The Howe School of Technology Management is named for Wesley J. (Jack) Howe, who was an alumnus of Stevens Institute and a longtime chairman of the Stevens Board of Trustees. His generous support enabled the Wesley J. Howe School of Technology Management to begin its mission as a world-class center of research and learning in Technology Management in 1997.
The school traces its origins to the Institute's Management Department. The B.S. program in business and administration was created in 1960. In 1991, the Stevens Alliance for Technology Management (SATM), an industry-university partnership, was founded and continues today, under the auspices of the Howe School of Technology Management. The Alliance's mission is to help its member organizations adopt and implement more effective practices for the development and application of technology in their businesses.
In the mid-1990s, with the active participation of SATM sponsors, the Master of Science in Management of Technology program was developed. The program combined business and technology management in a broad and well-integrated experience. More than 1,000 technical professionals and executives have received the coveted Master of Technology Management for Experienced Professionals degree to date.
Today, the Howe School of Technology Management offers graduate certificates, bachelor's, master's and doctoral degrees to students in graduate study areas of Technology Management, Management, Information Systems, Telecommunications Management, Project Management, Business Intelligence & Analytics, Healthcare Leadership and Pharmaceutical Management; and in undergraduate study areas of Business & Technology, Quantitative Finance, Marketing, Finance, Management, Economics and Information Systems.
All undergraduate and graduate courses at the Howe School are accredited by the Association to Advance Collegiate Schools of Business (AACSB). AACSB accreditation represents the highest standard of achievement for business schools worldwide. Less than 5 percent of the world’s 13,000 business programs have earned AACSB accreditation. Additionally, all graduate courses that are part of the MS and MBA degrees, and particularly the Project Management courses, are accredited by the Project Management Institute (PMI). The Howe School of Technology Management has been ranked as one of the Top 10 National Research Institutes in Technology Management by the Journal of Product Innovation Management. In addition, Forbes Magazine and Princeton Review rank Stevens Institute as one of the Top 25 National Schools in Student-Enterprise Partnership.
The Howe School of Technology Management is also at the forefront in research in technology management. The Center for Technology Management Research (CTMR) conducts research on issues related to innovation and the management of technologies in a global context. Other Howe School research centers include the Consortium for Corporate Entrepreneurship (CCE), the Center for Decision Technologies (CDT) and the Center for Excellence in Business Process Innovation (CEBPI).
The CCE's mission is to significantly increase the number, speed and success probability of highly profitable products and services entering development. The CEBPI studies the interplay between business processes and the organization.
The Center for Decision Technologies focuses on decision making as a social activity. Recent research has focused on crowdsourcing — ways of organizing individuals to accomplish work — as well social analytics — understanding the role social networks play in business. The work the center has performed has application to the design of large-scale information systems, social networking websites, sensor networks, financial markets and standards. More generally, the center is interested in new forms of coordination and collaboration that can enhance current organizations, as well as creating new businesses and new industries. The center has received funding from the National Science Foundation, the Department of Homeland Security and the Office of Naval Research.
The Howe School of Technology Management is located in the Lawrence T. Babbio, Jr. Center for Technology Management, a six-story, 95,000-square-foot structure. The Babbio Center is strategically located on the west bank of the Hudson River on Hoboken's historic Castle Point, facing Manhattan with views of Wall Street. Its award-winning design compliments the Stevens campus environment with elements from Hoboken's urban grid.
The construction of the Babbio Center was made possible by a generous personal gift from Lawrence T. Babbio, Jr., the chairman of the Board of Trustees of Stevens, and additional contributions from strong Stevens supporters, including Verizon, Lucent Technologies, AT&T, the State of New Jersey and a number of esteemed Stevens alumni.