WHAT IS A MBA DOUBLE DEGREE AND WHO IS IT SUITABLE FOR?
If you have the same interest in two different fields of study, a dual degree may be suitable for you. Although a dual degree is often confused with a master's degree, they are two very different things.
There are many advantages to studying with a dual degree, but there are also things to consider, such as the initial costs and the time required.
WHAT IS A DUAL DEGREE?
A dual degree can be obtained by completing two MBA programs at university level, either consecutively or simultaneously. On completion of both programs you will be awarded two separate degrees. There are several combinations of dual degrees that a student can complete, such as two bachelor's degrees or a bachelor's and a master's degree.
Dual degree students often study an additional few years at university. On average it can take five or six years to complete a double degree. In addition to the increased study time, more credits are also required.
Although there are some points to consider, such as the cost and time required to complete the degree, there are many professional advantages to dual degree graduates.
What distinguishes a dual degree from a double degree?
Are a double degree and a double diploma the same thing? Despite some similarities, it is important not to confuse the two.
A double degree usually has a broader profile and can be completed in four years. However, the amount of work is usually less than for a double degree, since several courses belong to both degrees. On the other hand, a double degree requires disciplines from two different programs, which implies a higher workload and more time.
If you are pursuing a double degree:
No additional courses are usually required.
Full-time students usually complete a double degree in four years.
Cheaper than a double degree.
If you are getting a double degree:
You get two degrees: one for each program of study.
A large number of courses must be completed.
Getting a degree takes longer, usually five to six years.
This opens the door to a wide variety of careers.
A comparison of earning potential
Is it worth getting a dual master's degree? A double master's or bachelor's degree is worthwhile. A higher salary is not guaranteed with a dual degree, but the skills acquired through the degree are attractive to employers and may provide more employment and career opportunities.
ADVANTAGES AND DISADVANTAGES OF A DUAL DEGREE
When considering a dual MBA and management program, it is important to assess the pros and cons. Is the dual degree useful for your future career and development? Will you be able to cope with the workload and costs of the degree alongside other personal commitments?
Consider these pros and cons when making your decision.
You'll have a wide range of skills that will increase your career flexibility, including analytical skills, which are valuable in many areas.
You'll have more opportunities for career development and advancement in your career.
In the long term, you save money, especially in the case of dual MBA programs.
Both degrees can be used independently of one another, or together within the same career.
Taking two degrees in succession, rather than one at a time, saves time and money.
Great networking opportunities thanks to the programs, students and staff at each university.
The degree requires full-time employment for five years.
Although it saves money in the long run, high tuition fees and other costs associated with studying are required.
Dual degrees do not always lead to higher salaries.
The academic workload increases when you pursue two degrees at the same time.
Admission to dual degree programs is competitive, so high test scores, academic standing and an impressive CV may be required.