Do you wonder what the IT (Information Technology) sector exactly is? What value will an MBA in IT provide to your career? Is an MBA in IT a good option?
In this article, we will discuss What IT is, What an MBA in IT is, What is the scope, How is the IT sector currently doing and Why you should pursue an MBA in IT.
Are you fascinated by the latest technological trends emerging in recent years? We all love technology and are aware of the efficiency and productivity it brings into our lives.
Want to buy a product but don’t want to go outside? No worries, you can get it in just a few clicks. Want to send or receive money? It is no more a headache. You can do it within a matter of minutes and that too, with guaranteed security.
We are today, more than ever, reliant on technology for our day to day functions. It affects our lives directly or indirectly in every form.
Data or Information has become very valuable for any business venture or any individual. We all crave for authentic information to make decisions in our lives. (You are reading this article to know if an MBA in IT is suitable for your career) Businesses crave for customer information to further increase user experience.
In a way, As it is being said, Data is the new oil. Therefore, it is essential to receive, store, analyse, process, retrieve and manage information, and be aware of the latest technological trends and innovate them.
The IT industry is responsible for this and achieving great heights year by year. The demand for productive, effective and cost-efficient technologies are at prime in this competitive world, and rapid digitalisation has only added to it.
What Is An MBA In IT?
Generally, an MBA in IT is a two-year post-graduation course where you will learn to blend your technical and managerial skills to provide value to an organisation.
After completing your course, You will have in-depth knowledge of IT applications with management skills. As you will possess technical and management skills, you will be a valuable asset for the organisation at the management level.
Is MBA In IT A Good Option?
In our current world, where technology plays a vital role in our very smallest needs, MBA in IT is high in demand.
As all the organisations turn into an effective technology mode, the employment opportunities for candidates with an MBA in IT are huge and soaring.
No organisation can run smoothly and effectively without robust technology maintenance in its place. Every organisation needs candidates who can handle and maintain their technology very well and effectively.
Go Through: How the IT sector is emerging as a pillar of modern India.
What Will You Learn In An MBA In IT?
During the course, you will learn to manage IT systems as well as employees.
Here, you will learn about e-commerce, project management, data house warehousing, software engineering, networking, business intelligence, information security, database management with communication skills, leadership skills, innovation, critical thinking and business management.
If you are fascinated by technology and are passionate about solving technology and innovation problems, you will excel in the organisation in this field.
For instance, you will learn specific skills required to excel in the competitive job market. Major skills including:
- Leadership Skills
- Project Management
- Strategic IT Management
- General Management
- Communication Skills
Also Read: Everything You Need To Know About MBA Degree
What Is The Eligibility Criteria?
The eligibility criteria for an MBA in IT is :
- Minimum 60% in your under graduation degree from a recognised university in any stream if you desire to get into top business schools
- Good scores in your entrance examination (CAT, GMAT etc.)
- Work experience (preferred, not mandatory)
What Are The Top Business Schools To Study MBA In IT?
When you opt for an MBA, it is always advised to choose the best business schools that provide top-notch quality education and the best placement opportunities. Here is the list of reputable colleges in India which add tremendous value to your education.
- Indian Institute Of Management (IIM)
- Department Of Management Studies, IIT Roorkee
- Department Of Management Studies, IIT Madras
- SP Jain Institute Of Management And Research, Mumbai
- Great Lakes Institute Of Management, Chennai
- ICFAI Business School, Hyderabad
- Birla Institute Of Technology And Science, BITS Pilani
- Xavier Institute Of Management And Entrepreneurship, Bangalore
- Management Development Institute, Gurgaon
- KIIT School Of Management, Bhubaneshwar
Pursuing your MBA abroad is always a great accelerator to strengthen your career. Apart from the educational benefits, you acquire a skill set not taught to you academically and boost your self-confidence and overall personality, making you ready for new challenges.
Of course, you need to have a good score on your GMAT test and your undergraduate degree. You need to meet specific criteria specified by the universities you desire to apply to. Here is the list of reputable colleges abroad :
- Harvard Business School
- London Business School
- Massachusetts Institute of Technology
- Wharton Business School
- Stanford Graduate School Of Business
- Haas School Of Business
- The University Of Chicago Booth Of Business
- The Kellogg School Of Management
Also Read: Best And Most Affordable Universities For MBA Abroad
How Can You Proceed? How Can We Help?
The decision to pursue an MBA, the paperwork, the exams and everything seems tedious and confusing. What if you could make it easy and straightforward for yourself? Of course, you can have a mentor for yourself where you can ask questions and receive help throughout the process. Avail of the excellent services of foreignadmits now. Give it a try!
What Are The Career Prospects?
After you complete your MBA in IT, the world of opportunities awaits you. Of course, it depends upon your work experience, skills and the reputation of the university you have studied in. You can be employed in private or government sectors alike. A few of the opportunities are:
- IT Manager
- Business Analyst
- Project Manager
- IT Director
- Data Processing Manager
- Systems Manager
- Chief Technology Officer
- Business Development Manager and many more
Finally, a candidate’s salary with an MBA in IT can range up to 40 to 50 lakhs.
Also Read: Why Pursue MBA in 2020?
Overall, pursuing an MBA in IT is an excellent choice for individuals who are inclined towards technology. It will present exciting challenges your way and provide an upward trajectory to your career. It is the age of technology and will be rapidly developing so, and it presents an urgent need for individuals with skills that an MBA in IT provides.
Also Read: MBA Entrance Exams Abroad