Manas Paldhe, travaille à l'université de Purdue
Mise à jour il y a 237w · L'auteur dispose de réponses 136 et de vues de réponses 1.7m
Réponse d'origine: Why do Indian engineering students study for 4 years and then decide to do MBAs suddenly after coming out of college? They never use their engineering degree, so why did they do it at the first place? Is money the only motivation?
I worked with Prof. Manish Sharma (B.Tech from IIT Kgp, MS, PhD from Stanford) for my undergraduate project. Through on campus placements, I got a managerial job at Flipkart. I wasn't very interested to join there. He asked me why not. I replied, "I studied engineering. I want to be in technical field. Why do management job?". To this he gave a very nice reply. These are not exact words, but the conversation was on the similar lines as follows:
He: What do you think I do?
He: Well, you think so. But most of my work-time, I spend as a manager. I manage my students. I conduct meetings, write proposals, manage grants, paperwork, etc. Most of my time goes into management. Students do most of the research. I guide them. I do not perform the experiments myself. Even if you work in a tech industry, you will have to become manager some day. You cannot live as a developer all life. You will become senior developer, product manager, director of a division and then hopefully VP and CEO of a company. Does a CEO write code?
Management is important in life. Even a researcher needs to manage his time, money, effort etc. Maintaining good relations with your colleagues is "relationship" management. Don't think management is bad. It is essential to be a good manager to be successful in any field.
I did not take that job. I am currently pursuing master's in computer engineering. But that does not mean, I will probably not pursue an MBA, but I will surely learn management.
Now, to come to your question, MBA is very useful as career boost. Students coming out of college work in firms like Deutche Bank (DB), Goldman Sachs (GS), McKinsey, etc. We can argue about how much of engineering knowledge is useful. I think a lot. GS, DB etc hire students as software developers, for machine learning applications etc among others. Even after MBA, the firms hire MBA graduates for similar positions, but higher post and salaries.
Next, a lot of MBA graduates go for FMCG firms like ITC, P&G, HUL etc. These firms also hire graduates after engineering. MBA gives highe paychecks and more responsibility.
So, I believe learning is always useful. Be it MBA, MA or other degree. As long as you learn something new, it is never a bad idea to pursue a course or a degree.
So, in short, engineering graduates pursue MBA for a boost to their career.
Vipin Sharma, Muzzy thinker
Répondu il y a 207w
I feel this question is wrong on many parts, although, you have pointed out one correct thing that many engineers go for management courses.
Majority of us make decisions based on what others are doing rather than what we are interested in. We have so much pressure to earn more so that we can show off latest gadgets, bike, cars etc. We also have to satisfy our parents dream/ego so that they don't get to hear from CHAR LOG (society) about Mr. ABC daughter earning this much; Mr.XYZ son travelling abroad. Therefore, majority decides for higher studies because of indirect pressure rather than interest.
Coming to engineers going for MBA, this is why it happens:
- Majorité of engineering graduates from our colleges are not employable. They do get degrees but they do not have skills.
- Engineers who do not get job, they think of higher studies or government jobs. Since, they already realized they are no good for technical things, only option left with them is MBA.
- Average engineer who gets average job ultimately realizes that a post graduation degree will put his career on right track. So, some go for MS (who can afford), some go for M.Tech. and rest all go for MBA because they know technical stuff is not their cup of tea.
- Now story doesn't end here. Majority of MBA graduates are also not employable. But now they can't do anything more. They have reached glass ceiling. So, they continue there MBA jobs, otherwise, they would have also gone for some other higher studies, if exists.
Obviously, above scenario are valid for average soul, not for the one who are interested and good in their chosen field. But above case is valid for commerce, arts student as well.
Now speaking on behalf of engineers who pursue MBA because of interest,
as you only said they study to land in economics and marketing.
- Can you imagine a guy who doesn't know how computer software works, or who doesn't know how machines work, will be able to answer client queries in detail? What kind of embarrassment it will be for company when they have to consult engineers for every client query.
- Will he/she be able to properly estimate time required or what can be delivered without having technical knowledge?
- Integration, differentiation and other mathematical stuffs which engineer student studies are very well required in world of stock market, price predictions, data analysis etc.
I have met people who go for M.S., and M.Tech. because of interest. I also met people who go for MBA because they want to go at higher level in their IT career.
What if someone says to you, why commerce guys are going for MBA they should be CA?
MBA is course for management which is irrespective of science, commerce, and arts. All these fields requires people who can manage business.
Bhargav Ram, quora quora everywhere, not a thought to think xD
Répondu il y a 204w · L'auteur dispose de réponses 67 et de vues de réponses 110.8k
U have a valid point to say engineering should not increase the competition in CAT exams, as it's a big dream for commerce students. I also was in such a hype initially. I totally discouraged people doing MBA after engineering. But, now when its time for me to decide what I have to do in future, the only thing that flashes in my mind- MBA
Here are my reasons for it
PAYBACK- suppose, I completed my engineering, the total cost including my hostel expenses would be around 8lakhs. Let's add up even my PG, ie, M.Tech and let that be another 3-4 lakhs. So my total is about 12. Me being a mechanical engineer, have to work in the worst possible conditions for the first 3 years for an annual pay of 45-50k. And then after 3 years of hard work, my pay grade increases to 7.2lakhs/annum.
Instead I do MBA, my total investment(my parents') comes to may be 20lakhs and paid back in an years salary.
How many people in India are doing engineering with their very own interest- hardly 25-30%. Out of these are few, who knew nothing other than engineering. Rest of the people have only one option left, earn a loads and pursue their passion and satisfy themselves for the first time in life
Possible way- MBA.
M.Tech- being from a mech or civil background, best I can get a job as a beginner- teacher, or else follow the process as mentioned above.
MS- not every student in india is gifted with rich parents. And trust me, studying in foreign universities is no joke. And even if I take a loan, the first thing I need to do after finishing my studies, clear the loan( I know u can do part time jobs and etc, but consider the worst).
MBA: Incase I work hard in order to clear CAT and procure a good score, I'm placed in the best management school of india. There after I maintain a good CGPA, *whoosh* I'm placed in the best company for a hefty amount.
TYPE OF STUDY
Since childhood, we have been juicing books and then vomitted that during our exams(I know it sounds gross, but that's the 'fugly' truth). We have always been evaded when asked any application based aspects of what we have learnt. I can give hell number of examples for it. We learnt about impedance, but why is it important in our everyday life?? No one told us this. Its a factor on which our earphones and speakers are developed. Only a few of us knew this very fact. And we are learning the out dated technology of engineering, today, perhaps it gives us a good foundation, but what are we creating? Nothing. We are forced to write what we have learnt and nothing extra, the irony is, we are expected to be creative.
Its the other way round in MBA, we apply whatever we study. We are trained how to interact, build up ourselves to face the world out there, may be that's only for business works, but that improves many other aspects of your life. The job isn't monotonous. U have a target to complete everyday. We get to use our talents. And best of all, we explore different places and meet diff people. Its a stream where u enjoy working
I know its being selfish, but who is not. After all everyone wants to live a comfortable and happy life.
On a common perspective, earning a bulk amount is a social status for most of the people. That is again where MBA holds the medal.( I do not bother about society or social status. I just wanted to say that is one of the reasons MBA is opted)
Consider all these points, and re-think what you've asked
Navneet Singh (नवनीत सिंह), @ IITian
Répondu il y a 206w · L'auteur dispose de réponses 328 et de vues de réponses 1.7m
On the lines of answer given by Balaji Viswanathan. Lets see the face of 5 top technology companies -
- Bill Gates ( Microsoft) - Harvard dropout. Not an MBA.
- Larry Page and Sergey Brin(Google) - BS, MS
- John Warnock and Charles Geschke(Adobe) - BS, MS,Phd
- Steve Jobs (Apple) - Dropout.
- Mark Zuckerberg (Facebook) - Harvard dropout.
It seems that we are more eager to run other companies than founding our own.
It's a bad thing for some and good thing to others. But it's a thing that prevails.
Reasons that many students do MBA after engineering -
- Well Paying Job - Many students believe that after doing MBA they will get high paying job that they didn't get after engineering.
- Not Interested in Engineering - In India you don't choose the branch, the branch chooses you. It means many students are stuck up in courses that they don't like. Our education system is not as flexible as US. Many colleges don't offer minors in other subjects(even all IITs don't offer them). There is not use of doing post graduation in a subject that you don't like. MBA might come to rescue here. Though you might hate MBA also.
- Less opportunities after M.Tech - Opportunities for M.Tech and B.Tech are almost same. For research profile companies prefer PhDs. So no use of doing M.Tech to get very little advantage.
- MBA skills required in job - In a technology company managers need to understand both engineering and business side of their company. Though you can learn this by experience but an MBA will accelerate this learning and will give you an edge in promotions.
- Lack of job opportunities - We all know how saturated Indian engineering scenario is. Almost every guy is doing engineering. But jobs are limited and in traditional branches like Mechanical, Civil opening are far less than available engineers. Doing an MBA will create more opportunities. Though MBA is also become saturated.
- No technical competency - Given by the level of engineering education in our country, most of the engineers are not technically fit to do post graduation.
Balaji Viswanathan, Engineer with MBA
Mise à jour il y a 156w · Voté par
Srivathsan Bathala, M.S Software Engineering, VIT,Vellore · Author has 4.5k answers and 287.5m answer views
Let us see the leaders of 5 top technology companies.
- Satya Nadella (CEO of Microsoft) - BE, MS, MBA
- Sundar Pichai (CEO of Google) - B.Tech, MS, MBA
- Shantanu Narayan (CEO of Adobe) - BS, MS, MBA
- Tim Cook (CEO of Apple) - BS, MBA
- Sheryl Sandberg (COO of Facebook) - BA, MBA
See a common thread? This dream is the reason why many of us do our MBA after engineering. As my professor on innovation used to say, MBA will not help you a lot in founding a successful company, but it does help in taking over & scaling a company someone else founded ;-).
There is a fundamental misunderstanding among many people on what MBAs and business schools do. The dominant assumption among many Indians seems to be that MBA and B.Tech are completely unrelated degrees.
On the contrary, engineering degrees and MBAs are much more related and form quite a combo. Many great economists did this [including our present RBI governor Raghuram Rajan]. It is like adding ketchup to the french fries.
First, understand the key career paths after MBA from a top school:
- Investment Banking: Use all your math, logic and Excel knowledge to help companies buy other companies or buy other assets. Engineers have a strong advantage here as they are trained in quantitative methods and great at hard-nosed logic. Added bonus if they have a good knowledge of particular industries [say a Mechnical engineer who had worked in auto sector].
- Gestion des produits: Be the bridge between the engineering and marketing in technology companies. The engineering background would help you understand & work with the engineers, while the MBA background would help you plan and sell.
- Management Consulting: Help companies make changes in their business to improve profit margins. You need to be really good at data and have a very sharp, analytical brain. The engineering background would help you do your work, while the MBA would help you sell your work. Both are equally important.
Other less sexy career paths like operations management also involve a heavy dose of engineering. There are a few other paths sales roles in technical companies where MBA+Engineering combo would help. Think of the two-stage rockets we studied in Physics.
MBA forms the stage two propulsion for many engineers.
Why MBA completes an engineer?
- In Engineering degrees, we are not taught key things like strategy. But, if you are scaling a business or managing a business, this is very important. Many engineers eventually go on to become managers/entrepreneurs and are handicapped without this knowledge.
- Engineers often find it hard to respect and appreciate the business side of things. They often underestimate things like sales and marketing. This leads them to perpetually low-paid careers. MBA degree can often fix this.
- Engineers are good at the details, but often lose the big picture. They often miss the forest for the trees. MBAs are the complete opposite - they create castles in the air. Engineering+MBA let you be at the right level of detail.
- MBA frees up the engineer to work in a variety of industries. Management roles in many industries are quite sexy. On the other hand, engineers are often restricted to certain industries [like software] if they want to earn well.
- Engineers often don't know the value of their work. Engineers with MBAs are a little more smart selling themselves
For me personally, I work with developers [and sometimes even code myself] and I have a Computer Engineering background. At the same time, I also spend a lot of time with my Marketing and management teams in doing things like strategy and budgeting. This is where the MBA helps.
Are there some more statistics & research on this?
Do MBAs Make Better CEOs?
...roughly 40 percent of the S&P 500 chief executives have MBAs in any given year..Among the top 10, half had MBAs...
Page on hbr.org
CEOs who had an MBA on average ranked 40 places higher than CEOs who didn’t have an MBA (a statistically significant effect).
And if you look at Indian-origin CEOs in the US, the difference is even more stark - practically everyone has an MBA, as our non-MBA networks are relatively shallow [given that we are immigrants]. Indira Nooyi [Pepsi], Vinod Khosla [one of the star investors in the valley], Ajay Banga [Mastercard], Ram Shriram [an initial investor at Google] besides Nadella, Pichai et Narayan mentioned at the top.
Don't follow the herd mentality though. Leaders never follow the herd and also all the people mentioned above went to the top MBA schools. Pursue an MBA only after you have worked a few years and pursue it from the best.
Which is better, doing an MBA straight after a B.Tech from a top notch engineering college in India or working for 2-3 years and then pursuing it?
Résumé: MBA is a degree that is designed to be at the sweetspot of engineers. Engineers can both use their core skillsets and also learn things they really suck the most - presenting and organizing themselves better. Also, 90% of the top Indian engineers don't end up in the IIMs and help the nation build its engineering power. The rest 10% (the MBAs) make sure that the work of other 90% gets its due value.
Mayank Tewari, studied at Indian Institute of Foreign Trade, Delhi
Répondu il y a 207w
First of all from the question it is pretty clear that you haven't reached that phase of life yet and are not clear how industries work. In short let me tell you, engineers are the ones doing the rigorous, hard and physical work (of running the factories, designing new equipment) but in the end they come below in the hierarchy of managers so managers are the ones who decide that how a company should be run, where to allocate more capital and basically take all the decisions whether they have any functional knowledge of the field or not.
Just imagine that you are an excellent cricket player and you can very well lead the team, take the right decisions but sadly instead of you the decisions and directives for the team are given by a politician who doesn't even knows how to yield a bat. Would be quiet frustrating, isn't it?? That is exactly what happens in a company. managers with no knowledge of the field decide to cut the funds and scrap some research work which maybe quiet quintessential from engineering point of view but maybe not lucrative financially. Techno-managers are the need of the time. It is better to have an engineer at helm so that he knows the proper know-how of the field and take right decisions accordingly.
And the other thing you have not considered is (in my opinion), engineering is what people do by following the crowd. So now a student enrolled in some engineering college; throughout his 4 years he may come to know that maybe he is better at managing people or his interests lie elsewhere. It may also happen that he (like most) botched up his 4 yrs and has not that great CV. Also there is the fact that in present world, B.Tech is not enough if you want to climb up the corporate ladder. MBA is a pre-requisite. So now a person at the end of his b.tech is mature enough to figure out what he wants from his career and practically has two option - GATE or CAT .
(GRE is not a practical option for most of us. Most of us cannot afford the fees of foreign colleges and scholarships are given very few and they still do not cut it).
So now, option 1- GATE.
Most of the people don't have that temperament, that nature which is required for doing M.Tech as it basically means you would be involved in lots and lots of studying and research work. Also, after that even the job opportunities are far less and less lucrative than what a MBA would have at its disposal after the end of two years.
The other path through GATE is to PSUs. Let's face it. The no. of posts in PSUs are very, very less when compared to the people applying for it. So the competition is very high and technical knowledge of a person should be extreme if one wants to qualify.
So people resort to the other option, CAT.
Now quite frankly, the competition in CAT is much higher. But it is mostly due to the no. of applicants every year and the time constraint during the exam. For a person with engineering background, the course never seems too tough. He/she feels more comfortable solving those questions because after 4 yrs of technical education, they do seems easy. (Although getting them right in the given limited time is another matter altogether and thus most can't qualify to good MBA colleges). So although one may not qualify, he is never out of hope.
Also many people find that they are more inclined towards and fascinated by financial matters and want to learn more and pursue it. (Many also pursue it for economical perks solely but it is not wrong even if they do so).
Also, GATE is only for those who have just passed out or in the final year. It is practically of no use to a person who is seeking a better job opportunity and not wanting to pursue M.Tech.
Whereas, CAT and GMAT prefer the candidates with some experience, can be done any no. of years after graduation and even many companies prefer if a person has good CAT score and may pay for his MBA education.
In India, at present, only students from IITs, few NITs and a couple of private engineering colleges like BITS have that reputation to give students that opportunity of the desired jobs.
And for others, it is a chance to mend their mistakes and go for better opportunities, shape their future brightly. You can't blame and categorise it as flock mentality if people are, at the least, trying to achieve their dreams.
You will understand my point more when you reach this stage of life yourself.
P.S. - 3 idiots is a brilliant movie otherwise but what Aamir Khan said about life just being a profit-loss statement for such people is wrong at so many levels. Quite frankly, the possibility of an engineer like Rancho graduating from a college is even less than 1 in 10,000. And also our education system and work culture encourages more Chaturs than Ranchos sadly.