07-01-2025
In light of today’s ever-emerging innovations in technology, it’s become evident that there’s a significant tech talent shortage across fields. This talent gap has inspired leading tech employers to prioritize hiring workers with a much deeper knowledge of technological theory and practice than previously required.
How can you make yourself relevant in today’s growing technological landscape? A master of technology serves as an opportunity to not just participate in but shape the future of technology.
Quickly becoming one of the most popular technology master’s degrees available today, a master of technology degree is a rigorous academic field of study for professionals seeking advanced careers in technology.
Master of Technology — a STEM-focused master’s degree that teaches advanced technical knowledge along with research, operations and managerial skills, preparing graduates for leadership careers in diverse, tech-focused industries.
Variations of this graduate degree exist, such as a technology management master’s or an engineering technology master’s, which both explore various business management, engineering and technology disciplines. The master of technology remains a valuable option for those who want to focus their expertise on deep technical knowledge, transferable leadership skills and research initiatives.
Below, we will explore three of the most important reasons to consider investing in a master’s in technology today.
Today, research shows that there is a significant technology talent gap across industries, from education to finance and healthcare to cybersecurity. Here’s what some of the data says about the current tech talent shortage.
With a growing industry focus on advanced technical skills, leaders with an in-demand graduate degree like a master’s in technology can capitalize on this need. The data also asserts that those entering the field of technology with the needed, in-depth tech skills experience a low unemployment rate compared to those in other fields.
According to the U.S. Bureau of Labor Statistics (BLS), the overall employment of computer and technology careers is predicted to “grow much faster than the average of all occupations” in the next 10 years. Some careers, such as information research scientists, software developers and information security analysts, are projected to grow at an astounding rate until 2033: 26%, 17%, and 33%, respectively.
Salaries for technology professionals vary depending on career title, location, education level and area of specialization.
For tech professionals in general, the BLS reports an annual salary of approximately $104,000, while other sources suggest that candidates with a master’s degree earn an average of $122,000 per year. In other words, those with a master’s degree are predicted to earn significantly more compared to those with only a bachelor’s.
Technology is evolving faster than industries can adapt. For this reason, current and future technology professionals alike must develop the skills to drive progress.
Today’s innovations will soon become tomorrow’s standard. Rapid innovations like artificial intelligence, machine learning, automation, encryption and digital transformation now require skilled professionals who can not only keep pace but also challenge convention and lead the charge in envisioning, creating and refining new innovations in technology.
Select master of technology programs are designed to prepare students to leverage current technologies and discover yet-to-exist innovations while evaluating their ethical, social and economic implications. These are unparalleled skills to have as you pave the way for a meaningful, successful and lifelong career in technology.
Purdue University offers an interdisciplinary, STEM-designated Master of Business and Technology (MBT) that serves as a platform for lucrative leadership careers in business and technology. While similar to a master’s in technology, the MBT builds upon students’ backgrounds, offering a technology-first curriculum coupled with business acumen to equip graduates to innovate technology-driven business models.
To learn more about this unique technology-focused business master’s degree, we invite you to download our eBook, The Tech MBA of the Future: Earning Your Master of Business and Technology.
If you’re ready to take the next step in your career, we invite you to request more information about the MBT or schedule an appointment with an MBT expert.
If you would like to receive more information about pursuing a business master’s at the Mitch Daniels School of Business, please fill out the form and a program specialist will be in touch!
