What is Business Information Technology?

Business information technology professionals apply quantitative models and techniques through software programs to solve business problems and aid managerial decision-making. Below explains why so many companies are eager to hire business information technology degree graduates.

Why It Matters

There are many advantages of business information technology solutions. First, implementing better information technology systems and processes naturally increases efficiency. All companies are built on systematic processes, but many of these are slow, repetitive and wasteful. Customized computer systems can be enhanced and fine-tuned to perform these processes based on strict rules and business guidelines. Second, business information technology is more useful and relevant for employees.

Most employees are highly productive and intelligent, so they shouldn’t spend the
majority of their time performing menial or mundane tasks that computers can do much better. Automated tasks that are performed by information technology systems are more accurate, timely and trackable. Third, management makes better decisions because the power of big data analytics allows them to tap into large amounts of data that reveals financial analyses, customer preferences and industry trends, according to IBM.

Business Information Technology Degrees

More and more companies are realizing that they must streamline processes in order to remain efficient and competitive. A business information technology degree integrates two factors that are critical to a successful company: internal knowledge and information technology expertise. Students learn about everything from finance to operations to marketing. During their first two semesters, students will learn about common topics like computer systems, web databases, human-computer interactions and basic management principles.

During the final semesters, students will learn skills that will save their future employers money. Classes on corporate strategies extend the students’ understanding of strategic planning and management techniques. Students are introduced to a wide a range of contemporary issues associated with the implementation of business strategies, such as resistance to change, and group building challenges. Students study topics related to networking, data mining, web development and project management.

Degree Concentrations

There are actually a few traditional degrees that are similar to business information technology. For example, a decision support systems specialization is the most popular degree option because it focuses on teaching students how to develop systems that will help managers solve real-world problems. Computer systems that are developed to solve business problems require the use of advanced mathematical models, so students must understand algebra, calculus and statistics.

Some schools offer specializations in operations management. Class topics include quality control, enterprise planning, process improvement and supply chain management. Still, some colleges offer business information technology specializations that focus on accounting information systems. These students learn computing and information technology classes related to corporate accounting systems. They often emphasize internal controls, systems assurance, enterprise planning and risk management. These degrees focus on the development of systems and business applications that guarantee financial transparency, organized databases and superior security controls.

Related Resource: Become a Financial Manager

When it comes to the employment opportunities for business information technology graduates, there is work to be found in banks, hotels, schools, hospitals, manufacturing firms, system development companies and government agencies.