MIS is an acronym for Management Information System and MBA stands for Masters of Business Administration. Both are among the most popular master’s degree programs. MIS and MBA both have different curricula including various disciplines to study. MIS vs MBA is a tough choice to pursue but, both are in-demand courses with multiple opportunities for growth. These courses have certainly made their mark in multiple sectors expanding the areas of learning.
This Blog Includes:
Reasons to Study the Courses
The reasons why you should pursue either of the courses are given below:
MIS
The following are the top reasons to study MIS:
- Management Information Systems or MIS is a popular course among students due to its applications in various sectors
- MIS is a 2-year long program that equips students with skills like visualization, coordination, decision making and information processing
- The course provides many job opportunities for students
- You will learn how businesses process and use the information to improve the company’s operations
- You will have a better understanding of a company’s management, technical and analytical functions
MBA
The following are the reasons to study MBA:
- Master’s of Business Administration is a widely recognized degree program that focuses on improving general management skills and provides an understanding of various aspects of business
- MBA is a two-year long degree program that trains students in both general management and the specialization of their choice
- Many top companies in the market prefer to hire MBA graduates
- An MBA can help you learn business leadership skills as well as build a professional network
- MBA graduates have some of the most well-paying careers with job security.
Must Read: MBA: A Detailed Guide
MIS vs MBA: Specializations Available
The following are the specialisations available for MIS and MBA respectively:
MIS
The following are popular specializations in MIS:
- Business Analysis
- Database Administration
- IT Consultancy
- System Development
- Network Administration
- Database Analysis
MBA
The following are the popular MBA specializations:
- Finance
- Marketing
- Human Resources
- Entrepreneurship
- Data Analytics
MIS vs MBA: Top Universities
The top universities to pursue either of the courses are given below:
MIS
The following are the top universities to study MIS:
Universities | QS World Ranking 2023 |
Massachusetts Institute of Technology | 1 |
Stanford University | 3 |
Carnegie Mellon University | 52 |
University of California Berkeley | 27 |
Harvard University | 5 |
Princeton University | 16 |
Cornell University | 20 |
University of Washington | 80 |
University of California Los Angeles | 44 |
New York University | 39 |
MBA
The following are the top universities to study MBA:
Universities | QS World Ranking 2023 |
Stanford Graduate School of Business | 1 |
Harvard Business School | 2 |
Wharton, University of Pennsylvania | 3 |
HEC Paris | 4 |
London Business School | 5 |
MIT Sloan | 6 |
IE Business School | 7 |
Columbia Business School | 8 |
INSEAD | 9 |
IESE Business School | 10 |
Must Read: Best MBA Colleges in World
MIS vs MBA: Eligibility Criteria
A candidate must meet the following eligibility criteria to pursue either MIS or MBA degree program:
MIS vs MBA
MIS | MBA |
An applicant must have completed their bachelor’s in engineering or information technology or any other related field. | An applicant must have completed their bachelor’s in any discipline for MBA |
Candidate must qualify for the GRE exam | Candidate must qualify for GMAT |
The candidate must have a work experience of a minimum of 5 years for graduates and 2 years for postgraduates | The candidate must have a work experience of 2 – 4 years |
Application Process
The application process takes place over a period of time and begins months before the commencement of classes. The universities have two main intakes known as the fall intake and winter intake for international students to kickstart their journey. You can call our Leverage Edu experts on 1800 572 000 to find out how the application process can be fast-tracked and streamlined!
Here’s an easy 5-step process to complete your application process to pursue BSc in the UK
- Call our experts on 1800 572 000 to shortlist your favourite universities and courses. Start your application to multiple universities through our one-dashboard platform
- Compile all your documents like SOPs, essays, certificates, and LORs and exam scores like IELTS, TOEFL, GRE, GMAT, etc
- Meet all the application deadlines and start the application process for accommodation, students visa, and scholarships/student loans
- Accept the offer letter and meet your teachers, college mates, and roommates virtually
- Get your visa approved and fly to your dream university.
Scholarships for the Courses
Students can choose to apply for these scholarships to manage their tuition fees better:
MIS
Scholarships | Grant | In INR |
Orange Knowledge Programme Netherlands | Covers expenses by offering a stipend | – |
Fulbright Foreign Student Scholarship Program USA | Covers tuition fees | – |
ANU Chancellor’s International Scholarship | $25,000 | 20.57 Lakh |
MBA
Scholarships | Grant | In INR |
Oxford Pershing Square Scholarship | $16504 | 13.58 Lakh |
Global Study Awards | $10573 | 8.70 Lakh |
University of North Carolina Kenan Flagler MBA | $5000 | 4.11 Lakh |
MIS vs MBA: Job Profiles and Salary
The Job profiles and Salary after completing both of these courses are listed below:
MIS
Job Profile | Avg. Salary in USD | In INR |
Information System Manager | $92,994 | 75.99 Lakh |
Systems Administrator | $77,793 | 63.56 Lakh |
Networking Specialist | $74,061 | 60.52 Lakh |
Software Developer | $110,140 | 90.00 Lakh |
Web Developer | $79,740 | 65.16 Lakh |
MBA
Job Profile | Avg. Salary in USD | In INR |
Investment Banker | $113,309 | 92.59 Lakh |
Financial Advisor | $89,330 | 72.99 Lakh |
Project Manager | $77,354 | 63.21 Lakh |
Operations Manager | $67,393 | 55.07 Lakh |
Human Resource Manager | $112,793 | 92.17 Lakh |
Must Read: Career Objective for MBA Graduates
MIS vs MBA: Which is Better?
MBA | MIS | |
Level of Degree | Post Graduate | Post Graduate |
Eligibility | Graduation in any discipline. | Graduate in Science with BE or B Tech in Information Technology |
Work Experience | 2 – 4 years of work experience | Yes. Usually up to 5 years of minimum experience if you are a graduate; 2 years if you already hold a post-graduate degree. |
Qualifying Examinations | GMAT | GRE |
Specialization | FinanceHuman ResourcesMarketing | Business Analysis IT Consultancy Database Analysis |
Job Prospects | Depending on your choice of specialization/ major, you can opt for any industry | You would be in high demand in almost all sectors as well |
Top Abroad Destinations | USA | USA |
Fee Structure of First Year for Top Colleges in the USA | Upwards of Rs. 35 Lakhs | Upwards of Rs. 25 lakhs |
Average Salary | $841k per year | $92k per year |
While both offer prestigious middle- to upper-level management positions, the type of management required distinguishes the two courses. While an MBA aims to provide a more comprehensive management picture, MIS provides a more technical perspective. A better master’s programme cannot be defined. It all depends on your level of interest and strength. Both courses provide a diverse range of opportunities and are in high demand. The answer is simple…you would excel in a job that you enjoy. So think about what would provide you with the most job satisfaction and then make a decision.
FAQs
Stanford Graduate School of Business, Harvard Business School, Wharton, University of Pennsylvania, etc. are the top business schools to pursue MBA.
The following are the popular MIS specializations:
Business Analysis
Database Administration
IT Consultancy
System Development
The following are the eligibility criteria to pursue MBA:
An applicant must have completed their bachelor’s in any discipline
Candidate must qualify for GMAT
The candidate must have a work experience of 2 – 4 years
Well, we hope that we have provided you with the relevant information on MIS vs MBA. And if you are planning to pursue an MIS, MBA or any other course abroad, feel free to contact Leverage Edu or call us at 1800-572-000, and book your free counselling session today!