MBA in IT in USA: Universities, Fees, Scholarships & Salaries

MBA in Information Technology in USA: Deadlines, Cost, Scholarships, Placements & FAQs

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An MBA program comes with a variety of specialisations including Information Technology (IT). An MBA in IT is a 2-year course and offers leadership and technology skills to students. Some colleges in USA offer an MBA in Information Technology to international students. Among them, University of North Texas, University of Wisconsin-Milwaukee and Southern New Hampshire University are the most popular ones. These MBA colleges in USA charge around 23 lakhs INR on average. Admissions to MBA colleges in USA require a minimum GPA of 2.8 out of 4.0 (83%) and a GMAT score in the range of 580 to 710.

Table of Contents

  1. Highlights
  2. Best colleges
    2.1 What is MBA in IT?
    2.2 Why study MBA in IT?
  3. MBA in IT vs CS vs IS
  4. Admissions
  5. Fees
  6. Scholarships
  7. Job Opportunities
  8. ROI
  9. College Comparison
  10. FAQs

MBA in Information Technology in USA Highlights

Course Name MBA in Information Technology
Course Duration 2 Years
Eligibility Criteria GPA: 2.75 out of 4.0 (83%) 2 LORs SOP Avg. Work Experience of 5 years
Standardised Test Requirements GMAT: 580-710 TOEFL iBT: 79
Average Salary 95,100 USD (78.24 lakhs INR)
Recruiters Tesla, Deloitte, HP, MorganFranklin Consulting etc.

Best colleges for MBA in IT in USA

There are a few MBA colleges in USA that offer a specialisation in Information Technology. Among them, University of North Texas, University of Wisconsin-Milwaukee and Southern New Hampshire University are the most popular. The MBA in IT colleges in USA and the courses are mentioned in the table below.

University Courses Application Deadlines
Florida Institute of Technology MBA in IT Management Rolling
Virginia Commonwealth University MBA in Information System Fall: 1 July Spring: 1 November
University of Wisconsin-Milwaukee MBA in IT Management Round 1: 23 September 2022 Round 2: 1 November 2022 Round 3: 10 January 2023 Round 4: 1 March 2023 Round 5: 10 April 2023 Round 6: 1 June 2023
University of North Texas MBA Information Technology 22 October 2022
Southern New Hampshire University MBA in IT Management Rolling
Rivier University MBA in IT Management Rolling

What is MBA in IT?

An MBA in Information Technology degree trains students in both Business Administration and Information Technology so that they can manage technical systems and employees altogether. It trains engineering and science graduates for management and executive job profiles. With an increasing demand in the industry, the course has gained popularity as well. The skills learnt can be used in a range of careers as the course involves a number of specialisations. The core subjects of MBA in IT are listed below.

Core Subjects

  • Accounting for Management
  • Administrative Strategy
  • Business Mathematics
  • Data Administration & Project Management
  • Data & Information Management
  • Financial Management
  • Information Security Management
  • IT Strategy & Management
  • Marketing Management
  • Organisational Behaviour & Analysis
  • Strategic Use of Information Technology
  • Strategy Management
  • Visual Systems Development

Why study MBA in IT in USA?

Currently, the information technology market is rapidly growing. Along with that, the demand for IT specialists is also increasing. In this scenario, an internationally recognised MBA in Information Technology degree from USA can make a student employable to many recruiters. The courses covered in an MBA in IT include Administrative Management, Financial Management, Data Administration and IT Strategy as well. These subjects train students in business management and IT simultaneously.

According to the Bureau of Labour Statistics or BLS, there is a chance of a 13% increase in IT positions between 2013 to 2030. MBA in IT graduates can get placements as IT Risk & Compliance Managers, Information Security Officers, IT Procurement Managers, Technical Services Managers and many more. The average salary tends to be around 78.24 lakhs INR per annum.

Planning to pursue MBA in UK? Click below and get detailed information about the process to study MBA in UK

MBA in IT vs CS vs IS

MBA programs come with a variety of specializations. Information Technology, Computer Science and Information System are 3 among many.

An MBA in IT program is a 2-year course which trains students in business and technology alongside. The idea is to combine the traditional business program with a touch of technology to train the students to manage IT systems and employees both.

MBA in Computer Science or MBA in CS is also a 2-year long course tying up the business program with fundamentals of computer science. This course is majorly popular among B.Tech. graduates who want to level up their careers with a business degree.

MBA in Information System or MBA in IS is related to the techno-management field. This course is of a 2-year duration as well and trains students for techno-management positions. In this program, students learn to solve day-to-day problems in an organisation and its IT systems.

MBA in Information Technology in USA Admissions

MBA colleges in USA generally accept applications throughout the year in the Fall (September), Spring (January) and Summer (May) intake. Fall and Spring are the major intakes as Summer intakes are not available in all MBA colleges in USA. The admission requirements are mentioned below.

Admission Requirements

  • Degree from any recognised university
  • Academic transcripts
  • GMAT or GRE test scores
    • GMAT: Average score 646
  • 2 to 3 years of work experience
  • Letter of recommendation (preferably 2)
  • English proficiency test score (TOEFL, IELTS etc.)
  • Statement of purpose

Also Read:

SOP for MBA in USA LOR for MBA MBA in USA without Work Experience

MBA in Information Technology in USA Fees

Tuition fees for an MBA in IT degree in USA can cost up to 49,913 USD (41.12 lakhs INR) per year. However, there are other cheaper options as well starting from only 12,589 USD (10.37 lakhs INR) per year.

Universities in USA Annual Tuition Cost (USD) Annual Tuition Cost (INR)
Florida Institute of Technology 16,128 13.28 lakhs
Virginia Commonwealth University 15,287 12.59 lakhs
University of Wisconsin-Milwaukee 49,913 41.12 lakhs
University of North Texas 12,589 10.37 lakhs
Southern New Hampshire University 22,572 18.59 lakhs
Rivier University 22,644 18.65 lakhs

Other Expenses & Cost of Living

Apart from tuition fees, students have to meet certain expenses for day to day living. Here is an estimation of the probable cost of living in USA.

Expense Type Average Costs (USD) Average Costs (INR)
Meals 500 0.41 lakhs
Accommodation 1,840 1.51 lakhs
Utilities & Internet 300 0.25 lakhs
Transportation 200 0.16 lakhs
Personal Expenses 400 0.33 lakhs
Entertainment 180 0.15 lakhs

Also Check: Cost of Studying in USA

MBA in Information Technology in USA Scholarships

The MBA in IT colleges in USA offer a few scholarships for international students as well granting up to 5,000 USD. Some of the scholarships are tabulated below.

Scholarships Grants (USD) Grants (INR)
VCU International Students Scholarship Up to 5,000 Up to 4.12 lakhs
UWM Non-Resident Scholarships for Masters Students 2,500 2.06 lakhs
Forte Fellowships Variable Variable
New International Student Scholarship by Southern New Hampshire University Up to 4,000 Up to 3.29 lakhs

Also Check Out: MBA Scholarships in USA

MBA in Information Technology in USA Job Opportunities

An MBA in IT degree can open up a variety of career opportunities to the graduates. Along with a career in management, students can opt for the analyst and data-related career options as well. Top recruiters like American Express, Tampa Electric, Tesla, Capital One, Pacific Gas and Electric Company and many more are offering Product Manager, Analytics Manager and Senior Associate roles to MBA in IT graduates. Some of the top career options for MBA in Information Technology in USA are mentioned below.

Technical Services Manager Lead Network Engineer Information Security Officer
IT Procurement Manager Business Transformation Director IT Risk & Compliance Manager
Security Analyst Data Communications Analyst Enterprise Systems Manager
IT Business Solutions Manager Data Architect Quality Assurance Director

Check Out: MBA Jobs in USA

MBA in Information Technology in USA Salary

MBA in IT graduates can earn as much as 177,000 USD (1.45 cr INR) annually. The expected minimum annual salary is around 83,200 USD (68 lakhs INR). According to Salary Explorer, the job profiles and their salaries are tabulated below.

Job Profiles Salary (USD) Salary (INR)
Technical Manager 135,000 111.26 lakhs
Network Engineer 83,200 68.57 lakhs
Information Security Manager 141,000 116.21 lakhs
Risk Manager 177,000 145.88 lakhs
Information Security Analyst 111,000 91.48 lakhs
Data Analyst 87.200 71.87 lakhs
Data Architect 95,800 78.95 lakhs
Quality Assurance Manager 159,000 131.04 lakhs

MBA in Information Technology in USA ROI

MBA in Information Technology in USA is known for its great return on investment. There are a number of universities that offer courses with low tuition fees. However, it doesn't impact the future job or salary of the graduates.

As an MBA in Information Technology in USA is in high demand, securing admission to one can be challenging. Students have to provide good academic scores, excellent GMAT scores and a minimum of 2 years of work experience to get a chance at admission.

MBA in IT in USA: College Comparison

Categories University of Wisconsin-Milwaukee University of North Texas Southern New Hampshire University
QS Ranking #1001-1200 #1001-1200 -
GPA 2.75/4.0 (83%) 3.5/4.0 (90%) 2.75/4.0 (83%)
GMAT 500 520-570 NA
TOEFL iBT 79 79 79+
Tuition Fee 49,913 USD 12,589 USD 22,572 USD
Average Salary 70,000 USD 66,000 USD 66,000 USD

Also check the following comparisons between the top universities offering MBA in USA.

MBA at Wharton vs MBA at Harvard Business School MBA at Chicago Booth vs MBA at HBS
MIT vs Harvard Business School MBA at MIT vs MBA at Chicago Booth

FAQs

Ques. Is there an MBA in Information Technology?

Ans. Yes. There is a specialisation in Information Technology in MBA. The course is known as MBA IT and is of 2 years duration.

Ques. What can I do with an MBA in Information Technology?

Ans. Graduates with a degree in MBA in Information Technology can choose their careers as Analytics Managers, Systems Managers, Data Processing Managers and many more.

Ques. Which country is best for MBA in Information Technology?

Ans. USA is one of the best countries for an MBA in Information Technology degree. The other preferable countries include UK, Canada and Australia.

Ques. Is MBA in Information Technology a good option?

Ans. MBA graduates with a specialisation in Information Technology have a great demand in the IT industry. As the candidates have an understanding of both business management and technology, they are more suitable for data management roles.

Ques. Can I do MBA in IT sector?

Ans. Yes. Few colleges in USA offer a specialization in Information Technology with MBA program. The course is of 2-year duration and combines business management skills and technical systems.

Ques. Who is eligible for MBA in IT?

Ans. Students with an academic score of around 80% in their bachelor’s program and a GMAT score of a minimum of 500 can apply for MBA in Information Technology in USA. International students also have to submit a TOEFL iBT score of a minimum 79.

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