Dual Degree MBA & Psychology Programs

A dual degree in Psychology and M.B.A can be useful to land in corporate careers that require interpersonal skills. The article introduces you to the program options and common courses for a dual degree in Psychology and M.B.A and talks about the admission requirements and career options. Schools offering Psychology degrees can also be found in these popular choices.

M.B.A. and Psychology Dual Degree Program: General Information

Various options are available for a dual degree program in Master of Business Administration (M.B.A.) and Psychology - a masters in Psychology along with M.B.A., a bachelor's degree in Psychology, or doctorate in Psychology with M.B.A. The average length of these programs is from three to five years. Most of these programs focus on industrial or organizational psychology along with business courses as listed below.

Organizational Psychology

Organizational psychology applies the theories of psychology to organizations. It focuses on increasing the productivity of employees and improving their mental and physical health. Organizational psychology gives you an understanding of the workplace environment and employee relationship and helps you to make appropriate solutions for the employees' problems.

Research Methods in Psychology

The course includes fundamental research methods used in the field of psychology for behavioral analysis. It consists of both quantitative and qualitative methods, which are objective and subjective, respectively. It also includes various methods of data collection, observation, and reporting.

Consulting Skills

The course helps you to develop skills that are necessary to counsel the employees in your organization effectively. It helps you to solve the workplace problems of the employees and to ensure their well-being. The course also prepares you to provide occasional training.

Strategic Management

Strategic management course prepares you to develop and implement strategies and decisions in your organization. It includes planning, establishing, managing, and analysis of strategy. The course enables you to derive strategies that are directed toward the growth of your organization.

Finance

The finance course includes various subsets such as corporate finance, financial management, financial analysis, and so on. The course introduces you to the theories, principles, and practices of financial management. You will also be given an introduction of auditing, budgeting, and accounting. The course helps you to take over leading roles as a manager or business consultant in an organization.

Economics

Economics focuses on the relationship or communication between consumers and markets. The course will introduce you to the principles and tools used to analyze these relationships. The course might include various specializations such as managerial economics and labor economics.

Admittance Requirements for a Dual Degree in Psychology and M.B.A

The dual degree programs with masters or doctorate in Psychology requires you to hold a bachelor's degree from an accredited institution. Some amount of coursework in Psychology is either desirable or mandatory for a few programs. Some institutions also specify a minimum CGPA requirement. Your admission to the M.B.A program will be based on your GRE scores. Other requirements include submission of letters of recommendation, personal essays, and an in-person interview.

Careers Related to Dual Degree in M.B.A and Psychology

Organizational Consultant

As an organizational consultant, you will be designing development strategies for your company. You will provide support and advice for activities, meetings, and workshops that the company conducts. Your knowledge of organizational psychology and consulting skills that you acquired from your dual degree will come handy in this role.

Employee Trainer/ Corporate Trainer

As a trainer in a corporate, you will be educating their employees and clients about their products and services and company culture. You will audit existing training resources and develop new training materials. You are also supposed to coordinate and manage training programs. The subjects of psychology and consultation that you learned in your degree program will help you in your role as a corporate/ employee trainer.

Human Resources

You can work on many levels in the Human Resources department in various organizations based on your experience- as an assistant, administrator, or manager. As an HR executive, you will be dealing with the employees on a day to day basis and will assist or coordinate programs or issues related to human resources. You will also be responsible for keeping the employee database. Your familiarity with management and consulting skills as a dual degree holder in Psychology and M.B.A can be useful here.

Job Title Average Salary (2019)* Job Growth*
Organizational Consultant $83,481 19%
Corporate Trainer $55,325 2%
Human Resources $73,473 1%

Source: * Payscale

Many universities offer various program options to those who want to pursue a dual degree in M.B.A and Psychology, provided that you meet their admission requirements. These programs consist of courses that help you to reach careers combining people management and business skills.

To continue researching, browse degree options below for course curriculum, prerequisites and financial aid information. Or, learn more about the subject by reading the related articles below:

  • 1. Degree Options:
The schools in the listing below are not free and may include sponsored content but are popular choices among our users. Tuition and costs will vary across programs and locations. Be sure to always request tuition information before starting a program.

Popular Schools

  • Liberty University

    Liberty University responds quickly to information requests through this website.

    Popular programs at Liberty University:

    • Master

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  • Purdue University Global

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  • Grand Canyon University

    Grand Canyon University responds quickly to information requests through this website.

    Popular programs at Grand Canyon University:

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  • Southern New Hampshire University

    Southern New Hampshire University responds quickly to information requests through this website.

    Popular programs at Southern New Hampshire University:

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  • Walden University

    Walden University responds quickly to information requests through this website.

    Popular programs at Walden University:

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  • Colorado Christian University

    Colorado Christian University responds quickly to information requests through this website.

    Popular programs at Colorado Christian University:

    • Master

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  • Northcentral University

    Northcentral University responds quickly to information requests through this website.

    Popular programs at Northcentral University:

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  • Regent University

    Regent University responds quickly to information requests through this website.

    Popular programs at Regent University:

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  • Divine Mercy University

    Divine Mercy University responds quickly to information requests through this website.

    Popular programs at Divine Mercy University:

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  • San Francisco State University

    Campus Locations:

    • California: San Francisco
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