All The STEM Programs At Major U.S. Business Schools

Indiana Kelley’s move to make five disciplines within its MBA STEM was announced in early March. Kelley photo

Indiana University Kelley School of Business

Five Majors in Full-Time MBA: Accounting, Business Analytics, Finance, Marketing, and Supply Chain & Operations

Indiana Kelley reported 36% internationals in the fall 2019 intake, a rebound to 2016 levels. But the school isn’t resting there: Among the measures it took this year to address the new reality of general declining interest in full-time MBA programs, Kelley will offer STEM-designated MBA degrees in five disciplines: Accounting, Business Analytics, Finance, Marketing, and Supply Chain & Operations. The change will cover all Kelley MBA students graduating with those majors in 2020 or later. “STEM helps with international students finding jobs in the U.S., helps bring them to Kelley, helps Kelley attract corporate partners who haven’t worked with us before,” says Ash Soni, executive associate dean for academic programs. “It’s a no-brainer.”

New York University Stern School of Business

Entire Full-Time MBA; 1-Year Andre Koo Technology & Entrepreneurship MBA

“This has clearly become an important issue for international students as they are looking at MBA programs and potential higher-education opportunities,” says JP Eggers, NYU Stern’s vice dean for MBA programs and academic director of the Andre Koo Technology and Entrepreneurship MBA, which like the full-time MBA is STEM-designated. “Three or four years ago, nobody was talking about this and now everyone is talking about it. We’ve certainly had a number of students who’ve asked about the designation; many have mentioned that they were specifically happy when the Tech MBA was designated as a STEM program. There’s no good way to run a case control analysis where we could tell what would have happened in terms of interest or applications or whatever if it hadn’t been designated.

“So it’s hard to tell, but to me that is a secondary part of this. It’s really around doing the most we can for our students.”

Syracuse University Whitman School of Management

MS in Business Analytics; MS in Finance; MS in Marketing; MS in Supply Chain Management

Students in the MS in Business Analytics program at the Whitman School complete 36 credit hours of courses “that develop an interdisciplinary understanding of the applications of analytics to the fields of accounting, finance, marketing and supply chain management by using techniques for data collection, data visualization, statistical and pattern analysis and data mining.” Benefits of the Finance program include “access to current market data, live news feeds, software for analysis and other resources used by professionals in the field” and “preparation for Bloomberg certification and professional exams, such as CFA, FRM, and CAIA designations.”

Chicago Booth’s MBA is entirely STEM-designated. Chicago Booth photo

University of Chicago Booth School of Business

Entire Full-Time MBA

Chicago Booth’s MBA places an emphasis on “analyzing problems, generating key insights, and implementing creative solutions,” making it ideal for STEM designation. “We stress the importance of asking questions and examining ideas. You’ll gain a superior ability and confidence to handle situations where there are no predetermined answers.”Foundation courses focus on developing analytical tools and knowledge that supports the rest of the curriculum. Functions, Management, and Business Environment courses cover “basic business functions (finance, marketing, and operations); management (decisions, people, and strategy); as well as the business environment in which firms operate.” There are 13 available concentrations, including Analytic Finance and Business Analytics.

Columbia Business School

Entire Full-Time MBA

Reflecting the integration of technology and data analytics into the school’s curriculum, Columbia Business School’s MBA and Executive MBA (EMBA) programs were officially designated STEM programs retroactive to the school’s May 2019 graduates. Calling the STEM designation a vital enhancement to the MBA and EMBA programs, Dean Costis Maglaras emphasized the school’s commitment to providing all graduates with the knowledge and skills they will need to thrive in rapidly evolving, data-driven industries.

University of California-Irvine Paul Merage School of Business

Entire Full-Time MBA; Analytics in Digital Leadership Concentration

Merage School of Business specifically redesigned its MBA curricula, course content, delivery modes, and co-curricular programs “to create unparalleled learning experiences with a single goal: preparing you to propel your career and lead your organization to success in our digitally driven world.” The Merage FTMBA degree is now fully STEM-designated, “dedicated to deepening student’s knowledge and leadership of Management Science and Quantitative Methods. The new Analytics in Digital Leadership concentration “has been designed for MBA students interested in deepening their knowledge of specific coding languages and analytical tools such as Python, SQL and Tableau. It was built to be aligned with managerial functions in data analytics, data science, business intelligence and strategy.

Questions about this article? Email us or leave a comment below.