Unlike a more technical degree from Computer Science, the ISM degree prepares students to participate in and manage teams that develop, support, and maintain information systems for small, medium, and large-size organizations. Information systems go far beyond hardware, software, and data; they are now becoming intrinsic parts of many business processes, and affect the day-to-day work lives of millions around the globe. With the constant necessity to upgrade and replace old systems in the face of new technological developments, and the opportunities afforded for new systems based on these developments, demand for IS professionals will always continue to grow. Constant exposure to a wide variety of business functions and systems prepares ISM graduates to move to higher management positions as their careers progress.
Spurred by technological advances, employment for information systems managers is expected to increase faster than average. Because of the varied responsibilities these executives hold, employers seek managers with strong technical knowledge as well as business skills. They want managers who are experts in the particular software or technology used on the job and who can discuss the particulars of their work in technical terms with their subordinates, and at the same time, in nontechnical terms to senior managers and prospective customers. Therefore, information system managers must possess strong interpersonal, communication and leadership skills, the U.S. Bureau of Labor Statistics reports.
Employers also seek managers proficient in security to protect their infrastructure and Internet sites from hackers, viruses and other acts of cyber-terrorism. Earnings for IS professionals and managers vary, depending on specialty and level of responsibility. The median salary for an IS professional, starting out, is $44,800. After 5 years experience the median salary for an IS professional is $62,000. Information Systems managers averaged $107,250 in 2006 with a range from $60,800 and $139,460.
Despite a great deal of publicity about Information Systems (IS) and Information Technology (IT) jobs going to offshore firms, the vast majority of IS and IT jobs for US companies are still located in the US, especially within small and medium-sized enterprises. Firms are realizing that they need to cultivate home-grown talent, people who are fully immersed in the US business culture and can sensitively manage resources on a global scale. IS and IT specialists with leading edge skills; with strong “soft” skills for communications, problem solving, and deep business knowledge; and those who work close to the internal customers within these firms are least likely to see their jobs move offshore.
In addition, jobs for Information Systems specialists exist in numerous other medium- and large-size enterprises, including a rich set of engineering and polymer-oriented firms in the greater Akron and Cleveland area.
"Technology talent is in high demand again" (proclaimed by Monsterworldwide). There is an upswing for computer science and information technology graduates. This is due to four key factors:
To obtain details of IT job market compensation, data sources and studies: