An MBA (Master in Business Administration) is a master’s degree in management. In today’s world, the MBA is of the highest popular and high ranked for the choice of their masters. Especially for those who want to speed up their career and grow their management skills to become fruitful for their industries and companies. The Adaptability of the master in business administration means a person can graduates from skills and disciplines of management. In management, you will learn to manage human resources, works, planning, and executions of the task.
In the last several years, engineering graduates are more likely to be attracted to an MBA. So, why is engineering students prefer the MBA after engineering degree?
Benefits of MBA after engineering
Because of the benefits of an MBA after engineering, let’s find out by briefing some points:
Increase market value:
your market is defined by two crucial factors that the number of skills you have and the area you can employ your skills to produce positive results. As an engineer, you would already have a portfolio of technical skills that you can already use in the market, which mean you will be industry ready to create the project and work on technology. Thus, the MBA after engineering degree automatically increases your market value and what you have to offer to a company.
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More career options to choose from:
With the help of the MBA after an engineering degree, you can select your career from areas of industries. Not only that But, You can choose to put to use your technical and managerial skills in any management field like finance, marketing, operation, and sales. In this way, you weave together different interests while making use of all the knowledge and skills you acquire so far. The MBA after engineering degree is a combination of art and science through which you can achieve your abilities goal.
Higher salaries:
After the MBA after engineering degree, now you have more to offer to the company. So, your professional salary also increases like your skills and qualifications. The engineer’s degree does not give you a remunerative starting amount of payroll, But on the other hand, Over the years, an MBA is considered a better choice in terms of an attractive salary. Thus, the MBA after engineering degree in terms of a higher salary.
Arise from a motionless career:
At some point in engineering as a professional, you realize that your career reached a specific unmovable stage from where you cannot arise. At that movement, You lose interest in computers and technology, Then pursuing the MBA after an engineering degree can be the right decision of your life. This way you can explore lots of other careers by which you can get an enjoyable way to do the job.
Build a distinct network:
Pursuing an MBA not only broadens your horizon but also gives you access to a big alumni network of diverse individuals. This Network can be anchorage to pave a path for yourself in all your future attempts.
Personal development:
With an MBA, not only your business and managerial skills increases but, you also witness lots of personal growth that are negotiation, strategic thinking, organization skills, and interpersonal skills will remarkably improve. All and all, you will learn to think on your feet and take risks. In the long term, you will also be acquiring the sound ability of analytical and critical thinking. An MBA after engineering Also opens up the door to various career opportunities in several industries and top companies.
All and all, this is the benefit of An MBA after engineering. So, the MBA after engineering is the right choice.
Scope of The MBA after engineering degree
The MBA after engineering degree will open ways to get a higher payroll and a broad scope of career in different areas. After an MBA, You can choose from various types of jobs and positions in different kinds of companies or industries. These various are some career options that will be available:
- Jobs in the private sector and public sectors: The MBA after engineering degree, assist you in occupying a fine career in the private sector and public sectors. The public sectors like National thermal power corporation, Damodar valley corporation and many other companies provide adequate job opportunities to MBA graduates. The private sectors play a significant role in giving jobs to MBA graduates students. All private sector companies hire people in sales, marketing, human resources, and many other departments. They want to hire people full of managerial and execution skills so that they can give more positive results to their companies.
- Banking and Finance sector: The banking and finance sector includes portfolio management and security and investment analysis. The MBA after engineering degree helps you to make an immeasurable career in a bank, insurance, securities, and investment analysis.
- Self-employment opportunities: Nowadays, many MBA graduates want to become entrepreneurs, and the MBA after engineering degree enhances the ability of the students to become an engineer. It requires experience, innovative skills, creative and executive skills to become an entrepreneur. As an Engineer, you also start a start-up with his managerial and technical skills. You can execute it very professionally.
- Data analytics: Due to the digital revolution, data analytics job gets increases because now every e-commerce companies, retails, and banking and management have their specific data to handle. So, the companies hire data analysis for their company so that they can manage their data. So, with the MBA after engineering degree, you can have a scope in becoming data analysis.
- Management consultant: If you have the skill of solving problems, then the management consultant job is suitable for you. The professional management consultant is responsible for solve organizational problems and issues of the companies. One of a consultant’s responsibilities is to give fresh, innovative ideas and new problem-solving methods so that company runs efficiently.
So, this all is the jobs and career you can choose from after an MBA after engineering. There is more option for a job such as security and private equity you can choose as a career because the scope of an MBA after engineering is tremendous.
Why should you choose the MBA after engineering degree?
From the above paragraph, you know some benefits and scope of the MBA after engineering degree. So, now here are some factors that why should you consider the MBA after engineering degree:
- Introduction to the corporate world: Nowadays, the corporate world is also acquiring this theory that engineering with a post-graduation degree of an MBA is the best combination of skills and knowledge, which gives you the advantage of succeeding in life. With managerial skills and technical skills, one can hope to accelerate their career to higher supervisory roles and even visionary roles. So, the MBA after engineering degree helps you climb the corporate ladder to reach up to a higher level in your career.
- Develop managerial skills: In an engineering degree, you have grown your technical way of working. Your syllabus teaches you to strengthen your scientific bend of mind. Despite, The MBA after an engineering degree helps you to develop for real-world problems. You get the role of human resources in business. You will learn about HR management (Human Resources Management), time management, marketing management, finance management, communication, and many others. These skills play a vital role in building your managerial skills and your career.
- Personal interest: If you are interested in management, you have to pursue an MBA after engineering degree. As you know, The MBA is a management-based degree from which you can increase your managerial skills and ability to execute more tasks effectively and efficiently. You learn planning, organizing, directing, controlling all the principles of management. All of this helps you to get ready for real-world problems and reach a new level of success.
- Accelerate your career: the MBA after engineering degree accelerates your career by increase your skills set and qualification to offer any company. An engineer’s salary is not enough, but by pursuing an MBA, you attract higher payrolls. An average starting package for an engineer is approx Rs. 1 to 1.2 million. But if they do the MBA after an engineering degree, your market value increases. You may get a sufficient amount of salary like Rs. 1.8 million to 2 million. After MBA, you will start growing, and that help you to get to a higher level of success in your life.
- Experience personality development: MBA focuses on group discussion, presentation, project, on-field projects, industries visit, etc. while doing this all you experience the improvement of your personality because all these tasks need confidence, communicating skills, dialogue delivery, eye contact, and presence of mind to do it. These skills are very much useful in your future managerial jobs and tasks in daily works. Thus, MBA after an engineering degree develops your personality.
Process of MBA after engineering degree
There are four major processes of getting admission to the MBA after engineering degree:
Step 1: Register and apply for the MBA entrance exam
First of all, you have to fill the online form for the MBA entrance exam, which is upload in the first week of August or September on their web site. The process of admission in top MBA colleges went through an exam such as CAT(Common Admission Test), XAT(Xavier Aptitude Test), MAT(Management Aptitude Test), SNAP(Symbiosis National Aptitude Test), IIFT(Indian Institute of Foreign Test). Most of the National level entrance exams for MBA like CAT and MAT close their registration in September and November, respectively.
Step 2: Perform in MBA entrance exams
After the registration for the MBA entrance exam, you will have to appear in the exam and perform your best for the great result of your exam. If you are giving an entrance exam for MBA after an engineering degree, then you have an advantage of cracking an MBA exam like CAT, MAT, XAT, SNAP. Because in the question paper, more than half of the questions are a question of logical reasoning and quantitative aptitude. An engineering student who studies mathematics and logical reasoning during their courses and syllabus are more likely to solve the problems efficiently.
Step 3: Get shortlisted.
After appearing for an exam, you have to shortlist for getting admission to any top MBA colleges. Once you get shortlisted for the last round based on their scores in the exam, academic, diversity, among other parameters according to colleges admission policy and weights. Institutes individually complete this step.
Step 4: Last process of admission (GD, WI, PI )
In this last process, you have to get through three rounds of GD(Ground Discussion), WI (Written Interview), and PI(Personal Interview). Based on these last three-round, academics, diversity, gender diversity, and work experience, the final merit list is generated by colleges for admission.
Conclusion
All the above paragraph are about why choose MBA after engineering degree. Now you know about the Scopes, benefits, and admission process of the MBA after engineering degree. You have your own opinion of what you chose for post-graduation. But the MBA after engineering degree is one of the best decisions. This article concludes that the MBA after engineering degree helps you to get a magnificent payroll and get success in life.
Frequently asked questions? (FAQ)
Which specialization is best in MBA after engineering degree?
Answer: There is 5 best Specialization in MBA after an engineering degree, finance management, marketing management, Human Resources Management, Internation business, Operation management, etc.
Are engineering and MBA a great combination?
Answer: yes, engineering and MBA is a great combination. Even in the corporate world. People also accepting this theory that the MBA after engineering degree is a great option.
Is MBA good after BTech?
Answer: Yes, MBA after a BTech is a very good decision because it increases your market value, develops your personality, higher salaries, give you a great area of industries to get a job.
What is the scope of the MBA after engineering?
Answer: yes, there is a huge scope of the MBA after engineering degree, because it gives you a wider area of industries to choose a job and career.
How to Answer “Why MBA after Engineering degree”?
Answer: By telling, the benefits of the MBA after an engineering degree, why people choose the MBA after Engineering degree, and lastly why you want the MBA after engineering degree.