What is an MBA degree? and what is the difference between it and and the Masters degree ?

Question

and does the MBA qualify you to go for a phD?
Please i need a comprhensive clarfication about these points. and thank you for your time

Answer 1

The MBA is a master's degree -- but it is considered a terminal professional degree. In general, it is not a degree that prepares you for a PhD.

A PhD in Business Administration comes in many flavors. A lot of students getting a PhD in Management may get an MBA first -- but often have done graduate work in other fields -- like Psychology, as well.

Most PhD candidates in Finance, on the other hand, have done graduate work in mathematics, physics or economics before entering their program. Of the 24 people in my PhD program in Finance only a couple of us also had an MBA. Both of us had also done graduate work in Economics and Mathematics before applying.

Answer 2

MBA : noun {C} ABBREVIATION FOR Master of Business Administration: an advanced degree in business, or a person who has this. Master of Business Administration. MBA is an advanced university degree in business studies. At many schools, particularly in the United States, a bachelor’s degree is generally required for admission. Master in Business Administration (MBA) is an advanced degree which became popular among managers in commercial organisations.


MBA other definitions: An MBA is an acronym for Masters of Business Administration. Potential MBA students must take the MBA, or Graduate Management Admissions Test.
MBA : (noun) 1: a master's degree in business [syn: Master in Business, Master in Business Administration, MBA]



It should qualify to gain entrance into a doctorate program as it is a Masters degree. Check with your doctorate school and ask them to be sure,