Degree Overview: Master of Science (M.S.) Degree in Management of Technology
Majors Overview May 31, 2015Get information about Master of Science (M.S.) degree programs in Management of Technology and their education requirements, coursework, career choices, job and wage outlook, and continuing education choices.
Master of Science (M.S.) Programs in Management of Technology
Students enrolled in a master’s degree in management of technology program are involved in the exploration of methods of encouraging innovation in the workplace for improved services and products. Students learn about designing effective business models aimed at maximizing the use of technology in profitable and marketable ways for their organizations. They may seek areas of concentration such as resources management, management of design, systems engineering concepts or information technology management.
Education Requirements
Admission criteria typically require incoming students to hold a bachelor’s degree preferably in mathematics, engineering, science or a related field. They may also have to submit Graduate Record Examinations (GRE) or Graduate Management Admission Test (GMAT) scores, apart from resumes and letters of recommendations.
Coursework
Coursework in master level studies in technology management typically covers studies in commerce, science, and engineering. Students enrolled in some programs are required to defend a thesis, while, in others, they may be required to complete a comprehensive exam successfully before they can graduate. Core coursework may include topic areas such as:
•Enterprise leadership
•Emerging technologies
•Marketing strategy
•Information systems
•Evolving innovations
Career Choices
These programs develop the innovation and leadership skills necessary for the pursuit of careers in information technology, product development, project management and manufacturing. Program graduates may also seek opportunities in entrepreneurial or consulting ventures. They may choose from possible career titles such as:
•Business analyst
•Systems engineer
•Design engineer
•Quality engineer
•Project manager
Job and Wage outlook
Over the 2012 – 2022 decade, a job growth rate of 19% has been predicted for management analysts (U.S. Bureau of Labor Statistics). In May 2012, these workers brought in an average annual wage of $78,600.
Continuing Education Choices
Program graduates can seek continued education through participation in fellowship programs to gain real-world experience. They may also enroll in graduate certificate programs, in areas such as strategic technology management, new product design, and technological entrepreneurship. They may also choose to earn a Ph.D. in Technology Management that could lead to a career in research or academia.
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