Namibia University of Science and Technology Master of Business Administration

Namibia University of Science and Technology Master of Business Administration

What is Master of Business Administration?

A Master of Business Administration is a graduate degree focusing on business administration and investment management. 

Entry Requirement

In order to be considered for admission to this programme, applicants must: I. Hold a recognised four-year Bachelor degree from a recognised institution, or an equivalent qualification at NQF Level 8, which must include a component of supervised research, or a recognised graduate degree with a research component; II. Have at least two (2) years appropriate business and managerial experience in a government, corporate, entrepreneurial, or equally relevant setting; III. Be employed or self-employed, at the required level, for the duration of the programme; Applicants will be required to write an admission test based on a simplified analytical skills test modelled in line with internationally recognised Admission Tests to Graduate Management Education GMAT® or computer based tests with similar predictive attributes concerning the applicant’s general aptitude. Additionally, proficiency in English language should be demonstrated at the appropriate level through written assessments under controlled conditions, while applicants may also be required to take part in an interview. Alternatively, where appropriate, applicants are eligible to submit recent Graduate Management Admission Test (GMAT) results in lieu of the admission test.

Frequently Asked Questions

What is the meaning of Masters of Business Administration?

A Master of Business Administration (M.B.A. degree) is, by definition, a general Management degree designed to educate business students in areas such as Finances, Human Resources, Marketing, Strategy, and Operations Management.

What is the difference between MBA and Masters in Business Administration?

Generally speaking, the main difference between a Master’s degree in business and an MBA is that the MBA will require considerable full-time work experience from its students, whether it is the traditional full-time two-year MBA, its one-year counterpart or the part-time Executive MBA formats.

What is a MBA good for?

It provides graduates with the skills needed in trading, investments, asset management, or risk management. Other graduate degrees in related fields are also good options for somebody looking to focus on economics, statistics, applied mathematics, or accounting.

What’s better MBA or Masters?

While the MBA is suited to students from any academic or professional background who want greater career flexibility, management roles, or business ownership, Masters programmes are the better option for students who want highly specialised knowledge in a specific area.

Which has more salary MBA or MS?

Average Salaries -If you pursue MBA, then you’ll have higher starting salaries and salary growth than MS graduates do. This may vary according to function and program though, the employer and the demand within a particular function. Mobility and Recognition- Taking up MS might be a niche.

Is an MBA higher than a masters?

So an MBA is just an acronym for a type of master’s degree? Exactly. MBA stands for Master of Business Administration. So the difference between an MBA and master’s degree is that the MBA is just a more specific designation of the degree you’re pursuing.

Is MBA hard to study?

MBA is not difficult for an average student but it may vary. Studying MBA pushes a person out of their comfort zone and adapts themselves with International Business trends, Application of new management tools and techniques and prepares them to survive the rapidly changing business environment.

Which MBA is best for CEO?

Which MBA is best for becoming a CEO? A general MBA from a top business school is a good path to take for aspiring CEOs. However, if you already have a well-rounded business education, earning an MBA in finance or another relevant discipline could also be an effective approach.

Can MBA make you rich?

An MBA may not make you rich, but it can open doors.

Is MBA good for future?

Among the benefits of an MBA degree, job security and high salary are some of the most important. The average income for an MBA graduate is much higher than an employee’s with a regular Master’s. You can expect to earn twice as much as what you would get from a regular university degree.

Is math required for MBA?

All MBA programs, and in business generally require some maths, particularly on quantitative subjects such as Accounting, Economics and Finance. In this mathematics course, you will learn the fundamental business math skills needed to succeed in your MBA study and in the field of business.

Is MBA worth it at 30?

Doing an MBA at 30 or 40 will provide you with an immense learning experience with more post-MBA internship opportunities and work well for candidates who need theoretical business knowledge.

Is MBA higher than bachelor’s?

The BBA is a four-year undergraduate degree, whereas the MBA is an advanced degree that you earn after completing a bachelor’s degree. Additional differences relate to the nature of the education and usefulness of the degrees.