Online MBA-MPA Dual Degree

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Choosing a degree that can encourage career success can be an experience that requires forethought and research. If you know that you want to play a role in higher leadership, you have several different options when making your decision. Dual degree programs can provide students with a highlighted curriculum that includes concepts from different specializations. The MBA-MPA dual program in particular allows students to gain further knowledge in the fields of business leadership as well as public service.

Some students choose either the MBA or MPA when seeking careers in leadership in the field of business. However, there are some people that determine that they could benefit more from covering more ground in both direct areas of business, as well as those in non-profit and government areas. While both degree programs cover important topics such as Management and Finance, the MPA can provide more information about the different techniques, regulations, and laws that are found within the public service area of business.

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From a constructive point of view, students may have more career potential when obtaining degrees that have multiple specializations. If you are the type of person that wishes to have skills in both business practice and public service, the MBA-MPA dual degree program may be the best option for you. Our team of educational experts has put together this guide to help you learn more about whether or not this path is right for you and what this degree can provide after graduation.

How Long Does A Dual MBA-MPA Program Take To Complete?

Since the dual MBA-MPA program requires more time and awards 2 degrees, students may notice a slightly increased cost for tuition throughout the length of the program. Some schools may have higher tuition rates than others, so it is important for students to make their decision based on quality of education, length of time, and overall cost of the program.

A lot of schools charge students a flat tuition rate per semester. Since this program requires an additional year of student, students can expect to pay more during the dual degree program that in standard master’s programs.

After reviewing some available degree programs, our team has concluded that most require students to take part in around 3 years of master’s level education in order to complete this dual program. Since joint programs include courses from both degree programs, students are expected to engage in more classes than they would in standard one-track programs.

Universities shorten the length of both programs by combining the curriculum for both and allowing credit for similar courses found between the 2. Even though this reduces the amount of time students take to complete both degrees, it still ends up being a longer time period that other standard master’s programs.

What Do Dual MBA-MPA Graduates Do?

The dual MBA-MPA degree program can provide skills that are relevant within different facets of business and government positions throughout the country. Having these skills can help you become an able prospect for employers that are looking for capable leaders within different fields throughout society.

Take a look at the list below to see some of the common fields in which you can exhibit your knowledge.

Benefits of the Dual MBA-MPA Degree

Dual degree programs are an excellent way for students to communicate their education and professionalism to potential employers. Having expertise within these 2 specialized areas can help to exhibit your understanding of both areas within society, which can potentially lead to more career options in the future.

While most students have a career in mind when choosing this degree program, it is an excellent choice for those that are undecided as well. If you want to show future employers that you have the dedication and knowledge needed to be a successful employee, this could be a great first step.

The MBA-MPA dual degree program can help students understand business practices and public service from different standpoints. While it may not seem important to learn more about different areas, more knowledge can mean more opportunity when rising into careers after graduation.

Once you have obtained a joint degree, you can provide better insight to companies that are interested in business from the public frame of mind, be helpful insight during financial planning, and provide solutions that are helpful for both the business and the community all in one.

Courses to Expect in MBA-MPA Programs

The MBA portion of the program consists of courses that are relevant to the business-minded professional. Take a look at some of the courses you can take throughout this portion of the program below.

• Managerial Finance: This course can help students gain skills necessary for becoming an effective financial manager. Assets, liabilities, rate of return, and cash flow are a few of the subjects that students can expect to engage during their experience. Topics from microeconomics and finance may be used to help interpret economic situations throughout this course.
• Financial Accounting: Students that take this course can learn more about the basics of financial accounting from a professional point of view. Topics such as assets, present value, and liabilities may be discussed, as well as the methods for creating and maintaining accounting statements. Income statements, balance sheets, and cash flow statements are a few of the tools that students can learn to work with during this course.
• Strategic Financial Analysis: Strategic Financial Analysis can help students recognize opportunities for growth, service improvement, and improved financial well-being. This course can help students use analysis tools to help review and organize businesses effectively. Through course work, students may be able to help during future performance analysis, stock purchasing and trading, and mergers and acquisitions.

Courses for public administration may also include topics that are relevant to business, but have more of a policy-driven intent. Common courses for the MPA are listed below this section.

Common MBA-MPA Questions and Answers

MBA in Public Administration Programs to Consider

Your search for the right degree program does not have to be an exhausting process. Our team of educational experts has located a few universities that offer this dual program to students that are interested in pursuing greater endeavors with their career. The list below consists of reputable universities that can help set you on track throughout your journey.

• Eastern Washington University: MBA-MPA – 3-4 years
• Harvard Business School: Joint MBA-MPA ID – 3 years
• Dartmouth Tuck: Joint MBA-MPA and MBA-MPA ID – 3-4 years

Potential MBA-MPA Careers, Salaries, and Job Growth

We wanted to pull a list of potential careers that many MBA-MPA graduates often qualify for. It should be noted that the salary information is bulled from government BLS data and that while these are relevant careers, you could find yourself in a different career just as easily.

• Public Affairs Representative: $107,210 on average per year (BLS).
• Government Agency Policy Advisor: $31,740 (starting) – $145,000 (top level) on average per year (BLS).
• Non-Profit Budget Director: $73,840 on average per year (BLS).
• City Manager: $70,020 on average per year (BLS).

Conclusion

Your choice of degree program can be a decision that changes the course of your life throughout your future. There are so many different options for you to choose from in terms of what you can study throughout your master’s experience and the skills you can gain as a result. If you want to become involved in the field of business, or are looking for more diverse opportunities in public service or policy development, the MBA-MPA dual degree program is an excellent place to start.