Why PGDM(MBA) after Engineering is becoming a popular choice for a successful career?
For fresh undergraduate students today, a Master of Business Administration (MBA) or a Post Graduate Diploma in Management (PGDM) is one of the most prominent programs that educate you to take on consulting or managerial jobs, at the senior, mid, or entry-level, across several corporations. You can also begin as a versatile entrepreneur and start your own business venture. Whether you consider MBA as a safety net or a tick in the box, it has a large spectrum of prospects, from skill development to career advantage, innovative curriculum besides diverse specializations.
An MBA or a PGDM has served as a cherished objective for those seeking to enhance their careers and management techniques to lead their industries. The versatility of a Master of Business Administration from the best MBA(PGDM) colleges in India implies that graduates from all disciplines – technology, humanities, science, engineering, and more – can reinforce their bachelor’s studies and enhance their careers to the next level.
Engineering is a default course the students in India because of peer pressure or societal obligations. Midway through their B.Tech course, many students acknowledge that engineering was never meant for them. As there are plenty of engineers graduating each year, the sheer competition in this field has heightened, leading to low employment throughout the country.
On the contrary, MBA(PGDM) graduates from the top PGDM colleges in India with the highest placements get paid better in various companies and are provided with more respectable jobs. B.Tech graduates realize it is extra beneficial to pursue a PGDM and land a lucrative job rather than struggle with unemployment.
Why is an MBA(PGDM) after B.Tech or B.E. considered the most viable career opportunity for students today?
Though every MBA(PGDM) course offers a certain specialization, it is a course that enriches your general perception of business organizations and corporations as it instills various skills within the candidate, like analytical, creativity, communication skills, problem-solving, confidence, and the like.
Many aspirants often inquire, why pursue an MBA or a PGDM after a graduation course in the engineering discipline? The answer to this most common question is very simple: An MBA or a PGDM from the top PGDM colleges in India with the best placements is an internationally recognized degree, which assists tremendously to develop the confidence of fresh graduates who aspire to pass into the business world. In this blog we have tried to provide excellent and exhaustive details that might allow you to determine why taking an MBA or a PGDM from the best B Schools in India, particularly in Bangalore, is beneficial for your career prospects.
Why MBA/PGDM after Engineering?
A PGDM(MBA) after an Engineering degree is an incredible option as it shows you how to build, market, finance, and manage the products, whether digital or physical, that you manufacture. An MBA after engineering empowers engineers to climb up the corporate ladder and take up leadership roles. Since big companies are often on the lookout for specialists with certain experience in the managerial and administrative field, an MBA or a PGDM degree in engineering is certainly beneficial for career growth and prospects.
An MBA or a PGDM degree after engineering can help candidates pursue a career abroad as there are a large number of job roles for MBA graduates along with an engineering degree. Job opportunities abroad also bring along competitive and lucrative packages. Is it the right choice to do an MBA or a PGDM after engineering? On average, the number of engineering graduates each year stands at 15 Lakhs. However, most of these candidates are not able to get a suitable placement after completing their engineering degrees and this is why many engineers choose to go for an MBA or a PGDM after B.Tech or B.E degree.
Despite the greatly widespread perception that engineering offers lucrative career alternatives, the ground reality is relatively different. According to the National Employability Report 2016 by Aspiring Minds, about only 8 percent of engineering graduates are an absolute fit for core engineering jobs. So, the issue that bothers most of the candidates is why an MBA after Engineering. What is the scope of an MBA after B.Tech or B.E. courses?
Many engineering students are oblivious to comprehending the career choices for them if they pursued an MBA or a PGDM after engineering. In the classic case of Engineering + Management, most are not convinced with what the latest market has to offer in financial terms and job quality. But they should make sure they pursue it from one of the best MBA colleges in India with top placements.
An MBA or a PGDM degree gives students several options since they are extremely well-equipped with technical skills and creativity which results in them being quick learners. It can be beneficial for students of diverse engineering branches as it provides room for a sufficient amount of growth. If you desire to pursue an MBA or a PGDM after engineering, it can fetch you respectable jobs in companies from diverse sectors such as manufacturing, IT & ITES, banking, financial services, business consulting, real estate, FMCG, automobile, telecom, consumer durables, among others.
Specialization in MBA or PGDM after Engineering
The answer to this question lies in the area of interest of students and the field in which they desire to acquire their skills. Each specialization is different, and the career path of students will be mapped according to the MBA specialization they decide for themselves. Here are some specializations you can choose from:
- Operations Management
- Business Analytics
- Digital Marketing
- Product Management
- International Business
- And many others
Benefits of PGDM(MBA) after Engineering:
In recent years, more and more engineering graduates are opting for a PGDM(MBA) program after completing their graduation. It is because a PGDM(MBA) degree offers a wide range of career opportunities, better salary packages, and a chance to learn management skills, which is crucial in the corporate world. Here below are the top 5 benefits of PGDM after Engineering.
- Opportunity to enhance management skills
Engineering students are known for their technical knowledge, but they lack management skills, which are essential for a successful career. A PGDM(MBA) program offers a chance to develop management skills such as leadership, communication, problem-solving, decision-making, and teamwork. These skills are crucial for any managerial position in the corporate world.
- Wide range of career opportunities
After completing a PGDM(MBA) program, students have a wide range of career opportunities in various fields such as marketing, finance, operations, human resources, and entrepreneurship. This makes it an ideal choice for those who are looking for a versatile career. The demand for management professionals is also increasing in various sectors, making it a lucrative career option.
- Better salary packages
A PGDM(MBA) degree opens up new avenues for higher-paying job roles in the corporate world. According to a report by payscale.com, the average salary for an MBA graduate in India is around Rs. 7.5 lakhs per annum, which is significantly higher than the average salary for an engineering graduate. Additionally, many companies offer attractive salary packages and other benefits to MBA(PGDM) graduates.
- Chance to build a professional network
A PGDM(MBA) program provides an opportunity to build a professional network, which is crucial in the corporate world. Students get to interact with professionals from various industries and sectors, which can help them in their career growth. They also get a chance to attend seminars, conferences, and workshops, which help them in developing their skills and knowledge.
- Entrepreneurship opportunities
A PGDM(MBA) program offers a chance to learn about entrepreneurship and business management. This makes it an ideal choice for those who want to start their own business or become entrepreneurs. The program covers various topics such as business planning, marketing, finance, and operations, which are essential for running a successful business.
Conclusion: Is It Worth It?
To obtain a fair response to this question, we must take into account several factors. Firstly, a PGDM program is relatively expensive and may burn a hole in one’s pocket, so to speak, however, one mustn’t get deterred by it as one can also anticipate a decent output through salary. However, whilst intellectually calculating the input, one must weigh the time invested in the PGDM(MBA). The scope of an MBA or a PGDM degree after engineering is endless and one needs to carefully think about it before pursuing admission to any of the best B Schools in Bangalore.
One can significantly expect to make a generous return on investment with an MBA or a PGDM degree as it would lend you a decent position in any corporate organization or business and would assist you to earn considerably more than a graduate student. Besides, obtaining a job in a managerial position, would not only be a much nicer career choice but would also furnish you with the golden opportunity to ascend the corporate ladder swiftly. This is another vital element one must not skip while measuring the potential ROI and which PGDM(MBA) specialization is best after B.Tech.
You should smoothly and independently evaluate all such components while assessing the benefit a PGDM might have for you and how it would be beneficial for your career growth in the longer run. You should also meticulously analyze which specialization in MBA(PGDM) would empower you. In a nutshell, it can be announced that when all such aspects are taken into account, an MBA or a PGDM from GIBS Business School, one of the top PGDM colleges in Bangalore after engineering, seems like the most lucrative career choice ever!
GIBS Business School is an Exclusive Business School offering PGDM – AICTE Approved Program & BBA – Bangalore University Program. GIBS Has been considered as a Top Business School in India with the Best ROI College in Bangalore. GIBS has Ranked TOP 10 Business Schools in India under Management Category. Being a Best PGDM/MBA Colleges in India GIBS’s 70% focus will be on Practical Exposure. GIBS Accept CAT/MAT/CMAT/ATMA Entrance Test with a minimum 60 percentile. GIBS is promoted & Driven by IIM Alumni and being a Top B School in Bangalore our Focus will be on the Holistic Development of IQ, EQ, SQ & HQ. GIBS is a preferred choice for the Management student because GIBS IRE School & Finishing School is one of the unique programs which provides the best placements for PGDM & BBA Students in Bangalore. To get PGDM Admission in Bangalore aspirants can call GIBS executives at any moment and clarify their queries.
GIBS always believe in seeing is believing and we bet that you will love the state-of-art corporate infrastructure and you will also love meeting the team of innovative minds at GIBS who believe in spreading the Power of Positivity. Looking forward to meeting all of you in person at our campus. Thanks one and all.