Nowadays, an MBA degree has become commonplace. There are numerous MBA colleges in India that offer umpteen MBA courses in a diverse array of fields. You may not want to follow the crowd and do something different after your BTech, but do not dismiss an MBA just yet. It may as well be the best choice you’ll have ever made.
Many students opt for an MBA because they feel it is the right path for a lucrative career. A good many choose their BTech or undergraduate specializations depending on the MBA they’ll pursue right after. It’s the only logical option for them as it allows them to climb the organizational ladder faster. An MBA is also a great way to give your career a boost. Some engineers choose to work for a couple of years, gain experience, and specialize in the field of their choice.
There are some, however, who are not sure of why or how an MBA will help their career after BTech. Take a look at 10 reasons why pursuing an MBA course after BTech will enhance your career aspirations.
Many MBA graduates usually start off as managers rather than individual contributors. The number of associates or entry-level agents with an MBA degree is far fewer than those with just an undergraduate degree. Their MBAs allow them to skip the queue and move on to mid-level and top-level roles.
Obviously, your salary at a higher role will be far greater than your salary at a subordinate level. Thanks to your MBA degree, your paycheck will have more zeroes compared to your peers with a BTech degree. Of course, you have to consider experience and other factors. Even then, an MBA graduate’s pay scale is better, even if marginally, than that of BTech graduate at the same level.
The diversity of subjects taught at an undergraduate level is quite narrow compared to an MBA degree. Degrees in many MBA colleges in India cover many core areas such as finance, statistics, economics, HR, IT, etc. Thus, you have a wider playing field and can expand your horizons in either one of these. With this exposure, you can expect jobs in multiple sectors of business.
An MBA allows you to work closely with industry professionals and leaders. Whether you are working on a project, looking for an internship, or simply checking out employment opportunities, an MBA will offer you the chance to interact with experts from the industry. You can also build a solid base with future entrepreneurs and business managers.
An MBA graduate holds a much more credible position among employers than others. This is because an MBA is proof that you’ve specialized in their domain such as finance, marketing or business management. It also tells them that you are a competent and experienced individual. This credibility, when you hone it, will ensure you a place in the organization.
A degree like MBA is always a safe option for students. It, many times, guarantees them a job. An ordinary undergraduate degree, on the other hand, does not offer this guarantee. Graduates will still have to specialize in a niche area to be considered for a position. Besides, many companies will still prefer candidates with an MBA degree over a BTech degree holder.
BTech or any graduate courses in India do not offer the necessary practical skills required to work in an organization. That’s why companies spend an enormous amount of time and money in training new hires. An MBA provides practical training in companies, which may eventually lead to an employment opportunity with them.
Quite often it happens that you want to do a postgraduate degree while still keeping your full-time job. An MBA offers this flexibility. You can study for an MBA while working. Many MBA colleges in India offer part-time or weekend MBA courses for working professionals. This way, you’ll be able to polish your skills while working and add on to your resume.
While many pursue an MBA to get into managerial positions in organizations, some of them do not. They obtain an MBA degree to become entrepreneurs and start their own venture. MBA training includes business management, financial management, planning, marketing, and many skills that entrepreneurs need. Therefore, it is a highly desirable degree to pursue after BTech.
An MBA is quite a common degree that is recognized the world over. It is understood that you have pursued a path well beyond your regular graduate studies and are well-versed in your chosen pool of subjects. It is compatible with other degree programs and will offer options to pursue other degrees across the globe.
Besides the usual specializations, i.e. finance or marketing, there are numerous niche fields in which you can pursue an MBA. Sports, Luxury, Hospitality, and Tourism are some areas where you find a surge of degree and job opportunities in India. MBA ESG has identified a lack of these MBA courses in India and has designed courses accordingly.
MBA is a great option to have once you’ve completed your BTech. For some, it isn’t even an option as they’ve already decided on their career path. If you’re looking for MBA courses in niche areas such as Sports or Luxury, you can always choose MBA ESG.