MBA Vs M.Tech? What would be best for me? This is one of the most common questions among final year engineering students. While both qualifications offer good placements and a stable career, the decision should be a well-calculated one. However, current trends indicate that students prefer MBA over MTech.
The life of an engineering student revolves around numbers and comparative deductions. Statistics show that 45% of the CEOs completed their graduation in engineering. Out of this, 78% went to pursue post-graduation out of which 68% opted for an MBA degree.
While an MBA prepares you for generalist roles and opens your avenues in non-technical industries, an M.Tech qualification offers you plush jobs and a freedom to take your love of technology to next level.
MBA Vs M.Tech- Which One to Choose?
Even though MTech is the most probable career option after B.Tech, a larger percentage of engineering students choose MBA. Shekhar Sanyal, director and country head of the world’s biggest multidisciplinary professional engineering institution, Institution of Engineering and Technology, remarks “MBA is more popular, but we need more Mtechs in the country”. He adds that Mtechs are much sought-after by technical industries, not just in India but worldwide and also leads up to a lucrative career.
MTech is a specialization course that allows you to hone your technical skills. Experts are always respected in the big market. Hence, an MTech degree gives you the vantage of in-depth technical knowledge over your MBA counterparts.
The biggest reason behind the students choosing MBA over MTech is its limiting scope. Though the debate of MBA Vs M.Tech still has many points left to unfold.
A successful career in today’s competitive world asks for a wider knowledge of technical expertise. Unlike the MBA graduates, an MTech doesn’t have a complete grasp of these aspects and this might restrict or hinder their growth in the corporate structure. The MTech course itself is more difficult and requires a lot of hard work throughout the academics. There are very few good colleges in India that offer MTech courses and of course, the admission procedure is tough too.
The MBA programs are designed in a way that enables a graduate to handle a wide spectrum of situations related to business and it is respected in the big market. In a way, MBA equips you with leadership qualities and teamwork strategies which aids you in rising up in the corporate ladder.
MBA also has a flip side. MBA takes you away from your core competencies. Getting an MBA degree is quite expensive too. If you can’t get the desired job, it might take years to settle the academic expenses.
In a nutshell, the students who want to work in technical fields should pursue M Tech after Engineering, those who want to work in executive roles in the mechanical and related sectors should take the path of engineering followed by MBA. There is so much information or pros and cons given over the internet over MBA Vs M.Tech but you are the sole decider of what course is best for you. We are just here to give you a little idea regarding the trending market.