MBA Students who have an engineering background can prosper
MBA students in India are some of the most hardworking academics. Especially those who manage to get a seat in the esteemed IIM. A very common trend in India is a student with a B Tech applies and excels in the field of management studies by doing an MBA. Many students at IIM are graduates from the various IIts across India. Apart from having no background in the field of commerce these students excel at IIM.
Benefits of the dual degree that engineering students enjoy
There is an average salary 3-4 times for a dual degree of IIT and IIM and since IIT gives you a bachelor’s degree (JEE) and IIM gives you a master’s degree, masters must be done after bachelor’s and often after IIM they go for upscc (many like Arvind kejriwaal, Gaurav agarwal upsc topper 2014 studied at IIT lucknow and last year upsc rank 244).
And some become excellent authors.
The reason behind everyone going to IITs is the rate of success. Living among the most creative minds of the nation gives you a lift and a reminder here (that there are people better than or comparable to you).
You’re getting to know your skills better than ever. The IIT tag, you know, the country’s most talented students slog it out every year to get that, the IIT tag. They want the IIT tag, they want to become IITians, not Engineers, and that’s the centre of the question. The three main reasons why most students want to participate in IITs are income, peer pressure and social status (Yeah, a few, no no no, the few people are really interested in being Engineers, or do engineering.)
Once these IIT aspirants join any IIT, they face the harsh and severe realities of IITs, the real IITs. The standard of education, study production, curriculum and faculty are so bad that none of the IITs are so bad (despite getting the best students of the country)
The CAT outcome this year has a surprise component: all engineering students are 20 candidates who have scored 100 percentile. A look at the trend of recent years shows that most Popular Aptitude Test toppers, particularly from IITs, have been engineering students. For science students, it has become a tradition to get admission to a prestigious IIT and then ace IIM for a degree in management. But why has the MBA become the next landmark for these students: is it the fat pay, love for management courses, adding another jewel to their crown, better job development, social standing, or all of the above reasons?
In India, the intelligence of a student is established on the basis of the rankings of his college / university. So, if a science student passes the Joint Entrance Examination (JEE) and is admitted to IIT, he enters the elite group. Yet not all realise what their true calling is and end up following careers that are run-of-the-mill.
An engineering degree has therefore grown into a default course. “It’s a wild chase. Do engineering first and then decide what you want in your life to do next. They are ignorant of what their true love is. Parents navigate their interest in the wards and make them run for a ‘safe’ job. Muralidharan, who himself is a graduate of IIT Madras and IIM Ahmedabad, says that there is no interest in creativity. Rahul Sharma, CAT topper and IIM graduate, says that certain courses help students get corporate offers. “Engineering students are quite good with maths and reasoning. So they’re able to find good opportunities in the field of finance. Most of them go for Operations Management — because they’re mechanical engineers and are good at projects that involve industrial research.” Prof Rajendra K Bandi, too, believes that students find education in management complementary to their engineering background. “Also students feel that an MBA qualification from a good institute will put them on a fast track mode in their career,” said he.
An engineer commands a better pay package than any other course, driven by an MBA degree. The average package for an engineering student is about 11 lakh, but if they combine degrees from most sought-after institutes, then for freshers, the package shoots up to 18 lakh.
“The market has always valued a good mix of techno-management skills from the corporate world perspective,” said Bandi. There is one more explanation why recruiters favor engineering graduates. After a four-year course, an engineer obtains a degree, while other programmes like B Com are completed in three years.
How to select a Job after education
The biggest challenge in the life of a final year student in engineering is the choice between taking a job and pursuing a master’s degree. And the argument between a job vs. MS or a job vs. MBA only intensifies as the graduation date draws closer. Some people are fortunate. Their vision of the future is crystal clear. Whether it’s in an office or an exuberant university in the USA, they can imagine their future very well. But making this choice for conflicted people is like walking through a twisted maze. Am I going to take the job? Or am I applying for an MS from a good uni in the US? Is an MBA probably your real calling?
As they receive a generous placement offer (on average), this is a double whammy for IIT graduates, and the fat paycheck inevitably makes the option even more difficult. But before you can choose between a position or masters, there are several variables and personal factors, here’s a logical rundown of steps you can take to make the decision-making process much easier.
Chetan Bhagat is one of the people who lived the ‘Indian Dream,’ but who found fame and happiness in an old profession. But he was never happy, in his own words. To write sub-par literature, the IIT-IIM graduate quit his high-paying work. And while people like me may criticise his work, it is an undeniable fact that he is popular, and one of today’s most recognised Indian writers in English. He did not need an IIM degree in order to do what he loved and live a life on his own terms. In fact, if he had studied English or one of those wretched subjects of the Arts, he probably would have written more complex books.