This article talks about Master of Data Management (M.D.M.) degree programs and their education requirements, coursework, and job and wage outlook.
Master of Data Management (M.D.M.) Programs
Coursework in a master’s program in data management is devised to advance students’ knowledge of data analysis, database theory and design, and data mining. For those interested in a graduate program in the field, schools commonly offer a Master of Science in Information Systems (M.S.I.S.) with a concentration in data management.
Students complete most MSIS programs with a concentration in data management within one to two years. Specific information related to data analysis, and data management is available through such programs and students enrolled in the programs would benefit from having previous knowledge of information technology (IT) and computer systems.
Students learn about managing an organization’s data in order to increase profits by streamlining processes. They gain the tools they would need for designing, implementing, and managing the numerous data systems that can influence decision-making strategies at corporations and businesses.
Graduate-level data management programs are devised to train individuals to pursue advanced positions as information systems executives and analysts within the technology and business sectors. Program graduates may seek continuing education by enrolling in a Ph.D. in Data Management or a doctorate in a related area with a concentration in data management.
Admission criteria typically require incoming students to hold a bachelor’s program in business, information security, or computer science. In many MSIS programs, applicants are expected to meet a grade point average standard of 3.0 and submit Graduate Management Admissions Test (GMAT) scores. Incoming students to some programs are required to have prior experience in the IT field.
Core coursework includes data analysis augmented by electives related to management and strategy and covers topic areas such as:
•Data analysis and decision-making
•Management information systems
•Database theory and design
•Practical management science
•Advanced web applications
Job and Wage Outlook
Over the 2012 – 2022 decade, a job growth of 31% has been predicted for database administrators. During the same period, computer systems analysts could see a 22% growth (U.S. Bureau of Labor Statistics). In May 2012, database administrators and computer systems analysts brought in respective average annual wages of $77,080 and $79,680 (BLS).