Technology Management Course Details - Fees, Subjects, Syllabus, Duration, Eligibility, Career Scope

What is Technology Management

Technology Management is a course offered to the students at the Masters level. It is referred to as an MBA in Technology Management. This course teaches the students about the innovations and its values, how innovation should be managed and promoted to achieve maximum profits and the benefits innovation offers.

It focuses on the development of such leaders in the business world who can manage the current technologies and also make the environment adapt to the new technologies being invented. They have to adapt quickly in this dynamic world. It’s a combination of two courses which are technology and Business Administration. On the completion of Technology Management course, students can go for M.Phil and PhD. 

Eligibility Criteria (UG & PG) of Technology Management

Each college gives a list of criteria to be met by the students. On fulfilling these criteria, the students would be granted admission to that college. Here is the list of some criteria for technology management course mentioned by colleges –

• Aspirants should have a bachelor’s degree or any other equivalent degree from a recognised university or institution.

•  Aspirants should have scored at least 60% marks.

• In the case of SC/ST students, a 5% relaxation is offered to them.

• Aspirants should also possess good communication as well as writing skills; they should have the ability to express themselves both verbally and in writing.

Entrance Exams for Technology Management

The admission process for technology management course is usually done with entrance exams. On qualifying for the entrance exams, the students would have to appear for personal interviews at their college/institute of choice. Here is the list of some entrance exams conducted for Technology Management–

CAT (Common Admission Test)- Conducted for graduate management program admission. It’s a gateway to seek admission into the famous 20 IIMs in India and many other colleges. It is conducted once a year for 3 hours. The paper is divided into three sections comprising Verbal Ability and Reading Comprehension, Data Interpretation and Logical Reasoning and Quantitative Ability.

MAT (Management Aptitude Test)- It is an examination which screens students who apply for MBA and other programs. Conducted by the Ministry of HRD, Government of India on a national level basis. It is conducted four times a year for two and a half hours. The paper comprises 200 multiple choice questions which are divided into five sections comprising Language Comprehension, Indian and Global Environment, Intelligence and Critical Reasoning, Data Analysis and Sufficiency, and Mathematical Skills.

XAT (Xavier’s Aptitude Test)- It is a national level examination conducted on behalf of Xavier Association of Management Institutes. This exam offers admission to various Xavier’s institutes all over India. The paper is 3 hours long, with over 100 multiple choice questions comprising the following four sections General knowledge, Decision making, Quantitative Ability and Data Interpretation and Verbal and Logical Ability.

NMAT – It is conducted by the Graduate Management Aptitude Council. The MBA program of various colleges accepts this score. This exam is 2 hours long with 108 multiple choice questions consisting of three sections Quantitative Aptitude, English language and Reasoning.

CMAT (Common Management Admission Test)-  It is a national level exam conducted online by The National Testing Agency. It is conducted once a year with many institutes accepting this score. The paper is 3 hours long, with 100 multiple choice questions comprising four sections. Logical Reasoning, general awareness, English and Quantitative Aptitude.

Required Skillset for Technology Management

All the managers of Technology Management need to have a few skills for excelling in their corporate world. A few of the required skills have been mentioned below –

• Critical Thinking – Managers have to use logic and reasoning to precisely locate the strengths and weaknesses of problems and their solutions and conclusions.

• Active Listening – Managers have to keep all ears to the other people when they are speaking, note down points of their colleagues which would help them in future.

• Speaking – Speak politely and clearly to convey the information.

• Coordination – The team members should work in coordination with each other to complete the tasks as soon as possible and in an effective manner.

• Problem Solving Skills – The perfect skill of identifying the problems and reviewing the related information.