Vandana Singh

As a Automobile Engineer, what is the scope and relevancy of doing an MBA?

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RE: As a Automobile Engineer, what is the scope and relevancy of doing an MBA?

Rahul Shinde
Rahul Shinde
Verified Career Expert
Career Consultant at Pinnacle School of Business Management
  • Thane

Hi,


Greeting's for the day!!!

The Indian Automobile industry is going through a phase of rapid change and high growth. With new projects coming up on regular basis, the industry is undergoing technological change. The major players are expanding their plants and focusing on mass customization, mass production,etc.

Investment in the Auto Sector:
Nearly every automobile company is investing at higher rate than ever before to achieve high growth trajectory. The overall investment in the sector has been increasing quite rapidly. It is expected that by the end of 2015 Indian Automobile Sector will be investing a huge amount as Rs. 35,000 crores.


Growth in the Sector:
At present the industry is enjoying a growth rate of 14-17% per annum, with domestic sales growth at 12.8%. The growth rate is predicted to double by 2015.

As it is seen, the total sales of passenger vehicle cars, utility vehicles, multi-utility vehicles in the year has increased in such a way that they have overtake Germany and Japan in Sales Volumes.

Financing schemes have become so important factor in the growth of automobile sales. More and more financial schemes are coming up with easy installment plans to lure the customers.

Apart from the domestic production, the industry is consistently focusing on the automobile exports. The auto component segment is contributing a lot in the export arena. The liberalized policies of the government are now making the companies go for more and more exports.


Employment in the Sector:
Investment is leading to the employment growth in the sector. With the emergence of new projects and introduction of technological advancements, the focus is more on the skilled and experienced human resource. The companies are looking for skilled and hardworking people who can give their best to the organization.

The engineers in the Automotive or Electrical or Mechanical field are in demand. Some of the firms going for automation, i.e. planning for CAD (Computer Aided Design) systems, are also recruiting people with IT specialization.


Required Qualities and Skills:
Automobile engineers need knowledge of many different aspects of engineering, including mechanical engineering, combustion, aerodynamic, electrical and electronic systems, and fuel technology.

You will need to have strong interpersonal and communication skills.

You will need ability to think in an orderly and logical way, as well as having imagination and curious mind. Automobile engineers often work to deadlines, so you must be able to work under pressure.

You need to have good analytical and problem solving skills. You must be able to prioritise and plan effectively. You also need to keep up to date with new development and regulations.


Scope of doing MBA after Automobile Engineering:
After Doing MBA you can have get good Managerial Knowledge which you can use in various departments of Automobile Engineering. Also it will help you to utilize your analytical skills to solve any problems.

Even with MBA and around 2-3 Years of Work Experience, you can earn around 40-50 K per month depending upon your Job Profile and can lead Mid Level Management Positions.


Further doubts or queries feel free to contact.

--
Regards,
Rahul.

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