A Guide To Completing Your MBA After BTech (With Jobs)
Updated 9 July 2022
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Deciding to pursue Master in Business Administration (MBA) degree after an engineering or bachelor's degree is an important step for future managers, entrepreneurs and consultants. The benefits of an MBA apply to most sectors or fields of professional interest. Completing an MBA program provides a competitive edge, helps professionals develop managerial skills and can be highly rewarding. In this article, we discuss pursuing your MBA after BTech, look at the advantages of doing so and find out the job opportunities after completion.
How to pursue your MBA after BTech
Pursuing an MBA after BTech has become a common choice for most engineers to develop managerial, technical and professional skills. It is a two-year professional postgraduate course that comes with significant career growth opportunities. Here are the steps you can take to pursue an MBA after your engineering degree:
1. Check your eligibility
Checking your MBA eligibility is the first step to starting your career in business administration. The general criteria for MBA, which is common for most MBA programmes include:
a bachelor's degree of minimum 3 years after 10+2 examination from a recognised board
a minimum of 50% (or 45% for reserved categories) or equivalent CGPA in your graduation
the candidate cannot be above 35 years of age, as per some colleges
2. Find the right MBA program
The diversity of the syllabus and exam pattern can be confusing for graduates while preparing a study plan. It often requires candidates to pass several criteria while seeking admission. It can be helpful to familiarise yourself with the several entrance examinations from which you can choose, such as the Computer-Based Standardised Test (CAT), Xavier Aptitude Test (XAT), Symbiosis National Aptitude Online Test (SNAP) and Management Aptitude Test (MAT), among others. Here are two additional tips that can help you choose the right MBA program:
Target the right B-school
Selecting the right business school is an important decision for students. Different B-schools accept the grades and ranking of the different entrance exams. Focus on finding a B-school that aligns with your career goals and fulfils criteria such as geographical location, cost of studying, job placement and career opportunities.
Choose the right area of specialisation
After selecting the right B-school, you can focus on choosing the right specialisation. Some of the common specialisations include finance, human resources (HR), information systems and international business. A good way to find the right specialisation is to assess your strengths, consider the subjects based on different specialisations and salary packages offered in each.
3. Prepare for entrance examinations
There are several MBA entrance examinations that graduates can appear to take admission to some of the best B-schools in the country. Some of the popular ones include CAT, XAT, MAT, NMAT by GMAC, IIFT and CMAT. The timeline and preparation strategy varies for each exam, so be sure to research beforehand.
Advantages of pursuing MBA after BTech
Pursuing MBA after BTech can help you hone your current skills and expand your knowledge base. Here are some advantages of pursuing an MBA after BTech:
High demand for dual specialisation
MBA programmes are versatile and, when combined with a BTech degree, are deemed impressive by recruiters. Both degrees offer two areas of expertise and increase the chances of employability. BTech graduates with MBA degrees have a strong understanding of technical and business aspects of a business that prove to be invaluable for companies.
During an MBA program, students develop a host of soft skills, including managerial skills, presentation skills, organisational skills, leadership skills, team spirit and communication skills. This contributes to their overall development and leads to a noticeable change in personality. Additionally, students pursuing their MBA from foreign universities can expand their intellectual and cultural borders through an intercultural experience.
The commercial world is constantly evolving and an MBA program can prove beneficial in developing problem-solving and strategic thinking skills. The knowledge graduates gain after completing their MBA programs is transferable and applies across multiple careers. Some of the other skills include interpersonal and people management skills, risk management and ethical decision-making.
Students pursuing MBA get an opportunity to network with other professionals in their respective domains. This helps them understand the current scenario in the market, the advancements in the domain and the job opportunities that can help them tailor their skills accordingly. It can also help them pursue their career with the help of strong business connections.
A good post-graduate degree like an MBA offers job security with exposure to challenging and complex issues, specialisation and various hard and soft skills. The vast number of specialisations offers a lot of job opportunities and job-related responsibilities. MBA students receive a lot of hands-on training or field training with firms, who ultimately hire them.
Related: Average MBA Salary In India (With Minimum And Starting Pay)
Jobs after your MBA
MBA students hone their skills in business schools, making them a very attractive proposition for employers, who look for talent with strong business acumen and managerial skills. MBA graduates find immense opportunities in almost every field such as finance, management and IT. Here are some of the jobs they can consider:
National average salary: ₹3,51,033 per year
Primary duties: Marketing managers are responsible for managing the outreach of a company. They play a vital role in helping a company promote and sell its products to its clients. Marketing management is an accessible career path for MBA graduates where marketing opportunities are abundant, with the growing benefits with experience and level of accountability.
National average salary: ₹6,40,319 per year
Primary duties: Investment bankers provide a range of financial services to clients, companies and governments. They work on implementing short- and long-term financial plans, creating financial models and researching new market conditions. It is one of the high-paying jobs for MBA graduates where you gain a lot of transferable skills and avail good career progression opportunities.
Related: What Is An Investment Banker? Definition And Career Advice
Human resources manager
National average salary: ₹3,70,036 per year
Primary duties: HR managers administer employment policies and procedures, overseeing workplace safety initiatives, payrolls, rewards and recognition programs. They are responsible for identifying and hiring top talents for their organisation. The role of an HR focuses highly on people that requires strong negotiation, collaboration, interpersonal and communication skills.
National average salary: ₹5,90,678 per year
Primary duties: Hospital administrators supervise the organisational aspect of healthcare services. They ensure that a medical establishment uses effective practices to provide the best possible care for patients. An MBA in healthcare management can help you learn decision-making, policies, important day-to-day operations and administrative tasks.
Related: How To Become A Hospital Administrator: A Complete Guide
National average salary: ₹2,79,180 per year
Primary duties: Store managers are responsible for handling the everyday functioning of stores, including staff, stock, sales and resources management. They make sure their employees provide excellent customer service and monitor the store's financial performance as well. MBA graduates are often at an advantage if they want to pursue a career in retail management.
National average salary: ₹3,25,842 per year
Primary duties: A credit analyst assesses the creditworthiness of a company or individual to meet financial obligations. This involves analysing a borrower's past credit history and determining their ability to pay off their debts in advance. MBA graduates with a strong background in finance can consider this role in credit assessment. Some of the required skills for this role include due diligence, knowledge of financial software and industry standards.
National average salary: ₹2,69,824 per year
Primary duties: An entrepreneur is an individual who sets up a business and tries to make the most of the return on investment (ROI). They combine different factors of production such as land, labour and capital to create a profitable new business from scratch. MBA graduates can consider entrepreneurship using their diverse skill set, networking skills and industry knowledge to build businesses of their own.
Related: 10 Entrepreneur Characteristics That Lead To Success
Supply chain manager
National average salary: ₹5,68,624 per year
Primary duties: A supply chain manager is responsible for the coordination, organisation and supervision of all activities related to identifying, acquiring, producing and distributing commercial products. Their goal is to improve efficiency and productivity while diminishing costs and ensuring high-quality materials for their company. MBA graduates with specialisations in supply chain management, business, logistics or a similar field.
Salary figures reflect data listed on Indeed Salaries at time of writing. Salaries may vary depending on the hiring organisation and a candidate's experience, academic background and location.
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