MBA Technology Management: Course Details, Eligibility, Admission, Fees

Sakshi Chaudhary

MBA in Technology Management is a two-year postgraduate course study about the impact of technology on business processes and how organizations can use the technology landscape to drive business growth. The course covers subjects like technology strategy and innovation, online brand management, business data analytics, etc.

MBA in Technology Management Admission 2023 requires candidates to clear their bachelor's degree with a minimum of 60% marks for unreserved and 55% for reserved category from an accredited university. Apart from the merit score, the candidate also needs to qualify for the entrance exams such as CAT, IPSAT, MAT, etc. The average MBA in Technology Management course fee is in the range of INR 50,000 - 6  LPA.

What is an MBA in Technology Management Course?

The MBA in Technology Management falls under the umbrella of MBA courses, the course helps graduates understand the importance of innovation in technology as well as how to manage and promote it to optimize its impact. The course is provided by top colleges like Osmania University, Amity University, Institute of Product Leadership, etc.

After completion of the MBA in Technology Management course, graduates can work in top organizations like E&Y, Accenture, Deloitte, Tech Mahindra, etc. The average salary of an MBA in Technology Management graduate is in the range of INR 4-18 LPA (Source: Payscale)

MBA in Technology Management Eligibility Criteria 

Depending on the college requirements, such as the minimum entrance exam score or the years of work experience needed, there may be different prerequisites for the MBA Technology Management course. The following are the common MBA eligibility requirements for technology management:

• Candidates should have completed a bachelor’s degree with a minimum of 60% marks.
• There is a relaxation of 5% marks given to SC/ST/OBC candidates.
• The candidate needs to qualify for entrance exams such as CAT, CMAT, MAT, etc.
• The candidate needs to secure more than 500 score in GMAT or more than 75 percentile in IP-SAT for admission to the Institute of Product Leadership.
• There is no upper age limit to enroll in the course.

Why Choose an MBA in Technology Management Course?

The demand for skilled professionals in the IT and technology domain has always been on the brighter side due to the continuous advancement of technology in different sectors such as healthcare, retail, education, etc. Below mentioned are the reasons why one should choose an MBA Technology Management course.

• A projection of 10.7% CAGR growth is expected in the innovation management market by 2030, leading to a higher demand for innovation managers.
• The information technology market is projected to expand by 8.3% CAGR by the year 2023, which leads to demand for data analysts, project managers, business analysts, etc.
• The career options are diverse in nature as the job role ranges from Chief Technology Officer to Technology Strategy Consultant.

MBA Technology Management Admission 2023 

The merit score and cut-off for the entrance exam determine admission to the MBA in Technology Management. Students must complete the standard process listed below in order to enroll in the course:

• Step 1: The candidate is required to clear the cut-off marks in entrance exams as declared by the respective college.
• Step 2: The applicant must complete the application for admission to the college either online or by visiting the college campus.
• Step 3: To further narrow down the pool of candidates, colleges conduct WAT, GD, or PI processes.
• Step 4: After the final merit is announced, the candidate must submit the necessary paperwork such as mark sheets, experience letter if required, identity proof, etc., and pay the course fees.

MBA in Technology Management Entrance Exams

The admission to MBA Technology Management requires a candidate to qualify for an entrance exam held at the national level such as CAT or institute level such as I-CET. Below listed are the MBA in Technology Management entrance exam details:

Top MBA in Technology Management Colleges in India

The average MBA Technology Management course fee in India is around INR 50,000 - 6 LPA. Below listed are the top colleges offering MBA Technology Management course and their average fees:

Types of MBA in Technology Management Courses

 The MBA in Technology Management course can be pursued in full-time and distance mode. The Executive MBA in Technology Management is also available for aspirants. Below listed are details regarding types of MBA Technology Management courses:

Distance MBA in Technology Management Course

The distance MBA Technology Management course offers working professionals and individuals a flexible and convenient mode to complete their graduate degrees in technology management without attending on-campus classes. Below listed are important points regarding distance MBA in Technology Management course details:

• The course can be pursued from colleges like IMTS Institute, Anna University Center for Distance Education, etc.
• The average course fee is in the range of INR 60,000-1 LPA.
• There is no upper age limit to enroll in the course.

Executive MBA in Technology Management Course

The EMBA in Technology Management course is ideal for individuals looking to expand their domain knowledge and learn advanced concepts related to technology management. Below listed are important points regarding Executive MBA in Technology Management:

• The course can be pursued from IIT Delhi in India.
• The duration of the course is three years. 
• The total tuition fee for the course is INR 2.10 Lakh with miscellaneous charges of INR 20,150.
• The application form for admission is released in the month of February every year.

MBA Technology Management Syllabus and Subjects

MBA in Technology Management syllabus in the first year focus on understanding an overview of business management and technology management. The second-year MBA Technology Management syllabus delves deeper into advanced topics like technology and innovation strategy, emerging technologies and trends, global technology management, etc.

Below are listed some of the MBA in Technology Management subjects in detail:

Read More: MBA in Technology Management Syllabus and Subjects

MBA in Technology Management vs MBA in Information Technology

MBA in Technology Management focuses on a wider variety of tech-related subjects, such as innovation, strategy, and project management. The administration of information technology systems and infrastructure, however, is the focus of an MBA in IT. The table below showcases the differences between the MBA in Technology Management and MBA in IT:

Read More: MBA IT

Courses After MBA in Technology Management

The graduates after completion of an MBA in Technology Management can do various professional certification courses in their respective domains or enroll in higher degree courses to upskill their domain knowledge. Below listed are courses that can be pursued after the MBA in Technology Management course:

• Ph.D. in Technology Management
• Project Management Professional Course
• Certified Scrum Master Course
• Executive Master’s in Technology Management

Salary of an MBA in Technology Management Graduate in India

The average MBA in Technology Management salary is in the range of INR 4-18 LPA (Source: Payscale). Salary and annual earnings are determined by the type of practice and performance, expertise, and other factors. Below listed are job opportunities for MBA Technology Management graduates along with their average salary:

Read More: MBA in Technology Management Salary

Career Options After Master of Business Administration in Technology Management Course

MBA in Technology Management graduates can work in private companies such as Deloitte, Infosys, etc., and government departments like E-Governance, Smart City Development, etc. Below listed are a few job roles for MBA Technology Management graduates along with their average salary and top hiring companies:

Top Recruiters for MBA in Technology Management Course

The MBA in Technology Management graduates get opportunities to work in areas like IT Management, Innovation, Research and Development, Technology Strategy, etc. Below listed are top recruiters for MBA Technology Management graduates along with their average salary:

[Source: Glassdoor]

Skills to Excel as an MBA in Technology Management Graduate

The MBA Technology Management course requires graduates to have technical proficiency and business acumen to succeed in their careers. Below listed are a few skills that an MBA in Technology Management graduate needs to excel.

• Project Management Skills: In order to plan, monitor and execute technology-related projects graduates need to have good project management skills.
• Data Analysis and Interpretation Skills: In order to understand how data can drive innovation the graduate needs to be well versed with analysis tools and techniques.
• Innovative Mindset: Innovation in organizations is frequently driven by technology managers. The creation of enhanced technology solutions results from an imaginative and creative attitude.
• Strategic Thinking: The graduates need to think strategically because aligning technology projects with the overarching business strategy is part of technology management.

Top MBA Technology Management Colleges

Thapar University

Patiala,Punjab

Alagappa University

Karaikudi,Tamil Nadu

Osmania University

Hyderabad,Telangana

DMS IIT Delhi (MBA)

Delhi,Delhi NCR

Sandip Institute of Technology And Research Centre (SITRC)

Nashik,Maharashtra

NMIMS University, Indore

Indore,Madhya Pradesh

NMIMS University, Navi Mumbai

Navi Mumbai,Maharashtra

Assam Don Bosco University

Guwahati,Assam

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MBA Technology Management Fee Structure

See Various MBA Technology Management Colleges in India