<p>I don't understand this whole process. Can an engineer do MBA in finance and then score an i-banking or trading job or does he/she have to do MBA in management?</p>
<p>For i-banking, finance is the preferred MBA concentration, not management. And yes, engineering majors are heavily recruited by i-banking firms, mainly because of their proven work ethic and quantitative abilities. Many engineering students don't end up becoming professional engineers because of the relatively low salaries, outsourcing, relatively low prestige, etc. They instead go into fields like management consulting and i-banking.</p>
<p>what about stock trading? NYSE?</p>
<p>What about it? Are there engineers in the field? Yes, more so than some other fields because it's more quantitative. What type of MBA concentration should you have? Once again, probably finance.</p>
<p>Lots of MBA programs don't have 'concentrations'. MITSloan used to, but not anymore. Neither does HBS. Hence, at schools like that, you are completely free to pick whatever electives you want. If you take a lot of finance electives, then I suppose you could say that you are concentrating in finance. </p>
<p>Furthermore, even those MBA programs that do offer concentrations provide full freedom to their students to switch around. If you get into the MBA program, you can pick whatever concentration you want. Nobody is going to bar you from concentrating in finance if that's what you want to do. You might not get the best grades if you don't know anything about finance, but B-school grades tend not to matter much anyway, and furthermore many Bschools have grade nondisclosure policies.</p>