Thinking about entering an MBA program? Great idea! An MBA can provide you with a business background that can offer you more challenging positions and advancement throughout your career.
If you're like most engineers, you probably have a solid technical background. Companies value technical/scientific backgrounds and increasingly want to fill management positions with candidates who have technical backgrounds along with an understanding of the business environment.
Another benefit of an MBA is salary increase. On average, an individual with a Masters in Engineering will make much more annually more than one with only a Bachelor's in Engineering. Along with the potential salary increase, the MBA will add flexibility and credibility to your personal portfolio. What's involved in an MBA program?
Basically all MBA programs have a core curriculum consisting of the major business disciplines: finance, management, accounting, marketing, manufacturing, economics and organizational behavior. Beyond this, one can usually specialize in a particular area or take a broad general management route. When considering which program to enter, consider the following criteria :
- reputation, curriculum, teaching/learning methodology
- job placement, career support, networking
- Quality of Life
- location, social life
- tuition, cost of living, financial aid
Cheers Ankan Ghoshal
Student Batch 2010-12 FOSTIIMA Business School