What are the job prospects after doing an MSc in any management related subject ? Is it equal to an MBA

What are the job prospects after doing an MSc in any management related subject ? Is it equal to an MBA ?
Will MSc guarantee any job in UK or in India ........... what will be the approximate pay-check for such a candidate ?
Careers & Employment - 1 Answers

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in terms of job prospects you may get a job in teaching straight away in India. I cannot comment about UK