With the world of technology constantly growing, it goes without saying that this field is likely a lucrative job choice. Currently Management Information Systems (MIS) is one of the fastest growing sectors in the field of technology. Understanding the key components of a selected career is a vital consideration prior to entering any degree training program or line of work. A degree in Management Information Systems encompasses a wide variety of positions and opens a qualified individual up to fairly high salaries.
What Is Management Information Systems?
Combining the worlds of programming and computer science with that of business and management strategies, a degree in Management Information Strategies is often great for analytical individuals who are problem solvers and technology aficionados. The true heart of Management Information Systems is using an understanding of the recent developments in technology to change and adapt the way the world currently does business. This field requires a great deal of exploration and critical thinking; however, it also rewards involved individuals equitably. And, with the expectation for continued growth in technology and business, the necessity for individuals qualified with MIS degrees will only continue to grow. According to the U.S. Department of Labor, the job outlook for Management Information Systems is expected to grow by at least 18% over the next ten years.
Salary Potential
Individuals with an MIS degree can expect to earn anywhere between $50,000 and upwards of $120,000 depending on location, experience, and company size. The average salary for individuals with MIS degrees can vary greatly within this range, however. The median pay for Information Systems Managers as of 2010 was roughly $115, 780 per year with an entry level degree and five years of work experience. In comparison, though, an individual working in data communication or mobile networking may see a salary closer to $69, 000 a year.
Salary Variance
From database to management, the opportunities and payouts vary greatly for individuals in the Management Information Systems field. A degree in MIS qualifies an individual for a wide range of occupations including systems analysis, user support, consulting, training, programming, developing as well as others. Just as the opportunities differ, so do the associated salaries. The lower end of the spectrum is seated within the realm of network and computer systems administration, which still renders a sizeable nearly $70,000 per year, while the highest paying positions tend to be in computer systems design, finance, and insurance with individuals in these fields bringing in closer to $120,000.
A MIS degree is an effective starting point for a variety of careers in technology. Offering a great degree of earning potential as well as extensive selection in actual occupation, Management Information Systems is and will continue to be a key player in the global workforce. From entry level to seasoned experience, the salary garnered by a MIS degree is substantial and highly competitive.
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