Consider Your Future Goals
The U.S. Bureau of Labor Statistics projects information technology careers to grow at a much faster rate than average between 2022 and 2032. If you want to take advantage of this growing demand, the right master’s in information technology program can propel your career, especially if it aligns with your specific goals.
First, consider program length. Do you want to start working in the industry within the next year or two? If so, an accelerated program that offers summer courses or shortened terms might work best. Or, if you’d rather have more time to complete your program, look for a part-time format.
Next, determine whether a program with built-in field experience could help you jumpstart your career. Some programs accept current work experience as credit for required internships, but others offer field experiences for people who don’t work in IT, offering a seamless transition into the industry.
Understand Your Expenses and Financing Options
An average online master’s in information technology requires 30 to 36 credits to complete, and those in our ranking cost between $582 and $1,780 per credit. This equates to around $17,500 to $64,000 for a full master’s degree.
Tuition depends on several factors, including program length, school prestige and the student’s state residency status, with in-state learners at public schools typically paying the lowest rates.
According to 2020-21 data from the National Center for Education Statistics, the average graduate tuition for public schools was $12,596 as of the 2021–2022 school year, while private schools charged an average of $28,017—or between around $25,000 and $56,000 for a two-year master’s degree, respectively. By comparison, the online master’s in information technology programs on our list tend to be more expensive than the average graduate degree.
Students can fill out the FAFSA® to determine their eligibility for federal student aid, including loans and grants. Schools may also offer their own payment plans, grants, scholarships and assistantships to help learners fund their education.