After completing a BTech degree, the biggest dilemma that a fresh engineering graduate faces is if he wants to continue with his further studies and go for an MBA or an MTech degree. This confusion needs to be tackled with a holistic understanding of both the courses so that the students can make a more informed decision.
If you look at the duration of both the courses, both are two-year-long programs and both are purely master’s degree courses. Yet both the courses have different curriculums and different objectives.
Therefore, before making any decision as to which course you should pursue, it is important to weigh both the options, their benefits, and scope. Especially during this time when the whole world is facing job cuts and layoffs, it is important that you properly analyze the pros and cons of both courses.
Now let us look at the course structure and major subjects that are taught in MBA and MTech.
Masters in Technology
Masters in Technology or MTech is a two-year-long course that a student can pursue after completing their BTech degree. An MTech degree opens up many doors for the candidate in the field of engineering academics, research and development, and in the technical line. Many job roles come your way, after completing your MTech degree. However, it depends on the subject you have chosen to do your master’s in. The most popular subjects that a candidate can pursue in MTech range from traditional subjects like mechanical engineering, computer science engineering, mechanical engineering, civil engineering, electrical engineering to more recent subjects such as nanotechnology, artificial intelligence, etc. Once you enroll yourself into the specialization of your choice the doorways that it will open for you are multiple. The subjects that are taught in almost every branch are applied operation, complex system developments, dynamics and control, structural engineering, nanosystem, strategic operations, etc. These subjects or rather concepts make the basic foundation of your Master’s in Technology degree. These subjects are included in almost every branch of engineering. An MTech degree will develop your practical knowledge as a major part of the curriculum focuses on internships and writing a thesis.
After completing Your MTech degree, the various job roles that open up for you are the following: a subject researcher, system developer, jobs in coding, maintenance, production, construction, planning, etc.
An MTech degree will enhance your quantitative and qualitative analysis skills, research skills, analytical skills and will broaden your horizon. You become eligible to be recruited as a project manager, senior engineer, research associate, maintenance manager, and software engineer after completing your MTech degree.
Master’s in Business Administration
MBA or master’s in business administration is a two-year master’s course that gives you an insight into the business and managerial world. The benefits of doing an MBA after completing your BTech are manifold. Completing an MBA will ensure that you get a high-paying job in a reputed company. The subjects that are taught in MBA such as financial management, entrepreneurship, accounting, managing, staffing, organizing, and planning will make you well equipped to handle a high-level managerial post. There are various specializations that a candidate can enroll in. Some of the specializations are sales and marketing, finance, human resource management, business analytics, and rural management. During the course curriculum, the students gain practical knowledge as internships play a major role in MBA. Along with it, regular industry visits and interactive seminars give the students a beforehand insight into the professional world they will soon be stepping into.
After completing an MBA degree, the job roles that a candidate is offered are HR manager, financial advisor, supply chain manager, finance manager, management analyst, and many more.
An MBA degree also enhances your practical knowledge and communication skills which will help you pitch your ideas better in your workplace.
A comprehensive comparison
The following is a tabular representation comparing both the courses.
| TOPIC | MBA | MTECH |
|---|---|---|
| DURATION | 2 YEARS | 2 YEARS |
| TYPE | MASTERS DEGREE | MASTERS DEGREE |
| SALARY PACKAGE | Rs. 22, 00,000 per Annum | Rs. 8,00,000 to Rs 11,00,000 per Annum |
| FIELD | It is purely a managerial course | It is purely a technical course |
| MAJOR SPECIALIZATIONS |
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| JOB ROLES |
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The final decision
The final decision as to whether a candidate should go for an MBA degree or an MTech degree purely depends on their interest and the kind of job role they want to take up. Both MBA and MTech degrees are of two-year duration. And at the end of the two years, you will have a master’s degree in your hand. The major difference between both the courses is the subjects. One is purely technical whereas the other is purely managerial. But the scope that both the courses have in store are equal. Both are in high market demand. Even in 2021, with the ongoing economic crisis and job cuts all around the world, none of the courses have lost their charm or popularity. A master’s degree holder always has a better chance of getting a well-paid job in a reputed company and both MBA and MTech being a professional course make your chances of being recruited into your dream job much higher. After completing your BTech degree, if you want to continue with further studies in the technical field then MTech is the answer for you. If your goal is to become a renowned researcher in your field or to work as a senior manager in a reputed company, then MTech will help you in achieving your goals. However, if you want to enter into the field of management or aim to become an entrepreneur then MBA will be a perfect choice.