In a hyper digitalized world, data is one of the most valuable commodities. Indeed, data has now become the oil of the world. The world is creating data at an exponential rate. And as we continue to make more, the tech is becoming better at profiting from it.
In such an atmosphere, there is a need to re-evaluate how we view data. Nowadays, everything is data and information. Whether it is our behavioral patterns or our political leanings, everything we do is valuable for predictive technology.
But, raw data on its own is not useful. Only processed and organized information is worthwhile. And this is where information managers come in. They are the new favorites of recruiters. Therefore, it is an excellent time to consider working in this industry. However, it is not all that easy. Many forewarnings apply to your decision to choose information management as a possible career opportunity. All of this is overwhelming, especially when we consider tuition costs and other requirements. Fortunately, we have brought you a comprehensive guide on pursuing a future in this field.
What is Information Management?
A degree in Information Management (IM) studies the way people interact with technological processes from an organizational perspective. MIS focuses on both the software and hardware that can track data and eventually make it “actionable.” So, not only must it track the data, but it must also store and analyze it. The end goal of IM is to help leaders analyze their metrics for better business decisions.
How can someone get on the career pathway for IM?
This field is open to people from any background. Most universities enroll anyone with a related online education masters program degree. But, students must have a working knowledge of basic programming with critical thinking skills.
IM degrees are available at every hierarchy of the education ladder. Still, we would recommend enrolling in a graduate degree program. But, why? Because IM is an extensive subject, so it is difficult to cover it in two years alone. Furthermore, students must know how to adapt current technologies for different eventualities.
Undergraduate level programs have many general education courses such as English and Religion. Therefore, most bachelor’s degrees provide an overview of the fundamental topics and develop skill sets through core courses. Students learn the fundamentals of network security and systems management. They also develop communication and analytical skills.
Comparatively, graduate-level programs require a more technical approach to the subject. It is important to note that an MS in information management is different than a master’s in information management systems. The former has a more interdisciplinary approach to the subject, whereas the latter has a narrow focus on IM.
Some programs also offer the option to choose courses that align with your goals and interests. Therefore, you can pick and choose the field you eventually want. From finance to human resources, the world is your oyster!
How to enroll in a program?
Bachelors-level IM programs require a high school diploma or an equivalent degree. Furthermore, applicants must also attach their SAT or ACT scores with their application. Some universities ask students to write essays, personal statements, and fill questionnaires.
On the other hand, graduate-level programs require bachelor level degrees with a 3.0 GPA. Some schools have special rules for mid-career and early-career applicants. Mid-Career applicants must show at least five years of relevant work experience. Comparatively, early-career applicants must provide their official GRE and GMAT scores.
Should you get an online degree or a traditional one?
In an online world, everything is available on the web. Students can enroll in online degree programs for ease of learning and flexibility. Some online options are more affordable because they cut the housing and transportation costs of traditional programs. They are also helpful for people who work full time. However, not everyone is the right candidate for distance learning.
Individuals who are familiar with face-to-face interactions should not opt for a distance learning degree. The best thing to do before deciding on a program is to go through official university program rankings. Not only do these rankings tell you how valuable a degree is, but they can also predict the academic quality of each program.
Why should I get a degree in IM?
Businesses rely on tech to gain insights on employees and customers. As more companies move online, the demand for experts who can transform data into actionable information is increasing. Indeed, the Bureau of Labor Statistics predicts that demand for IM managers will increase by 11% within the next seven years. So, a degree in IM is an investment for your future.
Additionally, there are many options. They can work in a technical and administration position because their curriculum marries technical knowledge with management. The average salary for each role varies, but most of these jobs pay well.
What are some conventional jobs for graduates of IM degrees?
Because an IM is an interdisciplinary degree, IM graduates are vital to many firms. Most graduates usually choose five of the commonplace career paths.
- Computer Systems Analysts
They are in charge of the computer systems of an organization. Therefore they must research new tech and test the computer systems. They might also design new programs for their businesses. Their Annual Salary is approximately $90,920.
- Software Developer
It is the most popular career choice for IM graduates. Software developers design software for their users. They may also have to manage teams and perform routine maintenance checks on recent upgrades. The median salary is $105,590 per annum.
- Database Administrator
They store, manage and secure the data of different firms. They also have to make sure that the tech runs smoothly without any hitches. The annual salary is an estimated $93,750.
A degree in IM holistically applies the knowledge of systems thinking with strategic planning. Therefore graduates of IM programs have the potential to become strategic market leaders in information management. If this is something that interests you, then you might have a future in IM. Look through the IM programs at major universities to find the best fit for you.