Organizations are only as successful as they are efficient. This is such of familiar truism of modern business that it's easy to overlook the fact that achieving efficiency is much harder in practice than it is in theory. Organizations are complex entities, consisting of many people, much technology, and loads of information.
Organizations interested in efficiently managing themselves often invest in a management information system, which, unlike the computer technology used by most of the organization's employees, is used to analyze the organization itself in its day-to-day operations.
"Management information system" has a strict definition that refers to the particular information methods that as a group apply either to automation or human decision-making. Because this represents the primary function of any management information system, versions of the system must be developed to deal with such critical elements of the organization's function as decision support, executive information, and expertise.
A field as specialized as a management information systems naturally requires a person of specialized skills and knowledge to work in it. After all, imagine the chaos that would ensue should the system malfunction. Management information system degrees are consequently some of the most eagerly sought after. And for good reason: as the person responsible for managing an organization's management information system, the smooth functioning - indeed, it's continued profitably - is in your hands.
With such weighty responsibility come significant salary demands. "Why do information system grads have great average earning potential?", a Yahoo! Education article asks, only to answer itself: "Perhaps because they are in demand." A glance at the average and mid-career potential earnings of a management information systems degree holder supports this notion. Starting salaries hover around $49,300, and mid-career that same degree-holder can realistically expect to haul in an attractive $87,100 a year.
A career in management information systems, then, is great work - if you can get it. Fortunately getting this work is reasonably possible. All you need do is secure the proper credentials, and you'll find that a robust job market awaits you.
This terrific news comes courtesy of none other than the U.S. Bureau of Labor Statistics which predicts healthy growth in the management information systems field to grow robustly for the next half-decade - at a rate of 17 percent, to be exact.
And exact is what you'll have to be should you wish to become a top-earning management information systems degree holder. But this shouldn't be too hard, because once you've completed your management information systems degree program, you'll have acquired the skills, knowledge, and mental discipline necessary to carry out your responsibilities with great confidence and brio.
Adding to your confidence will be the knowledge that not only will the management information systems field continue to grow, it will remain rather stable. This growth will come not in fits and starts, in other words, but through a steady progression that is for the most part inured to the sorts of economic shocks that so have so dramatically affected the financial and real-estate sectors. "Despite the ... downturn in the economy ... the outlook for computer and information system managers remains strong," predicts the Bureau of Labor Statistics (BLS), which goes on to offer a rather compelling reason for this rosy outlook: "In order to remain competitive, firms will continue to install sophisticated computer networks and set up more complex Internet and intranet sites. Keeping a computer network running smoothly is essential to almost every organization. Firms will be more willing to hire managers who can accomplish that."
And accomplish that you will soon after you put your management information systems degree to work for yourself. What does it take, though, to see to it that networks are kept running smoothly? "By their nature, [management information systems] draw upon a wide and growing range of concepts and techiques," writes Terence Lucey in his book, "Management Information Systems." Include in this range are:
These techniques and concepts may seem hopelessly abstract to you now, but once you embark on your management information systems degree program, they will become demystified as a matter of course. The immediate task before you is to select the level of management information degree program you'd like to enter - associate's, bachelor's, or master's. Perhaps you're interested simply in a professional certificate in this field. Whatever your aspirations, you can rest assured that a vibrant, exciting, and lucrative career in management information systems awaits you. All you must do is take the first step by requesting the appropriate information.