6 answers
Busani
Student
3
Questions
Asked
815 views
Greetings friends. My name is Busani. I'm intending to do a Master's degree in order to further up my knowledge. But I'm stuck between three options: 1) M.Bs Administration 2) M.Sc in Project Management 3) M.Sc in Marketing. I studied B.Sc in Tourism & Hospitality Management as my 1st degree. Which one amongst these 3 would you recommend most?
Inquiring for advices regarding which Master's program to choose.
6 answers
Dimitar Radichev
Working as a Senior Pricing Professional for IBM EMEA Region, helping the deal teams to be shaping the key opportunities within our Consulting business from a financial and commercial perspective.
6
Answers
Sofia, Bulgaria
Updated
Dimitar’s Answer
Hi Busani,
I would firstly start with asking if you have any professional experience to date? I personally did my master immediately after the bachelor degree and it would not be the best case I would say. Thanks that I studies a wide Economic discipline, which allowed me to be flexible and prepared with a strong basics when entered in the professional world.
I would firstly try to find a job with the bachelor, eventually change some of the jobs until I find something which I am passionate about and then doing a Master degree in that area/discipline which is going to help you even further to enhance your knowledge.
In any event, do not forget that the learning process is a never ending story, therefore perhaps also the Master would not be sufficient enough, and qualifying even further would be needed.
In any event, doing a MBA is something which would be bringing you a prestigious and networking, if done at a prestigious university. Otherwise it could turn as a waste of investment.
Hope the above helps and if any further questions please reach out.
Thanks,
Dimitar
I would firstly start with asking if you have any professional experience to date? I personally did my master immediately after the bachelor degree and it would not be the best case I would say. Thanks that I studies a wide Economic discipline, which allowed me to be flexible and prepared with a strong basics when entered in the professional world.
I would firstly try to find a job with the bachelor, eventually change some of the jobs until I find something which I am passionate about and then doing a Master degree in that area/discipline which is going to help you even further to enhance your knowledge.
In any event, do not forget that the learning process is a never ending story, therefore perhaps also the Master would not be sufficient enough, and qualifying even further would be needed.
In any event, doing a MBA is something which would be bringing you a prestigious and networking, if done at a prestigious university. Otherwise it could turn as a waste of investment.
Hope the above helps and if any further questions please reach out.
Thanks,
Dimitar
I appreciate your support, Dimitar
Busani
Tony Pinto
IT Specialist
11
Answers
Boston, Massachusetts
Updated
Tony’s Answer
Hello Busani,
Based on your question, I'm presuming that you're currently engaged in a specific industry. Given this, I'd highly recommend considering an M.Sc in Project Management. This choice is motivated by the belief that you already possess strong administrative and hospitality management skills. By pursuing Project Management, you'll have the opportunity to refine these skills even more, specifically in terms of time management and resource allocation.
On the other hand, an MBA (Masters in Business Administration) could also be a fantastic choice. This degree would further enhance your administrative and hospitality skills, preparing you to successfully manage a business.
Lastly, if your interest lies in honing your sales and business development skills, then an MS in Marketing might be the right path for you. This degree would help you elevate your marketing skills to a whole new level.
Remember, each degree offers its own unique benefits, so choose the one that aligns best with your career goals and interests. Good luck!
Based on your question, I'm presuming that you're currently engaged in a specific industry. Given this, I'd highly recommend considering an M.Sc in Project Management. This choice is motivated by the belief that you already possess strong administrative and hospitality management skills. By pursuing Project Management, you'll have the opportunity to refine these skills even more, specifically in terms of time management and resource allocation.
On the other hand, an MBA (Masters in Business Administration) could also be a fantastic choice. This degree would further enhance your administrative and hospitality skills, preparing you to successfully manage a business.
Lastly, if your interest lies in honing your sales and business development skills, then an MS in Marketing might be the right path for you. This degree would help you elevate your marketing skills to a whole new level.
Remember, each degree offers its own unique benefits, so choose the one that aligns best with your career goals and interests. Good luck!
Thank you, Tony for the advice.
Busani
Hotel management is related to tourism and marketing. You can complement hotel management and tourism by studying marketing, so that both aspects can be complementary and you will get the best result.
Abdulrauf Mohsenyar
Nieves Alva Suárez
4
Answers
Updated
Nieves’s Answer
Hello Busani,
I hold a BA and an MBA, and have also carved out a successful career in project management. Each of these three master's degrees can be immensely valuable, but the crucial question you need to answer is: what are your career aspirations? Where do you envision yourself building a successful career? What are your passions?
An MBA can provide you with a comprehensive understanding of how a business operates, covering everything from finance and supply chain management to HR and marketing. It offers a holistic view of a business, which can be instrumental in your career, particularly if you're contemplating entrepreneurship or a leadership position. However, it's worth noting that an MBA tends to be more beneficial when you've already gained some professional experience. This experience allows you to draw connections and extract maximum value from the lessons, networking opportunities, and insights from professors.
On the other hand, a master's in Project Management can be incredibly beneficial if you're interested in project-based work. It equips you with the knowledge of frameworks like PMI and Agile, providing you with a specialized skill set applicable across various industries, as long as your role involves designing and managing projects. While it may not offer a macro-level understanding of how a business operates (which an MBA does), it primarily focuses on the elements of designing, executing a project, and achieving milestones.
A Master's Degree in Marketing is tailored specifically to marketing and can pave the way for a career in this field.
Ultimately, the choice is yours. What are your career goals? Where do you see yourself in the future? Once you answer these questions, you'll be better equipped to choose the path that aligns with your aspirations.
I hold a BA and an MBA, and have also carved out a successful career in project management. Each of these three master's degrees can be immensely valuable, but the crucial question you need to answer is: what are your career aspirations? Where do you envision yourself building a successful career? What are your passions?
An MBA can provide you with a comprehensive understanding of how a business operates, covering everything from finance and supply chain management to HR and marketing. It offers a holistic view of a business, which can be instrumental in your career, particularly if you're contemplating entrepreneurship or a leadership position. However, it's worth noting that an MBA tends to be more beneficial when you've already gained some professional experience. This experience allows you to draw connections and extract maximum value from the lessons, networking opportunities, and insights from professors.
On the other hand, a master's in Project Management can be incredibly beneficial if you're interested in project-based work. It equips you with the knowledge of frameworks like PMI and Agile, providing you with a specialized skill set applicable across various industries, as long as your role involves designing and managing projects. While it may not offer a macro-level understanding of how a business operates (which an MBA does), it primarily focuses on the elements of designing, executing a project, and achieving milestones.
A Master's Degree in Marketing is tailored specifically to marketing and can pave the way for a career in this field.
Ultimately, the choice is yours. What are your career goals? Where do you see yourself in the future? Once you answer these questions, you'll be better equipped to choose the path that aligns with your aspirations.
Thank you, this is amazing! I really needed it.
Busani
David De Louya
Management Consulting, Sales & Program Management
5
Answers
New York, New York
Updated
David’s Answer
Busani'
The three degree options you mentioned are indeed highly valuable. However, if your career aspirations lie in the tourism and hospitality sector, I would recommend pursuing an MBA from a reputable university. For instance, Cornell University offers a globally recognized program in Hospitality Management. This course provides a robust curriculum in finance, accounting, and management - all crucial knowledge areas in the hospitality industry.
The MS in Marketing could also be beneficial, particularly if you're aiming for a marketing role.
Regarding the MS in Project Management, while there are excellent project management certifications available, such as the PMP, that provide comprehensive knowledge of project life cycles and PMO best practices, I believe that an MBA or MS in Marketing may hold more weight with potential employers. A master's degree in project management may not be as highly valued in comparison.
The three degree options you mentioned are indeed highly valuable. However, if your career aspirations lie in the tourism and hospitality sector, I would recommend pursuing an MBA from a reputable university. For instance, Cornell University offers a globally recognized program in Hospitality Management. This course provides a robust curriculum in finance, accounting, and management - all crucial knowledge areas in the hospitality industry.
The MS in Marketing could also be beneficial, particularly if you're aiming for a marketing role.
Regarding the MS in Project Management, while there are excellent project management certifications available, such as the PMP, that provide comprehensive knowledge of project life cycles and PMO best practices, I believe that an MBA or MS in Marketing may hold more weight with potential employers. A master's degree in project management may not be as highly valued in comparison.
Thank you so much David. Can't wait to put this advice into action!
Busani
Dana Wyeno
Financial Planning & Analysis
2
Answers
Parker, Colorado
Updated
Dana’s Answer
I would recommend pursuing an MBA. This degree offers greater flexibility and the capacity to transition across various industries. This is a significant benefit, especially considering how rapidly circumstances can alter, such as the COVID pandemic or economic fluctuations.
I would also like to echo Dimitar's viewpoint: gaining practical experience is crucial. It can provide you with valuable insights about your career path and offer opportunities to connect with industry professionals, which could further enhance your understanding.
I would also like to echo Dimitar's viewpoint: gaining practical experience is crucial. It can provide you with valuable insights about your career path and offer opportunities to connect with industry professionals, which could further enhance your understanding.
Patrick Meyer
Executive - Data Analytics and AI
566
Answers
Naperville, Illinois
Updated
Patrick’s Answer
Hi Busani! It's fantastic to know you're thinking about boosting your knowledge with a Master's degree. Picking the right program can have a big effect on where your career goes and how you grow as a person. With your experience in Tourism & Hospitality Management, each of the three options you're looking at—M.Bs Administration, M.Sc in Project Management, and M.Sc in Marketing—can open up different doors for you.
1. M.Bs Administration: Going for a Master's in Business Administration (M.Bs Administration) can give you a wide and deep understanding of different business areas, like management, finance, accounting, operations, and strategy. This program is flexible and can be shaped around your interests and career plans. With your Tourism & Hospitality Management background, an M.Bs Administration can give you the skills and knowledge to go for leadership roles in the tourism industry, hospitality sector, or similar areas. You'll learn a lot about business strategy, managing organizations, financial analysis, and making decisions, which are all important for pushing innovation, growth, and sustainability in the fast-paced and competitive hospitality industry.
2. M.Sc in Project Management: If you like the idea of managing complex projects and guiding teams to success, going for a Master of Science in Project Management (M.Sc in Project Management) could be a good fit. This program helps you become an expert in project planning, execution, monitoring, and evaluation, as well as leadership, communication, risk management, and stakeholder engagement. With your Tourism & Hospitality Management background, an M.Sc in Project Management can get you ready for project management roles in the tourism sector, event planning, hotel development, or destination management organizations. You'll learn how to manage resources effectively, reduce risks, and deliver projects on time and within budget, which can boost your chances of getting hired and moving up in the hospitality industry.
3. M.Sc in Marketing: If you're interested in the strategic side of brand management, consumer behavior, market research, and digital marketing, going for a Master of Science in Marketing (M.Sc in Marketing) could be a great option. This program helps you develop advanced skills in market analysis, creating marketing strategies, product development, branding, and integrated marketing communications. With your Tourism & Hospitality Management background, an M.Sc in Marketing can set you up for marketing roles in the hospitality industry, tourism agencies, destination marketing organizations, or similar sectors. You'll learn how to spot market trends, target customer segments, and create engaging marketing campaigns that increase customer engagement, loyalty, and revenue growth in the competitive tourism and hospitality market.
In the end, the best choice for you will depend on your career goals, interests, and dreams. Think about doing more research into each program, including what you'll learn, the expertise of the faculty, what past students have achieved, and connections with the industry. Also, try getting in touch with current students, past students, or program advisors to get their views and insights on their experiences and the potential benefits of each program. By carefully considering your options and matching them with your personal and professional goals, you can make a decision that pushes you towards success in the field you choose.
1. M.Bs Administration: Going for a Master's in Business Administration (M.Bs Administration) can give you a wide and deep understanding of different business areas, like management, finance, accounting, operations, and strategy. This program is flexible and can be shaped around your interests and career plans. With your Tourism & Hospitality Management background, an M.Bs Administration can give you the skills and knowledge to go for leadership roles in the tourism industry, hospitality sector, or similar areas. You'll learn a lot about business strategy, managing organizations, financial analysis, and making decisions, which are all important for pushing innovation, growth, and sustainability in the fast-paced and competitive hospitality industry.
2. M.Sc in Project Management: If you like the idea of managing complex projects and guiding teams to success, going for a Master of Science in Project Management (M.Sc in Project Management) could be a good fit. This program helps you become an expert in project planning, execution, monitoring, and evaluation, as well as leadership, communication, risk management, and stakeholder engagement. With your Tourism & Hospitality Management background, an M.Sc in Project Management can get you ready for project management roles in the tourism sector, event planning, hotel development, or destination management organizations. You'll learn how to manage resources effectively, reduce risks, and deliver projects on time and within budget, which can boost your chances of getting hired and moving up in the hospitality industry.
3. M.Sc in Marketing: If you're interested in the strategic side of brand management, consumer behavior, market research, and digital marketing, going for a Master of Science in Marketing (M.Sc in Marketing) could be a great option. This program helps you develop advanced skills in market analysis, creating marketing strategies, product development, branding, and integrated marketing communications. With your Tourism & Hospitality Management background, an M.Sc in Marketing can set you up for marketing roles in the hospitality industry, tourism agencies, destination marketing organizations, or similar sectors. You'll learn how to spot market trends, target customer segments, and create engaging marketing campaigns that increase customer engagement, loyalty, and revenue growth in the competitive tourism and hospitality market.
In the end, the best choice for you will depend on your career goals, interests, and dreams. Think about doing more research into each program, including what you'll learn, the expertise of the faculty, what past students have achieved, and connections with the industry. Also, try getting in touch with current students, past students, or program advisors to get their views and insights on their experiences and the potential benefits of each program. By carefully considering your options and matching them with your personal and professional goals, you can make a decision that pushes you towards success in the field you choose.
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