
MBA and M.S. in Business Analytics & Artificial Intelligence Dual Degree Program
Program Details
Degree
Master of Science or Dual-Degree MBASchool
School of BusinessAvailable
On Campus & OnlineThis dual-degree program offers a powerful combination of strategic management expertise and practical, in-depth knowledge of analytics and artificial intelligence.
The curriculum integrates business leadership, advanced technology and analytics, and essential human-centered skills, preparing professionals to translate data and AI capabilities into meaningful business insights and organizational impact. You will earn two separate master’s degrees at the completion of this dual degree program.
Program Benefits:
Lead in an AI-Driven Business Environment: Develop the strategic, managerial and technical expertise needed to lead organizations through rapid advances in artificial intelligence, analytics and digital transformation.
Master Advanced Analytics and AI: Build expertise in statistical analysis, machine learning, AI applications and emerging technologies while learning how these tools can address complex business challenges.
Connect Technology with Business Strategy: Learn to translate analytical and AI capabilities into business value by approaching decisions from both a strategic leadership perspective and a data-driven technical perspective.
Apply AI Responsibly: Understand the ethical considerations surrounding artificial intelligence, including issues related to bias, transparency, privacy and responsible deployment.
Gain Hands-On Experience: Apply your knowledge to real-world business challenges through projects, experiential learning and opportunities to work with industry partners.
Build a Versatile Leadership Skill Set: Combine leadership, finance, marketing and strategy with advanced analytics and AI capabilities, preparing you to manage multidisciplinary teams and lead technology-enabled initiatives.
Careers:
AI Product Manager
Analytics Manager
Business Analyst
Data Scientist
Machine Learning Professional
Management Consultant
Technology Strategist
Digital Transformation Leader
About The Stevens MBA Program
Program Highlights
A STEM-Designated MBA: Applicable concentrations of the MBA program hold the STEM designations, setting it apart from ordinary MBA offerings by infusing technology at the forefront of the curriculum. This designation also allows students from outside of the U.S. to be eligible for a 24-month extension of their Optional Practical Training (OPT).
Traditional Business Through the Technology Lens: At Stevens, conventional business disciplines are taught from a technological perspective, ensuring graduates are well-versed in leveraging leading-edge tools and methodologies to drive innovation across all aspects of a business.
AI and Machine Learning are Here to Stay: Students gain an essential understanding and practical application of AI and machine learning, equipping them to take the lead in navigating the fourth industrial revolution and propel industries forward.
Real-World Consulting Experience: The hallmark of the full-time MBA, the Industry Capstone Program, immerses students in consulting engagements with real-world companies. Students and their peers, under faculty mentors, take what they’ve learned in their courses to develop solutions to real business problems and present their recommendations to senior executives. This experience provides students with something they can speak about to hiring managers and recruiters. Open to students across graduate programs, the Industry Capstone Project encourages interdisciplinary collaboration, nurturing diverse perspectives and skill development.
Invaluable Networking Opportunities: Capstone projects involve partnering with companies, providing students with networking opportunities and allowing them to foster connections that can lead to career advancement.
GMAT/GRE test scores are optional for all master’s programs. Applicants who think that their test scores reflect their potential for success in graduate school may submit scores for consideration.
An MBA for Today's Digital Era
In today's data-driven world, the traditional business skills taught in traditional MBA programs are no longer enough. Few MBA programs fully address how the data revolution has transformed how managers recognize opportunities and identify trends. The Stevens MBA stands out by integrating technology, data analytics and advanced business practices into its core curriculum.
Taught by expert faculty, this innovative MBA program combines foundational business disciplines such as marketing, strategy and finance with cutting-edge skills in technology and business analytics. You will engage in applied exercises and real-world projects that train you to make fast, data-informed decisions. With a curriculum emphasizing collaboration through group projects, presentations and hands-on experience, you will foster both creativity and critical thinking skills.
This unique approach ensures you are prepared to lead in a rapidly evolving business landscape.
MBA Courses
MGT 808 is a 0-credit pre-requisite for MGT 809.
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.
BIA 652 Multivariate Data Analytics - 3 Credits
This course focuses on understanding the basic methods underlying multivariate analysis through computer applications using R. Multivariate analysis is concerned with datasets that have more than one response variable for each observational or experimental unit. Topics covered include principal components analysis, factor analysis, structural equation modeling, multidimensional scaling, correspondence analysis, cluster analysis, multivariate analysis of variance, discriminant function analysis, logistic regression, and other methods used for dimension reduction, pattern recognition, classification, and forecasting. Through class exercises and a project, students apply these methods to real data and learn to think critically about data analysis and research findings.
FIN 515 Financial Decision Making - 3 Credits
Corporate financial management requires the ability to understand the past performance of the firm in accounting terms; while also being able to project the future economic consequences of the firm in financial terms. This course provides the requisite survey of accounting and finance methods and principles to allow technical executives to make effective decisions that maximize shareholder value.
FIN 523 Financial Management - 3 Credits
This course provides students with a rigorous introduction to 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. Additional topics include derivative markets.
MGT 506 Economics for Managers - 3 Credits
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.
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 641 Marketing Management - 3 Credits
The study of marketing principles from the conceptual, analytical, and managerial points of view. Topics include: strategic planning, market segmentation, product life-cycle, new product development, advertising and selling, pricing, distribution, governmental, and other environmental influences as these factors relate to markets and the business structure.
MGT 657 Operations Management - 3 Credits
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.
MGT 663 Discovering & Exploiting Entrepreneurial Opportunities - 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 699 Strategic Management - 3 Credits
An interdisciplinary course which examines the elements of, and the framework for, developing and implementing organizational strategy and policy in competitive environments. The course analyzes management problems both from a technical-economic perspective and from a behavioral perspective. Topics treated include: assessment of organizational strengths and weaknesses, threats, and opportunities; sources of competitive advantage; organizational structure and strategic planning; and leadership, organizational development, and total quality management. The case method of instruction is used extensively in this course.
MGT 808 Fundamentals of Consulting - 0 Credit
This course introduces students to fundamental soft skills, work techniques, and technologies employed by management consultants. Topics covered in this course include project scoping, creating statements of work, meeting facilitation, project planning, design of presentations and written reports, management briefs, and delivery of status reports. The course will improve students’ ability to present analyses of issues and organizational problems in a concise, accurate, clear and interesting manner from the perspective of a consultant. This course is designed to be taken prior to the experiential graduate courses in the School of Business, including MGT 809: Industry Capstone Project.
MGT 809 Industry Capstone Experience - 3 Credits
In this course students work on an industry project with a team of their peers under the supervision of a faculty advisor and industry mentor. Students will work on project tasks and manage client expectations while applying their disciplinary and technical knowledge to the project. In addition to the project-specific deliverables, students will produce a statement of work, present weekly project updates, and a final presentation and project report to management. This one to two-credit course is tied to the Industry Capstone Program in the School of Business. Students must first apply for a project before registering for this course.
About The Business Analytics & Artificial Intelligence Program
In today’s AI-driven economy, organizations need professionals who can bridge the gap between business strategy, data and artificial intelligence.
The M.S. in Business Analytics & Artificial Intelligence at Stevens combines business strategy, advanced analytics and AI, preparing students to solve complex business challenges using data-driven and AI-powered approaches.
Students develop expertise in areas including statistical analysis, machine learning, artificial intelligence applications and emerging technologies such as deep learning, natural language processing and generative AI. Just as importantly, the program emphasizes the responsible use of artificial intelligence, helping students understand critical considerations involving ethics, bias, privacy and transparency.
With an emphasis on applied learning, the program gives students opportunities to tackle real-world problems and develop solutions that connect technical capabilities with business needs. Students can further tailor their education toward career goals in areas such as applied analytics and AI or data science and AI.
Business Analytics & AI Courses
Select one BIA elective class in addition to the courses listed below.
BIA 580 Foundations of Business Analytics - 3 Credits
This 3-credit course covers the major mathematical and statistical concepts that underly the field of business analytics to prepare students for the more advanced courses in the BI&A curriculum. The course material will span Linear Algebra, Differential Calculus, and elementary Probability and Statistics. It does so at an elementary level but at a level sufficient to prepare students for success in the more advanced topics covered in the remainder of the BI&A curriculum. Each mathematical and statistical concept is illustrated through one or more business applications that bridge the gap between theory and practice and demonstrate how analytics is applied in business. Additionally, the course is oriented towards data management and database disciplines to provide a seamless connection to the courses in the required database courses, Furthermore, concepts are illustrated via examples drawn from Digital Marketing, Finance, and Economics. The Pythonprogramming language is used for examples and homework assignments throughout the course because Python is the lingua franca of the business world.
BIA 650 Optimization and Process Analytics - 3 Credits
This course covers basic concepts in optimization and heuristic search with an emphasis on process improvement and optimization. This course emphasizes the application of mathematical optimization models over the underlying mathematics of their algorithms. While the skills developed in this course can be applied to a very broad range of business problems, the practice examples and student exercises will focus on the following areas: healthcare, logistics and supply chain optimization, capital budgeting, asset management, portfolio analysis. Most of the student exercises will involve the use of Microsoft Excel’s “Solver” add-on package for mathematical optimization.
BIA 654 Experimental Design - 3 Credits
This course covers fundamental topics in experimentation including hypothesis development, operational definitions, reliability and validity, measurement and variables, as well as design methods, such as sampling, randomization, and counterbalancing. The course also introduces the analysis associated with various experiments because designing good experiments involves thinking about how to analyze the obtained data. Experiments test cause-effect relationships; this course has very broad applications across all the natural and social sciences. At the end of the course, students present a project, which consists of designing an experiment, collecting data, and trying to answer a research question.
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.
MIS 630 Managing the Data Resource - 3 Credits
This course deals with strategic uses of data, data structures, file organizations and hardware as determinants of planning for and implementing a enterprise-wide data management scheme. Major course topics include data as valuable enterprise resource, inherent characteristics of data, modeling the data requirements of an enterprise, data repositories and system development life cycles.
MIS 636 Data Integration for Business Intelligence & Analytics - 3 Credits
This course focuses on the design and management of data warehouse (DW) and business intelligence (BI) systems. The course is organized around the following general themes: Knowledge Discovery in Databases, Planning and Business Requirements, Architecture, Data Design, Implementation, Business Intelligence, Deployment, Maintenance and Growth, and Emerging Issues. Practical examples and case studies are presented throughout the course. This course also includes hands-on application in various software packages.
MIS 637 Data Analytics and Machine Learning - 3 Credits
This course will focus on Data Mining & Knowledge Discovery Algorithms and their applications in solving real world business and operation problems. We concentrate on demonstrating how discovering the hidden knowledge in corporate databases will help managers to make near-real time intelligent business and operation decisions. The course will begin with an introduction to Data Mining and Knowledge Discovery in Databases. Methodological and practical aspects of knowledge discovery algorithms including: Data Preprocessing, k-Nearest Neighborhood algorithm, Machine Learning and Decision Trees, Artificial Neural Networks, Clustering, and Algorithm Evaluation Techniques will be covered. Practical examples and case studies will be present throughout the course.

