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What is an MBA in Technology?

The technology MBA concentration is for students with a passion for innovation. Careers for this degree can range from corporate development positions to product marketing and finance jobs, but the tech industry is where most graduates with this degree thrive. The field is growing faster than average due to the increasing demand for mobile computing. An online MBA in technology prepares students to take on business leadership roles and develop and use technology to improve and track performance.

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Director-level positions commonly require an MBA and frequently come with salaries that are about 25% higher than most bachelor’s degree entry-level positions.

A technology degree can open up the door to many careers. A common position held by graduates with a bachelor’s in technology management is as an operations manager. Other careers for a technology MBA online degree are often in upper management. Director-level positions commonly require an MBA and frequently come with salaries that are about 25% higher than most bachelor’s degree entry-level positions.

Comparison of Technology Master’s Degrees

Online master’s technology programs offer a variety of specializations that can tailor your education for a specific career. An MBA in technology is the most versatile option because of its broad business and technology-focused education that can be applied to upper management careers.

Degree Description Average Salary (1-4 years experience) Length
Master of Science (MS), Instructional Design & Technology A master’s in instructional design and technology is geared toward aspiring software engineers and developers interested in jobs in academia or the military. The learned skills are meant to teach students to design training programs and teaching curriculums utilizing the latest technology. $56,000 2 Years
Master’s Degree, Software Engineering The master’s degree in software engineering is designed for students with undergraduate degrees in computer science or engineering. Most programs include software analysis, architecture, system verification, and data storage courses that provide students with the tools, techniques, and methodologies needed to develop software products and services for industry, government, and the private sector. $60,000 2 Years
Master’s of Business Administration (MBA) in Technology Online MBA in technology programs often attract global thinkers with professional work experience who are looking to create a new start-up company of their own or modernize an existing business. Students can expect to learn management, finance, accounting, and economic principles. The degree emphasizes the business and leadership skills needed to advance a company and keep it moving forward in the constantly changing tech industry. $71,000 2 Years

The skills developed in an online MBA in technology program will be similar to those developed through a traditional MBA program with the addition of some industry-specific knowledge, such as supply chain management or internet marketing. The exact courses will depend on the school, but all will prepare you for a leadership position in a tech-oriented market. The table below highlights a few typical subjects found in many technology MBA online programs.

Course Competencies Developed Occupational Skill Level
Software Development Management Provides knowledge of the software development cycle and teaches students which processes and tools to use for each stage. It also provides collaboration and project management skills. TITLE: Chief Information Officer

SALARY: growth of 6%

Information Technology Infrastructure Library (ITIL) Students learn how to match IT services to the needs of a business through all stages of business development, from strategy design to implementation and improvement of products and services. TITLE: Director of Information Technology

SALARY: growth of 20%

System Administration Students acquire knowledge of host and network management and security best practices and methods. They obtain the ability to install and configure network-based services. TITLE: IT Specialist

SALARY: growth of 4%

Graduates with an online MBA in technology often find management-level positions in a wide range of industries that put them in charge of a business’ information technology needs. A few common positions are described in the table below.

Information Technology Director Median Salary: $113,814
  • Small to large corporate offices in most industries
Information technology directors oversee IT strategy and the technical operation of an organization’s servers and network systems. They also manage the company’s security, software, and hardware needs.
Infrastructure Director Median Salary: $139,757
  • Aerospace
  • Biotech
  • Telecom
  • Software
Infrastructure directors design and implement a business’ information systems and oversee the maintenance and development of its computing and IT environment.
Chief Information Officer Median Salary: $151,271
  • Academia
  • Government
  • Industry
  • Private and nonprofit organizations
Chief information officers are executive-level leaders who establish an organization’s overall IT strategy, policy, and standards. They oversee IT directors and infrastructure managers to achieve a business’ enterprise goals.
School Location Cost Toggle Logo Tuition % Receiving Financial Aid Student Population School Type Description

Capitol Technology University

Location Laurel, MD Tuition Tuition $21,060 % Receiving Financial Aid 47% Student Population 804 School Type Private
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Carnegie Mellon University

Location Pittsburgh, PA Tuition Tuition $115,000 % Receiving Financial Aid 38% Student Population 12,963 School Type Private
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City University of Seattle

Location Seattle, WA Tuition Tuition $33,024 % Receiving Financial Aid 50% Student Population 2,347 School Type Private
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Excelsior College

Location Albany, NY Tuition Tuition $23,220 % Receiving Financial Aid 8% Student Population 43,123 School Type Private
Concentrations
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Missouri University of Science and Technology

Location Rolla, MO Tuition Tuition $43,200 % Receiving Financial Aid 52% Student Population 8,886 School Type Public
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Northeastern University

Location Boston, MA Tuition Tuition $78,000 % Receiving Financial Aid 44% Student Population 19,940 School Type Private
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SUNY Polytechnic Institute

Location Utica, NY Tuition Tuition $29,424 % Receiving Financial Aid 57% Student Population 2,779 School Type Public
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University of Colorado Denver/Anschutz Medical Campus

Location Denver, CO Tuition Tuition $29,808 % Receiving Financial Aid 36% Student Population 23,671 School Type Public
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University of Houston - Clear Lake

Location Houston, TX Tuition Tuition $20,844 % Receiving Financial Aid 39% Student Population 8,906 School Type Public
Concentrations
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If you’ve decided that an MBA in technology is right for you, then it is time to start narrowing down the list of schools you are interested in. Here are a few tips and tricks to help you through this process.

  • Search for schools in your area

    Even though you are looking for online programs, it can be helpful to choose a school that is within a 100 mile radius of your home. Online students often report that they enjoy having the ability to visit campus if they want to. In addition, schools often partner with local businesses, meaning a school in your area will have a better chance of helping you find a job close to home.

  • Compare student outcomes data

    Many schools will readily provide this information on their website; however, if you can’t find it, be sure to contact the school and ask for it. This data should include graduation rates, employment rates, and the compensation levels of recent graduates. When looked at side-by-side, this information can give you an easy glimpse of program quality.

  • Estimate the expected costs of your programs

    Prospective students often underestimate the total cost of their program. Make sure you calculate the total number of credit hours you will need to graduate, and multiply that by cost per credit hour. Do not forget to include the cost of supplies, internet, and time you will spend not earning an income. Additionally, compare financial aid options, different schools may offer better financial aid packages and/or scholarships that can offset the cost of education.

  • Check that classes will fit in with your schedule

    One of the central benefits of online education is flexibility. However, some programs will require set meeting times, synchronous workshops, and mandatory campus visits. Be sure that you are aware of all time commitments and that they will fit into your current schedule.

  • Make sure the program is accredited

    Accreditation is the formal review process that ensures a school is offering a reputable program that adheres to minimum academic standards. The Association to Advance Collegiate Schools of Business is the national agency that accredits for undergraduate, master’s, and doctoral programs in business and accounting. By checking a program’s status with the AACSB, you can be confident you are receiving a recognized, quality degree. Employers generally will not hire candidates who possess a degree from a school that is not accredited, and schools will not accept academic credentials from an unaccredited program.

  • Talk to current students and/or recent alumni

    One of the best resources when it comes to making a final decision on an online MBA in Technology program is actual students and graduates. They can give you an unbiased, real-world take on how the program has served them, what they have liked, and what they have disliked. Ask an admissions counselor to put you in touch with a current student or recent alumni. Alternatively, use LinkedIn or Facebook to find and reach out to people.

There are many scholarships available that are specific to information technology and for pursuing an MBA. Scholarships are also awarded based on a student’s gender, ethnic background, and geographical region. Scholarship amounts range from $500 to $10,000, with the average award being around $2,000. The following is a sample of scholarships available to students pursuing a technology master’s degree: