MBAs are not what they used to be, so without the accompanying experience it won't help you too much at the onset of your career. Several of my engineering coworkers took night classes and got a MBA on the company's dime.
Also, I definitely got more out of the MBA by pursuing it while working. I ask because getting an MBA and getting an MS set you up for different jobs. Education, which is where fundamentals are acquired, is what allows one to work in the broadest set of fields. Aerospace, automotive, energy, biomedical, electronics, etc.... On the other hand, at a company I previously worked for the design engineers who generally had a BS had acquired most of what they learned on the job without any underlying understanding of the physical or mathematical reasoning.
They are also a dime a dozen these days (in terms of how many people have them).*. For example, I did not like doing research close to 24/7 (if I wasn't eating or sleeping) while making peanuts, and did not like how many professors and PhD's did not have a day of work experience in industry, yet they were in charge of educating students who mostly aspired to work in industry. Won't many big businesses also pay for you to get your MBA while working there? Look at a p.s.m. I'd also like to ask what type of business you wanted to start? What are your stories, suggestions and experiences?
Has anybody done a dual master’s in engineering and business administration? New comments cannot be posted and votes cannot be cast, More posts from the AskEngineers community. If anything, these comments are telling me that it all depends on where you are in your career and who you know. Because my bachelors degree was in Mechanical Engineering & I needed ~60 or so hours for my MBA, which the first ~30 hours could be a Masters in Engineering Management. I sure wouldn't pay out of pocket for it though. A lot of it is going to depend on the company you end up working for.
It doesn't necessarily help you get a job and can actually hurt your chances if you don't get enough hands-on experience during your PhD. When you are young, its easier to put in crazy hours, relocate, travel, etc. Many thanks to you comrade. Considered an MBA after undergrad, actually doing an ME masters. Practically, I recommend taking them at separate times to better focus your understanding.
One manages a testing faculty for a major OEM and makes 100k starting. If you already have an MBA, this is a red flag to the hiring manager that you don't want the job you applied for. If a lot of them have MBAs, then it is probably a good idea. TL;DR get a job in industry, gain experience, see if your company will pay for a MBA if you really want it. Past the management level? I was shooting for 3 years, but needed to push my Masters in Mechanical Engineering back one semester due to having a baby. New comments cannot be posted and votes cannot be cast, More posts from the engineering community. Rules of thumb rarely translate without substantial modification based on underlying principles. I'm in my MBA program right now but at my organization that stupid piece of paper is a must for career advancement past the management level. I heard it is a good thing to have if you want to move up or expand your options. By using our Services or clicking I agree, you agree to our use of cookies. You definitely dont need a MBA if your objective is to run your own business. Now, you originally asked about a PhD vs MBA. If you don't want to stay technical the whole time, it could be a good plan to help you move over to management ... if that's what you want to do. It has literally never helped him.
So for me, there's little incentive to go back for a PhD unless I want to box myself into a career in academia or R&D. You need to consider opportunity cost. All 3 took me 3-1/2 years to complete while working full-time. That was my motivation for getting one; it wouldn't restrict my engineering career, but it would provide more options if I wanted to switch. I wound up getting a job, because of numerous reasons that were based in my disagreements with how things in academia were done and taught.
Jesus titty fuckin Christ you must be a god at time management. I like the program since it's a combo of the technical side and "softer side." Puts you on a great path for leading at tech or manufacturing or biotech or retail companies companies that have operations as an important part of business. I had a similar question some time back when I was on the verge of finishing a MS. /Owns manufacturing and fabrication company.
Some colleges encourage their faculty to work on startups by giving them a break on IP licensing. Also, try and find a company that will pay for it. Getting a PhD does not limit you at all in getting a job in industry. You will be far more risk averse at 35 or 45 compared to age 25.
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