MBA vs MIS What are the Differences and Which Degree Should I Get?

MBA vs MIS What are the Differences and Which Degree Should I Get?

MBA stands for Master of Business Administration while MIS stands for Masters in Information Systems. MIS also means Management Information Systems. Both MBA and MIS are very demandable business degrees but they have significant differences. MBA is more of a management degree while MIS is a technical degree. An MBA degree mostly focuses on business courses while an MIS degree focuses on both business and information technology courses.

What is MBA?

According to Wikipedia

“A Master of Business Administration (MBA) is a postgraduate degree focused on business administration. The core courses in an MBA program cover various areas of business administration such as accounting, applied statistics, human resources, business communication, business ethics, business law, strategic management, business strategy, finance, managerial economics, management, entrepreneurship, marketing, supply-chain management, and operations management in a manner most relevant to management analysis and strategy.”

This degree was first introduced in the USA in the early 20th century and it is an internationally-recognized postgraduate degree. An individual with an MBA degree will have theoretical and practical knowledge of various business methods. Moreover, he/she will have a clear idea about general business management functions.

What is MBA?

What is MIS?

According to Wikipedia

“A management information system (MIS) is an information system used for decision-making, and for the coordination, control, analysis, and visualization of information in an organization. The study of management information systems involves people, processes, and technology in an organizational context. In a corporate setting, the ultimate goal of the use of a management information system is to increase the value and profits of the business.”

MIS mostly focuses on various information technology methods that will increase the performance of a company. This is a type of advanced business program that mainly focuses on data analysis, data management, project management, forming various business theories, and many more. The demand for MIS degrees is growing fast because businesses around the world are adopting the latest technologies to have sustainable growth.

What is MIS?

The difference in the Career Option between MBA and MIS

Career Option in MBACareer Option in MIS
Business analyst or strategist
Business development analyst, associate, or manager
Market research analyst
Managing Director (of a department)
Investment banker
Entrepreneur/founder
Financial analyst, associate, or manager
Management consultant
Marketing associate, analyst, or manager
Portfolio manager
Healthcare administrator, analyst, or manager
Project analyst or strategist
Product analyst, associate, or manager
Program analyst, associate, or manager
Operations analyst, associate, or manager
IT Consultant
Web Developer
Information Systems Manager
Business Intelligence Analyst
Network Administrator
Business Application Developer
Systems Analyst
Technical Support Specialist
Business Analyst
Systems Developer
Systems Administrator
Database Administrator
Information Security Analyst
Data Scientist
Software Engineer
App Developer

Comparison between MBA and MIS

FactorsMBAMIS
Type of DegreePost GraduatePost Graduate
Eligibility RequirementGraduation in any disciplineGraduation in science background like B.Sc., Diploma, etc.
Qualifying ExamGMATGRE
Main SubjectsAccounting, Finance, Marketing, Banking, Human Resource ManagementDatabase Management, Systems Analysis, Systems Design, Networking, Programming language, etc.
Duration2 years1 – 2 years
Average Cost (Per Year)$45,432$32,451
Work ExperienceDepends on the company (2 – 4 years)Depends on the company (3 – 5 years)
Top International DestinationsUSAUSA

Key Differences between MBA and MIS

MBAMIS
MBA stands for Master of Business AdministrationMIS means Management Information Systems
MBA refers to a business degreeMIS refers to a system as well as a business IT degree
MBA is a much older degree compared to MISMIS is relatively a new degree
The core subjects of the MBA are business related like accounting, Finance, etc.The core subjects of MIS are Information Technology related like database management, IT management, server security, etc.
An MBA degree offers more job opportunitiesThe job sector of MIS is not as extensive as the MBA
An MBA degree requires more time to completeAn MIS degree requires less time to complete
The average starting maiden salary of an MBA degree holder is $115,000The average starting maiden salary of an MIS degree holder is between $55,000 and $75,000,

Comparison of State wise Salary between MBA and MIS Degree Holders

Name of the StateMBA DegreeMIS Degree
Annual SalaryMonthly PayWeekly PayHourly WageAnnual SalaryMonthly PayWeekly PayHourly Wage
Washington
New York
California
Idaho
New Hampshire
Vermont
Massachusetts
Maine
New Jersey
Hawaii
Nevada
Arizona
Wyoming
Tennessee
Connecticut
Montana
Rhode Island
Alaska
Texas
Minnesota
Indiana
Oregon
West Virginia
North Dakota
Maryland
Pennsylvania
Virginia
Wisconsin
Ohio
Nebraska
South Dakota
Iowa
Delaware
Utah
Colorado
South Carolina
Alabama
New Mexico
Arkansas
Kansas
Oklahoma
Florida
Michigan
Mississippi
Kentucky
Illinois
Missouri
Georgia
Louisiana
North Carolina
$93,943
$88,138
$84,819
$84,348
$83,317
$81,300
$79,786
$79,041
$78,689
$78,272
$77,686
$77,180
$76,941
$76,565
$76,080
$75,585
$75,414
$75,171
$75,036
$74,933
$74,830
$74,293
$74,070
$73,579
$73,074
$72,709
$71,854
$71,095
$70,696
$70,152
$69,959
$69,684
$69,532
$69,511
$69,179
$68,366
$68,309
$67,813
$67,242
$67,018
$66,251
$66,205
$65,383
$65,327
$65,094
$63,494
$63,165
$61,728
$59,992
$57,626
$7,828
$7,344
$7,068
$7,029
$6,943
$6,775
$6,648
$6,586
$6,557
$6,522
$6,473
$6,431
$6,411
$6,380
$6,340
$6,298
$6,284
$6,264
$6,253
$6,244
$6,235
$6,191
$6,172
$6,131
$6,089
$6,059
$5,987
$5,924
$5,891
$5,846
$5,829
$5,807
$5,794
$5,792
$5,764
$5,697
$5,692
$5,651
$5,603
$5,584
$5,520
$5,517
$5,448
$5,443
$5,424
$5,291
$5,263
$5,144
$4,999
$4,802
$1,806
$1,694
$1,631
$1,622
$1,602
$1,563
$1,534
$1,520
$1,513
$1,505
$1,493
$1,484
$1,479
$1,472
$1,463
$1,453
$1,450
$1,445
$1,443
$1,441
$1,439
$1,428
$1,424
$1,414
$1,405
$1,398
$1,381
$1,367
$1,359
$1,349
$1,345
$1,340
$1,337
$1,336
$1,330
$1,314
$1,313
$1,304
$1,293
$1,288
$1,274
$1,273
$1,257
$1,256
$1,251
$1,221
$1,214
$1,187
$1,153
$1,108
$45.16
$42.37
$40.78
$40.55
$40.06
$39.09
$38.36
$38.00
$37.83
$37.63
$37.35
$37.11
$36.99
$36.81
$36.58
$36.34
$36.26
$36.14
$36.08
$36.03
$35.98
$35.72
$35.61
$35.37
$35.13
$34.96
$34.55
$34.18
$33.99
$33.73
$33.63
$33.50
$33.43
$33.42
$33.26
$32.87
$32.84
$32.60
$32.33
$32.22
$31.85
$31.83
$31.43
$31.41
$31.30
$30.53
$30.37
$29.68
$28.84
$27.70
$105,256
$102,890
$99,668
$97,157
$96,983
$96,502
$96,400
$95,000
$94,808
$94,615
$108,119
$103,732
$98,822
$89,753
$88,405
$93,742
$93,725
$88,023
$92,733
$88,696
$87,482
$86,803
$85,378
$83,386
$80,675
$80,007
$79,745
$77,858
$83,873
$83,737
$83,293
$82,273
$80,993
$80,096
$79,291
$78,247
$75,929
$72,710
$75,433
$74,468
$74,361
$74,056
$73,635
$82,720
$79,906
$79,517
$77,426
$75,479
$79,452
$73,751
$8,771
$8,574
$8,305
$8,096
$8,081
$8,041
$8,033
$7,916
$7,900
$7,884
$9,009
$8,644
$8,235
$7,479
$7,367
$7,811
$7,810
$7,335
$7,727
$7,391
$7,290
$7,233
$7,114
$6,948
$6,722
$6,667
$6,645
$6,488
$6,989
$6,978
$6,941
$6,856
$6,749
$6,674
$6,607
$6,520
$6,327
$6,059
$6,286
$6,205
$6,196
$6,171
$6,136
$6,893
$6,658
$6,626
$6,452
$6,289
$6,621
$6,145
$2,024
$1,978
$1,916
$1,868
$1,865
$1,855
$1,853
$1,826
$1,823
$1,819
$2,079
$1,994
$1,900
$1,726
$1,700
$1,802
$1,802
$1,692
$1,783
$1,705
$1,682
$1,669
$1,641
$1,603
$1,551
$1,538
$1,533
$1,497
$1,612
$1,610
$1,601
$1,582
$1,557
$1,540
$1,524
$1,504
$1,460
$1,398
$1,450
$1,432
$1,430
$1,424
$1,416
$1,590
$1,536
$1,529
$1,488
$1,451
$1,527
$1,418
$50.60
$49.47
$47.92
$46.71
$46.63
$46.40
$46.35
$45.67
$45.58
$45.49
$51.98
$49.87
$47.51
$43.15
$42.50
$45.07
$45.06
$42.32
$45.00
$43.00
$42.00
$42.00
$41.00
$40.00
$39.00
$38.47
$38.34
$37.43
$40.00
$40.26
$40.05
$39.23
$39.54
$38.06
$37.62
$36.50
$34.96
$32.96
$36.27
$35.80
$35.75
$35.60
$35.40
$39.77
$38.42
$38.23
$37.22
$36.29
$38.87
$35.46

Which Degree is Better: MBA or MIS

Which degree is better or which degree you should pursue depends on quite a few things like your educational background, career goals, current job position, etc. Having an MBA degree will provide you a solid foundation in business and management concepts. So, if you are working in the administration department of a company then an MBA degree will boost your career. On the other hand, if you are from a science or IT background and want to build a career in the business industry then an MIS degree will be a better option. You should keep in mind that both MBA and MIS has huge demand in the job sector and both degrees offers excellent salary range. So, you should choose any one of these two degrees according to your requirements.

10 Highest Paying Jobs for MBA Graduates

Name of the PositionAverage Salary
Chief Executive Officer
Vice President, Operations
General Manager
Firm Associate
Financial Director
Financial Controller
Senior Product Manager
Senior Project Manager
Management Consultant
Investment Banker
$157,000
$135,000
$138,000
$147,000
$123,000
$100,000
$140,000
$125,000
$130,000
$125,000

10 Highest Paying Jobs for MIS Graduates

Name of the PositionAverage Salary
Information technology (IT) director
Vice president of IT
Senior project manager, IT
IT analyst
IT technician
Information systems manager
Business intelligence analyst
Network engineer
Application developer
Data manager
$147,000
177,000
$130,000
$76,000
$75,000
$92,000
$90,000
$88,000
$85,000
$82,000

References:

https://yocket.com/blog/mis-vs-mba

https://www.lebow.drexel.edu/news/mba-vs-ms-which-degree-right-me

https://www.ziprecruiter.com/Salaries/What-Is-the-Average-MBA-Salary-by-State

Last Updated on December 25, 2023 by Magalie D.

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