Pursuing a Masters in Engineering versus Applying for an MBA
Fresh graduates from the Engineering stream often face the dilemma of what to pursue next-MS/M. Tech or MBA? After completing your graduation in Engineering if you have been working for about 4-5 years, it is practical to do an MBA thereafter. At least this has been the average choice to enhance one’s career so far.
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| MBA or MS after engineering |
A Masters in Engineering on the other hand will help to build up on the foundation that you have already had. This could also open doors to higher compensation in tech-friendly companies, especially if you are able to convince your employers of your new found skills.
When making a decision, choose with reasoning considering your priorities and career options rather than choosing randomly. Factors that come into consideration before making a choice are career goals, finances, aptitude, intelligent quotient and the amount of time you can give for studying. Students often seek advice from places like the education fair in bangalore to help them choose the path best suited for them.
When to Pursue an MBA
Especially if you wish to take up a managerial job or progress beyond a point, many companies insist that their candidates have an MBA degree. The MBA was designed to enable experienced engineers handle senior managerial positions for the daily functioning of companies. Within India, 70% of MBA candidates comes from engineering field. Top companies who hire fresh engineering graduates invest on a huge amount to train them in management. The general trend that we see in our country is engineers work for 2-3 years to gain experience and accumulate capital for an MBA course within India or abroad. They also use this time to prepare for the GMAT or CAT to get into a reputed b-school abroad or in India.
When to Consider a Masters in Engineering?
Students who are analytically and technically bent are more fitted to do a Masters in Engineering while those who have an interest in managerial and entrepreneurial field should opt for MBA. Students who want to continue with their education often pursue post graduation in engineering after their B. Tech. Opting for a Masters degree after graduating is relatively more affordable even abroad and overseas scholarships can be easily obtained. MBA turns to be an expensive course and competitive too. It is also not uncommon for some engineering students to pursue an MBA after completing a master’s degree in engineering to find newer ways to grow professionally.
Rely on your Inclination
An MBA initially might seem a lucrative option and a road to a big bank balance. Although the realities are different from what you think, it is completely upon the student’s inclination to choose between an MBA or Masters in Engineering after their graduation.
If they want a specialization in their field of education or they want to dive faster into career building. Therefore, it is best to realize which option is helps you best meet your aspirations.
Summary
Read this blog for some insights on choosing between an MBA degree and a Masters in Engineering after graduation.
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