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MBA Technology Management: Colleges, Eligibility, Admission 2024, Entrance Exams, Syllabus, Jobs

MBA Technology Management: Colleges, Eligibility, Admission 2024, Entrance Exams, Syllabus, Jobs

Edited By Nikhil Verma | Updated on Nov 19, 2023 08:30 PM IST

What is MBA Technology Management?

MBA in Technology Management is a two-year long course at the postgraduate level that provides specialised knowledge of business and technology-related subjects. The MBA in Technology Management curriculum is structured into four semesters, each of which includes core, elective, optional, and skill-enhanced subjects. The core subjects taught during the technology management course at the postgraduate level are similar to those taught in other MBA specialisations, encompassing areas such as managerial economics, accounting, marketing, statistics, and financial management.

During the final year of MBA Technology Management, candidates are provided with more technology-related knowledge including digital marketing, IoT, blockchain, AI, and robotics. Candidates can pursue MBA Technology Management courses in online, distance, part-time, and full-time modes, making it suitable for both regular students and working professionals. In this article, we will discuss the benefits, career prospects, salary potential, fees, and scope of an MBA in Technology Management.

Highlights - MBA Technology Management

Particulars

Values

Degree Name

MBA Technology Management

Degree Type

Postgraduate

Degree Duration

2 years

Entrance Exams

CAT, CMAT, GMAT, MAT, NMAT

Eligibility Criteria

Bachelor’s degree

Admission process

Entrance test

Fees for the entire duration

Rs. 56,150 to Rs. 12 lakhs

Average Salary

Rs. 12.22 LPA

Job profiles

Chief Technology Officer, IT Manager, CRM Technology Consultant, Business Analyst, Business Intelligence Manager

Top recruiters

IBM, Amazon, Ernst & Young (EY), KPMG, Bank of America, Boston Consulting Group (BCG), JPMorgan Chase & Co.

MBA Technology Management Eligibility Criteria

MBA in Technology Management eligibility criteria can vary between colleges. The educational requirements are also different for reserved, sponsored, and non-sponsored seats. The governing body of each institution and its affiliations reserve the right to modify MBA Technology Management eligibility criteria. Most government colleges typically require candidates to hold a bachelor's degree with a minimum specified percentage and pass an entrance examination.

Private colleges may have different educational requirements and admission procedures. The educational requirements also differ for reserved, sponsored, and non-sponsored seats. In this article, we have provided the MBA Technology Management eligibility criteria taken into account by most business schools in India.

  • Candidates need to have a bachelor’s degree in any discipline from a recognised university.

  • They need to score at least 50 per cent marks in their respective degrees.

  • Candidates are required to appear and pass the relevant entrance examination.

  • They need to have work experience of more than one year (not always applicable).

  • There will be a concession of five per cent marks for the minimum required marks for reserved category candidates.

Popular Management Colleges in India

MBA Technology Management Admission Procedure

Every college has its MBA Technology Management admission procedure, which can be found on the official websites of colleges offering these programmes. Annually, many colleges release notifications for MBA Technology Management admissions, providing relevant information. Each college has a fixed seat capacity, and admissions to MBA Technology Management courses are based on the availability of these seats.

MBA Technology Management admission to government-funded colleges may also be influenced by the category of candidates, whereas reservation has no impact on admissions to private colleges. The MBA Technology Management admission procedure generally includes passing an entrance test and seat allotment based on the scorecard of the entrance exam. Below, we have listed the MBA Technology Management admission process followed by top management colleges in India.

  • Candidates need to meet the eligibility criteria first.

  • They must successfully pass specific entrance exams like the CAT, CMAT, GMAT, MAT, NMAT, or other state and university-level exams.

  • Upon meeting the cutoff criteria, they can proceed to complete the online counselling process.

  • There may be a personal interview as well, depending on the process at college.

  • Candidates are chosen based on their entrance exam scorecards and their performance in personal interviews or group discussions, if applicable.

  • They need to submit valid documents and pay the course fee to finalise the admission process.

Top MBA Technology Management Entrance Exams

Annually, many entrance examinations are organised by various bodies and organisations at the state, university, and national levels. These MBA Technology Management entrance exams are crucial in gaining admission to esteemed business schools in India. Detailed information on these MBA Technology Management examinations is provided below.

CAT: The Common Admission Test (CAT) is a prestigious computer-based MBA entrance exam that grants access to top institutions in India, such as IIMs and other leading business schools. CAT attracts over two lakh applications annually, signifying its high level of competitiveness


MAT: MAT, the Management Aptitude Test, is a nationally level entrance exam whose results are accepted by numerous management institutions and business schools in India. MAT is conducted several times a year, typically in February, May, September, and December.


CMAT: The Common Management Admission Test (CMAT) is a national-level entrance examination in India conducted by the National Testing Agency (NTA). MAT is typically conducted once a year, and the scores obtained in the exam are used by management colleges to facilitate admissions.


GMAT: The GMAT (Graduate Management Admission Test) is recognised and accepted by a large number of business schools and universities worldwide. It assesses various skills, including analytical writing, integrated reasoning, quantitative reasoning, and verbal reasoning.

MBA Technology Management Cutoff for Top Colleges

The MBA Technology Management cutoff score is released annually by the respective colleges offering these courses. Most colleges recognise the cutoff scores of exams such as CAT, CMAT, GMAT, MAT, and NMAT. However, some colleges also conduct their own MBA in Technology Management entrance exams at the state or university level for admissions. The MBA in Technology Management cutoff score varies each year and is dependent on factors such as the exam's difficulty level, seat availability, and the total number of applicants.

MBA Technology Management Skills

An MBA in Technology Management curriculum necessitates specific skills for success in this field. These skills are valuable not only during coursework but also in one's professional life. In the table below, we outline the essential MBA in Technology Management skills required by students to attain a comprehensive understanding of the course.

Strategic Thinking

Entrepreneurial Thinking

Analytical Skills

Effective Communication Skills

Data Analysis and Decision-making

Leadership and Management

Technology Innovation

Financial Acumen

MBA Technology Management Syllabus/Subjects

The MBA in Technology Management syllabus may vary based on the type of enrollment, whether part-time or full-time. The specific content to be taught is determined by the affiliation of the college and can differ across institutions. However, the MBA Technology Management curriculum is typically structured into four semesters and remains consistent across various colleges. The combination of core, elective, and specialisation subjects provides a comprehensive understanding of both business and technology. In the table below, we have provided the MBA Technology Management subjects taught at Osmania University.

Semester 1

Technology Management, Creativity & Innovation

Management & Organization Behaviour

Accounting for Management

Marketing Management

Statistics for Management

Economics for Managers

Advanced Excel

-

Semester 2

Technology Forecasting & Transfer Management

Human Resource Management

Business Intelligence

Business Research Methods

Financial Management

Operations Research

Seminar Presentation *

-

Semester 3

Operations Management

Global Business Strategies

Business Analytics

Finance/HR/Marketing

Tech Elective I

Tech Elective II

Business Analytics with R programming

Research Design

Progress Seminar

-

Semester 4

Supply Chain Management

Services Marketing

International Finance

Business Process Re-engineering

Enterprise Resource Planning (ERP)

Viva Voce-II

Project Report-II

-

MBA Technology Management Fees

MBA Technology Management fees can vary based on factors such as institutional affiliations, facilities provided, and academic and placement records. The institution's location and the teaching faculty's expertise are also significant determinants influencing MBA Technology Management fees. Public institutions supported by the government generally feature lower fees compared to their private counterparts, and they also provide scholarships governed by state or central guidelines. The total MBA Technology Management fees for the entire duration fall within the range of Rs. 56,150 to Rs. 12 lakhs.

MBA in Technology Management Scope

An MBA in Technology Management provides a broad scope for professionals to excel in leadership roles, strategic technology planning, project management, and entrepreneurship. The MBA Technology Management course also offers global opportunities to further enhance career prospects. This field is highly relevant and sought after in today's dynamic and tech-driven era. After having some experience in the industry, candidates can become Chief Technology Officers (CTOs) or technology strategists, guiding organisations in using technology for growth. If candidates are more inclined towards higher studies they can also opt for a Ph.D. and become an academician or researcher.

Career Options after MBA Technology Management

With technology being a global force, there are opportunities for MBA Technology Management graduates on a national and international scale. An MBA in Technology Management opens up a wide array of career options and graduates are well-positioned for roles that require strategic thinking, leadership, and a deep understanding of how technology can drive organisational success. Here are some prominent MBA Technology Management career options:

Chief Technology Officers: Chief technology officers (CTOs) are tech leaders who manage tech teams and work with other leaders to use technology for the company's success. Their job is to keep the company's tech on track and encourage new, useful ideas.

IT Managers: IT managers are professionals responsible for overseeing technology-related activities within an organisation. They manage IT teams, ensure the smooth operation of computer systems and networks, and contribute to strategic decision-making regarding technology adoption.

CRM Technology Consultants: CRM (Customer Relationship Management) technology consultants are specialists who advise businesses on the customisation and optimisation of CRM software to enhance customer interactions and relationships. They help organisations improve customer satisfaction and achieve effective customer engagement through the use of CRM systems.

Business Analysts: Business analysts are professionals who analyse and assess an organisation's processes, systems, and structures to provide strategic recommendations for improvement. They gather and analyse data, document requirements, and work closely with stakeholders to understand business needs.

Business Intelligence Managers: Business intelligence managers lead teams in creating and maintaining data systems, ensuring accurate and accessible information. They play a key role in translating complex data into actionable insights, helping organisations make data-driven decisions to enhance performance and achieve strategic goals.

Top Recruiters

IBM

Amazon

Ernst & Young (EY)

KPMG

JPMorgan Chase & Co.

Bank of America

Boston Consulting Group (BCG)

McKinsey & Company

Benefits of Studying MBA Technology Management

MBA Technology Management benefits individuals with diverse career paths, including technology strategists, project managers, consultants, and more, across various industries and sectors. Companies really need people who understand both how to run a business and how to use technology. MBA in Technology Management graduates are highly sought after by many employers because of their expertise in the management and tech domains. Throughout the course curriculum, students actively participate in case studies, projects, and internships, equipping them with the skills and experience necessary to succeed in this dynamic tech world.

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MBA in Technology Management Salary

MBA in Technology Management salaries vary based on factors like experience, job position, company, and location. Graduates from top business schools, especially those recruited through campus placements, typically secure higher MBA Technology Management salaries. Moreover, international firms also tend to offer more lucrative packages than their Indian counterparts. The table below displays the average MBA Technology Management salary corresponding to different job roles in the field.

Job Roles

Average Salary

Chief Technology Officer

Rs. 39.73 LPA

IT Manager

Rs. 15.49 LPA

CRM Technology Consultant

Rs. 12.22 LPA

Business Analyst

Rs. 11.00 LPA

Business Intelligence Manager

Rs. 17.53 LPA

List of Top MBA Colleges in India Offering Technology Management Specialisation

Many business schools, as well as state and nationally recognised colleges, provide MBA Technology Management courses through online, part-time, and distance learning modes. In the table below, we have highlighted the top MBA Technology Management colleges known for their strong academic records, successful placement outcomes, and excellent facilities.

Top Private MBA Colleges in Technology Management in India

There are several private colleges in the list of the best MBA Technology Management colleges. While these private colleges may have higher course fees, they also provide excellent facilities to students. In the table below, we have listed the top private MBA Technology Management colleges in India.

Colleges

Fees

Amity Business School, Noida

Rs. 11.76 lakhs

Don Bosco University Centre for Online and Distance Education, Guwahati

-

Institute of Product Leadership, Bangalore

-

Sikkim Skill University, South Sikkim

-

Top Government MBA Colleges in Technology Management in India

Government-funded management institutions are renowned for their excellent academic curriculum and the exposure they provide to students. Admission to these institutions is based on entrance tests, making it a complex process to gain admission. In the table below, we have compiled a list of the top government MBA Technology Management colleges in India.

Colleges

Fees

Indian Institute of Technology Delhi

Rs. 11.70 lakhs

Osmania University, Hyderabad

Rs. 1 lakh

Alagappa University, Karaikudi

Rs. 1.02 lakhs

Centre for Distance Education, Anna University, Chennai

Rs. 56,150

Frequently Asked Questions (FAQs)

1. What does an MBA in Technology Management do?

An MBA in Technology Management oversees strategic technology planning, project management, and innovation within organisations. They also provide expert advice on technology-related matters.

2. What is the salary for an MBA in Technology Management?

The average salary for MBA Technology Management graduates is around Rs. 6 LPA to Rs. 11 LPA, depending on experience and job role.

3. Is an MBA in Technology Management worth IT?

An MBA in Technology Management provides a unique skill set, leadership opportunities, and a global perspective. It can be worth it for candidates seeking a dynamic career in business and technology-related fields.

4. Who is eligible for an MBA in Technology Management?

Candidates need a bachelor's degree in any discipline with at least 50 per cent marks. Entrance exams and, in some cases, work experience may be required.

5. What is the difference between an MBA and an MBA in Technology Management?

A General MBA offers a broad education in business whereas an MBA in Technology Management is designed for those who want to specialise in managing and utilising technology within the business context.

6. What is MBA Technology Management?

MBA in Technology Management is a two-year postgraduate course that focuses on merging business and technology knowledge. It covers technology-related subjects like digital marketing, IoT, blockchain, AI, and robotics along with business studies.

7. What is the MBA Technology Management syllabus like?

The syllabus includes subjects like technology management, creativity and innovation, business intelligence, global business strategies, business analytics, and supply chain management.

8. What is the scope of MBA Technology Management?

The scope includes leadership roles in technology planning, project management, and entrepreneurship. Graduates can become CTOs, and technology strategists, or pursue higher studies and research.

9. Can I pursue an MBA in Technology Management online or part-time?

Yes, MBA Technology Management is offered in online, part-time, full-time, and distance learning modes aimed at both regular students and working professionals.

10. What is the cutoff for MBA Technology Management at top colleges?

Cutoff scores vary yearly and depend on factors like exam difficulty, seat availability, and the number of applicants.

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