Which MBA stream to choose after Engineering?

Best MBA Specialization for Engineers: Your individual interests, career goals, the industry you wish to work in, etc. are some of the factors that influence your decision of choosing an MBA specialization. In this article, we will try to answer the question, “which specialization is best in MBA after engineering?”

If you are an engineering graduate, then you must think about whether you want to pursue an MBA after B.Tech or not is a big question almost every engineer faces in India. Studying MBA Abroad after completing the engineering degree is in trend among students. There are ample benefits to getting an MBA degree once you have concluded your bachelor’s degree in Engineering as it can fit you with diverse skill sets and open up a gateway to various career opportunities.

Depends on Your Career Objective

First, you need to decide which MBA stream to take into account your past career experiences and make a well-thought-out decision about your future career goals. You can achieve your goal by utilizing your work experiences with a future graduate degree. If your ultimate career objective is to manage a group of people who do technical work, you may consider an MBA with an Engineering Management specialization. Otherwise, you may want to pursue an MBA in general management or project management.

When evaluating your career goals, the key question is how much you wish to get involved with the business-oriented functions of your company. If there is no reason for you to study accounting, finance, or strategic management skills, then a technically oriented master's degree might be suitable. On the other hand, if you expect to work in a managerial position for your company and need skills in areas like strategy, finance, marketing, etc. then an MBA in these particular specializations will meet your needs.

Popular MBA Specializations to Study after Engineering

A Master’s in Business Administration is a globally accepted master’s degree pursued by many graduates every year. MBA is a two-year program that aims at making a candidate more proficient in all aspects of management and an expert in one particular specialization. Choosing a profession is mandatory because recruiters come to the campus to hire students for their specialized skills, not just general managerial skills.

Here we have listed below the five most popular and sought-after MBA specializations to choose from after Engineering.

• Business Analytics: This specialisation focuses on making educated business decisions through data analysis and statistical methodologies. It integrates business strategy with data-driven insights, which is very important in today's data-driven world.
• Operations Management: This specialisation focuses on the effective administration of an organization's processes, supply networks, and operations. It involves logistics, quality management, project management, and process optimisation, among other things.
• Finance: An MBA in Finance prepares you to analyse financial data, make investment decisions, manage risk, and comprehend financial markets. It is a common choice for those who want to work in financial analysis, investment banking, or corporate finance.
• Marketing: Understanding customer behaviour, establishing marketing strategies, and effectively promoting products or services are all part of this specialisation. It includes topics like market research, branding, advertising, and digital marketing.
• Human Resource Management: An MBA in human resource management will equip you for positions in talent acquisition, employee development, remuneration and benefits, and organisational behaviour. It teaches you how to manage and develop a company's most precious asset: its people.
• International Business: This concentration focuses on worldwide business issues such as international trade, cross-cultural management, global marketing, and international finance. It prepares you for careers in multinational enterprises or worldwide organisations.
• Technology Management: This specialisation is concerned with the management of technologically driven organisations. It discusses themes including innovation management, technological strategy, and product development. It is ideal for engineers who want to combine their technical knowledge with business insight.

Top 10 MBA Universities Abroad

The table given below provides the top 10 MBA colleges based on QS Subject Rankings 2023:

(Source: QS)

MBA after Engineering: Eligibility Criteria

To study the MBA program from a reputed business school, students must fulfill certain admission requirements that differ according to the course and university. Below we listed basic eligibility criteria to keep in mind for pursuing MBA after Engineering:

• Complete a bachelor’s degree in any related field from a recognized institution with the required marks.
• GMAT scores (Note: Many universities offer MBA without GMAT across the globe).
• Work experience in a related field (if required). It is compulsory to have the required period of work experience to apply for an MBA program.
• Submit language proficiency scores such as IELTS, TOEFL, etc.
• Statement of Purpose (SOP)
• Letters of Recommendation (LORs)

Which Country to choose?

Once you determine which MBA program offers the best combination of technical or business courses to suit your goals, develop a list of programs that you qualify to apply for. Then look for programs that you might be competitively matched for. Like this, you arrive at a shortlist of colleges to apply to. You will now have to consider factors like location, ranking, network with your industry, and financial aid.

Now you need to prepare a list of potential MBA colleges where your qualifications will be good enough. There are many MBA Universities abroad available and you will have to go by your qualifications such as years of work experience, GMAT score, and GPA scores for the undergraduate degree. We have below the list of popular countries to study MBA Abroad. For help with university applications, students seeking to study abroad can contact our Shiksha Study Abroad Counsellors.