MBA in Technology Management: Colleges, Salary, Scope, Fees, Syllabus

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 % of Marks
Admission Process	Merit-based/Entrance Exam
Examination Type	Semester-wise

What is MBA in Technology Management?

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

Must Read: MBA in HR

Popular Colleges for MBA in Technology Management in India

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  

Popular Colleges for MBA in Technology Management Abroad

Several reputed colleges and universities offer an MBA 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

MBA in Technology Management Fees 

Pursuing an MBA Technology Management can open several lucrative paths in your career. As the course provides scope to earn a good amount, the fees for the same at some of the best colleges may be very high. However, students must stay relaxed as there are many other alternatives that offer very good quality education at affordable fees. Below we have mentioned the average fees for MBA Technology Management in India and abroad. 

MBA Technology Management Fees in India

The average total fee for MBA in Technology Management in Indian universities is ~INR 4.0 lakhs. Below we have also tabulated the fees in several good universities in India for the said course:

Universities	NIRF Ranking (2023)	Average Fees – for 2 Years (INR)
Indian Institute of Management, Ahmedabad	#1	23 lakhs
Narsee Monjee Institute of Management Studies (NMIMS)	#21	9 lakhs
Amity University Noida	#28	6 lakhs (Non-sponsored)
Anna University	#49	85,000
XLRI-Xavier School of Management	#9	–

MBA Technology Management Fees Abroad

The average total fee for MBA in Technology Management in universities abroad is ~INR 40-45 lakhs. Below we have also tabulated the fees in several good universities in India for the said course:

Universities	QS World University Ranking (2023)	Average Total Fees (INR)
INSEAD	#251-300	90 lakhs
Stanford University	#5	75 lakhs
Technical University of Munich	#37	50,000
University College London	#8	85 lakhs
University of Bath	#148	45 lakhs

Year-Wise Syllabus for MBA Technology Management 

The syllabus for MBA Technology Management per year, per semester is given below:

Year 1 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

Year 2 Syllabus

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 for MBA in Technology Management

These are the skills required to pursue MBA technology management:

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

Eligibility Criteria for MBA in Technology Management

To be eligible for an MBA 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 for MBA Technology Management

The admission process for an MBA 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

• SOP
• LOR
• Resume
• Academic Transcript
• Passport
• Passport size photograph

MBA Entrance Exams to Study in India and Abroad

To reserve your seat in the best MBA colleges in India and abroad, you are going to have to prove your mettle. For the same, you will have to qualify for some exams, listed below:

Entrance Exams to Study MBA in India

Following are the exams, that one may take to be eligible for admission to the top B-schools in India. 

1. CAT
2. XAT
3. MAT
4. CMAT
5. NMAT
6. KMAT
7. B-MAT

Entrance Exams to Study MBA Abroad

Following are the exams, that one may take to be eligible for admission to the top B-schools abroad. 

1. English Proficiency Tests
2. GMAT
3. GRE
4. University-based Entrance Exams

Tips to Prepare for the MBA Entrance Exams

The most tried and tested tips and tricks to ace the MBA exams are given below:

1. Prepare a Timetable: Create a table that lists some specific deadlines to cover the most important topics of your entrance exam’s syllabus.
2. Never miss a deadline: Make sure to never miss any self-claimed deadline so that you get ample time to revise the topics later. 
3. Practice on previous year’s exam papers.
4. If possible, take some mock tests. They will let you have a clear understanding of the exam pattern in real-time. 
5. Time Management: Try to increase your speed in answering the MCQs so that you will save enough time for the subjective part of the exam.  
6. Mind the Weightage: Prepare for the syllabus in a manner that you cover the topics with high weightage first. This is because, if you get left out on preparing some topics in the future, those will be the ones having a low weightage of marks in the examination. 

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:

• Chief Information Officer (CIO)
• IT Director
• Product Manager
• Business Analyst
• Project Manager
• Operations Manager
• Consultant

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

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