Engineering and business administration are among the top most-pursued academic fields of today. With the economy experiencing a steady rate of recovery, every student wishes to prepare for a career that leads to monetary success and personal fulfillment. A high level of competition and an integration of technology have changed the labor market and have expanded the scope of many occupations. This has increased the importance of dual degree programs and has merged many academic principles. Now it is possible for a business student to major in engineering at the master's level.
MBA programs are ranked among the leading business degrees all across the globe. To make it big in the corporate sector, having an MBA degree can be advantageous. Side by side, the engineering sector is also gaining popularity. Combining both areas into a single degree program is what constitutes an MBA engineering degree. The tough job market of today requires more than just core knowledge of a particular field. Hence, those who specialize in more than one area have a greater chance of making it to the top.
MBA Engineering Degree Program
Many Universities are offering MBA engineering degree programs to aspiring students. The greatest benefit of such a dual degree program is that students will only have to spend two years at college to graduate. If a student opts for a regular MBA degree and then acquires a master in engineering, it will take them twice the time to graduate in both fields. The program comprises of a number of credit hours that can only be earned by completing the courses part of the curriculum. It takes around two years to successfully complete the degree.
In an MBA engineering degree, students are required to acquire knowledge about major engineering principles and business administrative concepts. The curriculum is divided up into subjects related to both fields. The program is geared towards helping students get an in-depth understanding of engineering concepts related to design, systems, processes, materials, and modeling. Students also learn how to practically apply engineering concepts to modern business projects. Apart from this, core business subjects are covered that are aimed at helping students understand the strategic development process.
Since the program is a graduate-level degree, much of the curriculum is research oriented and career based. Students are required to complete a research project which will help them develop practical skills related to engineering, communication, analysis, and decision-making. Some of the major specialization areas offered in engineering fields included aeronautics engineering, biological engineering, civil engineering, and electrical engineering. Business majors that are offered in MBA engineering degrees usually include human resource management, project management, finance and accounting, and supply chain management.
The career an individual can pursue with a MBA engineering degree is rewarding. By having dual knowledge of two major fields, one can qualify for a number of top managerial/technological positions in organizations. The job opportunities are vast and lucrative. Many manufacturing organizations require the services of individuals who have engineering skills as well as administrative ones. The income level will vary from job to job and will be affected by the work experience, employer organization, certification, and specialization area.