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Become A Vice President, Technology

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Working As A Vice President, Technology

  • Interacting With Computers
  • Getting Information
  • Establishing and Maintaining Interpersonal Relationships
  • Thinking Creatively
  • Updating and Using Relevant Knowledge
  • Deal with People

  • Mostly Sitting

  • Make Decisions

  • $163,000

    Average Salary

What Does A Vice President, Technology Do

Computer and information systems managers, often called information technology (IT) managers or IT project managers, plan, coordinate, and direct computer-related activities in an organization. They help determine the information technology goals of an organization and are responsible for implementing computer systems to meet those goals.

Duties

Computer and information systems managers typically do the following:

  • Analyze their organization’s computer needs and recommend possible upgrades for top executives to consider
  • Plan and direct the installation and maintenance of computer hardware and software
  • Ensure the security of an organization’s network and electronic documents
  • Assess the costs and benefits of new projects and justify funding on projects to top executives
  • Learn about new technology and look for ways to upgrade their organization’s computer systems
  • Determine short- and long-term personnel needs for their department
  • Plan and direct the work of other IT professionals, including computer systems analysts, software developers, information security analysts, and computer support specialists
  • Negotiate with vendors to get the highest level of service for their organization’s technology

Few managers carry out all of these duties. There are various types of computer and information systems managers, and the specific duties of each are determined by the size and structure of the firm. Smaller firms may not employ every type of manager.

The following are examples of types of computer and information systems managers:

Chief information officers (CIOs) are responsible for the overall technology strategy of their organizations. They help determine the technology or information goals of an organization and then oversee implementation of technology to meet those goals.

CIOs may focus on a specific area, such as electronic data processing or information systems, but CIOs tend to focus more on long-term or big picture issues. At small organizations a CIO has more direct control over the IT department, and at larger organizations other managers under the CIO may handle the day-to-day activities of the IT department.

CIOs who do not have technical expertise and who focus solely on a company’s business aspects are included in a separate profile on top executives.

Chief technology officers (CTOs) evaluate new technology and determine how it can help their organization. When both CIOs and CTOs are present, the CTO usually has more technical expertise.

The CTO is responsible for designing and recommending the appropriate technology solutions to support the policies and directives issued by the CIO. CTOs also work with different departments to implement the organization’s technology plans.

The CTO usually reports directly to the CIO and may be responsible for overseeing the development of new technologies or other research and development activities. When a company does not have a CIO, the CTO determines the overall technology strategy for the firm and presents it to top executives.

IT directors, including management information systems (MIS) directors, are in charge of their organizations’ information technology (IT) departments, and they directly supervise other employees. IT directors help to determine the business requirements for IT systems, and they implement the policies that have been chosen by top executives. IT directors often have a direct role in hiring members of the IT department. It is their job to ensure the availability of data and network services by coordinating IT activities. IT directors also oversee the financial aspects of their department, such as budgeting.  

IT security managers oversee their organizations’ network and data security. They work with top executives to plan security policies and promote a culture of information security throughout the organization. They develop programs to keep employees aware of security threats. These managers must keep up to date on IT security measures. They also supervise investigations if there is a security violation.

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How To Become A Vice President, Technology

Typically, a bachelor’s degree in computer or information science, plus related work experience, is required. Many computer and information systems managers also have a graduate degree.

Education

Computer and information systems managers normally must have a bachelor’s degree in a computer- or information science–related field. Such a degree usually takes 4 years to complete and includes courses in computer programming, software development, and mathematics. Management information systems (MIS) programs usually include business classes as well as computer-related ones.

Many organizations require their computer and information systems managers to have a graduate degree as well. A Master of Business Administration (MBA) is common and takes 2 years beyond the undergraduate level to complete. Many people pursuing an MBA take classes while working, an option that can increase the time required to complete that degree.

Work Experience in a Related Occupation

Most jobs for computer and information systems managers require several years of experience in a related information technology (IT) job. Lower level management positions may require only a few years of experience. Directors are more likely to need 5 to 10 years of related work experience. A chief technology officer (CTO), who oversees the technology plan for a large organization, may need more than 15 years of experience in the IT field before being considered for a job.

The number of years of experience required varies with the organization. Generally, smaller or newer companies do not require as much experience as larger or more established ones.

Computer systems are used throughout the economy, and IT employees may gain experience in a variety of industries. However, an applicant’s work experience should be in the same industry they are applying to work in. For example, an IT security manager should have previously worked in information security. A hospital IT director should have experience in the healthcare field.

Advancement

Most computer and information systems managers start out as lower level managers and advance to higher positions within the IT department. IT directors or project managers can advance to become CTOs. A CTO or other manager who is especially business minded can advance to become a chief information officer (CIO), the person in charge of all IT-related decisions in an organization. CIOs can advance to become top executives in an organization.

Important Qualities

Analytical skills. IT managers must be able to analyze problems and consider and select the best ways to solve them.

Business skills. IT managers must develop and implement strategic plans to reach the goals of their organizations.

Communication skills. IT managers must be able to explain their work to top executives and give clear instructions to their subordinates.

Decisionmaking skills. Some IT managers must make important decisions about how to allocate resources in order to reach their organizations’ goals.

Leadership skills. IT managers must be able to lead and motivate IT teams or departments so that workers are efficient and effective.

Organizational skills. Some IT managers must coordinate the work of several different IT departments to make the organization run efficiently.

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Vice President, Technology Career Paths

Vice President, Technology
Principal Consultant Subject Matter Expert Team Manager
Assistant Vice President Operations
8 Yearsyrs
Vice President, Business Development Principal Consultant Solutions Manager
Business Solutions Manager
10 Yearsyrs
Chief Information Officer Executive Vice President Managing Director
Chief Marketing Officer
10 Yearsyrs
Principal Consultant Senior Project Manager Product Management Director
Chief Product Officer
6 Yearsyrs
Chief Technology Officer Chief Executive Officer Realtor
Communications Manager
6 Yearsyrs
Vice President & General Manager Vice President And Manager Compliance Specialist
Compliance Program Manager
10 Yearsyrs
Co-Founder Data Analyst Marketing Analyst
Customer Relationship Management Manager
7 Yearsyrs
Chief Information Officer Senior Project Manager Program Director
Deputy Director
9 Yearsyrs
Managing Director Consultant Information Technology Manager
Director Information Technology Infrastructure
13 Yearsyrs
Chief Operating Officer Sales Consultant Service Advisor
General Service Manager
9 Yearsyrs
Executive Vice President Creative Director User Experience Designer
Product Lead
7 Yearsyrs
Vice President & General Manager Senior Consultant Development Manager
Senior Development Manager
10 Yearsyrs
Vice President And Manager Operations Director Director, Technical Operations
Senior Director Of Information & Technology
14 Yearsyrs
Vice President, Business Development Marketing Consultant Marketing Director
Senior Director Of Marketing
12 Yearsyrs
Chief Technology Officer Solutions Architect Senior Manager
Senior Operations Manager
9 Yearsyrs
President/Chief Executive Officer Construction Manager Operations Project Manager
Senior Operations Project Manager
10 Yearsyrs
President/Chief Executive Officer Finance Advisor Portfolio Manager
Strategist
6 Yearsyrs
Managing Director Senior Management Consultant Information Technology Director
Vice President Information Systems
9 Yearsyrs
Vice President And Manager Managing Director Operations Vice President
Vice President Of Sales & Operations
11 Yearsyrs
Vice President Of Engineering General Manager Operations Vice President
Vice President Product Development
13 Yearsyrs
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Do you work as a Vice President, Technology?

Help others decide if this is a good career for them

Average Length of Employment
Top Careers Before Vice President, Technology
Consultant 7.9%
Director 5.1%
Manager 3.4%
President 3.4%
Top Careers After Vice President, Technology
Consultant 8.6%
President 4.5%
Owner 3.2%
Principal 3.0%
Director 3.0%

Do you work as a Vice President, Technology?

Vice President, Technology Demographics

Gender

Male

81.3%

Female

15.7%

Unknown

3.0%
Ethnicity

White

60.1%

Hispanic or Latino

13.1%

Asian

12.7%

Black or African American

10.3%

Unknown

3.8%
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Foreign Languages Spoken

Spanish

28.6%

French

13.1%

German

10.7%

Chinese

9.5%

Mandarin

7.1%

Carrier

4.8%

Japanese

4.8%

Swedish

2.4%

Russian

2.4%

Italian

2.4%

Portuguese

2.4%

Cantonese

2.4%

Turkish

1.2%

Dutch

1.2%

Korean

1.2%

Indonesian

1.2%

Norwegian

1.2%

Dari

1.2%

Thai

1.2%

Afrikaans

1.2%
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Vice President, Technology Education

Schools

New York University

10.5%

University of Phoenix

9.7%

Pennsylvania State University

6.1%

Hofstra University

5.8%

Northeastern University

5.5%

Arizona State University

5.2%

Columbia University

5.0%

University of Pennsylvania

4.7%

George Washington University

4.4%

Boston University

4.4%

University of Southern California

4.4%

Villanova University

4.1%

Pace University - New York

4.1%

Carnegie Mellon University

3.9%

Cornell University

3.9%

University of Washington

3.9%

Michigan State University

3.6%

Northwestern University

3.6%

Georgia State University

3.6%

University of Texas at Austin

3.6%
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Majors

Business

24.4%

Computer Science

18.8%

Finance

8.2%

Electrical Engineering

7.0%

Management

5.3%

Computer Information Systems

3.8%

Marketing

3.2%

Accounting

3.0%

Information Technology

3.0%

Mechanical Engineering

2.7%

Computer Engineering

2.5%

Political Science

2.2%

Chemistry

2.1%

Environmental Control Technologies/Technicians

2.1%

Project Management

2.0%

Education

2.0%

Management Information Systems

1.9%

Information Systems

1.9%

Mathematics

1.9%

Economics

1.9%
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Degrees

Bachelors

39.6%

Masters

34.1%

Other

13.7%

Doctorate

5.7%

Associate

3.6%

Certificate

2.8%

Diploma

0.4%

License

0.1%
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Real Vice President, Technology Salaries

Job Title Company Location Start Date Salary
Vice President of Data/Technology Analyst Ziff Brothers Investments New York, NY Oct 12, 2015 $400,000
Vice President of Data/Technology Analyst Ziff Brothers Investments LLC New York, NY Feb 03, 2016 $400,000
Vice President-Technology Management On Demand Agility Solutions, Inc. King of Prussia, PA Jun 03, 2015 $250,000
Vice President of Technology Sales, USA Henry Schein, Inc. West Allis, WI Jan 13, 2015 $250,000
Vice President-Technology Management On Demand Agility Solutions, Inc. King of Prussia, PA Apr 16, 2015 $250,000
Vice President of Business Technology Power Home Remodeling Group, LLC Chester, PA Sep 23, 2015 $250,000
Vice President of Business Technology Power Home Remodeling Group, LLC Chester, PA Sep 16, 2016 $250,000
Vice President, IBD, Technology, Media & Telecommunications Barclays Capital Inc. New York, NY Jan 12, 2015 $235,000
Vice President, IBD, Technology, Media & Telecommunications Barclays Capital Inc. New York, NY May 15, 2015 $220,000
Vice President, Trading Execution and Technology Aspetuck Capital Management, LLC Stamford, CT Apr 18, 2016 $215,530
Vice President, Technology Investment Banking-Internet & Digital Media JP Morgan Chase & Co San Francisco, CA Apr 21, 2016 $210,000
Vice President, IBD, Technology, Media & Telecommunications Barclays Capital Inc. Menlo Park, CA May 01, 2016 $205,130
Vice President, Technology Investment Banking Citigroup Global Markets Inc. San Francisco, CA May 13, 2015 $205,130
VP, Application Platform Technology Nbcuniversal Media, LLC CA Dec 28, 2015 $204,224
Vice President-Equity Linked Technology (Risk) Merrill Lynch New York, NY Mar 02, 2015 $144,500
VP; Technology Manager-Systems Engineer Bank of America N.A. New York, NY Apr 10, 2016 $143,749 -
$163,000
VP; Technology Manager-Systems Engineer Merrill Lynch New York, NY Nov 15, 2015 $143,084 -
$163,084
Vice President of Technology Kingsley Associates Atlanta, GA Sep 04, 2015 $142,314
Vp;Business Architecture & Tech Sdlc Process Architect Merrill Lynch Pennington, NJ Feb 23, 2016 $142,000
Vice President; Lead Consultant-Tech APP Engin Bank of America N.A. Jersey City, NJ Aug 10, 2016 $140,000 -
$160,000
Vice President-Technology Partnerships Duck Duck Go, Inc. Paoli, PA Aug 15, 2016 $140,000
Vice President; Lead Consultant-Tech APP Engin Bank of America N.A. Jersey City, NJ Oct 08, 2016 $140,000 -
$160,000
VP; Tech Project Solutions Consultant Bank of America San Francisco, CA Mar 23, 2016 $119,995
VP, Senior Lead Consultant-Tech APP Engineer Bank of America Agoura Hills, CA Mar 02, 2015 $119,959
Vice President; Consultant-Risk Tech Bank of America N.A. New York, NY Jul 23, 2015 $118,535 -
$138,535
VP; Tech Manager-Apps Prog Merrill Lynch Pennington, NJ Jul 02, 2016 $118,500 -
$138,500
Vice President-Technical Center of Americas Sanden International (U.S.A.), Inc. Wylie, TX Nov 16, 2016 $117,832
VP; Lead Cnslt-Tech APP Engin Bank of America N.A. San Francisco, CA Jul 03, 2016 $117,603 -
$130,000
VP; Lead Cnslt-Tech APP Engin Bank of America N.A. New York, NY Jul 18, 2016 $117,000 -
$137,000

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AVERAGE SALARY FOR A Vice President, Technology

Average Yearly Salary
$163,000
View Detailed Salary Report
$113,000
Min 10%
$163,000
Median 50%
$163,000
Median 50%
$163,000
Median 50%
$163,000
Median 50%
$163,000
Median 50%
$163,000
Median 50%
$163,000
Median 50%
$236,000
Max 90%
Best Paying Company
Morgan Stanley
Highest Paying City
San Francisco, CA
Highest Paying State
Nevada
Avg Experience Level
4.0 years
How much does a Vice President, Technology make at top companies?
The national average salary for a Vice President, Technology in the United States is $163,837 per year or $79 per hour. Those in the bottom 10 percent make under $113,000 a year, and the top 10 percent make over $236,000.

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Top Skills for A Vice President, Technology

  1. Information Technology
  2. Infrastructure
  3. Project Management
You can check out examples of real life uses of top skills on resumes here:
  • Managed a staff of 200 Collaborated with senior cross-functional executives to identify needs and created a cohesive organizational information technology strategy.
  • Directed activities across various roles in the Investment Management business ranging from technology risk management oversight to infrastructure and application support.
  • Consult with executives as well as project managers and Project Management Office concerning communications direction, providing advice and counsel.
  • Direct day-to-day program/project delivery activities across a global platform in support of varying compliance and regulatory driven initiatives.
  • Managed technology architecture, project prioritization and business support activities of 7-member team.

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Top 10 Best States for Vice Presidents, Technology

  1. Massachusetts
  2. New York
  3. Virginia
  4. New Jersey
  5. Colorado
  6. Rhode Island
  7. District of Columbia
  8. California
  9. Texas
  10. Pennsylvania
  • (449 jobs)
  • (542 jobs)
  • (438 jobs)
  • (433 jobs)
  • (298 jobs)
  • (76 jobs)
  • (127 jobs)
  • (1,601 jobs)
  • (735 jobs)
  • (336 jobs)

Top Vice President, Technology Employers

Jobs From Top Vice President, Technology Employers

Vice President, Technology Videos

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