MBA in Technology Management: Top Colleges, Salary, Scope

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MBA in Technology Management

The world is moving at a rapid pace toward technological advancements, and the need for individuals with expertise in technology management is increasing. In today’s highly competitive market, businesses require individuals who possess both managerial and technical skills. An MBA in Technology Management offers a perfect blend of both these skill sets. It not only provides students with a strong foundation in management but also equips them with the technical expertise required to manage and innovate technological processes.

Course Level  Post Graduation 
Course Type  Degree
Course Duration  2 Year 
Eligibility  Bachelors with at least 55 % 
Admission Process Metrit-Based/ Entrance Exam
Examination Type  Semester wise 

What is MBA in Technology Management?

MBA in Technology Management is a specialized program that combines managerial skills with technical knowledge to prepare students for leadership roles in the technology industry. The program focuses on developing skills such as strategic planning, project management, data analysis, innovation, and supply chain management in the context of technology-based organizations.

Why Study MBA in Technology Management?

There are several reasons why pursuing this course can be a wise choice for individuals who are interested in the intersection of technology and business. Here are some of the key benefits:

  • An MBA in Technology Management equips students with the skills and knowledge required to succeed in this high-demand field.
  • Graduates of an MBA in Technology Management program can pursue a wide range of career opportunities in industries such as software development, IT consulting, telecommunications, and e-commerce. They can work in roles such as project manager, technology consultant, business analyst, product manager, or IT director.
  • An MBA in Technology Management provides a unique blend of managerial and technical skills that can be applied to a variety of industries. 
  • An MBA in Technology Management provides opportunities to network with industry experts and professionals.

Must Read: MBA in HR

Several reputed colleges and universities offer an MBA in Technology Management. Here are some of the lists of top colleges 

  • Amity University 
  • Chandigarh University
  • Osmania University 
  • Narsee Monjee Institute  
  • Chitkara University 
  • Birla Institute of Technology  

Several reputed colleges and universities offer an MBA in Technology Management. Here are some of the top colleges that you can consider:

Universities  Colleges  Qs Ranking 2023 
Massachusetts Institute of Technology (MIT) Sloan School of Management 1
Carnegie Mellon University Tepper School of Business 52
New York University (NYU) Stern School of Business 39
University of Michigan Ross School of Business 25
University of California Haas School of Business 44

Year-Wise Syllabus 

Semester I Semester II
Foundation in Technology Management Technology Forecasting and Assessment 
Technology Creative and Innovation Technology Transfer Management 
Information Technology For Business Technology Project, Appraisal, and Evaluation
Organizational Behaviour and Interpersonal Skills Business Research Method 
Principle of Marketing  Ecoolomic Legal Environment 
Accounting For Management  Financial Management 
Lab Project I
Semester III Semester IV
Production and Operational Management  Strategic Management of Technology 
International Business and Strategic Alliance  Supply Chain Management 
Leadership and Change Management  Performance Appraisal and Counselling 
Organizational Development and Team Work  Industrial Relation and Labour Law 
Lab Project II

Must Read: MBA in Finance

Skills Required

These are the skills required to pursue MBA in technology management:

  • Good Communication skills
  • Critical Thinking
  • Leadership Quality
  • Critical Thinking
  • Conflict Management

Eligibility 

To be eligible for an MBA in Technology Management, you need to have a bachelor’s degree from a recognized university with a minimum GPA of 3.0. Additionally, you will also be required to take the GMAT or GRE exam, and most colleges also require you to have at least 2-3 years of work experience in a relevant field.

English Proficiency 

Tests Scores 
IELTS  Overall 6.5 Band
TOEFL  91 Above
PTE 57 Above 
Duolingo  110 Above

Admission Process

The admission process for an MBA in Technology Management typically involves the following steps:

In India 

  • Fill out the application form and pay the application fee
  • Submit your academic transcripts and resume
  • Take the GMAT or GRE exam and submit your scores
  • Write a statement of purpose and provide letters of recommendation
  • Attend an interview (in some cases)

In Abroad

Here are some steps on how we help students for their smooth study abroad journey:

  • We are at Leverage Edu to help students with good universities option 
  • As we have country experts so, we will guide students so that he/she can get a proper idea about the country and courses
  • We believe in tech so we are using software, with the help of technology we will find a suitable university as per your budget, and requirement
  • We will also help students with varieties of services including SOP, LOR writing, VISA interview Preparation, and many more 

Documents Required

Career Scope 

An MBA in Technology Management offers a broad range of career opportunities. Graduates can work in several industries, such as finance, healthcare, e-commerce, telecommunications, and technology. Some of the popular job roles that an individual can pursue after completing an MBA in Technology Management include:

Salary and Job Prospects

The salary for an MBA in Technology Management can vary based on several factors, such as the industry, job profile, location, and experience. However, on average, an individual with an MBA in Technology Management can earn a starting salary of around $80,000 (INR 65.99 Lakh) to $100,000 (INR 82.48 Lakh) per annum. With experience, this can increase to over $150,000 (INR 1.23 Cr)per annum.

Position  Average Salary in US$ Average Salary in INR
IT Director  $195,008 1.61 Cr 
Product Manager  $75,500 62.41 Lakh
Business Analyst  $80,685 66.69 Lakh
Operation Manager  $96,207 79.53 Lakh 

Must Read – MBA in Marketing 

Top Recruiters 

  • Amazon
  • Apple 
  • BCG 
  • Google 
  • Accenture
  • Deloitte 
  • JP Morgan, etc.

FAQs

Q.1. Can I pursue an MBA in Technology Management without a technical background?

Ans: Yes, you can pursue an MBA in Technology Management even if you do not have a technical background. However, having some technical knowledge or experience can be beneficial in understanding the technical aspects of the program.

Q.2. Is work experience necessary for admission to an MBA in Technology Management program?

Ans: Yes, most colleges require applicants to have at least 2-3 years of work experience in a relevant field. This is because an MBA in Technology Management is a specialized program that is designed for individuals who have some experience in the field.

Q.3.  What are the benefits of pursuing an MBA in Technology Management?

Ans: Pursuing an MBA in Technology Management can provide several benefits, such as:
-A combination of managerial and technical skills that can be applied to a variety of industries.
-Higher earning potential compared to other management programs.
-Opportunities to work in a dynamic and fast-paced environment.
-Chance to work with cutting-edge technologies and innovative ideas.
-Opportunities to network with industry experts and professionals

Hope this blog gives you a clear understanding of the course in order to pursue MBA in Technology Management, for more assistance gets in touch with experts at Leverage Edu, our study abroad experts will guide you through the entire process. Call us on 1800 57 2000 for a free counselling session

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