The growing digitisation of workplaces and the greater adoption of technologies such as Artificial Intelligence (AI), data sciences, industrial automation and robotics have spurred a robust demand for IT professionals. The IT industry requires many trained professionals with the skills and competencies to lead enterprise-level tech initiatives. How can an MBA in Information Technology And Systems Management aid this growth? Keep reading.
Scope
The scope of IT has expanded beyond basic computer systems to include the latest technologies. IT professionals are now expected to have a strong IT background and a foundation in managerial skills. With an emphasis on data-driven operations and decision-making, IT professionals with competencies in data centre management and data analytics will be at a distinct advantage.
According to a Statista report, India’s Information Technology – Business Process Management (IT-BPM) industry employs over 4.8 million people. The IT-BPM sector accounts for over 30% of the global outsourced BPM market. FY22 has been a spectacular year for the Indian IT industry, registering a 15.5% growth and reaching $227 billion in revenue, as per a NASSCOM report.
An MBA in Information Technology can be an invaluable asset in building a solid resume, a rewarding career and making career shifts. A program like this prepares students through a curriculum that imparts practical, real-world knowledge and skills. It equips graduates with managerial skills and leadership attributes for middle- and senior-level positions in the IT industry.
In FY 2022, the IT industry’s contribution to India’s GDP stood at 7.4%. The market size of the Indian IT-BPM market in FY 2022 is estimated to be US$177 billion. As per industry projections, the Indian IT sector is expected to witness robust and sustained growth in the future, too.
Career Options
Technology is constantly evolving and finding ever-increasing use cases for addressing business problems and driving growth through innovation. This has led to the rise of many career paths to help organisations leverage technologies to deliver superior organisational performance.
A few career options for IT professionals include:
- Information Security Manager
- IT Project Manager
- Computer and Information Research Scientist
- Computer and Information Systems Manager
- Network Administrator
- Software Programmer
- Data Architect
Salary Outlook
As per Payscale, an IT manager in India earns, on average, a salary of ₹13,95,031 per annum. The mean salary is approximate ₹12,50,000, and the highest can go up to ₹30,00,000.
The industry offers attractive salaries, although the salary varies widely depending on factors such as location, firm size, length of experience, industry norms and quality of education.
Given the strong future outlook for the IT industry, salaries in the sector will only witness positive growth. There might be periodic lows due to frequent industry fluctuations, but the trajectory will be upward.
Conclusion
A Master’s in Information Technology and Systems Management equips you to capitalise on emerging and future opportunities. Leading IT firms in India and abroad look to recruit employees with specialised training who can deliver on the job with minimal additional training. A specialised post-graduate degree will position you at an advantage over the competition.
An MBA program covers all the skills and knowledge areas sought by IT Professionals who wish to move to managerial roles. The program also includes practical training through projects and case studies, making the program more attuned to industry needs. Consider pursuing a Distance MBA from NMIMS Global focusing on Information Technology and Systems Management.
