If you’ve recently earned your bachelor’s degree, you might consider completing a Master’s course. Not only does it open doors to more opportunities, but a master’s degree also provides you with the appropriate knowledge and skills that would help you climb the corporate ladder faster. Aspirants can choose to pursue business and management-related streams through an MBA or a technical field via an MTech degree, amongst other options. To facilitate students’ understanding of the similarities and differences between MBA Vs MTech, we have compiled the following guide, which compares all their key attributes and future scopes.
MBA Vs MTech Highlights
| Sr. No. | Particulars | MBA | MTech |
| Popular Coursework | Business strategy, finance, corporate ethics and human resource management | Civil engineering, Mechanical engineering, Chemical engineering, and Electrical engineering | |
| Core Skills | Creative and critical thinking, analysis, collaboration, communication, and leadership | Advanced technical knowledge, research and analysis, design and development skills, and problem-solving abilities | |
| Eligibility Criteria | GMAT, CAT, MAH CET, UPSEE, MAT | GATE, GRE, UPSEE, OJEE, TANSET | |
| Cost Of Study | INR 6,00,000 to INR 28,00,000 per year | Government/public institutes – INR 50,000 to INR 2,50,000 per yearPrivate institutes – INR 2,00,000 to INR 10,00,000 | |
| Duration Of Full-time Course | Two years | Two years | |
| Duration Of Part-time Course | Three years | Two years | |
| Average Starting Salary | INR 8,00,000 per year | INR 4,00,000 to INR 10,00,000 per year | |
| Average Annual Salary | INR 22,00,000 per year | INR 6,00,000 to INR 20,00,000 per year | |
| Popular Job Profiles | Marketing Manager, Financial Manager, Operations Manager, Medical And Health Services Manager | Software engineer, mining engineer, ceramic engineer, mechanical engineer, chief engineer |
What Is An MBA?
A Master of Business Administration programme is a dynamic course designed for those interested in business analysis. It aids candidates in advancing their careers at a faster pace. MBA candidates acquire a specific skill set during their degree, which, combined with a few years of work experience, helps them gain better problem-solving and strategising skills and more fundamental knowledge about their fields.
- Some core skills taught are creative and critical thinking, analysis, collaboration, communication, and leadership.
- Some popular concentrations taught to MBA candidates are business strategy, finance, corporate ethics and human resource management, amongst many others.
- Students are trained to fill roles across different corporate departments and acquire an appropriate skill set during the process to manage responsibilities such as staying up to date on industry trends, advising on strategic direction, providing market insights, and managing products, processes, and people.
Pros & Cons Of Pursuing MBA
Taking the plunge and getting an MBA is a huge decision that can make or break your career path. Read the plus points and the downsides here:
| Pros | Cons |
| Advancement & Skills: Opens doors to better jobs, specialisation and valuable business skills. | Cost & Time: Expensive programmes with student loans delay your career by two years. |
| Network & Knowledge: Builds connections and provides global business understanding. | Experience vs. ROI: Debatable value compared to work experience, uncertain return on investment. |
| Entrepreneurship: Gain knowledge to launch your own business. | Saturation & Opportunity Cost: In a competitive job market, miss out on income and career progress. |
What Is MTech?
Master of Technology is a professional postgraduate course for engineering aspirants. It helps students gain practical skills, hands-on experience, and industry knowledge. It’s typically designed with a specialisation in coursework, such as Civil Engineering, Mechanical Engineering, Chemical Engineering, or Electrical Engineering.
- Students are acquainted with the necessary skills to tackle complex technological challenges and lead innovative initiatives in the corporate world.
- MTech graduates typically have competitive leverage over their contemporaries in the job market due to their enhanced skill set.
- The degree provides a gateway to higher opportunities in technology and engineering since students are introduced to advanced coursework, practical training and research opportunities.
Pros & Cons Of Pursuing M.Tech After B.Tech
Deciding whether to pursue a Master of Technology (M.Tech) degree after completing a Bachelor of Technology (B.Tech) is a significant choice. While an M.Tech programme offers numerous advantages, such as advanced specialisation and enhanced job prospects, it also requires a substantial investment of time and resources.
Weighing the potential benefits against the drawbacks is crucial to determine if this academic path aligns with your professional goals.
| Pros | Cons |
| You can specialise in a specific field of engineering. | Two years long |
| You gain a deeper understanding of your chosen field. | High tuition fees and living expenses can burden your student loans |
| Higher salary potential | Delay entering the workforce |
| You can pursue teaching careers | Research demands can be intellectually demanding |
Top Universities
After completing your B.Tech, you can study in India or even abroad! The US, UK, Canadian and Australian universities are majorly known for their advanced quality of education. Read the below list of top-tier universities with their rankings:
MBA
| University | Country | QS Ranking 2024 |
| University of Pennsylvania (Wharton) | USA | #12 |
| Stanford Graduate School of Management | USA | #5 |
| Melbourne Business School | Australia | #15 |
| University of Sydney Business School | Australia | #19 |
| Rotman School of Management – University of Toronto | Canada | #40 |
| Smith School of Business – Queen’s University | Canada | #94 |
| London Business School | UK | #3 |
| Oxford (Said) | UK | #1 |
| Cambridge (Judge) | UK | #2 |
M.Tech
| University | Country | QS Ranking 2024 |
| Massachusetts Institute of Technology (MIT) | USA | #1 |
| University of Illinois Urbana-Champaign | USA | #64 |
| Monash University Clayton Campus | Australia | #42 |
| University of Technology Sydney | Australia | #90 |
| University of Toronto | Canada | #21 |
| University of Waterloo | Canada | #112 |
| University College London | UK | #9 |
| University of Manchester | UK | #32 |
| Imperial College London | UK | #6 |
M.Tech Vs MBA Specialisations
M.Tech degrees focus on building specialised, in-depth expertise in fields like computer science, mechanical engineering, civil engineering and electronics. The emphasis is on gaining advanced technical knowledge and skills within a specific domain.
On the other hand, MBA programmes take a broader approach to equip students with a well-rounded grasp of business and management concepts. You’ll study strategy, leadership, finance, marketing, and operations – the full suite of business disciplines.
MBA Specialisations
- MBA in Finance
- MBA in Marketing
- MBA in Human Resource Management
- MBA in International Business
- MBA in Banking & Financial Services
- MBA in Business Analytics
- MBA in Rural Management
- MBA in Healthcare Management
- MBA in Entrepreneurship and Family Business Management
- MBA in Agribusiness Management
- MBA in Retail Management
- MBA in Logistics & Supply Chain Management
M.Tech Specialisations
- Software Engineering
- Electrical Engineering
- Biomedical Engineering
- Mechanical Engineering
- Environmental Engineering
- Structural Engineering
- Metallurgy Engineering
- Mining Engineering
- Instrumentation and Control Engineering
- Biomedical Engineering
- Chemical Engineering
- Automobile Engineering
- Computer Engineering
- Marine Engineering
- Petroleum Engineering
- Civil Engineering
- Aerospace Engineering
- Electronics and Communication Engineering
Difference In The Eligibility Criteria For An MBA Vs MTech
The eligibility criteria are one of the significant attributes to consider while comparing the differences between an MBA vs MTech. Students who have studied under either the 10+2+3 pattern or the 10+2+4 pattern are eligible to apply. Students in their final year of undergraduate are also eligible to apply to either programme.
| Eligibility Criteria | MBA | MTech |
| Educational Background | Any degree | BE/BTech degree |
| Entrance Exams | CAT, MAT, CMAT, GMAT etc. | GATE, OJEE, UPSEE, TANSET, GRE etc. |
| Work Experience | Preferred | Not Required |
Part-time M.Tech And MBA – An Alternative To The Working Professionals
We have discussed both MTech and MBA and how they improve your careers. But these degrees ask for the sacrifice of putting your career on hold when you pursue them in the full-time mode. However, there is an option for you to get these higher degrees without stopping your current job.
- Part-time or working professional MTech and MBA programmes allow you to continue working while pursuing the degree.
- Despite being “part-time”, these degrees carry the same recognition and weightage on your resume.
- Working professional MTech degrees are approved by AICTE, while UGC-DEB recognises part-time MBA programmes.
- Concerns about lack of knowledge or learning quality are unfounded – the curriculum and learning systems are designed for effective learning.
- You’ll have access to live classes, recorded lectures, e-books, webinars, assignments and other regular learning resources.
- Top universities offering these programmes provide placement assistance to help secure jobs at leading companies.
- While working, pursuing an MTech or MBA gives you the dual advantage of a higher degree and industry experience.
- This powerful combination of a degree plus experience puts you ahead of full-time students in the job market.
Cost Of Tuition
Considering the cost of tuition for an MBA vs. MTech before pursuing either course can provide useful input to your decision. Since tuition fees depend on the specialisation, the selected university or college, the popularity of its location, and the standard of education, it can be challenging to narrow down the expected tuition.
The tuition for an MBA programme ranges from around INR 6,00,000 and can go up to INR 28,00,000 per year. Comparatively, MTech courses cost less than MBA programmes. The fees in government or public institutions range from INR 50,000 to INR 2,50,000. The annual fee in private institutions can be between INR 2,00,000 and INR 10,00,000. The tuition cost can go even higher, depending on the quality of education and the institution’s reputation. If you choose to study abroad, your tuition and semester fees can increase manifold.
Average Salary
Since MBA and MTech have different coursework and practical backgrounds, one can expect a difference in their average salaries. MBA graduates are offered substantial salary packages and benefits. According to surveys, the average starting salary was INR 8,00,000 yearly, whereas the average annual salary is approximately INR 22,00,000.
On the other hand, MTech graduates are typically offered a starting salary between INR 4,00,000 and INR 10,00,000, whereas their average annual salary can range from INR 6,00,000 to INR 20,00,000. Since these are approximate estimates, aspirants must note that they can expect a different salary depending on the college’s placements, coursework, tie-ups, and specialisation. Any job’s pay scale also depends on the acquired skill set, previous work experience, qualifications, industry trends, and the current job market.
MBA Vs MTech: Expected Job Profiles
Even if you properly comprehend the similarities or differences between MBA vs MTech, if the degree doesn’t get you your desired job profile, it might not help accelerate your career. The extensive knowledge and skill set acquired through an MBA degree open doors to several opportunities. Some of the most popular job profiles that students can expect are –
| MBA Jobs | Average Salary |
| Finance Manager | 9.6 LPA |
| Marketing Manager | 10 LPA |
| Sales Manager | 10 LPA |
| Human Resources Manager | 4 LPA |
| Operations Manager | 7 LPA |
| Product Manager | 15 LPA |
On the contrary, MTech jobs are comparatively restricted to technical fields depending on your specialisation. You can expect job profiles as follows –
| M.Tech Jobs | Average Salary |
| Software Engineer | 5.6 LPA |
| Mining Engineer | 4.4 LPA |
| Ceramic Engineer | 4.0 LPA |
| Mechanical Engineer | 3.8 LPA |
| Chief Engineer | 16 LPA |
FAQs
Q1. Who earns more, an MBA or an MTech graduate?
Ans: An MBA degree will typically fetch you more money if done from a reputed university. The average salary of MBA graduates is INR 22,00,000 per year, whereas that of MTech graduates ranges from INR 6,00,000 to INR 20,00,000 per year.
Q2. Is an MBA tougher than an MTech?
Ans: Usually, the coursework of an MTech degree is more challenging than that of an MBA. It is because it requires a lot of hard work and learning specialised skills. It is also more technical than MBA.
Q3. What is the ideal age for an MBA?
Ans: MBA candidates are typically 25 to 27 years old, as an MBA degree usually requires previous work experience.
Q4. Which entrance exam do I need to take for MTech?
Ans: Students can apply to an MTech programme through entrance exams like GATE, GRE, UPSEE, OJEE, and TANSET.
Q5. Is an MTech cheaper than an MBA?
Ans: MTech is comparatively cheaper than MBA. On average, the cost of tuition for an MBA degree ranges from INR 6,00,000 to INR 28,00,000 per year, whereas that of an MTech course is between INR 50,000 to INR 10,00,000 per year.
Thank you for reading our guide to the differences and similarities between an MBA vs MTech! Let us know your queries or thoughts in the comments section below. If you found this blog helpful, check out some others on our website –
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I have done Bachelor’s in Culinary Arts from India and completed my graduation in the year 2022 .I am 22 years old. After graduation, I have done 1 year paid internship from USA .Now, I would like to take occupational experience and learn culinary skills and also do masters in Culinary arts.How can I find the college n best course / country where I can persue studying further