Curriculum overview
Program Overview
The design of the Stevens MBA is structured to ensure your studies closely align with your professional aspirations. In addition to a blend of tech-centric management courses that prepare you for the challenges of leadership, you will choose four courses directly focused on your career interests — either as part of a structured concentration or as free electives that let you explore different disciplines.
Prerequisites
The three prerequisite courses provide students with a foundation in basic business skills, to ensure their ability to meaningfully engage in high-level discussions with classmates. Students with business degrees or backgrounds in these fields may be eligible to waive one or more of these courses.
Foundational Courses
Foundational courses are intended for students who do not have training or prior coursework in accounting, finance and statistics. A course in business writing and communication is also required.
FIN 500 Financial and Managerial Accounting
This course will develop accounting analysis useful for managerial decision-making purposes. Topics will include an introduction to elements of financial accounting, cost-profit-volume analysis, manufacturing costs and elements of cost accounting, special decision analysis, budgeting, variances, and controllability and responsibility accounting.
FIN 523 Financial Management
This course covers the fundamental principles of finance. The primary concepts covered include the time value of money, principles of valuation and risk. Specific applications include the valuation of debt and equity securities as well as capital budgeting analysis, financial manager’s functions, liquidity vs. profitability, financial planning, capital budgeting, management of long term funds, money and capital markets, debt and equity, management of assets, cash and accounts receivable, inventory and fixed assets.
MGT 506 Economics for Managers
This course introduces managers to the essence of business economics – the theories, concepts and ideas that form the economist’s tool kit encompassing both the microeconomic and macroeconomic environments. Microeconomic topics include demand and supply, elasticity, consumer choice, production, cost, profit maximization, market structure, and game theory while the Macroeconomic topics will be GDP, inflation, unemployment, aggregate demand, aggregate supply, fiscal and monetary policies. In addition the basic concepts in international trade and finance will be discussed.
Language Of Business
Courses in this block provide fundamental skills in marketing, operations management and strategy — three crucial areas that give students mastery of topics central to every business unit in every industry.
Choose 1 of these 2 courses.
MGT 657 Operations Management - 3 Credits
This course covers the general area of management of operations, both manufacturing and non-manufacturing. The focus of the course is on productivity and total quality management. Topics include quality control and quality management, systems of inventory control, work and materials scheduling, and process management.
BIA 674 Supply Chain Analytics - 3 Credits
Supply chain analytics is one of the fastest growing business intelligence application areas. Important element in Supply Chain Management is to have timely access to trends and metrics across key performance indicators, while recent advances in information and communication technologies have contributed to the rapid increase of data-driven decision making. The topics covered will be divided into strategic and supply chain design and operations, including -among others- supplier analytics, capacity planning, demand-supply matching, sales and operations planning, location analysis and network management, inventory management and sourcing. The primary goal of the course is to familiarize the students with tactical and strategic issues surrounding the design and operation of supply chains, to develop supply chain analytical skills for solving real life problems, and to teach students a wide range of methods and tools -in the areas of predictive, descriptive and prescriptive analytics- to efficiently manage demand and supply networks.
Leadership And Innovation
The three courses in this block will challenge you to think differently about leadership — how to manage resources, inspire teams and foster innovation. You'll get a better sense of your personal leadership style while developing the confidence and capability needed to fearlessly attack missions and drive change.
Choose 1 of these 3 courses.
MGT 612 Leader Development - 3 Credits
Project success depends, largely, on the human side. Success in motivating project workers, organizing and leading project teams, communication and sharing information, and conflict resolution, are just a few areas that are critical for project success. However, being primarily technical people, many project managers tend to neglect these "soft" issues, assuming they are less important or that they should be addressed by direct functional managers. The purpose of this course is to increase awareness of project managers to the critical issues of managing people and to present some of the theories and practices of leading project workers and teams.
MGT 635 Managerial Judgment and Decision Making - 3 Credits
Executives make decisions every day in the face of uncertainty. The objective of this course is to help students understand how decisions are made, why they are often less than optimal, and how decision-making can be improved. This course will contrast how managers do make decisions with how they should make decisions, by thinking about how “rational” decision makers should act, by conducting in-class exercises and examining empirical evidence of how individuals do act (often erroneously) in managerial situations. The course will include statistical tools for decision-making, as well as treatment of the psychological factors involved in making decisions.
MGT 689 Organizational Behavior and Design - 3 Credits
This course exposes students to the macro and micro aspects of organizational behavior and theory that are essential to technology management. The macro aspects will focus on structural contingency theory as an approach to effective organizational design. The micro aspects will focus on leadership, teams, and individual behavior (e.g., motivation, job attitudes). Specific issues and problems which are covered include: the relationship of the organization with the external environment, the influence of the organization's strategies, culture, size, and production technology on the organization's design, and strategies for managing organizational processes such as teams, conflict, power/politics and organizational change. Current topics, that are key to technology management (e.g., virtual teams), will be stressed.
Analytical Thinking
Courses in this block emphasize highly advanced analytics techniques that will teach you the ways successful managers look at and use data in understanding how markets work and making better recommendations to guide the enterprise.
BIA 500 Business Analytics: Data, Models and Decisions - 3 Credits
This course explores data-driven methods that are used to analyze and solve complex business problems. Students will acquire analytical skills in building, applying and evaluating various models with hands-on computer applications. Topics include descriptive statistics, time-series analysis, regression models, decision analysis, Monte Carlo simulation and optimization models.
BIA 568 Management of AI Technologies - 3 Credits
Artificial Intelligence (AI) is an interdisciplinary field that draws on insights from computer science, engineering, mathematics, statistics, linguistics, psychology, and neuroscience to design agents that can perceive the environment and act upon it. This course surveys applications of artificial intelligence to business and technology in the digital era, including autonomous transportation, fraud detection, machine translation, meeting scheduling, and face recognition. In each application area, the course focuses on issues related to management of AI projects, including fairness, accountability, transparency, ethics, and the law.
MBA Concentrations
The MBA curriculum includes four elective courses, giving you the flexibility to explore a discipline in depth or further round out your studies. If you seek more structure, you can use your elective courses to pursue one of the below concentrations, each of which is aligned with a distinct area of need in industry.
Artificial Intelligence
BIA 610 Applied Analytics
MIS 637 Data Analytics and Machine Learning
BIA 662 Augmented Intelligence and Generative AI
BIA 667 Introduction to Deep Learning and Business Applications
Business Intelligence & Analytics
BIA 672 Marketing Analytics
BIA 674 Supply Chain Analytics
BIA 658 Social Network Analytics and Visualization
BIA 670 Risk Management Methods and Applications
Finance
FIN 526 Private Equity & Venture Capital
FIN 627 Investment Management
FIN 628 Derivatives
FIN 638 Corporate Finance
Financial Analytics
FE 511 Introduction to Bloomberg & Thomson Reuters (1-credit lab)
FE 515 Introduction to R (1-credit lab)
FE 520 Intro to Python for Financial Applications (1-credit lab)
FA 582 Foundations of Financial Data Science (2-credit lab)
FE 513 Practical Aspects of Database Design (1-credit lab)
FA 595 Financial Technology
FA 550 Data Visualization Applications
Financial Engineering
FE 543 Introduction to Stochastic Calculus for Finance
FE 610 Stochastic Calculus for Financial Engineers
FE 535 Introduction to Financial Risk Management
FE 621 Computational Methods in Finance
FE 630 Portfolio Theory and Applications
FE 620 Pricing and Hedging
Financial Technology - Fintech
The fintech concentration is designed to introduce MBA students to think critically about the challenges and opportunities from technology-driven changes in finance to bring about organizational success.
Courses
FA 582 - Foundations of Financial Data Science
FE 513 - Lab: Practical Aspects of Database Design (1 credit)
FA 595 - Financial Technology (FinTech)
FA 591 - Blockchain Technologies & Decentralized Finance
FA 596 - Digital Payment Technologies and Trends
More information on the fintech concentration
Information Systems
MIS 699 Digital Innovation
MIS 710 Process Innovation and Management
MIS 714 Service Innovation
MIS 730 Integration Information Systems Technologies
Project Management
MGT 609 Project Management Fundamentals
MGT 610 Strategic Perspectives on Project Management
MGT 611 Advanced Project Management
MGT 619 Leading Across Projects
The MBA Project Management Concentration is accredited by the PMI Global Accreditation Center for Project Management Education Programs (GAC).
Sustainability Management
SM 510 Perspectives in Environmental Management
SM 530 Sustainable Business Strategies
SM 587 Environmental Law and Management
SM 531 Sustainable Development
Capstone
After completing the rest of the curriculum, students must take the MGT 809 Industry Capstone Program.
This three-credit course trains graduate students with the application of tools and methods used by management consultants to provide advisory services to clients. Students will work on an industry project with a team of their peers. They will scope and plan the underlying project, develop a statement of work, and design and deliver status update presentations. Students will learn how to facilitate meetings with different groups of stakeholders over the course of the project, manage client expectations, and apply their disciplinary and technical knowledge to the project.
Application Deadlines
APPLICANT | FALL | SPRING | SUMMER (Domestic Applicants Only) |
|---|---|---|---|
Master's Full-Time | April 15 | November 1 | May 1 |
Master's Part-Time | August 15 | January 1 | May 1 |
Graduate programs admit students on a "rolling" basis, meaning that students may still apply after the preferred deadlines.
Students requiring an F1 Visa are strongly encouraged to apply by the preferred deadlines to allow time for visa processing.
Meet the Program Director
Brian Rothschild currently works as Assistant Dean for Graduate Studies as well as the Senior Director of Management Programs at Stevens Institute of Technology School of Business. He has been in higher education for over 30 years in both technology and business education. Brian has worked extensively in business process reengineering as well as running international and domestic conferences. Brian has a passion for helping students in every aspect of their life as they begin their careers or are using education to move up the corporate ladder faster.
Brian earned his doctorate in Organizational Leadership from Nova Southeastern University, an MS in Educational Psychology from Fordham University and a MBA in Organizational Behavior and a BA in Economics from Iona University.