Benefits of an MBA after engineering
The 10 Benefits of an MBA following completion of the BTech/Engineering or Engineering degree
An MBA degree has become a common thing. There are a variety of MBA schools that offer a diverse selection of MBA programs in India and Benefits of an MBA after engineering
You may not wish to join the crowd and try something new after completing your BTech, but do not think about an MBA just yet. It might be the best decision you’ll make in your life.
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What happens next after BTech?
BTech students typically don’t know what they want to do following graduation. BTech students aren’t guaranteed to choose the MBA program.
There are a few exceptions. Many students do not get selected in campus interviews. Also, not all get an employment offer when they complete their studies. However, the ground reality can be very different.
What’s will be the next step for BTech
There are many crossroads that are an integral part of the BTech journey. These are just a few.
Do absolutely nothing
Convention says that it’s obligatory to complete a task when you’ve completed your studies. Everyone follows their own set of guidelines. BTech students usually are satisfied with their BTech degrees for a short period of time, or even for years.
They will be able to get away from school for a while and have a blast in their “freedom”. They’ll be able to relax and enjoy the benefits of “freedom” after having spent most of their early years and their teens in school and college.
They will likely travel, work at minor jobs, or just relax at home until they figure out what next steps to take.
Participating in a coaching class
India has long been home to coaching classes. Each city provides coaching for a variety of disciplines.
Short-term courses in Digital Marketing and Data Science may appeal to students. After BTech. The short-term courses run between 3 and 6 months and allow them to get knowledge in the fields they enjoy.
The courses are not designed to be a monopoly on the students at their time. Students are able to pursue other pursuits or find jobs after classes.
Applying for IBPS
IBPS is an independent company for recruitment, conducts tests to assist in recruiting students for banks in the public sector. These positions are an officer and clerical positions. In India banking is one of the most sought-after industries.
It’s almost impossible to be an institution that is a public sector. Studying/applying to IBPS is one possibility for BTech students.
Looking for a job that isn’t on the university
Not all students who attend campus interviews are accepted. A lot of students do not receive an invitation letter. When they graduate the majority of students look for jobs elsewhere. When they are employed, they are full-time employees.
Pursuing MTech/MS abroad
It is one of the most popular options for BTech graduates who have completed their BTech degrees. It is almost like a rite of transition. After completing their Bachelor’s degree in India and then they decide to pursue a Masters Degree in a foreign country.
They then can seek internships or work in the country they prefer. Many think that an MS or MTech in a foreign nation will pay better.
Taking up entrepreneurship/business
BTech isn’t necessarily required to be the basis for a 9-5 job. It could also serve as a stepping stone for starting your own business/venture. The young graduates are taught the business realities through entrepreneurialism.
Entrepreneurship makes them self-reliant, industrious, confident, and smart. Even when they’re inexperienced typically, they give entrepreneurship a try to see if they are capable of managing business obligations.
BTech/Engineering Grads are “Unemployable”
BTech Engineering Grads are Unemployed
India every year produces more than 1.5 million engineering graduates. Only a few lucky ones get employment. Many more are left without any job offers. Some graduates aren’t qualified to work.
As per Aspiring Minds’ 2016 National Employability Report about 94% of graduates are not eligible for work. IT industries need people with certain skills. They don’t have these skills. This gap in skills also causes unemployment which, is a problem for both companies and graduates alike.
MBA seems to do better in the job market than in engineering. Based on GMAC 2018 Corporate Recruiters Survey Report,
“81% of companies expected to recruit MBA students in 2018 while 52% of companies plan to increase their MBA base salary.”
Why MBA following BTech?
Many students consider the idea of an MBA since it can provide a faster way to an enviable job and Benefits of an MBA after engineering.
There are two reasons for this.
Many of their top-ranking management are MBA graduates. The MBA degree is essential to be able to land that job.
They are awed by the outstanding communications and leadership skills this degree can give. They notice that MBA graduates are more confident and polished, and consequently, they are more successful.
A few engineers or BTech graduates opt to take a few years, build experience and then specialize in their field of choice.
There are a few, however, they aren’t sure about the benefits or why they can benefit from an MBA can benefit their career after BTech. Here are Benefits of an MBA after engineering.
You can skip the lines
MBA graduates are usually promoted to managerial positions instead of as contributors to an individual. An MBA degree will lead to a lower number of entry-level agents or associates than if you have an undergraduate degree. Their MBAs help them move higher up the ladder to higher-level, mid-level and higher-level positions.
Your earnings will grow
Naturally, the pay for a higher position will be higher than that for a lower post. Your MBA degree will mean that your salary includes more zeroes as opposed to the salary earned by your BTech peers. Also, you must consider your experience and other variables.
Even then the MBA graduate’s salary is more lucrative, even marginally, than that of a BTech graduate at the same grade.
The average salary for an MBA graduate in India is INR 6,87,000 or more per year. BTech graduates earn an average of INR 5,70,000 for the calendar year this is quite a different amount.
Numerous career choices
Bachelor’s degrees cover a much wider range of subjects than an MBA degree. A lot of MBA institutions in India offer degrees that cover fundamental subjects like statistics, finance and economics.
The advantages are that you have the opportunity to study both areas of finance and IT in addition to other subjects that are essential. This exposure will allow you to get work in many business sectors.
You’ll get to meet many industry insiders
An MBA lets you collaborate with industry professionals and leaders. If you’re engaged in a project, looking for an internship or exploring job opportunities An MBA will offer you the chance to interact with experts from the industry. Additionally, you can develop connections with future entrepreneurs and business executives.
It’s a career that’s credible
Employers are more likely to employ an MBA student than other graduates. An MBA proves your proficiency in one particular specific area, like marketing, finance, or business administration. It shows them you are proficient, skilled, and knowledgeable. If you put in the effort to establish your credibility it will allow you to gain a position in the business.
It’s an excellent alternative.
An MBA degree is always a good choice for students. In many cases, they will be assured of a job. A job guarantee isn’t provided by an average undergraduate degree.
Students will need to be specialized in a particular area in order to be considered for employment. Most companies will prefer applicants with a BTech degree to an MBA degree.
You get hands-on experience right in school
BTech and any other graduate degree in India don’t offer the practical knowledge required to work in an organisation. Many companies spend time and money teaching new employees. An MBA is a practical course within companies that could lead to job opportunities.
It provides flexible options for learning
It is quite common that you want to get an MBA while still working your full-time employment. This flexibility is available through an MBA. Professionals who work can continue to study to earn an MBA. Many MBA schools in India offer part-time or even weekend MBA classes for professionals working. This will enable you to improve your abilities, as well as enhance your resume.
You can be your own boss
Certain MBA candidates pursue the path of a manager. Others do not. They pursue an MBA degree to become entrepreneurs and start their own businesses. MBA education covers all the things entrepreneurs need, including the planning process and financial management. BTech is an attractive degree.
This degree is recognized internationally
An MBA is a common degree that is recognized across the world. It is understood that your study has exceeded the standard graduation level and you’re competent in the subjects you choose. It’s compatible and may result in other degrees.
MBA is a fantastic option after you’ve completed your BTech. It may not be the best option for everyone, as they already have a career plan. vijay patil school of management can be an excellent option if you are interested in MBA courses that focus on specializations, like sports and luxury.
