MIS Degree vs. CIS Degree: Differences and Career Opportunities
Management Information Systems (MIS)
How Do Businesses Use MIS?
What Are the Types of MIS?
- HR Management Systems: HR management systems track employee financial data, such as payroll, benefits, and retirement plans, which are typically also part of accounting and financial systems. They also track employee timesheets, vacation days, and related information.
- Inventory Control Systems: These systems integrate all aspects of inventory, including stocking and storing goods. They may track shipping, receiving, sales, theft, warehousing, product turnover, and reordering. Inventory control systems are commonly found in large retail companies.
- Process Control Systems: Process control systems monitor an organization’s physical or industrial processes, such as metal fabrication or automobile assembly. As such, manufacturing companies typically use this type of MIS.
- Office Automation Systems: These systems help employees communicate with other departments, colleagues, and leadership. An office automation system entails numerous technologies, such as cellphones and laptops, as well as multimedia, internet, and email components, all of which keep employees connected.
- Accounting and Finance Systems: These systems track an organization’s financial investments and assets, and then use the data to produce legally required financial reports. They might generate reports on payroll, local and state taxes, and pension funds. They can also assist with day-to-day transactions, such as sales income, deposits, fund transfers, and returns.
- Sales and Marketing Systems: These systems assist marketing and sales teams in monitoring their efficiency. Sales and marketing systems can project sales, track advertisements and schedules, and generate reports to help stakeholders adjust pricing, product offerings, and promotions.
- Enterprise Resource Planning Systems: Enterprise resource planning systems manage business through a system of automated applications that integrate technology, employee services, and HR. They can streamline all processes across the entire business.
- Management Reporting Systems: Management reporting systems produce reports on operations and finances. This helps managers compare company performance from year to year, as well as project future performance. Key stakeholders then reference these reports to evaluate a manager’s performance, the company’s overall performance, and the efficiency of operations against company goals.
What Is a Management Information Systems (MIS) Degree?
Is an MIS Degree Worth It?
What Do MIS Graduates Do?
- Systems Analyst: Systems analysts use their business and technical skills to evaluate a company’s information system and find points for improvement. They are responsible for collecting data to determine appropriate changes. They also often work with senior leadership to establish budgets and implement recommended changes. According to the BLS, the 2019 median annual salary for system analysts was $90,920.
- Database Administrator: An organization’s database can house an immense amount of data, much of which is sensitive. Database administrators use their expertise to keep organizational data secure. They evaluate, monitor, maintain, and optimize the database’s computer systems to ensure the organization is following protocol and protecting information from emerging threats. The 2019 median annual salary for database administrators was $93,750, per the BLS.
- Computer Network Architect: Computer network architects have extensive knowledge of data communications networks, which they use to create plans for maximizing a network infrastructure’s efficiency, output, and cost effectiveness. They consult with senior leaders to upgrade and implement new hardware and maintain network security, troubleshooting any issues as the network grows. The BLS reports the 2019 median annual salary for computer network architects was $112,690.
Skills Developed From an MIS Degree
Computer Information Systems (CIS)
How Do Businesses Use CIS?
What Are the Types of CIS?
- Data Warehousing: Data warehousing describes the collection and management of data from a variety of sources to provide business insights. The digital storage of large amounts of data for analysis requires several technologies and tools, such as business intelligence tools, SQL clients, and spreadsheets.
- Machine Learning: This method of data analysis is a subset of AI and involves training machines to learn from data. These systems can identify patterns and make decisions with little to no human interaction.
- Competitive Intelligence: This type of CIS involves the definition, collection, analysis, and distribution of intelligence regarding markets. It might include uncovering insights into product performance, customer bases, or the competition, enabling stakeholders to make strategic business decisions and gain a competitive advantage.
What Is a Computer Information Systems (CIS) Degree?
Is a CIS Degree Worth It?
What Do CIS Degree Graduates Do?
- Software Developer: These CIS professionals design, test, and produce software that meets their target market’s needs. They have a collaborative role, working across the entire cycle of development, not just implementation. They work with stakeholders to identify requirements, as well as oversee both IT professionals and programmers to design, test, and turn market data into functional software. According to the BLS, the 2019 median annual salary for software developers was $107,510.
- Computer Programmer: Once software developers create a program design, computer programmers turn it into instructions that a computer can follow. They are responsible for writing and testing the code that makes the application function as intended. The BLS reports the 2019 median annual salary for computer programmers was $86,550.
- Information Security Analyst: Information security analysts identify vulnerabilities in computer networks and systems, and use their expertise to uncover cybersecurity issues. They conduct tests to determine the most effective method of protecting sensitive data from security breaches, which includes everything from staff training to implementing new software. The 2019 median annual salary for information security analysts was $99,730, per the BLS.