Many schools offer high-tech MBA programs that teach students to integrate new technologies into standard business practices. Students usually must have a bachelor's degree and several years of professional business experience. Many of these programs can be completed entirely online and may even allow students to collaborate online with other students on group projects.
Most MBA programs include courses in business fundamentals, such as business law, as well as the use of new technology in marketing and manufacturing. Students learn to plan market strategies and analyze consumer behavior.
Emerging technologies continue to revolutionize business and companies need managers who can lead in changing environments. A high-tech MBA program can give prospective managers an edge in our rapidly evolving economy. Many schools offer high-tech MBA programs in online formats. MBA programs with technology focuses teach traditional business concepts, such as management, marketing and economics, but tailor these concepts to the high-tech environment.
Any student with an interest in online high-tech MBA programs might also consider pursuing an information technology degree or an MBA in Strategic Management, since such programs can examine similar principles.
Program Format and Delivery
Most online MBA programs are designed to be flexible, and many students complete their degrees within two years. It is possible to find some programs that are offered completely online. The curriculum may be delivered through podcasts, video lectures and online discussion groups. Students can communicate with professors through email, online chat or phone. Virtual group projects may also be required. Anyone with an Internet connection and word processor could consider these programs.
A typical high-tech MBA curriculum emphasizes practical applications for technology in business environments. Communication skills, networking and ethics are also focal points. Core coursework often involves technology commercialization, marketing analysis and high-tech entrepreneurship.
The commercial potential of new technologies, processes and products is examined in this course. Students learn concepts of strategic assessment, marketing, manufacturing and innovation management.
Students learn to evaluate market trends and understand buyer behavior. Competitive positioning and differentiation when planning marketing strategies is also emphasized.
Business plan development and various commercialization approaches for technology are covered in this course. Technology management skills are sharpened through the use of case studies.
Students who complete an online high-tech MBA program may be qualified for a wide range of executive and managerial positions. Some positions held by MBA graduates include chief executive officer, chief financial officer, chief informational officer, general manager and operations manager.
The U.S. Bureau of Labor Statistics (BLS) projected a 6% increase in employment of top executives, from 2014-2024 (www.bls.gov). The advanced technical knowledge gained while completing an online high-tech MBA program should give graduates an edge in filling upper-level positions. As of May 2015, the BLS reported an average annual salary of $185,850 for chief executives.
Continuing Education Information
Managers and executives are given further training opportunities throughout their careers. For example, they may attend seminars and conferences, or they may participate in training programs offered by their companies or by professional organizations. The Certified Manager (CM) credential offered by the Institute of Certified Professional Managers is another option that can help further develop management skills. Those who would like to earn this credential must complete training and pass an exam.
Online MBA in High Tech programs provide the same advanced business coursework as other MBA programs, but they focus specifically on using technology to maximize business performance. Because these programs are offered entirely in a distance format, students watch lectures, submit assignments and collaborate with classmates in a virtual classroom environment.