MBA and Masters refer to two different academic courses between which some differences can be highlighted. MBA stands for Master of Business Administration. On the other hand, Masters refer to a qualification of specialization which can apply to many disciplines. One of the major differences between MBA and Masters in a specialised field is that an MBA typically requires some work experience where as a master’s degree can be done straight after graduation. Also an MBA tends to be more general in nature and whereas a master’s degree allows to the student to gain specific knowledge about one chosen field.