When selecting from the numerous accessible management courses, getting an MBA is the most popular option. Graduates of an MBA in Engineering Management are aimed at senior management roles in the manufacturing or engineering industries. A wonderful strategy to advance into a higher-paying position is to obtain an MBA in engineering management. You’ve come to the right site if you’re confused and want to learn more about this combination of an MBA in engineering management and how it differs from a conventional master’s degree.
This Blog Includes:
What is MBA Engineering Management?
For people whose professional aspirations are more concentrated in scientific and technological disciplines, a new career route has recently emerged: MBA in Engineering Management. One can equip with the skills one needs to succeed in managing the other engineers in your engineering department by earning a Master of Business Administration in Engineering Management. Students study manufacturing tactics, supply chain management, and technology while concentrating on fundamental business and management ideas. Programs can take one to two years, and many need students to finish a project before graduating. A master’s in business administration with a concentration in engineering management is an excellent approach to advancing into a higher-paying profession. Since many courses may be taken online, these programs also appeal to mid-career professionals.
MBA Engineering Management vs Masters in Engineering Management
MBA and MEM have always been in competition with one another; selecting between them is always difficult, but career ambitions define the overall goal of decision-making. The priority of one’s career goals and undergraduate experience will determine whether you should pursue an MBA or a Master’s in Engineering Management. Let’s understand the difference between MBA in Engineering Management and a Master in Engineering Management in detail;
|MBA Engineering Management||Masters in Engineering Management|
|An MBA is intended for students who are interested in holding leadership positions across a range of companies or fields. However, more conventional business careers like finance or marketing are frequently chosen by MBA candidates. Few MBA candidates want to work in engineering. For anyone debating between an MBA and a master’s in engineering management, this may be the most crucial factor. The MBA combines established fields of study like accounting and finance with new and developing ones in a way that prepares graduates to be leaders and managers in a variety of businesses and industries.||A professional post-graduate program called Masters of Engineering Management (MEM) aims to connect engineering, management, and technology. Suitable for engineering graduates who wish to rise to a higher managerial level with a technology foundation and strengthen their technical talents with business understanding.|
|Students from a variety of undergraduate fields, including business, economics, engineering, humanities, physical sciences, and social science, among others, apply to MBA programs.||It is often a requirement for applicants to have obtained their undergraduate bachelor’s degree in a science, technology, engineering, or mathematics (STEM) discipline due to the technical nature of the Master’s in Engineering Management.|
|MBA programs seek to give students a general understanding of important business concepts like marketing, finance, management, and legal and ethical issues. It allows students to focus their studies on a specific area of business by offering specializations in subjects like leadership, human resources, and entrepreneurship.||Master’s degree programs in engineering management have a greater practical focus than programs that are only business-related. Students in the engineering management master’s program have the chance to learn financial modelling, for instance, but they do it in the framework of engineering, so the coursework is directly related to what engineers must accomplish to become or grow as managers.|
List of Universities Offering an MBA in Engineering Management
Now that you have a clear understanding of the distinction between an MBA in Engineering Management and Masters in Engineering Management. Here’s the list of some of the popular colleges that offer an MBA in Engineering Management;
|Name of the University||Country||QS World Rankings 2023|
|University of Colorado Boulder||USA||317|
|IU International University of Applied Sciences||Germany||–|
|University of Arizona(College of Engineering)||USA||138|
|HTW Berlin University Of Applied Sciences||Germany||121|
Here’s the list of some of the popular universities that offer Masters in Engineering Management;
|Name of the University||Country||QS World Rankings 2023|
|Pennsylvania State University||USA||93|
|University of Melbourne||Australia||33|
|University of Birmingham||England||91|
Must Read: MS in Engineering Management
No matter the MBA program an individual chooses to enrol in, there are general requirements to meet in order to receive admission to universities. Let’s talk about the requirements:
- An Undergraduate degree with a minimum of 60% marks
- Graduates with professional work experience are also eligible.
- English Language Proficiency Test: IELTS, TOEFL or PTE
Let’s take a look at the documentation segment, which is one of the most crucial steps:
- Academic Transcripts from all attended universities/colleges
- English Proficiency Test Scores
- GMAT/GRE scorecard
- SOP/LOR’s (Varies from University to university)
- Financial Proofs
The application process begins months in advance of the program’s start date and takes a long period. Fall intake and winter intake are the two main intakes that institutions provide to international students. To know more about the ways to accelerate your application, call our Leverage Edu experts at 1800 572 000! Here is an easy route you can take to achieve your ambition of studying abroad and getting admission to an MBA in Engineering Management:
- Get in touch with our experts on 1800 572 000 to shortlist top colleges and programs. Apply to various colleges by starting your application through our single dashboard.
- Gather all your documents like SOPs, essays, certificates, and LORs and exam scores like IELTS, TOEFL, GRE, GMAT, etc
- Accept the offer letter and connect digitally with your professors, classmates, and housemates.
- Get your visa approved and depart for the college of your dreams.
Career Prospects and Job Profiles
The availability of jobs after graduation is another feature that sets the MBA apart from engineering management. There are exciting professional options for MEM graduates. Engineers who want to continue their education while staying in touch with the technology industry frequently turn to MEM as an alternative. It is frequently regarded as an appealing choice for students with a strong technical background.
Additionally, MBA graduates have excellent professional options. There are several positions with decent pay ranges for MBA graduates both in India and overseas. among the best job descriptions for MBA graduates are listed below
|Job Profile – MBA||Job Profile – MEM|
|Equity Analyst||Data Analytics|
|Business Consulting||Automation Engineer|
|Operations Manager||Industrial Management Engineer|
|Senior Lead Manager||Project Engineer|
|Project Manager||Systems Analyst|
|Program||Average Salary in USD|
|MBA||62000 USD (INR 50.73 Lakh)|
|MEM||95000 USD (INR 77.74 Lakh)|
Must Read: Career in Engineering Management
Ans: The MBA focuses on broader skills while emphasizing business management, communication, and leadership capabilities. Additionally, although MEM demands a specific bachelor’s degree in engineering, MBA colleges accept a broad range of bachelor’s degrees.
Ans: Yes, Masters in Engineering Management is a STEM course.
Ans: The Master of Engineering Management, or MEM, is a degree program specifically created for those with engineering backgrounds. In contrast, a Master of Business Administration or MBA program is open to graduates from any discipline.
With the help of this blog, we hope you will have all the knowledge you need to choose between an MBA in Engineering Management and a Master’s in Engineering Management for your higher education. Get in touch with our experts at Leverage Edu to know more about overseas education in detail.