Top Online MBA Programs in Technology & Technology Management
| OnlineMBA.com Staff Modified on June 10, 2022
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Computer and information technology careers are projected to increase 13% between 2020 and 2030, resulting in 667,600 new jobs. The faster-than-average job growth is due to the increased use of cloud computing, big data, and information security.
An online MBA offers the credentials and experience professionals need to advance in their technology careers. MBA graduates often earn upper-level positions with top technology companies. This guide highlights the top online MBA programs, including requirements and outcomes. Read on to learn more about earning an online MBA in technology and how to choose the right program.
What Is an MBA in Technology?
Technology is a thriving industry with high job growth and above-average salaries. An MBA in technology is a cross-discipline degree that includes coursework in information technology and business. An MBA provides students with an in-depth understanding of the specific needs and challenges of the industry.
Graduates of top online MBA programs develop the leadership and analytical skills to succeed as executives and administrators. In 2020, professionals who worked in computer and information technology jobs earned a median salary of $91,250, more than twice the salary for all occupations. Earning your MBA online makes you a competitive candidate for lucrative, in-demand technology careers.
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Why Should You Get an Online MBA in Technology?
The need for advanced technology administrators continues to grow. As more companies integrate advanced technology and cyber threats increase, organizations need innovative solutions. Graduates of the top online MBA in technology programs are well positioned to lead the industry into the future. Salaries vary but are generally higher than average. Professionals with an MBA in technology earn an average salary of $117,000 as of December 2021, according to Payscale.
The best online MBA programs draw students and faculty from around the world, giving learners access to a global community of technology leaders. An online master's in technology offers greater flexibility than a traditional program. With flexible scheduling, degree-seekers can continue working while applying the knowledge they gain to their community. Online degrees often cost less than on-campus programs since learners do not incur campus fees, transportation costs, and childcare expenses.
What Can You Do With an MBA in Technology?
IT directors often oversee multiple departments while providing technical advice and managing operations. They interact with employees, vendors, and executive officers. Responsible for the overall security of corporate networks, IT directors develop guidelines and implementation strategies for information security. They also review the performance of computer systems and plan upgrades. IT directors earn an average salary of $121,950 as of December 2021. However, salaries vary depending on years of experience, with entry-level directors earning 35% less.
IT managers supervise teams of IT professionals who oversee computer infrastructure and security. While specific duties vary by employer, managers typically supervise the use and transference of data within the company and between the company and the public. They research information products and implement services. These managers also hire and train IT employees. The average salary for an IT manager is $88,948. Project management skills may correlate with higher than average salaries. Network management and administration is also a popular skill set among IT managers.
CIOs are the executive-level information technology professionals for their companies. They make major decisions about information networks, including purchasing and installing IT equipment and implementing technology throughout the company. CIOs oversee all of the technology personnel and departments and communicate with senior leadership. These professionals need advanced technology and management skills. CIOs also need strategic planning and leadership skills. The average CIO earns $168,640 per year.
Project managers plan and execute information technology projects. They work closely with staff to achieve benchmarks and ensure the project remains on track. These project managers plan and evaluate the project and address problems during testing. Projects must meet quality assurance standards. Leadership, motivational, and problem-solving skills are critical to success. IT project managers earn an average salary of $88,730. Experience in agile software development and strategic project management contributes to higher earning potential.
These managers comprise a broad category of IT management professionals. They share many of the duties of IT managers and project managers but are typically responsible for a specific set of operations depending on the company's size and IT needs. These managers may analyze, plan, and direct the implementation of information systems for a specific area. The BLS projects an 11% increase in IT management careers between 2020 and 2030.
Online MBA in Technology Curriculum
Online MBA in technology programs offer a variety of curriculums, but they all include coursework in business management and technology. Prospective students can visit school websites to ensure curriculum aligns with their goals.
- Future of Technology: Students participate in multiple seminars on emerging technologies and cutting-edge techniques. Degree-seekers learn how to research and forecast technologies decades before they enter the market, preparing them for leadership in a rapidly changing field.
- Strategy and IT Management: Coursework develops the skills needed by modern CIOs in a global information technology environment. Students learn the regulatory and compliance issues faced in IT management and create a portfolio of strategies and implementation techniques.
- Practicum: Students complete a practicum, internship, or capstone project in information and technology management. Learners develop skills in applied research while gaining hands-on professional experience.
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How to Choose the Right Online MBA in Technology Program
Individuals who want to pursue careers in technology should first select a degree. For example, a master's in instructional design and technology teaches software developers how to design instructional programs in technology, while a software engineering degree focuses on software analysis and architecture in the private and public sectors.
An MBA in technology combines traditional business acumen skills with a technology specialization. The best MBA technology programs partner with local and national businesses to provide valuable experience and networking opportunities. While internships provide valuable experience, learners should ensure the requirements fit their schedule. Some programs require a capstone or thesis project in lieu of an internship.
Students should also consider cost, which varies by school and learners' enrollment status. Degree-seekers who cannot attend full time can pursue part-time enrollment to lower costs and provide flexibility. School location may also impact tuition costs. Prospective students should ask about residency requirements as some programs require students to visit campus for a residential period.
Scholarships for Technology MBA Programs
All college students, including students pursuing an online MBA in technology, can pursue scholarships to help fund their education. Many foundations and associations award scholarships to students of marginalized identities or specific ethnic groups.
Professional Organizations for Technology
Professional organizations provide many resources for students and professionals. As a hub of industry-leading thought and experience, professional associations drive progress and advocate for change. Students pursuing MBA careers in technology benefit from networking opportunities and professional experience. Many organizations offer scholarship opportunities and educational discounts, as well as mentorship programs.
Prospanica is home to the National Society of Hispanic MBAs. The group is the leading advocate for Hispanic professional achievement. Student members receive access to graduate scholarships, loans and refinancing programs, and internship opportunities.
CPSR advocates for the responsible implementation and use of computer technology. Members receive access to a global network of professionals and policymakers, event opportunities, healthcare, and activist resources.
Formerly known as AITP, CompTIA is an association of technology companies and professionals. The group provides industry-leading research, training, and public advocacy. Student members access career advice, scholarships, and networking opportunities.
WIT is a nonprofit for women that provides professional development and networking opportunities. Members can explore several special interest groups and programs, including mentorship opportunities.
Student members connect with active business and management professionals through this association of corporate, small business, and entrepreneurial leaders. Members receive discounts to a variety of educational opportunities and certifications.
The Top Online MBA Programs in Technology and Technology Management
The top online MBA programs in tech and tech management help learners gain the credentials and experience they need to advance their careers. Read on to learn more about the top five online MBA programs in technology. Check out the link below for more information on our ranking methodology.
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