Job prospects post MEM and expected salary?

Question

Hi,  
I'm currently working as a software dev in Amazon for almost 2 years.   
I'm good at coding, but lately not enjoying it much, always loved management and want to move in that direction.  
I wanted to know what are job prospects one can get post MEM specifically around tech, fintech, and investment banks  
    
And what will be the expected salary also of these jobs   
Also please suggest some good universities too!  
Thank you  
    
CGPA: 8.36/10  
GRE, TOEFEL yet to give  
Amazon internship and Amazon SDE for 2 years

Hitesh Vijan Community_Mentor · Answer

Engineering Management is largely offered in America. There are 3–4 options in Canada and a few in Australia. While graduating from a good university is always important, for an MEM degree, graduating from a top 10 university offering the program is critical. I don’t suggest you go to an ordinary American University to pursue an MEM. As long as you go to a top 10 MEM program your prospects are bright.

The median salary for a MEM (A top 3 program at the very least) is around 75–80k dollars a year. For people without work experience, the salary is closer to 70K while students with solid work experience draw upwards of 85–90k. That number can fall to around 60k as well if you don’t go to a top rung MEM program. Choose wisely, and apply strong. It is preferable to enter MEM programs with smaller class sizes too.

The MEM degree gives you more of a specialized skill set, making you a manager who takes decisions backed by sound numbers. In today’s age of data backed decision making, engineering managers are a supremely valuable asset. If you take the right electives as a part of your program you become an instantly hireable asset. A lot of applicants with significant work experience have started to apply to more specialized programs such as Engineering Management, Supply-Chain Management, Operations Management and Business Analytics instead of an MBA due to the skills these programs impart. Another reason for the popularity of the MEM is the fact that it is a STEM degree in the USA, hence making you eligible for a STEM extension and hence increasing the likelihood for an H1B visa.

Engineering Management graduates take up careers as Business Analysts, Product Managers, Marketing analysts, Product Engineers and Management Consultants among a few. The course is especially ideal for you if you wish to pursue a management degree with less than 3 years of work experience.

Job prospects post MEM and expected salary?

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