MBA after Engineering

Pursuing MBA after Engineering, what is all this buzz?

MBA after Engineering is in the trend for a reason!!

As per the data, an MBA after Engineering can help you climb up the corporate ladder in a comparatively lesser time frame. An MBA is specifically helpful for candidates who want to pursue a career in Management. It constitutes a perfect amalgamation of Business and Management skills to equip them to serve as valuable professionals in their respective fields.

Do you know that pursuing an MBA after Engineering is not difficult? If you are also planning to pursue an MBA after Engineering - this blog is for you. 

Why Pursue MBA After Engineering?

Every year, thousands of Engineering graduates enrol in top-tier MBA institutes to pursue a Management degree, and there are various reasons behind their decision. Here are some advantages of pursuing an MBA after finishing your Engineering degree.

1. Abundant career opportunities: An MBA degree opens the door to various career options by training candidates with the right business acumen skills. Engineering graduates especially have expertise in the technical domain, and gaining an MBA degree will further boost their profile to get employed in any field of their choice.
2. Skipping the hierarchy: Most MBA graduates directly start their careers at management-level positions instead of entry-level. You can go for an MBA if you want to reach the management level directly.
3. Flexible courses: Most institutes offer integrated MBA tech degrees. This program includes BTech and MBA courses together as an integrated program.
4. Competition in the market: The number of Engineering jobs available is far less than the number of Engineering graduates.
5. Easy to crack top-level exams: BTech graduates can get into any top-level MBA institute as they have the relevant skills and potential to crack management exams.

Benefits of MBA After Engineering

Besides the increasing demand for candidates with technical and management skills, there are many more benefits of pursuing an MBA after Engineering. They are given below.

1. Less Competition: Most top-level international brands hire candidates with both technical and management skills, and the best part is that very few candidates fit this criterion. It proves that pursuing MBA after BTech can be a way to skip the competition.
2. High income: It has been observed that most candidates pursue MBA to increase their package as candidates with technical and management skills get rewarding packages.
3. Switching career: If you are not happy doing technical work and want to change your field, an MBA could be a game changer.
4. High Placements: Most MBA colleges offer guaranteed placement. Also, there are ample career opportunities as companies always keep hunting for talented MBA graduates.
5. High demand: With the boom in technology and management sectors, the need for candidates with these skills is also increasing, which makes you a future-ready professional.
6. New skills and expertise: An MBA degree equips you with top-level management skills that will enrich your resume best. 

Which MBA Specialisation is to be Considered After Engineering?

This question has no correct answer because it depends entirely on your goals, expertise, and interests. From Human Resources to Engineering Management, Finance and Marketing, there are a ton of specialisations to explore in the MBA. Here are a few of the most preferred MBA specialisations among candidates after completing Engineering.

• MBA in Finance: MBA in Finance is among the most preferred specialisations among Engineering candidates and the most opted MBA specialisation in general. It involves a heavy load of Mathematical and Analytical concepts that Engineering students can grasp quickly, provided their experience and background. This MBA curriculum focuses on in-depth information about the management of finances, factors of production, budgeting, investments and capital, and more. Engineers are well-trained to decode complex technical problems, and MBA in Finance makes them learn financial concepts that become a perfect combination of skills for corporate employers.

• Business Analytics: With 2.5 quintillion bytes of data generated every day, organisations all over the globe are investing huge chunks of money and are continuously looking for potential candidates who can help them solve their business problems by analysing this data. There is high demand for data experts who know the technical aspects of analytics and data and understand business concepts. For this, Engineers with MBA degrees are the best suited to help companies make smart investments and decisions in analytics-driven ventures.

• MBA in Marketing: Marketing is the core department of any business, which implies, there is always a huge demand for Engineers with Marketing specialisations. Marketing graduates require strong Analytical and Mathematical skills to do fair negotiations and should also understand consumer behaviour, branding, advertising, and other skills to increase revenue. A candidate with an Engineering background and marketing expertise is highly respected and sought after in any organisation.

• MBA in International Business: With the boom in globalisation and international trade, an MBA in International Business is the correct choice for candidates who want to make their career in big corporate giants. It includes a perfect amalgamation of Finance, Marketing and Human Resource Management. An MBA in International Business focuses on foreign trade, from international business, finance and marketing to branding, global compliance, and much more. If you have an interest in exploring businesses at a global level, then without any second thoughts, you can go for an MBA in International Business. The course will offer you to explore different opportunities in the fields of Export-Import, Compliance Management, Global Marketing, and more.

Top Universities to Study MBA Abroad

It is always a good option to pursue your studies abroad as you will get to choose from several specialisations. It will be helpful to get a list of the best universities. Here are the top universities for an MBA across the world.

Eligibility Criteria for MBA after Engineering

The eligibility criteria for MBA after Engineering can change depending on the university you choose. They are given below.

• Bachelor's degree from a recognised university.
• Proof of proficiency in the English language.
• Work experience of 3-5 years.
• GMAT and GRE scores as per the university requirements.

Admission Process for MBA after Engineering

An MBA after Engineering is the most sought-after degree. It will be helpful to get the admission process to be followed if you have to apply for an MBA after Engineering. The same is given below. Admissions here take place based on GMAT, TOEFL, and IELTS scores. If you are planning for an MBA after Engineering, start looking for colleges/universities at least 12 months before seeking admission.

Here is the admission process you need to follow.

• Start selecting the universities based on your requirements.
• Shortlist the universities if you fulfil their eligibility criteria.
• Collect the necessary documents and apply for the required exams.
• Finally, submit the application form and wait for confirmation from the university.

To secure admission to an MBA program abroad, you must have the following.

• Bachelor's degree from a recognised institute.
• 3 to 5 years of work experience
• Language proficiency

Apart from the above-mentioned criteria, there are other documents that you need to provide to fulfil the admission requirements, which include

• Proof of funds
• Updated CV
• Passport
• Study visa
• Letter of Recommendation (LOR)
• Statement of Purpose (SOP)

Also, keep checking the university website for all the updates on the application. 

MBA after Engineering: Tuition fees

Pursuing MBA from abroad is a dream of many students, but it can be expensive, as the fees shoot up from INR 80 lakhs to even a few crores. However, most students take this financial commitment looking at the high return on investment. If you are also planning for an MBA after Engineering, here are the top MBA colleges abroad with fee structures.

Jobs & Salary for MBA after Engineering

Pursuing an MBA after Engineering opens up the door for several career opportunities as the applicant can then apply for technical and managerial roles. Also, an MBA opens up opportunities to work in both public and private sectors, such as banking, IT, consulting, business, marketing, manufacturing, etc. Some top job profiles for candidates who have completed an MBA after Engineering are listed below.

We hope that the details mentioned about MBA after Engineering gave you a close analysis of what you need; for further inquiry, you can get in touch with AECC counsellors to get your queries answered today. Our blogs cover everything related to studying abroad that can help you turn your dream into reality and build rewarding careers. You'll find career guides, excellent admission counselling, scholarship guidance, and more to bring your international education dreams to life.

If you wish to learn more about pursuing an MBA after Engineering. AECC has been assisting students to achieve their study abroad dream for several years. Don't hesitate to contact us for free assistance!

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