Master's degrees in technology management are typically professional programs or concentrations in Master of Business Administration (MBA) programs. This program is often offered as an executive master's degree, designed to provide updated technology knowledge to mid-career professionals who have extensive experience in business. Schools may offer this degree program through their engineering, computer science, or business colleges, or with a specialization such as health services management or human resources. Some programs will also include internships as part of the curriculum, and others can be completed fully or partially online.
These 48 credit hour programs require students to have completed their bachelor's degree with a strong undergraduate GPA, as well as satisfactory GMAT scores, letters of recommendation with a personal statement, leadership experience, and at least a year's worth of internship experience in a related field.
Master's Degree in Technology Management
Many programs focus on strategies to keep current on new and emerging technologies and integrate them into businesses. Such technologies might be in fields like IT, nanotechnology, biotechnology, biopharm technology, or biomedical technology. Coursework blends business classes with computer science and engineering classes. Students learn about technology in a global context, because both technology and business markets are trending in that direction. Students can usually expect a combination of didactic and hands-on learning. Here are a few examples of class topics that may appear in master's-level curricula in technology management:
- Business development and technology strategies in business
- Global communication, markets, and economics
- Computer programming
- Software engineering
- Information security
Popular Career Options
Graduates of these programs are often well-positioned to secure one of the growing number of corporate positions that require both technical and business expertise. The following are examples of jobs a graduate might hold:
- Senior IT analyst
- Technology company entrepreneur
- Business and technology strategist
Employment Outlook and Salary Information
The U.S. Bureau of Labor Statistics (BLS) expects 15% employment growth for computer and information systems managers from 2014-2024 (www.bls.gov). As companies upgrade their systems and have a demand for information security, more technology managers will be needed. The BLS reported in May 2015 that computer and information systems managers earned a median annual wage of $131,600.
Continuing Education Information
While doctoral degrees in technology management are rare, technology management is sometimes available as a specialization in organization and management doctorate programs. These degrees typically require technology, computer science, and engineering classes in addition to business classes. Like most doctorate programs, these also have a heavy research requirement.
A technology management master's degree teaches students a variety of technical and business techniques and how they work together, allowing for numerous potential jobs. While doctoral degrees in technology management may be difficult to find on their own, some programs in other fields may have a technology management-related specialization for students wishing to further their education.