“Gaddha nahi toh aur kya hai. Pehle engineering ki, phir MBA kiya aur ab US mein bank mein naukri kar raha hai”
Remember Suhas Tandon from 3 idiots? Yes, the price tag guy who gifts Piya a watch worth Rs 4 lakh. Rancho calls him a ‘Gaddha’ for taking an MBA after BTech. I know Rancho is awesome and he knows things. But, he is the actual ‘Gaddha’ here.
MBA after BTech is the new trend. In today’s world, it is a deadly combo everyone looks for. With job markets for engineers becoming highly competitive and toxic, it creates a perfect blend of technical and managerial skills to help you have an upper hand over your competitors.
But you shouldn’t just follow everyone else and take up MBA after BTech. There are a few things you need to know before making the decision. Why and when should you do it? What should be my specialization? Where to do it and where will it take you? I will help you answer these questions with this article.
Why MBA after BTech?
India has too many engineers. This country produces 1.5 million engineers every year. We’ve around 4000 colleges registered under AICTE. The increased competition has made the job market highly toxic. An undergraduate degree won’t get you anywhere unless you’re too good. MBA is a management course. It will add managerial skills to an engineer’s technical knowledge. This is one of the most sought out combinations in today’s world. Moreover, an MBA can fetch you more opportunities, higher salaries, and faster growth. It can also help you develop personally by improving your networking and leadership skills. So, you wish to have faster growth and more control, doing an MBA after BTech will be a good idea.
When to go for an MBA?
So, the decision is made.
You’re going to take an MBA after BTech. But, should I go for it right after my graduation or after working for a few years?
I won’t recommend going for MBA right after graduation. It’s always better to gain some relevant experience in the industry before taking up an MBA. You need to find out what’s the disease before starting the treatment. If you go into a business school without knowing what you need to learn and where you need improvement, you will waste all your time trying to figure that out. In order to understand a few concepts related to leadership, organizational management, and change management, you’ll need real-life experience in an organization.
You don’t want to sit in a classroom and wonder what is happening here, right?
So, it’s always better to work for some time, understand the environment, learn what needs to be changed and then join an MBA program. Moreover, reputed colleges consider work experience during the screening process. In fact, work experience is mandatory in most foreign universities.
Which specialization is the best in MBA after engineering?
There is no perfect answer. It’s person-specific. It depends on who you are, your qualifications, your interests, where you wish to go with your career and to what extent you want to get involved with the business-based operations of your company.
If you want to make use of your technical knowledge and take up management functions in technical role, engineering management, technology Management or operations management will be the best options for you. But only a few institutes offer these specialisations.
But if you’re not particular about staying close to the technical team and is more interested in organizational management at a higher level, it’s better to specialize in HR, strategy, finance, marketing, etc.
These are plenty of other options as well if you’re going for MBA after BTech. You will have to find out what’s best for you.
So, how to go about it?
There are plenty of business schools. I will choose the one where it is easier to get in.
If this is your plan, better drop it. You will be wasting your valuable time.
MBA is a globally recognized post-graduate program. If you’re to take an MBA, it better be from a reputed institution. Being an engineering student, you know how much the institution matters. Just like BTech, an MBA from low ranked institutions won’t leave with much to take back home. Moreover, the reputation of your institution matters when you attend the recruitment process of leading multinational companies. So, ‘Where’ matters a lot.
In India, IIMs offer the best quality education for MBA aspirants. IIM Bangalore, IIM Ahmedabad, and IIM Calcutta are the top three institutes in the country. Even a few IITs offer MBA courses. Among private colleges, Xavier’s school of management, SP Jain institute and Symbiosis institute of management are known for the quality of education.
Many engineers opt for MBA abroad. With many of the world’s best business schools, US is the global leader when it comes to MBA, followed by UK, Canada, and Australia.
Above all this, not all colleges will have the specialization you wish to take up. So, keep that in mind while shortlisting the institutes and courses you’re trying to get into.
How to secure admission for MBA in a reputed college after BTech?
MBA in India
As I said earlier, IIMs tops the list of institutes that offer MBA programs in India. You’ve to write CAT to get into IIMs in the country. One of the IIMs conducts this test every year on a rotational basis. Many major management colleges consider CAT scores for admissions. Top private institutes like Symbiosis institute of management and XLRI Xavier’s school of management conduct their own national level exams for admissions. Other popular entrance tests for MBA admissions are MAT, NMAT, and CMAT.
If you think you can crack the examination and get into one of the country’s premium institutes, go for it.
Taking an MBA from abroad has become very popular among BTech graduates. While it can surely give you an edge over an MBA from most of the Indian business schools, it’s much tougher to get into reputed foreign business schools. You need to clear IELTS or TOEFL to apply for reputed universities abroad. Though not a mandatory requirement, most institutes consider GMAT or GRE scores as well for admissions. But you’re more likely to get rejected if you apply right after graduation. Relevant experience is mandatory to get into MBA colleges abroad.
When it comes to the application process, a full-time professional degree is preferred by most business schools abroad. Your application should include your general information, your score in aptitude and language efficiency tests, statement of purpose, and recommendation letters if any. Applications are reviewed by an MBA admissions committee who then decides whether they should invite you for the interview. You’re most likely to face questions regarding your career aspirations and general behavior during the interview.
Now, where will an MBA after BTech take you?
An MBA after BTech will fetch you unlimited opportunities. If you wish to continue in the field of technology, you have options for that. If you choose to take up an entirely different role, you can do that as well. It depends on what your priorities are.
It’s not necessary that you should stick to the technology field. You’re open to the world and the sky is your limit. You just have to choose your specialization accordingly.
If you opt for finance as your specialization, you can take up roles such as financial analysts in accounting or financial planning. If you specialize in Human resources or marketing, you’ll be a good fit for senior management posts in human resources, sales, and marketing.
That doesn’t mean you can’t continue in the tech field.
In fact, you will have an edge in tech companies if your MBA is after BTech. You know more about the technological aspect of business compared to others. Moreover, you know what it is to be an engineer. So, companies will expect you to manage them better. Some of the options available to you are operations manager, product manager, data processing manager, chief technology officers, etc.
It’s also a great combination if you’re planning to become an entrepreneur. To make your product the next big thing, you need to find technical solutions keeping business in mind.
MBA is a highly sought after management postgraduate program. Doing an MBA after BTech is an ideal combination if you’re looking to take up managerial roles in tech companies. You should be aware of the advantages and disadvantages of choosing MBA after engineering before making a decision. For an MBA program, the college you study and your specialization matters a lot. Always remember that you make your own destiny. Make sure that you invest time and thought before making your life-changing decisions. I hope the illustrated analysis have powered up your insights and have widened your perspectives about choosing MBA after BTech.