Is Studying Compulsory for Value in MNCs?

Thanks for asking this question. The necessity of pursuing an or MS degree in MNCs varies significantly based on the specific organization and industry sector. In some cases, it can be a significant advantage, while in others, it might not make a substantial difference.

CS/IT Companies

In the field of computer science and information technology, a candidate with a degree often has the potential to secure a similar job position even after completing an or MS. These candidates are typically reliable and less likely to pursue further studies such as an MBA. However, companies with a strong emphasis on research and development (RD) might prefer students for their technical depth and academic rigor.

Electronics and Electrical Companies

Electronics and electrical companies, especially those focused on semiconductor industries, often value and MS graduates highly. Many MNCs prefer candidates with these degrees as they offer a competitive edge in terms of technical expertise and research capability. PhD holders are especially well-regarded, often taking up RD positions or leading groups in specific research domains.

Core Engineering Companies

For core engineering fields such as electronics, electrical, civil, and mechanical engineering, the impact of an or MS degree can be more variable. In many cases, after obtaining these advanced degrees, individuals may still hold the same job profiles as graduates, as the immediate need for higher qualifications is less pronounced. However, the extra knowledge and skills gained from these degrees can sometimes lead to better opportunities for career advancement or specialized roles within the organization.

Industry Practices and Policies

It is important to note that the level of importance placed on and MS degrees also varies among different organizations. Some companies have explicit policies that support and incentivize their employees to pursue higher education. For instance, some large corporations offer financial assistance and other benefits to their employees for successfully completing advanced degrees from reputable institutions. In contrast, a significant portion (around 90%) of the industry does not heavily consider these degrees for promotions, focusing instead on practical experience and standard career progression rules.

Alternative Value Adding Courses

While pursuing an or MS can certainly add value to your resume, it is not always the only path for career growth. Other relevant courses or certifications can equally contribute to your professional development. Acquiring additional software skills or engaging in short-term courses can also significantly enhance your job prospects and make you a more valuable asset to potential employers.

So, while and MS degrees can provide a substantial advantage in certain sectors, the ultimate decision on their necessity should be based on your specific career goals and the industry norms of your target organization.

All the best!