However, potentially great ideas can fizzle out if you dont launch them into the business world properly. Each year, the job market has a supply of good commercial people and good engineers or tech specialists, however, those who can bridge both are a rare find, he says. Quantic School of Business and Technology is licensed by the District of Columbia Higher Education Licensure Commission in Washington, DC and accredited by the Distance Education Accrediting Commission (DEAC). For GSB admissions application and eligibility requirements. The business environment is complex. Companies that have recently hired UC Berkeley MBA graduates who also have a master's degree in engineering include: Amazon, Apple, Ancestry, Boston Consulting Group, Citibank, Eli Lilly, Facebook, Genentech, Google, Intel, Intuit, KPMG, Marvell Semiconductor, McKinsey, Microsoft, MSCI, Uber and Workday. 5 Best Courses to Pursue After Electrical & Electronic Engineering (EEE After completing the Btech course and gaining a few years of experience, most of the engineering graduated appear for MBA entrance exams to get a seat in the best institute or course. Is it a good idea to do MBA after Electrical Engineering? : r/ECE Plus, many engineering graduates go for working in BFSI institutions after their graduation and an MBA in Finance aids in career growth. This can mean a fast track to leadership and can help you earn lucrative salaries. technical and corporate. Save my name, email, and website in this browser for the next time I comment. The choice between an MBA or a Masters in engineering comes down to your career goals. A Comprehensive Guide, How to Get Your First Software Engineer Job in 7 Steps, Understanding the Engineer With an MBA Career Path, An MBA Gives You a Deeper Understanding of Business, An MBA Can Give Weight to Your Entrepreneurial Drive, An MBA Helps You Switch to Active Learning Mode, With an MBA, You Can Tap Into Pedagogical Advancements, Quantic MBAs Have Already Helped Students To Advance Their Careers, Its Difficult to Find the Time to Complete MBA Classes, An MBA Wont Help if Your Career Has Already Progressed High Enough, An MBA Isnt Necessary if You Plan on Sticking to Technical Skills, MBA Course Curriculum & Syllabus for Engineers. Hence, MBA after Engineering is an incredible pathway for those always inclined towards exploring the commercial world. The pay after graduation forms a massive reason for it to be the most popular specialization. But now it feels like it s time to move up in the world, get more responsibility, and earn more moneybut whats the next step? Have you considered all options you have for that? 2002-2023, Graduate Management Admission Council (GMAC). Yes, you are eligible to pursue an MBA degree if you have a bachelors course degree in any field of study. How To Change Careers From Engineering to Finance I havent met too many technical engineers or people/technical managers with one. if(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[250,250],'workwut_com-large-leaderboard-2','ezslot_7',106,'0','0'])};__ez_fad_position('div-gpt-ad-workwut_com-large-leaderboard-2-0'); Naturally, highly experienced engineers are primarily attracted by the potentially huge pay rises they get by switching careers. "\u003cdiv gtag-script\u003e\u003cdiv id=\u0027div-gpt-ad-1635861382214-0\u0027\u003e\u003cscript\u003egoogletag.cmd.push(function(){googletag.display(\u0027div-gpt-ad-1635861382214-0\u0027)})\u003c/script\u003e\u003c/div\u003e\u003c/div\u003e". The MBA curriculum consists of presentations, industry visits, group discussions, and many other interactive activities to facilitate effective personality development. The greater the skill set, the greater the likelihood for your consideration. Professionals of this course are often required to talk to international clients and develop an understanding of the various cultural norms across the globe. It can open up new perspectives you might not have thought about before.. MBA/MEng - Berkeley Engineering save save Graduating from a bachelor's in engineering then studying an MBA later in your career is a well-trodden path. Especially if you have completed your engineering program in a specialisation you dont find yourself getting inclined towards, opting for a Master of Business Administration in a sub-field of your interest can help you turn the tides your way. Please verify. Why MBA after Engineering?- Updated 2020 Earning an MBA for Electrical Engineers: Is It Beneficial? Thankfully, there are options. Try our AI-powered College Finder. If your aim is to lead the organization in a position requiring a technical and business touch, you can lean towards an MBA degree to advance your career progression. Plot number, 1- C, Raipur Khadar, Sector 126, Noida, Uttar Pradesh 201313, Devonshire House, 60 Goswell Road, A college major has a big impact on income. Here are the top and lowest An MBA gives an engineer the knowledge to make strategic business choices and to fully understand the economic and human impact of those decisions, he explains. Do You Need an MBA to Become an Entrepreneur? MBA for Engineers Worth It to Advance Your Career? St. Ann's PG College for Women, Hyderabad, admission atSt. Ann's PG College for Women, Hyderabad. And I already accept the offer to work alternative 3 terms as a intern in Technicolor. At the same time, they can also build an efficient team that will help them run their enterprise smoothly and interact with potential customers togenerate the maximum possible revenue. if(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[300,250],'workwut_com-box-4','ezslot_6',104,'0','0'])};__ez_fad_position('div-gpt-ad-workwut_com-box-4-0'); For one, their lack of knowledge on many financial aspects means any company that employs them has to incur higher training costs than they would if they employed finance professionals. What was your biggest challenge you had to overcome . MBA in Operation Management is a great choice of course for a candidate who has a developed understanding of production planning. Yes, MBA after Engineering can be opted for given that you satisfy the admission requisites needed by your chosen university. Through this experience, you can move up the pecking order into a senior managerial post. An MBA is a great complement to an engineering degree and will make you a valuable and differentiated candidate for companies and recruiters. Enter for latest updates from top global universities, Enter to receive a call back from our experts, Scan QR Code to Download Leverage Edu App, Bridges the Gap Between Two Different Domains, Experiential Learning & Personality Development, Eligibility Criteria for MBA after Engineering. Matt is an experienced media professional, hes previously written for national news organizations including The Sunday Times and i News, as well as a number of regional titles. Moreover, an MBA after Engineering trains you with diverse skills and abilities, from helping you polish your communication skills as well as managerial dexterity, it also grooms you to become an incredible leader who can readily guide a team towards the set goals and objectives. Finance is a difficult subject and getting scores would not be all that easy. Hello, By proceeding ahead you expressly agree to the CollegeDekho. Some of the top recruiters at the university include Infosys, HCL, Asian Paints, IBM, Coca Cola, ITC, Deloitte, Amazon, Berger Paints, Federal Bank, Godrej, etc. Picture it this way; your career progression is akin to scaling a high-rise building. A-258, Bhishma Pitamah Marg, Block A, Graduates can pursue careers as product managers, product marketing managers, innovation managers, or start their own ventures. Marketing is one of the streams that require a good knowledge of the conventional processes while also encouraging out of the box thinking. What also helps make it a popular choice is that it a new and upcoming field which is being used by an increasing number of companies to shape their business models and drive growth. West Bengal, Indian School of Business Hyderabad Hyderabad, An MBA in Information Technology Management prepares engineering graduates for managerial roles in the IT industry. What are the benefits? In managerial terms, an MBA is somewhat similar to an MEM but it is important to determine which one is more suitable for the career path one wishes to take. As the saying goes, follow your heart and the money will come. The nature of a good MBA program follows an active learning path. In this concurrent program, you'll have the opportunity to complete nine MBA courses and five electrical engineering courses from your area of specialization. All rights are reserved. In a recent GMAC survey, 91 percentof corporate recruiters reported plans to hire MBA grads. You also get the chance to meet a diverse range of people, gain practical experience during company visits and internships, and even go on international trips. Check Out: Entrepreneurship Development Program. Constituting of a mix of Finance, Marketing and Human Resource Management, an MBA in International Business focuses on the study of foreign trade ranging from international human resource management and supply chain management to advertising and global compliance in exports. While MBAs tend to add a lot of value to your resume, no matter your background, employers place greater value on those who combine it with engineering, claims Steven J DeKrey, interim associate dean of MBA programs at HKUST Business School. If youre in a similar position, this article will give you all the essential information you need about each major so you can make an informed decision. Its no secret that the pharmaceutical industry is a lucrative one. It mainly depends on the field you want to explore to know whether MBA is the right option for you or MTech. Why Do So Many Engineers Go Into Finance? Second-year EE students and second-year MBA students may not apply for the MS/MBA Joint Degree Program. Despite engineering having more prospects and higher pay, an increasing number of engineers are switching over to finance, often at the peak of their careers. Best MBA options after electronic engineering. Yet many engineers are also turning to business schools for MBA programs to step up their management skills. But it has been observed in recent trends that many Engineering graduates opt for an MBA over MTech to explore the business and management domain, work towards their personality development and broaden their career prospects. Quiz: Find the Best Program for Your Personality, How to Make Your Business School Application Stand Out. You can also contact the college to know updates regarding the exam conduction. Is MBA After Engineering the Right Choice? Is it a good idea to do MBA after Electrical Engineering? SOP for an MBA with an Engineering Background The MIT Electrical Engineering and Computer Science (EECS) department offers an in-depth education in principles built on mathematics, computation, and the physical sciences. Freshwater, Sydney, NSW 2096, For EE admissions application and eligibility requirements. What Is Better: Finance Or Engineering? Details of MBA final year 2020 exam at St. Anne's PG College for Women, Hyderabad? Reddit and its partners use cookies and similar technologies to provide you with a better experience. Kerala, Jamnalal Bajaj Institute of Management Studies Mumbai, Reddit, Inc. 2023. While your study has sharpened your logical reasoning and rationale, an MBA kick starts you to resolve real-world issues. During an MBA, you can join clubs and organizations which specialize in a range of areasfrom engineering clubs to crypto organizations and even wine societies. Can Arts Students Break into Tech? The applicant must have completed a bachelors degree in any related field from a recognized academic institution with the minimum marks specified by their chosen university. The jointMS in Electrical Engineering/MBA Degree Program (MS/MBA)enables students to pursue simultaneously a Master of Science in Electrical Engineering and a Master of Business Administration at the Graduate School of Business (GSB). 1. You can continue to work quite comfortably with these credentials. First-year MBA students (including students enrolled in another joint program) who wish to apply for the EE-MS/MBA joint program must apply to EE through theannual general admissions process. Lets further explore some of the key benefits of studying an MBA after Engineering: Most importantly, an MBA degree covers a wide array of aspects that are integral to handling a business, be it finance, operations or solving varied problems in a strategic manner. Apply now to get started with Quantics online MBA program. Top MBA Specializations After Engineering: Some may argue that for a B Tech graduate who has had a couple of years of work experience, there is nothing better than an MBA degree. Applicants may elect to apply to both programs simultaneously or during their first year of graduate study at Stanford. MBA in International Business involves the study of the practices and processes involved in the running of a business on an international platform. With its roots widely spread in, Australia is a diverse country and remains a foremost choice for international students who are aspiring to higher, You must have come across the term CGPA quite a few times in your life and must have. After Engineering, the academic requirement for MBA is a basic bachelor's degree in engineering: B.E. This technical point of view usually plants ideas and concepts for new products and solutions in your mind. What after an MBA in Finance: Career, Scope, Salary and Jobs Amity University, Jaipur has great placement records. Plus, the course offers some of the best networking opportunities, chances of foreign travel and good career opportunities. Some engineers take a masters in engineering degree at this point to improve their technical skills. If mathematics has always been your favourite discipline and you have always been aspiring to explore the domain of finance, then this specialisation of MBA after Engineering might be the right one for you.