Universities offering STEM MBA in USA
Over the past three years the ever-flowing stream of international students arriving to the US universities for pursuing MBA courses have more or less come to a halt. But not anymore! Noticing this fact, business schools have integrated a specialized master's degree in science, technology, engineering, and mathematics into their curriculum.
Here's its USP - unlike the conventional MBA graduates, students graduating from STEM courses prolong their stay in the US for three more years.
It is what imparts the course a shining appeal. There's more to it. STEM graduates are at the forefront of more lucrative opportunities than those with the traditional MBA degree.
This article covers the all the B-schools in the US offering this unique blend of disciplines in their MBA education program.
1. Marshall School of Business, University of Southern California
The specialization integrates analytics and data-backed decision-making in its MBA program vision to create a competent entrepreneurial mindset. For students to be specialized in STEM, they need to take up STEM qualified courses, which will make up 50% of their electives. This specialization covers 63 units, which includes MBA core, general business, and management science electives. Students will become experts in critical areas like statistics, data analytics, finance, supply chain optimization, and digital marketing. The IBEAR STEM MBA program will be offered to those who pursue International Management Science (MBA) program.
2. Madison School of Business, University of Wisconsin
This full-time MBA STEM specialization in Operations and Technology Management is designed for students who envision themselves in leadership positions at renowned organizations. The curriculum is flexible, whereby students are trained in every aspect of Supply Chain Management, ranging from data analytics, marketing, promotion all the way to goods sourcing. After completing the program, students will become adept at adjusting themselves to the rapidly changing real-world scenario and contribute to it in the best possible ways.
3. Fuqua School of Business, Duke University
Through this STEM MBA in Management Science and Technology, students will be geared for attaining leading positions in healthcare, technology, and other such sectors. The program will give them robust expertise in frameworks, tools, and models to confront and resolve complex managerial issues. You have the option of choosing among the specialized concentrations like Decision Sciences, Energy and Environment, Energy Finance, Entrepreneurship, and Innovation, among many others. The class requirements include six electives per concentration. These concentrations will help you to polish and refine your business skills to the utmost.
4. Harvard Business School (Joint Degrees)
In 2018, Harvard introduced a STEM degree, the Master of Science in Engineering Sciences and Master of Business Administration (MS/MBA). This is a two year program with the John A. Paulson School of Engineering and Applied Sciences. The program through an interdisciplinary approach, enables students to build their knowledge of areas close to general management, finance, marketing, and organizational behaviour. The second STEM degree program, the MS/MBA Biotechnology: Life Sciences Program operates with the Graduate School of Arts and Sciences in the department of Stem Cell and Regenerative Biology at Harvard. The curriculum will instill students with skills through which they can build organizations that are committed to enhance health treatments.
5. Kellogg School of Management, Northwestern University
Northwestern University offers its STEM-designated Management Science major for MBA to international students. After completing this course, students can opt for practical training extensions to their F-1 visas, the approval of which will allow them to extend their stay for three years and work in fields related to Management Science. The STEM designated program will help students attain an expertise of analytical techniques, models, and tools that will make them experts in analysing and solving critical business challenges.
6. Ross School of Business, University of Michigan
The stem designated track by the Ross School of Business will give students of varied backgrounds an opportunity to attain knowledge of quantitative management and business analytics through its curriculum. The STEM track requires 18 credit hours that the students will complete from a set of electives that spans business disciplines like management, finance, marketing, accounting, technology, and operations. Some of the electives for the STEM track are Big Data Management: Tools and Techniques, Fintech: Blockchain, Cryptocurrencies, and Marketing Engineering and Analytics.
7. McDonough School of Business, Georgetown University
The STEM-designated Management Science MBA provides students an in-depth understanding of Management Science through its core courses that are related to Finance, Marketing, Strategy, Decision, Management, and Economics. The students will have to complete 12 credits to earn the degree. The curricullum focuses on experiential learning and facilitates much interation between students and the faculty. A wide variety of electives ensure that students tailor their curriculum according to their own career interest.
We can also shortlist STEM-based programs exclusively for your profile as per your requirements.
8. Mendoza College of Business, University of Notre Dame
This two-year full-time STEM-designated MBA in Business Analytics will open a wide range of career opportunities in various sectors where data rules impact decisions. Students pursuing the program will get to earn dual degrees. In the first year, you will study core MBA courses and introductory business analytics. In the second year, courses like Machine Learning, Data Storytelling, and Spreadsheet Decision Modelling are offered. Along with it, you have the freedom to choose from an array of electives according to your interest. With 68 credits in four semesters, students will attain a comprehensive perspective of business analytics and the real-world implementation of the same.
9. Yale School of Management
The two year STEM extension of the master's degree programs at the Yale School of Management covers critical aspects of data analytics, optimization, and mathematical modelling. MBA and Master of Advanced Management students will attain an in-depth knowledge in these areas and work to become the future leaders of big organizations. Students will learn about the application of quantitative methods to resolve business and management challenges.
10. Tuck School of Business, Dartmouth College
After observing the rising interest of students in analytics tools and techniques, the faculty at Tuck School of Business has decided to offer a portfolio of courses for students to enhance their knowledge in analytics domain. The STEM-designated degree program concentrates on Management Sciences and Quantitative Methods which will help them to broaden their skillset and attain career oriented learning.
Other Notable Universities Offering STEM MBA Programs
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University of Massachusetts
Dartmouth Charlton College of Business
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Massachusetts Institute of Technology
Sloan School of Management
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University of Delaware
Lerner College of Business and Economics
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Case Western Reserve University
Weatherhead School of Management
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College of William & Mary Raymond
A. Mason School of Business (Combined MBA/MSBA Degree)
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University of Tennessee
Knoxville Haslem College of Business (Dual MSBA/MBA)
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University of California, Berkeley
Berkeley Haas School of Business
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Johns Hopkins University
Johns Hopkins Carey School of Business
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University of North Carolina - Kenan
Flagler Business School
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University of California Davis
Davis Graduate School of Management (Online STEM-MBA)
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Indiana University
Kelley School of Business (offering STEM MBA soon)
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University of California, Irvine
Irvine Paul Merage School of Business
Final Words
The STEM movement has been gaining momentum in the U.S for quite some time now. More and more business schools are adding STEM-designated courses to their MBA programs. The extended period of stay that these degree programs offer to international students to make them the beneficiary of hands-on training experience has made it all the more popular. With STEM job opportunities expected to increase by 13% by 2027, offering more attractive salary packages than their non-STEM counterpart, it is time for you to give serious thought to it.
