A Management Insights study (link to study press release) finds that IT professionals with MBAs earn 46% more than those with bachelor degrees and 37% more than those with other master degrees. Anything that increases pay this much is interesting. I'm certainly glad I have mine and believe it was very worthwhile.
I think there are probably 3 reasons for the finding:
1. Those who get MBAs have management aspirations and managers make more.
2. The trend of IT personnel holding H1s without MBAs and without management/higher pay aspirations. IT has grown this way without as many in management layers.
3. IT really is business oriented and to thrive, one needs to be very attuned to the business. MBAs help IT personnel understand that focus better. IT success is certainly very much more about the business than college made it out to be!
Posted March 24, 2008 9:56 AM
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