Nowadays, many students aim at doing an MBA. But, the question here is when this is the final goal, why are students more concerned about their UG degree? Even though, MBA is the ultimate aim, this course after a professional UG degree will add more value to the resume of candidates as against MBA after a normal UG course. In addition, professional UG courses like B. Tech/B.E, when taken from the best institutions will enable candidates to find placement opportunities.
Why MBA as against other PG degrees?
It is true that an M.S or an M. Tech degree will equip the students with strong analytical reasoning skills. On the other hand, an MBA can provide them with a perfect future in a wide range of fields like brand management, marketing, planning & strategy, management consulting, supply chain management, etc.
Confusion among engineering students:
Most of the engineering graduates in the final year of their degree course have the question as to whether they should do MS or an MBA after their degree. This question does not have a simple this or that answer. This is because a number of factors are to be considered like knowledge quotient, career goals, finances, etc. Let us compare between MBA and MS after engineering, so that students can make a decision:
Some facts to know:
- The Master of Business Administration course was actually designed with a view to help out engineers to move towards senior management positions
- A report states that India has nearly 214 engineers per million citizens
- More than 70% of the students studying in top Business schools in India are engineering graduates.
- In the past two years, there were many instances of engineering graduates finding placement in corporate firms, but their placement were kept on hold as the opportunity was given to those with PG qualification.
So what to do after engineering MBA or MS?
Companies these days do not want to hire fresh graduates, even though they hold B.E/B. Tech. This is because they do not want to spend on training these graduates. This is why most of the students these days have understood the importance of having a PG, but they have confusion between an MBA and MS. Decision should be made as per passion and career goal as given below:
Passion and career goal: The answer to this confusion between MBA and MS lies on each individual students and their career and professional goals. For instance, if you are interested towards core engineering-related sector and wish to conduct research in engineering or want to take teaching positions, MS can be the good choice. On the other hand, if you are interested to get into the field of management in your future and wish to gain higher managerial positions in your engineering related job, an MBA can be the ideal choice.
If you are more into management mode and wish to continue your MBA, next comes the question about the specialization that will be suitable for the career of your interest and you should make the decision accordingly.