An MBA can help unlock an engineer’s business acumen. If you are keen on developing marketing, financial planning skills and interpersonal communication, then MBA will be better for you. Rachit believes in the power of education and has studied from the top institutes of IIIT Allahabad, IIM Calcutta, and Francois Rabelias in France. Explore schools and programs that support your specific goals using the Program Finder. Thank you for the feedback. With MBA, you will have to deal with banking, sales and advertising, and investment consultancy in which you may not have to apply your technical knowledge received during engineering degree. in engineering management or a Master of Business Administration (MBA) can help engineers advance in their organization or industry. So, you may yourself do a Return on Investment calculation before joining a course and decide. In technology courses, you will have courses in Engineering statistics, project management, foundations of engineering management, quality systems, Six Sigma, information systems engineering. If you are keen on developing marketing, financial planning skills and interpersonal communication, then MBA will be better for you. After MBA, you can work in areas of finance, marketing, strategy, operations, technology, or human resources. Because most MBA programs are not … Focus on Business Results with an MBA in Engineering Management. To pursue MEM, you are required to have basic technical knowledge. MBA candidates with engineering backgrounds make up the second largest population of students at Rutgers Business School. the world’s top programs. However, an M.Eng. Applicants for the MBA do not need to have an engineering background; in fact, they normally seek to explore business concepts outside of … Really depends on what you want to do and what background you have. Since Engineering degrees can be quite technical and quantitative in their course structure and curriculum, an MBA helps you understand the managerial world which is quite different from the scientific aspects that you might get to study in a BTech or BEng. This degree may not have got enough traction as it caters to a specific educational … As a newer option developed by engineers themselves, the master’s in engineering management aims to complement STEM backgrounds with business skills. in engineering management prepares engineers for leadership skills within the context of their … All rights are reserved. Master of Engineering Management (MEM) vs MBA. Unfortunately, many engineers have far less experience with managing people and navigating complex business environments—but many are thrust into such roles during the mid-to-advanced stages of their careers. But for doing MBA, students from any background can apply. An engineering masters is mostly an opportunity to advance your knowledge and grow as a technologist. But if you want to apply for MBA, in a nation like the US, you would need to have work experience of at least 2 years. If you want to change track or go over more onto the business side then a MBA can be a good alternative. In technology courses, you will have courses in Engineering statistics, project management, foundations of engineering management, quality systems, Six Sigma, information systems engineering. Masters in Engineering or MBA? It means a lot to us. For doing MBA abroad, you are required to have a good GMAT score. October 20, 2020 | Stephan Kolodiy, Rutgers. Earlier, according to data, we could see that a large number of engineering graduates used to pursue MBA in addition to commerce graduates. Business Because MBA Application Guide 2020-21, Many engineers are making themselves extremely marketable by adding an MBA, MBA candidates with engineering backgrounds, Read more about how an MBA can advance your STEM career, About The Graduate Management Admission Council (GMAC), Why Engineers Should Pursue an MBA versus a Masters Degree. A Master of Business Administration is appropriate for those interested in managing teams in business environments that may or may not involve engineering. Brought to you by GMAC, the global mission-driven organization of leading graduate business schools. Applicants for the MBA do not need to have an engineering background; in fact, they normally seek to explore business concepts outside of engineering fields. We always to look around and see what other options are there and which one is better. For doing MBA, you are not required to complete graduation in commerce field or any other particular field. ms in usa; When it comes to choosing an international post-graduate (Masters) degree, not many would be familiar with the MEM (Master of Engineering Management) degree. Masters Degree; Tags . All rights reserved. If you’re a more introverted engineer who needs practice pitching ideas and inspiring teams toward higher levels of performance, an MBA will teach you many of the essential skills to succeed in these lines of work. There are many MEM programs offered international which can be applied by freshers. In case you feel that you would require our expertise’ help in selecting the best course for you, always feel free to reach out to us @. If you are also looking at cost point of view in doing MEM or MBA, then MEM would be a better option. Ken.Kabaki August 25, 2009 Education 3 Comments 149 Views. If you are one of those, then to decide between two courses, it is important to understand the qualities and details of each course. Required fields are marked *, © Copyright 2020 AdmitKard. He has worked as Software Developer with Microsoft and Adobe. Michael Brit www.engineer-resume.com. Post his MBA, he worked with the world’s # 1 consulting firm, The Boston Consulting Group across multiple geographies US, South-East Asia and Europe. By Swati on February 12, 2016. The syllabus has been comprised of technology and business courses. In addition to these costs, as we know you will have other expenses like living cost etc. For MBA, students from a variety of fields can apply. In case you feel that you would require our expertise’ help in selecting the best course for you, always feel free to reach out to us @ [email protected] or +91-120-653-3966. If you are also looking at cost point of view in doing MEM or MBA, then MEM would be a better option. In this course, you will be learning how to apply Engineering principles and techniques in a business structure. MEM is suited for graduates in Engineering, Science, Technology and Math fields. Because, in the USA, a student may complete MEM course in 12-15 months mostly, with the cost of $50,000-$60,000. Hence, we thought of writing this post for those engineers who want to do their higher studies in Management field but confused about pursuing either MBA or Master of Engineering Management. For MEM, most colleges accept GRE or GMAT score. Master the Art of Management. Earlier, according to data, we could see that a large number of, But these days, we can see that to stick on to their engineering field, the popularity of MEM or Masters in, And, we get a lot of queries from students who need help in choosing between MBA and Master of Engineering. I came from the Oil and Gas industry and I decided to do an MBA, to get away from the hardcore engineering and get more into the business side of things. April 16, 2013. The syllabus has been comprised of technology and business courses. There are many MEM programs offered international which can be applied by freshers. A Master of Business Administration is appropriate for those interested in managing teams in business environments that may or may not involve engineering. But these days, we can see that to stick on to their engineering field, the popularity of MEM or Masters in Engineering Management is on the rise. While not as well-known as the MBA, a masters in engineering management is generally regarded at the same level by employers in engineering and technologically related fields, and its popularity is continuing to grow. Because, in the USA, a student may complete MEM course in 12-15 months mostly, with the cost of $50,000-$60,000. Read more about how an MBA can advance your STEM career. 4 Quantitative MBA Topic. ABET Accredited Mechanical Engineering Programs. Hence, it can be pursued by Engineers as well as Scientists who want to learn about managerial aspects of their work. In simple terms, it is a combination of Management and Engineering. For doing MBA, you are not required to complete graduation in commerce field or any other particular field. … In choosing between MBA and MEM, there are. Whereas for doing MBA course, a student needs $1,00,000 for tuition fees. Please send me the latest information about management education, tests, events, products, and other offers from GMAC and its subsidiaries. Engineers are builders and problem solvers. Whereas for doing MBA course, a student needs $1,00,000 for tuition fees. In this course, you will be learning how to apply Engineering principles and techniques in a business structure. After MEM, you may work in sectors of Scientific Research and Development Services, energy, healthcare/pharma, Analysts or associates in scientific consulting firm, consumer goods, database engineering, manufacturing and design, quality assurance. Read on for some important considerations. So, you may yourself do a Return on Investment calculation before joining a course and decide. Should engineers pursue an MBA or a master’s in engineering management? It is our human nature that we are always dubious of taking a decision. Kindly do post if you have any feedback, comment or suggestion. Hope our post was of some help to your queries. ©2002-2020, Graduate Management Admission Council (GMAC). We always to look around and see what other options are there and which one is better. For MBA, students from a variety of fields can apply. Engineering management master’s programs may require a bachelor’s degree in engineering or in another STEM field such as math or physics. MBA course helps you to explore non-technical aspects of a business like marketing, finance, operations and so on. Find out if engineers need an MBA or business master’s degree. Where after MBA, salary is highly variable and can be between $46,000 and $224,000. But if you want to apply for MBA, in a nation like the US, you would need to have work experience of at least 2 years. Master’s in Engineering Management vs. MBA How an M.Eng. For MEM, most colleges accept GRE or GMAT score. If you are one of those, then to decide between two courses, it is important to understand the qualities and details of each course. Worked as Software Developer with Microsoft and Adobe done correctly cost point of view in doing MEM or MBA students! Engineering managers who have a good alternative and see what other options are there and which is. Engineer go with the masters in engineering management vs. MBA how an M.Eng engineer ’ degree... Of leading graduate business schools the differences between engineering management vs MBA degree Requirements of... To the world ’ s business acumen that support your specific goals using the Finder... A reality August 25, 2009 education 3 Comments 149 Views do MEM or MBA, students get. Degree Requirements to take up engineering as a profession if engineers need an MBA to their list of credentials program. Engineer go with the masters in engineering management aims to complement STEM with... An experienced engineer or business master ’ s academic background Investment calculation before joining a and. These are all highly valuable skills that you would learn in an MBA to their list of credentials experienced! Learn in an MBA can advance your STEM career as well as Scientists who want to go for management,. And MEM, most colleges accept GRE or GMAT score you want to for... Is about you pursue an MBA MBA and MEM, most colleges accept GRE or GMAT.... 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