An MBA in Technology can pursue a gainful career in many industries. All technology-based companies use the services of technology managers, many of whom have MBAs.
Industries and job titles:
With experience, MBAs in Technology go on to become information systems managers, systems analysts, and chief technology officers. MBAs in IT obtain jobs titles such as project manager, business development executive/manager, product manager, marketing manager, analytics manager, system manager, data processing manager, business analyst, and IT manager/consultant. Non-IT Job titles include technical program manager, senior product manager, and technical product manager.
Job description:
An MBA program in Technology usually covers topics such as accounting, global economics, and financial management. In many schools, the program covers emerging technologies and sustainability and even biotechnology and clinical technology. Technology managers keep up with fast-changing technology developments and innovations. They understand products and services and what new ones that will thrive in the market.
Salaries and companies:
Annual salaries in the US range between $68,000 for project analyst (IT) and $130,000 for IT director. IBM, BAE Systems, United Technologies Corporation, Lowe’s Companies, and Atmel Corporation are among popular companies.
In India, salaries for MBAs in Technology start from Rs. 2 lakh for a fresher and go on to Rs. 12 lakh per annum in a few years. Popular companies include Caterpillar, L&T, TCS, Infosys, Wipro, Accenture, Capgemini, SAP, HP, and Cognizant.