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What Can You Earn if you Study to be an IT Business Manager?

BursarBusiness management is a very popular area to go into in today’s job market. A business manager is a role that is common across industries, including in the world of IT. If you love IT, and you think you have a head for people management and business analysis, then becoming a business manager in the IT field may be the perfect career path for you.

If you want to work in the IT sector then it’s a good idea to have some sort of grounding in IT as well as a qualification in business management or analysis. If you already work in IT then gaining a business management qualification can be an excellent way of diversifying from hands on IT work into the management arena.

If you are already in full time work you should not let this put you off. You can fit studying around your work and everything else that is going on in your life by choosing to study online. You may be undecided about going into business management, so let’s take a look at what the job entails and what you can expect to earn.

What does a business manager do?

Obviously the role of a business manager differs depending on what industry you are working in. Within the IT industry the role involves analysis and knowledge within that industry. Having said that, business management skills are transferable. You can use the skills you have within one industry and adapt them to use in another.

As a business manager you will generally have overall responsibility for resources and staffing. This can include areas such as budget creation and management, recruitment and reporting to senior management. Working as an IT business manager you may not be required to have very detailed IT knowledge but it obviously helps to know a fair amount about IT if you are dealing with business matters on a day to day basis. You can study to be an IT Business Manager which helps give you a better grounding.

What can you earn as a business manager?

The salary you can earn as a business manager is often dependent more on your level of experience and responsibility than it is on the field you work in. There is a wide salary range for the role and it’s worth saying that if you are only just starting out as a business manager you should be realistic and expect to start at the lower end of the scale.

Obviously, this can depend on your experience in other roles. Overall, the salary you can expect to earn should be somewhere between AU$ 49,000 and AU$143,000. As you can see, business management can be a financially rewarding role to embark on. It can also be a fascinating role, with so much involvement in the running of the business on an ongoing basis. However, it’s worth remembering that all of this comes with a good deal of responsibility.