With the market today being characterized by an ever stiffening competition, career choices are becoming increasingly difficult to make. The right choice of subjects in your degree courses can quite literally, makes or break your future. With so much riding on your decision, making the right career choice becomes really stressful for students.
One of the most sought-after career paths, at present, is engineering. With unlimited job options and ample choices, engineering is one of the most versatile fields, full of opportunities.
Numerous students enroll for undergraduate engineering courses, and many of them land excellent jobs with amazing payouts.
However, the market today demands much more than just an undergraduate degree for you to be able to make a mark. While it is not impossible to have a moderately successful career with a BTech degree, to bag greater levels of success, a postgraduate degree is a must.
After spending years in a technical study program, students are very often unable to decide which subject to pursue a postgraduate degree in. While many go for an MTech, a large majority do not want more years of technical education and want a study program that would help them secure better positions at work.
This is where an MBA comes in. An MBA degree comes in really handy in your workspace and ensures high positions, such as that of senior managers and leaders in future.
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Today’s market is teeming with potential candidates who have all acquired their basic degrees in technology. To stand out among the others you need a qualification that marks you as more qualified and more useful a resource to the company that hires you.
An MBA degree arms you with managerial and leadership skills that add an extra feather to your hat. These skills empower you to take on more challenging and important roles in companies and therefore escalate your professional life and career.
After years of being immersed in the study of technology, you would have entered an arena of life where you would be looking for a degree that helps you establish yourself firmly as a successful worker, earning well enough to call yourself settled.
An MBA degree is just what you need at this juncture of time as it transforms you into a job-ready person, capable of taking on any challenge in a business environment. With knowledge in the spheres of business, finance, management, and human resources, after an MBA degree, your value as a candidate would increase manifold.
Are you an engineering student confused about whether or not to take the plunge of pursuing an MBA? Have you been wondering why engineers do MBA? Or, have you been pestered by relatives questioning your decision to pursue an MBA, just like they question every other life decision of yours?
Well, if you have been looking for an answer to why mba after engineering, you are at the right place. Read this article to find all the logical reasons to pursue an MBA after engineering, that would help you make your mind and also prepare you for interviews where your employers ask you why you chose to pursue an MBA after having studied engineering. So read on and end your dilemma.
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Why Should You Pursue an MBA Degree After Engineering?
Pursuing an MBA after completing graduation in engineering has become a very popular trend among engineers in the last decade. The percentage of students from engineering backgrounds appearing and succeeding in entrance examinations to MBA courses is higher than all other disciplines.
This is because after studying in a technical discipline for years, engineering students need to acquire financial, management, and market evaluating business skills that can enable them to sell their products and services in a professional manner. MBA prepares you for taking on these tasks.
Take a look at the reasons why choosing to pursue an MBA after engineering is not just logical, but also one of the best career choices to make.
#1 Increasing demand for dual specialization:
The market today is characterized by stiff competition in which securing jobs and climbing the corporate ladder become almost impossible with regular degrees that most candidates possess. To stand out as an individual you need to present yourself as an invaluable asset to the company that you want to work for.
- Entrepreneurs today lookout for individuals who wear multiple feathers on their hats, handling many sides of the business simultaneously.
- Under these market requirements, a BTech-MBA dual specialization makes you a valuable asset for any company that hires you.
- With years of technical education paired with an MBA specialization, you become qualified to handle both the technical and the managerial aspects of the business.
Your specialization makes you suited for taking charge of any and every business scenario that might present itself. These qualifications would therefore make you the ideal employee for your company in the present working scenario of the industry.
Also Read: Career Option After Completing B Tech Civil
#2 Acquire managerial expertise:
After acquiring your BTech degree you possess all the skills required for an engineer to handle the technicalities of production. You gain in-depth knowledge in subjects like Mathematics and statistics and have a strong foundation in the subject of your specialization. Your BTech course renders you capable of dealing with the technical scenario in a firm.
- However, there are managerial and leadership roles that you are yet unable to handle.
- An MBA degree makes you capable to take care of those situations, providing you with knowledge and expertise regarding the business and its management.
- After an MBA you would have gained knowledge about business intelligence, business communication, time management, enterprise management, human resource management, and many other aspects of a business. These would make you capable of understanding the importance of human aspects in the enterprise.
Therefore, an MBA after a BTech would make you capable of handling both the technical and the managerial aspects.
Knowledge about these fields would also come in handy if you have successfully built useful and unique products and are now looking for ways of turning them into profitable market ventures. Without the knowledge of business, your understanding and productivity in the technical fields cannot be made marketable.
#3 Improve your career opportunities:
An MBA improves your career chances by making you an invaluable asset for any firm that hires you. Most companies, whether global or national look put for individuals who possess double specializations. Individuals with a sound technical background and deep knowledge in the domain of business are highly valued by these companies.
- Such individuals can take care of both the technical and the managerial aspects of any business and therefore are easily employed by these companies.
- The best thing about this dusk specialization is that you can easily find jobs with not only national but also international and global brands that are on the lookout for such employees.
- MNCs recruit individuals with BTech and MBA readily and prioritize such individuals over all others. This degree also helps you widen your career prospects and seek jobs in a large variety of niches.
An MBA also improves your chances of a promotion as your employers start to consider you for senior roles and managerial jobs. Thus you would no longer have to be stuck in technical jobs only and you can pave your way to success by moving up the corporate ladder.
Therefore, to improve your chances of getting a job in a well-known firm and for widening the scope of your career, take the plunge and enroll for an MBA degree now.
#4 Increase your salary:
The salary that you earn from a job depends on a large number of factors like your skill set, experience level, your educational qualification, the profile of the job, and the size of the company.
It is a well-established fact that engineers with an MBA degree earn more than their counterparts who do not hold the degree. This is because engineers with an MBA are a valuable asset for the firm and are generally more competent and knowledgeable when it comes to handling business.
Apart from having expertise in the technical arena, they are also adept at handling the management of the business and are therefore paid a higher remuneration. An MBA degree is bound to fetch you a much higher salary than just a BTech.
#5 Personal development:
Since an MBA program focuses on teaching the learners about the management process, they end up providing them with an opportunity to pick up a lot of useful skills like preparing presentations, team spirit, leadership skills, organizational skills, communication skills, and many other soft skills.
Apart from this, an MBA course also boosts the learner’s confidence and makes them ready to take on challenging situations.
Why MBA in Finance After Engineering?
After you have made up your mind to pursue an MBA course, the next question you would have in mind is which branch should you specialize in.
Among the many options available, finance is one of the most sought after branches for pursuing an MBA in. This is because an MBA Finance degree can open up numerous avenues of employment for you even in the present market of stiff competition.
- As an engineer, you must have developed excellent analytical and mathematical skills which would help you in subjects like Accounts and Economics that are taught in the MBA course.
- This would ensure a good result and high marks which would make your mark sheet look good. This is important as employers would be looking for academically successful candidates.
- In the present market scenario, an MBA finance degree can open innumerable job opportunities for you. You can be employed in a wide variety of sectors where knowledge of technology is required along with knowledge of finance and management.
- Such opportunities include posts of Marketing Manager, Accounts Manager, and Finance Manager in the Manufacturing sector, Managerial jobs in the IT sector, or posts of Bank Manager or Banking Technology Manager in the Banking sector.
In other words, an MBA in finance opens up avenues of employment for you in the finance sector without compromising your chances in the fields of engineering. You also have avenues open in the management sectors like marketing, manufacturing, human resource management, supply chain management, or manager of an IT company.
Many companies in the technology sector prefer MBA graduates for the positions of senior management. An MBA in finance would prove to be additionally beneficial because employers would prefer a person who not only knows the nitty-gritty of technology and management, but also has an in-depth knowledge of business laws, balance sheets, and risk management.
You would also have the banking sector open up as a new avenue of employment as the baking sector prefers MBA finance postgraduates for obvious reasons.
Even if you plan to start a firm of your own, an MBA in finance would bring you added benefits, as then you would be capable of understanding all aspects of your business. An MBA in finance is therefore one of the most promising electives that can set the grounds for a successful career.
To wrap it all up, it can be said that an MBA degree would help you become really successful in your career. After completing your BTech, enrol yourself in a prestigious institution for an MBA degree.
This would ensure you have a successful career, even in the cut-throat competition that dominates the present-day job market. An MBA in Finance would be especially beneficial as it would open up newer avenues for you.