MBA after Engineering for Success in 2023 - Benefits, Scope, Salary, Colleges

October 9, 2024
MBA after Engineering

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BTech is the gateway to engineering as a career. A career after BTech can turn out to be fruitful. Students can gain excellent job positions like Electronic & Communication Engineer, Robotics Engineer, Nanotechnology, Software engineer, and more in their engineering career.

Based on a student’s knowledge and skills, the average salary of a B.Tech student ranges from 0.2- 4.5 Lakhs per annum.

However, according to a study, 48% of BTech engineering students are unemployed. Students look for alternate courses to prop up their BTech career. One of the frequently asked questions among BTech students is “What about MBA after Engineering?”

You must be wondering what the reasons to do an MBA after Engineering are. What are the benefits of an MBA after engineering? Is MBA easy for engineers?

This article can solve all your queries about doing MBA after engineering. So, let’s get started.

Why MBA After B.Tech?

MBA after Engineering

There are 75% of engineers aspiring for an MBA. After completing your BTech, you must be wondering what to choose, MTech or MBA. That’s a big decision indeed. Students often get confused about whether they should continue engineering or should opt for MBA and explore the management field.

MBA is a great career option for engineers since they know how to build products but MBA teaches how to market them. MBA after engineering helps engineers rise in the hierarchy and reach top positions. Various institutes require you to work for 2-3 years before pursuing an MBA after Engineering. This is because companies look out for professionals with more experience in the managerial field.

Now, you must be wondering why MBA after Engineering? Here are some of the reasons why doing an MBA after BTech is a good option.

  • Engineers crack management exams like MAT, CAT, CET, SNAP, XAT, etc easily. This is because it consists of logical reasoning and quantitative aptitude. Hence, you have a better chance at an MBA as a BTech graduate.
  • Students end up going abroad to pursue MBA after Engineering as there are a smaller number of reliable colleges in India.
  • Engineers often feel it’s safer to pursue an MBA. This is because it has more job opportunities and a promising income.
  • The number of passing engineering graduates every year is more than the number of jobs available.
  • A lot of universities offer BTech & MBA courses together as an integrated program.

Benefits of MBA after Engineering

A large number of BTech graduates head towards pursuing an MBA after engineering. The continuous changes in business models have given rise to multiple technological requirements. This has increased the demand for candidates having both management as well as technical skills.

There are several benefits of doing an MBA after Engineering. Let’s have a look at them.

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1. Global Recognition

MBA is a very common and distinguished degree worldwide. An MBA after engineering exposes you to vast alumni networks, high-end internships, and the best managerial job positions. It marks the beginning of one of the finest career opportunities. You get to meet various industry experts and have a great learning experience while building your career.

2. Placement Guarantee

Most of the time an MBA after BTech is considered a safe option. There is a placement guarantee. There is a wide scope of MBA after engineering as most companies consider MBA graduates over BTech ones.

3. Training & Development

MBA students are given a lot of practical training or field training with companies that hire them. Moreover, companies spend considerable time and money on training these employees. Most undergraduate courses don’t provide BTech students with proper field training or hands-on experience.

4. Become Your Own Boss

After engineering, many students pursue an MBA to grab top managerial posts in organizations, but some have different goals. Several students pursue an MBA to become entrepreneurs and start their ventures. MBA training includes business management, planning, marketing, financial management, and many other entrepreneurs’ skills which are required for running a business.

5. Career-switch

Do you feel that BTech is not for you and you are far better in the managerial field? The MBA program offers you to change your career option. You can pursue an MBA after doing a BTech or engineering to change your career path.

6. Flexible Study Options

Students often want to pursue a postgraduate degree and keep their job too, and an MBA offers this flexibility. Many colleges offer part-time and weekend MBA courses for people who need to gather some work experience and learn simultaneously. To sum up, this is how working professionals can polish their skills. This boosts their resume. You can also do this to learn and study simultaneously.

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7. New Skills and Expertise

An MBA after engineering will enrich your resume. It will teach you to master the best management skills you could apply to your job. Along with technical skills, a candidate gets to learn the multiple concepts of management studies.

8. More Career Options

The variety of subjects taught and introduced in an undergraduate course is quite narrow compared to an MBA degree. Degrees from most MBA colleges in India cover many core spectrums. It includes statistics, economics, HR, finance, IT, business, etc. Therefore, it leads to the right exposure and expands your horizons. You can expect excellent jobs in multiple business sectors.

9. High Income

Many BTech students tend to pursue MBA afterward because of an exciting income. Candidates with quality management skills and technical expertise are offered rewarding salary packages in the industry. The average salary after graduating MBA is about INR 8.48 Lakhs per year whereas, a BTech graduate earns an average income of INR 7.19 Lakhs per annum.

10. Credible Career Option

An MBA graduate has much more credibility in terms of position than employees of other courses. Thus, you would have a safer and more credible career path compared to other working officials. An MBA will better prove your specialization in a specific niche such as finance, business, IT, economics, management, marketing, etc. However, MBA after pursuing Engineering alone proves that you have specialized in one specific domain, which adds more value to your resume.

11. Work with Elite Global Brands

Most big global brands indeed hire professionals with management and technical backgrounds. The number of hired employees who have management as well as engineering degrees outnumbers those with any other educational background. Hence doing MBA after BTech can turn out to be very beneficial.

12. Higher Demand for Professionals

As technology keeps advancing and improving every day and is the future of our world, the demand for MBA graduates along with engineering degrees would keep growing. As technical and management sectors are the core of the establishment and growth of a company, the demand for professionals with these two degrees won’t ever cease to exist.

Recommended Read: Top 10 High Income Skills for a Better Career

Highest-Paying Job Profiles after B.Tech and MBA

MBA after engineering tends to be a rewarding option for BTech students. The blend of technical skills with management ideologies forms a business strategy. The traditional business modules are combined with the technological aspects of a business, which results in a flourishing business venture. This has raised the demand for candidates having an MBA degree along with a BTech degree.

Gaining Management skills along with technical expertise can land you thriving career opportunities. Technology and management ideologies are the base of a company’s work operations. Hence, having a firm grip on both domains fetches you high-end jobs with excellent salary packages.

Numerous reputed firms look for professionals with both management as well as technical skills. Engineering students pursuing MBA are the best-suited candidates for such job profiles. This has made pursuing MBA after Engineering a popular career option for BTech students. The salary package of a candidate doing an MBA after engineering is even more than the aggregate income of an engineering degree holder.

Here are some of the highest-paying job profiles after BTech and MBA:

Job ProfilesAverage Salary (INR PA)
Marketing Manager23 L
IT & System Manager29 L
Human Resource Manager18 L
Finance Manager30 L
Supply Chain Manager25 L
Operations Manager18.5 L
Sales Manager14 L
Risk Manager23 L
Transport & Logistics Manager20 L
Investment Banker28.2 L
Chief Technology Officer102 L
IT Director99 L
Investment Bank Manager30 L
Management Consultant35 L
Computer and Information System Manager13.8 L

Source: AmbitionBox

With constant changes in the skills and requirements in the industry, the salary package of these job profiles may even increase once you gain more experience in the field.

Which MBA is Considered the Best After B.Tech?

The answer to this question depends upon you. It depends on where your interests lie and where you want to develop your skills. If you want to explore some specific options, you can choose MBA after Engineering in Human Resources, Operations Management, Operations, or Product Management. These might be some good options for you to consider.

However, there are more options that you can opt for. You have to keep in mind your career objective, past careers, stream, passion, courses you did previously, and most importantly, a goal in mind. These are the complete list of the popular specializations offered in MBA-

  • Marketing
  • Finance
  • Business Management
  • Economics
  • Human Resource Management
  • Strategy
  • Leadership
  • Accounting
  • Technology Management/ IT
  • Operations Management
  • Business Analytics

Now, let us look at some of the best specialization areas for an MBA after engineering.

best specialization areas for an MBA after engineering

1. MBA in Finance

An MBA in finance is considered one of the most opted specializations in the MBA degree. The students are exposed to managerial decision-making, analytical thinking, coordination process, estimating profits and losses of a company/Industry, along with a centralized approach.

It helps engineering students develop good mathematical, logical, and analytical skills during their graduation. This further helps them easily understand subjects like Accounts and Economics as now you can co-relate the problems with practical scenarios. MBA in Finance focuses on maintaining a company’s budget, investments, security, factors of production, and working capital.

Top Job Profiles after MBA in Finance after BTech:

  • Wealth & Portfolio Management
  • Corporate Finance
  • Investment Banking
  • Risk Manager
  • Research Analyst

Average Salary of MBA in Finance after BTech: INR 3.50 Lakhs per annum.

2. MBA in Information Technology

MBA in Information Technology or MBA IT is a well-known specialization field in MBA. MBA IT is a two-year course at the post-graduate level. This MBA program aims at combining business strategies with modern concepts of project management, information security, and telecommunications. Engineering students get the opportunity to enhance their technical skills through this course. MBA IT enables a student to acquire skills for managing both IT systems and business ventures.

Top Job Profiles after MBA IT after BTech:

  • Marketing Manager
  • Analytics Manager
  • IT Consultant
  • Business Analyst
  • Project Manager

Average Salary of MBA IT after BTech: INR 6.40 Lakhs per annum.

3. MBA in International Businesses

An MBA in Internation Business teaches students about all aspects of import and export, including procedures and documentation involved to learn about import and export. This MBA program focuses on currency conversation, methods of approaching customers in foreign countries, fluctuation, and raising capital from the international market and distribution of the market. It helps you develop a cross-cultural perspective because you would be traveling around the world.

Job Profiles for MBA in International Business after BTech:

  • International Logistics
  • Foreign Exchange Management
  • Chief Executive Officer
  • Administrative Service Manager
  • Export and Import Management

Average Salary of MBA in International Business after BTech: INR 4.09 Lakhs per annum.

4. MBA in Marketing

An employee with technical and marketing experience is often considered because they add great value to the company. Being a marketing enthusiast with good engineering knowledge gets you excellent career options. An MBA after engineering in Marketing would help you understand consumer behavior, market behavior, aspects of advertising, and many more required skills needed to market any product or service. This MBA program after BTech is a good option.

Job Profiles for MBA in Marketing after BTech:

  • Asset Manager
  • Marketing Manager
  • Media Strategist
  • Product Manager
  • Brand Manager

Average Salary of MBA in Marketing after BTech: INR 3.58 Lakhs per annum.

5. MBA in Human Resource Management

If you believe you have good communication skills, confidence, a charming personality, and are dependable, then an MBA in Human Resource Management can be a perfect choice for you. As all industries need candidates for managing the human resource department to handle and settle various activities regarding the hiring of employees, training & development, salary settlement, maintaining the work performance of the company’s employees, and ensuring that all the activities are performed as per the company’s policy, candidates having MBA in HRM degree are demanded.

Job Profiles for MBA in Human Resource Management after BTech:

  • Technical Recruiter
  • HR Generalist
  • Compensation Manager
  • Staffing Director
  • Employee Relation Manager

Average Salary of MBA in Human Resource Management after BTech: INR 3.66 Lakhs per annum.

6. MBA in Operations Management

An MBA in Operations Management is the best-suited field for mechanical engineers. Hence, if you are a mechanical engineer and have deep knowledge of product designing and development and process optimization, you may consider an MBA in Operations Management after engineering.

Job Profiles for MBA in Operations Management:

  • Operations Executive
  • Operational Research Analyst
  • Plant Manager
  • General Operational Manager
  • Manufacturing Consulting Manager

Average Salary of MBA in Operations Management: INR 9.71 Lakhs per annum.

Steps to Apply for MBA After Engineering

  1. Students who wish to pursue an MBA after engineering in India, need to give entrance exams like CAT (Common Entrance Test), CMAT (Common Management Admission Test), or MAT (Management Entrance Test).
  2. Other management exams are XAT, CET, MET, and SNAP.
  3. A personal interview and group discussion rounds are conducted after entrance exams.
  4. Countries like Canada, Australia, and the USA are popular for their MBA courses. Exams like GMAT (Graduate Management Admission Test) and GRE (Graduate Record Examination) can help you opt for courses in these foreign countries.
  5. Some universities in foreign countries ask for work experience. Hence, if you are applying abroad, then you need a 2-3year of work experience. However, Good thing is that there are many colleges that don’t require work experience at all.

Why MBA after Civil Engineering?

A Postgraduate degree gives a much more specialized and more precise picture of a subject. MBA and civil engineering students combine marketing, business management, and project management subjects with Technology.

Graduates with both these degrees can get a well-recognized job profile in construction companies, builders, or construction material manufacturing industries.

If you have an MBA degree from a reputed institute, you can get a better job.

A lot of companies have positions requiring techno-managerial skills, which you can get only after completing an MBA along with an engineering degree.

In a nutshell, MBA after civil engineering will open up many opportunities for you. You can consider doing MBA in the following branches:

  • Real estate and urban infrastructure
  • Infrastructure management
  • Economics
  • Construction and project management
  • Construction economics

Also Read: What to do after Civil Engineering?

Why MBA after Mechanical Engineering?

MBA after mechanical engineering is a good option that you can consider as many recognized MBA streams are similar and relatable to mechanical engineering. Mechanical engineers are sound when it comes to logic. They are quick and quite creative, which helps them understand technology and mechanics apart from business knowledge.

Here are some reasons why an MBA after mechanical engineering is a good option:

  • Human Resources, Operations Management, and Product Management are a few specializations you can consider.
  • Higher Salary in comparison
  • Better and more career options
  • More knowledge of subjects and better work experience
  • A technical background helps graduates market technical products
  • You can become a business analyst and business developer of technical products.
  • Mechanical engineering graduates learn skills like business morals, marketing, finance, strategy, law, etc.

Also Read: What to do after Mechanical Engineering?

Top Colleges for MBA after B.Tech

Now, here is a list of the top universities for MBA within India and abroad where you can pursue MBA after engineering.

INDIA

  • Indian Institute of Management, Ahmedabad
  • Indian Institute of Management, Bangalore
  • Indian Institute of Management, Kolkata
  • Indian Institute of Management, Kozhikode
  • Indian Institute of Technology, Delhi
  • Indian Institute of Management, Indore
  • Indian Institute of Management, Lucknow
  • Indian Institute of Technology, Kharagpur, West Bengal

Source: NIRF India Rankings 2021: Management

USA

  • Stanford Graduate School of Business
  • Harvard Business School
  • Penn (Wharton)
  • HEC Paris
  • MIT (Sloan)
  • London Business School
  • IE Business School
  • INSEAD

Source: QS Global MBA Rankings: Global 2022.

These are some of the best universities for pursuing an MBA after engineering in India and abroad.

MBA After Engineering – In Summary

The above article clarifies why MBA after engineering/BTech is such a good career option after BTech. An MBA after engineering provides you a wide exposure to the management field along with technological expertise.

By now, you must have understood the various field of specialization available for doing an MBA after engineering. These specialization spectrums offer excellent job opportunities with high-end salary packages. Also, there are numerous highest-paying jobs that not only provide you with exciting salaries but also broaden your knowledge and skills in the domain.

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Frequently Asked Questions

Which course is best in MBA after engineering?

Generally, this depends on your area of interest and career goals, however, an MBA after engineering in Information Technology can be the best option for engineering students. This course combines traditional business strategies with modern technological concepts. Through this course, students not only gain knowledge about management studies but also gets to enhance their technical skills.

What is the salary of engineer after MBA?

A candidate having an MBA after engineering procures an enticing salary package. The overall income of an MBA degree holder after BTech is quite high than that of an engineering graduate. Engineers with an MBA degree earn around INR 7-8 Lakhs per annum as fresher. Their earnings increase with their experience. MBA after engineering even offers some of the highest-paying job profiles.

Is MBA difficult for engineering students?

MBA tends to be a beneficial career option for engineering students. Engineering students can clear the management exams easily. The subjects included in the syllabus of the management entrance exams are quite similar to that of the engineering syllabus. Hence it makes it a bit easy for engineering students to crack the entrance test for MBA after engineering.

Is MBA worth after B.Tech?

Yes, an MBA is definitely worth it after BTech. MBA after engineering has been a widely-popularized choice that students make after pursuing BTech. There is a wide scope of MBA after BTech degree holders in the industry. The combination of technical skills and management studies aids a business greatly. Hence pursuing an MBA is a good career option for BTech students.

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