With the boom in the demand for management specialisations throughout the globe, gaining an MBA degree has become the next big thing. In this respect, a B.Tech qualification readies you in ways more than one to tackle challenging real-world situations that require a high level of problem-solving and critical analysis skills. It is vastly customizable and opens up opportunities in a variety of sectors including but not limited to Finance, Healthcare, Media, Aviation, Energy and the list goes on. This article will help you answer questions such as ‘Why MBA after B.Tech?’, ‘Why MBA after Engineering?’ and ‘Which is best after B.Tech MBA or MTech?’ and much more.
Is it Right for You?
Management courses were earlier thought of as fit for professionals with a few years of industry experience under their belt. That paradigm has changed. Now you can do an MBA even if you are fresh graduate or a seasoned industry professional. However, the favoured way if you are a graduate just out of college is to go for a 2 year MBA. Or else a 1 year MBA is more suited for someone who has already gained some insight working in a firm. Ultimately the decision rests with you and your career objectives.
Which is best after B.Tech MBA or MTech?/ Whether MBA is better or M.Tech after B.Tech?
While this is wholly dependent on your career objectives and interests, an MBA is a business-oriented course and an M.Tech is a core engineering course.
The process of getting admitted into a top level MBA after B.Tech comprises of:
- Fulfilling the eligibility requirements [qualifying degree, industry experience, etc. as required]
- Submitting GMAT/GRE and IELTS/TOEFL Test Scores [may vary according university guidelines]
- Submitting the Application Package [Statement of Purpose, Two/Three letters of Recommendation, Transcripts, Financial Support Statement (if applying for funding), etc.]
- Paying the requisite Application Fee.
MBA admissions more often than not conduct a Personal Interview stage in order to gauge whether you are fit for the class. At this stage, you will be asked questions such as ‘Why did you consider XYZ School?’, ‘How do you see yourself fitting in?’ and ‘What are short and long term objectives?’. Assured and well-thought responses no less than cement your chances of admission.
8 Reasons MBA after B.Tech is a Worthy Option
The following points shed light on the numerous respects why MBA after Engineering rewards you.
Amalgamation of Practical with Technical Skills
While a B.Tech centralises its course on the technical skills such as programming, data modelling, system design, communication, etc., following it up with an MBA provides you with the much-needed industry expertise and hands-on experience. You learn from professors who typically have both academic learnings as well as professional background. This is one of the foremost answers to the ‘Why MBA after Engineering?
Range of Options
An MBA degree is offered with a range of specialisations and combinations as mentioned below. Top colleges also offer dual degree and Executive MBA options, for instance, MBA/MTech and MBA/LLB to cater to the varied interests and aspirations of candidates. This becomes all the more advantageous for candidates who are looking to switch between fields or attain cross-discipline skills. Here is a table that lists down the various programs of MBA after B.Tech which will also help you answer whether an MBA is better or M.Tech after B.Tech.
|MBA Finance||MBA Human Resource Management||MBA Healthcare Management|
|MBA Fashion Management||MBA Media Management||MBA Aviation|
|MBA Event Management||MBA Insurance and Banking||MBA International Business|
|MBA Operations||MBA Strategy||MBA Consulting|
|MBA Marketing||MBA Information Technology||MBA Communication|
|MBA Entrepreneurship||MBA Engineering Management||MBA Rural Management|
|MBA Supply Chain Management||MBA Petroleum Management||MBA Business Analytics|
|MBA Product Management||MBA Interior Designing||MBA Accounting|
Whether MBA is better or M.Tech after B.Tech also depends on the fact that the focus of an MBA degree is naturally on the practical side of business. This method of learning, popularised by the Harvard Business School Case Study Method and numerous internship-based courses, places the candidate in actual scenarios and equips him to deal with such situations in future. Programs at top international universities offer projects, apprenticeships to students so that they can learn to deal with different business conditions through their experience.
Opportunity to be a Part of Top Universities and Companies
A major reason why an MBA is better or M.Tech after B.Tech is because MBA degrees form part of the catalogue of the some of the elite universities in the world. This includes the
- Harvard Business School
- Yale School of Management
- Wharton School, Pennsylvania
- INSEAD Singapore
- London Business School
- Booth School of Business, University of Chicago
- MIT Sloan
- HEC Paris
Further, top companies like Deloitte, Facebook, Google, Microsoft, Goldman Sachs are always on the lookout for management graduates across executive and consultant roles and responsibilities. Program developers at top management schools are constantly in touch with industry experts and leaders to replace or modify the modules of the course according to the requirements of the industry.
Become an Entrepreneur:
The scope of MBA after B.Tech is not limited to better employment prospects but also in nurturing your point of view as an entrepreneur. Starting out as an entrepreneur on completing an MBA after B.Tech is steadily becoming one of the most attractive career trajectories in the 21st century. You will learn how to start a meaningful venture and how to make crucial business decisions like
- Brining in finance
- Product development and innovation
- Hiring requisite professionals and scaling up.
Better Salary Packages
The question of why MBA after Engineering is also relevant in terms of the salary packages it provides to graduates. MBA graduates are invariably said to be valued more than others owing to the specific skill set it provides and the necessary background in resolving and tackling business situations. While the average salary package varies with industry and vertical, the employment ratio at top business schools around the world rarely falls below 90-95% with the rest opting for further education.
Route to Self-Enhancement
A management degree, by being highly customizable and flexible, aims to allow candidates to make the most out of the course and thus, increases the desirability and scope of MBA after B.Tech. Candidates are encouraged to work on their interests along with developing core business capacities such as
- Financial familiarity
- Business modelling, forming an enterprise and scaling up.
In addition to these, learnings also include how to adjust while working in a team, time and deadline management, problem-solving, organisational skills, leadership development, negotiation and like.. Qualifications such as CA, CFA, FRM are also widely popular and in demand.
Limitless Further Study Options
Along with increased job prospects and entrepreneurship potential, a small but emerging candidates choose to go for a second Masters after gaining certain years of experience or even a PhD. This goes to show that thescope of MBA after B.Tech for those who are looking to stay in academics is not any less. You can make a solid career in research as a Research professional or a Teacher/Professor as well.
An MBA after B.Tech is a new and enriching experience in itself. If the business aspect of things interests you and if any of the above points got you excited, you should go for it.