A large number of well-reputed universities receive hundreds of students’ applications for MBA after their Engineering degree on an annual basis. It has become a normal practice that B. E, B. Tech, B.C graduates shift their career to Management Sciences since a decade ago.
In today’s era, where competition for employment has been raised than ever, it’s perceived quite difficult to solely depend on one specialization. It is not only difficult for new grads to get hired quickly but also observed for experienced employees in their career path progression; soon they find it necessary to enroll in the MBA program.
Moreover, the transition of the modern corporate world is not willing to rely on only the traditional set of minds and skills.
MBA is a program where students find opportunities to learn a different aspect of businesses, economy, management, problem-solving, and analytical reasoning.
If an individual opts for an MBA, he will get a better scenario of what will be his/ her career path in the future instead of vague and uncertain information.
Whereas, engineering degree provides you knowledge about technical skills but lacks in organizational and management practices. Due to this, many engineering graduates will have confusion where their career path will lead them.
While selecting an engineering program, most students do not know their interests and future goals and when they join any organization it gets tough to adjust in the office environment. Sooner or later they have to enroll in an MBA degree or a Management course for a better understanding of organizational setup.
Here you can read the scope or benefits of selecting an MBA after your engineering degree:
Sooner and better Job Opportunities
In the corporate sector, trends have been changed. Daily, the HR department receives the bulk of resumes for current and future vacant positions.
To stand out of crowd, technical and management degrees will build a good impression on a recruiter because there is more focus on multitasking, nowadays.
If you have an MBA along with your engineering degree, the recruiter will gain an idea that you can perform both the technical task and the management task.
In this way, you have a chance to meet person – job fit criteria.
It has been observed, an individual who has prior knowledge about the task and can deal under uncertain circumstances can be more confident and productive than a person who knows the task but unable to deliver according to certain criteria and policies.
Thus, the MBA will make you one step superior to other ordinary individual and you can easily move forward in your career ladder. Moreover, possessing two degrees open the door of early promotions, get high paychecks and you can also easily enjoy the benefits of a managerial position.
Broader Career Options
In a business degree, up to date and a wide variety of subjects is offered, which is both general and specialized. These courses are related to each department found in an ideal organization such as Human Resource, Marketing, Finance, Project Management, IT, Personnel Manager etc.
Thus, an MBA provides you a lot of options to widen your skyline and to move according to the changing dimensions of the world. You have multiple options if you want to enter the banking sector or can be hired as a financial analyst or can take HR as your career.
Better Interpersonal skills
An MBA degree holder knows the importance of interpersonal skills at an organizational level. He/ she will have a better understanding of how to interact, communicate and deal with different individuals of different personalities and mindsets. At managerial or team level, a person having this skill will better know how to complete the specific task/ project efficiently.
Start your own Business
MBA multiplies opportunities and success rates for you. If you have the expertise and have personal or acquired finance, you can easily start your venture and can multiply your profits.
In this way, you can be successful in making your position as businessman in a corporate division.
Transition in traditional thinking
MBA is a course with modern and innovative principles. It changes the typical thinking pattern of an ordinary person. During MBA, universities provide much exposure to students to visit different industries, solving case studies and arranging different events and managing different projects in teams.
Students develop in themselves different soft skills and that is very important if you want to be successful. For instance, learning of different business software, leadership skills, stress handling, communication skills and so forth polish their personality. Students can utilize their thinking capabilities to be productive.
Through MBA, you will get many chances to work with industry leaders, professionals, and innovators. With a better understanding of management subjects, you can create good relations with them and in other sense, you can craft your networks.
During your one career path, you want to switch your current company, then these networks or links can be utilized and you can work for them on better compensation packages, designations, and in better working environments.
MBA saves your Career
During engineering degree, many students soon lose their interest because of trouble in understanding complex and dry subjects. After their degree completion, they remain unemployable.
Moreover, they also face a lack of engineering jobs in the market specifically in some countries or find irrelevant jobs or remain unemployed or leave jobs soon after their joining.
But the MBA can save them from entering and growing in a dry career which they don’t like. They can easily find any managerial job as these jobs are widely available.
Forecasting of Business Market Trend
MBA degree when coupled with experience, you will able to analyze upcoming industrial moves or changing pattern which will be implemented at the organizational level later on.
So, this compels you to think in a broader aspect rather than gaining just a basic career position. This will make you a prominent, important and valuable employee of organization.
Do remember if engineering is a technical degree, then an MBA is a professional degree. Consulting career counsellor may bring good outcomes. There is no harm to make a switch if the results are fruitful in the long run. But, before that, you must identify your interest and goals, anticipate if the change is obligatory, and then take a bigger move.