MBA or M.Tech: An Engineer’s Dilemma…

It is the most common question faced by a final year engineering student but the answer is not as simple as it seems. No two courses can be fully compared as each course has a different scope as well as different job and placement offers.

A good answer in choosing between a M.Tech or a MBA is truly depends on factors such as where are you perceiving your engineering, what do you think and know about job prospects in MBA, what do you want to do in the future and how getting any of these degrees will help you to achieve your goal. There are several institutes which provide M.Tech course and have a very high prestige in providing the students with good placements and thus considered the top MBA colleges in Pune. They help students with excellent opportunities in their career.

 

Let’s have a Look Around:

 

Satya Nadella, Microsoft’s CEO, has perceived engineering. He mastered to secure both the degrees (MBA and MS) unlike most other engineers.

Another famous business face is N R Narayanmurthy, co-founder of Infosys. Narayan Murthy has chosen the path of completing M.Tech after getting electrical engineering degree.

 

Numbers speak a lot:

 

An engineering student’s life spins around numbers. So to get a proper view on the topic, let's study some statistics. Statistics study shows that around 45% of the CEOs have completed their degree in Engineering. Of this 45%, almost 78% went further and pursued post-graduation. The people going for a post-graduation, among them a whopping 64% opted for MBA. People opting for M.Tech were merely 12%.

 

Pros and Cons of M Tech

 

M-Tech being the most probable career path after B Tech, still a large percentage of engineering students go for MBA. Opting for MBA is believed it to be a deviation from the engineering track. Shekhar Sanyal, director of Institution of Engineering and Technology, stated MBA is more popular in students but we need more M.Tech in the country. 

 

For the engineering students who are brilliant in the subject and want to be an expert in it, then M.Tech is the right path to follow. M Tech is a course that allows you to sharpen your technical knowledge, the M.Tech degree gives the student in-depth technical knowledge. Even though the managerial posts are very tempting, we should not neglect the most important post of chief technical officer who can take part in almost all decisions taken by any company. It does not matter being the manager as you cannot take any technical decisions if you do not possess any technical skills. Another huge advantage of going with M .Tech is that it opens you a path to have a doctorate degree. A PHD can present you with the top notch positions of institutes and colleges, which a have great pay scale.

The most important reason behind the students picking MBA over M .Tech is its restricting scope. To make a successful career in this ambitious world, a person needs in depth knowledge with great technical skills. To rise up, one has to gain expertise in several business management aspects like finance, human resource management, marketing etc. A  M .Tech doesn't have a complete grasp over these aspects unlike an MBA postgraduate and this might obstruct their advancement in the corporate structure. The M. Tech course is harder than pursuing MBA and requires more efforts throughout its completion. 

 

Pros and Cons of MBA

MBA program enables a graduate to manage a vast spectrum of situations which are related to business and it is valued in the market. In other words, MBA finishes ones education by providing a technical graduate with management skills. It widens the option of career opportunities by making the candidate suitable for numerous sectors. It also teaches the candidate with leadership skills and ability to work in team which assists in rising up on the corporate ladder. Also, MBA graduates have high pay scale than any other post graduate.

Even though MBA is good as compared to M.Tech, MBA has a flip side. MBA takes you away from your core knowledge. MBA graduate might never get a chance to get involved in the actual designing of the product.

 

One of the most important negative aspects in the MBA career option is the competition. Thousands of fresh MBA graduates pass out each year go to market searching for the best jobs but only few of them are selected and others wait for the next opportunity to come. The same competition exists during the admission in the business schools. MBA is also expensive as compared to other courses and if you do not get the perfect job role then it might take many years to make up for the academic expenses.

 

            Students pursuing MBA from small institutes do not get its advantage as these colleges do not have very good contact with the companies in the market. So pursuing MBA from a renowned institution is very important. There are several top notched institutes in the vicinity of Pune but S.B.Patil Institute of Management is one of the best MBA Colleges in Pune which gives its students several benefits to make their career and have more job opportunities.

 

An average duration for both MBA and M.Tech is 2 years and the average fees for MBA program is about 2-7 Lakhs as against M.Tech which  is 2-4 Lakhs. Almost 90% of the fresh MBA graduates are hired whereas 70% of fresh M.Tech graduate get placed.

 

Here we have discussed the individual pros and cons of M. tech and MBA; we believe you will now find it simple to choose the career option that is best suited for you. If you like the subject and want to expertise in the subject, then M. Tech is the best option for you. On the other hand, if you want to establish and make a grasp on your career scope, MBA is the choice you can make.