MBA in Information Technology (IT) | All you need to know before choosing in 2021 | Top Colleges, Salary, Scope
MBA in Information Technology (IT)
About: MBA in Information Technology, also called MBA IT, is a 2-year long postgraduate ace qualification program in the executives. With an ascent in the time of digitization, the interest for this MBA specialization is expanding each day. It is viewed as one of the most looked for after MBA specializations of the current occasions.
The base qualification required to seek after this course is a four-year college education in any control from a perceived foundation with a total of half stamps or a proportional CGPA. Certain organizations may even request some work understanding and an encounter of 2 years is pertinent.
Check the top MBA selection tests in India to get affirmation in this course.
This course is particularly intended for IT area experts who are searching for administrative positions. This course enough blends examines identified with business and the board alongside contemplates identified with innovation. It covers specialized themes like framework examination and plan, database the board frameworks, and so forth.
Brief about MBA in Information Technology (IT)
- Full-Form: Master of Business Administration in Information Technology.
- Duration: 2 years.
- Minimum Eligibility: Graduation
- Admission Process: Entrance Based
- Top Entrance Exams: CAT, MAT, XAT, GMAT
- Top Colleges: IIM Ahmedabad, IIM Bangalore, IIM Calcutta
- Distance Education or Correspondence: Available
Here is a list of some of the top MBA IT colleges in India, along with their NIRF ranking and average fees charged.
| NIRF 2020 Ranking | College Name | Entrance Exam | Average Annual Fees | Average Salary |
|---|---|---|---|---|
| 1 | IIM, Ahmedabad | CAT | INR 11,50,000 | 25.83 LPA |
| 2 | IIM, Bangalore | CAT | INR 11,58,000 | 26.28 LPA |
| 3 | IIM, Calcutta | CAT | INR 11,30,000 | 27 LPA |
| 4 | IIM, Lucknow | CAT | INR 11,65,000 | 24.25 LPA |
| 9 | XLRI, Jamshedpur | XAT | INR 11,50,000 | 24.35 LPA |
A 2 year residential MBA IT program at top institutes in India will cost on an average of INR 10-23 Lakh.
The average placement package offered by most of the top colleges is in the range of INR 25 – 30 lakh per annum.
An MBA in IT will give you the abilities expected to oversee both IT frameworks and workers, joining the customary business information on an MBA with particular seminars on data security, broadcast communications and IT anticipate the board, to give some examples.
MBA IT Admission Process
Admission in MBA IT is done by means of two modes-either through a selection test or direct confirmation which depends on merit premise or the executive’s amount premise. The procedure, for the most part, comprises of 4 Steps.
Stage 1: Register and Apply for MBA Entrance Exam
One of the most significant tests for an MBA is CAT. You can enroll for it on the official site iimcat.in. For different tests like NMAT, XAT, CMAT, and SNAP, you should enroll independently.
Stage 2: Appear in MBA Entrance Exam
Show up for the separate tests and afterward hang tight for the outcome.
Stage 3: Shortlisting Process
The shortlisting will be done based on the number of understudies who gave the tests and the number of seats accessible. Cutoff for all the universities will be declared.
Stage 4: Final Admission Process-GD-PI-WAT Round
In this round Group, Discussion and the Personal Interview happens and the two have diverse weightage.
MBA IT Eligibility
Understudies who wish to seek after MBA in IT must satisfy the beneath recorded models
- Must have a four-year college education in any control from a perceived Indian or remote college.
- More likely than not qualified the individual passages trial of schools.
MBA IT Entrance Exams
More than 10 management entrance exams conducted by national bodies like IIMs and private & public colleges, required to get admission in the top MBA colleges in India.
- CAT 2020: Common Aptitude Test or CAT is a computer-based test that is accepted in colleges such as IIMs, IITs, among others for admission into MBA courses.
- MAT 2020: Management Aptitude Test or MAT is conducted four times in a year in an online or offline mode, and is accepted in colleges such as VIT Business School, Christ University, etc.
- XAT 2020: Xavier Aptitude Test or XAT is conducted by XLRI Jamshedpur for admission in its various management courses.
- GMAT: GMAT is a computerized based test, conducted to get admission into management courses in US universities and colleges. But it is accepted in many Indian universities as well like IIM Ahmedabad, XLRI, etc.
- SNAP 2020: Symbiosis National Aptitude Test or SNAP is conducted by Symbiosis University for admission into various UG and PG courses.
| Entrance Exam | Exam Mode | Application Period | Exam Date |
|---|---|---|---|
| CAT 2020 | Computer-Based | August 7- September 25, 2020 | November 2020 (Tentative) |
| MAT 2020 | Computer-Based and Pen Paper Based | March 6- June 16, 2020 | June 21, 2020 |
| XAT 2020 | Online | The third week of August- The second week of December 2020 | The first week of January 2021 |
| GMAT | Computer-Based | All around the year | As per your selection after the registration |
| SNAP | Online | From August to November | December |
| NMAT | Online | From July to October | As per your selection after the registration during October to December period |
How to get admission in the best MBA College?
- Since the majority of the top administration universities expect you to qualify one of the placement tests, consequently you are going to require a decent percentile in one of the selection tests like CAT, MAT, or XAT, among others.
- Be intellectually and genuinely arranged with further adjusts after the placement test for example the gathering conversation and individual meeting.
- Monitor significant dates of the selection tests with the goal that you can enroll for the test on schedule.
- Be refreshed with current undertakings as this will help in clearing the selection test and the meeting round.
- Begin getting ready for the selection test a year prior and remember your objective school.
MBA in IT & Systems: Skills required
Masters in IT covers subjects, such as software engineering, software development, computer programing, software program trying out, and laptop protection. In order to excel in these areas at the same time as analyzing your masters, an aspirant should own the necessary skill set as noted under:
| Computer and digital literacy | Data management and analytics |
| Technical writing | Flexibility and foresight |
| Information technology | Office skills |
| Project management | Data mining & coding |
Technical skills include formal problem-solving techniques, technology systems or machinery or any other tools. Technical skills enable any individual to work more efficiently and make them more valuable employees in the organization.
Top Colleges of MBA in Information Technology
| Name | Location | Average Annual Fee (INR) | Average Placement Package (INR) |
|---|---|---|---|
| Faculty of Management Studies, Delhi University | New Delhi | 10,480 | 23.1 LPA |
| ICFAI Business School | Hyderabad | 7,02,000 | 7.32 LPA |
| Jamnalal Bajaj Institute of Management Studies | Mumbai | 6,00,000 | 18.91 LPA |
| IIM, Ahmedabad | Ahmedabad | 11,50,000 | 25.83 LPA |
| IIM, Lucknow | Lucknow | 11,65,000 | 24.25 LPA |
| IIM, Bangalore | Bangalore | 11,58,000 | 26.28 LPA |
| GIBS Business School | Bangalore | 6,15,000 | 5.35 LPA |
| IIM, Calcutta | Kolkata | 11,58,000 | 27. LPA |
Source: College Websites
MBA in Information Technology Distance Learning
- Correspondence MBA or Distance MBA is chiefly meant for people with limited time and resources.
- A working professional, fresh graduate, or stay-at-home mother – anyone interested in pursuing an MBA course can opt for it.
- All one requires is a bachelor’s degree and meeting the course eligibility criteria.
- Also, the cost of a Distance MBA is much less than the Regular MBA. MBA IT Distance Education is preferred by a number of people.
MBA in Information Technology Syllabus
MBA in IT focuses on the following fields:
- IT entrepreneurship
- Bio design Data
- Big data and data mining
- Supply chain management
- New energy technology
We have described the MBA IT syllabus in the table below:
| Semester I Syllabus | Semester II Syllabus |
|---|---|
| Organizational Behaviour | Organization Effectiveness and Change |
| Quantitative Methods | Management Science |
| Managerial Economics | Economic Environment of Business |
| Financial Accounting | Financial Management |
| Marketing Management | Management Accounting |
| Human Resource Management | Operation Management |
| Business Communication | Marketing Research |
| Information Technology Management | Management of Information System |
| Semester III Syllabus | Semester IV Syllabus |
| Business Ethics & Corporate Social Responsibility | Project Study |
| Legal Environment of Business | Strategic Management |
| Strategic Analysis | International Business Environment |
| Elective Course | Elective Course |
| Electives | |
| Managing E-Business/ Business Intelligence | Business Process Re-Engineering |
| System Analysis and Design | Database Management Systems |
| Strategic Management of Information Technology | Knowledge Management |
| Managing IT-Enabled Services | Network Operations, Management & Security |
MBA in Information Technology Scope and Career Prospects
Lately, it has been seen that the MBA IT degree is tremendous. MBA in Information Technology Management is a mix of two exceptionally unique parts of any business, the board skill, and data innovation. Such alumni can secure positions in both the private and open segments.
IT the executives is an expansive term that incorporates different parts of innovation-related exercises. MBA in IT experts can discover professional openings in Defense, Space offices, and furthermore in the Automobile area.
Government Sector Jobs
The administration area likewise gives a stage to MBA in Information Technology experts to develop a profession by offering different vocation openings in a few endeavors. Following are some of such open segment endeavors:
- BSNL
- Indian Railways
- Indian Air Force
- ISRO
- Doordarshan
Scope
- The Information Technology (IT) industry is the explanation for India’s financial change and has opened up various open doors in different areas.
- MBA IT empowers understudies to gain proficiency with the in-profundities of different things identified with Information Technology.
- There is an enormous extent of work after this course in India, yet over the globe in the wake of seeking after this specialization.
- It is seen that in the ongoing years, incredibly famous organizations like McKinsey and Company, Boston Consulting Group, Bain and Company, and so forth, are coming to India for situations.
After an MBA in Information Technology, you can go for an individual program and affirmations depicted underneath:
- Individual Program in Management or FPM: It is a four-year doctoral program intended to prepare understudies for examination and preparing in different fields of business and the board
- Money related Risk Manager Exam: It is for those experts intrigued by a vocation in hazard the board.
- Guaranteed Information Systems Auditor (CISA): There is a developing interest for experts who are relied upon to screen the data innovation and business frameworks and procedures of any association. This confirmation helps gives you the necessary expertise and information here.
MBA in Information Technology FAQs
Ques. What’s the scope of an MBA in Information Technology in India?
Ques. Which are the top colleges in India that offer MBA in Information Technology?
Ques. How is the future of an MBA in Information Technology?
Ques. What will the average cost be to complete an MBA in Information Technology?
Ques. What is the average salary offered to an MBA IT graduate?
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