Analysis of information sources in references of the Wikipedia article "کارشناسی ارشد مدیریت بازرگانی و کسبوکار" in Persian language version.
"PhD" and "terminal degree" are not synonymous. A number of master's degrees lead students directly to, well, the end of the formal educational line. One such example is the MFA, which is earned by practicing artists in fields such as creative writing, visual arts, and theater. In the world of business administration degrees, an MBA is terminal. Although a little research might turn up a handful of PhD options in the creative arts or business, these are different monsters; they don't take away from the fact the person with the MFA or the MBA has a terminal degree.
A master's degree comes in only two options: a professional, or "terminal" master's degree, or an academic master's degree...A terminal degree is a means to an end; it will prepare you for entrance into a specific type or group of jobs. A terminal degree implies there is no need for any further education, thus the word "terminal." Degrees from professional master's programs are usually marked by specific initials that denote their area of specialty, such as a Master of Business Administration (M.B.A) or Master of Library Science (M.L.S.) degree...Conversely, an academic degree centers on research and scholarly studies in a specific area. These degrees are more likely to lead to continued education at the doctoral level where you can specialize in a very specific area of that field...
A master's degree comes in only two options: a professional, or "terminal" master's degree, or an academic master's degree...A terminal degree is a means to an end; it will prepare you for entrance into a specific type or group of jobs. A terminal degree implies there is no need for any further education, thus the word "terminal." Degrees from professional master's programs are usually marked by specific initials that denote their area of specialty, such as a Master of Business Administration (M.B.A) or Master of Library Science (M.L.S.) degree...Conversely, an academic degree centers on research and scholarly studies in a specific area. These degrees are more likely to lead to continued education at the doctoral level where you can specialize in a very specific area of that field...