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What is the Management information system (MIS)?

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Question added by Rana Alnajjar , Web developer , Lebcards
Date Posted: 2013/06/09

Management information system refers to a computer-based system that provides managers with the tools to organize, evaluate and efficiently manage departments within an organization

MOHAMMED ALI MAHMOOD ALI KHADRI
by MOHAMMED ALI MAHMOOD ALI KHADRI , Senior Financial Consultant , Wipro Arabia Limited - Saudi Arabia MNC

A management information system (MIS) is a computerized database of financial information organized and programmed in such a way that it produces regular reports on operations for every level of management in a company.The main purpose of the MIS is to give managers feedback about their own performance; top management can monitor the company as a whole.
Information displayed by the MIS typically shows "actual" data over against "planned" results and results from a year before; thus it measures progress against goals.
The MIS receives data from company units and functions.

VISHAL RASTOGI
by VISHAL RASTOGI , Head - Finance & Accounts , Flex Film RUS LLC

Management Information system referes the converion of data extract from the system into a useful accurate information which requires by the top management for strategic decision macking and must be available on time. Main points are:

1. Conversion of raw data into useful information.

2. Asper Requirement of Management

3. On Time

4. Information in proper format with Accuracy. 

 

Nitesh  Uttwani
by Nitesh Uttwani , Audit Senior , PKF

An organised approach to the needs of an organization's management at every level in making operational and strategic decisions. Its purpose is to design and implement procedures, processes, and routines that provide detailed reports in an accurate, consistent and timely manner. 

Shahul Hameed Abdul Rahim
by Shahul Hameed Abdul Rahim , Accounting Manager , Gulf Duct Industries LLC

It is very essential backbone to the management to take the right decision at the right time about the entire business.

Stefano Biondi
by Stefano Biondi , CIO , Plurima spa

it is essential to have a clier view of the business to take the right decision

Joel Rodrigues
by Joel Rodrigues , Senior Credit Officer , Dubai First

Management information system (MIS) refers to the processing of information through computers and other intelligent devices to manage and support managerial decisions within an organization. The concept may include systems termed transaction processing system, decision support system, expert system, or executive information system. The term is often used in the academic study of businesses and has connections with other areas, such as information systems, information technology, informatics, e-commerce and computer science; as a result, the term is used interchangeably with some of these fresh cut areas.

MIS role is to focus on organization information and technology systems which help analyzing business problems. It also helps in maintaining computer applications to sove the organization problems.

Sanjib Kumar Rajkhowa
by Sanjib Kumar Rajkhowa , District Data Manager cum District Nodal M&E Officer , National Health Mission (NHM), Assam

Management Information System or ‘MIS’ is a planned system collecting, storing and disseminating data in the form of information needed to carry out the functions of management.

 

thirupathi balakrishnan
by thirupathi balakrishnan , Assistant Procurement Manager , Hassan and Habib Sons Of Mahmood

MIS:An organized approach to the study of the information needs of an organization's management at every level in making operational, tactical, and strategic decisions. Its objective is to design and implement procedures, processes, and routines that provide suitably detailed reports in an accurate, consistent, and timely manner.

 

Management Information Systems (MIS) Executives are indispensable in today’s businesses. Computer systems must run efficiently at all times. As most business operations depend on computer systems, they should be always in excellent working condition.

MIS encompasses three main fields: technology, people and data.

Skill Requirements

An MIS Executive needs to have excellent knowledge of MS Excel and Access. He may also need to make reports on MySql. Hence, it is very necessary for him to be computer savvy and have knowledge of the basic software essential for his field.

 He must be ready to update his skills and knowledge.

Furthermore, he should have exceptional communication skills, since he has to meet the management and other departments quite often. He needs to maintain a good rapport with them.

Job Duties

An MIS Executive has a varied job profile. He supervises the information technology resources for his business. He manages other MIS staff and delegates tasks to them accordingly.

He looks after the security and availability of data services and measures the performance of computing systems and installs upgrades whenever necessary.

He must maintain these information systems within the pre-determined IT budget.

He needs to create and maintain reports that allow the company to get information on daily business activities. He also analyzes company performance details quarterly and half yearly. He meets the management on a weekly basis to ensure that uniform information is available across the company.

He has to keep records and information about deals with clients.

He also has to analyze the actual sales versus the projected ones for each department. He has to report about the improvements in quality due to any proposals.

He also needs to analyze data to project market trends.

All this information gives the company information of their strengths and weaknesses and in which areas progress can be made.

Working Conditions

An MIS Executive works in a comfortable office environment. His job is mainly sedentary. Normally, he works regular hours, but he may need to put in extra hours in case of any contingencies.

However, the job requires working on the computers constantly, which may lead to eye strain, carpal tunnel syndrome, backaches and other such computer-related ailments.

Educational Requirements

The minimum requirement to be eligible for the post of MIS Executive is a Bachelor’s Degree in a computer-related study. However, candidates with an MBA are highly preferred. A relevant work experience would also be an added advantage.

Tips for the Job

An MIS Executive has to keep interacting with other departments and with the senior management. For this, he needs to have good inter-personal skills and a pleasing personality.

He has to work with a number of software and applications, so he has to be on the lookout to update his knowledge.

 

Although he works in a sedentary environment, he needs to be wary of developing any problems due to working on a computer for a long time.

raghuveer kekanaje
by raghuveer kekanaje , Finance Manager , Siddique Mustafa & Sons Co L.L

MIS stands for management information system. Business managers at all levels of an organization, from assistant managers to executives, rely on reports generated from these systems to help them evaluate their business' daily activities or problems that arise, make decisions, and track progress.

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