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If you want to head up for a career of a senior managerial positions, like Managers Sales, Marketing, etc than MBA is the option. Likewise if you want to head a technical department go for an engineering masters.
Depends on the specialty, the field of work and the use of it.
If you have done MBA ( Master in business an administration) you will able to mange there very easily where you have work like accounts and business works you will controls these things best then others and you have done Master in mechanical engineering you will able to control machine or mechanical things best then others you will manage the mechanical departments you will make mechanical things. If you have done both of these you able to control whole mechanical company you will manage accounts, business contracts , engineering departments also so i think u can manage all the things in mechanical company.