Both “Computer Science” and “Management” have been existing for many years and an “MBA in Information Technology” tries to bridge the gap between the two by helping students to be professionals who are adept in understanding the concepts of both computer science and management principles. Many computer science engineers who search for lucrative career opportunities in the field of finance, “MBA in IT” remains their top career choice.
MBA (IT) – an Overview
An MBA in Information technology combines both business subjects and information technology systems and their policies. In most cases B-school students pursuing MBA (IT) are taught management principles and their applications in a workplace in the first year while the second year of the MBA course focuses on core IT subjects. Some of the commonly found topics in the first year of the course are “Economics”, “Organizational Behavior”, “International Business” and “Principles of Management”. The second year of the course often includes subjects like “Information Security”, “Telecommunications” and “Management Software Development”.
With nearly all businesses expanding their horizon to the internet, MBAs in IT are in demand. e-Commerce and information security are two sectors that have seen a massive boost in recent years and managers who have adept knowledge about the technology world can easily handle the responsibilities of online businesses, IT security firms, core IT companies and other technologically inclined businesses. An MBA in IT not only provides candidates with the right skills to manage any technology based company but also know how to start up their own businesses. Candidates who graduate with an MBA in Information Technology have a keen understanding of management practices and keep up with the latest technological trends. An MBA in Information Technology is a great option for computer science engineers as they already have a foundation in information technology and they can build upon it in their post-graduation.
An information technology manager earns approximately 3.6 lakh INR when starting out while the median salary of experienced professionals with at least 5 years of experience is approximately 9.6 lakh INR.
Most MBA graduates in Information Technology start out as an IT manager and they mostly further their careers in either Program Management or Project Management. The highest achievable IT based role an MBA in IT can achieve is of the Chief Information Officer (CIO) or IT Director.
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Most institutes offering an MBA in IT require a graduation degree in any stream with at least 50% marks in graduation. Relevant work experience is a bonus. The selection may be based on a national level management aptitude test like CAT/MAT/XAT/CMAT/SNAP. Shortlisted candidates may have to sit for subsequent rounds including one or more of the following – Group Discussion, Essay Writing, Extempore and Personal Interview.
Colleges offering MBA in Information Technology in India
Some of the top institutes offering an MBA in Information technology in India are:
SP Jain Institute of Management and Research (PGDM)
Cut Off: CAT 85%ile
Course Fee: 14.0 Lakh INR
Placements (Average Package): 13.8 Lakh INR
Management Development Institute, Gurgaon
Cut Off: CAT 97%ile
Course Fee: 14.5 Lakh INR
Placements (Average Package): 13 Lakh INR
IIT Delhi (Department of Management Studies)
Cut Off: CAT 98.04%ile
Course Fee: 4 Lakh INR
Placements (Average Package): 13.3 Lakh INR
Jamnalal Bajaj Institute of Management Studies
Cut Off: CAT 90%ile
Course Fee: 2 Lakh INR
Placements (Average Package): 12.3 Lakh INR
Cut Off: CAT 90%ile
Course Fee: 9.2 Lakh INR
Placements (Average Package): 13.4 Lakh INR
This is a Guest Post by Paresh Dhake
Paresh is a technology enthusiasts and he like playing around with the latest shiny things in web tech world. Paresh manages a website TargetAdmission. He started TargetAdmission in 2009 to help students find out right college based on their profile. You can search Search MBA Colleges| Cutoffs| Placements| Fees and More @TargetAdnission.