The field of technology economics and management handles creating revolutionary solutions to age-old problems and introducing creative and innovative solutions to various problems in virtually every field, from healthcare to entertainment to education. Technology managers are responsible for utilizing the available technology in order to create new products that will best suit a customer’s needs. In addition to overseeing research & development, managers in the field of technology management are responsible for quality assurance, marketing, resource allocation & management and a number of other administrative functions. Technology management degrees aid individuals to assume important roles in the ever-evolving world of information technology. In fact technology managers are a major requirement for all major organizations as the role of technology is increasing by the day in forms of businesses. To avail exciting opportunities in this field students can look for bachelors, associate or master level degrees. Certificates are a viable option for those who want to gain knowledge about a certain part of the field in a relatively short period of time.

Some of the core areas of study in technology management are decision analysis, statistics and managing research and organizational behavior Students and professionals from almost any field, with nearly any type of undergraduate degree can enroll in a Master of Business Administration degree with a technology economics management specialization. Prerequisites consist of a four-year bachelor’s degree with relevant experience in a field of your choice. The MBA of technology management combines courses such as business law, corporate responsibility, financial management, environmental management and occupational safety with courses in entrepreneurship, product development and testing, systems engineering, technology strategy and human resource management. Together, these courses focus on giving you the ability to make a difference in the world by managing various technologies and introducing innovative approaches to social, environmental and technological issues.