If you have given any consideration to obtaining a graduate level degree in order to pursue a career in the field of information technology, an important question may have crossed your mind: “What is an MBA in IT?” By reading the information found below, you can obtain an answer to this question.
The MBA in IT – A Brief Overview
In this contemporary world, many businesses are heavily reliant on computer systems to perform their daily operations. For this reason, the field of information technology (IT) has become increasingly prevalent in recent years. Individuals who wish to work within the business sector of this field can opt to obtain a Masters of Business Administration in order to do so. The MBA in IT is designed to provide students with the high level of business and technology knowledge necessary to help organizations succeed professionally. Some of the things that students will typically be able to do upon completing an MBA program in IT include:
- Grasp basic concepts pertaining to globalization and IT
- Recognize existing and emerging e-business strategies in the global market
- Analyze the value and competitive advantages of specific emerging technologies
- Examine organizational competence in running a highly technological firm
The MBA in IT – Career Opportunities
Individuals who opt to obtain an MBA in IT will have a plethora of vocational opportunities to choose from. Many of these jobs will pertain directly to the business aspect of IT, but simply having a master’s level degree can offer individuals access to specific positions they may not have been able to obtain otherwise.
1. Computer and Information Research Scientist
Computer and information research scientists are responsible for the invention of new ways to approach the world of computer technology. Additionally, these individuals are responsible for finding innovative ways to make use of existing technology. Computer and information research scientists will analyze and subsequently solve computing problems indigenous to a plethora of fields, including science, medicine, and business. According to the U.S. Bureau of Labor Statistics, individuals who operate within this sector earn an average annual salary of $102,190.
2. IT Director
An IT Director is an individual who manages the computing resources utilized by organizations in a plethora of unique industries. Individuals who hold this position play an integral role in making sure that the information technology resources utilized by a company are constantly secure and readily available. Individuals who wish to work in this sector should consider attaining a specialization in Information Technology Management when they enroll in an MBA program. The median annual income for IT Directors is about $104,644.
3. Chief Technology Officer
The Chief Technology Officer is an individual who oversees the general technological direction that an organization takes. As technology becomes an increasingly integral aspect of business function, these types of managers will become more and more important. The CTO will generally be responsible for a wide range of job duties, some of which can include building the technology team, overseeing research and development in the technology sector, and devising and/or implementing strategies for technology platforms. The CTO can expect to earn about $155,809 annually.
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Conclusion
As made plain by the information listed above, the MBA in IT is a highly relevant educational program that will likely gain more and more prevalence as technological developments affect the way that businesses function. Individuals who earn an MBA in IT will have a variety of career options to select from, several of which are listed above. A few other vocational positions that individuals who obtain the MBA in IT can pursue include that of a Management Information Systems Director, Vice President of Information Technology, and Information Technology Management Consultant. Now that you know what an MBA in IT is, you can determine whether pursuing this educational path will help you accomplish your personal and professional objectives.
