With the rapid evolution of world dynamics, the face value of degrees in education also keeps changing. In the past, there was a selected bunch of degrees that were considered valuable in the long run. Now, the paradigm shift is giving way to numerous new branches that are beneficial in multiple areas. One of those is the MIS (Management Information System).
Is an MIS Degree Worth it?
An MIS degree is a unique mixture of computer sciences and business administration.
MIS and Computer Sciences:
MIS links with Computer Sciences as it focuses on the application of cutting-edge technology in business. It uses the information and knowledge of computer networking and operating systems to make useful professional operating systems.
MIS and Business Administration:
MIS is associated with Business Administration as they both deal with decision making, strategic planning, organization productivity, and performance.
When both of these combine, it creates a robust program that is multi-faceted and enriched in its content.
Differences between MIS and CS:
Management Information System
It is the study of technology, organizations and the relationship between them.
It is the study of computers and their systems concentrating on their programming.
It mainly focuses on finance, economics, organizational issues etc.
Major courses are software design, computer programming, architecture design etc.
It is a degree of technological applications.
This is a degree of machines and systems.
Pros and Cons
Every field has its pros and cons, and one should decide what to study after carefully evaluating these. Some of them are as follows:
Being a diverse degree program, it provides endless exploration opportunities. Be it business administration, computer science, or information technology, the provision of facilities in multiple dimensions is something worth pursuing. You become proficient in every technological domain and can get jobs in those fields too.
When you complete a degree, it provides you with a growth mindset, and you start working with a broadened vision. You have a progressive approach, and you are ready to face challenges in multi-dimensional career paths.
It teaches you a combination of computer sciences and business administration and provides you with a business-oriented thinking style. You are ready to think beyond codes and operating programs and start working on strategies, planning, implementation, and execution with a large team and organization.
Lack of Growth Mindset:
A growth mindset is very vital in this degree. If you have a fixed mindset and do not believe in growth and development, this is not your area. A fixed mindset makes you stagnant. Stagnancy will reduce the chances of future job prospects as well. One needs to be a learner to make their way forward in this dimension.
High Fee Structure:
Completing a degree in MIS isn’t budget-friendly for many of the students. Top-notch universities charge a lot for this degree program. This is a hindering factor for many of those interested in studying MIS.
Long Degree Completion Time:
The average amount of time for completing a degree in the Management Information System is 3-5 years. It’s often quite an obstacle to complete the degree while staying productive. The reason for this is the high number of projects and courses included in the degree.
A study by the United States Bureau of Labor Statistics in 2019, the median salary of a person having a degree in MIS was $146,360 per year. Job growth in the field will also rise with an average of 10% from 2019-29. Surveys show the importance of this degree in the future.
Another study concluded the highest employment rates in this area as well as the wages they are earning.
Research conducted in September 2020 on the top 20 bachelor’s degrees in the United States by mid-career pay 2020/21 showed that degree in operations and information systems management is making its way towards the top. The mid-career salary of opting for a career in this field is 125,100 $.
There are countless opportunities in the field of MIS. One can be a web developer using the knowledge of program development. Business Intelligence Analyst is another promising career path in which a person works on assessing business strategies. They do so by combining their understanding of business management and technology.
Two other main jobs are in the technology department. Those jobs are as the technology project manager and project coordination. The job description involves managing projects in the light of computer analysis, data analysis, scrutinizing the systems, projects for the business, and training staff.
Cybersecurity is becoming an emerging trend in society. Another flourishing job related to an MIS degree is as a cyber-security consultant. A cyber-security consultant analyses the computer systems of an organization to keep them safe from cyber threats.
Other fields where this degree can be beneficial are aerospace, finance, health care, and manufacturing.
Universities offering a Degree in MIS:
1. Colorado State University:
2. University of Maryland University College:
3. Washington State University:
4. Florida Atlantic University:
A degree in MIS seems most suitable for those who are ready to explore new areas. However, people who are not fully informed about this field may get confused about the possible career paths. They consider it to be a worthless field and think that only a degree in Computer Science or Engineering comes in handy for any future goals. If you look at it from an exploration point of view, with a multi-dimensional approach in mind, then MIS is the best degree. The degree you should choose depends on your perspective of information and management systems and how interested you are in pursuing it.