Are you confused between choosing either MBE or MBA? Get insights about the course prospects, scopes, requirements and comparative study of MBE vs MBA.
Table of Contents
MBE vs MBA is distinct in the curriculum but are the ideal degrees for today's competitive business world. MBA focuses on business communication and positions you in marketing research and analytics, whereas MBE combines management, business administration, economics, technology, and engineering and positions you in finance, marketing, and human resources.
If you wish to pick between MBA or MBE, choose wisely depending on your area of interest. Read carefully to understand the essential difference between MBA vs MBE courses, eligibility scope, and more.
MBE vs MBA: Highlights
Students who have earned a bachelor's degree are often unsure if they should pursue an MBE or MBA degree after graduation. MBA course is a general management course that students can learn with primary and major specializations of the graduate's area of interest. In comparison, MBE is for the ones planning to pursue a specialization in economics. To choose the best course, a student must assess the course's significant components when comparing MBE vs MBA.
Let's look at MBE vs MBA fundamentals difference.
|
Criteria |
MBE |
MBA |
|
Full-form |
Masters of Business Economics |
Masters of Business Administration |
|
Duration |
2Years |
2Years |
|
Eligibility criteria |
Graduation (Any stream) with a minimum 50% aggregate. |
Graduation (Any stream) a minimum 45% aggregate |
|
Average Fee |
INR 2 LPA |
INR 5 LPA |
|
Average Salary |
INR 4 LPA |
INR 6LPA |
|
Job Roles |
Business Economist, Asset Manager, Market Analyst, etc. |
Marketing Manager, Operations Manager, Financial analyst, etc. |
MBE vs MBA: Overview
MBE or Master of Business Economics is a degree that teaches students problem-solving abilities and how to deal with management issues that a developing company may face. The program is designed for people who want to improve their flexibility and problem-solving skills. A two-year curriculum with four semesters of study and a 10-week training session (required by certain institutions) with a reputable organization will ensure that you have the necessary tools to face the financial world's issues front on.
Read More: MBE
MBA refers to a graduate degree in business administration. It is one of the most sought-after business degrees in the world. In today's competitive environment, an MBA is required for job progression. It teaches the information and abilities needed for challenging work that necessitates perseverance, energy, and time management. It instills principles such as collaboration, leadership, and the capacity to encourage others.
Read More: MBA
MBE vs MBA: Eligibility Criteria
MBE vs MBA programs shows different entrance standards, so it's crucial to grasp the qualifying criterion for each course. To enroll in the course, one must first understand the qualifying requirements. Let's compare MBE vs MBA eligibility requirements below:
The following are the MBE eligibility requirements:
- The following are the minimum requirements: A bachelor's degree in business administration, mathematics, statistics, or B.Tech.
- Minimum required marks range from 45 to 55 percent. The minimal marks, however, may differ from one institute to the next.
The following are the MBA eligibility requirements:
- To be eligible for an MBA, you must have a bachelor's degree in any subject or an equivalent from a recognized university (full-time).
- The majority of institutes have a graduation minimum score requirement of 50 percent on average or comparable. For students in the Reserved group, a minimum aggregate score of 45 percent is required.
- Graduates with a bachelor's degree are also eligible to apply for an MBA program if they can demonstrate that they completed their bachelor's degree within the institute's timeframe.
Also Read on MBA Admission
MBE vs MBA: Subjects
One may find the primary difference while comparing MBE vs MBA in the curriculum; however, the following courses constitute a typical curriculum for both degrees for comparison. An overview of the MBE vs MBA course program is as follows:
MBE Subjects:
- Portfolio Management
- Corporate Finance
- Advanced Econometrics
- Agriculture Economics
- Energy Economics
- Financial Risk Management
- Time Series and Business Forecasting
- Game Theory and Application
- Managing Change in Organisations
- Labour Economics
Read More: MBE Syllabus and Subjects
MBA Subjects:
- Finance
- Marketing
- Economic Statistics
- Operations
- Organizational Behaviour
- Accounting
- Business Ethics
- Entrepreneurship
Read More: MBA Syllabus and Subjects
MBE vs MBA: Advantages of Pursuing
When comparing MBE vs. MBA, MBE is considered highly specialized, while an MBA is a generic degree. An MBA offers advanced management skills and broad knowledge, but an MBE prepares you to lead in business and economics. Take a look below and compare the advantages of MBE vs MBA.
MBE is an economics-based curriculum that focuses on the analysis and forecasting of business and corporate environments. The following are some of the advantages of pursuing MBE:
- Dedication
- Skills in networking
- Increased awareness
- Enhanced Job Prospects
Completing an MBA program demonstrates a commitment to acquiring, improving, and implementing skills that may help a company succeed. Professionals with MBAs are also more confident in their marketability and the amount of information they can provide to a variety of projects. These are just a few of the advantages of getting an MBA.
- Improved communication skills
- Better awareness of the global market
- More prospects
- A larger professional network
- More efficient time management
MBE vs MBA: Job Opportunities
If you compare MBE vs MBA in terms of scope and job opportunities, MBE offers marketing research and analytics opportunities, whereas MBA opens finance, marketing, HR, etc. roles. Before enrolling in any degree program, the most crucial factor for students to consider is the likelihood of a successful career. MBE vs MBA job opportunities is outlined below.
Job opportunities for MBE candidate are:
- Business Analyst
- Manager
- Economist
- Zonal Business Manager
- Marketing Agent
Read More: MBE Job Opportunities and Scope
Job opportunities for MBA candidate are:
- Brand Management
- Information Technology
- Banking, Financial Services & Insurance
- Marketing
- Accounting & Finance
Read More: MBA Job Opportunities and Scope
MBE vs MBA: Salary Packages
Salary is a critical, if not the most important, criterion when choosing a degree program and a career. As a result, it's important to think about the following salary ranges. Comparing MBE vs MBA, the salary trend also depends on college placements. Let us check the difference range of MBE vs MBA in salary packages below.
Average salary for an MBE graduate is:
|
Designation |
Average Salary (INR) |
|
Accountant |
2.2LPA |
|
Finance Analyst |
3.9LPA |
|
Business Analyst |
3.9LPA |
|
Marketing Agent |
4.1LPA |
Read More: MBE Salary
Average salary for an MBA graduate is:
|
Designation |
Average Salary (INR) |
|
Regional Sales Manager |
3.6LPA |
|
Marketing Manager |
5.5LPA |
|
Digital Marketing Analyst |
5.1LPA |
|
Operations Manager |
5.4LPA |
Read More: MBA Salary
MBE vs MBA: Top Colleges of India
In the above article, we have compared MBE vs MBA, but the colleges for both courses are almost equivalent. The finest schools are chosen based on several factors, including placement scenario, pricing structure, instructor evaluations, and infrastructure. Some of the top colleges for MBE vs MBA are as follows:
Top Colleges for MBE in India are:
Top Colleges for MBA in India are:
Which One to Choose: MBA or MBE?
Although MBE vs. MBA shows a different set of curricula, they are considered two of the most respected postgraduate degrees. The decision between MBE vs MBA will be difficult because they are both fantastic. It might be challenging to make because it offers benefits and drawbacks. Consequently, graduates must select based on their preferences and long-term goals.
MBE vs MBA Opportunities: MBE is a field of business decision-making for those who want to apply economic theory and research, whereas MBA is a field of general management for people who want to grow themselves in the corporate world.
MBE vs MBA Skills Development: Internships and case studies give MBE and MBA students chances to get real-world management experience. Furthermore, both courses strengthen networks by allowing people to connect from all over the world.
So MBA vs MBE, which is the best option? It is contingent on your preferences and instincts. In India, MBE and MBA degrees are well-known. After understanding the data about each course, it is up to the applicant to decide between MBE vs MBA. one should choose a course based on a variety of variables, including one's skills, interests, future aspirations, and return on investment.
POST YOUR COMMENT