MBA after engineering is a new trend being followed by a majority of teenagers. It is mostly noticed that the toppers of management exams and CAT exams are engineers of IITs.
But you might think that how these two can be related?
Engineering is path that most students in India choose because of peer pressure or due to their parents. Also, every year students graduate engineering in bulk which leads to unemployment.
On the contrary MBA graduates get better paid respectable jobs. B. tech graduates feel it is better to pursue an MBA and get a highly paid job rather than struggling for a job. This is basically a backup degree for the graduates who do not want to pursue M. tech.
Why MBA after engineering?
After completing your B. tech degree, choosing between MBA and M. tech is a big decision. It is easier for engineering students to crack MBA exams because of several reasons.
• It majorly depends upon your interest and capabilities.
• Engineers crack CAT and other management exams easily as it is quantitative aptitude and logical reasoning.
• With the increased number of private engineering colleges, the quality of education has degraded, hence, students often pursue studies abroad or opt for MBA.
• Engineers feel that MBA is comparatively a safer career path.
• There are many universities that offer B. tech + MBA together.
• The number of jobs for engineers are less comparing to the number of graduates.
MBA after engineers sharpens your management skills. It gives an insight to the graduates about generalist roles in non-technical industries which in turn brings new career opportunities, unlike a technical person.
In simpler words, you can use your existing technical skills as well as new career prospects which leads to new career opportunities.
How to do MBA after Engineering?
Let us look at the procedure to opt for MBA after engineering:
• Students who wish to pursue an MBA in India after their engineering need to give management exams like CAT (Common Entrance Test) or MAT ( Management Entrance Test )
• For these exams, students need to study hard and well in advance to get good scores.
• There are other management exams like XAT, SNAP, CET, JMET, etc.
• After clearing the exam, the students are called for a group discussion or personal interview in the particular institute applied for.
• Countries like UK, USA, and Australia are popular for their MBA degrees and well recognized in the world.
• Students can opt for an abroad MBA degree in these countries; they need to clear exams like GMAT and GRE for the same.
• GMAT is a Graduate Management Admission Test and GRE is Graduate Record Examination.
• Some universities abroad ask for work experience for the MBA degree, for these colleges, one cannot apply.
• There are many colleges where work experience is not required; students after their engineering degree can apply for it.
• B. Tech graduates must opt for MBA degrees abroad if they have worked for 2 to 3 years as that is the minimum experience required in American universities.
Advantages of MBA after Engineering?
• MBA aims at soft skills; it is one of the most vital skills of life.
• MBA gives the graduates 2 extra years to figure out if they want to go ahead with their engineering skills or try hands in entrepreneurship.
• MBA opens up new career paths for the graduates for those who are tired of their corporate job as an engineer and looking for something new
• Some graduates do executive MBA or short term MBA along with their jobs as an extra asset for the future.
• The jobs the MBA graduates join give them better respect in their workplace and are more productive and effective.
Disadvantages of MBA after Engineering?
• As engineering is of 4 years and other business courses are 3 years, those who do it grudgingly waste 1 year of their time.
• MBA in finance is more beneficial to choose after CA or B.com than after engineering
• MBA in HR is better to choose after BBA rather than engineering
• MBA in operations can significantly benefit engineering graduates
• MBA in sales and marketing doesn’t benefit from engineering unless the post-MBA job requires technical knowledge
MBA after engineering Jobs
Scope for jobs after an MBA + engineering degree is really good. This opens a lot of paths for the students. One would get a job in almost all sectors which are not the case for people who hold only an engineering degree.
Pursuing an MBA course after engineering is profitable as it gives higher pay. Graduates get jobs in the private as well as public sectors.
There are many self – employment opportunities like startups online and physical.
• IT Manager
• Business Manager
• Financial Manager
• Business Analyst
• Software Manager
