MBA After M.Tech: Eligibility, Specializations, Scope, Top Colleges
Are you an M.Tech graduate willing to pursue MBA? Here’s everything to help you consider all your options and follow through with the decision of doing an MBA after M.Tech.
MBA After M.Tech: MBA and M.Tech are the most popular postgraduate degree programs in their respective domains that open a plethora of career opportunities for graduates. But, is it a wise choice to pursue an MBA after M.Tech? Well, MBA is a conceivable option for M.Tech graduates who want to make a switch to managerial positions from the technical domain within a company. Many students, including those from IITs, opt for MBA after completing their M.Tech since it prepares them for a general management career in various sectors other than Technical, like Marketing, Sales, Finance, HR, and Operations, among others.
Since the modern workplace calls for a diversity of talents, many M.Tech graduates are focusing on acquiring knowledge about Business Administration by enrolling in MBA programs. Whatever may be your reason for doing an MBA after M.Tech, it is quite normal to find yourself in a state of dilemma whether to go for it or not. Go through this article where we have provided the necessary information to help you make the right choice.
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Why Pursue an MBA After M.Tech?
The advantages of pursuing an MBA after M.Tech have been listed below:
- MBA helps to improve your managerial skills. If you're a qualified engineer, you already have a solid grasp of how to use technology. An MBA offers you the push you need to address challenges in the real world and improves your leadership and people management abilities. As a result, you are able to take on leadership positions in organizations.
- An MBA degree will assist you in developing entrepreneurial ideas and strategies. You can employ the problem-solving techniques you learn from an MBA in a real-world business setting.
- One of the key driving forces for people to seek an MBA is the competitiveness of the salary package. Engineers who seek an MBA typically start off with a salary of INR 7 to 8 LPA per year. An MBA will help you acquire the knowledge and skills required to advance your professional career and earn a higher salary.
Comparison Between MBA and M.Tech
In order to understand why it is crucial to pursue an MBA after obtaining an M.Tech degree, candidates must go through the differences between the two degree programmes:
Point of Difference | MBA | M.Tech |
Duration | 2 years | 2 years |
Degree-level | Master’s degree | Master’s degree |
Average Fees | Rs. 2,00,000 - Rs. 25,00,000 | Rs. 50,000 - Rs. 2,00,000 |
Average Salary | Rs. 22, 00,000 per annum | Rs. 8,00,000 to Rs 11,00,000 per annum |
Field | Purely managerial | Purely technical |
Specializations |
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Job Profiles |
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Also Read: Which Is Better: MBA After Graduation or After Work Experience
MBA After M.Tech: Eligibility Criteria
There are several renowned business schools in India and across the world that provide a wide range of specialized MBA courses. Given below are some prerequisites that the candidates must meet if they aspire to pursue an MBA after completing M.Tech:
- Candidates are required to have a Bachelor's degree in any stream with a minimum score of 55% for general category candidates and 45% for reserved category candidates.
- It is mandatory for the students to appear for national-level MBA entrance exams like the CAT, GMAT, XAT, MAT, ATMA, and other common entrance tests and obtain a minimum overall score to qualify for these exams, in order to seek admission into a reputable university.
- Some universities also conduct university-level entrance exams to shortlist prospective candidates for the MBA program. It is crucial for the applicants to qualify for these institute-level exams as well in order to become eligible for admission to their desired institutions.
- Individuals who wish to study an MBA after M.Tech abroad must qualify for the GMAT and GRE exams by obtaining the minimum required scores, submitting an SOP, Letters of Recommendation, and successfully passing language proficiency exams like the TOEFL and IELTS.
National-Level Entrance Exams for MBA After M.Tech
National-level Entrance Exams for M.Tech
GATE
GRE
OJEE
TANCET
IPU CET
BHU PET
Top MBA Specializations After M.Tech
After pursuing an M.Tech, candidates can choose from a wide range of specializations under the purview of MBA that will help in advancing their professional career. The top specializations that M.Tech graduates can pursue have been mentioned in the table below:
IT Management | Human Resources Management |
Business Analytics | Project Management |
Digital Marketing | Database Management |
Operations Management | Logistics and Supply Chain Management |
IT Administration | Product Management |
Insurance & Risk Management | Marketing |
International Business | Data Analytics |
Finance | Pharmaceutical Management |
Aviation Management | Agribusiness |
Top Colleges Offering MBA After M.Tech in India
Since MBA is a globally acclaimed degree, some of India's best universities provide a world-class curriculum and facilities. The most eminent colleges in India for graduates in M.Tech who want to earn an MBA degree are listed below:
Name of the Institute | Average MBA Fees (in INR) |
IIM Ahmedabad | 23,00,000 |
IIM Calcutta | 31,00,000 |
IIM Bangalore | 24,50,000 |
17,88,000 - 20,63,000 | |
IIT Delhi | 9,60,000 |
Institute of Management Technology, Ghaziabad | 6,00,000 - 19,53,000 |
Indian Institute of Foreign Trade, New Delhi | 17,70,000 |
Management Development Institute, Haryana | 12,80,000 - 23,58,000 |
Christ University, Bangalore | 8,25,000 |
SVKM's Narsee Monjee Institute of Management Studies, Mumbai | 14,34,000 |
Symbiosis Institute of Business Management Pune | 15,32,000 - 21,32,000 |
XLRI Jamshedpur | 23,60,000 |
Scope of MBA After M.Tech
Since everything comes down to money and returns on investment, candidates must be aware of the employment prospects before enrolling in any specialization. Some of the job profiles associated with specific MBA specializations have been provided below:
MBA Specialization | Job Profiles |
MBA in Finance |
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MBA in Operations Management |
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MBA in Information Technology |
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MBA after M.Tech Top Recruiters
The most popular recruiters for M.Tech graduates aspiring to pursue an MBA have been mentioned below:
Amazon | Cognizant |
Deloitte | |
JP Morgan | Microsoft |
Morgan Stanley | Bain & Company |
AlixPartners | Accenture Strategy |
AT Kearney | BCG (Boston Consulting Group) |
MBA After M.Tech Salary
The dual specialization of MBA after M.Tech makes the candidates eligible for significantly high salary packages and top positions. Listed below are the job profiles and associated pay scales available after obtaining an MBA after an M.Tech:
Job Profile | Salary Package (in INR) |
HR Manager | 7,25,000 |
Information Systems Managers | 20,00,000 |
Marketing Manager | 6,85,280 |
Analytics Manager | 20,00,000 |
Operations Manager | 3,50,000 - 8,00,000 |
Inventory Control Manager | 4,00,000 |
Finance Manager | 11,00,000 |
Risk and Insurance Manager | 9,00,000 |
Credit Analyst | 13,00,000 |
Product Manager | 17,32,442 |
Supply Chain Program Manager | 4,50,000 - 12,00,000 |
Market Research Analyst | 8,00,000 |
We may, therefore, conclude that enrolling in an MBA programme after completing M.Tech attracts lucrative work opportunities and offers a fairly large return on investment. MBA equips the candidates with managerial and administrative abilities so that they can transform into successful entrepreneurs. MBA enables one to explore a wide range of domains and results is rapid career advancement.
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FAQs
Can I pursue MBA after M.Tech?
Yes, it is possible to pursue MBA after M..Tech. It is a good switch for those M.Tech graduates who want to transition from the technology sector to the management domain. It prepares them for a general management career in marketing, sales, finance etc.
Who should pursue MBA after M.Tech?
The modern work environment steadily requires professionals who can catch up with the ongoing tide of changes. Those graduates who wish to be prominent in the management side of the business can pursue an MBA after M..Tech. It is a good option for those who want to explore new avenues in business administration.
Is it a good option to do MBA after M.Tech?
Yes MBA after M.Tech is a good option. It is precious to be a master in both the technical and business fields. It will help them fulfil their goals of becoming entrepreneurs and starting something all by themselves. Also, it will help them to climb the corporate ladder by assisting them to gain expertise in the business domain.
Why study MBA after M.Tech?
MBA after M.Tech should be studied if aspirants wish to find employment in top job profiles with high salaries. Specialising in both subjects helps to build a good resume and develops the necessary knowledge required to work in large national and international firms.
What is the duration of an MBA after M.Tech?
The duration of an MBA after M.Tech is of two years if pursued full-time. The course can be extended up to three to four years if done in part-time mode. The programme includes classroom training and internship opportunities that help students get acquainted with the industry.
What are the eligibility criteria for MBA after M.Tech?
The minimum eligibility criteria for MBA after M.Tech is 50% marks in undergraduate. There is no separate requirement for the postgraduation percentage. Appearing in entrance exams like CAT, MAT, XAT, SNAP etc are mandatory to get admission to a prestigious MBA college in India.
What are the top specialisations for MBA after M.Tech?
The top specialisations for MBA after M.Tech are marketing, international business, logistics and supply chain management, communication, product management, power management, media management and data management. Students should choose their specialisation according to their interests.
What is the scope of an MBA after M.Tech?
The scope of an MBA after M.Tech is vast as now the candidate is well-versed in both technical and management aspects. They can get job opportunities in finance, banking, insurance, accounting, human resource and many other fields after earning an MBA. There are job opportunities in telecommunications, media, communications, informatics and consultancy services.
What are the top job profiles of an MBA after M.Tech?
The top job profiles of an MBA after M.Tech graduate is credit analysts, brand managers, analysts, systems managers, chief technology officers and supply chain managers. There are several other top managerial positions open depending on the specialisation chosen by the candidate. The top recruiters are Amazon, Cognizant, JP Morgan, Bain and Company and Deloitte.
Who earns more: an M.Tech graduate or an MBA after M.Tech graduate?
An M.Tech graduate does not earn as much as an MBA after an M.Tech graduate. The average starting salary of an M.Tech is INR 6,00,000 to 8,00,000. On the other hand, an MBA after M.Tech graduate gets a better starting salary package of around INR 12,00,000 to 15,00,000. However, it should be kept in mind that the salary structure depends on the knowledge and skills of the candidates as well as the company they are joining.