MBA Technology Management is a postgraduate management course for two years. The course concentrates on creating business world leaders who are not only good at handling emerging technologies but also understand how to adapt within the workforce to its rapid changes.This course combines the expertise of Technology with the skills of Business Administration.
A candidate with a Bachelor’s degree or an equivalent qualification in any discipline is eligible for MBA Technology Management course. The candidate must secure a minimum aggregate of 60% marks at the undergraduate level to be eligible for admission to MBA Technology Management course.
Admission to MBA Technology Management will be based on the performance of candidates in the entrance exam and personal interview. National level entrance exams such as CAT, MAT, XAT, NMAT, etc are required to secure a seat in the MBA Technology Management Course.
The average fees for MBA Technology Management ranges from INR 50,000 to INR 8,00,000 depending on colleges/universities. MBA Technology Management includes subjects dealing with the design, development, implementation, and use of technical products and services to help make the company more effective and value-adding. The syllabus of MBA Technology Management is closely related to other disciplines such as Business Intelligence and Analytics, IT, User Experience Design, Management of Innovation and Strategic Management.
MBA Technology Management candidates get jobs in numerous departments including Network Infrastructure, Internet Connectivity, Information Security, System Development, Software Sales, and IT Consultancy. Top recruiters for MBA Technology Management course include Cognizant, Deloitte, Wipro, HCL Technologies, KPMG, ICICI Bank, among others.
The average placement salary for MBA Technology Management candidates stands in the range of INR 4,00,000 to INR 20,00,000 for an MBA in Technology Management candidate, depending upon the candidate’s expertise in the field. Common job profiles offered to such candidates are Information Systems Managers, Computer Systems Analysts, Chief Technology Officers, etc. Check MBA Full Form
If the candidate wants to pursue higher studies, then opt for MPhil and PhD in Management Studies. After completing a PhD, one can become a professor in various management colleges.
MBA Technology Management Course Highlight
The major highlights of the MBA Technology Management course have been tabulated in the table below.
| Course level | Post Graduate |
| Duration | 2 years |
| Examination Type | Semester |
| Admission Process | Entrance tests such as CAT, MAT, CMAT, etc. |
| Course Fee | INR 50,000 - INR 8,00,000 |
| Average Salary | INR 4,00,000 - INR 20,00,000 |
| Top Recruiting Areas | Network Technology, Internet Services, Cybersecurity, System Development, Technical Sales, or IT Consulting |
| Job Positions | Information Systems Managers, Computer Systems Analysts, Chief Technology Officers, etc |
MBA Technology Management : What is it About?
- MBA Technology Management students learn the value of innovation and how to manage and promote innovation to maximize its effect.
- MBA Technology Management syllabus includes topics like Product Analysis, how to assess Emerging Trends, Communication Skills that benefit Team Building, and more.
- Subjects taught in MBA Technology Management include Technology Strategy, Technology Forecasting, Technology Road Maps, Technology Project Portfolio, etc.
- It helps you to learn about the use of Technical Instruments and Systems.
- MBA Technology Management program focuses on developing business world leaders who are not only adept at managing current technology but also understand how to adapt within the workplace to its rapid changes.
- Technology management is closely linked to other disciplines such as business intelligence and analytics, IT, designing the user experience, managing innovation, and strategic management.
Why Should You Study MBA in Technology Management?
An MBA is a degree that helps individuals improve their current work situation, increase paycheck, and take care of any industry's business side. This course is usually studied by students because of the following benefits:
- In Demand Course - The demand for technology will never decrease, and hence, the MBA Technology Management course will always be in-demand.
- Ample Job Opportunities - MBA Technology Management candidates get placed in various technical fields including Network Infrastructure, Internet Connectivity, Information Security, System Development, Software Sales, and IT Consultancy.
- Learning to be Innovative - While pursuing an MBA in Technology Management, a student not only understands the value of innovation, but also learns how to coordinate and promote the innovation to maximize its effect.
- Creative Leadership - It seeks to teach students how to develop their awareness through various technologies and concentrate on creativity as a leadership resource.
- High Starting Salary - The highest salary for even MBA Technology Management freshers can go as high as above INR 30,00,000, depending on the expertise and knowledge of the candidates.
What is the Admission Process for MBA Technology Management?
- MBA Technology Management admissions are done mainly through Entrance Test followed by personal interview conducted by the respective institute/university.
- Candidates will have to qualify National level Entrance Tests such as CAT, MAT, NMAT, XAT or other entrance exams conducted by the university to qualify for admission.
- Application forms for admissions are invited generally during the month of May.
- Reservations are applicable to SC, ST, EWS, OBC NCL, PwD candidates as per Govt. of India rules.
A student seeking admission to the MBA program shall submit the application form along with :
- Proof of birth date
- Degree or passing certificate of the qualifying examination
- Migration Certificate
- Gap certificate if applicable
- Scorecard of the entrance exam
Below mentioned process is generally followed by the colleges which admit candidates on the basis of entrance exam scores.
- Candidates need to register to the official website by providing their email id, mobile number, and password. Submit the application form and fee, submit, and download the form for future references.
- Upload all the scanned documents like candidate’s Photograph, Signature, Photo Identification, mark sheets, caste certificate, etc.
- Admit cards will be issued to the eligible students based on the information provided by candidates.
- On the announcement of results, based on the marks obtained by the students and institutes cut off, candidates are called for a personal interview.
- Candidates are allocated seats based on academic records, performance in the entrance test, and personal interview.
Check the Admission Process of NMIMS in detail.
What is the Eligibility Criteria for Admission to MBA Technology Management Course?
- Candidates should hold a Bachelor's degree or equivalent qualification from a recognized institution or university.
- Minimum aggregate of 60% marks or equivalent grade B in the UGC 7 point scale in graduation is required for being eligible for this course.
- In the case of reserved category candidates, relaxation of 5% marks or equivalent grade is given as per UGC guidelines.
- Candidates should have good communication skills or the ability to express themselves verbally as well as in writing.
Which are the Top MBA Technology Management Entrance Exams?
Most institutes admit students to MBA Technology Management course through National or State level entrance tests, followed by a personal interview round. However, few institutes offering MBA programmes in India conduct their own entrance exams for admission to the course. Below a few National and university level entrance exams for admission to MBA courses.
- CAT : Common Admission Test is a CBT for graduate management program admission. It is a gateway to the prestigious 20 IIMs in India and more than 1200 + B colleges. CAT is conducted once in a year by one of the IIM's. It is a three-hour test divided into three sections Verbal Ability and Reading Comprehension (VARC), Data Interpretation and Logical Reasoning (DILR), and Quantitative Ability (QA).
- MAT : Management Aptitude Test is a standardized examination to screen applicants for MBA and similar programs entry, approved by the Ministry of HRD, Govt of India as National level test. MAT is conducted four times a year by AIMA which is accepted by over 600 B Schools across India. It is a two and a half-hour test with 200 objective questions divided into 5 sections Data Analysis & Sufficiency, Language Comprehension, Intelligence & Critical Reasoning, Mathematical Skills, and Indian & Global Environment.
- XAT : Xavier’s Aptitude Test is a national level management test conducted by XLRI Jamshedpur on behalf of Xavier Association of Management Institutes. XAT is accepted by XAMI member institutes and over 700 B schools across India. The three-hour test consists of 100 questions MCQs divided into 4 sections: Decision Making, Verbal & Logical Ability, Quantitative Ability & Data Interpretation, and General Knowledge.
- NMAT: NMAT is conducted by the Graduate Management Aptitude Council for MBA aspirants. It is conducted over a 75 day period. The NMAT score is accepted for the MBA program offered by various reputed institutions of the country. The two-hour test consists of 108 MCQ divided into three sections: Reasoning, Quantitative Aptitude, and English Language.
- CMAT : Common Management Admission Test is a national level computer-based test conducted by the National Testing Agency, India. CMAT is conducted once a year and accepted by more than 1000 AICTE approved institutes. The three-hour test consists of 100 MCQ divided into four sections Quantitative Aptitude, Logical Reasoning, English, and General Awareness.
Some important dates regarding this exam are listed in the table below.
| Entrance Exam | Registration Deadlines | Exam Dates |
|---|---|---|
| CAT | August 3 – September 21, 2023 | November 26, 2023 |
| CMAT | 2nd week of March 2024 (Onwards) | 1st week of May 2024 |
| SNAP | August 23 – November 23, 2023 |
Test 1: December 10, 2023 Test 2: December 17, 2023 Test 3: December 22, 2023 |
| XAT | July 15 – November 30, 2023 | January 7, 2024 |
How to Prepare for an MBA Technology Management Entrance Exam?
- Candidates should focus on the preparation plan as each exam has a specific set of questions and time allocation
- The MBA entrance question paper generally MCQ is divided into different sections.
- On the basis of the previous year's paper, lay out a study plan which will allow you to cover the syllabus as well as revise it efficiently.
- Some important topics to be covered while preparing for MBA entrance exam tests are quantitative aptitude, reasoning, intelligence, comprehension, case analysis, relationships, word power, synonyms, antonyms, general knowledge/awareness, etc.
- It will require in-depth knowledge, analytical skills, and sharp memory to crack the exam.
- Practicing sample question papers and model tests certainly offers students an advantage because they are able to learn the exam's style and layout well beforehand.
Read more on CAT Question Paper Pattern and Marking Scheme.
How to Get Admission in a Top MBA Technology Management College?
- To secure a seat in a good college for an MBA Technology Management, a candidate must score very well in the entrance exams.
- The entrance exam cutoffs for good colleges generally range above 95 percentile.
- Candidates should put their time and effort into the entrance test as well as be prepared for a personal interview round.
- Candidates should prepare for the entrance exam well in advance and solve mock tests before the test day.
- Candidates should be well versed with bachelor's subjects and general knowledge for Personal Interview.
- Look out for the eligibility, cut-offs, selection criteria, admission process, application procedure, and other updates to benefit you for better preparation.
Specific requirements vary according to school, but the syllabus of MBA Technology Management often include marketing, accounting, finance, and management. Students would also need to take classes in information management, elective information, and elective management. Here is a semester wise break up of subjects taught in MBA Technology Management:
| Semester I | Semester II |
|---|---|
| Foundation in Technology Management | Technology Forecasting and Assessment |
| Technology, Creativity and Innovation | Technology Transfer Management |
| Information Technology for Business | Technology Projects, Appraisal, and Evaluation |
| Organizational Behavior and Interpersonal Skills | Business Research Methods |
| Principles of Marketing | Economic and Legal Environment |
| Accounting for Management | Financial Management |
| Lab | Project I |
| Semester III | Semester IV |
| Production and Operations Management | Strategic Management of Technology |
| International Business and Strategic Alliances | Supply Chain Management |
| Organizational Development and Team Building | Performance Appraisal and Counseling |
| Leadership and Change Management | Industrial Relations and Labor Laws |
| --- | Project II |
Which are the Top Colleges for Studying MBA Technology Management in India?
Here is the top MBA Technology Management college list for your reference. This list shows the colleges, admission process, location, and average fee charged for this course.
| Name of Institute | City | Average Annual Fee |
|---|---|---|
| Narsee Monjee Institute of Management Studies | Mumbai | INR 4,00,000 |
| Amity University | Noida | INR 5,88,000 |
| Lovely Professional University | Jalandhar | INR 3,04,000 |
| Chandigarh University | Chandigarh | INR 1,80,000 |
| Anna University | Chennai | INR 41,000 |
| Institute of Business Management and Research | Pune | INR 80,000 |
| Dr. DY Patil Institute of Management & Research | Pune | INR 1,30,000 |
| Sandip Institute of Technology and Research | Nashik | INR 1,50,000 |
| MGM Institute of Management | Aurangabad | INR 1,25,000 |
Source: College Websites
College Comparison for MBA Technology Management
Below given is the college comparison of the top MBA in Technology Management offering colleges in terms of several parameters like average fee, college overview, admission process, top recruiter, and many others.
| Parameters | Narsee Monjee Institute of Management Studies | Amity University | Lovely Professional University |
|---|---|---|---|
| Overview | Narsee Monjee Institute of Management Studies (NMIMS) was established under the patronage of SVKM in 1981. | Amity has become a brand in India. It is the Apple (Inc.) of the education system. With affiliations from UGC, NATA, NAAC, WASC, and more. | Lovely Professional University (LPU) is a semi-residential university college in North India created under the Punjab State Private University Act 2005. |
| Location | Mumbai | Noida | Jalandhar |
| Eligibility Criteria | Graduation | Graduation | Graduation |
| Admission Process | NMAT | CAT | LPUNEST |
| Average Annual Fees | INR 4,00,000 | INR 5,88,000 | INR 3,04,000 |
| Average Annual Salary | INR 17,79,000 | INR 4,50,000 | INR 4,50,000 |
| Top Companies Visited | ICICI Bank, Honeywell, Wipro, L&T Infotech, Kotak Mahindra Bank, Capgemini, Aditya Birla Capital, HDFC bank, Maruti Suzuki, Cognizant, Deloitte, Max Life Insurance, IBM, OYO, AVIVA India, etc | CMC Ltd, Coca Cola, CII, Citicorp, DCM Benetton India, Hero Moto Corp, Citibank, Dabur India Ltd., DLF Ltd., Systems America, Birla Sunlife, IDBI, Sundaram, Clayton Ltd., Bharti Enterprises, etc | Microsoft, Amazon India, Bosch Engineering and Business Solutions Ltd., Cognizant Technology Solutions, Capgemini India Pvt. Ltd., Federal Bank, Hindustan Unilever Ltd., Synopsys India, etc |
Source: College Websites
Can MBA Technology Management be Completed Through Distance Education?
Few colleges in India offer MBA Technology Management courses via distance learning mode.
- These courses are fit for those candidates who are working professionals and seeking to study MBA alongside their work.
- The admission to this course is generally merit based, but sometimes colleges may ask for entrance exam scores.
- The average annual fees for MBA Technology Management distance learning courses ranges between INR 25,000 to 75,000.
- These courses are slightly cheaper than regular MBA courses.
Two popular colleges which offer this course in distance learning mode are tabulated below.
| College Name | Location | Duration | Average Annual Fees |
|---|---|---|---|
| Anna University | Chennai | 2 years | INR 56,150 |
| School of Distance Education, Bharathiar University | Coimbatore | 2 years | INR 23,920 |
MBA Technology Management vs MBA IT
MBA Technology Management and an MBA IT are almost similar courses except for a few differences. The below-given comparison is given keeping in mind all the important parameters of differences:
| Parameters | MBA Technology Management | MBA IT |
|---|---|---|
| Degree Type | Post Graduate | Post Graduation |
| Overview | The program is designed to train students to manage research and evaluate technology-related strategies in companies and organizations. | An MBA in IT will provide you with the skills needed to manage both IT systems and employees, combining the traditional business knowledge of an MBA with specialized courses on information security, telecommunications, and IT project management. |
| Examination Type | Semester | Semester |
| Average Annual Fees | INR 50,000 - INR 8,00,000 | INR 10,00,000 - INR 23,00,000 |
| Duration | 2 years | 2 years |
| Eligibility Criteria | Graduation | Graduation |
| Admission Process | Entrance tests such as CAT, MAT, CMAT, etc. | Entrance tests such as CAT, MAT, CMAT, etc. |
| Top Colleges | NMIMS, Amity University, Lovely Professional University, Chandigarh University, Anna University | IIT Kharagpur, IIT Roorkee, KIIT, XLRI Jamshedpur. |
| Top Recruiting Area | Academic Institutions, Consulting Services, Healthcare Organizations, Insurance & Financial Companies, Technology Company | network technology, internet services, cybersecurity, system development, technical sales, or IT consulting |
| Job Positions | Information Systems Managers, Computer Systems Analysts, Chief Technology Officers, etc | CTO, CIO, Information Technology Director, Project Manager, Project manager - IT software, etc |
| Average Annual Salary | INR 4,00,000 - INR 20,00,000 | INR 25,00,000 - INR 30,00,000 |
Source: College Websites
Also, check the full list of Top MBA IT Colleges in India.
What are the Best Job Profiles and Career Options Available for MBA Technology Management Candidates?
- Candidates completing an MBA Technology Management course have an edge over other candidates for many positions.
- Many companies are increasingly looking for candidates with this degree to fill up top management positions.
- These candidates generally get recruited in Academic Institutions, Consulting Services, Healthcare Organizations, Insurance & Financial Companies, Technology Company, and so on.
The top job profiles available for MBA Technology Management candidates are described along with the salary trends in the table below.
| Job Profile | Job Description | Average Salary |
|---|---|---|
| Analytics Manager | Analytics managers are responsible for managing a team of business analysts who use business data and statistical methods to provide insight into the business performance and suggest areas for operations improvement. In interpreting outcomes they also implement analytical approaches and methodologies. They can gather and evaluate external market data to provide comparative benchmarks | INR 10,00,000 |
| IT Manager | IT administrators are responsible for the effective and secure running of all operating systems, related applications, equipment, and software that are used by a wide variety of public and private sector organizations. They also plan, organize, control, and evaluate IT and data operations in electronic format. They assist in planning, creating, implementing and organizing programs, policies, and procedures. | INR 8,00,000 |
| Project Manager | The roles of Project Management include delivering each project within budget and scope on time. Project managers should have the organizational experience, management, budgeting, and planning backgrounds. Project managers are competent to get the best out of the people and the projects they supervise. When planning projects they thrive and working with project teams. | INR 12,00,000 |
| Product Manager | Product managers are responsible for defining the release process and for coordinating all the activities required for marketing the product. This includes bridging gaps within the organization between various departments and aligning all the teams involved — including marketing, sales, and customer service. | INR 12,50,000 |
| System Managers | System managers implement IT in an organization and oversee a team of IT professionals. The role involves the design, implementation, and maintenance of information systems including improvements to hardware and software. | INR 7,00,000 |
| Chief Technology Officer (CTO) | Developing a plan for the organization to use technical tools. Ensuring technology is used efficiently, profitably, and safely. Evaluation and deployment of new technologies and services. | INR 15,00,000 |
| Computer Systems Analysts | Computer Systems Analysts work to ensure all of an organization's computer systems help to achieve organizational goals. It is their responsibility to collaborate with colleagues to assess the strengths and limitations of the current structures and to find areas for change. | INR 6,00,000 |
What are the Future Scope and Further Studies Options After Completing MBA Technology Management?
- If the candidate wants to pursue higher studies, then they can opt for MPhil and PhD in Management Studies. After completing a PhD, one can become a professor in various management colleges.
- Candidates can appear for UGC NET or UGC CSIR NET to apply for MPhil and PhD programs in this field.
- A few of the other popular options candidates prefer after successfully completing MBA are Chartered Financial Analyst, Financial Risk Manager, Certified Information Systems Auditor, Certification in Risk Management, Project Management Professional, etc.
- These candidates can work in various fields including network technology, internet services, cybersecurity, system development, technical sales, and IT consultancy.
MBA Technology Management FAQs
Ques. Can a student of UG second year apply for the CAT exam ?
Ans. CAT candidates who have completed their graduation in any stream may apply for the exam as per minimum eligibility criteria. Or candidates who are awaiting their results in their final year of graduation can apply for the exam. And just for the sake of practice session, you are not qualified to apply for CAT.
Ques. How long does it take to complete the course ?
Ans. It takes a minimum of two years to complete the course. It is divided into four semesters. The first year is common for all MBA programs and in the second year is where electives and specializations are taught.
Ques. Is BBA compulsory to pursue MBA ?
Ans. It is not mandatory to pursue BBA before applying for an MBA. A candidate needs to complete a 3 years / 4-year undergraduate degree in any discipline to pursue an MBA.
Ques. What is the selection process for an MBA in Technology Management ?
Ans. Only those applications, which have been completed accurately and in full, and that, include the relevant certificates and other documents, as attachments will be considered. Candidates will be shortlisted, and those candidates who have been selected are required to take the entrance examination and appear for a personal interview. The final results will be revealed after the applicants have accumulated the marks they have received in their postgraduate test, entrance review, and personal interview.
Ques. Is the entrance test mandatory to secure a seat in the MBA Programme ?
Ans. Yes, it is. To secure a seat in an MBA program candidate needs to qualify the entrance test conducted at national or university level. A candidate can appear for the National entrance exam such as CAT / NMAT / XAT / MAT / CMAT / SNAP and more.
Ques. What to opt for, MBA or MCA ?
Ans. MBA is suitable for those applicants who are excellent at management plus administration skills and are able to handle stress and deadlines while MCA is suitable for those individuals that are interested in general computer applications and want to develop their experience to be more technically sound.
Ques. What is the eligibility to apply for an MBA ?
Ans. A candidate with a Bachelor’s degree or equivalent qualification in any discipline securing a minimum aggregate of 60% marks is eligible provided they qualify the national level entrance test or university level test. Admission will be based on the performance of candidates in the entrance exam and personal interview.
Ques. What is the MBA in Technology Management Course?
Ans. Technology management deals with planning, creating, running, and using technology products and services to help improve productivity and add value to an organization. Study courses usually combine the expertise of information technology with the skills of business administration.
Ques. What is the difference between MBA and PGDM?
Ans. The MBA program is usually considered a degree, and if you are intending to pursue further studies, you can obtain this degree. Hence, PGDM is a one- or two-year diploma course offered mainly by autonomous institutes.
Ques. What can I pursue after MBA?
Ans. If the candidate wants to pursue higher studies, then opt for M. Phil and Ph.D. After completing a Ph.D., one can become a professor in various management colleges. A few of the other popular options candidates prefer after successfully completing MBA are Chartered Financial Analyst, Financial Risk Manager, Certified Information Systems Auditor, Certification in Risk Management Assurance, Certified in Production and Inventory Management, Project Management Professional, Executive MBA, DBA, SAP Course, so on.
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