What is the difference between the Master of Commerce degrees and the MBA degrees in Australia?

In Australia, what is the difference between the Master of Commerce degrees and the MBA degrees?

• I noticed that they offer both of those degrees. The Master of Commerce degrees in Australia are awarded by the Faculty of Business and Economics of the respective school for the most part, at times by the business school. The MBA is always awarded by the Business School of that school. Both degrees are really expensive. What is the main difference between these two degrees and how are they regarded? How would employers in the US for instance distinguish between the Master of Commerce from Australia and the MBA from there? Note, the Master of Commerce is NOT an MS degree. It is a Master in Business. Almost all schools in Australia have it such as Monash, Queensland, Sydney, Macquarie etc. In the States this degree doesn't exist at all.

• Answer:

  The MBA is a general business degree training students for top level management positions up to CEO or for those with entrepreneurial objectives of starting their own business. The Master of Science is a specialized degree in a particular field such as finance, chemistry, accounting, engineering, etc. training students for top level staff and research positions who prefer not to get into general management. The Official MBA Guide provides a lot of information about the MBA degree and MBA schools and programs. It's a comprehensive free public service with more than 2,000 MBA programs listed worldwide. It allows you to search for programs by location (US, Europe, Far East, etc.), by concentration (finance, marketing, aviation management, health management, accounting, etc.), by type of program (full-time, distance learning, part-time, executive, and accelerated), and by listing your own criteria and preferences to get a list of universities that satisfy your needs. Schools report their accreditation status, tuition cost, number of students, class sizes, program length, and a lot of other data. Schools provide data on entrance requirements, program costs, program characteristics, joint degrees, and much more. You can use the Guide to contact schools of your choice, examine their data, visit their web site, and send them pre applications. You can see lists of top 40 schools ranked by starting salaries of graduates, GMAT scores, and other criteria. It's the best service available at http://officialmbaguide.org.