Jagpreet
09 August, 2024
Table of Contents
Are you planning on pursuing an MBA in IT Management? But unsure about the career prospects in that field. Well, let me give you a sneak peek about the IT industry. According to Statista, the IT industry accounted for 7.5 per cent of the GDP in the financial year 2023-2024, playing a significant role in India’s socio-economic growth, so much so that it could be the future driver of modern India.
And not only in India, IT is booming all around the world, creating career pathways that offer global opportunities and diverse job profiles for skilled professionals. Additionally, when you do an MBA in IT, it adds to your skill set, business understanding and technological expertise. It gives you a solid foundation to lead innovative projects, contribute to organisational growth, and excel in high-level management roles. Want to know more about career options after MBA in IT management? Let’s dig deeper ….
An MBA in IT Management is a 2-year postgraduate degree that offers you the skills needed to manage both business and IT systems. An MBA in IT prepares individuals for executive and managerial roles in various industry sectors such as human resource management, eCommerce and security.
The programme especially aims at combining the standard business knowledge of an MBA with specialised courses in IT, telecommunications, and IT project management. It gives students a solid foundation in hardware systems, data mining and global IT networking and also hone their business skills to tackle big and complex organisational challenges.
Information Technology is booming all around the world today and its job market is considered to be one of the most dynamic, fast-growing and lucrative fields. Furthermore, if you have completed an MBA in IT, then the scope and career opportunities multiply manifold for you.
Since, an MBA in IT, blends technology and managerial skills hand in hand, professionals get to lead cross-functional teams and understand both technical and business aspects of any industry. Some of the popular career sectors after an MBA in IT are as follows:
Information Technology | Financial Services |
Healthcare | Telecommunications |
Consulting | Retail |
Education | Energy and Utilities |
Logistics and Supply Chain | Hospitality and Travel |
E-commerce | Media and Entertainment |
A Chief Information Officer oversees a company’s IT operations and infrastructure aiming to enhance internal efficiency. Their key responsibilities involve developing goals and strategies for IT operations and researching new ways to improve IT infrastructure.
A CIO also collaborates with vendors and suppliers to acquire the best business solutions and helps increase profitability by providing effective operating solutions.
Moreover, CIO is an executive role in the organisation that is responsible for the overall technology strategy in the organisation, that aligns with the business objectives of the company.
Salary Range for Chief Information Officers | ₹ 17.0 Lakhs – ₹ 105 Lakhs |
Average Annual Salary | ₹ 74.2 Lakhs |
The primary duties of an IT project manager involve overseeing and supervising an organisation’s IT projects. They are in charge of business projects from initiation to completion, ensuring they meet deadlines, budgets, and other project specifications.
Furthermore, they are also accountable for keeping stakeholders informed about the process and ensuring that resources are in stock and available. IT Project Managers are skilled professionals who handle bigger and more complex projects ensuring they meet quality standards and fulfil clients’ expectations.
Salary Range for IT Project Managers | ₹ 5.5 Lakhs – ₹ 30.0 Lakhs |
Average Annual Salary | ₹ 18.6 Lakhs |
Business Intelligence Analysts identify the areas that need to be worked on and improved to increase efficiency and strengthen business processes. They work closely with others in the organisation’s hierarchy to create financial models to support business decisions.
The role of a business analyst is to understand stakeholder needs, comprehend different project requirements and communicate that to other internal teams. They are the ones who manage company communication and also possess strong presentation and organisational skills.
Salary Range for Business Intelligence Analysts | ₹ 3.1 Lakhs – ₹ 18.0 Lakhs |
Average Annual Salary | ₹ 8.8 Lakhs |
One of the primary duties of SAP consultants is to assist, train and guide professionals for projects and initiatives involving SAP (System Applications and Products) software programs. They assist organisations in identifying and implementing the software that is most suitable for them.
Additionally, they evaluate and optimise client’s software to meet their operational demands. And they also provide troubleshooting and tech support services to the clients. Typically SAP consultants have extensive hands-on experience with SAP systems, have proficiency in programming languages and good project management skills.
Salary Range for SAP Consultants | ₹ 5.0 Lakhs – ₹ 12.0 Lakhs |
Average Annual Salary | ₹ 8.5 Lakhs |
The key responsibilities of Quality Assurance Analysts involve testing, analysing and ensuring the quality of a softwp
rocess and check thousands of lines of code and programs for errors. Once they detect an error, they report it to the developers for further rectification.
The entire process of testing, analysing, and revising helps the organisation prevent major issues from occurring in a product’s life cycle and improve the quality further. QA analysts possess excellent skills to complete all tasks, follow guidelines, pay attention to details and fix errors.
Salary Range for Quality Assurance Analysts | ₹ 2.0 Lakhs – ₹ 10.5 Lakhs |
Average Annual Salary | ₹ 6.4 Lakhs |
A Social Media Manager provides the voice for a company on different social media platforms. He has the prime responsibility for developing content plans and monitoring a company’s public interactions on social platforms. Thus, a SMM oversees and optimizes an organisation’s social media accounts to fulfil the targets of content marketing.
Additionally, the role of a social media manager is also to find trends in user interactions and plan marketing campaigns for social media that would increase engagement and boost the digital presence of the company.
Salary Range for Social Media Managers | ₹ 1.2 Lakhs – ₹ 10.0 Lakhs |
Average Annual Salary | ₹ 5.5 Lakhs |
A Cyber Security Manager monitors the data channels through which information flows in and out of the organisation. They have the key responsibility of monitoring all operations across the network, reducing potential cyber risk and keeping up on the computer hardware system.
Furthermore, a cyber security consultant is also responsible for protecting critical information and minimising cyber attacks. They implement efficient ways to protect cloud platforms and conduct risk assessments for security checks.
Salary Range for Cyber Security Consultants | ₹ 5.0 Lakhs – ₹ 13.0 Lakhs |
Average Annual Salary | ₹ 10.0 Lakhs |
It is not a surprise that the IT sector has been dominating the worldwide market since the last decade of the 20th century and it’s still ruling in the 21st century. India being a global leader in IT and software services offers some of the best courses in IT management that help professionals address the evolving challenges and opportunities in the industry.
An MBA in IT management is one of the most versatile courses for IT professionals, blending technology and business management. If you are someone interested in taking up unique and challenging Job roles in the IT domain, then enrol in an MBA in IT programme to take a career leap.
An MBA in Information Technology (IT) can open doors for exciting job opportunities namely
Business Analyst
IT Management Consultant
Data Processing Manager
Systems Software Manager
IT Architect
Quality Assurance Analyst
According to Glassdoor Reports, the average salary for Information Technology (IT) management jobs in India ranges between ₹91,035 – ₹3,25,000/month.
develop the skills and gain the knowledge to drive technological innovations and manage complex projects for career advancement.