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Hi Shashwat,
Another common question usually struck in an engineering student is what after Engineering. There are well known and common options that you can choose after B.Tech.
Hunting a Job:
If one feel that is been to heavy to study for four years and want to start making money, then start early hunt for job. Make a profile in all job sites and social job networking sites like linked in. Give it a big try and attend all walk-ins and apply all the places where you find suitable.Don't miss any advertisement for fresher and don't give up.
M.Tech or MS:
If you think you need to improve or need a higher degree to feel secure or gain higher positions at right time, you should look at all possible ways to crack GATE and think about M.Tech. If you are interested in having a foreign exposure and think your family can help and support you, then start preparing for GRE, TOFEL and start looking for universities that are suitable for that.
MBA :
We study Engineering for four years and at the end we are almost clear about our decision of joining some engineering stream and our career in that. By the end we know whether we can stay in the same domain, stream, or field of engineering and improve or it is kind of wasting our time if we remain in the same engineering field and you decide to change your area of study. MBA is a very good alternative, but make sure you are going to a right place for MBA.
Research:
If you think you have patience and motivation for studying for several years ahead and work for a cool and successful career you should consider doing PhD after B.Tech, many IITs take admissions to PhD even right after B.Tech. This may take on the average 4 to 6 years to complete but will definitely make you a strong player in real life and make you confident.
Start Your Own :
The exceptions can be to Start a company, be an entrepreneur and explore your world. If you have some hobby can make it a profession and make earning from that, for example paining, writing, singing, music and photography and many other hobbies. But be careful about these options they involve more risk and more gains.
Hope it helps. Please feel free to revert. Click on the thumbs up or mark it as the best, if you found this useful.
Wish You Luck!