MBA (Technology Management) Course at Alagappa University, Karaikudi

(1). About the MBA in Technology Management

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:

(i). MBA Technology Management applicants get positioned in numerous technical fields which include Network Infrastructure, Internet Connectivity, Information Security, System Development, Software Sales, and IT Consultancy.

(ii). While pursuing an MBA in Technology Management, a pupil no longer knows the fee of innovation but also learns how to coordinate and promote the innovation to maximize its effect.

(iii). It seeks to train college students in a way to expand their consciousness via diverse technology and give attention to creativity as a management resource.

(iv). The maximum income for even MBA Technology Management freshers can pass as excessive as INR 30,00,000, depending on the knowledge and understanding of the candidates.

(v). The call for generation will in no way decrease, and hence, the MBA Technology Management route will usually be in-call for.

(vi). Many college students are afflicted by imposter syndrome and the feeling that they may be unprepared for his or her first full-time task following graduation. Regardless of the cause, it may be hard for graduates to use for jobs after they lack self-belief in their capabilities and abilities. By pursuing an MBA Technology Management degree, applicants no longer benefit from tough talents associated with the era along with data evaluation and threat calculation, however in addition they increase gentle abilities including time management, communication, leadership, and strategic thinking. These crucial skills will assist them to construct self-belief inside the administrative center and succeed.

(2). Admission Process for MBA in Technology Management

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.

(i). Candidates ought to have a Bachelor's course in an applicable discipline of look at or an equal qualification from a diagnosed organization or university.

(ii). For this program, a mixture of at least 50% marks or equal grade B at the UGC 7-factor scale in commencement is necessary.

(iii). Colleges and universities additionally pick college students primarily based totally on their overall performance on front exams (like CAT, CMAT, NMAT, MAT, XAT, SNAP, etc.), non-public interviews, and institution discussions.

Admission Process for MBA in Technology Management

(i). Candidates will be selected on the basis of their marks in the entrance exam and academic degree

(ii). Candidates may check the official website of the college to know the entrance exams accepted by the college.

(iii). Some of the entrance exams conducted for admission to the MBA in Technology Management are GMAT, XAT, CAT, and NMAT.

(iv). Selected candidates may visit the college to confirm their admission.

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

(4). Top Colleges for MBA in Technology Management

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

(5). Job & Placements for MBA in Technology Management

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

(6). Career/Scope for MBA in Technology Management

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.