Note To IT Professionals: Get An MBA!
Source: University of Michigan (Ross)
An IT professional with an MBA degree earns 37 percent more on average than one with any other master's degree, according to a study by M.S. Krishnan, professor of business information technology at the Ross School of Business. In addition, IT professionals holding MBAs earn 46 percent more than those with just a bachelor's degree. "The moment you complement technical skill with business knowledge, that's when you become more valuable inside an organization," says Krishnan. "As digitization permeates every aspect of business, there's going to be a premium going forward for people who understand both business and how technology can enable new business models."