Overview: Why MBA after Engineering
You must be aware of the MBA degree if you are a student or working professional pursuing your undergraduate degree in engineering, the arts, or business. After graduating from top engineering colleges in UP, most students choose MBA for higher education to expand their career horizons. It is true for most B.Tech colleges in UP. MBA is seen as a natural option after engineering.
So let's examine what an MBA degree entails in this article.
Specializations in MBA - You can Choose After Engineering
MBA specializations include
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Marketing
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Finance
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Business Management
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Economics
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Human Resource Management
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Strategy
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Leadership
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Accounting
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Technology Management/ IT
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Operations Management
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Business Analytics
After earning your specialized degree from the best engineering colleges, you can decide whether to pursue MBA or not by carefully weighing its pros and cons.
So let's start now.
Top 6 Pros of Pursuing an MBA after Engineering
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Higher Paycheck
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Unlimited Career Paths
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Learn New Skills
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Grow Your Network
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Job in MNCs
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Flexible Timings
Higher Paycheck
One of the key benefits of getting into an MBA after completing your degree program from the best college in Uttar Pradesh for Engineering is that you can earn more money and receive a better compensation package in Noida than your peers who did not get an MBA.
As per the Ministry of Labor and Employment, the average monthly package of an experienced management guy in India is INR 50000 per month.
After obtaining an MBA degree and holding an engineering degree, you may typically expect to earn between 7 and 8 lakh rupees annually. It also depends on which B.Tech college in UP you have graduated from and where you have joined the MBA program.
Obviously, the sum of all this heavily depends on what specialization you choose in engineering, the employers who hired you, as well as your background, performance, and other factors.
Unlimited Career Paths
You will have a wide range of employment options and acquire many more career prospects in your life by choosing an MBA after earning your degree from top engineering college in UP.
You will be taught a variety of courses, such as finance, economics, human resources, marketing, statistics, management, accounting, and entrepreneurship, so you have a wide range of alternatives.
For instance, you can find a variety of jobs after earning your MBA like,
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Brand Manager
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Sales Manager
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Credit Analyst, Finance
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Accounting Manager
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Recruitment
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Training and Development
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Marketing Manager
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Supply Chain Performance Analyst
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VP of Supply Chain Operations
Learn New Skills
After earning your engineering degree, you should consider getting an MBA because it can offer you valuable skills that are useful not only in business but also in everyday life.
You can learn a number of things & skills from a reputable MBA college during your stay, such as,
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You can pick up communication techniques.
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You can develop and learn new networking techniques.
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You can pick up time management techniques.
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You will hone your Decision-making and problem-solving abilities.
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You can also gain leadership skills and learn how to operate successfully under pressure.
Visiting firms while pursuing your MBA degree is another excellent way to gain a lot of real-world and professional experience.
It is not just about the study; an MBA can also help you advance significantly in life by improving your capacity to think and developing your capacity for critical analysis.
Grow Your Network
After finishing your degree from the best college in Uttar Pradesh for engineering, getting an MBA can help you not only with your job but also with expanding your network by introducing you to new people.
By interacting with new individuals while doing an internship with a company, you can expand your network. You can also find many people who share your goals of starting a business, are motivated and are career-driven classmates at your MBA School.
Additionally, you may have the opportunity to collaborate with and get to know some of the most successful business people in the field.
Your network will influence how much money you have because it will open up numerous doors for you to succeed in life and increase your wealth.
Jobs in MNCs
You may be able to work for numerous international corporations if you get an MBA after earning your degree from a top engineering college in UP.
You may be able to find employment with organizations like Amazon, Microsoft, Google, JP Morgan, Goldman Sachs, Morgan Stanley, PepsiCo, Accenture, McKinsey, and many others.
Since all of these firms are engaged in the global market, they require personnel to handle activities like Human resources and marketing managers. So after earning an MBA, you can work in these international corporations in a variety of positions.
The vast majority of businesses prefer to employ engineers who have earned MBA degrees.
Flexible Timings
You can obtain flexible timing in some MBA programs, which is another huge perk of this degree. For those who need to learn while gaining work experience, many institutions offer weekend and part-time MBA programs.
These are all benefits of earning an MBA after completing B. Tech from the best engineering colleges.
Also Read:
Top 4 Cons of Pursuing an MBA after Engineering
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Competitors
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Cost & Time Management
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Not All MBA Colleges are Best
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Not All MBA Graduates Work in Their Desired Field
Competitors
The primary drawback of pursuing an MBA after engineering is intense competition. Only 7% of the 1.5 million students from the best engineering colleges in India are employable after graduating every year, claims a report from India Today.
Furthermore, it is unnecessary to note that over 80% of Indian engineers are either unemployed or unemployable due to a lack of hard and soft skills necessary for employment. You can read my guide on the reasons engineers in India are unemployed for more details.
Due to the fact that the majority of engineers do not find employment after graduating, they either spend their free time at home doing nothing or go on to pursue higher education, such as an MBA or M. Tech, in the hopes of landing a career one day, or they train for government positions like UPSC and SSC.
The number of engineers pursuing MBA degrees has increased dramatically in recent years as a result of growing competition.
If you have ever desired to pursue an MBA after earning your degree from a top engineering college in UP, you must be familiar with the CAT exam. You must pass this exam to be admitted to top business schools in India.
According to the most recent data, over 1.9 lakh people registered for the exam for the about 5000 seats that were offered at different MBA colleges throughout India. It is anticipated that this exam will have a success rate of around 2%, making it quite challenging to pass.
Cost and Time Management
The fact that earning an MBA degree can be expensive and time-consuming is yet another significant drawback. The cost of the MBA program at various colleges can be over 20 lakhs.
This is a huge figure for a middle-class family, and earning an MBA degree could take two years or longer. And happily, if your parents' annual income is less than 600000 INR, you may qualify for a scholarship under various Govt. schemes.
Not all MBA Colleges are Best
Another drawback is that, in most cases, if you graduate from a prestigious university and college, only then you may experience all the wonderful benefits of an MBA.
Therefore, the college and institutions where you earn your MBA will have a significant impact on the development of your career and your opportunities; if you earn your MBA from a low-quality business school, your MBA degree may not be very beneficial for you.
There are hundreds of thousands of MBA graduates who are unemployed and wandering the streets of India after graduating as a result of the business school's lack of good lecturers, outdated curriculum, and lower ranking.
Not all MBA Graduates Work in Their Desired Field
This may be yet another significant drawback of earning an MBA.
For instance, if you studied mechanical engineering and obtained an MBA, you can get employment in the marketing sector. The hiring of employees or a product manager is completely unrelated to your primary business, which is mechanical engineering, civil engineering, or computer science engineering.
These are all the benefits and drawbacks of earning an MBA after graduating with a degree from the best college in Uttar Pradesh for engineering.
Conclusion
Let’s come back to our primary question – Is an MBA degree worth it after engineering?
If you are still unsure about getting an MBA after completing engineering from B.Tech college in UP and have studied all the benefits and drawbacks of doing so, then know this. In my view, you should certainly get an MBA because it will only serve you in a positive light. There are hardly any cons to pursuing an MBA after engineering if you are good enough to counter the competition.
The return on investment of an MBA program after engineering is manifold. Because obtaining an engineering degree is not a simple endeavor, you will need to put in a lot of effort.
If you are interested in technology-based engineering areas like computer science and electrical engineering, you will learn a lot of things.
Having business and management experience in addition to your technical engineering talents can be a terrific mix. So keep learning and expanding your career horizons and don’t get into naysayers.
Also Read:
FAQs for Why MBA after Engineering
Q1. WHICH MBA COURSE IS BEST AFTER ENGINEERING?
In general, depending on your interests and professional objectives, an MBA in Information Technology after an engineering degree may be the ideal choice for engineering students. Traditional commercial tactics and cutting-edge technological ideas are combined in this course. Students can improve their technical skills while also learning about management studies in this course.
Q2. HOW MUCH DOES AN ENGINEER MAKE AFTER AN MBA?
An applicant who obtained an MBA after graduating from engineering receives an alluring compensation package. After receiving a B. Tech, an MBA graduate makes significantly more money overall than an engineer. As fresher, engineers with an MBA make about INR 7-8 Lakhs annually. As they gain experience, their salaries rise. Even some of the highest-paying job profiles are available following an MBA for engineers.
Q3. IS THE MBA CHALLENGING FOR ENGINEERING STUDENTS?
The MBA is typically a good career choice for engineering students. Exams in management can be passed with ease by engineering students. The subjects covered by the management entrance test syllabus are very similar to those covered by the engineering syllabus. This makes it somewhat simpler for engineering students to pass the MBA entrance exam after finishing their undergraduate studies.
Q4. IS AN MBA VALUABLE AFTER A B.TECH?
After a B. Tech, an MBA is unquestionably worthwhile. The decision to pursue an MBA after an engineering degree has become very common among students who have completed a B. Tech. There is a large market for MBA graduates who also hold B. Tech degrees.
Q5. WHY MBA FROM KCC INSTITUTE OF TECHNOLOGY AND MANAGEMENT?
KCC Institute of Technology and Management is affiliated to APJ Abdul Kalam Technical University and approved by All India Council of Technical Education, making it the perfect destination for both B.Tech courses and the MBA program.