<p>I have been also considering both options and don’t know where to go. I have a B.S. in I.E. and have considered to take the MBA route to increase my position with my current company. I cant afford the cost and time to go to a school and get an M.S. in I.E… I have seen the combined programs but I can only do them online. Arizona State University offers a good online program but for me the cost of the local “b” school maybe the route to take.</p>