I am in Engineering school ,persuing a MSc.Should I waste my time to study Business and Finance in a two year college ?

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Engineers either work in the technical end of business, as a manager or supervisor in a technical business, as the owner of their own company or as a consultant. Having a certificate from a two year college in business and finance may be of some benefit as a technical manager but probably not that big of a benefit. Only if you plan to own your own company, act as a consultant or expect to be the CEO of a technical company would such a certificate be of value.