MBA in Information Technology Salary and Career Outlook

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Updated August 29, 2023 · 4 Min Read

Take your information technology career to the next level with an MBA degree. Learn more about the job outlook for IT professionals.

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MBA in information technology programs strengthen students' business acumen and tech skills. Graduates can pursue management positions in a wide variety of industries. The Bureau of Labor Statistics (BLS) projects demand for information technology positions to increase by 13% between 2020 and 2030, outpacing the national 9% average for all occupations. On this page, readers can learn more about MBA in information technology careers, including details about the degree, job possibilities, salary potential, and professional organizations.

What Is an MBA in Information Technology?

An online MBA in information technology hones leadership and technology skills, helping prepare students for managerial positions within organizations. Additionally, employers may prefer their executives to hold a master's degree. An MBA can demonstrate to prospective employers that you possess crucial business and technological knowledge.

Online MBA in information technology programs include courses in data management, IT strategy and business value, managerial economics, and business analytics. Graduates can apply for jobs as information technology managers, computer and information research scientists, network and system design administrators, and database developers.

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Online MBA in Information Technology Salary

Various factors can influence the salaries of MBA in information technology graduates. For instance, professional experience plays a large role in potential earnings. According to Payscale, entry-level IT managers make an average annual salary of $65,113, while those with more than five years of experience earn an average of around $80,000 as of May 2022. After 10 years, the average salary increases to $94,321.

With a college degree, professionals also apply for positions with higher salaries and more responsibilities. For example, those with bachelor's degrees can pursue work as IT support analysts, making an average annual salary of $56,082. Information technology directors, who often need a master's degree, earn a higher average annual salary of $122,363.

Comparison of Average Annual Salary by Occupation and Degree Type
Occupation and Degree Type Average Annual Salary
Information Technology Director (MBA) $122,363
IT Support Analyst (Bachelor's) $56,082

Source: Payscale (May 2022)

What Can You Do With an MBA in Information Technology?

Information Technology Manager

IT managers oversee computer-related operations for their organization. They may deal with several departments or, in larger organizations, focus on one area. IT managers may specialize in cybersecurity, software, database management, web services, and/or tech-related protocols. They supervise IT staff, manage the distribution of devices, such as tablets and mobile phones, and recommend security and software improvements. These professionals need skills in computer science, project management, and human resource management. According to Payscale, IT managers earn an average annual salary of $89,198 as of May 2022.

Chief Technology Officer

In a high-level executive role, a chief technology officer leads technology-related development for their organizations. They perform in-depth market research to assess the needs of their company as well as the direction competitors may take. They work with other executives, suggest new strategies, and set change into motion within the departments they oversee. Crucial skills include problem-solving, software architecture, leadership, and product development. Typically, chief technology officers have years of experience and high-level degrees, such as a master's or doctoral degree. According to Payscale, chief technology officers earn an average annual salary of $165,889 as of May 2022.

IT Business Relationship Manager

Business relationship managers liaise between information technology specialists and business managers within their organizations. They analyze data to determine customer demands and help develop solutions to maximize the company's earnings. With a strong understanding of business strategy and technology, IT business relationship managers must know how to weigh potential risks vs. benefits of any new solutions they suggest. These professionals need skills in business analysis, project management, budgeting, and finance. According to Payscale, IT business relationship managers earn an average annual salary of $85,464 as of May 2022.

Computer and Information Research Scientist

Computer and information research scientists study technology-related challenges faced by businesses across industries. They work with other professionals, such as scientists and engineers, to develop solutions. They may create programming languages, invent software and hardware, and write articles about their findings. They may specialize in areas like data science, robotics, or programming. These professionals must possess strong analytical and critical thinking skills, as well as math and strong communication skills. The BLS projects demand for computer and information research scientists to grow 22% between 2020 and 2030, much faster than the 9% national average for all occupations. Computer and information research scientists earned an annual median wage of $131,490 in 2021.

Computer Network Architect

With an online MBA in information technology, graduates can advance into leadership positions in their field. An understanding of business strategy and finance — plus a solid background in computer science and technology — may help expand graduates' job opportunities. Graduates can pursue a variety of high-paying positions. According to Payscale, database developers earn an average annual salary of $77,920 as of May 2022, while IT managers earn an annual average salary of $89,198, and IT directors earn $122,363.

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FAQ About MBA in Information Technology Careers

What certification should I get in addition to an MBA in information technology?

Appropriate credentials depend on your career goals. Some popular professional certifications in information technology include Cisco certified network associate; certified information system security professional; and vendor-specific certifications for Apple, Microsoft, and Linux.

What are the job opportunities for graduates with an MBA in information technology?

MBA in information technology careers include IT manager, IT director, computer and information research scientist, IT business relationship manager, and chief technology officer.

Is an MBA in information technology better than a master of information technology?

It depends on the individual's career goals. Graduates seeking high-level leadership roles in organizations may benefit from an MBA. With a strong foundation in business, the MBA helps prepare students for managerial positions in various industries. A master of information technology, conversely, focuses on technology without examining many business aspects.

Is an MBA in information technology worth it?

With an MBA in information technology, students can pursue advancement opportunities with increased salary potential.

Professional Organizations for Information Technology

Professional organizations offer online and in-person networking opportunities, training programs, discounts on professional services, and career services. The list below outlines five professional organizations for information technology MBA graduates.

Business Technology Association

BTA serves a membership of technology dealers, consultants, manufacturers, and service companies through legal services, professional publications, business support services, and educational webinars.

American Management Association

An organization dedicated to management professionals across specialties, AMA offers member benefits such as live online trainings and webinars, a women's leadership center, certification programs, member seminars, and professional discounts.

Society for Information Management

This organization serves a membership of senior-level IT managers through benefits such as face-to-face meetings, webinars, professional publications, regional chapters, and an annual conference.

IEEE Computer Society

Promoting collaboration between computer scientists and engineers, this organization offers member benefits including a digital library and newsletter, career resources, professional discounts, and regular events.

Association of Software Professionals

The ASP sets professional ethical standards for software professionals. Members gain access to online discussion groups, newsletters, and professional discounts.

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