MEM vs MBA Abroad: All About Master of Engineering Management vs MBA to Study Abroad Image
MBA: The Why, The Whats & The Hows

MEM vs MBA Abroad: All About Master of Engineering Management vs MBA to Study Abroad

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Yocket Editorial Team
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When it comes to getting a postgraduate degree in management, the MBA is the first option that everyone considers. However, other management degrees train students for full-fledged managerial roles. A Master in Engineering Management is one such postgraduate degree (MEM). Although MEM is a management degree, it is not the same as an MBA. Many individuals are perplexed by the distinction. There is a fine line between the two terms, which must be understood. Continue reading this blog to learn more about MEM vs MBA, including a lot of other details like MEM vs MBA salary, etc.

Table of Contents 

  1. Overview of an MEM 
  2. Overview of an MBA
  3. Difference between MEM vs MBA 
  4. List of Top Universities for MEM and MBA 
  5. Scholarships for MEM and  MBA 
  6. Career Opportunities after Pursuing MEM and MBA
  7. Frequently Asked Questions about MEM vs MBA 

Overview of an MEM

Masters of Engineering Management (MEM) is a professional post-graduate course that helps to make a connection between engineering, management, and technology. The Masters in Engineering Management, also known as the “Engineer’s MBA,” is an excellent choice for engineering grads who want to strengthen their technical skills with business understanding and advance to a higher managerial level with a technology base.

Top specialisations offered under MEM are: 

  • Strategic Leadership and Management
  • Construction Management
  • Software Product Management
  • Conflict Management
  • Leadership Development for Engineers

Overview of an MBA 

The Master of Business Administration (MBA) is a well-known management degree course that educates students for positions in management. MBA is currently one of the most popular professional degrees on the earth, assisting students in developing relevant abilities.

Some specialisations offered under MBA are: 

  • General Management
  • International Management
  • Strategy
  • Finance Leadership
  • Entrepreneurship

Suggested: Difference between MBA and an EMBA 

Difference between MEM vs MBA 

When talking about MEM vs MBA, and particularly the difference between MBA and engineering management, one should know that both MEM and MBA have certain differences in terms of eligibility, teaching method, course duration, and others. It is better to have a complete idea about the same. 

Given below are some key differences between master of engineering management and MBA: 

Basis 

MBA

    MEM

Eligibility

Skilled professionals

Recent graduates

Age

The average age of the candidate is 27 years

The average age of the candidate is 23 years

Teaching style

Practical approach

Theoretical learning

Curriculum goal

Earning industrial knowledge

Starting with the basic level

Tuition fees

High

Medium

Course duration

2 years

10 to 12 months

Job opportunities

Mid-level position

Entry-level position

Average Salary per Annum 

45,569 USD 

20,135 USD 

Suggested: Cost to Study MBA Abroad 

List Of Top Universities to Pursue MEM and MBA 

Given below is the list of top universities to pursue an MEM: 

University 

QS World Ranking 2022

Annual Fees (in USD)

Washington University

31

71,003

Pennsylvania State University

96

52,987

University of Melbourne

37

52,447

University of Birmingham

90

18,015

Suggested: Know All about MEM in Canada  

Almost every other university and college globally offer MBA courses under different specialisations. Given below is the list of top MBA colleges across the globe: 

University 

QS World Rankings 2022

Annual Fees (in USD)

Stanford Graduate School of Business

3

12,717

Harvard Business School

1

55,107

INSTEAD

2

1,07,902

IE Business School

14

21,195

University of Oxford

2

12,500

 Scholarships for MEM and MBA 

When differentiating between MEM vs MBA, students can seek scholarships or grants offered by universities to pursue both MBA or MEM programs. 

These scholarships can help in bringing down the cost of the course. Some of the highly popular scholarships to distinguish master of engineering management vs MBA are: 

Scholarships for MEM 

Scholarships for MBA 

Narotam Sekhsaria’s Scholarships

Global Study Awards with the grant of USD 10,597

K.C. Mahindra Scholarships For Post-Graduate Studies Abroad with grant of USD 10,491

Oxford Pershing Square Scholarship: USD 16,541

Hani Zeini Scholarship with the grant of USD 1,000

Central Sector Scheme of National Overseas Scholarship with variable grant 

GyanDhan Scholarship with variable grant 

Go Clean Scholarship with variable grant 

Suggested: MBA Scholarships in Germany 

Career Opportunities after Pursuing MEM and MBA 

Another distinguishing factor for MBA vs engineering management is job opportunities post graduation. MEM graduates have promising career opportunities. MEM is a favourite alternative for engineers who wish to pursue additional education while staying in contact with the technology business. It is often seen as a desirable option for students with a solid technical background. 

Some top job profiles for MEM are: 

  • Data Analytics
  • Operations
  • Automation Engineer
  • Automation Engineer
  • Firmware Engineer
  • Forensic Analyst
  • Economics Consultant

Suggested: All about Engineering Management in UK 

MBA graduates also have decent career opportunities. Not just in India, but abroad there are a number of jobs with good pay scales for MBA graduates. Some top job profiles for MBA graduates include: 

  • Business consulting
  • Investment Banking
  • Finance
  • Equity Analyst
  • Data analytics
  • Marketing manager
  • Business development manager
  • Operations manager
  • Senior business analyst
  • Project manager

To sum up the difference between MBA vs engineering management on the basis of MEM vs MBA salary, we have tabulated the following table with MEM vs MBA salary: 

Program 

Salary per Annum (in USD) 

MEM 

95,370

MBA 

62,000

Suggested: Jobs After MBA in USA 

Considering the factors mentioned above for the difference between MBA and engineering management, MBA is an excellent course to choose if you have some work experience; otherwise, the MEM program is suitable for you if you don't have any work experience.

We have covered maximum aspects of the difference between master of engineering management vs MBA. Both MBA vs engineering management, offer equal opportunities for students with a good pay scale in the long term. Once students are equipped with the knowledge, it becomes easy to choose and pursue the course.

Frequently Asked Questions about MEM vs MBA 

Ques. What is the difference between MBA and MEM?

Ans. The main difference between MBA and engineering management is that the MEM Course teaches technical disciplines and management and leadership abilities. MBA is a suitable choice for graduates from any stream, though we expect many STEM graduates to apply. There is also a difference between MEM vs MBA salary. 

Ques. What is the salary structure of MBA and MEM?

Ans. Every aspirant wants to know MEM vs. MBA salary before pursuing a course between these two. The average salary for MBA is INR 35 lakhs / USD 45,913, and the average wage for MEM is INR 40 lakhs / USD 52,473.

Ques. Is an MBA better than a MIM?

Ans. Although both the courses cover a wide range of business topics and fundamental business ideas, the MBA is usually designed for persons with a few years of professional experience. The MIM is a career kick-start for students with little or no employment experience who recently graduated from college.

Ques. Who earns more, MEM or MBA graduates?

Ans. Compared to the salary and job profile difference between MBA and engineering management, MEM graduates are comparatively better than MBA graduates.

Ques. Is MEM a STEM Course?

Ans. Yes, the MEM program is a completely STEM course.

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