How to do an MBA abroad after engineering – After completing their engineering degree, students often strive to work in a more corporate-heavy field following the same; therefore, they do the MBA, which is a master of business administration degree. There are countless benefits of doing an MBA after engineering, such as getting an opportunity to climb the corporate ladder, developing managerial skills, enhancing knowledge, and even earning a higher salary. Although it is a large workload, you will benefit from double majoring and dual specialization, which may make you more impressionable to future employers! These are the reasons why taking the MBA route is so popular among graduates!
Eligibility: What Qualifications are needed to do an MBA Abroad After Engineering
- A bachelors degree
- Scores of GMAT and GRE (this depends on the university’s requirements)
- Reference letters
- Work experience: some universities require students to have work experience
- Language proficiency: students need to take the IELTS, TOEFL or PTE exams
What is the cost of doing the MBA abroad after engineering
This cost varies depending on the country where you will be doing the MBA. So, the price of an MBA in the USA would be around $60,000-100,000 per academic year ( INR 5,000,000- 8,000,000), whereas the cost of doing an MBA in the UK would be around GBP 12,000-18,000 per academic year (INR 10,00,000- 16,00,000). However, doing the online MBA is also an option available to you if this meets your requirements; this would cost about USD 40,000 and BGP 30,000 (approximately)
Continuing your academic journey at a good university is extremely important; striving for greatness will always be rewarding as you can network more, find work opportunities, and receive quality education at top schools.
These are some of the best schools to study for an MBA after your engineering degree:
- Stanford graduate school of business
- Penn University (Wharton)
- Harvard business school
- London business school
- HEC, Paris
- MIT university
- Columbia business school
- IE business school
- Cambridge University
- IESE business school
These are some top tips for engineering students who want to pursue an MBA:
- Be authentic and express why you want to continue your education this way during your interviews/submitting your application.
- Start preparing for the standardized tests by improving time management skills
- Plan: think about why exactly you want to pursue the MBA and what you seek in the future.
- Start networking
- Take preparatory courses
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FAQs about doing an MBA abroad after engineering
1. Why is it much more expensive to do the MBA than other higher studies courses?
The MBA prepares students for all aspects of the business world; therefore, it is seen as an investment. With this specific investment, the returns are high. This means that paying a lot for the MBA might initially seem overwhelming, but students get the best growth and career opportunities!
2. What is the best country in which to study for an MBA?
The USA is said to be the best country for completing this course. Along with quality learning, students apply skills practically as the USA opens doors for high-paying jobs.
3. How different is the workload for engineering compared to business/MBA
These are drastically different fields, so there is bound to be a difference in workload. Generally, students say engineering is much more complex than business/accounting courses, but this varies depending on the person.