Job opportunities after completing MBA in IT
Shiksha gives you an overview of what are the job opportunities available for those who are pursuing an MBA in IT, the average pay scale and the top sectors hiring.
Master's in Business Administration in Information Technology (MBA in IT) programme has gained popularity among students in the past few years. This programme was created keeping in mind the ever-changing technological developments in the corporate world, creating a demand for skilled and competent IT managers. MBA in IT aims at managing the business aspects of the IT fields. The job of an MBA in IT entails plan, sell and manage the businesses of technology. An MBA in IT pursuer is taught to handle the information and communication technologies of a company.
Also read: Top specialisation: MBA in IT
Skills required to be a successful IT manager
Here is a glimpse into various skills possessed by a successful MBA in IT in the form of a table:
Skills | Details |
---|---|
Analytical Skill | Ability to judge and research on the current trend of the market |
Mathematical and accounting skill | Should possess a skill to calculate and measure |
Leadership skill | Ability to guide and lead people working under his domain |
Management skill | Must be able to manipulate others |
Decision-making skill | Ability to take a decision in a critical situation and come up with a solution |
Communication skill | Should have an excellent communication skill |
Career opportunities for MBA in IT professionals
There are ample job opportunities for an MBA in IT. After completing two-year management programme in IT these professionals can work with corporates, technology companies and industries. For those with an inclination towards teaching can opt to become a lecturer at any B-school. The interested candidates can carry on with research in the field also and pursue Fellow programme in Management (FPM).
Job Profiles for MBA in IT
The MBA degree holders in IT have job options available in both private and government sector. Their jobs include various aspects of technology-related activities. A competent MBA in IT may also find opportunities in Defence, Space agencies and Automobile sector. However, a suitable candidate can be appointed as:
- Project Manager
- Business Development Manager/Executive
- Marketing Manager
- Corporate Strategy Manager
- Analytics Manager
- System Manager
- Data Processing Manager
- Business Analyst
- IT Manager
- IT Consultant
- IT Director
- Chief Technology Officer
Below is a table which provides some idea about the job opportunities for MBA in IT:
Designation | Job Opportunities (in %) |
---|---|
Chief Technical Officer | 30 |
Chief Information Officer | 29 |
Information Technology Director | 17 |
Job Description
The job of the Managers in IT includes various responsibilities. Here we have made an attempt to give some idea about the job of a professional:
Chief Technology Officer: Companies that deal with Artificial Intelligence, Cyber Security and Internet Services appoint Chief Technology Officer (CTO). These professionals look after the technological development of the companies. They find out the risks and opportunities for business expansion of their companies. They also take care of the research and development (R&D) department of the companies. They also inform the business strategy, expansion policy of their companies to the partners, investors and employees. The CTOs are endowed with the responsibility of looking after the entire information technology department of the company and managing the senior managers and executives of the department.
Chief Information Officer: Chief Information Officer (CIO) is a senior executive who looks after the information technology and computer system in order to serve the goal of business for the company. With the expansion of information technology, the number of CIOs in a company has increased recently.
Project Manager: The job of a project manager entails the handling of the timing and preparing the budget of a project in an organisation. He is held responsible for planning, budgeting, and checking all the aspects of a specific project. He works in co-ordination with the upper management for the successful implementation of a project.
Programme Manager: The programme manager is entrusted with the job of providing strategic management guidance to the executives and the project manager to uphold the culture of the company. He also looks after the progress of operation and suggests strategies for that too.
Information Technology Director: The job of the information technology (IT) director is to look after the infrastructure of technical operations. He also keeps an eye on the functioning of the IT team in order to reach the targets, meet quotas, eliminate security risks, and increase user satisfaction.
Information System Managers: Information System Manager supervises the work and functions of the computer engineers, systems analysts, data security specialists and computer support specialists.
Corporate Strategy Manager: Corporate Strategy Manager of a company carries out organisational reviews to recognise the strengths and weaknesses of the company. He also evaluates the operational effectiveness of a strategy.
Average salary offered to an MBA in IT
Initially, the MBA degree holders in IT draw a salary of Rs 3-5 lakh per annum. Their salary increases with years as they acquire experience in the field. The average salary of an IT manager is approximately Rs 12 lakh per annum. The IT managers are offered good pay scale by the banking sectors, FMCG companies and finance companies also. Here is a table to guide you about the average annual salary received by an MBA in IT:
Designation | Annual Salary |
---|---|
IT Director | Rs 34 LPA |
Chief Technology Officer | Rs 25 LPA |
Chief Information Officer | Rs 20 LPA |
Programme Manager | Rs 19 LPA |
Project Manager | Rs 18 LPA |
Top Recruiters of IT Managers
In India, there are several top recruiting companies which absorb the IT Managers with hefty pay packages. These companies are listed below:
Government Sectors | Indian Recruiters | Foreign Recruiters |
---|---|---|
BSNL | Infosys | Amazon |
Indian Railways | Wipro | Apple |
Doordarshan | IBM | Deloitte |
ISRO | Accenture | BCG |
Indian Air Force | Tata Consultancy Services | Citigroup |
Larsen & Toubro | J. P Morgan etc. |
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