What To Do After Engineering?

Do you know what you want to do once you’re done with engineering? If you are reading this article, you don’t, or you have a slight idea of what you want to do, but you’re not confident about your choice. A lot of students are currently facing the same dilemma. Should I get a job? Or do I work on the startup idea that’s been bugging me for quite some time now? Or even better, do I pursue a graduate degree? If yes, then which one? MBA, MIM, MFIN, etc.? What to do after engineering?

How about an M.tech then? Should I pursue it in my own country or go abroad? So many options! However, not to worry, there are few options that engineering students can opt for once they’re done with their undergraduate degree. Let’s read the information provided ahead for what to do after engineering.

Few options for What to do After Engineering  

A) Get a job. One can join an MNC or a startup. Benefit of working right after college is that you get additional time to dwell on your career choices. Also, a few tend to work on their startup ideas. If you feel you’re one of the select few who has the potential to build a profitable company, then this option is for you to consider for what to do after engineering.

B) You can pursue a business degree like MIM, MBA, etc. Getting a master’s degree in business is one of the safest and highest ROI generating options among these bunch. If you have always felt stuck in engineering and were attracted to the business side of things, this option is for you to consider for what to do after engineering.

C) If you are not keen on a business degree, you can also get an MS/Mtech/MIS degree. This is a good idea for someone who has always had a passion for engineering and, in future, wants to pursue research and/or get hired for a technical position in a well-reputed organisation. You can consider as your option for what to do after engineering.

Apart from these options, some students decide to study for civil services exams. But, all in all, to an engineer, the sky is the limit! Students also prefer to study cs and have the option to consider what to do after cs engineering.

Fun fact: Only 30% of engineers are interested in a technical job in their core field.

The remaining 70% begin to get interested in other sectors like finance, marketing, and management by applying to various internships, participating in extra-curricular activities, or working on a side project while still in college. And with this number rising further, more and more engineering graduates are pursuing a business degree to change careers. Students

So what are the benefits of pursuing a Business degree right after Engineering?

• Having a business degree with an engineering degree opens the door to many opportunities. Students also consider what to do after civil engineering.
  These days employers expect more from engineers. Engineers have also been tasked with taking care of management-related tasks apart from technical assignments. Engineers who possess key management skills are sought after by employers. This is where the business degree comes to the rescue and stands as a good option for what to do after engineering.
• If you’re a people person and feel stuck in a core technical job, then pursue a business degree. Shift your focus to a more people-centric domain like Marketing, Advertising, etc. Students also have the option to consider what to do after cs engineering.
• It is easier to create a bigger impact in business than it is by working in a technical job.

Once you’re done with your master’s degree, you have access to more job opportunities in the field you like. Plus, getting a substantially higher package never hurts.

After going through this guidebook, you’ll get to know-

1. What are the 4 popular Master’s degrees in Business?

2. Information on each degree

• Introduction
• Eligibility
• Best colleges to target
• Job prospects

MIM

Masters in Management is a postgraduate degree targeted towards young professionals. It’s ideal for people who want to pursue a master’s from abroad immediately after their undergraduation and stands as a good option for what to do after engineering.

You can do MiM in Finance, Marketing, Consulting, and Entrepreneurship, among many others. It’s a great idea to pursue MiM if you want to switch streams. Evidently, the MIM degree is compared with MBA all the time. There’s no winner in this comparison, as each degree has its pros and cons.

MiM is majorly a European phenomenon. However, US colleges have started taking notice of many well-ranked colleges, such as Duke Fuqua, Michigan and Kellogg. It is often named Masters of Science in Management (MSc) or Masters in International Management. Also, PGDM offered by India’s esteemed IIMs is equal to the MiM degree. The duration of the MiM degree is somewhere between 10 months to 2 years, depending on the college. Civil Engineering is also a great option for students, what to do after civil engineering has many job opportunities.

Eligibility

Not everyone can be admitted to top schools to study for a Master in Management (MIM). Business schools have specific admission requirements, and usually, the higher their position in the rankings, the more selective they are.

• MiM schools usually require their students have a bachelor’s degree, though some schools also accept diploma programs.
• Most MIM programs do not require professional experience, while some may require applicants to have a small amount of professional experience – usually, two years or less is sufficient.
• To test your language proficiency, many international business schools worldwide accept IELTS and TOEFL scores.

Most universities require applicants to take the GMAT or GRE to apply to a Master in Management program.

Top Universities

Since MIM is a European Phenomenon, all the top 10 MiM universities are from Europe. These ranking are based on different factors like the location of Business Schools, average salary of graduates, tuition fee, etc. Below is the 2022 report for World’s Best Business Schools by the leading journal Financial Times-

1. University of St. Gallen
2. HEC Paris
3. University College Dublin: Smurfit
4. London Business School
5. Rotterdam School of Management
6. ESSEC
7. ESCP Europe
8. Stockholm School of Economics
9. Imperial College Business School
10. EDHEC Business School

Apart from the colleges mentioned in the above list, there are many more top universities worldwide that provide MiM programs. Some of them being:

• Kellogg School of Management
• IE Business School
• WU (Vienna University of Economics and Business)
• WHU Beisheim & Esade Business School
• Università Bocconi
• Duke University
• University of Michigan’s Ross School of Business
• Ivey Business School,
• The UBC Sauder School of Business
• NUS Business School
• SMU’s Cox School of Business
• The Australian National University

Job prospects

The prospects of both jobs and further studies are pretty good after MiM. MiM graduates can pursue PhD programs, but most MiM graduates prefer to get employed upon graduation. This degree is well-suited for managerial roles. You can work as an Advertising Manager, General Operations, Human Resources Manager, Public Relations Manager, Sales Manager, and Marketing Manager.

You will have ample opportunities in Finance, Consulting, Marketing, Business Development, Corporate Strategy, Business Intelligence and much more. In addition, companies hire MiM graduates for lucrative entry-level positions like analyst and graduate trainee in many blue-chip companies. Civil Engineering also has great job opportunities for students what to do after civil engineering.

The average salary of a MiM graduate is around €50,000 per year but varies from one specialization to another. The starting salary for a MiM Marketing graduate will be approximately €45,000, while in Finance, it will be €60,000. Mechanical Engineering is also a viable option for students, students also consider what to do after mechanical engineering, because of it’s wide job market.

MEM

Masters in Engineering Management, is a degree for engineering graduates to build the link between engineering, technology and management. ‘Engineering Management’ is related to managing and optimizing the output of engineering processes using business management tools and stands as a good fit for what to do after engineering. The degree is associated with the management of the engineering process, which makes good use of prior engineering knowledge. One could consider what to do after cs engineering. The core curriculum for Masters in Engineering Management covers marketing to finance, intellectual management and management law. The degree helps the candidate acquire a perfect blend of engineering and management skills. MEM is popular among engineering graduates who want to get a higher management role in an organization.

Job prospects

The candidate can be hired as an Application Engineer, Associate Marketing Manager, Automation Engineer, Business Analyst, and Clinical Specialist. Some of the companies hiring MEMs are:

• Consulting Firms: Accenture, Deloitte, Capital One
• Tech Giants: Google, Microsoft, Cisco, Apple
• Financial Service sector: BNP Paribas, Citi Bank, Goldman Sachs, HSBC, State Street Corporation

The average salary for the students after completing the MEM degree ranges from $64,000 to $90,000 per annum.

The market for specialized master’s programs in marketing, finance, and a number of other business disciplines has never been stronger. One of the reasons for it getting popular is that students do not necessarily require work experience to be enrolled on any of its programs. Also, starting salaries are higher than those offered to individuals with only undergraduate degrees. A Masters in Mechancial Engineering is also a program which is popular among students, what to do after mechanical engineering is a quetion which arises into students’ minds, but Mechanical Engineering has a wide job market. At times, the salaries offered are comparable to those earned by an MBA graduate. Some of the best programs in specialized masters are –

• Master of Science in Finance
• Master of Science in Marketing
• Master of Science in Entrepreneurship

A number of business schools, like Smith School of Business and Broad Graduate School of Management, are riding on one’s interest. They’re creating a whole new suite of MS degrees, sometimes as many as half a dozen or more. The vast majority of these students are either straight from college or just a year or two out of school. Students also wonder to understand what to do after cs engineering. Most B-schools have interactive lectures and seminars along with team projects to provide a non-theoretic approach to the curriculum. “Case Studies”, “Real-life Company Issues”, and “Simulation Strategy” exercises all form a part of their rather exciting coursework. The students are hungry for these programs’ knowledge and want to distinguish themselves in the competitive job market, which is why it stands as a great option for what to do after engineering. What to do after Mechanical Engineering, what to do after Civil Engineering, are questions which a student considers before opting for these courses.

Eligibility

The Admission requirements for these masters are more or less generic for all schools. However, for most of the MSc Programmes, you need to fulfil the following criteria:

• Management Aptitude Test- GRE/GMAT (This requirement, however, is also waived by certain schools and thereby is optional by many).
• Well rounded, internationally Recognised Undergraduate Degree in a relevant field & transcripts.
• English Language Proficiency Test- IELTS/TOEFL/PTE. (Several Schools provide waivers, for which you need to check the school website).
• Not all programmes have mandatory criteria regarding work experience, like ESADE accepts fresh graduates into their programme.

Top Universities

MSc in Finance is one of the most sought-after Specialized Master’s degrees and a lot of top universities have started offering it owing to its popularity.

The MSc in Finance Rankings per Financial Times for the year 2021 are as follows –

1. HEC Paris
2. ESCP Europe
3. Skema Business School
4. Essec Business School
5. Edhec Business School
6. University of St Gallen
7. Università Bocconi
8. IE Business School
9. London Business School
10. University of Oxford: Said

You can also check out the list of Top 50 Business Schools offering MSc in Finance, Average MSc in Finance Salary and Class Profile here.

Job prospects

A student graduating from MSc in Finance can get can expect jobs mainly in Banking, Financial sectors, Audit, etc. After graduating with a Finance degree, one can get a job as a financial analyst, manager, personal financial adviser, etc. While having an MSc in Marketing can help you get a job as Brand Marketing, Media Associate, and Digital Marketing Specialist. Some of the top employers hiring from Masters in Finance are AIG, Citi, Bank of China, Moody’s Cooperation, etc. For Marketing, the top employers include E-BAY, Danone, LVMH, LinkedIn, Henkel, Google, Apple, Microsoft, Coca-Cola, etc. For the year 2022, an MSc in Finance graduates from top B-School starting average salary is $77,682 in US. While for an MSc in Marketing graduate the salary is US$68,000.

Most Popular Skills Required in the Current Market

To boost your career, you need to acquire in-demand skills to enhance your knowledge and put yourself above other candidates. Here are some of the most in-demand skills you should learn and sort out your options for what to do after engineering:

Cloud computing:

This skill is in high demand because of the increasing number of organisations moving businesses to the cloud. The Cloud engineers are individuals responsible for managing and developing these cloud computing systems. This helps end-users to easily back up their data and store files.

Artificial Intelligence:

Experts in AI and machine learning are in high demand at companies that want to streamline their workflows. They build, test, and implement AI models and also maintain the company’s underlying AI infrastructure.

Analysis:

Organisation’s lookout for employees who are excellent at investigating a problem and finding an ideal solution. Analytical skills may also be in use in the day-to-day job. These skills are needed for brainstorming, analysing evidence, observing, theorising, incorporating knowledge, and making decisions based on various options available.

Mobile App Development:

The mobile application industry continues to grow as tablets/smartphones become the communication medium. Mobile application development is a process that involves creating applications, programming, and software designing for quick operating mobile devices.

UX/UV Design:

User interface design is the trick to making the modern world work for users. In this sector, there are a growing number of prospects for advancement. Getting into this exciting sector needs the right skills and preparation to satisfy the market demands. You should enrol in an online degree programme or join UX experts to obtain an edge.

Blockchain:

The infrastructure that underpins cryptocurrencies like bitcoin—is rapidly being used by businesses to minimise prices, cash flow gaps, etc. Blockchain enables businesses to collaborate and conduct trades without the need for banks or other financial institutions.

Popular Certification and Professional Courses after B.Tech

• Information Security & Ethical Hacking
• C, C++, JAVA, NET., SQL
• Software Testing
• Web Designing
• Networking Professional
• Robotics
• Very-Large Scale Integration
• Embedded Technology
• Borland Database Engine (BDE) 
• Nanotechnology
• Electrical Distribution
• Six Sigma
• Statistical Quality Control (SQC) Courses
• ISO Lead Auditor Courses
• Technical Drawing and Designing
• Interior Designing

Top Recruiters For B.Tech Graduates

The below are some of the top recruiters for aspirants with B.Tech engineering degrees who choose to work in the B.Tech engineering industry:

• Wipro
• MPhasis
• NIIT Technologies
• IGATE
• Cognizant
• Capgemini
• Accenture
• Mindtree
• ACT Networks

Conclusion

Pursuing a business degree after engineering is still debated by most, but no one can deny that having a business degree does open new career opportunities and plenty of benefits to the average person. The options provided in the blog above may be some of the great options to consider for what to do after engineering.

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