In the last few years, it has become a trend among the engineers to pursue MBA after their engineering. Among the total number of test takers for MBA entrance exams, the major chunk comprises of B Tech/BE degree holders. In fact, when talking about facts and figures, it could be found that majority of the students in top notch MBA colleges are from engineering background. So, is it becoming imperative nowadays to have MBA degree after being an engineering graduate or are people finding lots of valid reasons to find MBA degree complementing the engineering one?
Let’s have a sneek peak. Here is some data depicting the percentage of students from engineering backgrounds at IIM A .
As we can see, almost 70% of the students are from engineering colleges. Around 52% are from the top engineering colleges such as the IITs, NITs, and BITS.
Since B factory conducts classes in the Mesra campus of BIT, I have had the opportunity to mentor many engineers there for CAT. One such student Prasun Shekhar (BIT Mesra graduate) chose to prepare for the CAT when he was in the 3rd year of engineering. He went on to join IIM Bangalore in 2019 and right now he has got his summer Internship in NESTLE. When asked about the swift drift from an engineering career to management, his answer was quite straightforward.
The decision he took was an amalgamation of the qualities he possessed. A pretty good analytical reasoning with leadership qualities were his strength which he wanted to mould into a degree or a job which requires an optimum use of these qualities. ”Being technical expert is fine but to make a great career one has to possess leadership qualities ” is what he had in his kitty before deciding to pursue the career in management.
There are other reasons as well why an engineer would go for MBA:
- An engineer who is in a technical role and wants to move up the hierarchy can pursue an MBA for a smooth transition to a managerial role.
- Engineers with a good product they’ve built and who wants to convert it into a profitable business venture can benefit from studying management and entrepreneurship.
- In a world that is technology-driven, engineers need to go beyond creating products to pricing them & putting them up in the market for what they’re worth.
Going through the job scenario nowadays we can see that most of the companies offer a hefty package to a guy possessing management skills. So, in a nut shell having a management degree after engineering is always a boon.