Press release
Engineers with a Management Degree - A New Breed of Marketing Leaders
There are multiple reasons why engineers pursue a management education. It could be an immediate alternative career option, especially when finding a job is difficult or when the engineer lacks significant skill required by the industry. Alternatively, it could be for a career change or to advance after three years of work, either because the engineer is seeking higher-level roles or is simply no longer interested in continuing at the same professional level.MBA courses for engineers are also driven by job availability, as the country is heavily reliant on the services industry for GDP growth. This reliance increases the demand for managerial roles catering to global needs, particularly in the financial and IT services sectors. For instance, major recruiters at ICFAI Business School are from the BFSI (Banking, Financial Services, and Insurance) and IT services sectors. Furthermore, the increasing number of Global Capability Centers (GCCs) is also creating numerous opportunities. Positions in these sectors frequently require engineers who possess managerial experience or education.
Top MBA Colleges and Business Schools have recognized this demand, and engineering graduates now form a significant portion of their admissions. This trend is driven by the fact that the combination of a technical foundation and a management degree is highly sought after by recruiters, leading to a demonstrable advantage in higher earning potential and career progression.
With the increasing use of technology in core business operations, spanning from marketing research and financial forecasting to supply chain management, it's easy for engineers to excel in these areas. Their strong mathematical and analytical skills give them an advantage compared to those from other graduation streams. Now, with the rise of advanced AI, digital marketing, and Industry 4.0, the role that engineers play in management is becoming even more critical.
Finally, an MBA degree for an engineer isn't just another career option; it's a strategic move to accomplish greater career success, transforming them from a specialist into a generalist, opening up opportunities in diverse fields, and filling the much-needed gap in the service industry, thereby supporting the country's economy.
To know more about ICFAI Business School visit https://ibsindia.org/
IBS Admission Office
Plot No. 65, Nagarjuna Hills
Punjagutta, Hyderabad - 500082
Telangana
Ph: 040 - 23440963 (5 lines)
Toll Free :1800 425 55 66 77
E-mail: ibsat@ibsindia.org
ICFAI Business School (IBS) is a leading business school in India, renowned for its academic excellence and innovative teaching methodologies, offering high-quality management education. Established with the aim of grooming future business leaders, ICFAI Business School (IBS) offers a range of programs designed to meet the evolving needs of the business world. And with a commitment to academic excellence and holistic development, ICFAI Business School has consistently produced business leaders who make a positive impact in the corporate world.
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