The document discusses the benefits of pursuing an MBA after completing an engineering degree. It notes that an MBA can open up better career opportunities with higher salaries, as engineers tend to earn more in managerial roles than technical ones. An MBA also provides a combined functional and technical perspective that is valuable for companies. Some other benefits mentioned include more job opportunities, the ability to stand out among candidates, and the potential to shift careers midway if desired through an MBA. Specific career paths for engineers who have done MBAs like marketing managers, entrepreneurs, and senior leadership roles in various industries are also listed.
5. Are you?
Ambitious and determined
Good academic background or solid
work experience
Strong idea of career direction
THEN YOU CAN DO MBA!!!
6.
7. MBA Trends
20% of graduates plan to go into business for
themselves
<10,000 MBAs
awarded in 1965
48,000 MBAs
awarded in 1998
94,000 MBAs
awarded in 2004
110,000 MBA’s
awarded in 2008
9. Mah-MBA/MMS-CET more popular in
Maharashtra over CMAT/CAT for MBA
Admissions
MAHA MBA MMS CET 2014: 99.95 per cent
candidates clear the exam
Over 79,410 students cleared MBA entrance
in state
10. Why MBA after engineering
The mid-life career crisis starts its onset earlier in the
career.
Within 3-4 years, all the excitement of joining a new
company at a higher salary dies down.
Things aren’t very different.
Very few express a desire to get back to their original
domains.
Challenge is to deal with slower moving career paths
No matter how much potential they have, there’s a
long queue of seniors waiting in line for salvation.
11. Higher Salaries:
Engineers working on technical projects(very tough ) earn
less than those working on managerial positions.
Combined Functional and Technical Perspective:
Engineering + MBA = Better Asset For Companies.
Different perspective
A technical approach + a functional approach
=
growth of an organization.
Why MBA after engineering
12. Why MBA after engineering
Better job opportunities: Finding a job after a
degree in engineering is very hard in this era of
Globalization and Competition. You need to have
something more. You need to stand out from the
crowd.
Interest: Of course this is another factor which
drives us to do MBA after BE. As I said earlier,
there are a few engineering graduates who do it by
choice. Interest is their gravity which pulls them
towards MBA.
13.
14.
15. What MBA does to you ??
MBA increases the value of your resume
MBA gives you an Edge over other Engineers
You get a better chances of getting higher posts
MBA will make you the perfect candidate for the role of a
group leader.
You would lead a small technical group and work under
minimal supervision.
Engineering is a technical subject and hence Engineers
have technical knowledge but managerial level skills are
missing in them so MBA helps them to get those skills
which will be required in the further stage of the career
16. What MBA does to you ??
MBA after engineering
improves career
prospects
18. “Goals describe your destination,
your 'point B.' If your goals are
unclear, your career progression
will be unfocused and
haphazard."
19. Ask questions to yourself??
Questions that he suggests asking oneself in order to
help clarify goals include:
What level of responsibility do you want to have?
What projects would you like to head?
What results do you want to achieve in your
department or organization?
What type of company do you want to work for
(culture, size, integrity, reputation, etc.)?
What problems or concerns do you care enough about
to focus your entire career on solving?
20. Ask questions to yourself??
What type of environment do you want to work in?
What type of people do you like to work with?
What compensation (salary, benefits) do you desire?
What type of work/life balance is best for you?
"When you're setting goals, think about the end result
and then work out the details,“
"Then, break those details down into do-able pieces.
Each goal should have small, clearly defined action
steps to help you get there."
21.
22. Salary packages !!!!
In India, payscale.com data, the average annual salary of
a marketing manager
Pune - Rs 5.5 lakhs+
Mumbai - Rs 7 lakhs+
New Delhi - Rs 6 lakhs+
Bangalore - Rs 7 lakhs+
23. Why Get an MBA?
To open new career opportunities
Personal development – intellectual stimulation, self-confidence
Shift from individual contribution to managing others
To further your career – stay competitive
To increase salary & Potential to network
24. What You Get with an MBA
“Boot camp” training for management
A focus on all specialist areas of
management
Combination of technical and “soft” skills
In-depth focus of a particular discipline, if
desired
Credentials
25. Employable skills gained from
management
•Academic achievement:
•demonstrates application and high
standards of performance
•Communication skills:
•listening, speaking carefully and
clearly, the ability to put across your
arguments fluently in writing
•Analysis:
•distinguishing relevant from irrelevant
information, identifying issues and
problems
26. Career opportunities after
MBA/MCA
Brian Piepgrass, Growth Marketing
Manager - Facebook Careers
Brian Acton
Co-Founder,WhatsApp.Inc
Jack Dorsey is an American web
developer and businessman widely
known as a co-founder and co-creator
of Twitter,
27. Mallika Srinivasan MA, MBA,Chairman and CEO TAFE .
Indra Krishnamurthy Nooyi
B.Sc. MBA ,Chairperson and Chief Executive
Officer of PepsiCo,
Chanda Kochhar B.A,MBA
managing director & CEO of
ICICI Bank
Sulajja Firodia Motwani MBA, Joint Managing Director of
Kinetic Motor Company Limited.
30. Some answers of engineering
students
"The Job wasn't good enough" or "The job wasn't
something I wanted to do long term“
I cannot go for my dream job from IIT but I can
after an MBA
It will help me in future when I open my own
venture
My parents/friends/seniors told me to
engineers who have already transitioned outside their academic
Higher Salaries: Engineers working on technical projects will earn less than those who are working on managerial positions. Although work schedule on technical jobs is very tough as compared to managerial jobs.
Combined Functional and Technical Perspective:
Engg.+MBA = better asset for companies.
different perspective= a technical approach + a functional approach. = growth of an organization.
Better job opportunities: Finding a job after a degree in engineering is very hard in this era of Globalization and Competition. You need to have something more. You need to stand out from the crowd.
Interest: Of course this is another factor which drives us to do MBA after BE. As I said earlier, there are a few engineering graduates who do it by choice. Interest is their gravity which pulls them towards MBA.
Combined Functional and Technical Perspective: Because engineers who do MBA after engineering, prove to be a better asset for companies. Engineers and MBA both look at things in a different perspective. Engineers will always think in a technical approach and MBA will always think in a functional approach. Both approaches are important for business development. Now if an engineer is capable of thinking in both these approaches in a broader perspective, he can definitely play an important role in growth of an organization. This ability to utilize both technical and business skills to provide solutions is a valuable asset for any company.
Better job opportunities: Finding a job after a degree in engineering is very hard in this era of Globalization and Competition. You need to have something more. You need to stand out from the crowd. Now how you do it, it’s all dependent on you. Some graduates chose to get some professional certifications.
Interest: Of course this is another factor which drives us to do MBA after BE. As I said earlier, there are a few engineering graduates who do it by choice. Interest is their gravity which pulls them towards MBA.
MBA is not always a non Technical job. There are many students who choose fields like Quality Control, Six Sigma, Total Quality Management, Sales engineering, Auditing, Health and Safety as their major courses in MBA. This opens a complete new door of opportunities for them where they can enjoy working in both technical and managerial environments at the same time.
You will be required to provide guidance, set expectations, clarify responsibilities, and provide feedback for project team members in accomplishing tasks and goals.
Tell them that it could be any field i.e media ,fun and entertainment, education,manufacturing,accounts