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M.S. in Management of IT

Module 4

Strategic Management of IT

Module 4 equips you with the strategic insight and financial acumen needed to harness IT as a powerful driver of business value. You’ll learn how to evaluate technology’s impact on competitive positioning, craft compelling business cases, and lead transformational initiatives that align with, and shape, organizational strategy.

By completing Module 4, you will be able to:

  • Analyze the strategic role of IT within industry and firm contexts
  • Develop financial and strategic business cases for IT initiatives
  • Guide technology-driven innovation aligned with organizational capabilities
  • Influence executive decision-making on IT investments
  • Lead change that integrates IT strategy with broader business goals
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GCOM 7810: Strategic Management of IT (4 credits)

GCOM 7810 develops an understanding of how to manage IT to create business value through a focus on strategy and finance. IT professionals must understand the specific kinds of value created by IT for their firm’s end consumers, and how it in turn produces financial returns. By analyzing a firm’s industry and its competitive position within that industry, students learn how to produce technologies that can impact the firm’s competitive position.

GCOM 7840: Innovation and Technology Management (4 credits)

GCOM 7840 focuses on the necessary technological, financial, and organizational issues to consider when developing a business case around a transformational IT-based strategic initiative. Projects of this sort can impact how an organization pursues its strategic goals, and may also suggest shifts in strategy to pursue new opportunities that are compatible with the firm’s resources and capabilities.

The information contained on this website is for informational purposes only. The Undergraduate Record and Graduate Record represent the official repository for academic program requirements.

Skills You’ll Develop

  • Strategic IT leadership: Understand and shape how IT drives competitive advantage
  • Financial evaluation: Assess technology investments for economic value and risk
  • Business case development: Build persuasive cases for innovation initiatives
  • Industry analysis: Apply frameworks to evaluate competitive dynamics and IT’s impact
  • Change management: Lead initiatives that transform organizational strategy and execution

The Value to You and Your Organization

Module 4 prepares you to take on the role of strategic IT leader—someone who doesn’t just manage technology but leverages it to redefine competitive positioning and business success.

For you, this means developing the ability to translate complex IT capabilities into clear strategic advantage. You’ll be adept at creating financially sound business cases, influencing leadership, and steering technology-driven transformation that aligns with corporate goals.

For your organization, you’ll provide critical expertise that ensures IT investments deliver measurable returns and open new opportunities. Your leadership will help your company adapt its strategy to a rapidly changing technological landscape, fostering innovation and long-term growth.

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Capstone Strategic Project

The Capstone Strategic Project will challenge you to practice what you have learned in class by asking you to apply it to a real-world company of your choosing. We will challenge you and your team to analyze the strategy of the company within the context of its industry, and to investigate the role that digital technologies play in defining, enhancing, and implementing that strategy. Each team will develop, deliver, and defend a proposal to increase the company's value through digital innovation.

Connect With Us

We look forward to connecting with you about your interest in our Graduate Programs and encourage you to be in touch with any questions you may have.

Contact Information
msmit@virginia.edu
+1 434-982-6800