Why Pursuing a Master’s in Information Management Sets You up for Success in the Digital Age
In today’s digital age, information is the most valuable asset. Companies and businesses rely heavily on digital information to make important decisions, communicate with their customers and clients, and stay ahead of the competition. This is where the importance of a Master’s in Information Management comes in.
The Growing Demand for Information Management Professionals
The world is generating a vast amount of data every single day – approximately 2.5 quintillion bytes of data are created every day. Given this staggering amount of data, the need to manage and process data has become increasingly important. As a result, there is a growing demand for professionals who have the skills and knowledge to manage this data effectively.
Obtaining a Master’s in Information Management provides you with the necessary skills and knowledge to manage data and information technology systems, making you well-equipped for the job market. According to the Bureau of Labor Statistics, the employment of Computer Information Systems Managers, which includes Information Management Professionals, is projected to grow by 10% from 2019 to 2029, much faster than the average for all occupations.
Benefits of a Master’s in Information Management
There are several benefits of pursuing a Master’s in Information Management, including:
1. In-Demand Skills
With the growing demand for information management professionals, individuals holding a Master’s in Information Management have a unique set of in-demand skills. They are trained in database management, data analytics, and project management, among other skills, that make them highly desirable in the job market.
2. Diverse Career Opportunities
Having a Master’s in Information Management opens up a range of diverse career opportunities. Graduates can work in various fields like computer systems design, finance and insurance, and healthcare, to name a few.
3. Higher Salary Potential
Individuals with a Master’s in Information Management can expect a higher salary than those with a Bachelor’s degree in the same field. According to PayScale, the average salary for an Information Management Professional with a Master’s degree is $98,000 per year, while those with a Bachelor’s degree earn an average of $69,000 per year.
Real-World Examples
Let’s look at a few examples of how a Master’s in Information Management can set you up for success in the digital age:
1. Healthcare
With the increasing use of electronic medical records, the healthcare industry needs professionals who can manage sensitive patient information securely. A graduate with a Master’s in Information Management can help hospitals and medical practices maintain electronic health records and ensure compliance with HIPAA regulations.
2. Finance
Financial institutions collect and process a vast amount of data every day, from transactional data to customer information. With a Master’s in Information Management, graduates can improve data security systems and help prevent data breaches and fraud.
Conclusion
Obtaining a Master’s in Information Management provides individuals with the necessary skills and knowledge to succeed in the digital age. With a growing demand for information management professionals, diverse career opportunities, and an above-average salary, pursuing this degree can set you up for a successful career in various industries.
