Answers (2)
Aditi Yadav 4th Aug, 2021
Hey there!

If you want to continue and explore in business field ,then MBA is a good option.

If you want to do research and want more knowledge related to economics,then MA in economics is a great option.

MBA has better career options and scope in comparison to MA in economics.


For more details, refer to these links-

https://www.careers360.com/courses/economics-course

https://www.careers360.com/courses/mba-master-of-business-administration/amp#referrer=https://www.google.com&csi=0

I hope this answer helps you.

Feel free to ask if you have any more queries.

All the best!
Sree Student Expert 4th Aug, 2021

Hello Rohit,

Both the courses are good. But Master of Business Administration (MBA) has more scope and have more job opportunities than Master of Arts (MA) because every Company and every Institute require a Human Resource Manager or a Finance Manager and MBA graduates are given more importance in these kind of jobs.

You can also go for Government jobs by appearing in exams like UPSC CSE, SSC CGL, Government Bank exams, RRB JE, etc. Minimum qualification needed is any graduation in any stream from a recognized College or University.

MBA graduates have scope in areas like Management, Banking, Finance, Self Business, Consulting, etc.

Best jobs for MBA graduates are given below.

  • Human Resources Manager
  • Business Development Executive
  • Relationship Manager
  • Project Manager
  • Operations HR
  • Team Leader

Average salary offered is Rs. 4.5 Lakhs per annum to Rs. 6 Lakhs per annum. Top Recruiters are IBM, Infosys, Google, Capgemini, Microsoft, Accenture etc.

Best entrance exams for MBA admission are CAT, GMAT, XAT etc.

For more information about MBA, scope, admission, Colleges, career opportunities etc go through below link.

https://www.careers360.com/courses/mba-master-of-business-administration

Best MBA Colleges in India are mentioned below.

  • Indian Institute of Management, Ahmedabad
  • Vellore Institute of Technology, Vellore
  • Indian Institute of Technology, Bombay
  • Chandigarh University, Chandigarh
  • Indian Institute of Management, Indore
  • Banaras Hindu University, Varanasi
  • Indian Institute of Management, Kozhikode
  • SRM University, Chennai
  • Indian Institute of Management Bangalore

Refer below link for more information about Top MBA Colleges in India.

https://bschool.careers360.com/colleges/ranking

For MA graduates jobs offered are listed below.

  • Education Consultant
  • Lecturer
  • Private Tutor
  • Education Counsellor
  • Program Manager
  • Social Service
  • Manager

Average salary offered is Rs. 3 Lakhs per annum to Rs. 5 Lakhs per annum.

To get more information about MA courses, career, subjects, Colleges, career opportunities etc go through below given link.

https://www.careers360.com/courses/m-a-master-of-arts

Hope this was helpful.

All The Best!!


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