Why Tech Companies Hire MBAs
What do Google, Apple, and Amazon all have in common? Besides being a few of the leading technology companies in the world, all three were in the top five most desired employers by business students, according to a 2017 report by market researcher Universum.
The rise of business professionals working in technology makes sense. Because it is one of the fastest-growing and evolving industries in the country today, technology touches almost every aspect of business. Additionally, businesses in any sector benefit from putting new technology to use to create new products, increase efficiency, and innovate. All this innovation is for nothing, of course, without the proper talent to market and sell these big ideas. That's where MBAs come in.
Put simply: Technology needs management.
It should come as no surprise that, according to a study by Poets & Quants, the number of MBAs headed into the technology industry is on the rise, with an overall increase of 4.71% in 2016.
An MBA program teaches you critical business and analytical skills so you can recognize what will perform well in the marketplace. For example, as a product manager or business development strategist, your job may be to analyze consumer behavior data and draw strategic insights to determine key opportunities for growth. MBAs also commonly fill out finance, operations, and sales roles in technology companies.
An MBA will also help you gain a broad business acumen that allows you to understand general management. Combined with highly sought-after tech skills – which you will gain with ITU's technologically focused curriculum – you'll be able to creatively implement business solutions, as well as bridge the communication gaps that exist between IT, business, and consumers.
Accredited by the Accreditation Council for Business Schools and Programs, ITU's Master of Business Administration will empower you to make an extraordinary impact in the business world. Whether you choose to make your mark at a Silicon Valley firm or start your own venture, our industry-backed education will help you unlock your career potential.