The world of business is changing rapidly, and much of that change is about how work gets done – thanks to the ability of personal computers via internal networks and the Internet. Today’s office looks very little like it did twenty years ago, and as the work has changed, so has the management system that governs most businesses. This huge change has created new positions within most companies.

Thanks to these changes, two new board-level management positions have become common: the chief information officer (CIO) and the chief technology officer (CTO). These officers are typically responsible for overseeing the communication and technology aspects of a company, from the information technology department, to research and development, to marketing and public relations. The two positions do vary slightly. The CIO is not just responsible for technology, but also for the systems and procedures that support the flow of information through a corporation, while the CTO is typically responsible only for the technology infrastructure needed to make such communication possible. In fact, within some organizations the CTO may actually report to the CIO.

So what do you need to rise to these board-level positions? Most of these positions require more than a decade’s worth of experience with technology and management. One way to help you gain some of the knowledge and management skills required for these upper-level positions is to earn a Masters of Business Administration (MBA) with an information technology (IT) specialty. The MBA in information technology could be your first step towards career growth.

With these positions comes great responsibility but also great rewards. Depending on the size of the organization that you choose to work for, CIOs and CTOs typically earn quite impressive six-figure salaries (although those that work in non-profits or for government agencies may earn less). Because these are still fairly new positions, it is important to seek out the title if you are doing the work.

If you are interested in upper level management as an IT specialist, consider investing in your education. Earn an MBA with an IT specialization. Get on the track to success today.