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An understanding of both commercial and technical skills is crucial in the relatively young discipline of technology governance. With the use of technology, firms can compete practically in any market. Technology can have a direct impact on business success in a number of different ways. Large volumes of data and inventory must be stored as businesses expand. Technology allows for the automation of this process, increasing production and decreasing expenses. In order to protect the integrity of their business, the supervision of technology also enables organisations to encrypt information at multiple levels. A competitive company model increases the requirement for efficient handling of technology.
For those who are interested in exploring technology management and building a career in it, there are a plethora of online technology management courses. Offered by various online educational platforms and reputed institutes, the technology management courses can help you to acquire the knowledge needed for the industry out there.
What is technology management?
It is the handling of the utilisation of technology for human benefit. It can be described as a combination of management techniques such as organizing, developing, optimising, executing, and regulating technological product operations and applications that enable companies to control their technical foundations and gain a competitive advantage.
Who can take Technology Management Courses
Individuals who are interested in the technological or managerial sectors can enrol in these technology management courses. Technology management courses promote corporate management and also demonstrate how technology affects operational and strategic goals.
Eligibility Criteria for Technology Management Courses
Each college provides a set of requirements for admission into technology management courses that students must meet. Students would be admitted to that college after meeting these requirements. The following is a list of some requirements for technology management courses in India:
- SC/ST students are given a 5% exemption from their requirements.
- Candidates should be proficient in both writing and communication; they should be able to express themselves both orally and in writing.
UG-level Technology Management Courses
Candidates must have completed their 10+2 or the equivalent from a recognised board with a minimum grade of 60% in order to be admitted to technology management undergraduate courses.
PG-level Technology Management Courses
Candidates must hold a bachelor's degree from a reputable university or institution for admission into postgraduate technology management courses.
Entrance Exams for Technology Management Courses
Entrance tests are typically used in the admissions process for technology management courses. Students who pass the entrance exams must then show up for in-person interviews at the institution or institute of their choosing. The list of entrance exams for technology management courses is provided below.
- CAT (Common Admission Test)
- MAT (Management Aptitude Test)
- XAT (Xavier Aptitude Test)
- CMAT (Common Management Admission Test)
Skills Required For Technology Management Courses
To succeed in the business world, managers of technology operations must possess a few key abilities. Some of the necessary abilities are listed below:
- Critical Thinking
- Active Listening
- Problem-Solving Skills
What Will You Learn in Technology Management Courses
The expertise and abilities needed to handle peers in the IT sector are imparted in the curriculum of technology management courses. Technology management courses emphasise technical skill development. It involves various aspects such as marketing, accounting, finance, various C-level management roles, new business ventures, cybersecurity, data management, analytics, digital and business transformation, and so on. The following concepts will be addressed in the technology management courses:
- Employment relations and labour regulations
- Organisation growth and team formation
- Assessment and monitoring of technology
- Supervision of production and operations
- Business Information Technology
- Foreign Trade and Effective Partnerships
- Control of transformation and leadership
- IT governance and risk management
- Careful technology planning
- Supply chain administration
- Marketing of technology
- Technology operations
Popular Online Technology Management Courses and Certifications
IIT Ropar offers an online technology management course. Content is delivered with video and text-based materials in a virtual classroom. The institute provides the technology management certificate online after the successful completion of the program. Check out the further details of the course below:
Online Postgraduate Professional Development Program in Corrosion Management and Technology
Career Opportunities After Technology Management Courses
There are numerous potential jobs in the technology sector for those who pursue technology management courses. Several tech-focused sectors include nanotechnology, sustainability, telecommunications, and energy regeneration. Companies that hire candidates for supervising technology include consulting firms, insurance and financial institutions, academic institutions, healthcare organisations, and many more. Employment can be found in a variety of industries, including network infrastructure, internet connectivity, information security, system development, software sales, and IT consulting. Some of the career options available after the technology management courses include:
Salary Trends After Technology Management Courses (in India)
The salaries vary according to the roles, the companies they work for, and their expertise. Interested candidates can acquire the necessary abilities and knowledge by enrolling in the relevant programs. The average Indian packages for some of the profiles available after the technology management courses are tabulated.
Rs. 20.3 lacs p.a (approx.)
Computer Systems Analyst
Rs. 7.2 lacs p.a (approx.)
Rs.12 lacs p.a (approx.)
Rs.9 lacs p.a (approx.)
Chief Technology Officer
Rs. 36 lacs p.a (approx.)
*Source: Ambition box
Scope of Technology Management Courses
People who have enrolled in technology management courses in India can hold a range of jobs for hardware or software companies where they can be in charge of managing the development of current systems or designing and developing new programmes. The financial sector offers opportunities to safeguard privacy and data security. There is scope in the government sector too, where the focus is on enhancing technological efficiency or cybersecurity. Sales and marketing also provide opportunities where individuals need to utilise their abilities to sell IT products. The scope is in the criminal justice industry, where they could help with processing evidence or cybercrime investigations.
Explore Major Course Providers
There is a promising future ahead for candidates with strong skills in managing technology who can also quickly adapt to new technology. A lot of companies are on the lookout for these people. Some of the hiring organisations seeking employees include:
Explore Popular Certification Specializations
Technology Management Courses by Top Providers
Well-known firms like Coursera and IIT Ropar offer online technology management courses. The technology management certifications offered by Coursera include Strategic Technology Management from the University of Illinois at Urbana-Champaign; New Technologies for Business Leaders from Rutgers State University; Information Systems Auditing, Controls, and Assurance from the Hong Kong University of Science and Technology; and so on.
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Q) What significance does technology management play in a company?
Ans: An effective technique for evaluating technology needs as well as functionality is through technology management, which enables an organisation to precisely examine the price and usage of various IT services.
Q) What is the purpose of technology management?
Ans: The objective is to create an extensive technology strategy for the entire firm that strikes a balance between commercial judgement, technological proficiency, and technological investment. To create a thorough plan, IT managers, business-unit managers, and top executives of the company must work together.
Q)What advantages does technology management offer?
Ans: One of the few advantages of technology management is the provision of a clear methodology for IT evaluation and management, the execution of a framework for handling IT as a business, the coordination of the value of new IT investments to the business, and so on.
Q) What kind of technology is crucial to business?
Ans: Computers, internet systems, printers, mobile devices, and software programmes that aid in task organisation and prioritisation are among the technology resources used by employees. Business technology can also aid in job division by setting distinct goals for each person to simplify more difficult activities.
Q) What are the entrance exams required for admission into technology management courses?
Ans: CAT (Common Admission Test), MAT (Management Aptitude Test), XAT, NMAT, and CMAT (Common Management Admission Test) are the entrance exams required for admission into technology management courses.
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