Total Fees | ₹1.6 Lakhs |
Master of Business Administration (MBA) with specialization in Information Technology is a two year post graduate program in management. Candidates having bachelor’s degree in any stream can opt for it. MBA IT is available in most of the B Schools of India.
IT is one of the most sought after courses in MBA. MBA IT graduates can find jobs in IT industries, Banking and Finance Sectors, and all other sectors related IT Management. As we all know in current scenario IT sector is the fastest growing. MBA IT graduates are highly in demand in all the sectors whether it is public or private.
Various Institutes offer MBA in IT and the admission is done on the basis of entrance exams, followed by GD and PI. Some of these entrance exams are
Master of Business Administration (MBA) in information Technology is considerably new course that has gained popularity in very less time. An MBA in IT focuses more on the business and management side of the IT field. Candidates having IT background may find some benefits for them in this course but the IT part is very basic and any other graduates won’t find any difficulty in it. The basic objective of the course is to integrate the growing demand of information technology with business management.
Course Name |
MBA-IT |
---|---|
Duration |
2 years (4 semesters or 6 trimesters) |
Eligibility |
Graduation in any discipline |
Admission Process |
Entrance test +GD+PI |
Top Entrance Exams |
CAT, XAT, NMAT, CMAT, SNAP, MAT etc. |
Course Fee |
Varies from INR 4 to 20 Lakh |
Average Salary after the course |
5 Lakh INR |
Top Recruiting companies |
Google, Amazon, Microsoft, Facebook, Accenture, IBM etc. |
IT has become increasingly ingrained across industries and business functions. All of tech startups or IT based companies look for an MBA in IT graduate. Hence, MBA in IT has truly firmed its place among various MBA specializations.
There are some specializations that are either closely related to an MBA in IT, or available as a concentration area within it. Here are some examples:
Students who wish to pursue further studies in Business Administration, Fellow Programme in Management or FPM is a lucrative option. FPM is a doctoral program offered by top management institutes. Students who opt for full-time Residential Fellow Program are awarded monthly grants which range from 30,000 INR to 100,000 INR per month. FPM Programs are available at institutes like IIMs, XLRI, ISB, MDI etc.
Name | Location | Average Course Fee |
Faculty of Management Studies | New Delhi | 10,000 |
ICFAI Business School | Hyderabad | 6,25,000 |
Jamnalal Bajaj Institute of Management Studies | Mumbai | 3,00,000 |
Cochin University of Science and Technology | Kochin | 26,600 |
SRM Business School | Lucknow | -- |
Malaviya National Institute of Technology | Jaipur | 1,07,000 |
GIBS Business School | Bangalore | 2,55,000 |
Manav Rachna International University | Faridabad | 2,50,000 |
Lovely Professional University | Jalandhar | 99,000 |
Axis Business School | Kanpur | 1,00,000 |
KIIT School of Management | Bhubhaneswar | 4,53,000 |
Birla Institute of Technology | Ranchi | 2,27,000 |
Students must have a bachelor’s degree in any stream for admission in MBA Information Technology course at top B Schools.
They should have cleared any one entrance test accepted by various colleges and should also have minimum of 45% to 55% in their bachelors for admission in the same.
Admission in MBA IT is done via two modes- either through an entrance exam or direct admission which is based on merit basis or management quota basis. The top schools of India mostly use some entrance test’s score to provide admission.
Entrance Test |
B Schools that Accept Score |
---|---|
CAT |
IIMs, Most of the top league b schools |
MAT |
Institutes under AIMA |
XAT |
XLRI and other associated B schools |
CMAT |
B schools approved by AICTE |
SNAP |
Symbiosis International University & its associates |
NMAT |
NMIMS all campuses |
B schools that accept some entrance test score; have somewhat common selection process which includes performance in test, academic performance, GD/PI/WAT, and work experience.
Following is general weightage given to these criteria by mostly institutes-
Criterion |
Weightage |
---|---|
Entrance Test |
60-70% |
GD/PI/WAT |
5-10% |
Academic Performance |
10-15% |
Work Experience |
5-10% |
Above mentioned criteria is generalized and it may differ from college to college.
The basic course structure is same for all the MBA courses. In first year of the course all the essentials of all the specializations is taught like- finance, marketing, human resource, operations etc. From second year you will have the choices for subjects of your specialized course. Method of education includes Lectures, Classroom Discussions, Individual and Group Projects, Paper Submissions, Case Studies, Quizzes, Internships – Industrial visits etc.
The basic course structure for an MBA program is as following-
MBA with specialization in IT has enormous scope in current business world. MBA in Information Technology Management is a combination of two very dynamic aspects of any business: management expertise & information technology. Almost every national and international company of repute is always looking for competent and qualified professionals to help them cope with the dynamic business environment. MBA IT graduates can find jobs in both private and public sectors.
IT management is a broad term which encompasses various aspects of technology related activities. A MBA-IT graduate can chart his career in any of the following fields within IT management:
MBA in IT professionals can also find career opportunities in Defense, Space agencies and also in Automobile sector.
Government sector also provides platform for MBA IT professionals to build up a career by offering various career opportunities in several under takings. Following are some of such public sector undertakings:
There are varied profiles available for MBA graduates in IT sector. When someone has done MBA with IT specialization the probability of getting a good profile in management increases. MBA IT graduates can play any role at management level. Following job profiles can be offered to MBA IT graduates-
Job Profile | Job Description | Average Salary (in INR) |
CTOs (Chief Technology Officers) |
CTOs job is to identify opportunities and risks for the business. They also have to manage research and development (R&D) department, communicate the company's technology strategy to partners, management, investors and employees.CTOs job is to identify opportunities and risks for the business. They also have to manage research and development (R&D) department, communicate the company's technology strategy to partners, management, investors and employees. |
2,459,470 |
CIOs (Chief Information Officers) |
Chief information officer (CIO) is a a job profile of senior executive in an enterprise who is responsible for the information technology and computer systems that support enterprise goals. |
4,945,914 |
Information Technology Directors |
An IT director is responsible for the management, strategy and execution of IT infrastructure for an organization. They also have the responsibility to Oversee technical projects in alignment with organizational goals. |
1,743,024 |
Information System Managers |
Information System Managers manage the work of other IT professionals, like computer engineers, systems analysts, data security specialists and computer support specialists. |
3,60,535 ? |
Project Manager -IT Software |
Project Manager’s job is to plan, budget, oversee and document all aspects of the specific project. They may work closely with upper management to make sure that the scope and direction of each project is on schedule, as well as other departments for support. |
2,00,000 |
Program Manager |
Program Manager provide strategic guidance to teams and project managers in ways that promote the company's culture. They also oversee the progress of operations and develop efficient strategies and tactics. |
2,115,352 |
Corporate Strategy Manager |
Corporate Strategy Manager is responsible for planning and directing an organization's strategic and long-range goals. They have the responsibility to conducts organizational reviews to identify strengths and weaknesses and to evaluate operational effectiveness. |
1,000,000 |
Following are some top recruiting NATIONAL companies for MBA IT Graduates-
MBA in IT professionals are of great demand abroad as well. The most popular international firms offering placement for these graduates include the following:
Salary offered to an MBA graduate is the most important aspect that is discussed. Salary package mostly depends on various factors such as- B school from which degree is completed, recruiting company and offered profile. Following are the salary distribution:
Salary package of MBA graduates depends very much on profile they are working. Salary of a CTO in some software company is way higher than any other project manager or Business Analyst. Following chart shows profile wise salary distribution of MBA IT graduates-
IT Industries are the best option for MBA IT graduates as they have IT background which helps them utilizing their IT skills in management. Hence software companies also pay very good package to MBA graduates. Apart from IT industries, banking and finance, FMCG companies pay a good package to the MBA graduates. Average salary of a manager in an IT company can go up to 12 LPA.
Following graph shows the industry wise salary distribution of MBA IT graduates –
Aspirants seeking admission to 2 years Full-time MBA Program should meet the following criteria as specified by the institute.
Academic Requirement:
Candidate must have a Bachelor’s Degree in relevant stream from any recognized university.
Magadh University | |
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Reviews Rating | |
Cost To Study | Total Fees ₹160000 (2 Years ) |
Ranking | - |
General Course Details | Duration - 2 Years Course Offered - Full Time Mode - Full Time Degree Type - On Campus Course Level - Post Graduation Course Credential - Degree |
Eligibility | Graduation |
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