Thursday, June 19, 2008

Information Systems Management


The emergence of Information Technology (IT) /Management Information Systems (MIS) has left no part of business untouched; especially due to the growth of e-commerce and telecommunications.

The last few years have seen the emergence of Information Technology (IT) /Management Information Systems (MIS) as a major function of any industry, from being just a departmental function earlier. Indeed, no part of business is untouched by Information systems because of the growth of e-commerce and telecommunications.

Operations MBAs require IS in procurement roles. The marketing MBAs use market research, and segmentation to formulate strategies; Finance MBAs require IS in equity research and corporate finance and even HR MBAs require IS in Change Management consulting! This is the reason that more and more MBAs are taking up extra credits in Information systems and IT even if they major in some other subject. For people specializing in MIS, the career path is quite rosy, if skewed in favor of engineers and technical graduates. One can join as System Analyst, and then go on to Technical Systems Manager and ultimately on to Chief Information Officer (CIO).

Systems and Consultancy is almost synonymous with computers. Systems activity is a support function which is responsible for customized-development of IT solutions in all areas — from automating attendance punching to putting daily sales and distribution data online, to developing Enterprise Resource Planning solutions. Consulting is provided to organizations to devise strategies for new initiatives in IT, Marketing, HR, etc. In the IT Industry, the options could be Project Management in a software development company like Infosys and TCS or Sales and Marketing in IT companies like IBM, Wipro, etc.

An Engineer-MBA with a sound understanding of business concepts is seen as the best fit for the job of a project manager in software development, but a non-engineer is no disqualification either. For a successful Systems and Consulting career, you have to possess good analytical skills, be a good team-player and have an unending quest for knowledge.

Companies that usually recruit for Systems are:

IT Companies: SAP, Motorola, Satyam, HCL, TCS, Infosys, I2 Technologies, Wipro Infotech, Mindtree Consulting, etc.

Over the past one decade the thing that has most astonished people in terms of growth is the IT Industry, popularly referred to as “INFOTECH” or “SOFTWARE”. In all spheres of life, computers are becoming part and parcel of all human endeavors and a career in computers shows unmatched promise, potential and a veritable goldmine in terms of innovation.

India too, has not been far behind as far as “Software Development” or Infotech growth. With the Government’s policy of reforms in 1991, the entire Infotech market has seen a quantum leap. This has enthused job opportunities for computer-savvy individuals like never before. But these days a degree in Computers is not enough. Generally most industries seek graduates who have flair in both Management and Computers. For such people, the career is an MBA in Systems.

A major boom in the next five years is expected in the field of Internet related Electronic Commerce. In fact, most of the IT majors are concentrating on this area as it promises one of the highest growth rates due to the fact that India still has one of the lowest per capita PC penetrations. Once the boom starts, experts predict it would be mind boggling. In fact, several enterprising young people have started companies that are dabbling in E-Commerce already. Engineers are best suited for a specialization in Systems.

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