Read about MBA in IT Career Options, Skills, Salary and prospects and find out why it is a lucrative career path for students.
Information technology has seeped in so much into organisations nowadays that the world-wide web of local area networks, intranet and the internet has changed the way business is being conducted across countries. Companies now use IT not only to automate their activities but also to stay ahead of their competitors. A new management frontier has been created – Information Technology Management. Hence, the career in MBA in IT is in demand these days. Business schools have acknowledged this need, and a new specialisation has emerged: Masters of Business Administration (MBA) in Information Technology (IT). A post graduate programme in management with emphasis on IT elements will train future leaders to drive the ongoing e-commerce revolution in a better way.
An MBA in Information Technology Management is designed to educate and develop managers who can effectively manage the planning, design, selection, implementation, use, and administration of emerging and converging information and communications technologies. The program curriculum provides students with the technical knowledge and management knowledge and skills needed to effectively integrate people, information and communication technologies, and business processes in support of organisational strategic goals.
What is MBA in IT?
It is a two year course which apart from detailed study of management principles, discusses in detail Computer Applications in Management, Database Management System, System Analysis And Design, Integrating E-systems & GIS, Securities And Control Information System, Networking & Network Security, Software Engineering, Web Designing and Multimedia, Innovation and Technology Management, Data Warehousing and Data Mining etc.
Career in MBA in IT
IT management is a broad term which encompasses various aspects of technology related activities. An MBA IT graduate can chart his career in any of the following fields within IT management:
- Business/IT alignment
- IT Governance
- IT Financial Management
- IT Service Management
- IT configuration management
An MBA in Information Technology Management is a lethal combination of two very dynamic aspects of any business: management expertise & information technology. Almost every national and international company of repute is always looking for competent and qualified professionals to help them cope with the dynamic business environment. An MBA (Information Technology Management) graduate’s climb up the corporate ladder is usually accelerated. Most of them will take up positions such as CTOs (Chief Technology Officers), CIOs (Chief Information Officers), information technology directors or IT managers. Information systems managers serve crucial functions within a company.
There are certain common set of skills required of all MBA graduates. In IT it becomes necessary to have a certain technical set of skills as well since Information Technology is a technical field. So a thorough knowledge of the IT sector, technical aspects as well as awareness regarding the happenings of the IT sector are very essential.
Other skills expected from an MBA graduate are as follows:
- Leadership Skills
- Ability to manage and work as a liaison between technical staff and managers
- Creative problem solving and analytical skills
Salaries for information systems managers are competitive; in fact among the best across industries which is not surprising, given that this field brings together two sought-after skill sets. Depending on the size of the organisation that you work for, CIOs and CTOs typically earn quite impressive salaries to the tune of Rs 2-4 lakhs per month. An IT manager would earn anything between Rs 30,000 to Rs 70,000 per month.