Masters in Business Administration or MBA is one of the most popular career options that students choose after completing their bachelor’s degree. According to recent trends, going for an MBA degree after Btech is considered to be the only ideal path. The salary and remuneration provided to an MBA graduate are much higher as compared to a B.tech graduate. The average salary of an MBA graduate in India is Rs. 395,470 per year which is way higher than a B.tech graduate’s salary (Rs.251,328 per year).
Apart from a higher salary, an MBA graduate enjoys many other advantages as well. MBA being a globally recognized degree makes it easy for a job-seeking candidate to get the first preference in any job interview. Not only that, but it also helps you work in a managerial capacity and has been regarded as beneficial for aspiring entrepreneurs. Still confused about why one should opt for an MBA degree after Btech? Here are 9 solid reasons to help you decide for yourself and make an informed decision.
1. Btech was not for you
After completing 12th most of us are confused about what to do next and for a student who has taken up science, a Bachelor’s in Engineering becomes a safe option. Not being exposed to the real world and its enormous opportunities students tend to think that Btech will fetch them a good job but mid-way into pursuing the course they realize that it is not their passion. So rather than opting for Mtech in their masters, an MBA degree becomes more beneficial. MBA is a very extensive subject and provides you different courses and specializations. It is very likely that among this vast array of opportunities and subjects you will find your passion.
2. An MBA degree will help you get a higher paying job
Your salary depends on many aspects, your previous job profile, skills, personality, experience, and educational qualification being a few among many other factors. No doubt having a master’s degree will help get a fatter paycheck. In addition, having a degree in MBA after Btech will add some more zeros to your salary. A MBA course teaches you human management skills, finance, marketing, commerce, business skills, time management, business communication, management ethics, and many more which will help you become an important asset to your company.
3. MBA has high market demand
According to a survey done by ManpowerGroup India, 19% of companies reported sales and marketing to be the most in-demand job role in India. With an MBA degree in sales and marketing along with a Btech degree, it is easier to find a job in India. According to the current market demand, there are better chances for an MBA graduate to get a job as compared to an IT engineer
4. Better campus placement
Most of the Btech colleges don’t guarantee 100% placement and after the completion of their degree, they are left in the outside world to compete with 1.5 million other engineers that graduate in India every year. According to a survey done by aspiring minds – an employability assessment company 80% of Btech graduates are unemployed. However, an MBA degree increases your employability chance. High market demand and a combination of technical and non-technical knowledge will help you reach soaring heights. Also, many MBA colleges guarantee 100% job placement.
5. Helps you get an easy promotion
An MBA degree along with a Btech degree will help you be a few steps up the ladder as compared to your colleagues. According to the Alumni Perspective Survey report in 2018 conducted by the Graduate Management Admission Council around 96% of MBA, holders found their degree to be as good, excellent, or of outstanding quality. If one is feeling stuck in their career and feel that a Btech degree is just not enough, an MBA degree will boost up their charts in this corporate war zone.
6. Beneficial for aspiring entrepreneurs.
Many Btech graduates with their technical knowledge and expertise want to create their products and build their startup. But without ample market knowledge, they are likely to fail. An MBA degree helps you to understand the market, improve both verbal and written communication skills, expand your professional skills and improve your strategic thinking which will help in amplifying the market presence of your product and services.
7. Provides you with job training
MBA graduates while pursuing their courses get exposed to many field training. They attend top-notch internships and go for on-job training and industrial visits. This helps them to be better prepared for the world outside. The students get to learn from the first-hand experiences of industry insiders and experts which help in enhancing their knowledge. Most Btech colleges don’t provide such practical knowledge.
8. You have both technical and non-technical expertise
Knowing both the technical and non-technical world will keep you in a more advantageous position as compared to others. Companies often look for candidates who can handle multiple responsibilities and a combination of technical and management proficiency will help a candidate to scale up in the corporate ladder.
9. Helps in Personality development
Regardless of the industry or professional area, you are working in, an MBA degree helps you with personality development. Most colleges have excellent faculty with a splendid academic career, which just adds as a plus to your Btech degree. An MBA degree exposes you to an extensive business network and advanced managerial skills which help in developing your personality. It helps you unveil the best version of yourself and helps you in managing tasks that you never thought you were capable of.
An MBA degree makes you a class apart candidate in any job interview. And with its global recognition and increasing demand, it is easier to seek a job in any part of the world. It helps you learn better time management, personal development, business ethics, and management skills which will help you boost up your stagnant career after Btech.