MBA after M.Tech
MBA after M.Tech: Students after completion of their M.Tech degree remain in the state of dilemma of whether to go for MBA or not? Or will it be a wise choice to pursue it? Will MBA help in expanding their annual packages or not? they struggle with all these questions in their mind. To make it less challenging for the students ,we are providing all the related information in this following article including advantages of pursuing MBA after M.tech, scope of doing MBA and best colleges for management courses in India.
Why Pursue MBA after M.Tech
Pursuing MBA after M.Tech is an acceptable option for the graduates who want to shift their domain from technology to managerial positions within an organisation. Many successful personalities in India such as Ashoke Soote, founding chairman of Happiest minds had also shifted his career from technical to management at the age of 31 and running a successful organisation.
Many successful personalities in India such as Ashoke Soote, founding chairman of Happiest minds had also shifted his career from technical to management at the age of 31 and now runs a fortunate company. Thus, MBA provides one with management and business skills which complements their technical expertise and if one is interested in leadership roles, entrepreneurship then MBA is one of the best post graduation to opt for.
Eligibility Criteria for MBA after M.Tech
Students who wish to pursue MBA after M.Tech needs to fulfil some minimum criteria by the universities in order to secure their admissions in good colleges of India.
Students should have a bachelor’s degree in any discipline with a minimum score of 55% for general category and 45% for reserved ones.
Students also have to appear for national level entrance exams for MBA such as CAT (for IIMs in India), XAT, GMAT etc. It is required to score a good percentile to get admission in the dream colleges.
There are some universities who conduct entrance exams on university levels too such as SNAP entrance test for MBA is one which allows the students to take admission in their 16 symbiosis institutions.
Those students who wish to pursue MBA from abroad have to give entrance tests such as GMAT and GRE. In addition to this, they are also required to give English language proficiency tests such as IELTS or TOEFL asked by the respective universities.
Benefits of Pursuing MBA after M.Tech
Check out the advantages of pursuing an MBA degree after M.Tech.
Develop managerial skills - To be a well rounded professional, it is very necessary to develop the management skills in order to manage different functions of the organisation and if you're from the engineering background you already acquire the knowledge of technology. Understanding of both technology and management will help you to excel in every sector such as Marketing, sales, finance etc.
High annual package - Specialisation in MBA degree with an IT background offers very attractive annual packages that range from 8 lakhs to 24 lakhs per annum. This is the key reason why people shift their career from engineering to management.
Problem solving skills - MBA programs help in developing problem solving skills which helps improve our ability to solve any complex problem and make appropriate decisions in any organisation and real life setting also.
Entrepreneurship - MBA degree also teaches the required skills to run one's own business, if an individual dreams of running his or her own tech related company can blindly pursue MBA.
Scope of MBA after M.Tech
After spending so much into their higher education students expect a good salary package and a desired role in the organisation. As not everything revolves around money, students are conscious about the fact that what if they are not able to perform the job they really wanted to do and what if they lacks the interest in what job they choose.
In order to avoid this hassle, it is always recommended to look out all the career options available after doing the particular course. Here’s the list of job positions after graduating from a specific field in MBA after M.Tech.
MBA Specialization | Job position after MBA |
MBA in Finance | Credit Analyst |
Finance Manager | |
Chief Financial Officer | |
Risk and Insurance Manager | |
Project Manager | |
Logistics Manager | |
MBA In Operations Management | Operations Manager |
Supply Chain Manager | |
Inventory Control Manager | |
MBA in Information Technology | Analytics Manager |
System Manager | |
IT Manager | |
Senior Product Manager | |
Data Processing Manager | |
Chief Technology Officer | |
Technical Product Manager | |
Information Systems Manager |
These are some roles associated with the different specialisation within MBA and students are required to choose their field as per their interest.
Top Colleges Offering MBA after M.Tech
Here’s the list of top 5 MBA colleges with an average package offered which would help the students to shortlist their dream colleges.
Top 5 colleges offering MBA after M.Tech | Average package offered |
IIM Ahmedabad | Rs 32.79 LPA |
IIM Bangalore | Rs 33.00 LPA |
IIM Calcutta | Rs 35.07 LPA |
IIM Lucknow | Rs 32.20 LPA |
IIM Kozhikode | Rs 31.02 LPA |
Also read- IIM Placements
Top MBA Colleges Offering MBA after M.Tech - Fee Structure
Pursuing MBA in India or abroad is quite expensive as compared to other post-grad degrees so it is advised to the students to thoroughly research about the fee structure of the colleges they wish to enrol in. Below is the fee structure of some top MBA colleges.
Top MBA colleges in India | Average fee structure |
IIM Ahmedabad | Rs 24.61 lakh |
IIM Bangalore | Rs 24.50 lakh |
IIM Calcutta | Rs 27.00 lakh |
IIM Indore | Rs 21.14 lakh |
XLRI Jamshedpur | Rs. 23.15 lakh |
IIM Lucknow | Rs 20.70 lakh |
Must read- IIM Fee Structure