The Reason Corporates are Looking for a Merge of Engineering and Business Expertise!

A purely technical field, engineering is one of India’s most preferred fields in education. Each year, India produces around 1 million engineers and has become one of the largest technology hubs in the world. SRMUH is one of the notable universities in India, producing engineers with smarter skill sets and approaches to business problems.

Engineering is one of the essential fields that requires proper business knowledge and management skills. Industries these days also prefer individuals with sharp technical skills, in-depth business knowledge, and sound management skills. This T-shaped hiring process is one of the latest editions in the international job market.

A deeper dive into the current job scenario revealed that fresh graduates are expected to have excellent problem-solving abilities with the proper application of technical knowledge that helps in smooth operation and aids business generation. Therefore, new-age skills like mobile, cloud, and artificial intelligence are in high demand.

What do corporations want from new-age engineers?

The overall ability to plan, design, and execute a project needs an in-depth understanding of corporate functions and operations. Companies seek young individuals with excellent introspective skills and profound business knowledge.

 The application of technical knowledge needs business wisdom, i.e., an understanding of how the business is functioning and how the application will further help the growth and development of the overall industry.

Understanding sales and marketing and basic economic knowledge will lead to organizational development. The basic idea is to increase the probability for consumers instead of just making the product flawless. People have to know about the product before they buy it. Thus, branding plays an integral role in today’s marketing strategy.

Now, corporate sectors look for employees with diverse managerial skills in engineering. These are the engineers who thoroughly understand how business and engineering interact with each other—a B.Tech. Engineers may need more than the managerial skills required for the corporate sector. Hence, new courses have also been introduced to meet the new age of corporate demands.

Courses to Study

Various specialized and certificate courses will help you gain the necessary knowledge and skill set for becoming a valuable T-shaped engineer. Besides mechanical and technical skills, analytical and managerial skills can be acquired from studying courses such as artificial intelligence and machine learning, the internet of things (IoT), blockchain, and data analytics.

 Artificial intelligence and machine learning

After obtaining a B.Tech. in Computer Science and Engineering (CSE) degree, you must pursue an M.Tech. in Computer Science and Engineering (CSE) specializing in Artificial Intelligence and Machine Learning. This industry is booming and has seen a 70% increase in jobs. SRM University, Sonepat, is the best university in India, providing specialized studies in the said field.

 Eligibility: The general criteria are to have a B.Tech. degree and complete the 4-year course with 50% overall marks. A student must appear for an entrance exam and pass it to qualify for the AI and Machine Learning master’s degree.

 Scope: A degree or certificate in artificial intelligence and machine learning will make you eligible for jobs as a game programmer, a business intelligence developer, or similar positions. Amazon and Google are among the companies looking for AI and machine learning degree holders.

 Duration: 2-years

IoT (Internet of Things)

 Like artificial intelligence (AI), the Internet of Things (IoT) is also a new-age concept based on understanding the connection between devices and the internet. It also starts with a B.Tech. degree, specializing in block chain and IoT. Then, go for a master’s degree.

 Eligibility: An applicant must complete a 4-year B.Tech. degree by securing 50% overall marks. An applicant must also appear for an entrance exam to enroll for a master’s degree in IoT.

 Scope: IDC states that around 40 billion more IoT devices will be actively used by 2025, generating over 75 zettabytes of data. You can become a data scientist, network professional, machine and hardware expert, security expert, software program engineer, and several other positions in reputed corporate sectors.

 

Duration: 2-years

 Data Analytics

 It is one of the best courses for those without prior experience in programming yet wanting to pursue a career in data analysis. This course gives you in-depth knowledge of data analytics, data visualization, statistical analysis, linear and logistic regression, and many more. SRMUH has a great reputation for specialization in data analytics.

 Eligibility: A bachelor’s degree (preferred in computer science or CSE) with an average of 50%. An applicant must have solid numeric skills and a thorough understanding of computer software.

 Scope: You can become a business analyst, social media data analyst, budget analyst, and other similar jobs. The average hourly pay for the job is high and expected to grow by 5% in the coming years.

 Duration: 2-years

Final Say

 It is essential to always blend in with the times. And the ever-changing corporate world is set on a new trend of finding engineers with business and managerial skills. As the corporate industry shifts, the education industry also provides students with unique learning opportunities through hi-tech laboratories, global exposure, and skill development. This article was about this change and how the new generation should deal with it.