Prospects of doing MBA after Engineering

Did you know that, according to a leading news channel, most of the MBAs from high-ranked business schools in India are from engineering backgrounds?

Well, the numbers might be shocking, but one cannot deny the fact that the number of engineers opting for MBA degrees to gear up their careers has become the talk of the town in recent years. Today, most organisations seek additional qualifications while hiring for technical roles, which are mostly filled by engineers.

Organizations scout for employees who have a basic understanding of the business environment and who can lead teams in the future. They also look for leaders who can drive the business initiatives and projects by taking ownership of the tasks assigned to them. These days, management skills have become the key requirements of the organizations that are considered before hiring. Hence, technical skills along with managerial skills are essential to have in your future workplace, and thus an MBA degree from a reputed business school will come handy for the future corporate leaders of the country!

Why should you pursue MBA after Engineering?

Getting into a suitable and technical role is perfect for those who have sound and in-depth technical knowledge. Most engineering professionals dream of working in multi-national companies which one can achieve with the right skills and directions. To reach higher designations in the company it is of utmost importance for one to have managerial skills.

Therefore, to break through from a technical role and smoothly traverse up in their career to fill managerial roles, it makes absolute sense for engineering graduates to get into an MBA program.

Below are the pointers as to why should you pursue MBA after Engineering:

1. Gain Managerial Expertise: A B.Tech graduate student will possess all the technical skills that an engineer should have. They will have a strong base in Mathematics, Statistics, and broad domain knowledge about the specialization taken in the B.Tech course. However, it is very essential to pursue MBA to help one have business and management skills that are essential to managerial and other senior-level roles in an organization. MBA will help one understand the importance and role of the human factor in business. One will get to know more about business communication, business intelligence, human resources, crisis, and time management, and much more. Pursuing MBA after B.Tech gives a clear picture of both technical as well as business management skills.
2. Demand for Dual Specialization: In the present scenario, professionals should pursue advanced training certifications. Organizations hire professionals who can wear multiple hats simultaneously and can consequently add more value to the organization. Pursuing dual specialization will benefit one since they will have the required skills and knowledge to handle both technical as well as a managerial side which makes the professionals a valuable asset for the company.
3. High Pay Scale: Generally, the pay scale in any organization depends on multiple factors like candidates’ qualifications, work experience, skill set, etc. However, if a candidate is graduated from B.Tech and MBA from a reputed institute will be drawing a higher package from the ones who do not. Candidates tend to get a higher package since they qualify for dual specialization and will have more knowledge both in terms of business and technical aspects which companies consider while hiring an employee.
4. Enhanced Career Prospects: MNCs hire candidates who possess a strong grasp of a technical background with management skills. Professionals who are MBA graduates will come on the top list since they all will be informed about the basics of the business domain
5. Personality Development: Although MBA teaches the fundamentals and managerial aspects of a business, it also helps a student develop soft skills, communication skills, crisis management, and leadership which results in the overall development of one’s personality. An MBA program helps students develop their confidence levels, and making them ready for the real world. 

Advantages of Pursuing MBA after B.Tech:

1. A better understanding of business as a whole: Pursuing an MBA will help one understand the various conditions of the business environment. Engineers will have different perspectives on different business problems. After the completion of an MBA, one will be able to adjust themselves to the complex and dynamic environment of the organization and also learn to solve the problems strategically with different teams.
2. Climb up the corporate ladder: The corporate world eagerly looks for skilled engineers with an MBA degree. Technical education with a combination of management skills is the key to climb the corporate ladder quickly. An MBA degree after engineering will fast-track your career and will help you crack into mid and senior management roles at a quicker pace.
3. Develop managerial skills: As an engineer, it is common to have great command over the technical side of work along with scientific acumen. Couple that with managerial skills and that will build up the concepts of finance, marketing, and communication, human resource management, time management, enterprise management, and more. These skills are extremely sought after by most companies and are hence very important for those who want to take up managerial roles going forward in their careers.
4. Command higher salaries: The salary slab for a particular job depends on various factors, chief among which is the candidate’s educational background. Apart from that, experience level and skillsets are also highly desired. Pursuing an MBA degree after completing graduation in engineering will help raise one’s salary bar drastically.
5. Better career prospects: Many of the large conglomerates recruit candidates with a combination of technical and sound management skills. There is no shortage of jobs for candidates that possess both. Furthermore, industries such as IT/ITES, BFSI, E-commerce, Healthcare, and others seek such professionals, considering them ideal for the job.
6. Developing a personality: An MBA program teaches students soft skills, communications skills, leadership qualities, team spirit, organizational skills, presentation skills, and many such skills which are highly desirable. These are key in the overall development of a professional and are commonly referred to as ‘Personality Development’. The MBA program also assists students to become confident professionals.
7. Become entrepreneurs: For aspirants who have a product or a business idea, an MBA program will help them set up their own business from scratch, by developing entrepreneurship skills. Engineers are usually technically sound in their specific domain of expertise but often lack business acumen. This is where an MBA fills in the gap by making them better entrepreneurs. They will be able to produce and market their offerings and ideas in a much better way to create profitable businesses.

Overview of the MBA program and curriculum

As the marketplace is constantly growing, having just any degree won’t be sufficient to accelerate your career to the next level. So, if you have completed your engineering and are looking for opportunities in leadership roles in big corporations or multi-national companies, then a well-structured MBA programme is what you need at the moment!

Therefore, to cater to your specialised needs and demands, JAIN (Deemed-to-be-University) has come up with its industry-led programmes that are designed to help students identify new business challenges and opportunities. We have listed our leading MBA programmes along with the curriculum that will help you get that extra edge and command flawless business administration strategies!

Comparison of MBA programs in India vs abroad

Top MBA college - (Achievements and ranking of CMS B-School)

JAIN’s (deemed-to-be-university) CMS B School has emerged to become 5th among the top private universities in India as voted by India Today Magazine. It has also rose to become a leading business school not just in India but also in the southern part of India, including the state of Karnataka.

CMS’ is characterised by several attributes that contribute to its overall quality and standing, such as its strong academic reputation built upon a faculty composed of distinguished professors who shall deliver excellent academic knowledge with industry experience. Besides this, the curriculum is also comprehensive, offering a wide range of business topics and practical application opportunities. We also believe in fostering a positive learning environment that nurtures creativity, innovation, collaboration, and critical thinking. We focus on creating a learning space that is equipped with cutting-edge resources, such as research centres, state-of-the-art technology, and comprehensive libraries, that will help the students navigate the complexities of the modern business world.

Rankings & Accreditation

• CMS School has been ranked between 76-100 by the National Institute of Ranking Framework - Ministry of HRD, Government of India.
• CMS Business School has secured an 'A' grade by National Assessment and Accreditation Council (NAAC) A++ Grade with a CGPA of 3.71
• CMS Business School has been accredited by National Board of Accreditation (NBA) for its Master of Business Administration (MBA) programme from the academic year 2022-23 up to 2024-25.
• CMS School is certified by ISO : 9001 : 2015 for Quality Management by TUV Nord.
• CMS Business School has acquired A grade at National Level and A* at State Level Grading from CRISIL

Recognition

• CMS School has been awarded 5 Stars by ICARE Ratings, KSURF, an initiative of the KHSEC - (Govt. of Karnataka)
• CMS Business School is the proud member of Association of Universities of Asia and the Pacific (AUAP)

Criteria for selecting an MBA program

An MBA programme is a journey of a lifetime, and it should align with your personal choices, career goals, and educational needs. So, we have curated some key criteria that you must consider before applying for an MBA:

• Accreditation and Ranking: You must go for those MBA programmes that are accredited by recognised accrediting bodies, such as the National Board of Accreditation (NBA), the National Institute of Ranking Framework (NIRF), etc., that ensure that the programme meets specific quality standards.
• Curriculum and Specialisations: You must opt for an MBA programme's curriculum that is well-rounded, has a balance between theoretical knowledge and practical application, offers varied specialisations, and covers a broad range of business topics that align with specific career interests.
• Faculty and Resources: The quality of education that you receive will have a huge impact on your end-deliverables; therefore, you must go for those institutions that are empanelled with experienced and expert faculty members and also provide easy access to research resources.
• Diverse Alumni Network: The alumni network plays an important role in building long-lasting and impactful professional relationships that can propel your career to greater heights. So, we suggest doing research and investigating the strength of the programme's alumni network and the connections it has with the business community, as all of this will come in handy during job placement initiatives.
• Internship and Job Placement Opportunities: Internships are a must-have for every MBA pursuer, as they build practical experience for the freshmen and help them gain attention during the final placement rounds. Therefore, you must check the programme's track record in terms of internship opportunities and job placement rates. A robust internship programme and a high job placement rate indicate that the programme prepares students well for the job market.

Tips for preparing and appearing for entrance exams

• Understand the exam pattern: You must familiarise yourself with the format, structure, and syllabus of the exam. This can be done by practising mock assessments and solving past year’s question papers to get an idea of what to expect.
• Create a study plan: A well-planned study plan will help you cover all the topics and rectify your mistakes before the final exams. You can break down the syllabus into smaller sections and allocate specific study periods for each. Try to get access to necessary study materials, including textbooks, reference books, online resources, and study guides, as all of these will aid you in your preparation.
• Practise time management: As time management is an important component of our routine work, be it completing assignments or preparing for exams, you must allocate specific time slots for each topic and practise solving questions within the given time frame. This will help you improve your speed and accuracy during the actual exam.
• Seek help: It is always advisable to seek help from your seniors, teachers, or professors if you have any doubts or need clarification on any topic or subject. This will remove all misconceptions and help you learn faster and more efficiently.
• Adopt a healthy lifestyle: A lot of people think that studying until late hours and skipping meals to study will help them score better. It is quite the opposite. Succumbing to a non-healthy lifestyle will negatively impact your productivity. Therefore, always ensure that you get sufficient sleep, eat nutritious meals, and exercise regularly, as following a healthy lifestyle will improve your concentration, memory, and overall well-being, thereby enabling you to study and perform better.

Career opportunities after MBA

Advantages of an MBA degree for specific industries or professions

An MBA degree can provide numerous advantages for professionals in various industries or specific professions. Here are some advantages of an MBA degree for specific industries or professions:

• Consulting: Since an MBA degree has the ability to help you develop strong analytical, problem-solving, and strategic thinking skills, you will have a lot of scope in the consulting business by working on diverse projects and offering strategic advice to organisations.
• Finance and Investment Banking: The finance industry places a premium on advanced financial knowledge and quantitative skills. An MBA degree with a finance specialisation provides a comprehensive understanding of financial markets, investment strategies, risk management, and financial modelling, making graduates well-suited for roles in investment banking, corporate finance, asset management, or private equity.
• Entrepreneurship and Start-ups: An MBA programme allows you to develop the knowledge and skills required to start and manage a business. It lays the foundation to create future entrepreneurs who are good at different things such as business planning, market analysis, financial management, and leadership.
• Marketing and Brand Management: As the demand for newer and more innovative products and services increases with each passing day, an MBA degree in marketing management and branding can provide a competitive edge to young professionals. It sharpens the skills and offers insights into consumer behaviour, market research, branding, digital marketing, and marketing strategy.

Scholarships and funding opportunities for MBA

Educational expenses have skyrocketed these days, and sometimes meeting these expenses can go beyond the capacity or capability of an average Indian household. As much as it is getting expensive, we cannot deny the fact that availing ourselves of quality education from top-tier universities can bring in an impressive return on investment (ROI) after the end of the programme. Therefore, one must look at the financial attributes related to the education sector as an investment and not just an expenditure. With that being said, we cannot avert the fact that not all of us can afford the high tuition fees of these specialised programmes; therefore, for those people, scholarships are a relief!

Scholarships or funding assistance can ease your financial burden and stress, thereby allowing you to focus more on your academics and excel in your programme. At JAIN’s CMS b-School, we understand the value and impact of financial assistance for the students, and that’s why we have come up with our scholarships to encourage extraordinary talent in six different categories.

Criteria for Application

ROI and Cost-Benefit analysis of pursuing MBA

However, we also suggest you conduct thorough research, consider your personal goals and circumstances, and weigh the potential returns and costs before making a decision. You can do this by speaking with our team of career counsellors and experts, who can help you assess your strengths and make sound decisions with respect to the industry that you choose, specific to your preferences and choices.

Role of internships in MBA programs

Internships play an important role in MBA programmes, allowing students to incorporate their theoretical knowledge into practical settings and gain real-time experience and corporate exposure from them. Although, the specific impact of internships may vary based on the industry, programme, and individual experiences, it is widely acknowledged that internships play a vital role in MBA programmes. They help to bridge the gap between theory and practise, enhance skill development, and facilitate career exploration and job placement for the budding business leaders of tomorrow.

We have listed down some sough-after benefits of doing these internships and industry projects in MBA programmes? Let’s discuss.

• Build a diverse chain of network: Industrial visits or internships provide you with life-time opportunities to interact and build bond with your trainers and other professionals working there. Besides learning from them, you can also create diverse network channels to benefit you in your future endeavours.
• Opportunity to convert your internship to full-time employment: Sometimes, your trainer or mentor becomes so impressed with your skill set (hard skills and soft skills) that he or she feels that you can be the right fit for a role in the organisation.
• Get first-hand corporate experience: Whether you are doing an internship or visiting onsite for your project, the practical exposure garnered during this time will provide you with first-hand corporate experience. When you meet new people every day and discover new roles and challenges in a practical setting, you understand the ground reality and get an idea of how to prepare yourself for the same.
• Bring in valuable industry feedback: After going through an internship or an industrial visit, you are rewarded with a certificate of experience that will help you make an impression on the recruiters during the hiring process. This valuable industry feedback will give you the competitive edge that will set you apart from your competitors.

Wrapping it up!

B.Tech graduates students can pursue their MBA degrees either from India or from foreign countries. However, before pursuing an MBA one should clear the standard entrance exams like CAT, MAT. Other entrance exams include XAT, SNAP, GMAT, CMAT, etc. These exams can be challenging and tough nuts to crack but one can clear the entrance exams by early preparations and proper dedication. Once you clear the entrance exams, the institute might call the student for group discussion and personal interview. However, many MBA colleges prefer students who have a minimum of 2-3 years of work experience.