A Master of Business (MBus) or Master of Business Studies (MBS) is an academic degree refers to a qualification in the degree of master that can be obtained by students of recognized universities and colleges who complete the relevant approved postgraduate programmes of study, pass the prescribed examinations, and fulfil all other prescribed conditions.
Generally, MBus is similar to Masters in Business Administration these two degrees do not have significant difference.
Programme Design
The Master of Business is usually designed for:
- Students who want a 'conversion' option to move from a background of little or no business study to a basic knowledge of skills relevant to business and commerce and for students who want to do an equivalent program to Masters in Business Administration.
- Students who have a business degree but who want to re-train in a different area of commerce or wish to develop higher-level skills in their chosen discipline.
- An intermediate step towards a doctor of philosophy (PhD) in business.
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Typical Framework
The course will differ from institution to institution and can be in either taught or researched format but in general, it will encompass some or all of the following modules; Students who wish to focus in a particular area of study may choose a sequence of courses from within the specialisations:
- Accounting & Auditing
- Corporate Responsibility
- Electronic Business
- Finance
- Human Resource Management
- International Business
- Information Systems
- Management & Organisation Studies
- Management Consultancy
- Marketing
- Project Management
- Entrepreneurship and Innovation Management
The orientation of the programme very much depends on the chosen specialisation. Students can eventually choose to specialize in any of the above areas or in areas of particular relevance to them and their future careers. A typical course outline involves both structured coursework and independent research, with a strong emphasis on student initiative.
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