Introduction: Information Technology
Information Technology or I.T. is the branch of studies that deals with the usage of computers and telecommunications basically technologies.
In today’s rapidly moving world, Business transactions and business decisions are all taken within fractions of seconds and communicated even much speedily from one place to the other across nations in any corner of the world. In this context, the application and usage of IT has taken a tremendous shape and is in great demand thereof.
MBA-IT: Management studies have also introduced Information Technology as one of the specializations at the Post Graduate level in order to diversify the subject of materiality on one hand and supply the demand of Management people from IT on the other.
Technology and its advancements are something that has covered the entire market in today’s era. A very subtle motive of introducing IT in Management is to create more and more value by using technology.
Importance of MBA-IT in today’s Global world
Information Technology has vastly spread in the Business world today due to its easy accessibility and rapid growth in the Global economic scenario. It can help in the better and effective running of the newly perpetuating e-commerce in today’s era. Mostly the companies also look for those individuals to be hired who posses both managerial as well as technical skills and for that purpose an MBA-IT is the most apt choice of the industries today.
An MBA-IT candidate generally can diversify the scope of his/her career by entering in vivid fields:
- IT Governance
- IT Financial Management
- IT Service Management
- IT Configuration Management
The most special benefit in this career option is the lethal combination of Management expertise on one hand and Information Technology on the other hand.
IT Managers generally play the role of a bridge between technology and management.
The major positions that they may get facilitated with are:
- Chief Technology Officer
- Chief Information Officer
- IT Managers.
Colleges that offer MBA-IT
- Indian Institute Of Management, Calcutta
- Indian Institute Of Management, Bangalore
- S.P.Jain Institute Of Management & Research, Mumbai
- National Institute of Industrial Engineering, Mumbai
- Symbiosis Centre for Information Tehnology, Pune
- Others : Institute of Management, Nirma University, GNIOT, Greater Noida, NIMT, Greater Noida, NIIT University, Neemrana etc.
Entrance Exams to get into MBA -IT
College Fees :
The college fees invariably varies from one college to the other. It is around Rs 1300000 in IIM’s; Rs 1050000 for S.P.J.I.M.R, Mumbai; and around 4-5 lakhs in others.
Placements and payoffs:
Excellent placements with handsome salaries is an obvious factor with this option as it facilitates the job givers dual skill sets in a single person. The basic salary of an IT Manager goes to around 30000 to 70000 per month and that exceeds upto 2-4 lakhs when experience counts in with the positions like Chief Information Officers, Chief Technology Officers etc.
To sum Up:
MBA-IT is an excellent career option as far as getting a fair job with handsome salary package is concerned on one hand and exploring your knowledge in diverse fields to become more capable and recognizable in the society on the other hand as there is nothing more great than being acquired and equipped with a managerial skill and Information technology back up skill simultaneously.