4 Information Management Careers

Information management drives the business world. Businesses large and small generate an incredible amount of digital information, and it’s up to informational managers to collect, store, and manage this data in an efficient manner. Future business professionals who pursue a master’s of business administration through the New Jersey Institute of Technology will find that the program prepares them for careers in information management, as it focuses on refining management and leadership skills and exploring techniques and strategies related to managing technology and information systems. There are a host of career specializations available to MBA graduates within the information management field that can give them the opportunities to put their advanced technical skills to use.

Computer and Information Systems Manager

Information technology holds a significant place within many organizations. Businesses need computer and information technology managers to properly oversee their computer-related activities. An information systems manager’s main responsibilities include analyzing a company’s digital needs and offering guidance concerning which systems and upgrades would fulfill these requirements. They are present in every step of the process, including setting up computer systems, maintaining hardware and updating software. They are also called on to address the costs and benefits of new projects, justify funding to executives, and determine an organization’s long-term goals. Managers are required to work with and direct other IT professionals, such as computer support specialists, security analysts, software developers, and other vendors. Companies in a slew of competitive industries have well-established IT departments and are in need of competent computer and information systems managers. The Bureau of Labor Statistics projects an estimated 15 percent growth rate in the industry from 2014 to 2024. The average salary in 2015 was $131,600.

Information Management Specialist

An information management specialist is responsible for maintaining and managing company data, archives and records, while providing support for the access of this information throughout an organization. As an integral member of the IT team, the information management specialist has the important job of assessing and identifying a company’s information assets. They are responsible for collaborating with other managers to determine how these valuable assets should be managed and stored throughout their life cycle. Government organizations and large corporations with vast amounts of valuable information commonly hire these specialists. The average salary for an information management specialist is approximately $72,000.

Business Analyst

The role of a business analyst involves studying and evaluating the operations of an organization with the goal of streamlining procedures to increase efficiency and performance. A business analyst must be able to focus on the day-to-day details while also collaborating with system managers to envision a company’s big picture and long-term business goals. Their position within an organization calls for them to work with management and senior level executives to communicate the current status of the company’s procedures, report inefficiencies and ineffective practices and devise new systems to improve the organization’s IT efforts. During the implementation of new processes, the business analyst works with computer and information technology departments to ensure proper adoption. Companies in many different industries, including nonprofit organizations and government agencies, often seek external consultants for this position. Some analysts may review all aspects of a company, while others may focus on specialized fields. The salaries for these positions vary depending on experience, ranging from $60,000 for entry-level jobs and up to $175,000 for business development director positions.

Chief Information Officer

A senior level position for computer and information technology managers is the chief information officer (CIO) position. They are at the top of the organizational pyramid and are responsible for overseeing information technology projects and ensuring the organization is on the right path towards reaching their goals. They are generally not involved in every aspect of the implementation process, but tend to focus more on big picture issues. In larger companies, the CIO is the top authority while IT managers handle the majority of daily tasks. They are responsible for communicating with the other senior level executives of an organization, providing industry knowledge, sales support and marketing insights. These positions require an ample amount of experience and are quite demanding. As more companies realize the need for larger capacity IT departments, there will be a greater need for competent CIOs. As of March 2017, the salaries for a CIO range from $92,000 to $271,000.

Careers in information management will continue to see a rise as the need increases for organizations to develop and expand their digital information platforms. Managers, specialists and CIOs are a necessary part of a company’s IT department. Professionals with an expertise in maintaining, organizing, and distributing vital company information will only continue to be in high demand.

Recommended Readings:

Sources

https://www.bls.gov/ooh/management/computer-and-information-systems-managers.htm#tab-2

https://careers.state.gov/work/opportunities/vacancy-announcements/ims/

http://www.payscale.com/research/US/Job=Chief_Information_Officer_(CIO)/Salary

http://www1.salary.com/Business-Analyst-Salary.html

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