Are there many people who receive an Engineering degree and go on to receive their MBA and how has that been beneficial to your career?

Many engineers pursue a management path a few years into their careers—and that's what the MBA is all about. Since they learned engineering, they know technical principles but don't know how to read a balance sheet, or understand the value of ROI analysis, the NPV of money, how to do a competitive SWOT, and so on.

In the world of technology products, MBA graduates received 10% more compensation than colleagues without an MBA. That said, there are many many other resources beyond university. For many, it's hard to justify the cost of an MBA in both money and time. If time and money were no object, I would suggest that all technical majors get an advanced business degree.

There are as many ways to learn as there are learners. I prefer reading; others prefer lectures. What's your preference?

University is not the only place for education.

Engineers with a goal to enter management will benefit from an MBA.

Hi Rocco,

I'd like to also offer my perspective to this. I graduated with a B.A.S.E.E. in 1997. It was a great start for me at that time of my life (age 21). It allowed me to begin an entry level position in product development with good pay, that ultimately lead to me becoming a lead engineer in that department and others. The changes in technology kept me hungry for knowledge, so I took other independent classes to add to my knowledge base. As time went on, I found myself wanting to move into management, but also wanted to understand how to manage efficiently and effectively, so I went back to school in 2014 to get my M.B.A. Understand, that you don't have to get an M.B.A. to achieve this, but the complete program checked all of the boxes for me. While I was already in management at the point of graduation, the former proved to be true, I am a more efficient and effective manager because I understand the way the entirety of the business works. I feel that it did make me standout in the selection process and resulted in a 20% bump in salary (also a result of understanding my worth).

Ultimately, you will need to take the temperature of your chosen engineering field before making the decision, but you have the benefit of time once you graduate with your engineering degree. Many companies offer tuition assistance that you can take advantage of once you begin working. The benefit of starting work first is that you can determine which concentration you should focus on. It allows you to find an interest and work towards it in a practical way. Especially, if you are using what you're learning on job applications. Hope this helps.

Hi Rocco,

Great question! I’m happy to share my perspective on this question as I am a chemical engineer by training and recently completed my MBA. The benefit I see to pursuing both engineering and business degrees is the complimentary knowledge sets and skills. Indeed, an engineering degree will provide you technical knowledge and skills. It’ll develop your analytical skills and problem solving abilities. A business degree will help you get a better understanding how things work in the marketplace and how to actually run a business on the day-to-day. This is a helpful if you envision yourself running your own company someday. The combination of engineering and business could, for example, help you not only develop a new product but also bring it into the marketplace successfully.

It’s important to remember, though, that you could pick up a strong business sense and skills on-the-job, without having to invest in an MBA (it’s typically a 2-year program and costs a lot of money).

Keep you those great questions!

If you have been scouring the net for international MBA related information, you’d know that a huge number of applicants from India have B.E, B.Tech, M.Tech degrees and several years of work experience after completing their engineering course. You don’t see a similar trend in other professions such as medicine, law, finance / chartered accountancy, entrepreneurship. Why is an MBA after engineering such a popular option for Indian professionals?
Engineers most likely to pursue an MBA

Let’s broaden the definition of what kind of engineers we are talking about here.
Category 1: Computer engineering graduates who work in the IT industry (primarily software development & testing roles)

Category 2: Engineering graduates with a non-IT specialisation (e.g. mechanical engineers, electrical engineers, mining engineering graduates).

Category 3: Non IT Engineers in non-IT roles e.g. mechanical engineers working in a production planning role, electrical engineering students who get into the energy sector, power generation / distribution / transmission jobs

Category 4: Engineers who are already in business oriented roles (like marketing and sales, finance etc).

Of course, you could mix and match these in many more ways, but for the sake of simplicity let’s take these 4 types of engineers.

The fact that the software industry takes up 2 out of 4 slots here, gets reflected in the actual MBA applications as well. Adcoms get overwhelmed (and confused) by the number of almost similar looking profiles they get each year.

Why MBA after engineering

The rationale for category 1 is relatively straight-forward. Why do software professionals go for an MBA after engineering? Ironically, it links back to the underlying reason that gets MBA Admission committees flummoxed.

Despite being ahead of the pack in their academic life, most software professional lose their identities in the ocean of faceless people just like them. Read this related post on Life after IIM / IIT.

The mid-life career crisis starts its onset earlier in the career. As opposed to the earlier generation of professionals who’d start hitting the glass wall after 15-20 years of working, for the current generation, the career cycles are shorter and more frequent.

Within 3-4 years, all the excitement of joining a new company at a higher salary dies down.

For category 2, things aren’t very different. If you thought, they are emotionally scarred for having to work in an industry that they were never trained for by their engineering college, you’d be mistaken.
For mechanical, electrical and mechatronics (yup, we got one from that stream too) engineers who have already transitioned outside their academic specialisation, very few express a desire to get back to their original domains.

But they suffer the same another-brick-in-the-wall syndrome like their peers who have relevant qualifications in computers and software.

An MBA seems like a good way to break away from the clutter and add a recognisable face back. Add to this the fact that the only way for IT engineers to rise through the ranks in the software industry is to take on managerial responsibility in the same field (as opposed to a diagonal or horizontal shift into unrelated areas).

So a few become team leads, project managers and start dabbling in new areas like recruitment, business development, budgeting.

The naturally gifted (and politically savvy) ones manage it well. For the others, an international MBA could get give their career vehicle the little nudge that it needs to start the growth phase again.

For categories 3 and 4, the problem of market saturation and oversupply of similar skills is there. But a bigger challenge is to deal with slower moving career paths. As opposed to software engineers who can expect to become manager in 4-5 years, the path to managerial roles in other industries is painfully slow.

For a category 4 professional who’s done well in the sales role and generated millions in revenue for his employers, there’s less of an incentive for the management to rock the boat and move him into a new role where his skills have been untested.

Ditto for category 3 folks in technical (and not business roles). A production engineer may spend many years in an operational role in companies that still believe in the traditional tenure based approach to promotions. No matter how much potential they have, there’s a long queue of seniors waiting in line for salvation.
Career growth issues for Engineers

The annual appraisals in the office appear to be more of a formality (in some cases, bordering on being a complete farce) to retain the employee rather than being really concerned about how he can develop and grow.

Which is probably why the Career Mock Appraisal Process that we launched purely as an experiment has generated so much interest (we had to turn down / defer most of them as our primary focus has been on MBA applications).

Focussing on the candidate’s interest (& not the employer’s) seems to be an alien concept for most companies.

Hoping that the company will one day realise the employee’s tremendous potential and reward him with all the goodies he deserves could be a naive expectation. Fast-tracking their career needs more than just patience and good work.

This realisation is the wake up call for many engineers that prompts them to consider an MBA.

Whatever your reasons might be, do be aware of the pitfalls of taking up the MBA route. Bschools, just like companies, have their idiosyncrasies. If you’ve read Beyond the MBA Hype, you already know what these are.

Are you an engineer? Which category (from the list above) do you fall in? Why and how do you think an MBA after engineering will help?