advantages and benefits of mis in your career

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A PowerPoint outlining the career advantages and benefits of studying Management Information Systems (MIS)

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Page 1: Advantages And Benefits Of MIS In Your Career

Advantages and Advantages and Benefits of MIS in Benefits of MIS in

Your CareerYour Career

www.strategic-services-aust.com www.strategic-services-aust.com

Page 2: Advantages And Benefits Of MIS In Your Career

MIS as a MajorMIS as a Major

Here are just a few of the advantages of making MIS Here are just a few of the advantages of making MIS your major:your major:

• Global trend of increasing amounts of Computer related Global trend of increasing amounts of Computer related positions and knowledge of information systemspositions and knowledge of information systems

• Above average salaries compared to most business majors, Above average salaries compared to most business majors, with many top level positions availablewith many top level positions available

• One of the fastest growing sectors for creation of new job One of the fastest growing sectors for creation of new job positions in the worldpositions in the world

• Ability to work in many different industriesAbility to work in many different industries• Opens doors to multiple types of jobs, many of them high-Opens doors to multiple types of jobs, many of them high-

levellevel• Gives you the skills and training with new technology to Gives you the skills and training with new technology to

ensure your job skills are in demand in the workplace, and ensure your job skills are in demand in the workplace, and are not outdated are not outdated

Page 3: Advantages And Benefits Of MIS In Your Career

The Changing Structure of JobsThe Changing Structure of JobsIncreasing amounts of computer and information

systems jobs are being created, while traditional jobs are quickly diminishing

Page 4: Advantages And Benefits Of MIS In Your Career

Growth in MIS jobsGrowth in MIS jobs

IT Jobs in Canada

• The Conference Board of Canada recently estimated that there will be 58,000 new jobs available in Canada’s IT sector in 2008.

• Currently, there are about 600,000 people employed in IT in Canada with about 250,000 in high technology firms (e.g., Nortel, Research in Motion) and the rest in all kinds of organizations – including government, businesses, healthcare, and education. (ComputerWorld Canada, 05 Dec 2007)

Page 5: Advantages And Benefits Of MIS In Your Career

Growth in MIS JobsGrowth in MIS JobsGrowth Rates of MIS-focused Jobs

• The U.S. Bureau of Labor predicts a 10% increase in jobs from 2006 – 2016

• They predict much higher rates for MIS focused jobs such as network systems and data communications analysts (53.4%), computer software engineers (44.6%), computer systems analysts (29.0%), and database administrators (28.6%). (http://www.bls.gov/news.release/ecopro.nr0.htm)

Page 6: Advantages And Benefits Of MIS In Your Career

Managerial MIS WagesManagerial MIS Wages

OccupationOccupation EmploymEmploymentent

Annual Mean Annual Mean WageWage

Hourly Mean Hourly Mean WageWage

Annual Median Annual Median WageWage

Marketing Marketing ManagersManagers

165240165240 113400113400 50.1950.19 104400104400

Sales ManagersSales Managers 322170322170 106790106790 45.6345.63 9411094110

Computer and Computer and Information Information ManagersManagers

264990264990 133880133880 51.9651.96 108070108070

Financial Financial ManagersManagers

484390484390 106200106200 45.8245.82 9531095310

Human Resource Human Resource ManagersManagers

5810058100 9981099810 44.5744.57 9271092710

Industrial Industrial Production Production ManagersManagers

152870152870 8755087550 42.0942.09 8056080560

Managers, othersManagers, others 356690356690 9199091990 41.6741.67 8268082680

http://www.bls.gov/data/home.htm

US Department of Labour, Bureau of Labour Statistics, May 2007

Page 7: Advantages And Benefits Of MIS In Your Career

Other MIS-Focused Jobs’ WagesOther MIS-Focused Jobs’ Wages

OccupationOccupation EmploymentEmployment Hourly Mean Hourly Mean WageWage

Annual Mean Annual Mean WageWage

Annual Median Annual Median WageWage

Human ResourcesHuman Resources 211770211770 27.2827.28 5674056740 5428054280

Business Operations Business Operations SpecialistsSpecialists

10176401017640 29.8829.88 6214062140 5709057090

Accountants & Accountants & AuditorsAuditors

11150101115010 30.3730.37 6318063180 5706057060

Financial ExaminersFinancial Examiners 2551025510 35.3635.36 7355073550 6667066670

Tax Examiners, Tax Examiners, Revenue AgentsRevenue Agents

6575065750 24.7624.76 5151051510 4692046920

Management Management AnalystsAnalysts

499640499640 38.6838.68 8046080460 7115071150

Computer Computer ProgrammersProgrammers

394710394710 34.6234.62 7201072010 6808068080

Computer Systems Computer Systems AnalystAnalyst

464440464440 36.4836.48 7589075890 7309073090

Database Database AdministratorsAdministrators

116340116340 33.7833.78 7026070260 6725067250

Network Systems Network Systems AnalystAnalyst

216050216050 34.0234.02 7076070760 6822068220

US Department of Labour, Bureau of Labour Statistics, May 2007

http://www.bls.gov/data/home.htm

Page 8: Advantages And Benefits Of MIS In Your Career

Projected Growth Rates of MIS Projected Growth Rates of MIS JobsJobs

US Department of Labour, Bureau of Labour Statistics, May 2007

http://www.bls.gov/data/home.htm

Page 9: Advantages And Benefits Of MIS In Your Career

MIS: A Well-rounded CareerMIS: A Well-rounded Career

Money Magazine and Salary.com surveyed 26,000 Money Magazine and Salary.com surveyed 26,000 workers about their job satisfaction and grading workers about their job satisfaction and grading careers based on factors such as stress level, flexibility, careers based on factors such as stress level, flexibility, creativity and ease of entry into and advancement creativity and ease of entry into and advancement within the field.within the field.

77thth best job in America is Computer/IT Analyst best job in America is Computer/IT Analyst

http://www.salary.com/sitesearch/layoutscripts/sisl_display.asp?http://www.salary.com/sitesearch/layoutscripts/sisl_display.asp?filename=&path=/destinationsearch/par500_body.htmlfilename=&path=/destinationsearch/par500_body.html

Page 10: Advantages And Benefits Of MIS In Your Career

Industries with Many MIS JobsIndustries with Many MIS Jobs

Positions available in many sectors including:Positions available in many sectors including: - InsuranceInsurance

- EnergyEnergy

- Finance Finance

- Consulting Consulting

- Public AccountingPublic Accounting

- AerospaceAerospace

- Information TechnologyInformation Technology

http://www.ait.unl.edu/siau/marketing-mis/Attachment%204.pdfhttp://www.ait.unl.edu/siau/marketing-mis/Attachment%204.pdf

Bentley http://www.bentley.edu/cis/Bentley http://www.bentley.edu/cis/

Page 11: Advantages And Benefits Of MIS In Your Career

Career Opportunities in MISCareer Opportunities in MIS

Some of the most common positions available in Some of the most common positions available in MIS include:MIS include:

• Business Analyst Business Analyst • Systems AnalystSystems Analyst• Database DesignerDatabase Designer• Database Administrator Database Administrator • Security OfficerSecurity Officer• Network AdministratorNetwork Administrator• Project Manager Project Manager • Even CIO. Even CIO.

• Mark A Gill, Ph.D. College Business, University of LouisvilleMark A Gill, Ph.D. College Business, University of Louisville• http://www.ait.unl.edu/siau/marketing-mis/Attachment%201.pdfhttp://www.ait.unl.edu/siau/marketing-mis/Attachment%201.pdf

Page 12: Advantages And Benefits Of MIS In Your Career

MIS as a MinorMIS as a Minor

Don’t think MIS will apply for your major?Don’t think MIS will apply for your major?Think Again!Think Again!

MIS not only compliments any other major, but also strengthens MIS not only compliments any other major, but also strengthens your overall capacity for career growth: your overall capacity for career growth:

Accounting + MIS = IT Auditor, systems auditor, or ERP Accounting + MIS = IT Auditor, systems auditor, or ERP consultantconsultant

Marketing + MIS = Marketing Analyst or CRM AnalystMarketing + MIS = Marketing Analyst or CRM Analyst

Finance + MIS = Technology Analyst, Financial Systems AnalystFinance + MIS = Technology Analyst, Financial Systems Analyst

http://www.ait.unl.edu/siau/marketing-mis/Attachment%205.pdfhttp://www.ait.unl.edu/siau/marketing-mis/Attachment%205.pdf

Page 13: Advantages And Benefits Of MIS In Your Career

Get the Necessary Skills and Make Get the Necessary Skills and Make More!More!

Help develop essential computer and IT related Help develop essential computer and IT related skills necessary for almost any major: skills necessary for almost any major: More and more jobs have a large computer or IT More and more jobs have a large computer or IT component component

7 out of 10 fastest growing professions in 2004 -2014 7 out of 10 fastest growing professions in 2004 -2014 (according to US Department of Labour) are in IT (according to US Department of Labour) are in IT

http://data.bls.gov/oep/noeted/empoptd.jsphttp://data.bls.gov/oep/noeted/empoptd.jsp

IT related jobs have higher paying salaries:IT related jobs have higher paying salaries:

Meta Group concluded that IT profession pays an average Meta Group concluded that IT profession pays an average of 20% more than non-IT professions of 20% more than non-IT professions

http://www.gartner.com/http://www.gartner.com/

Page 14: Advantages And Benefits Of MIS In Your Career

Interested in Project Interested in Project Management?Management?

MIS is the only department at the school of business MIS is the only department at the school of business that offers courses on project management:that offers courses on project management:MIS courses create an excellent introduction into project MIS courses create an excellent introduction into project management, including a course designed specifically to management, including a course designed specifically to help students build their project management skills. (MIS help students build their project management skills. (MIS 424 – Introduction to Project Management)424 – Introduction to Project Management)

MIS courses give you an opportunity to try out an actual MIS courses give you an opportunity to try out an actual project from start to finish, with real companies. Some project from start to finish, with real companies. Some courses even offer the chance to try projects for accounting, courses even offer the chance to try projects for accounting, operations, or sales. (MIS 413 - Systems Analysis and operations, or sales. (MIS 413 - Systems Analysis and Design, MIS 419 – Systems Development using Advanced Design, MIS 419 – Systems Development using Advanced Software Tools)Software Tools)

Page 15: Advantages And Benefits Of MIS In Your Career

Development of Technology Skills Development of Technology Skills and Knowledgeand Knowledge

• MIS can help develop technology skills that are in high MIS can help develop technology skills that are in high demand by employersdemand by employers

• MIS offers training in software programs like: Access, MIS offers training in software programs like: Access, SharePoint Designer, Oracle, Visio, PowerPoint, and SharePoint Designer, Oracle, Visio, PowerPoint, and ProjectProject

• Don’t find yourself caught off guard or behind the 8 ball by Don’t find yourself caught off guard or behind the 8 ball by unfamiliar technology in your workplace. unfamiliar technology in your workplace. Technology is Technology is being used by more and more companies as a strategic being used by more and more companies as a strategic advantage – employers are looking for employees who are advantage – employers are looking for employees who are familiar with the technologyfamiliar with the technology