Table of Contents Does the MBA meet a different purpose entirely or does it supplement or replace MPA?............3 References........................................................................................................................................5 2
Does the MBA meet a different purpose entirely or does it supplement or replace MPA? MBA (Master of Business Administration) aids the students so that they can perform with their best possible efforts in the private sector. This stream of learning mainly helps the students to utilize their skills in special parts of the business organizations. According to the study ofFinardi and Rojo (2015),pursuing studies in MBA helps the students to excel in operations management, marketing, finance, accounting and the supply chain management. In this perspective considering the study ofBuenviajeet al.,(2016),t can be seen that MBA course is undertaken by students who aims at gathering more knowledge about the business world on the other hand MPA ( Master of professional Accounting) is selected by the students who wish to serve the public accounting organizations. As opined by the study ofBunney (2017),it has been observed that MPA is more attainable by students who want to gather knowledge about accounting procedures because this study aids them to prepare Certified Public Accountant examination. Thus from this aspect it can be said that MBA did not replace MPA as the fields provides different outcomes.Caglio and Cameran (2017) and Zeff (2016), intheir study has shown that MPA prepare the students to nurture their analytical skills on the financial reporting. As pointed by the study ofKrusset al.,(2015), working in public sector and nonprofit sectors requires more responsible actions than working in private sectors because public sectors always generates situations which are uncertain and thus pursuing course of MPA aids the students to act promptly in emergency situations.Kwong and Thompson (2016), in their study have shown that after MBA courses completion one can choosecareer options like accountant, investment banker, consultant and senior executive, Lupu and Empson ( 2015) and Pincuset al.,(2017),in their study has shown that after pursuing MPA coursestudents can choose career options like budget analyst, revenue agent, auditor and accountant. Thus, it can be observed that career aspects of MPA student are very different from that of students of MBA. Mathew (2019),in his study have displayed that salary structure of the individuals who opted the MPA course is different from that of the individuals who opted the MBA course. Median salary 3
of the individuals if he/she serve the role of accountant in an organization is $68,150 and this salary structure is provided to those who have completed the MBA course (Shafritzet al., 2016 ). On the other side, it can be observed that median salary of the individual after completing MPA course is also $68,150 if he/she works as accountant. Thus from this perspective it can be said that salary structure for same role after completing two different courses is same.MPA graduates if join job have limited options to choose from because this course provides general industry knowledge while MBA graduates if wish to join job has many options to choose from because this course module provides broad perspectives of the business activities (Mousa and Alas, 2016). Thus from the above analysis on MPA and MBA it can be said that both courses are different because one focuses on the accounting filed while the other focuses on the activities outside and inside of the financial industry. The main similarity between both is both involve learning of the financial industry. 4
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