Choosing MBA after engineering is a very good choice as it helps in career advancement through various job roles in industries like consulting, product management, finance and operations. It allows the candidate to enhance their skill set which increasing their chances of salary hike.
Yes, choosing an MBA after engineering is a very good choice. It allows the individual to get their skills enhanced in a particular field. It further helps the candidate in holistic development.
In addition to technical and scientific knowledge, aspiring candidates can enhance their skills in planning, organizing, leadership, control, conceptual understanding, interpersonal management, decision-making, and problem-solving.
It further helps the candidate climb the corporate ladders, have a recognised degree, allow a hike in salary, enhance management skills, and develop the overall personality of the candidate.
Why MBA After Engineering?
An MBA after engineering opens the door to various employment opportunities. An engineer has technical knowledge, and an MBA degree adds and increases business expertise.
Earning an MBA After engineering is a very beneficial career move as big firms seek players who are market-savvy and can lead teams in the future. Companies need more than specific skills, so an MBA after engineering is a great choice.
Here are a few good reasons for MBA after engineering.
- Engineers are proficient at passing management exams as it requires strong analytical skills and a head for numbers. As a result, students can see a high probability of doing an MBA.
- Many engineers believe that getting an MBA is a more secure career path because of its higher income potential and greater job prospects.
- Numerous engineering students graduate each year, yet employment opportunities are few. Therefore, an MBA after engineering is essential if one aspires to top-level positions.
- Multiple colleges now offer engineering and MBA degrees as a combined curriculum, making it simpler for students.
- MBA can help broaden professional horizons, build professional and interpersonal skills, and develop a personality.
- MBA degrees also increase the chances of working with worldwide brands compared to other degrees.
- MBA after Engineering enables one to grasp business operations better and seek leadership roles in engineering-focused firms.
Top 5 Benefits Of MBA After Engineering
Many students opt for an MBA after engineering and are doing remarkably well. Obtaining an MBA might be a viable option for engineers who aren't feeling particularly inspired by their current profession. MBA students learn a blend of business and management skills to become influential professionals.
Given below are the top 5 benefits of doing MBA after engineering.
Offers a Broader Range of Career Options
One of the most significant advantages of doing MBA after engineering is that it opens the door to various job opportunities. MBA degree delivers a comprehensive learning approach, and graduates may work in any field.
Improves Managerial Skills
A good understanding of management concepts is a must in every professional setting. An MBA after engineering is a great way to get expertise in the many aspects of management, including planning, organizing, leading, and controlling.
Highly Acknowledged Degree
The MBA is a highly validated degree recognised worldwide. Many graduates may get employment at internationally renowned corporations by pursuing an MBA after engineering.
Promotes Corporate Advancement
Getting an MBA after engineering provides a competitive advantage when applying for managerial positions. MBA degree also influences position in the corporate sector due to exceptional skills gained during the course.
High Paying Salary
MBA after engineering income package is outstanding, which is why so many individuals seek one. Graduates with MBA earn 7 to 8 LPA as freshmen and more with skills and experience.
Also Read on Advantages & Disadvantages of MBA
Top Specializations For MBA After Engineering
MBA after engineering curriculum offers various specializations from which students may select. All MBA programmes follow a universal first-year curriculum and the second year focuses mainly on the chosen specialization. Human Resources, Marketing, and Finance are the MBA specializations most often provided by b - schools.
Below is the complete list of common MBA specializations.
|
MBA Specialization |
Course Fees (INR) |
|
2.5 - 9 lakhs |
|
|
3 - 18 lakhs |
|
|
5 - 17 lakhs |
|
|
11 - 15 lakhs |
|
|
55k - 9 lakhs |
Other prominent MBA specializations for engineering graduates are:
- MBA in Human resource
- MBA in Data Science
- MBA in Communication
- MBA in Computer Science
- MBA in Banking and Finance
- MBA in Quality Management
Read More: Top 7 MBA Specialization in India
MBA After Engineering: Eligibility Criteria
To enroll in an MBA after engineering course at a top-tier institution, one needs to meet specific requirements, which may vary by specialization and institution. For those considering an MBA after engineering degree, below are the minimum requirements to keep in mind:
- The candidate must have a bachelor's degree from a recognised institution with the minimum grades required by the university.
- To be considered for an MBA after engineering, one must upload your CAT or equivalent exam score. MBA admission is majorly determined by standardized tests such as the CAT, CMAT, MAT, XAT etc.
- Shortlisted applicants will be invited to participate in a group discussion and personal interview.
- Many colleges prioritize students with relevant job experience as one of the essential eligibility criteria.
MBA after Engineering: Admission Process
MBA after engineering admissions process involves shortlisting students based on entrance test scores, WAT, GD, and PI. The best B - schools have rigorous admissions standards and might differ based on the course and institution chosen.
Take a look at how to apply for an MBA after engineering admissions 2022 below.
- Step 1- Applicants must first pick an institution and the entrance test that the college accepts.
- Step 2- To apply to any institution, students must first complete and submit an online application form. Students may pay the MBA application fee online.
- Step 3- Students must then appear for the entrance exam and get the required cutoff score to be eligible.
- Step 4- The final selection procedure will include WAT and PI for the chosen applicants once a merit list is released.
- Step 5- Students may engage in admission counseling after the exam result is released online.
Read More: MBA Admission
Top Colleges For MBA After Engineering
When selecting a college for MBA, one must bear in mind the goals, interests, previous coursework, and most notably, a vision. Following is a list of the best institutions for an MBA after engineering:
|
Top Colleges For MBA |
Fees (INR) |
|
21 lakhs |
|
|
19.5 lakhs |
|
|
23 lakhs |
|
|
17 lakhs |
|
|
16.5 lakhs |
|
|
25,000 |
|
|
19 lakhs |
|
|
13.50 lakhs |
|
|
16.4 lakhs |
|
|
8.5 lakhs |
|
|
4,000 |
|
|
8 lakhs |
|
|
27,000 |
|
|
4 lakhs |
|
|
21,000 |
|
|
18 lakhs |
|
|
4 lakhs |
|
|
3.8 lakhs |
|
|
20 lakhs |
|
|
5 lakhs |
MBA from IIT
Top IIT colleges for MBA after engineering along with fees are as follows:
|
Top Colleges For MBA |
Fees (INR) |
|
8.50 lakhs |
|
|
11 lakhs |
|
|
8 lakhs |
|
|
10.5 lakhs |
|
|
10 lakhs |
|
|
4.5 lakhs |
|
|
4 lakhs |
Read More : Top MBA Colleges in India
Job Opportunities For MBA After Engineering
Choosing to get an MBA after engineering expands your employment prospects. With developing infrastructure, agricultural, industrial, and other government projects, there are various jobs for MBA graduates. A student with an MBA can efficiently operate in the public and private sectors, including banking, IT, consulting, business, marketing, manufacturing, etc.
Candidates with an MBA after engineering may choose from a variety of jobs, including:
|
Job Roles |
Average Salary (INR) |
|
Business Analyst |
7 lakhs |
|
Marketing Manager |
7 lakhs |
|
Management Advisor |
12 lakhs |
|
Financial Consultant |
4 lakhs |
|
Investment Banker |
10.5 lakhs |
|
IT & System Manager |
29 lakhs |
|
Human Resource Manager |
18 lakhs |
|
Supply Chain Manager |
25 lakhs |
|
Operations Manager |
19 lakhs |
|
Sales Manager |
12 lakhs |
|
Risk Manager |
20 lakhs |
|
Transport & Logistics Manager |
15 lakhs |
|
Computer and Information System Manager |
14 lakhs |
Also Read: How to Balance Job and MBA Alltogether?
