I would never suggest “hiding” an interest by not taking courses/program of study because employers might think you have too much ambition. I would say that is a mistake. If you are, indeed, interested in engineering and management, there will be plenty of opportunities for that (it is less common now, but not that long ago a common refrain seemed to be "please, get me an engineer with social/management skills!) It may mean you are more attractive for different entry jobs, but many companies are looking for someone who can handle the tech side and also run a project. And not studying that, if you are interested and have the opportunity, is cutting off your nose to spite your face.
I can tell you with pretty strong confidence that all of the many Penn M&T grads I’ve known over the years have had a very easy time getting great gigs, despite their dual focus.