Today, most organizations 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.
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.
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:
- 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.
- 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.
- 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.
- 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
- 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:
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.