Why should an engineering student pursue MBA after engineering is a question that has been asked a lot lately by prospective studentsMBA after engineering enhances your chance of making a bright career and expand your opportunities beyond just engineering responsibilities.
Despite the fact that B.tech in engineering is a satisfying and compensating field of study, Bachelors of Engineering don’t have the information or preparation to be considered for administrative positions from the get-go in their profession. They should improve their educational qualifications so as to be viewed as sufficiently able to hold managerial positions. One course which has become a preference for students hoping to improve their career prospects is Masters in Business Administration.
In the current job market, the prospective candidates include numerous students with the basic qualifications in engineering such as a bachelor’s degree in various streams. While such qualifications are the right start for a fresher, only an undergraduate degree fails to make an impact on the growth of their career and the career stagnates in the absence of an additional degree that marks the learning potential of a fresher. In an education scenario where literacy rates are jumping and the lowest educational qualifications seen on resumes of interviewed candidates are undergraduate degrees, an MBA has become a necessity for candidates who see themselves as successful professionals with a growing career in the next five years. A candidate with only a bachelors degree as his sole educational qualifications is seen as a person without ambitions lacking potential needed to help his company in the long run. This is where an MBA can make all the difference. An MBA from a reputed institution can be your bridge to greater possibilities and new responsibilities in your workspace.
During the recruitment process, individuals with a master’s degree, preferably an MBA that can help the candidate handle managerial tasks in the company are preferred by any company. An MBA degree puts the credibility behind your educational qualifications which can instill a confidence in you and your future employer that he is hiring the right candidate who is ready to tackle diverse portfolio of responsibilities when stationed with the company.
The most regarded course at the professional level which is searched after by bosses is a Master’s in Business Administration. The students of this course are viewed as knowledgeable in the abilities needed to deal with a business. This course has a holistic curriculum so as to make students prepared to handle all circumstances in a business climate.
Master’s in Business Administration is generally a 2-year course and is instructed in most reputed colleges around the world. In Odisha, the leading educational institution in Eastern India offering a 2-year full time MBA course that encompasses the different soft and hard skills needed to become an able manager and business man is CV Raman Global University. The course is intended to encourage students to master central subjects of business-like systematic bookkeeping and account maintenance, alongside administrative subjects like business analytics and Human Resource Management.
Here are some more reasons why MBA should be pursued as a higher education degree after a B.Tech in engineering.
- Develop flexible management skills-
Pursuing an MBA degree challenges you in your comfort zone. It will help you explore the latest trends in International Business, adapt to the newest management tools and techniques and learn to implement them in prospective companies, and help them to improve your business collaboration and outputs. An MBA also prepares you for a changing business environment and helps you tide over any career instabilities that other people experience. The business environment can be unpredictable and an MBA will help you change careers when it is favorable for you. An MBA will always be in demand and it can help you secure top leadership positions in your company regardless of which industry you belong to. Changes in the business environment can aid you in jumping to a leap in career instead of a setback that you would have experienced if you were only an undergraduate degree holder. It helps you improve your leadership and people management skills. An MBA education can help you tap into networking opportunities and building business connections. It helps you sharpen your critical thinking skills and take crucial decisions for your company.
- Different specializations in MBA-
Because of its popularity and availability in colleges and universities across the country, MBA has diverged into different specializations touching different niche sectors of business management. Specializations like general management, International business , strategic management, finance and entrepreneurship. IT management, Human resources management and consulting are also some popular specializations that can help you choose your field of business specialization and operation according to your aptitude and interest.
- Networking opportunities-
As an MBA student, you have incredible networking opportunities at your fingertips. You’ll communicate with individual students, teachers and faculty who hail from years of experience in the business management field. This network will profit your business when you are looking for new opportunities to expand and collaborate for greater revenue.
You can also access the alumni association of that specific MBA program. Your network will give you an incredible diagram of the business world. An MBA prepares you for a profound comprehension of the smallest changes in the business climate and find better approaches to adjust quickly to changes. Your contacts and associations can help you construct a shooting rise in your career and also aid in case you want to turn to entrepreneurship.
- Entrepreneurship and innovation–
An engineer has an inherent creativity that inspires him to pursue engineering in the first place. An MBA degree combines the creativity of an engineer with the strategical capabilities of a management expert to foster entrepreneurial spirit. Through innovation, engineers can be some of the most successful entrepreneurs and realise the dream of owning and running a business. An MBA is the crucial tool behind the advent of entrepreneurial ventures by engineers. The faculty at a management institute are often successful entrepreneurs themselves and can easily guide you towards the establishment of a successful enterprise from an idea of innovation. Many institutes like the prominent CV Raman Global university house incubation centers and innovation foundations that encourage entrepreneurships in their students.
- Highly rewarding salary–
A career after MBA can be a highly rewarding one with the highest salaries in the industry secured by managers. MBA graduates usually earn more than what undergraduates and other master’s degree holders earn. As an MBA graduate you can hold various job designations and the portfolio can be highly satisfying in a professional way.
- Thriving career opportunities-
MBA can help you make the jump to administrative posts in corporates from the usual engineering roles. An MBA is always relevant and so it is the choice of young engineers who do not want to stay restricted to one career sector and have ambitions of higher posts. As a budding engineer, you should first decide on the industry sector you want to work in and then do an MBA degree to complement that industry. This will give you a clear direction as to which MBA specialization you need to do for a well-defined career.
- MBA is not difficult to graduate from–
Numerous potential MBA students inquire as to whether a MBA is excessively hard for a normal engineer.The answer is that MBA is a challenging area of study but not difficult to complete. Success in MBA is a result of your attitude as your mentality makes up over half of your success at any rate. Instead of inquiring as to whether a MBA is excessively difficult, you should ask if you have the right attitude and intellect to master the craft of business management. An MBA can be difficult or easy depending on your approach towards it. An MBA degree is more about the implementation of business tactics than theoretical knowledge and successful MBA students and leaders are shaped by a keen business instinct. MBA sharpens this instinct and creates successful corporate leaders.
- MBA degrees do not have a bias against age-
While many different degrees look for an age limit when choosing students and prospective students of older age are often sidelined because younger students are given a better chance, MBA is one degree that values age and experience. Work experience in MBA is important and candidates with more work experience are preferred by leading institutions. As students with work experience tend to be older, it is perfectly acceptable for students belonging to a higher age bracket to pursue MBA. Even people who are already working for many years opt for full time or part time MBA to excel in their career. Thus, age can be an actual advantage for the students as MBA is the true example of learning has no age.
Many institutions in India offer MBA as an education option. The newest sub discipline of MBA in India is the MBA in Innovation, Entrepreneurship and Venture development. Very few institutions like CV Raman Global University offer the program that focuses on the development of entrepreneurs and innovators who can successfully start business ventures. CV Raman Global University is also the only university in Eastern India that has two incubator foundations on campus and actively helps it students become entrepreneurs.
Studying MBA in a reputed college is as important as choosing to do an MBA after engineering.