Title Sample

Scientists observe and understand the many natural phenomena and try to find out the reason behind them; like Newton finding the law of gravitation by observing a falling apple. But engineers are different from scientists because they apply the knowledge to create solutions for practical problems while focusing on cost, efficiency, scale, social and environmental impact.

• Scientists are people,” who seek to know”
• Engineers are people “who seek to do”.

Engineers create solutions to daily life problems using the limited resources available, at a scale large enough to serve large portions of society while maintaining an acceptable cost and production efficiency. So, engineers need to understand the problems faced by people i.e.,

• The needs of the market,
• Come up with creative ideas and designs,
• Manage resources like raw materials, machines, skilled employees, and
• Ensure that the final product reaches the people who desire it.

This involves skills from different management disciplines like marketing management, operations management, human resource management, etc. There is even a special post graduate degree named Engineering Management which aims to combine students’ technical capabilities with leadership knowledge and skills, preparing them for successful careers in highly technical roles.

An Engineer never works on lab scale; they mostly work on plant scale with a sizable production volume. Thus, it is a necessity for engineers to be able to work in a team, lead a team, delegate responsibilities, manage projects, etc. Engineering Management integrates tech skills with business acumen like finance, project management, leadership, marketing, and more to enable business decisions supported by technical depth.

Keeping Engineering Management aside, it is mostly advisable for an engineer to go for postgraduate studies. They can either specialize in a field of their choice through ME or go for an MBA to develop their marketing, management or entrepreneurship skills. The need for a postgraduate degree became glaringly visible during the Covid-19 period. During the partial lockdown and controlled re-opening period, companies needed to operate with 50% staff. At that time, they only preferred people with master degrees and experience or those who could take on more than one responsibility like engineers with an MBA.

A successful enterprise depends on a creative idea backed by strong technical and managerial skills. Many engineers who want to start their own venture lack the managerial skills; whether for team and project management or for taking business decisions. As an entrepreneur it is necessary to be personally involved in the core decisionmaking to ensure that the enterprise works towards the goal and mission set by the entrepreneur. Thus, MBA becomes a very important part of your skillset as an entrepreneur. According to Forbes, more than 40% CEOs of the fortune 500 companies have an MBA degree in their resume.

Thus it can be said that the need for engineers to participate in the managerial decision making process is increasing with the changes in the market. Also, combination of engineering with management skills is more suited for the current working model of many enterprises. In this competitive market, it is a must for engineering entrepreneurs to have decent management skills for success and growth of their enterprise.

Rajat Gandhi

Student Batch T26

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