Why Stevens Institute of Technology?
Stevens Institute of Technology recruits applicants for its online Master of Business Administration degree program. This large public research university in Hoboken, New Jersey administers the program through its School of Business.
While the professional experience and business success potential of applicants will be considered, there is no specific admission requirement relating to past work experience. Applications need not include the results of standardized tests. Applicants are assessed on a holistic basis. No minimum GPA is required for admission, but academic potential and prior achievement will be considered as part of the admissions process.
Program Snapshot
| University Name | Stevens Institute of Technology |
| Location | Hoboken |
| State | New Jersey |
| Niche.com Grade | A |
| Name of Degree | Master of Business Administration |
| School or Department Administering Program | School of Business |
| Credits | 48 |
| Cost per credit | $1,776.00 |
| Tuition for Entire Program | $85,248.00 |
| Test Requirements | none |
| Minimum GPA | none |
| Prerequisite Courses and Skills | none |
| Campus Visit Required? | yes |
| Typical Time to Complete | 2.5-3 years |
| When Can Students Start the Program? | Fall, Spring, Summer |
| Program Concentrations |
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| Synchronous classes | no |
| Required Courses |
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| Does the Program Include a Capstone? | no |
| Does the program include a practicum or internship? | no |
| Other Features that Make the Program Unique | 2 required immersions at the Stevens campus include meeting peers and learning from faculty and professionals, social and cultural experiences in NYC; tailored leadership development; individualized career services; engagement with NYC networks; concentration in sustainability management |
| Program Objectives (quoted directly from the program) |
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| Program Description | This degree requires 48 credits of coursework. Students do not complete a capstone course or other culminating experience. There are no formal requirements for an internship or practicum, but 2 required immersion experiences in Hoboken offer hands-on learning. Eight concentrations are offered, including distinctive opportunities in Sustainability Management, Financial Engineers, and Network and Communication Management and Services. Analytics, data literacy and innovation are stressed in all courses. |
What will I Learn?
The Stevens curriculum stresses analytical, quantitative and innovation skills, with the aim of shaping graduates who are capable of fast and effective decision-making. Analytical skills are backed up with strong technical knowledge across all areas of business. Stevens graduates aim to manage resources effectively while leading inspired teams that contribute to growth.
The program offers a rich slate of eight concentration areas: Project Management, Sustainability Management, Finance, Financial Analytics, Financial Engineering, Information Systems, Network & Communication Management & Services and Business Intelligence & Analytics.
All students must complete two immersion courses on the Stevens campus.
In addition, they must take a suite of required courses that consists of the following: Financial Management, Financial and Managerial Accounting, Economics for Managers, Marketing Management, Operations Management, Strategic Management, Leader Development, Managerial Judgement and Decision Making, Discovering and Exploiting Entrepreneurial Opportunities, Business Analytics: Data, Models and Decisions, and Applied Analytics.
How much will the program cost?
The program costs $1,776.00 per credit, and 48 credits are required. The total cost of the degree is just over $85,248.00 for the entire degree. Most students take 2.5-3 years to finish their studies.
How does the program fit into my life?
Coursework in this program is conducted using the asynchronous learning model. Students do not attend live online classes. Instead, they complete online activities on their own schedule, and meet with instructor and peers in one-on-one or team meetings. With three starts per year, in Fall, Spring, and Summer, this program allows you to begin your studies at your convenience.
Students complete the program within 2.5-3 years. The degree pathway is designed to be completed on a part-time schedule. Most participants are employed full-time while they complete coursework.
Summary
With a curriculum dominated by quantitative approaches to business decision-making, and concentrations available to financial engineering, sustainability management, and business intelligence, Stevens will attract students who are interested in innovative ways to build and manage businesses. Applicants will likely place high value on the proximity of Stevens to the business world of New York City, especially since the school prides itself on its in-person and remote engagement with leaders and networks in the City.
Stevens also offers individualized career services and leadership development designed to meet the needs of each student. At this higher price tag, it does not provide the synchronous instruction offered by many of its peer institutions.
