MBA Technology
Management is a 2-year postgraduate Technology
Management course. The path concentrates on growing enterprise global leaders
who aren't most effective and precise at handling rising technology however
additionally apprehend a way to adapt inside the group of workers to its speedy
changes. This route combines the information of Technology with the abilities
of Business Administration.
A
candidate with a Bachelor’s degree or an equal qualification in any subject is
eligible for an MBA Technology Management course. The candidate must secure a minimum
aggregate of 60% marks at the
undergraduate level to be eligible for
admission to the MBA Technology Management course.
Admission to MBA
Technology Management
could be primarily based on the overall performance of applicants with
inside the front examination and private interview. National-level entrance
exams such as CAT, MAT, XAT, NMAT, etc. are required to secure a seat in the MBA
Technology Management Course.
The
MBA Technology Management application makes a specialty of growing commercial
enterprise international leaders who aren't handiest successful in handling the
modern generation however additionally realize the way to adapt to its fast
adjustments inside the workplace. The direction falls beneath the umbrella of
an MBA.
The
primary rate for an MBA in Technology
Management varies from INR
50,000-8,00,000 depending on colleges/universities. MBA Technology
Management consists of topics coping with the design, development,
implementation, and use of technical services and products to assist make the
employer extra powerful and value-adding.
The
Technology Management MBA application is intently related to such essential
disciplines as business Intelligence and analytics, data technology, person
enjoy design, innovation management, and strategic management.
The
common placement earnings for MBA
Technology Management applicants stand within the variety of INR 4,00,000-20,00,000 for an MBA in
Technology Management candidate, relying upon the candidate’s know-how inside the field. Common activity profiles provided to such applicants are
Information Systems Managers, Computer Systems Analysts, Chief Technology
Officers, etc.
Course
Highlights for MBA in Technology Management
The principal highlights of the MBA Technology Management direction were tabulated inside the desk below:
Particular | Value |
Course Name | Master of Business Administration in Technology Management |
Course Level | Postgraduate |
Course Mode | Full-time, Part-time, Distance, Online |
Course Duration | 2 year |
Examination Type | Semester based |
Eligibility Criteria | Candidate must secure a minimum aggregate of 60% marks in graduation from a recognized university |
Entrance Exam | CAT, MAT, CMAT, etc. |
Admission Process | Entrance/Merit-based |
Age | No age limit |
Average Annual Fees | INR 50,000-8,00,000 |
Average Annual Salary | INR 4,00,000-20,00,000 |
Job Profiles | Computer Systems Analysts, Chief Technology Officers, Information Systems Managers, etc. |
Top Recruiters | Cybersecurity, System Development, Technical Sales, IT Consulting, Network Technology, Internet Services, etc. |
Why
Should You Study MBA in Technology Management?
An
MBA is a degree that enables people to enhance their cutting-edge work
situation, boost their paycheck, and cope with any industry's enterprise side.
This route is generally studied by college students due to the subsequent
benefits:
For
MBA Technology Management admissions,
the applicants want to go into the statistics in a form, both online or
offline, and the university/university confirms the candidate's admittance. The
scholar ought to pay the path expenses upon getting affirmation from the
university/college, and admission is permitted through the faculty.
Types
of MBA Technology Management Course
MBA
Technology Management is an appealing MBA specialization after a bachelor's
degree.MBA Technology Management is supplied to college students in 3 modes:
full-time, part-time, and online or distance mode. The info on every one of the
modes is mentioned below:
(1).
Online/ Distance
An
online or distance MBA in Technology
Management provides added accessibility and flexibility to the course.
Students no longer want to often attend instructions and may pursue them
from the consolation of their houses via stay schoolroom coaching or recorded
sessions. They are inexpensive alternatives to on-campus learning.
(2).
Full-time
During
the full-time MBA Technology Management
program, college students are predicted to wait for normal instructions and no longer get worried about any full-time expert activity. A full-time diploma
guarantees that scholars get a complete curriculum quality ideal for
technological professionals.
(3).
Part-time
Part-time MBA Technology
Management guides do
now no longer require time far from the office. It is designed for specialists
who intend to hold ahead their research at the same time as juggling expert
responsibilities. It specializes in the place of control schooling and
schooling with a unique emphasis on technology management and conforming to
challenges that arise in contemporary technology-driven organizations.
Eligibility
Criteria for MBA in Technology Management
Most
MBA programs provide training in basic business principles needed by any
manager including subjects like corporate finance, economics, strategic
planning, marketing, and accounting alongside the core subjects based on the
specialization that aspirants choose. Like another MBA program, the eligibility
standards for an MBA in Technology Management also are the same.
Admission
Process for MBA in Technology Management
Accepted
Entrance Exams for MBA in Technology Management
All the schools taking packages for MBA Technology Management will shortlist college students on the idea of their overall performance with inside-the-entrance tests. There are numerous MBA front aptitude-primarily based totally assessments that might be performed within the country which the scholars can take to enrol themselves in prestigious colleges. Applicants can test out the MBA Technology Management entrance tests which they are able to choose from:
XAT | ATMA |
SNAP | GMAT |
CAT | IIMs |
MAT | CMAT |
Skills
Required for MBA in Technology Management
All the managers of Technology Management want to have some abilities for excelling in their company world. A few of the specified capabilities are stated below:
Co-ordination | Problem-Solving Skills |
Good Communication skills | Leadership Quality |
Critical Thinking | Active Listening |
Speaking | Conflict Management |
Fee
Structure for MBA in Technology Management
MBA Technology Management course fees range from INR 50,000-8,00,000 PA depending on the college or college primarily based totally on the form of centers they offer for MBA Technology Management. Below indexed are the MBA Technology Management costs in India:
Name of College | Average Fee |
Anna University, Chennai | INR 41,000 |
Chandigarh University, Chandigarh | INR 1,80,000 |
NMIMS, Mumbai | INR 4,00,000 |
LPU, Jalandhar | INR 3,00,000 |
Amity University, Noida | INR 6,00,000 |
Selection
Criteria for MBA in Technology Management
Students
who achieve the eligibility requirements of a minimal aggregate are only
admitted to MBA Technology Management programs in India. The college's official
website will have a list of selected candidates, and they will be notified of
the results and following steps in the admissions process through email.
(3).
Course Comparison
MBA
in Technology Management v/s MBA in Information Technology
MBA Technology Management and an MBA Information Technology courses are nearly comparable publications besides some differences. The below-given evaluation is given retaining in thoughts all of the critical parameters of differences:
Parameter | MBA in TM | MBA in IT |
Course Name | Master of Business Administration in Technology Management | Master of Business Administration in Information Technology |
Course Overview | The course is designed to educate college students to control studies and examine technology-associated techniques in organizations and organizations. | An MBA in IT will offer you the ability to manipulate each IT structure and employee, combining the conventional enterprise expertise of an MBA with specialized publications on facts security, telecommunications, and IT mission management. |
Course Duration | 2 year | 2 year |
Eligibility Criteria | Candidate must secure a minimum aggregate of 60% marks in graduation from a recognized university | Graduation in IT or a related field with a minimum of 50% mark from a recognized university |
Entrance Exam | CAT, MAT, CMAT, etc. | CAT, XAT, NMAT, CMAT, SNAP, MAT, etc. |
Course Stream | Management | Management |
Average Annual Fees | INR 50,000-8,00,000 | INR 1,30,000-25,00,000 |
Average Annual Salary | INR 4,00,000-20,00,000 | INR 3,00,000-12,00,000 |
Top Colleges | Chandigarh University, NMIMS, LPU, etc. | Kalinga Institute of Industrial Technology(Bhubaneswar), XLRI, IIMB, etc. |
Read
More: MBA in IT
Here is the pinnacle MBA Technology Management University listing for your reference. This list shows the colleges, and average fees charged for this course:
Name of College | Average Annual Fee(INR) |
Department of Business Management, Osmania University, Hyderabad | INR 1,00,000 |
Alagappa University | INR 25,70,000 |
Dr. DY Patil Institute of Management & Research, Pune | INR 6,00,000 |
Indian Institute of Management, Ahmedabad | INR 23,00,000 |
SIMSR | INR 20,00,000 |
XLRI-Xavier School of Management | INR 23,50,000 |
IMT Ghaziabad | INR 20,00,000 |
Sandip Institute of Technology and Research, Nashik | INR 3,00,000 |
IMT Hyderabad | INR 41,000 |
SCIT Pune | INR 10,00,000 |
KIIT University | INR 20,00,000 |
MGM Institute of Management, Aurangabad | INR 1,80,000 |
IBMR, Pune | INR 4,00,000 |
MDI Gurgaon | INR 20,00,000 |
Students
who study MBA in Technology Management have an edge over other students. Many
organizations watch for such college students to fill their pinnacle positions.
Companies like Consulting Services, Insurance and financial Companies,
Academic Institutions, Healthcare Organisations, and lots of others recruit
those candidates.
Job
Profiles for MBA in Technology Management
The pinnacle activity profiles to be had for MBA Technology Management applicants are defined at the side of the earnings developments inside the desk below:
Job Profile | Job Description |
Chief Technology Officer (CTO) | Developing a plan for the organization to use technical tools. Ensuring the era is used efficiently, profitably, and safely. Evaluation and deployment of new technologies and services. |
Project Manager | The roles of Project Management consist of turning in every mission inside finances and scope on time. Project managers should have organizational experience, management, budgeting, and planning backgrounds. Project managers are equipped to get satisfaction out of the humans and the initiatives they supervise. When making plans for tasks they thrive and work with undertaking teams. |
Computer Systems Analysts | Computer Systems Analysts work to ensure all of an organization's computer systems help to achieve organizational goals. It is their responsibility to collaborate with colleagues to assess the strengths and limitations of the current structures and to find areas for change. |
Analytics Manager | Analytics managers are responsible for managing a team of business analysts who use business data And statistical techniques to offer perception into the commercial enterprise's overall performance and endorse regions for operations improvement. In interpreting outcomes they also implement analytical approaches and methodologies. They can gather and evaluate external market data to provide comparative benchmarks. |
System Managers | System managers implement IT in an organization and oversee a team of IT professionals. The position includes the design, implementation, and renovation of records structures such as upgrades to hardware and software. |
IT Manager | IT administrators are responsible for the effective and secure running of all operating systems, related applications, Equipment, and software programs that can be utilized by a huge kind of public and personal region organizations. They moreover plan, organize, control, and observe IT and records operations in virtual format. They help in planning, creating, imposing, and organizing programs, policies, and procedures. |
Product Manager | Product managers are responsible for defining the release process and for coordinating all the activities required for marketing the product. This consists of bridging gaps inside the business enterprise among diverse departments and aligning all of the groups involved such as marketing, sales, and patron service. |
Top
Recruiters for MBA in Technology Management
Many organizations look out for graduates in generation control for his or her departments. They are surprisingly professional in handling the era and adapting themselves to the new era as well. A shiny destiny lies in front of those graduates. Some of the recruiting corporations for generation control graduates are:
System Development | Technical Sales |
IT Consulting | Network Technology |
Internet Service | Cybersecurity |
Average
Salary for MBA in Technology Management
Given below are the average salaries of the top MBA Technology Management jobs in India:
Job Role | Average Annual Salary(INR) |
Computer System Analyst | Rs. 6,00,000 |
Product Manager | Rs. 12,50,000 |
Chief Technology Officer | Rs. 15,00,000 |
Analytics Manager | Rs. 10,00,000 |
Project Manager | Rs. 12,00,000 |
IT Manager | Rs. 8,00,000 |
System Manager | Rs. 7,00,000 |
The
MBA degree is like a cherry on the cake for the graduates, which will help them
to improve their working scenarios, increase in salary, and much more. It might
gain the scholar as the era will increase the call for such graduates, and this
call might in no way lower due to the unexpected transfer of international and
new technology getting into pressure every day.
Era
Control graduates have ample opportunities to work in specific areas of network
infrastructure, internet connectivity, information security, systems
development, software sales, and IT consulting. College students expand their
critical thinking skills to understand what innovation is and how important it
is in today's world. They learn to work in a coordinated manner and drive their
own improvements to improve the future.
Career
options after MBA Technology Management
Graduates
of the MBA Technology Management Program are capable of attaining appropriate
employment. Graduates can work in each of the private and non-private sectors.
It additionally presents employment possibilities within the fields of
Technology. The following are some of the employment roles available with an
MBA in Technology Management:
(i). Project
Coordinator
(ii). Senior Consultant
(iii). Program and Project Management Technology Educator
(iv). Consultant Technology Management
(v). Technology Risk Management Business Analyst
(vi). E-Commerce Operations Associate
(vii). Sales Executive
Scope
for Higher Education MBA in Technology Management
After
completion, the applicants can pick to soak up jobs or can maintain their
better studies. An extra diploma with an equal subject improves task
opportunities. The graduates can focus on particular regions inside the
subject. MBA Technology Management in Australia and MBA Technology Management
in the USA are widely available. Some higher education options are:
(i). CMA
(ii). Ph.D.
(iii). CA
(iv). CFA
(7).
FAQs
(1). What is MBA in Technology
Management course?
Ans.
MBA Technology Management is a 2-year postgraduate Technology Management
course. The path concentrates on growing enterprise global leaders who aren't
most effective and precise at handling rising technology however additionally
apprehend a way to adapt inside the group of workers to its speedy
changes. This route combines the
information of Technology with the abilities of Business Administration.
(2). What is the length of the
direction of MBA Technology Management?
Ans.
It takes at least years to finish the course.
(3). What is the common rate for the
path MBA Technology Management?
Ans.
The route rate of an MBA diploma specialized in Technology Management varies
from one college to another. The costs definitely rely upon a range of things
just as the goodwill of the institute, the location, Curriculum, rankings,
reputation, alumni status, whether or not it's a non-public or authorities
institution and plenty of different factors. Having stated the common
direction price for this program can vary everywhere from INR 5,00,000 to 25,00,000.
(4). What is the choice system for an
MBA in Technology Management?
Ans.
Only the applications, that have been finished appropriately and in full,
and that, encompass the applicable certificate and different documents, as
attachments might be considered. Candidates might be shortlisted, and people
applicants who've been decided on are required to take the doorway exam and
look for a private interview. The very last effects may be discovered after the
candidates have amassed the marks they have received in their postgraduate
test, entrance review, and personal interview.
(5). Can a student of UG second year
apply for the CAT exam?
Ans.
CAT candidates who have completed their graduation in any stream may apply for
the exam as per minimum eligibility criteria. Or candidates who are awaiting
their results in their final year of graduation can apply for the exam. And
just for the sake of a practice session, you are not qualified to apply for
CAT.
(6). Is the entrance test mandatory to
secure a seat in the MBA Program?
Ans.
Yes, it is. To secure a seat in an MBA program candidate needs to qualify for
the entrance test conducted at the national or university level. A candidate
can appear for the National entrance exam such as CAT, NMAT, XAT, MAT, CMAT,
SNAP, and more.
(7). What is the distinction between
MBA in Technology Management and an MBA in IT?
Ans.
The MBA Technology Management program prepares college students to control
studies and determine technology-associated techniques in corporations and
organizations. An MBA in IT, on the other hand, will allow you to
manipulate each IT structure and people with the aid of integrating
conventional enterprise expertise with precise publications in records
security, telecommunications, and IT assignment management.
(8). Who is an IT/Technology Manager?
Ans.
IT Managers are MBA Technology Management graduates who are at the rate of
ensuring the green and stable operation of all working systems, associated
applications, equipment, and software programs utilized through a huge variety
of public and personal zone companies. They additionally plan, manage, control,
and examine digital IT and statistics activities. They assist with the
design, development, implementation, and agency of programs, policies, and
procedures.
(9). What is the average salary scope
of graduates after doing an MBA in Technology Management?
Ans.
As a hub of many IT MNCs, India is one of the finest countries for MBA
Technology Management graduates, with numerous career prospects in cities such
as Bangalore, Chennai, Hyderabad, Pune, Noida, and Gurugram. The average compensation offered to a fresher
is INR 4,00,000-9,00,000 per annum, while applicants with 5 years of experience
or more are awarded INR 10,00,000-15,00,000 per annum.
(10). Is BBA obligatory to pursue an MBA?
Ans.
It is not mandatory to pursue a BBA before applying for an MBA. A candidate needs
to complete 3 3-year or 4-year undergraduate degree in any discipline to pursue
an MBA.
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