‘In India, you become an engineer first and then figure out what to do with your life’
Yes, you heard it right. Everyone is an engineer here. With 1.5 million engineers graduating from the 4000 engineering institutes across the country, a BTech degree doesn’t guarantee anyone anything. To survive in the highly competitive job market, you need something more.
It won’t be a problem if you’re really good at what you do. But, if that’s not the case, you should find another way to skip the queue. Better get something to add to your bachelor’s degree. Maybe, a postgraduate degree.
If engineering is your first love, MS/Mtech is your best bet. But what if it’s not? Let’s say you are someone who wishes to climb the ladder and you don’t love machines anymore. Then, it’s MBA for you.
What is MBA?
Master of Business Administration (MBA) is a globally recognized management degree program which is designed to develop the skills necessary for careers in business and management. It is one of the most sought after masters program today.
It’s not just the business world, but students from all academic fields look for admissions in top B-schools. In fact, 70-80 percent of the candidates who apply for CAT exams are engineering graduates. Here, we are going to discuss the advantages and disadvantages of taking an MBA after Btech.
So, why MBA after Engineering?
An MBA after Btech will make you more competitive
MBA after Btech is a deadly combo. It will equip you with the necessary skills to deal with both technical and managerial pressure. Knowledge of two highly sought after backgrounds will make you more competitive.
It will certainly give you an edge in the job market. Remember, nothing better than a blend of technical and managerial skills.
Of course, you have to be good at it.
MBA after Btech ensures faster growth
If you’re someone who wishes to skip the queue for promotions, an MBA after Btech can help you.
Most MBA graduates work at managerial levels. You get to start at middle level or top-level roles while it can take you years to get there with just a Btech degree. Moving up the corporate ladder will be easier this way. An MBA after Btech helps an engineer to develop team leading & group management skills to support his technical knowledge. Hence, those engineers who did MBA after Btech get promotions easily than those without an MBA.
And, you can’t go beyond a certain level with just technical knowledge. You’re more likely to get stuck in the middle level of an organization if you don’t have management skills.
MBA after Btech will get you better opportunities
It’s hard if you’re like everyone else. To have more opportunities, you have to stand out. And that’s exactly what an MBA degree does. With an MBA, you will get access to a broader career stream. Your expertise is no more limited to the technical side. It’s a perfect blend of technical and managerial knowledge. So, obviously, you will have more opportunities.
And from a company’s point of view, it’s not your expertise in the field, but also the ability to blend with the team. Thus, more doors will open before you if you do an MBA after Btech.
An MBA after Btech will get you a higher salary
What about adding a few more zeros to your salary?
If you think a Btech degree can’t get you a fat paycheque, go for MBA. It’s where all the money is, unless you’re an exceptional engineer. If you have an MBA from a reputed college to support your engineering background, you will earn a better package. Of course, numbers will depend on many other factors as well.
But, as we discussed earlier, MBA after engineering equips you with both technical knowledge and managerial skills. So, if you prove to be the right candidate, your employer will pay you for the additional skills you acquired.
Engineering develops technical skills in students, while an MBA prepares an individual to become a leader. It is a powerful experience that enhances the personality of an individual. Management programs inject communication skills and leadership qualities to technologically skilled professionals. The design of MBA programs require students to be punctual, develop a professional attitude, behave ethically and acquire a sense of corporate responsibility. Apart from that, various academic activities like team building sessions teach an individual to be a team player. It instills confidence and the ability to influence people among students.
Learn to deal with uncertainties
Most of us love to stick to our comfort zones. We often stumble when we face situations outside of that. But doesn’t matter what you’re into, things don’t always go as planned. As an MBA is meant to create leaders and the ability to deal with uncertainties is essential to become a leader, instilling confidence to work out of comfort zones is one of the primary motives of the program. The curriculum is designed to push students out of their comfort zones and experience the pressure of competition.
The world outside is dynamic, who knows it better than business schools?
An MBA after Btech will give you more control over your product
As an engineer, you develop a product, use your technical knowledge to polish it and pass it on to your company. From there, nothing is in your hands. How is it presented to the world? What’s the value of the product from a business point of view? Someone else decides all these things.
If you wish to have more control over these decisions, you need to be well through with the business model. Engineering won’t teach you that, but MBA will. It will give you more exposure to the business. An MBA after Btech will polish your analytical capability with strategic and quantitative skills and thereby help you climb the ladder.
Build your network
MBA curriculum allows you to widen your network. While doing your MBA, you will get to meet and interact with your peers in the industry. The relationships you make can help you later in your career. It can be either in the form of job opportunities or exchange of resources.
So, keep this in mind. If you’re doing an MBA after Btech, keep in touch with your contacts. Be it your teachers, peers or someone you meet during a conference. Anything and everything can help you. And if you secure admission in a reputed business school, you will have access to their alumni and other professionals in major positions.
You can be the next big thing
What if you’re an engineer who doesn’t want to be under someone? What if you got something to show the world? What if you want to be an entrepreneur?
You know about the technical side. You have a unique idea. You developed a product. But nothing matters unless you sell it. If you wish to run your own business, MBA after BTech is the sensible choice. It can help you understand the fundamentals of business that supplements the engineering and technical side. To make your product the next big thing, you need to find technical solutions keeping business in mind.
An MBA after Btech widens your reach
Are you someone who took up engineering just because someone else did? If you think that was a bad idea, an MBA can get you out. It’s a broader field. It prepares you to work in any industry. The world will be wider for you. If you are bored of machines and algorithms, an MBA after Btech can find you another place to go.
Why MBA after Engineering can be a risk?
After doing an MBA, there is no guarantee that you will end up in a technical field. Sometimes, the jobs you get will have nothing to do with what you learned during your BTech. MBA prepares you for general management. Unless your specialization has something particular to do with engineering, you won’t get much chance to use your technical knowledge at the job if you do MBA after Btech.
Remember what happened when you took up engineering? You got to know that everyone is doing the same. It can happen again.
That’s the bitter truth. Today, most engineers go for MBA after Btech. In fact, 94 percent of students who joined IIM Ahmedabad last year were engineers. Competition again!! So, if your aim is to get ahead of others, think about it once again.
Knowledge matters more
At the end of the day, no one will give you a job just because you have an MBA in your resume. ‘What you are’ and ‘what you know’ matters’. So, knowledge is the key. Doing an MBA after Btech is only one way of acquiring this knowledge. There is no use unless you get it right.
So, don’t go for an MBA after engineering thinking that someone will give you a job by just looking at your educational qualifications.
MBA adds value to an individual. Combining it with an engineering degree will create a deadly combo. But at the end of the day, it’s your life and you should make the decision. I hope the illustrated analysis have powered up your insights and have widened your perspectives about the advantages and disadvantages of doing MBA after Btech. Always remember that you make your own destiny. Make sure that you invest time and thought before making your life-changing decisions.
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