The Masters in Engineering Management (MEM) has gained a decent amount of popularity over the last few years. So, you no longer require an MBA degree to prove your worth and carve a place for yourself in the corporate world.
Conventionally, an MBA degree was considered to provide a stable professional career.
But this is just a myth. There are many alternatives now, like a Master’s in Engineering Management.
This article will explore the scope of job opportunities after Ms. in Engineering Management. There are various management engineering jobs in India with lucrative career opportunities to prove technical and managerial skills.
Let us first comprehend what a Engineering Management Course is.
What is a Master in Engineering Management?
It is a curriculum designed for professionals who want to bridge the gap between engineering, management, and technology. This degree is a good mix of advanced technical know-how and a knack for business management. So, if, as an engineer, you can lead and manage a team professionally, then a Master’s in Engineering Management is an excellent opportunity for you to explore.
Engineering managers focus more on product development and project completion with minimal problems. As a result, an engineering manager ensures that the company and its clients get more from their efforts to boost productivity, efficiency, and success.
The following section lists the many engineering management master’s positions available.
Career & job opportunities after a Master’s in Engineering Management
If you, as a candidate, are wondering what’s next after a master’s degree, this industry offers jobs you can pursue in engineering management, project management, product development, etc. Also, if you are applying for advanced professional positions, you must have prior work experience in related jobs. Therefore, let us explore the list of highest-paying job opportunities after a degree in Masters in Engineering Management:
Senior IT Project Manager
A senior project engineer is a professional that supervises technical workers on engineering projects inside their organization, ensuring that projects are finished on time, within budget, and according to project requirements. Their key responsibilities include assuring the assigned work’s effectiveness and facilitating communication between the project manager and the technical personnel participating in the project.
Glassdoor reports that a senior project manager’s average annual salary is Rs. 27 lakh.
Engineering Operations Manager
Many engineering managers who focus on operations can also be operations supervisors. This job focuses on strategic planning, significant development initiatives, and long-term development.
They serve as the principal contact points for engineering planning and execution and give analysis and reports to senior management. So, a senior operations manager with experience of a minimum of 3-5 years can earn up to Rs. 17,93,000 as a yearly package, according to Glassdoor.
A systems analyst is a person who applies analytical and design skills to information technology to address business challenges.
Systems analysts may function as change agents by identifying necessary organizational enhancements, designing systems to achieve those enhancements, and training and motivating people to use the techniques. The average salary of a systems analyst is approximately Rs. 8,73,000 per annum.
The annual package is expected to rise with experience and the company an analyst works for.
A project engineer oversees the company’s technical workforce on engineering plans, ensuring projects are finished on schedule, within budget, and according to criteria.
Their primary role is to provide task efficiency and excellent communication between the project manager and technical staff. In addition, a senior project manager is compensated Rs. 7,76,000 depending on their work experience and company profile, according to Glassdoor.
One of the highest paying jobs after pursuing MEM is a technology manager with a remuneration of Rs. 20 lakh per annum, according to Glassdoor. A technical manager has excellent technical and social abilities. This professional must perform responsibilities generally handled by the technical efficiency department and ensures all internal systems are up to date. They also help with equipment diagnostics.
Most application engineers work for companies that build software for various sectors. These may include new software structures, hardware components, or software optimization.
An application engineer’s primary responsibility is to enhance their employer’s customers’ software and related infrastructure. According to Glassdoor, an application engineer’s average salary is Rs. 9 lakhs per annum.
Aerospace engineers are responsible for creating and testing products for the aerospace and aviation sectors.
This position involves a sophisticated understanding of materials and expertise using specialized computer software to generate designs for aircraft, helicopters, spaceships, rockets, and other similar devices. A senior aerospace engineer makes Rs. 13 lakhs with an additional bonus and compensation, according to Glassdoor.
A hardware engineer, often known as a computer hardware engineer, researches, develops, tests, and monitors computing hardware-related systems and devices.
The duties of a hardware engineer include overseeing the development of computing systems, managing IT difficulties, supporting businesses with the installation of new hardware, and evaluating computer goods. The national average salary as a computer hardware engineer is approximately Rs. 45 lakh yearly, as recorded on Glassdoor.
Architects design and build structures. They provide feasibility reports, environmental impact assessments, and project proposals with timetables and costs. Architects analyze clients’ demands and offer design proposals from inception to completion.
They propose project concepts and change designs and strategies for clients. They create designs, blueprints, specifications, and construction papers and undertake feasibility and environmental impact assessments. As per the salaries recorded on Glassdoor, the average salary of an architectural engineer is Rs. 25 lakhs per annum.
This position includes civil engineers. Civil engineers handle public and private infrastructure projects and systems, such as highways, bridges, and water delivery systems. They also prepare cost estimates for materials, equipment, and labor feasibility, survey reports, and maps to provide risk analysis for project phases, costs, regulations, and environmental hazards. They earn approximately Rs. 30,888 a month, according to Glassdoor.
These are the top 10 highest-paying job opportunities after completing a Master’s in Engineering Management. These positions are perfect for seniors in management roles aspiring to move up the ladder. In addition, a Master’s in Engineering Management prepares engineers with business and project management skills relevant to today’s workforce.