Degree Overview: Master of Business Administration (MBA) Degree in Technology ManagementMajors Overview May 21, 2015
Get information about Master of Business Administration (M.B.A.) degree programs in Technology Management and their education requirements, coursework, career choices, job and wage outlook, and continuing education choices.
Master of Business Administration (M.B.A.) Programs in Technology Management
Students enrolled in Master of Business Administration (M.B.A.) in Management of Technology programs can expect to become adept at managing research and evaluating technology strategies in organizations and companies. Coursework combines internship opportunities, lecture courses, and hands-on projects to teach students about anticipating emerging trends, leading organizations and transforming innovation into success. Some schools offer the program in hybrid or online formats aimed at providing opportunities for part- and full-time study. Students usually take two years of full-time study to complete the program.
Admission criteria typically require incoming students to hold a bachelor’s degree. Applicants for admission to some schools may be required to have prior experience or to have completed undergraduate coursework in technology or business, in addition to submitting GRE or GMAT scores.
The primary focus of coursework is on the integration of technology with business and on emphasizing how technology can impact business operations. Statistical analysis, production, organizational behavior, and marketing are the highlights of the curriculum wherein learners become adept at forecasting technological needs and using technology to obtain a strategic advantage in the global business world.
The primary focus of the program is on using research and development to help design innovative products, in addition to the development of creative solutions aimed at improving business operations. Students gain expertise in evaluating intellectual property issues, managing technical personnel and using electronic commerce with an eye on expanding the potential reach of the company. Coursework relating to general business concepts applicable across industries is augmented by core coursework in subject areas such as:
•Strategic technology management
•Management information systems
Holders of an MBA degree in Management of Technology can seek careers as entrepreneurs or as qualified technology experts in businesses that need them. Aerospace, computer software services, retail, pharmaceuticals, communications, and finance are among the industries that have a constant need of these professionals. They may choose from popular career options such as:
•Information technology consultant
•Management information systems director
Job and Wage Outlook
Over the 2012 – 2022 decade, a job growth of 15% has been predicted for computer and information systems manager. In May 2012, these professionals brought in an average annual wage of $120,950 (U.S. Bureau of Labor Statistics).
Continuing Education Choices
Program graduates can seek continued education by pursuing a doctorate in technology management or information technology management. The focus of coursework is primarily on scholarly research in technology and business management; doctoral programs in technology management can lead to careers in academia and research. A concentration in information technology is also offered by some business administration doctoral programs.