If your career goals require managing teams of people or multifaceted projects, or if you want to start your own business someday, the MBA is the logical choice. MBA candidates with engineering backgrounds make up the second largest population of students at Rutgers Business School.
Engineers—both domestic and international—come from a wide variety of backgrounds civil, mechanical, chemical, etc. These students already have the quantitative and problem-solving skills that companies crave, with room to grow in soft skills such as teamwork, leadership, ethics, communication, critical thinking, negotiation dynamics, and strategic planning.
These are all highly valuable skills that you would learn in an MBA program. Engineers are builders and problem solvers. Engineering backgrounds certainly translate well when coupled with an MBA. The pace of business decisions and the global impact continue to increase so companies are seeking agile leaders who understand the implications of decisions across their organization — not just in one functional area. Even a pure engineering firm needs a leader with strong business skills to ensure the success and growth of the firm.
One of the major trends that works well for engineers is the significant increased focus on analytics across industries and functions. The engineering students I have worked with add significant value to their employers with the strong analytical skills. Are there any emerging industries for new leadership opportunities in engineering that you foresee? C-Suite roles are requiring increased agility in strategic decision making, managing cross functional teams, and providing increased analytics to monitor the business and support the decisions.
Engineers with the added management training of an MBA are well positioned to advance into these roles. The systematic thought process they use as engineers translates effectively to management when coupled with a business education and perspective.
One of the best examples of the difference between an engineer and a business leader with engineering experience comes from the world of product design. The engineer wants to include all the features and functions in the product that they are capable of designing. The business leader wants to include the features and functions that are important to their clients and prospects and that differentiate from their competition. These skills are critical for anyone who aspires to take on managerial roles in their career.
Understand Business as a Whole. Develop a holistic perspective to work and work-related problems. Business requires to observe the macro-level problems. Problem-solving is far more complex and dynamic in a business environment.
Learn how to solve problems holistically. Fast-Track Your Career. This clearly points to the fact that the corporate world also favors engineers with a management specialization. You can command a higher pay, and faster career growth with an Engineering plus MBA combination. Experience Personality Development. Many students who opt for an MBA after engineering develop their personality as well. The MBA curriculum focuses a lot on group discussions, projects, presentations, and industry visits.
As a result, students hone their personality, develop confidence, and learn to communicate well. These skills are important for any future manager.
In addition to personal development, students who choose to study MBA abroad, gain a new perspective about businesses, and experience living abroad. This exposure helps to stretch your cultural and intellectual boundaries.
Do engineering students feel that MBA is the most coveted degree?
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