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Why MBA - Master of Business Administration
And not MBM - Master of Business Management?
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There is not much difference based on course curriculum offered for these degrees by different Universities/Institutes. However, MBA is a more generic and branded name and it is widely known to Business Organizations and Public Organizations
If you're considering a business degree, start by looking at the difference between business administration and business management.You've likely noticed that some colleges offer a Bachelor of Business Administration (BBA) while others offer a Bachelor of Science (BS) in Business Management, sometimes called a Bachelor of Business Management. Is there a difference? How do you know which one is right for you?
There is a difference between administration and general management, but it's fairly subtle. A degree in management focuses more on planning and organizing, whereas a degree in business administration provides a broad background and then allows the student to focus on a specialized area of business.
Business Administration and Business Management: Course Requirements
Both business management and administration degrees typically include the same core subjects, including marketing, accounting, economics and finance. These subjects give students a background in how businesses work, from how products are sourced and manufactured to how they are marketed and sold and finally, to how the money is managed and used to grow the business.
A student of business management will generally then go on to take additional courses in related areas, with subjects that may include communications, logistics, decision-making, information systems and human resources. These courses can prepare a business management student for a job supervising or managing other people.
