A Bachelor of Information Technology (BIT) degree in Melbourne typically spans four years and focuses on computers and technology, distinguishing itself from computer science by emphasizing business and communication applications. Graduates can specialize in areas like programming, networking, and project management, leading to career opportunities in software development, IT support, and business analysis. The demand for IT professionals is growing, driven by an increase in software development and e-commerce, resulting in competitive salaries that rise with experience and qualifications.