Hey, good news if you are thinking about heading back to school for further degree studies.Ã‚Â It seems that techies who get business degrees are better able to overcome the communication gap between managers and worker-grunts.Ã‚Â The end result?Ã‚Â An MBA nearly doubles IT Pros’ salaries.
For years, IT professionals looking to increase their job security, expand their career horizons and potentially climb a couple pay grades have been told to take business courses or get an MBA, but the evidence to support these assertions has been little more than anecdotal.
Now, however, a study published in the March issue of “Management Science” from the University of Maryland’s Robert H. Smith School of Business finds that an IT professional with an MBA degree earns 46 percent more than one with only a bachelor’s degree, and 37 percent more than an IT professional with any other type of master’s degree.
Of course, that nearly doubles salaries thing doesn’t sound quite right when you read that the IT professional with MBA earns 46 percent more, does it?Ã‚Â So according to this study, the MBA nearly doubles IT Pros’ salaries, when 46% means 100%.Ã‚Â Still – a near 50% earnings benefit sounds pretty solid justification for the higher degree.
[tags]IT, Salaries, MBA, When +50% equals double?!?[/tags]