if they decide after the certificate to pursue an MBA, the stackable credits they earned can be applied toward their degree. Many certificate programs cost less than $10,000 per year.
Different Curriculum Designs Meet You Where You Are
For some students, an MBA certificate program allows them to test-drive MBA-level courses before fully applying for an MBA program. For others, the certificate allows for a deep dive in a particular subject matter, such as analytics or entrepreneurship, to help bolster skillsets or quickly close skills gaps.