School of Business Graduate Programs

Business success in the 21st century is increasingly dependent on the strategic development and use of technology. This is a complex challenge as the solution to many business problems relies on the convergence of a number of technologies and their proper alignment with customer requirements and business strategy.

Our educational programs are directed at:

• Technology professionals wishing to acquire business knowledge and management skills
• Business professionals wishing to learn about technology and how technology must be managed to achieve business objectives.

The School of Business offers the following master’s degree programs:

• Master of Science in Business Intelligence and Analytics (BI&A)
• Master of Science in Enterprise Project Management (MS-EPM)
• Master of Science in Finance (MFIN)
• Master of Science in Information Systems (MSIS)
• Master of Science in Management (MSM)
• Master of Science in Network & Communication Management & Services (NCMS)
• Master of  Science in Technology Management (MSTM)
• Master of Business Administration (MBA)
• Experienced Professional MBA (EMBA)
• Ph.D. in Technology Management

This catalog describes each of these degree programs in detail.

Educational Approach

The Business School’s graduate programs are designed to maximize the management potential of each student.  Students can choose concentrations within each degree program or electives that enable students to complement their degree by specializing in a number of areas ranging from soft skills development to technical specialties outside the domain of the concentration.  Students may also choose electives from other schools at Stevens.

The School of Business faculty members are leaders in research and education in the business and technical disciplines that are relevant to decision making, innovation and action in an increasingly global, technology-driven world. Our educational programs provide students with knowledge that is both rigorous and relevant. Of equal importance, our programs emphasize the holistic development of each individual student through the development of life-long skills and abilities such as oral and written communication, team participation and leadership, decision making and ethical reasoning.

Ethics and Communications Education

Ethics Workshop: The ethics requirement is incorporated into the course work for the following required courses MGT 609 Project Management Fundamentals, BIA 650 Process Analytics and Optimization (for BI&A students), MGT 635 Managerial Judgment & Decision Making (for MBA students) and MGT 798 Integration & Application of Technology Management (for MSTM and EMBA students).  

Students are automatically enrolled in MGT 899 - Ethics Workshop at no cost. This workshop carries zero credit and will not appear on the student’s official transcript.  Completion of all exercises and the survey associated with the Ethics Workshop is sufficient to satisfy the ethics requirement.

Communication Skills: Written and oral communications training and assessment are conducted in conjunction with the following required courses: MGT 609 Project Management Fundamentals, BIA 650 Process Analytics and Optimization (for BI&A students), MGT 630 Global Business & Markets (Oral Communications) and MGT 635 Managerial Judgment & Decision Making (Written Communications) (for MBA students.)

Students in these courses are automatically enrolled in MGT 898: Writing Support and Assessment Program.  This online workshop carries zero credit and will not appear on the student’s official transcript. Students in the MSTM and EMBA program take EMT 758 Oral & Written Communications, in lieu of MGT 898 for zero credit.  Students who do not pass the written assessment will be required to take MGT 897: Online Writing Tutorial for no cost for zero credit. 

Stevens Undergraduates in Simultaneous Degree or Deferred Graduate Credit Programs

Undergraduate students at Junior or above standing who have at least a 3.0 GPA may take graduate courses (with permission) by completing a study plan with the Program Director and submitting it to the Registrar’s Office. Registration in graduate courses requires permission of the course instructor. Students must obtain a signed certification of standing prior to seeking permission. This form is available from the Registrar’s Web site. 

English Requirements for International Students

International students for whom English is a second language must demonstrate English language proficiency by submitting the results of a TOEFL or an IELTS test (see exemptions below).

Score Requirements:

86 and above (TOEFL iBT); 567 and above (TOEFL PBT); 7 and above (IELTS)

• No further English Language and Communications (ELC) requirements upon arrival on-campus.

79 – 85: (TOEFL iBT), 550- 563 (TOEFL PBT), 6.5 (IELTS)

• Must take an English Language Communication (ELC) course during the first semester at Stevens
• ELC course can be taken along with a regular course load in the student's graduate program

To place out of the ELC requirement students in this category may choose to take and pass the Stevens English Communication Proficiency Exam (ECPE) administered by Stevens upon arrival. (There is a fee of $50 for this test). Those who do not pass the exam will be placed in an ELC course.

Master of Science in Business Intelligence and Analytics (BI&A)

The MS in Business Intelligence and Analytics (BI&A) is designed for full-time and part-time students who have undergraduate degrees in science, mathematics, computer science or engineering. The program produces analytical thinkers who can pursue careers as data scientists in a variety of industries. The BI&A program includes courses in databases, data warehousing, data mining, social networking and risk modeling. The program is both theoretical and applied in that each course combines relevant theories and techniques with a number of examples and student exercises that illustrate industry applications of data analytics. A capstone course provides opportunity for students to apply the concepts, principles, and methods they have learned to real problems in an application domain of their choice. 

The BI&A program prepares students for careers as business analysts and data scientists in multiple industries such as finance, manufacturing, retail and media and communications.

Degree Requirements: The MS in Business Intelligence and Analytics consists of 12 courses (36 credits). A minimum GPA of 3.0 is required to graduate.

Admission Requirements:  The BI&A program is designed for students with a strong technical background in mathematics, economics, engineering, or computer science. Admissions decisions are made on a rolling basis. Students can apply at any time during the year. 

International students for whom English is a second language must demonstrate English language proficiency by submitting the results of a TOEFL or an IELTS test.

International students must also submit a GMAT/GRE score.

Prerequisites: 4-year undergraduate degree; calculus (1 year); at least one course in programming or programming experience and one course covering basic probability, hypothesis testing and estimation.

STRUCTURE OF THE BI&A PROGRAM

The 12 required courses for the BI&A program encompass six subject areas that conceptually comprise the field of BI&A. The program culminates in a “practicum” course which applies the concepts and techniques learned in prior courses to real-world problems.  Oral and written communications skills, analytical thinking and ethical reasoning are emphasized throughout the curriculum.

Organizational Context

• MGT 615 Financial Decision Making

Data Management

• MIS 630 Strategic Data Management
• MIS 636 Data Warehousing & Business Intelligence

Optimization and Risk Analysis

• BIA 650 Process Analytics and Optimization
• BIA 670 Risk Management: Methods and Applications

Statistics

• BIA 652 Multivariate Data Analytics
• BIA 654 Experimental Design

Data Mining and Machine Learning

• MIS 637 Knowledge Discovery in Databases
• BIA 656 Statistical Learning & Analytics *

Social Network Analytics

• BIA 658 Social Network Analytics (cross-listed with MIS 669)
• BIA 660 Web Analytics*

Management Applications

• BIA 672 Customer Analytics*
• BIA 674 Supply Chain Analytics*

Practicum

• BIA 686 Applied Analytics in a World of Big Data     

* Choose two out of these four courses with permission of an advisor.

Electives

Many electives are available for qualified students who waive one of more of the required courses (e.g., MGT 615). For example:

Computer Science

• CS 506 Introduction to IT Security
• CS 538 Visual Analytics
• CS 559 Machine Learning
• CS 578 Privacy in a Networked World
• CS 581 Online Social Networks
• CS 586 Machine Learning for Gaming
• SOC 653 Introduction to Text Mining and Statistical Natural Language Processing

Financial Engineering

•      FE 511 Intro to Bloomberg & Thomson Reuters (1 credit)
•      FE 515 Introduction to R (1 credit)
•      FE 520 Intro to Python for Financial Applications (1 credit)
•      FE 635 Financial Enterprise Risk Engineering
•      FE 670 Algorithmic Trading Strategies 

Information Systems

• MIS 661 Marketing Online 
• MIS 710 Process Innovation and Management
• MIS 730 Integrating IT Architecture

International students may also elect to take a Curricular Practical Training (CPT) course (BIA 702) which involves an educationally relevant, practical assignment aimed at augmenting the academic content of the student’s program. Students engage in a company project related to the focus of their academic program. The project is conducted under the supervision of a faculty advisor and an industry mentor. The CPT is intended to provide students with practical experience which complements their academic knowledge through active learning under real-world conditions.

Master of Science in Information Systems (MSIS)

Rapid advancements in technology, dynamic markets, and the changing global business environment have led to intense global competition in which shorter product life cycles and efficient and effective computing services are a competitive necessity. Information systems professionals are required to identify innovative opportunities for leveraging IT for competitive advantage. Close alignment of IT and business is essential. Organizations need IT professionals who are effective at working closely with their business partners, and business people need to better understand how to work closely with their IT partners.

This program is designed for information systems professionals seeking to advance their careers in the IT sector of the business, or as IT experts in other areas of business. It is also suitable for business professionals looking for ways to leverage their IT resources. In addition to strong practical, real-world IT and management skills, graduates of the program leave with improved communication, interpersonal, and team skills.

The MSIS program prepares students for careers such as: Business Analyst, Internal IT Consultant, IT Manager, Management Consultant, Data Analyst, Knowledge Manager, Social Media Expert and Technology Specialist.

In addition to off-campus (corporate-sponsored) programs, the MSIS program is offered on campus on weekdays and Saturdays and via Stevens WebCampus platform. Courses are offered year-round, in fall, spring and summer semesters.

Degree Requirements: The MS in Information Systems consists of 12 courses (36 credits).  A minimum GPA of 3.0 is required to graduate.

Admission Requirements: The Master of Science in Information Systems program is designed for working professionals with at least two years of work experience. Applicants who do not meet this work experience requirement, but have outstanding academic records, may be considered for admission. Admission to the program requires a bachelor's degree with at least a "B" average. Applications should include two letters of recommendation.

Meeting minimum admissions standards does not guarantee admission; minimum requirements serve as a guide to the minimum expected qualifications necessary to be considered for admission.

Admissions decisions are made on a rolling basis. Students can apply at any time during the year. 

International students for whom English is a second language must demonstrate English language proficiency by submitting the results of a TOEFL or an IELTS test. 

International students must also submit a GMAT/GRE score.

STRUCTURE OF THE MSIS PROGRAM

The MS in Information Systems program has 3 components:

1. Common Business Core (3 courses)
2. Degree Requirement (6 courses)
3. Concentrations (3 courses)

1.  MSIS COMMON BUSINESS CORE

• MGT 609 Project Management Fundamentals
• MGT 615 Financial Decision Making
• MGT 689 Organizational Behavior and Design

2.  MSIS DEGREE REQUIREMENTS

• MIS 620 Analysis and Development of Information Systems
• MIS 630 Database Systems and Decision Support
• MIS 699 Managing Emerging Information Technologies
• MIS 710 Process Innovation and Management
• MIS 730 Integrating IS Technologies
• MIS 760 Strategic Issues in Information Management

3.  MSIS CONCENTRATIONS

The final 3 courses are free electives that can be chosen with the help of the faculty advisor, or a specific combination of courses selected from one of four designated concentrations in the MSIS program.

MSIS students can choose from four specific 3-course concentrations:

• Business Intelligence & Analytics
• Business Process Management & Service Innovation
• Social Media
• Project Management

The courses comprising each of these MSIS concentrations are listed below.

Business Intelligence and Analytics

IT is emerging from an era in which the emphasis was on producing information to one in which competitive advantage can only be obtained by sophisticated analysis of large volumes of information. There is a strong demand on Wall Street and in all areas of business for graduates with the analytic skills provided by this concentration.

• MIS 635 Designing the Knowledge Organization
• MIS 636 Data Warehousing and Business Intelligence
• MIS 637 Knowledge Discovery in Databases

With approval of their advisor students can substitute BIA courses and select FE courses in the Business Intelligence and Analytics concentration.

Business Process Management & Service Innovation

Organizations need effective and efficient processes to execute their strategies and successfully compete in a rapidly changing world of global competition. Business School faculty members are leaders in research and education on business process management (BPM) with a particular emphasis on relationship of processes to organizational strategy and structure and supply chain management.  There is strong demand in all areas of business for graduates who can analyze, design and implement effective business processes.

• MIS 690 Supply Chain Management and Strategy
• MIS 712 BPM and Workflow Implementation
• MIS 714 Service Innovation      

With approval of their advisor students can choose BIA 650 Process Optimization and Analytics and/or BIA 674 Supply Chain Analytics as electives in the Business Process Management & Service Innovation concentration.

Social Media

Social media are fundamentally transforming every aspect of our political, social and business lives. Consumers now connect to each other and to businesses through large-scale dynamic networks based on non-traditional Internet and mobile media. Companies must analyze the huge amount of data that is generated minute-by minute by social media to understand and influence their customers, and to predict and take advantage of important trends. Social network analysis is an exciting new field with strong demand for the kinds of skills that are developed in this concentration.

• MIS 661 Marketing On-line
• MIS 668 Social Network Analytics
• BIA 660 Web Analytics

Project Management

This concentration deals with project and program management concepts with an emphasis on managing technology-centric projects in private and public enterprises.

• MGT 610 Strategic Perspectives in Project Management
• MGT 611 Project Analytics
• MGT 612  Leading people & Projects

Free Electives (no concentration option)

International students may also elect to take a Curricular Practical Training (CPT) course (MIS702) which involves an educationally relevant, practical assignment aimed at augmenting the academic content of the student’s program. Students engage in a company project related to the focus of their academic program. The project is conducted under the supervision of a faculty advisor and an industry mentor. The CPT is intended to provide students with practical experience which complements their academic knowledge through active learning under real-world conditions.

The courses that are available in each of these areas are described later in a separate section of the catalog.

Master of Science in Management (MSM)

The Master of Science in Management (MSM) program is a generalist graduate business program designed specifically for individuals with non-business academic backgrounds/degrees. Students do not need any professional work experience to be admitted to this 30-credit program.  Grounded in the fields of management, economics, applied psychology, and quantitative methods, the unique 10-course curriculum encompasses the primary business disciplines to help you round out your undergraduate training and experience.  Students will learn how economics, technology, social science and quantitative methods can be used to solve today’s complex and managerial challenges.

In today’s competitive global workplace, having the right technical skills is extremely important, but it is often not enough. Businesses need people who can enter the workplace with the ability to transform technical expertise into business solutions. Through the MSM coursework and other learning experiences, students are guided in developing a core set of critical thinking, collaboration, communication and innovation skills that are keys to success at the intersection business and technology. The MSM courses help students master business fundamentals and enrich their capacity to communicate effectively across business and technical domains.

Stevens is renowned for excellence in project management, leadership and innovation management. Not only are these skills important to technical professionals, they also impart  a competitive edge regardless of previous field of study or current type of work. Our faculty includes thought leaders who are experienced professionals, many of whom were managers at Fortune 500 organizations. Be a part of a major technical university that on the one hand has a rich tradition of excellence in applied science and engineering, and on the other is also home to original thought leaders in management science.

The MS in Management program is offered on campus on weekdays and via the WebCampus platform. Courses are offered year-round, in fall, spring and summer semesters. Corporate sponsored programs are also offered at company sites.

Degree Requirements: The MS in Management degree comprises 10 courses (30 credits). A minimum GPA of 3.0 is required to graduate.

Admission Requirements: The Master of Science in Management program is designed for students having less than two years work experience. Admission to the program requires a bachelor's degree with at least a "B" average, and two letters of recommendation. Meeting minimum admissions standards does not guarantee admission; minimum requirements serve as a guide to the minimum expected qualifications necessary to be considered for admission.

Students can apply at any time during the year. Admissions decisions are made on a rolling basis.

International students for whom English is a second language must demonstrate English language proficiency by submitting the results of a TOEFL or an IELTS test.

International students must also submit a GMAT/GRE score.

STRUCTURE OF THE MSM PROGRAM

The MSM program comprises eight business core courses and two electives:

1. BUSINESS CORE

• MGT 609 Project Management Fundamentals
• MGT 615  Financial Decision Making
• MGT 606 Economics for Managers
• MGT 641 Marketing Management
• MGT 657 Operations Management
• MGT 671 Technology and Innovation Management
• MGT 689 Organizational Behavior and Design
• MGT 699 Strategic Management 

2. ELECTIVES

Students choose two additional electives from an array of courses. Courses may be chosen from within the School of Business or from other Schools at Stevens.

Students may also elect to take a Curricular Practical Training (CPT) course (MGT 702) which involves an educationally relevant, practical assignment aimed at augmenting the academic content of the student’s program. Students engage in a company project related to the focus of their academic program. The project is conducted under the supervision of a faculty advisor and an industry mentor. The CPT is intended to provide students with practical experience which complements their academic knowledge through active learning under real-world conditions.

The courses that are available in each of these areas are described later in a separate section of the catalog.

Master of Science in Finance (MFin)

The Master of Science in Finance (MFin) is a 36-credit degree program that addresses the needs of students looking to advance their management careers in the financial sector. It consists of core courses covering fundamental topics in finance and economics, the management of financial technologies, and allows students to specialize in topics such as regulatory and market environments, the management of risks, or financial project management.

• be familiar with terminology, methods, and application areas of economics, finance, and financial technology
• understand the financing needs of organizations and the market mechanisms available to meet these needs
• be able to apply common financial technologies for analysis, forecasting, and management of financial enterprises
• be able to assess the financial health of an organization 
• be able to develop a comprehensive plans that address the financial management needs of an organization
• lead combined business and technology teams in the delivery of change projects

• MGT 606 Economics for Managers
• FIN 620 Financial Econometrics
• MGT 700 Econometrics

• MGT 629 Banking & Credit
• MGT 627 Investment Banking
• MGT 638 Corporate Finance
• FIN 510 Financial Statement Analysis

• FE 511 Introduction to Bloomberg & Thomson Reuters
• FE 515 Introduction to R
• FE 514 Introduction to SAS

• MGT 607 Managerial Economics
• MGT 609 Project Management Fundamentals
• MGT 611 Project Analytics
• MGT 626 Private Equity and Venture Capital
• MGT 628 Derivatives

• MIS 636 Data Warehousing and Business Intelligence
• BIA 652 Multivariate Data Analysis I
• BIA 656 Statistical Learning and Analytics
• BIA 670 Risk Management Methods and Applications
• BIA 672 Customer Analytics

• FE 535 Introduction to Financial Risk Management
• FE 655 Systemic Risk and Financial Regulation

• MIS 710 Process Innovation and Management
• MIS 712 Advanced Business Process Management
• MIS 714 Service Innovation

Master of Science in Enterprise Project Management (MS-EPM)

The Master of Science in Enterprise Project Management (MS-EPM) is a 36-credit degree program that blends courses in strategic perspectives, project planning, project portfolio management, and cross-project leadership for an applied curriculum that teaches you to manage and serve as a leader at an enterprise level.

This curriculum encompasses a strategic approach to project management which goes beyond the traditional tools, tactics, and PMI Certification preparation taught in most PM programs. The Stevens EPM program prepares students to:

• Lead transformational, large-scale projects and project teams across units, enterprises and multiple organizations;
• Gain insight and skills pertaining to leadership, cultural and behavioral project environment
• Lead change and span boundaries across complex enterprise systems
• Bridge cultural and organizational gaps

The program offers a unique blend of small class sizes, intense collaboration, and global professional networking opportunities.  Graduates will leave Stevens with better communications, interpersonal and team skills enabling them to plan, implement and manage complex enterprise level projects.

Degree Requirements: The MS in Enterprise Management degree comprises 12 courses (36 credits). A minimum GPA of 3.0 is required to graduate.

Admission Requirements: The Master of Science in Enterprise Project Management is designed for working professionals who want to excel in managing enterprise-level projects, programs, portfolios, and project management offices. Applicants should have a minimum of one year work experience.

Applicants who do not meet the work experience requirement, but have outstanding academic records, may be considered for admission. Admission to the program requires a bachelor's degree with at least a "B" average, and two letters of recommendation. Meeting minimum admissions standards does not guarantee admission; minimum requirements serve as a guide to the minimum expected qualifications necessary to be considered for admission.

Students can apply at any time during the year. Admissions decisions are made on a rolling basis.

International students for whom English is a second language must demonstrate English language proficiency by submitting the results of a TOEFL or an IELTS test.

International students must also submit a GMAT/GRE score.

CURRICULUM OF THE MS-EPM PROGRAM

The Master of Science in Enterprise Project Management (MS-EPM), a 36-credit degree program (12 courses) that encompasses courses in strategic perspectives, project planning, project portfolio management and cross-project leadership for an applied curriculum that  teaches you to manage and serve as a leader.

DEGREE REQUIREMENTS

• MGT 615 Financial Decision Making
• MGT 689 Organizational Behavior and Design
• MGT 609 Project Management Fundamentals
• MGT 612 Leading People and Projects
• MGT 611 Project Analytics
• MGT 641 Marketing Management
• MGT 613 Project Portfolio Management and the Project Management Office
• MGT 610 Strategic Perspectives in Project Management
• MGT 619 Leading across Projects and Programs
• MGT 614 Advanced Project Management
• MIS 710 Process Innovation
• MGT 699 Strategic Management

Master of Science in Networks & Communication Management & Services (NCMS)

The Networks & Communication Management & Services graduate program is an interdisciplinary program between the School of Business and the Electrical and Computer Engineering Department of the School of Engineering and Science. The School of Business administers the program. This program is STEM (Science, Technology, Engineering and Mathematics)-designated by the Department of Homeland Security. A CoOP is an available option for students seeking work experience.

The Networks & Communication Management & Services curriculum addresses the demanding requirements of the global communications industry, businesses, and government for technical expertise combined with business skills. The program provides students with advanced technical knowledge of applied communications integrated with business management.

This program prepares students to plan, implement and manage leading edge communications capabilities. The goal of this student is to become a technical business and management professional responsible for planning communications products and services; for leading the resources required to implement the plan, including people, product, networks, and systems, and for the  decisions and budgeting for development, acquisition, installation, and maintenance of products and services. Each sector of industry (government, regulatory, service providers, financial, equipment vendor, consultant, and R&D) will have corresponding profiles of professionals who need such technical expertise and management skills. This degree program builds an advanced foundation for more specialized study while enabling professionals from all industry sectors to understand and interact with customers and communications professionals who make the decisions on how businesses will exploit communications capabilities for.

Specialized courses are available in the areas of management of wireless networks, broadband communications, communications security, and project management.

In addition to off-campus (corporate-sponsored) programs, Networks & Communication Management & Services is offered on campus on weekdays and via the WebCampus platform. Courses are offered year-round, in fall, spring and summer semesters.

Degree Requirements: The MS in Networks & Communication Management & Services degree comprises 12 courses (36 credits). A minimum GPA of 3.0 is required to graduate.

Admission Requirements: Admission to the Master of Networks & Communication Management & Services program requires a bachelor’s degree with at least a B average, including a semester of calculus. For students who lack this prerequisite, Stevens offers a non-credit calculus course for telecommunications management (e.g., TM 500).

Admissions decisions are made on a rolling basis. Students can apply at any time during the year. 

International students for whom English is a second language must demonstrate English language proficiency by submitting the results of a TOEFL or an IELTS test.

International students must also submit a GMAT/GRE score.

Prerequisites may include a semester of microeconomics ((TM 500 or equivalent.)

STRUCTURE OF THE TELECOM PROGRAM

The MS in Telecommunications Management program has 3 components:

1. Common Business Core (3 courses)
2. Degree Requirements (6 courses)
3. Concentrations (3 courses)

1.  COMMON BUSINESS CORE

• MGT 609 Introduction to Project Management
• MGT 615  Financial Decision Making
• MGT 689 Organizational Behavior and Design

2.  TELECOM DEGREE REQUIREMENTS

• TM 601 Principles of Applied Telecommunications Technologies
• TM 605 Probability and Stochastic Processes
• TM 610 Business Information Networks
• TM 612 Regulation & Policy in the Telecommunications Industry
• TM 615 Wireless Communications & Mobile Computing
• TM 630 Broadband Networking: Services & Technology

3.  TELECOM CONCENTRATIONS

The final 3 courses are selected from one of two specific concentrations within the MS NNetworks & Communication Management & Services program, or from within a general concentration category designed to accommodate a broad choice of electives.

The MS Telecom Management program offers two concentrations.

• Management of Broadband and Converged Networks
• Management of Wireless Networks

The courses required to complete each of these concentrations are listed below.

Management of Broadband and Converged Networks

Students selecting this major will be eligible for a Graduate Certificate in the Management of Broadband Communications and Converged Networks.

• TM 617 Next Generation Wireless Networks
• TM 631 Broadband Service Management
• TM 632 Communications Industry Strategy & Structure

Management of Wireless Networks Concentration

Students selecting this major will be eligible for a Graduate Certificate in the Management of Wireless Networks.

• TM 616 Global Wireless Industry
• TM 617 Next Generation Wireless Networks
• TM 618 Performance of Emerging Wireless Networks
  OR

• TM/EE 584 Wireless Systems Security

Elective Options

Students may also choose broad range of electives to meet a student's specific growth objective in other domains intended to broaden his/her perspective while complementing the MS Networks & Communication Management & Services degree.  This option requires approval of a faculty advisor.

The courses that are available in each of these areas are described later in a separate section of the catalog

Master of Business Administration (MBA)

To stand out in today’s business world, you need three essential competencies. First, you need to be proficient in the basic business disciplines, such as finance, accounting, and marketing.  Second, you must possess the key skills that enable you to collaborate and lead, communicate, be creative and think strategically. Third, with technology being essential to running nearly every facet of business, you need to understand how to nurture and leverage technology for business success.

The Stevens MBA is uniquely designed to equip you with these three essential elements. It will position you to operate effectively at the intersection of business and technology, which is where 21st century businesses need you to be. Our curriculum is designed to help you master a core set of skills which we refer to as the four Cs  - Critical Thinking, Collaboration, Communication and Creativity - that are keys to your success in fast-paced technology driven environments. It will provide you with the knowledge, skills and leadership capability that will enable you to deliver value to your company and enhance your career.

You will learn from faculty members who remain connected with high-tech organizations around the globe and engage in cutting edge research in such areas as entrepreneurship, innovation and project management. You will draw upon Stevens’ rich heritage in the management sciences, and its 140+ years as an applied technological university, which puts technology at the core of your learning experience.

There are two MBA program options - the Flex MBA for full-time and part-time students having a minimum of two years work experience, and the Experienced Professional MBA which is a weekend, cohort-based program that is offered on the Stevens campus on alternate Saturdays.  Applicants to the EMBA must have 5+ years of work experience.

 The following sections pertain to the FLEX MBA program. The Experience Professional MBA program is discussed later in the catalog.

Incorporating a technology-centric approach with skills development that encompasses the four Cs, the Flex MBA program is designed to help students succeed in today’s fast-paced technology-driven environment. Graduates from the program   will be able to apply their skills to contribute to excellence at the intersection of business and technology, and lead their organizations in an increasingly complex and competitive world.

The Flex MBA program is offered on campus on weekdays and via WebCampus. It can also be delivered off-campus in corporate-sponsored programs,

Degree Requirements: The Flex MBA degree comprises 16 courses (48 credits). A minimum GPA of 3.0 is required to graduate. Students with a master’s degree from the Business School may be able to apply courses from their MS towards their MBA degree. Depending on concentration chosen, as few as eight additional courses may be required for the MBA degree.

Admission Requirements: Applicants to the Flex MBA program are required to have completed a four-year bachelor’s degree and have at least two years of work experience.  All applicants must submit transcripts showing academic achievement in prior studies (bachelor's degree with at least a "B" average), two letters of recommendation, and a resume. All applicants (domestic and international) to the MBA program must submit a GMAT score (or GRE score if taken previously). Note: The GMAT requirement is waived for domestic candidates possessing an MS degree and 5 years of work experience. Meeting minimum admissions standards does not guarantee admission; minimum requirements serve as a guide to the minimum expected qualifications necessary to be considered for admission.

Admission decisions are made on a rolling basis. Students can apply at any time during the year. 

International students for whom English is a second language must demonstrate English language proficiency by submitting the results of a TOEFL or an IELTS test.

STRUCTURE OF THE FLEX MBA PROGRAM

The Flex MBA is a 48-credit degree program which comprises 16 courses. The program also offers the option for students to pursue a dual MS-MBA degree.

The Flex MBA program has four components:

1. Business Core - Foundation (8 courses)
2. Breadth (3 courses)
3. Capstone (1 course)
4. Concentrations (4 courses)

BUSINESS CORE

• MGT 600 Financial and Managerial Accounting
• MGT 606 Economics for Managers
• MGT 612 Leading People & Projects
• MGT 620 Statistical Models*
• MGT 623 Financial Management
• MGT 630 Global Business & Markets*
• MGT 641 Marketing Management
• MGT 657 Operations & Supply Chain Management
• MGT 699 Strategic Management

* Select one (Note: MGT 620 is a required course for students taking a concentration in Business Intelligence & Analytics, Finance, Marketing and Project Management)

BREADTH

• MGT 635 Managerial Judgment & Decision Making
• MGT 663 Discovering & Exploiting Entrepreneurial Opportunities
• MGT 671 Technology & Innovation Management

CAPSTONE

• MGT 798 Integration & Application of Technology Management**
• MGT 810 Field Consulting Project (full-time student option)**

** Select one (Note: The Field Consulting Project is subject to availability and is open to full-time students only)

2.  MBA CONCENTRATIONS

The Flex MBA program offers six concentrations:

• Business Intelligence & Analytics
• Finance
• Information Systems
• Innovation & Entrepreneurship
• Marketing
• Project Management

The courses comprising each concentration are listed below.

BUSINESS INTELLIGENCE & ANALYTICS

Organizations today are generating and storing massive amounts of data about their customers, their suppliers, and even their own employees, with the attendant challenge of analyzing these massive datasets to gain key insights to make informed decisions that enhance business value. And with more and more organizations embracing the ‘big data’ revolution, there is huge demand for business professionals and managers with strong analytical skills and ability to turn the numbers and stats into practical, actionable business insight. This concentration will provide you with the analytical skills needed to work in this high-demand field, enabling you to pursue careers in data-rich business environments. 

• BIA 672 Marketing Analytics
• BIA 674 Supply Chain Analytics
• BIA 658 Social Network Analytics
• BIA 670 Risk Management: Methods & Applications
• MIS 636 Data Warehousing & Business Intelligence

Choose 4 out of the 5 courses.

FINANCE

This concentration provides the basic theory and practice of corporate financial management and examines the structure of financial markets and major financial instruments. Topics include: discounting, net present value, risk, the capital asset pricing model, diversification, the term structure of interest rates, financial markets, the efficient markets hypothesis, technical and fundamental analysis, options pricing, derivatives and portfolio management. Finance students find positions in management consulting, banking and corporate finance departments. Our close proximity to Wall St. makes this major a natural choice for many students.

• MGT 638 Corporate Finance
• MGT 626 Venture Capital
• MGT 627 Investment Management
• MGT 628 Derivatives 

INFORMATION SYSTEMS

The Information Systems concentration balances general management courses with courses that are specifically designed to provide depth in information technology and management. This is an ideal education for people wishing to advance to the highest ranks within a corporate IT department. Alternatively, this mix of skills is suitable for students wishing to be business leaders in functional departments such as marketing, finance and operations. 

• MIS 620 Analysis and Development of Information Systems
• MIS 630 Database Systems and Decision Support
• MIS 710 Process Innovation and Management
• MIS 730 Integrating IS Technologies

INNOVATION & ENTREPRENEURSHIP

This concentration provides students with the knowledge and skills needed to assess technology-driven market opportunities and to start entrepreneurial ventures. In addition to joining or starting entrepreneurial ventures, students in this concentration can find employment opportunities in consulting and high-growth companies in a broad range of industries.

• MGT 672 Venture Capital
• MGT 672 Realizing Value from Intellectual Property 
• MGT 673 Global Innovation Management 
• MGT 696 Human-Centered Design Thinking

MARKETING

Advances in technology are dramatically changing the way in which products and services are marketed. This major gives you an understanding of those changes and what is driving them, and provides you with the skills and technological savvy to pursue a successful marketing career.

• MGT 648 Consumer and Business Behavior
• MIS   661 Marketing On-line
• BIA   672 Marketing Analytics
• MGT 646 Marketing Strategy

PROJECT MANAGEMENT

Excellence in project execution is the hallmark of successful companies. This major teaches new concepts in strategic project management and leadership that were developed by the School of Business faculty and have achieved international acclaim. Students in the MBA in TM with a PM major take a number of project management courses in addition to the core business courses.

• MGT 609 Project Management Fundamentals
• MGT 610  Strategic Perspectives on Project Management
• MGT 611 Project Analytics
• MGT 619 Leading Across Projects 

Master of Science-Master of Business Administration

The MS-MBA is a coordinated dual degree program enabling students who graduate with a Business School MS to apply relevant courses from their MS to their MBA degree. In most cases, the MBA degree can be obtained with 24-36 credits (8-12 courses) of additional course work depending on the chosen MBA concentration..  MS graduates must submit an application for admission to the MBA program. 

The combination of courses comprising the MS and MBA degrees provides in-depth preparation for graduates wishing to assume either general management or technology-related managerial positions. The program is designed to allow students to specialize in areas that are relevant to their careers.

Master of Science in Technology Management (MSTM)

The Master of Science in Technology Management (MSTM) is a part-time program specifically designed for experienced professionals wishing to move to a broader role in technology and business management. The MSTM program focuses on the effective management and use of technology in technology-intensive businesses. It integrates business and technology topics aimed at educating students to manage technology creatively in order to enhance business competitiveness in a global business environment. Students learn general business skills, such as accounting, finance and marketing, along with emphasis on development of technology management skills encompassing technology strategy, emerging technology and corporate entrepreneurship to assure alignment of technology strategy with business strategy.

The MSTM program consists of twelve courses that are completed in six trimesters. The courses are supplemented with workshops and practicums utilizing business simulation tools that reinforce classroom concepts, while providing students with experience running a high-tech company. The Global Business and Markets course also encompasses an international study tour where students travel abroad to countries such as China where they participate in company visits and lectures, as well as some cultural and sightseeing activities, in order to gain first-hand experience and understanding of the unique business culture and context of that country.

Courses are scheduled on alternating Saturdays on the Stevens campus from 8:30 a.m. to 5:15 p.m. In the final semester, the capstone course requires 5 consecutive Saturday sessions on the Stevens campus. Students complete their MSTM degree in 21 months. 

Degree Requirements: The MS in Technology Management consists of 12 courses (36 credits). A minimum GPA of 3.0 is required to graduate.

Admission requirements: Admission to the MSTM program requires that applicants have:

• A bachelor's degree in a relevant technical discipline.*
• 5 + years of relevant full-time work experience — managerial experience is preferred but is not required for admission to the program.

* Consideration will be given to prospective students with non-technical undergraduate degrees provided they have appropriate technology-based work experience.

Meeting minimum admission requirements does not guarantee admission; minimum requirements serve as a guide to the minimum expected qualifications to be considered for admission. Consideration will be given to prospective students with non-technical undergraduate degrees provided they have appropriate technology-based work experience.

Note: The GMAT is not required for admission to the MSTM program.

STRUCTURE OF THE MSTM PROGRAM

• EMT 623 Financial Management 
• EMT 624 Financial Analysis for Technological Organizations
• EMT 630 Global Business and Markets – includes International Trip
• EMT 642 Marketing Strategy
• EMT 695 Leading Creative Collaboration 
• EMT 714 Technology Strategy 
• EMT 715 Strategic Business Management 
• EMT 740 Technology Leadership Development 
• EMT 751 Project Management and Leadership 
• EMT 752 Corporate Entrepreneuring 
• EMT 758 Oral and Written Communications  (Thread course (no credit))
• EMT 696 Human-Centered Design Thinking 
• EMT 798 Integration and Application of Technology Management

The EMBA program is designed for experienced professionals wishing to expand their business and technology management skills beyond the boundaries provided by the MSTM program.  Applicants should have a bachelor's degree in a technical discipline, and have at least five years work experience in a technology-related field. All applicants must submit transcripts showing academic achievement in prior studies, two letters of recommendation from their companies, a letter stating their career objectives, and resume.

Degree Requirements: The Experienced Professional MBA program consists of 16 courses (48 credits). A minimum GPA of 3.0 is required to graduate.

Admission requirements: Admission to the  EMBA program requires that applicants have:

• A bachelor's degree in a relevant technical discipline.*
• 5 + years of relevant full-time work experience — managerial experience is preferred but is not required for admission to the program.

* Consideration will be given to prospective students with non-technical undergraduate degrees provided they have appropriate technology-based work experience.

Meeting minimum admission requirements does not guarantee admission; minimum requirements serve as a guide to the minimum expected qualifications to be considered for admission. Consideration will be given to prospective students with non-technical undergraduate degrees provided they have appropriate technology-based work experience. The EMBA program encompasses the MSTM curriculum, but includes additional courses that further enhance skills in business management. Students who wish to obtain their E MBA degree through this program take all of the courses in the MSTM curriculum, and then proceed to a 4-course extension program leading to the EMBA degree. The additional courses comprise:

• EMT 606 Economics for Managers
• EMT 638 Corporate Finance
• EMT 635 Managerial Judgment & Decision Making
• EMT 656 Business Law

Graduate Certificate Programs in Technology Management

The School of Business offers the following programs leading to a graduate certificate of Special Study. Students are required to meet regular admission requirements for the master’s program and complete the courses listed below. Each graduate certificate program is self-contained and highly focused, carrying 12 graduate credits. All of the graduate certificate courses may also be applied toward the master’s degree. 

Industry-Oriented Certificates:

• Healthcare Management

Discipline-based Certificates:

• Business Intelligence and Analytics
• Marketing Analytics
• Supply Chain Analytics
• Business Process Management & Service Innovation
• Information Management
• General Management (a “mini-MBA”)
• Project Management
• Technology Management
• Telecommunications Management

Details of these certificate programs are shown below.

Healthcare Management (4 courses, 12 credits)

• MGT 616 Healthcare Leadership and Management
• MGT 609 Project Management Fundamentals
• MGT 612 Leading People and Projects

One elective chosen from the following:

• MGT 614 Advanced Project Management
• MIS 689 IT Management for the Healthcare Professional.
• MGT 689 Organizational Behavior & Design

Business Intelligence and Analytics (4 courses, 12 credits)

All graduate certificate students will normally take:

• MIS 636 Data Warehousing & Business Intelligence*
• MIS 637 Knowledge Discovery in Databases*

Practitioners will normally take 2 of the following 3 courses:

• BIA 652 Multivariate Data Analytics*
• BIA 658 Social Network Analytics*
• BIA 672 Marketing Analysis
• BIA 674 Supply Chain Analysis

People intending to go on to the BI&A MS Degree will normally take 2 of the following 3 courses:

• BIA 652 Multivariate Data Analytics
• BIA 656 Statistical Learning and Analytics
• BIA 660 Web Analytics

* These four graduate certificate courses are available online.

• BIA 672 Marketing Analytics*
• Choose 3 out of the following courses:
• BIA 652 Multivariate Data Analytics
• BIA 658 Social Network Analytics (X-List with MIS669)
• BIA 660 Web Analytics
• MIS 637 Knowledge Discovery in Databases

* Required for a Graduate Certificate in Marketing Analytics

• BIA 672 Supply Chain Analytics*
• Choose 3 out of the following courses:
• BIA 650 Process Analytics and Optimization
• MGT 657 Operations Management
• BIA 658 Social Network Analytics
• MIS 637 Knowledge Discovery in Databases

* Required for a Graduate Certificate in Supply Chain Analytics

Business Process Management & Service Innovation (4 courses, 12 credits)

Choose four of the following courses:

• MIS 690 Supply Chain Management and Strategy
• MIS 710 Process Innovation & Management
• MIS 712 BPM and Workflow Implementation
• MIS 690 Supply Chain Management and Strategy
• MIS 714 Service Innovation     
• BIA 650 Process Optimization & Analytics
• BIA 657 Supply Chain Analytics 
   

Information Management (4 courses, 12 credits)

• MIS 620 Analysis and Development of Information Systems
• MIS 630 Data and Knowledge Management 
• MIS 699 Managing Emerging Information Technologies
• MIS 760 Information Technology Strategy

General Management (4 courses, 12 credits)

• MGT 615  Financial Decision Making
• MGT 641 Marketing Management
• MGT 689 Organization Theory and Behavior
• MGT 699  Strategic Management

Project Management (4 courses, 12 credits)

• MGT 609 Introduction to Project Management
• MGT 610 Strategic Perspectives on Project Management
• MGT 611 Project Analytics
• MGT 612 Leading People and Projects 

Technology Management (4 courses, 12 credits)

• MGT 615  Financial Decision Making
• MGT 641  Marketing Management
• MGT 671  Technology & Innovation Management 
• MGT 699  Strategic Management

Telecommunications Management (4 courses, 12 credits)

• TM 601 Principles of Applied Telecommunications Technology
• TM 605 Probability and Stochastic Processes
• TM 610 Business Information Networks
• TM 612 Regulation and Policy in the Telecommunications Industry