5 MBA Specializations to Pursue After Engineering

Top MBA Specializations After Engineering: Market conditions and demands underscore the value of an MBA for engineers. In the dynamic landscape of career choices, an MBA degree for engineering graduates enhances opportunities and career growth. Whether you're a B Tech graduate with a few years of work experience under your belt or an engineer eager to embark on your professional journey, an MBA degree holds better prospects.

According to the HRD ministry, India's engineering colleges enroll approximately 2.9 million students, with around 1.5 million engineers graduating annually. Interestingly, a staggering 97 percent of engineering graduates aspire to secure positions in software engineering or core engineering. Yet, only a mere 3 percent possess the aptitude for software or product marketing roles, while just 7 percent possess the necessary competencies for core engineering positions. However, a significant challenge arises as most of these graduates lack the requisite skills to secure lucrative job placements. This drives a substantial number of engineering graduates to seek further qualification through MBA and PGDM programs, empowering them with invaluable managerial skills.

For engineering graduates, the pursuit of an MBA course represents a transformative journey. While an engineer's average salary typically hovers around Rs. 3 to 4 lakh per year, the integration of an MBA degree can catapult that figure to an impressive 15-18 lakh for fresh graduates. That being said, in this article, we will be providing important details regarding the top 5 MBA specializations to pursue after engineering.

Also Read: List of 10 Best MBA Specializations in India for 2023

Benefits of MBA After Engineering

MBA is one of the most popular choices of best courses after B Tech. In fact, most of the students in the PGP courses of top management institutes such as the Indian Institutes of Management (IIMs) share a background in engineering. There are several benefits offered by an MBA degree which form the reason behind the popularity of management courses among engineers. These include:

• Increases employability.

• Improves job position and salary.

• Helps a professional acquire the skills in demand by the industry.

• Develops of multi-disciplinary skills.

• Helps shatter the glass ceiling.

• Keeps professionals in touch with the latest in academics.

As you can tell, we do believe that the disappointment of Mr. Chanchad at Priya's fiance's pursuing MBA after having done a BTech was a little uncalled for.

An MBA after BTech is, in fact, a very potent UG + PG combination, which is in high demand in the market. This is because while BTech helps develop the calculating and analytical point of view of a candidate, an MBA shapes the critical thinking and management perspective. Both courses together result in a professional that has a good understanding of his / her niche and the potential to become a good leader.

Also Read:Jobs after MBA

Why Choose a Specialized MBA After Engineering

If you have followed our article on General vs Specialized MBA, you will know that choosing an MBA specialization is a good idea for a BTech graduate as engineering graduates are mostly already working in a particular domain or niche. However, choosing the correct MBA specialization can be a bit confusing for a candidate.

5 Best MBA Specializations after Engineering

In this article, we have covered some of the top MBA specializations that a BTech student must consider. Read on for more.

MBA in Business Analytics

Business Analytics is a relatively new domain of management education in India. Some of its related courses include an MBA in Data Science and MBA in Data Analytics.

It is a field in which professionals are required to make use of digital interfaces and programming languages for deriving meaningful information from raw data. Due to the heavy involvement of tech-based infrastructure in this course, it is a hot-favourite of engineering graduates in India.

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. Therefore, professionals in this field are high in demand and the demand is only expected to rise in the foreseeable future.

Top Colleges for MBA in Data Analytics

MBA in Finance

MBA in Finance is another one of the choices of MBA course for engineering students. Finance is also quite a popular stream of MBA in general.

In this course, students are given in-depth information about the management of the finances of an organization. Students are taken through the various aspects of account and financial management including cost accounting, financial planning, risk management, capital budgeting etc. in this course.

There is heavy use of mathematical and analytical models in an MBA in Finance course. This is why a relatively unknown discipline becomes easier to understand for engineering students. Plus, many engineering graduates go for working in BFSI institutions after their graduation and an MBA in Finance aids in career growth.

Top Colleges for MBA in Finance

MBA in International Business

As more businesses look for expanding to global markets, the course of International Business is increasing in popularity. Hence, more and more candidates are being attracted towards an MBA in International Business course.

MBA in International Business involves the study of the practices and processes involved in the running of a business on an international platform. It involves the study of some very unique subjects and provides equally unique career opportunities. Professionals of this course are often required to talk to international clients and develop an understanding of the various cultural norms across the globe.

Plus, the course offers some of the best networking opportunities, chances of foreign travel and good career opportunities. It is quite a popular choice among engineering grads.

Top Colleges for MBA in International Business

MBA in Marketing

Marketing is a classic MBA stream that just cannot go out of business. Marketing professionals are high in demand across all industry spectrum and can play a vital role in the growth of a business.

MBA in Marketing is one of the most popular MBA courses offered in India. It is also one of the top choices of engineering graduates as there is a good demand for marketing professionals with an engineering background. Marketing is one of the streams that require a good knowledge of the conventional processes while also encouraging out of the box thinking.

A Marketing MBA helps develop a student's understanding of the markets, customer behaviour, advertising techniques and psychology, brand promotion and management etc. Graduates or working professionals who wish to build a career as a marketing executive can opt for this course.

Top MBA Marketing Colleges

MBA in Operations Management

MBA in Operation Management is a great choice of course for a candidate who has a developed understanding of production planning. Hence, it is recommended for engineering graduates.

An MBA in Operation Management is particularly related to the manufacturing and services industry and hence is a perfect fir for students particular having a mechanical engineering background. The course involves the study of subjects ranging from product development and designing to inventory control, process management etc.

Operation Management graduates stay in good demand in the manufacturing and production industry. Engineering graduates who opt for this course can certainly find good career opportunities and grow in the field.

Top Colleges for MBA Operations Management

Also Read: MBA Admission 2023

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These were some of the top courses to pursue after engineering. If you have any doubts, get them cleared by asking our experts on the CollegeDekho QnA Zone. Check our other related articles for more information.For assistance with admissions, please fill our Common Application Form (CAF) or call our toll-free student helpline number 1800-572-9877.