Carnegie Mellon University Tepper School of Business
In the last three years, the Tepper School has made a number of changes “to strengthen students’ foundational experience in management science, including new course offerings that intersect with business and technology; interdisciplinary experiential learning opportunities; and the adoption of more sophisticated analytical tools used throughout the program.” As outgoing Dean Robert Dammon said in 2020, “Technological innovation and the ubiquity of data are rapidly changing business and society. At the Tepper School, we are educating future business leaders to utilize technology, data, and analytics to make better business decisions and solve complex problems that impact our world.”
In December 2021, Tepper announced that it will launch a new Master of Science in Business Analytics degree that also will be STEM.
Case Western University Weatherhead School of Management
One of the newest STEM MBA options is Case Western’s offering, announced in September 2019. It promises graduates they will “benefit from Weatherhead’s comprehensive MBA approach while developing specific knowledge essential for a career in leadership.” The STEM MBA was designed with “a strong management core and STEM MBA electives offered in Corporate Finance, Business Analytics and Operations. Courses include Quantitative Risk Modeling, Advanced Marketing Analytics, Six Sigma and Quality Management Predictive Modeling and Artificial Intelligence.” Case Western’s STEM MBA is just the latest STEM business program offered at the Cleveland, Ohio school; earlier this year it added a STEM track in Accounting to go with already established tracks in Business Analytics, Finance, and Operations Research & Supply Chain degree programs.
University of Chicago Booth School of Business
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; Executive MBA; Master of Science degrees in Marketing, Financial Economics, and Accounting and Fundamental Analysis
Reflecting the integration of technology and data analytics into the school’s curriculum, Columbia Business School’s MBA and Executive MBA programs were officially designated STEM programs in 2020, 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 Connecticut School of Business
MBA with Concentration in Business Analytics, Digital Marketing Strategy, or Financial Management and Investments
The MBA program at the University of Connecticut School of Business offers three concentrations that have STEM CIP, or Classification of Instructional Programs, code designations: Business Analytics, Digital Marketing Strategy, and Financial Management and Investments. Each track is 12 credits.
Cornell University Johnson Graduate School of Management
Johnson Cornell Tech MBA; One-Year Management Science MBA; Two-Year Management Science MBA; MPS in Management & MPS in Management – Accounting Specialization
The 2017 Poets&Quants Program of the Year prepares students for career success in the digital economy. An MBA “designed to transform tech-focused individuals into business leaders and entrepreneurs, this one-year program is where networks, industry, and experiential learning combine.” According to the school, in the program “MBAs work with engineering, law, and computer science students to produce visionary ideas grounded in significant needs. This MBA program is all about real-world experience in ideation and creation.” In April 2020 Cornell announced the launch of two new Management Science MBAs with STEM designation, one- and two-year programs that “emphasize exploration of a broad variety of business and interdisciplinary interests while developing leadership and management expertise, business immersions, and other hands-on experiences.”
Dartmouth College Tuck School of Business
In January 2020, Dartmouth Tuck faculty approved an option for MBA students to earn formal recognition for significant learning in management science and quantitative analysis. “The growing interest in analytics tools and careers among current and prospective students was noted by the Tuck faculty during the recent core curriculum review process, resulting in an expanded focus on analytical skills in the refined core curriculum,” said Joseph Hall, senior associate dean for teaching and learning. The new option will designate a portfolio of courses across the Tuck curriculum from which interested students can select to deepen their knowledge in analytics.”
University of Delaware Lerner College of Business and Economics
MBA/MS Dual-Degree Program; MBA Major in Business Analytics; Master of Science in Business Analytics and Information Management
The Lerner College MBA/MS dual-degree program promises that students will “master the tools you’ll need to use data to leverage assets, optimize outcomes and predict future results.” The Lerner MBA’s core business courses and professional development classes “give you a solid base of business management knowledge. By choosing a business analytics major as part of your MBA, you’ll prepare for a job or career that uses data science to inform business decisions, optimize operations and predict future trends.” The Master of Science in Business Analytics and Information Management, meanwhile, “will prepare you to become a valuable employee who can manage change and innovation in any industry – your employer will rely on your skills to understand data and technology.”
Located in central Delaware within a few hours of Washington D.C., Baltimore, Philadelphia, the growing tech scene of Wilmington, and the financial centers of New York City, the Lerner School boasts accomplished faculty and a diverse cohort. The school’s state-of-the-art facilities, such as the JPMorgan Chase Innovation Center and the Lerner College Trading Center, “are designed to foster collaboration among students, faculty and industry.” The average salary for MBA graduates is north of $80K, and 96% of all students rated their overall educational experience within the Lerner graduate and MBA programs as excellent or good.