MBA is a multi-faceted, professional 2-year degree and one of the highly sought after options among students from different academic backgrounds. It has been a rising trend among students from engineering background to apply for MBA abroad after engineering especially those who feel stuck in their jobs as engineers and wish to climb the corporate ladder. More and more students have realized the value of a dual degree, especially one where you get the opportunity to combine engineering with management.
Confused whether and why MBA after BTech is an option worth considering? In this blog, we have discussed MBA abroad after engineering with its benefits, types, top universities, popular specializations, application process, job and salary prospects and more. So read right till the end and make an informed choice for your future.
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Why Pursue MBA After Studying B-Tech?
If you are looking for answers to why MBA after BTech, here are few reasons:
- Globally valued: MBA is a dynamic degree which can be combined with other fields and is a degree valued globally among employers worldwide. With the advancement in technology and fast-paced business world, the need for high-spirited individuals with potential is growing.
- Demand of dual specialization: There is always demand for skilled professionals and those who can hone skills from two different fields that have great value together.
- Opportunity to work with global brands: Top IT companies including Apple, Amazon, Facebook, Deloitte, Microsoft, etc. and many more names among the Fortune 500 companies look for those who have technical as well as managerial expertise.
- Higher salary: Employers will readily agree on giving you lucrative salary packages if you are multi-talented and come from renowned business schools. The average salary after MBA abroad is around $120,000-$150,000.
- Improved career prospect: There is nothing that can stop you from taking your career to new heights which is what attracts students the most to pursue MBA after BTech. If you are tech-savvy and ambitious, you can even start your own business and go ahead as an entrepreneur even in India.
- Personality development: The curriculum of MBA focuses more on personality development and traits like leadership, self-confidence, communication skills, presentation, organization, teamwork and practical aspects of management.
Suggested: Types of MBA specialisations abroad
Types of MBA Abroad After B-Tech
Now that you know why MBA after BTech is highly coveted, let us understand the different types of MBA programs. Depending on whether you are interested in a full-time or part-time MBA after BTech and how flexible you want your program to be, there are various options available, take a look:
- Full-time MBA: Full-time MBA is the regular MBA program opted by majority of students especially those enrolling right after completing a bachelor’s degree.
- Part-time MBA: Part-time MBA allows you to work while studying as the classes are quite flexible. The regular MBA program can be completed in 2 years while the part-time MBA program can take up to 4 years to complete.
- Online MBA: The curriculum and rigor of classes in online MBA is same as full-time MBA. The difference is that you will be taking classes online but not all specializations may be available in online mode.
- Executive MBA: EMBA is ideal for individuals with 5-15 years of work experience as it is seen as a pathway to senior level management positions. The classes for this type of MBA are very flexible and held only during weekends.
- Distance MBA: Distance MBA or correspondence MBA, as the name suggests is a remote MBA program which is taught in virtual mode without any physical classroom. This type of MBA is suitable for ones with good enough work experience otherwise the program will be difficult to catch up with.
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How to Apply for MBA After Engineering?
The first decision you have to make is whether you want to pursue MBA after BTech in India or abroad. The process to apply for an MBA after BTech is similar to the application process to all other candidates. You can go ahead by following the steps discussed below:
- First of all, shortlist B-schools that you wish to get into and check details regarding their application process, eligibility criteria, class profile, etc.
- As a prerequisite for MBA you have to clear entrance exams such as GMAT or GRE. The higher your scores on these exams, the better are your chances of admission.
- While preparing for these exams you can make up your mind regarding which specialization you want to enroll in. Apart from the traditional MBA specializations, you will find a plethora of areas to explore.
- Apply to various shortlisted B-schools as soon as possible after applications are open.
- You will be invited to evaluative interviews and group discussion before the final selection process.
- Collectively, your application along with all academic credentials, SOP, LORs and performance in interviews will be evaluated and you will receive admission offers.
- Top B-schools abroad are more keen on admitting students with prior work experience of at least 2-3 years. On the other hand, there are institutions who welcome students with a good academic profile even without work experience.
List of Top MBA Universities
No doubt MBA abroad after BTech has its own advantages. If you have made up your mind why MBA after BTech is the ideal career choice for you, aim for one of the most coveted MBA universities abroad to make a flourishing career. Take a look at the top 10 universities for MBA abroad after engineering:
|
University |
QS Rankings |
|
Stanford Graduate School of Business, USA |
1 |
|
Harvard Business School, USA |
=2 |
|
Wharton School of Business, USA |
=2 |
|
HEC Paris, France |
4 |
|
Sloan School of Management, USA |
5 |
|
London Business School, UK |
6 |
|
IE Business School, Spain |
=7 |
|
INSEAD, France |
=7 |
|
Columbia Business School, USA |
9 |
|
IESE Business School, Spain |
10 |
Top MBA Specializations After BTech
Here is a list of top 10 MBA specializations that students can pursue after completing BTech:
- Finance
- Marketing
- Human Resource Management
- International Business
- Operations Management
- Information Technology
- Entrepreneurship
- Supply Chain Management
- Retail Management
- Business Analytics
Job Prospect and Salary Structure of MBA After BTech
You must be eager to know what types of jobs they will get once MBA abroad after Btech is completed. Definitely your worth and competency will improve a lot after you get a professional degree like MBA combined with engineering knowledge. You can expect to be hired by some of the top international companies such as Amazon, Google, Facebook, Deloitte, Accenture, Oracle, etc. Discussed below are the job roles that you can be hired for after getting an MBA+engineering degree and your average salary expectations:
|
Job Titles |
Average Annual Salary (in USD) |
|
Business Analyst |
$125,000 |
|
Financial Analyst |
$126,000 |
|
Product Manager |
$124,000 |
|
IT Manager |
$163,000 |
|
Operations Manager |
$112,000 |
|
Senior Manager |
$157,000 |
|
Chief Technology Officer |
$143,000 |
|
IT Director |
$164,000 |
|
Technical Project Manager |
$122,000 |
|
IT Product Manager |
$151,000 |
Suggested: Jobs and salary after MBA abroad
Now you must have an answer for your question: should I do MBA after BTech? Yes, it is surely a career worth considering. A professional degree like an MBA will provide you with a platform to grow and great job opportunities. It will also prove to be a turning point in your life, if you are someone with creative ideas and innovation and are looking for an opportunity to market it into a successful product and turn an entrepreneur. We can say that an MBA after BTech will be a cherry on top and a ladder to success. Connect with Yocket experts to begin your study abroad journey!
