An MTech from IIT Bombay and an MBA from IIM Bangalore are two very different options. While one focuses on technological aspects the other focuses on managerial aspects. So before even dwelling on the worth of the courses individually you should self-analyze your inclinations and choose one path you are sure about.
Jot down your short and long-term goals. What exactly are you willing to do in your life apart from earning money? Are you more inclined to the corporate world or are the technical elements that attract you more? Having clarity of goals and understanding of what you want from your life is the primary determining factor for choosing your college as well as course.
Objectively, both courses offer a plethora of job prospects and you will gain a lot by choosing any of the two. But making a wise decision here is most important. Choosing an MBA just because it has good career prospects despite having an interest in technology is deluding yourself. You cannot attain success unless you are sincerely passionate about the field you are pursuing.
If you want a research-oriented career, doing an M.Tech from IIT Bombay can help you give good exposure. You can do a Ph.D. afterward and choose a career in R&D. You can secure good job profiles with decent paychecks with just an M.Tech as well.
But, if you are interested in a management career, you should do an MBA from IIM Bangalore. If you are interested in a good job with a cushy salary package, then doing an MBA from IIM will be definitely better than doing an M.Tech from an IIT. IIM Bangalore placements 2022 ended with an average CTC of around INR 33.8 LPA.
My brother studied at both institutes. He did his B.Tech from IIT Bombay and MBA from IIM Bangalore. According to him, it totally depends on what your interests are and what you want to do in your career.
If you are looking more for a technical career then go for M.Tech but if you are more interested in managerial roles then you should go with MBA. Here is a comparison between the two institutions.
Particulars | IIM Bangalore | IIT Bombay |
Average package offered | 29.98 LPA | 18 LPA |
Placement rate | 100% | 100% |
Top Recruiters | Accenture, Bain & Co, Amazon, Microsoft, McKinsey and Company, IBM Consulting, etc. | Microsoft, Google, Texas Instruments, Qualcomm, Boston consulting Group, Apple, etc |
IIM Bangalore and IIT Bombay both are among the most reputed institutions in India. Having said that, the selection criteria for both the institutes are completely different so make sure you are 100% interested in the program you choose.