University of Illinois Gies College of Business: MS in Technology Management

The one-year, STEM-designated Master of Science in Technology Management (MSTM) degree from Gies College of Business prepares students for a future in the supply chain, marketing, consulting, or data analytics. This is a general management degree with a focus on innovation; it is not a technical degree.

This program tailors to two groups of students: those who have a few years of professional experience, and those who recently finished their undergraduate education. As such, the MSTM is for those who want to distinguish and challenge themselves. This innovative curriculum is designed with a dual purpose: to elevate the strategic acumen and management expertise of scientists and engineers, and to amplify business leaders’ analytical decision-making skills.

The MSTM program is designed to maximize preparation for managing technological change in any marketplace, and it offers students a competitive advantage. The rigorous, 40 credit-hour business-focused curriculum provides a wonderful foundation to help formulate effective, multi-pronged strategies that will ensure strong and sustainable growth.

MSTM’s coursework can be divided into three categories: core business courses that build a solid business foundation, technology management courses, and professional development activities. Concentrations offered within the MSTM program provide opportunities for students’ interests to develop. Choose from options like IT and control, supply chain management, and business data analytics. Minors in corporate governance and international business are also available, but require an additional semester to complete.

The MSTM program is primarily designed for students with a bachelor’s degree in business, engineering or other technical fields. Admission to the MSTM program is highly competitive. Decisions are based on the individual’s previous academic accomplishments, interview performance, work experience, test scores, personal statement, resume, demonstrated potential for graduate and professional success, and references. The graduate track (candidates with less than two years of full-time work experience) starts classes in June (summer) and the advancement track (candidates with two or more years of full-time work experience) starts classes in August (fall).