Students interested in pursuing studies after completing their bachelor’s degrees have many options. Two options are available for students who are interested in pursuing professional Master degrees are Master of Business Administration and Master of Public Policy. According to abbreviation finder dictionary, MBA stands for Master of Business Administration while MPP stand for Master of Public Policy. Both programs are typically two-year duration, but the MPP is much more focused on public policy, while the MBA is a broader program that is focused primarily on business, leadership, management and administration.
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Master of Business Administration programs are typically offered by the University’s School of Business. These programs are used in nature, in that they teach students how to apply various economic theories and approaches to solve real world business problems. Most MBA programs require the students to carry out 45 to 60 points of coursework and are available in many different formats. Depending on the University, the student may be able to pursue MBA full time, part time, evening, weekend or through an Executive or accelerated program. MBA graduates pursue managerial career in many different sectors of the economy, including private industry, engineering, financial, banking, real estate and health care.
During their first year MBA students typically take courses that introduces them to the advanced business topics such as accounting, finance, microeconomics, management and marketing. These courses give the students a thorough understanding of the field and is a prerequisite for many second-year electives. During their second year, typical MBA students specialize in a particular area of business and take electives in this area. The types of specializations and electives that are available vary, but most MBA programs allow students to specialize in marketing, finance, management or accounting. In addition to the specialties, some MBA programs have also other specialties such as entrepreneurship, real estate, international business, and healthcare.
Contrast MBA program, broader focus, is Master of Public Policy programs mainly focused to teach students how to analyze and solve different types of public policy problems. In particular, students learn to make quantitative and qualitative analyses, develop programs and public finance plans and implement and evaluate the various policies. MPP programs typically allow students to study both full-time and part-time, as well as in traditional and online formats. Candidates with MPP degrees pursue a career in the management of the program, policy advocacy and policy analysis in a range of private, public and non-profit organizations.
Requirements vary, but many MPP programs require students to complete 36 to 45 points of coursework. A large part of this coursework consists of fundamental courses, giving students the tools to analyze and interpret policy. Examples of common fundamental courses are research methods and data analysis 1 and 2, economy public order 1 and 2 and leadership. In addition to these courses, MPP programs also allow students to pursue elective courses in their fields of interest. Examples of possible electives are legal and moral dimensions of policy making, policy workshop and psychology applied to leadership in public policy.