Infrastructure is the engine that drives the economic growth of the world. Civil engineers who pursue a specialized MBA in Infrastructure Management will have a plethora of global job opportunities.
Is your engineering degree enough for success?
As perceptions go, engineering ranks as the top profession chosen by the youth in India with civil engineering being one of the key categories that they opt for. In the next two decades, India is poised to grow rapidly and Infrastructure being the pillar of economic development, the government plans to invest up to 1 trillion US Dollars in this sector. For sure engineers will play a big role in the mega development projects that have been planned. But in this time of specializations is it enough to be just a civil engineer?
The industry is focusing on extremely large scale projects. With such huge amounts being put into infrastructure, then a post grad degree in infrastructure management would be the ideal path to follow for someone who already has a background in civil engineering.
Shortfall in supply of skilled infrastructure management professionals
You see with so much expected growth and investment in this field, there is a huge need for a work force with relevant skills to tackle this level of work. By 2022 there will be a demand for 3 million skilled infrastructure professionals. The demand for civil engineers with a specialization in infrastructure far exceeds the supply. The humongous gap in demand and supply makes this one of the best paying professions today.
Double the salary of a civil engineer
A civil engineer in India today, earns about 3.5 lakhs per annum at the start of the career; at best even if there is a hike of 20% annually, in two years one would be earning around 4.9 lakhs per annum. On the other hand, if one does an MBA in Infrastructure Management, it gives them a straight jump to managerial roles with a salary of about 7.2 lakhs per annum, which is almost twice the amount they can earn if they keep at their job only with a civil engineering degree. So an MBA in Infrastructure not only equips them better for their job role but also increases their growth opportunity monetarily.
If you want to see the opportunities that await you after an MBA in Infrastructure Management then listen to Prof. D.T.V. Raghu Rama Swamy, Director, School of Infrastructure, Research & Institutional Consultancy.