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Stevens MBA (Master of Business Administration) - STEM Designated Concentration

Program Details

Degree

Master of Business Administration (MBA)

Department

School of Business Graduate Program

Available

On Campus & Online

Contact

Graduate Admissions1-888.783.8367graduate@stevens.edu
Apply Now

The Stevens MBA prepares you to lead conversations about how technology creates a strategic advantage for the business.

AACSB logo

Stevens MBA 45 Credits Icon

Full and Part Time Program

STEM designated program

USNWR top online MBA program 2025

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.

Flexible Learning with Real-World Connections: The Stevens Online MBA

The Stevens Online MBA offers a fully online, high-quality learning experience designed for working professionals looking to advance their careers while maintaining their personal and professional commitments. Recognized as a top online MBA program by U.S. News & World Report (2025), this program provides cutting-edge business, analytics and leadership skills with the flexibility of an online format.

To ensure online students build meaningful professional relationships, the program includes immersive, in-person experiences. Every year, Stevens hosts the Online MBA Immersion Weekend, where students gather on campus for networking, hands-on learning and leadership development. This event allows students to connect with peers, faculty and industry leaders, strengthening the community aspect of the MBA experience. Through interactive workshops, leadership courses and real-world discussions, students gain invaluable insights that enhance their ability to navigate today’s evolving business landscape. Learn more about the Online MBA Immersion Experience

Stevens MBA Careers

The Master of Business Administration develops in-demand knowledge and skills to put you on track for career success in a variety of roles like:

  • Data Analyst

  • Investment Manager

  • Operations Consultant

  • Risk Manager

  • Sales Operation Consultant

  • Strategy Consultant

Organizations hiring MBA graduates include companies such as: Atento, Brown Brothers Harriman, Bureau Veritas North America, Capco, Coresite, Deloitte, Deutsche Bank, Epic Systems, Express Scripts, Honeywell, L3Harris Technologies, New Jersey Devils, SAP America Inc., TD Securities, Universal McCann (UM Worldwide), Verizon and more.

Atento

Brown Brothers Harriman

Bureau Veritas

Capco

Coresite

Deloitte

Deutsche Bank

Epic

Honeywell

L3Harris

New Jersey Devils Hockey

SAP

TD Securities

Universal McCann

Verizon

Earn An MBA Just Minutes from NYC

Located just minutes from New York City, the Stevens MBA offers unparalleled access to one of the world's most dynamic business hubs. This proximity provides students with exclusive networking opportunities, real-world consulting projects and direct connections to top employers in finance, technology and consulting. With global corporations, fintech startups and Fortune 500 companies at their doorstep, Stevens MBA students benefit from internships, mentorship programs and career placement opportunities that are simply unmatched. The Industry Capstone Program frequently partners with NYC-based businesses, allowing students to apply their skills in real-world settings and make valuable industry connections before they even graduate. Whether attending networking events, guest lectures from top executives, or securing internships at leading firms, Stevens students gain a competitive edge in launching and accelerating their careers in the heart of the business world.

How An MBA Turned This Designer into An Executive

With two art degrees and a successful career in product design, Sara Swanson wanted to break into leadership roles—and the Stevens MBA helped her get there. While working full-time at J.P. Morgan, she pursued her MBA part-time, gaining critical business acumen in finance, accounting and technology management. This broadened perspective helped her better understand the business pressures and user needs of a major financial institution, ultimately accelerating her career from designer to Executive Director of Product Design.

Swanson credits the MBA for giving her a bird’s-eye view of product strategy, enabling her to communicate effectively with stakeholders and align business goals with customer needs. The flexibility of Stevens’ program, with classes in Jersey City and online, allowed her to balance work, education and life—completing her degree while getting married, buying a house, and advancing her career. Her journey shows how the Stevens MBA empowers professionals to lead, innovate, and grow—without putting their careers on hold. Read more about Sara's Story.

MBA Curriculum

The design of the Stevens MBA is structured to ensure your studies closely align with your professional aspirations. In addition to a blend of tech-centric management courses that prepare you for the challenges of leadership, you will choose four courses directly focused on your career interests — either as part of a structured concentration or as free electives that let you explore different disciplines.

Foundational Courses

FIN 500 - Financial and Managerial Accounting (3)

This course will develop accounting analysis useful for managerial decision-making purposes. Topics will include an introduction to elements of financial accounting, cost-profit-volume analysis, manufacturing costs and elements of cost accounting, special decision analysis, budgeting, variances, and controllability and responsibility accounting.

MGT 506 - Economics for Managers (3)

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.

FIN 523 - Financial Management (3)

This course covers 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.

Core Courses

BIA 500 - Business Analytics: Data, Models & Decisions (3)

Many managerial decisions - regardless of their functional orientation - are increasingly based on analysis using quantitative models from the discipline of management science. Management science tools, techniques and concepts (e.g., data, models, and software programs) have dramatically changed the way businesses operate in manufacturing, service operations, marketing, transportation, and finance. Business Analytics explores data-driven methods that are used to analyze and solve complex business problems. Students will acquire analytical skills in building, applying and evaluating various models with hands-on computer applications. Topics include descriptive statistics, time-series analysis, regression models, decision analysis, Monte Carlo simulation, and optimization models.

MGT 699 - Strategic Management (3)

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 641 - Marketing Management (3)

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 663 - Discovering and Exploiting Entrepreneurial Opportunities (3)

In this course, students will evaluate and create their own prospective business strategies. They will develop an understanding of entrepreneurship and innovation in starting and growing a business venture. Students will be given an opportunity to actually start their own business or create a business in their company by learning how to take advantage of the new order of business opportunities of the information age. This course’s main objective is to show students how to identify these opportunities, be able to formulate and evaluate both qualitatively and quantitatively whether the opportunity is worth pursuing, and, of course, how it may be pursued. Actual case studies and experiences will be intertwined with the course content.

BIA 568 - Management of AI Technologies (3)

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.

Choose either MGT 657 or BIA 674

MGT 657 - Operations Management (3)

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.

BIA 674 - Supply Chain Analytics (3)

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.

Choose One from MGT 635 or MGT 612 or MGT 689

MGT 635 - Managerial Judgment and Decision-Making (3)

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 612 - Leader Development (3)

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 689 - Organizational Behavior and Design (3)

This course exposes students to the macro and micro aspects of organizational behavior and theory that are essential to technology management. The macro aspects will focus on structural contingency theory as an approach to effective organizational design. The micro aspects will focus on leadership, teams, and individual behavior (e.g., motivation, job attitudes). Specific issues and problems which are covered include: the relationship of the organization with the external environment, the influence of the organization’s strategies, culture, size, and production technology on the organization’s design, and strategies for managing organizational processes such as teams, conflict, power/politics and organizational change. Current topics, that are key to technology management (e.g., virtual teams), will be stressed.

Capstone

MGT 808 - Fundamentals of Consulting (1)

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 your ability to present analyses of issues and organizational problems in a concise, accurate, clear and interesting manner from the perspective of a consultant. It is designed to be taken prior to the experiential graduate courses in the School of Business.

Choose either MGT 809 or MGT 702

MGT 809 - Industry Capstone Experience (1)

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 three-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.

MGT 702 - Practicum in Management (1)

This course involves an educationally relevant, practical assignment that augments the academic content of the student’s program. Students engage in a project in a company project related to the focus of their academic program. The project is conducted under the supervision of a faculty advisor and an industry mentor. During the semester, the student must submit written progress reports and at the end of the semester, a detailed written report that describes his/her activities and knowledge gained during that semester. This is a one-credit course that may be repeated up to a total of three credits. With approval of the Program Director and faculty supervisor, students may also take this course for three credits in one semester.

MBA Concentrations

The MBA curriculum includes four elective courses, giving you the flexibility to explore a discipline in depth or further round out your studies. If you seek more structure, you can use your elective courses to pursue one of the below concentrations, each of which is aligned with a distinct area of need in industry. 

Artificial Intelligence

BIA 610 - Applied Analytics (3)

Applied Analytics is a capstone course for the analytic-focused MBA program. It is intended to integrate all previously taken coursed in the program by presenting a set of increasingly complex business problems. These problems can be solved through analytic skill taught in this and previous courses. In particular, the course is intended to reinforce the understanding of analysis as way to build models that can focus attention on parts of the system that can be improved through intervention. The early part of the course uses synthetic data and empirical data readily available for analysis. The second part of the course encourages students to state and solve their own problem, gathering their own data as a part of the analytic process.

MIS 637 - Data Analytics and Machine Learning (3)

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.

BIA 662 - Augmented Intelligence and Generative AI (3)

This course explores the area of cognitive computing and its implications for todays world of big data analytics and evidence-based decision making. Topics covered as part of this seminar include: cognitive computing design principles, natural language processing, knowledge representation, advanced analytics, as well as IBM's Watson DeepQA and Google's TensorFlow deep learning architectures. Students will have an opportunity to build cognitive applications, as well as explore how knowledge-based artificial intelligence and deep learning are impacting the field of data science.

BIA 667 - Introduction to Deep Learning and Business Applications (3)

This course introduces fundamentals of deep learning with a focus on business applications to students in the School of Business, who, mostly, are beginners of this field. It starts with basic constructs of neural networks and progresses into widely used models including convolutional neural networks, recurrent networks, generative models, and reinforcement learning. Extensive hands-on experiments are provided in class or as assignments for students to practice each model, understand its applicable scenarios, and build practical skills. In addition, various successful deep learning business applications will be studied in this class. Moreover, the potential implications and risks of applying deep learning in the business world will be discussed, and relevant techniques to address such issues will be provided. The objective of this course is to provide students the fundamental concepts of deep learning and to build students’ practical skills of applying deep learning to solve real business problems. Prerequisite course required MIS 637 or equivalent and BIA 660.

Business Intelligence & Analytics

BIA 672 - Marketing Analytics (3)

In this course, students will learn about marketing analytics techniques such as segmentation, positioning, and forecasting, which form the cornerstone of marketing strategy in the industry. Students will work on cases and data from real companies, analyze the data, and learn to present their conclusions and make strategic recommendations.

BIA 674 - Supply Chain Analytics (3)

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.

BIA 658 - Social Network Analytics and Visualization (3)

Given a data matrix of cases-by-variables, a common analytical strategy involves ignoring the cases to focus on relations among the variables. In this course, we examine situations in which the main interest is in dependent relations among cases. Examples of “cases” include individuals, groups, organizations, etc.; examples of “relations” linking the cases include communication, advice, trust, alliance, collaboration etc. Application areas include social media analytics, information and technology diffusion, organization dynamics. We will learn techniques to describe, visualize and analyze social networks.

BIA 670 - Risk Management and Simulation (3)

Theoretical and practical aspects of risk assessment and management will be covered. Major topics include: Importance of innovation and technological changes in current competitive environment, risk and uncertainty, decision trees, binomial methods and derivation of Black-Scholes option pricing formula, extension of option methodology to non-financial (real) options, VAR (value at risk), a framework of risk assessment, and several real-world case studies. The course is designed for all students in the School of Technology Management.

Finance

FIN 510 - Financial Statement Analysis (3)

This course deals with (1) interpretation of financial statements, (2) evaluation of the alignment between business strategies and financial performance, (3) identification of potential business risks, and (4) comparison of performance of different companies. The course introduces business analysis and valuation techniques and utilizes real world data to help students comprehend financial statement analysis tools. Topics covers financial statement information, tools of financial statement analysis, and forecasting and valuation techniques.

FIN 526 - Private Equity and Venture Capital (3)

This course addresses the fundamentals of venture capital, which includes the venture capital industry, the structure of venture capital firms and venture capital investments. It addresses in some detail the relationship between venture risk and return, the cost of venture capital and the valuation of high growth companies. The course covers a variety of valuation methods as well as analysis of company capital structure or “cap tables”.

FIN 627 - Investment Management (3)

This course takes a practical approach to managing investments. It covers a wide variety of investment vehicles ranging from pure equity and debt offerings to complex derivatives and options. Various investment strategies are presented which are focused on the different fundamental approaches and tactics used by leading investors to achieve their financial goals. The course also focuses on investment styles, including momentum, growth, income, distressed, asset allocation, and vulture investing, to name just a few. Students participate in real time simulation experiences to create viable portfolios of stocks, bonds and other investments; while tracking their performance against the overall market and the class on a weekly basis throughout the course.

FIN 638 - Corporate Finance (3)

This course serves as a second semester sequence in corporate finance. Students enrolling should have a mastery of the topics of covered in Managerial Finance I (EMT 623), including time value of money, capital budgeting, risk adjusted hurdle rates, managerial accounting, and ratio analysis. Among the topics covered in EMT 638 are: leverage on the balance sheet and weighted average cost of capital; bankruptcy, turnarounds, and recapitalizations; international currency hedging; stock options; private equity valuation; mergers and acquisitions; and the issuance of public and private securities.

Financial Analytics

FE 511 - Introduction to Bloomberg LSEG, and Capital IQ (1)

This course is designed to teach students the nature and availability of financial data available at Stevens. The focus of the course will be on equity, futures, FX, options, swaps, CDS’s, interest rate swaps, etc. Students will learn to how use a Bloomberg terminal, and as part of the course, students will be certified in the four areas that Bloomberg offers certification. We will also cover the LSEG tick history data, S&P Capital IQ, and basics of using these data. The course also introduces basics of applied statistics. Bloomberg terminal access will be arranged for any student taking the course online.

FE 515 - Introduction to R (1)

In this course the students will learn the basics of the open source programming language R. The language will be introduced using financial data and applications. Basic statistical knowledge is required to complete the course. The course is designed so that upon completion the students will be able to use R for assignments and research using data particularly in finance.

FE 520 - Introduction to Python for Financial Applications (1)

This course aims to give students hands-on practical experience with the Python programming language. The course will cover the basic syntax rules, modules, importing packages (e.g., numpy, pandas), data visualization, and introductory topics in machine learning using Python. Students will apply topics learned in this course to solve financial programming problems. This course is designed for students who have limited or no experience with Python.

FE 513 - Financial Lab: Practical Aspects of Database Design (1)

The course provides a practical introduction to fundamental data science techniques. Students will become familiar with databases and working with data analysis tools. Students will be able to manage data in various databases and solve financial problems using R program packages. This course is designed for graduate students in the Finance programs at the School of Business.

FA 582 - Foundations of Financial Data Science (2)

This course will provide an overview of issues and trends in data quality, data storage, data scrubbing, data flows, and data encryption. Topics will include data abstractions and integration, enterprise level data issues, data management issues with collection, warehousing, preprocessing and querying. Furthermore, the Hadoop based programming framework for big data issues will be introduced along with any governance and policy issues. These concepts will be applied to areas such as digital marketing and computational advertising, energy and healthcare analytics, social media and social networks, and capital markets financial data. A one credit Hanlon lab course, FE 513: Practical Aspects of Database Design will be attached to this course in order to facilitate learning of the practical side of data management.

Financial Engineering

FE 630 - Portfolio Theory and Applications (3)

This course introduces the modern portfolio theory and optimal portfolio selection using optimization techniques such as linear programming. Topics include contingent investment decisions, deferral options, combination options and mergers and acquisitions. The course then focuses on financial risk management with emphasis on Value-at-Risk (VAR) methods using general and parametric distributions and VAR as a risk measure. Real world scenarios are studied.

FE 620 - Pricing and Hedging (3)

Following an introduction to the financial markets for equity, FX, interest rates, commodities and credit, covering the main traded products including derivatives (futures, forwards, and options), this course deals with basic financial derivatives theory, arbitrage, hedging, and risk. The course introduces the risk neutral pricing approach for derivatives valuation and hedging, which is presented both in discrete time and in continuous time. The Black-Scholes theory for option pricing is introduced, and is used to study valuation, the Greeks and hedging of derivatives.

Prerequisite or corequisite: FE 543 or FE610, or permission of the instructor.

Choose either FE 543 or FE 610

FE 543 - Introduction to Stochastic Calculus for Finance (3)

This course introduces stochastic calculus to students of finance and financial engineering. Initially the students are exposed to the Binomial Asset Pricing model, which is used to develop the theory around martingales and risk-neutral pricing with discrete examples. The course then moves into using Geometric Brownian motion which leads to the Black-Scholes-Merton model as its basis for the stock market to develop the theory for continuous models. This course is intended for students who are interested in stochastic calculus but have only a basic background in probability.

FE 610 - Stochastic Calculus for Financial Engineers (3)

This course provides the foundation for understanding modern financial theory through applied mathematics. Stochastic processes are used to model a variety of financial processes such as stock prices, portfolio valuations, and interest rate models. The students will learn how to apply Ito integrals and implement arbitrage free pricing of derivatives. This is then expanded on to include stochastic differential equations and exotic option pricing as well as the basis of jumpdiffusion models. Applications to financial instruments are discussed throughout the course. Students are expected to have a strong background in applied mathematics (analysis and calculus) and probability.

Choose either FE 535 or FE 621

FE 535 - Introduction to Financial Risk Management (3)

This course deals with risk management concepts in financial systems. Topics include identifying sources of risk in financial systems, classification of events, probability of undesirable events, risk and uncertainty, risk in games and gambling, risk and insurance, hedging and the use of derivatives, the use of Bayesian analysis to process incomplete information, portfolio beta and diversification, active management of risk/return profile of financial enterprises, propagation of risk, and risk metrics.

FE 621 - Computational Methods in Finance (3)

This course provides computational tools used in industry by the modern financial analyst. The current financial models and algorithms are further studied and numerically analyzed using regression and time series analysis, decision methods, and simulation techniques. The results are applied to forecasting involving asset pricing, hedging, portfolio and risk assessment, some portfolio and risk management models, investment strategies, and other relevant financial problems. Emphasis will be placed on using modern software.

Financial Technology - Fintech

FA 582 - Foundations of Financial Data Science (2)

This course will provide an overview of issues and trends in data quality, data storage, data scrubbing, data flows, and data encryption. Topics will include data abstractions and integration, enterprise level data issues, data management issues with collection, warehousing, preprocessing and querying. Furthermore, the Hadoop based programming framework for big data issues will be introduced along with any governance and policy issues. These concepts will be applied to areas such as digital marketing and computational advertising, energy and healthcare analytics, social media and social networks, and capital markets financial data. A one credit Hanlon lab course, FE 513: Practical Aspects of Database Design will be attached to this course in order to facilitate learning of the practical side of data management.

FA 595 - Financial Technology (3)

This course deals with financial technology underlying activities of markets, institutions and participants. The overriding purpose is to develop end-to-end business decision making data analytics tools along with enterprise level systems thinking. Statistical learning algorithms will be connected to financial objects identification and authentication along with the appropriate databases to create enterprise level financial services analytics systems.

FA 591 - Blockchain Technologies & Decentralized Finance (3)

The course will introduce concepts of Blockchain technologies as they apply to decentralized finance. The course starts with cryptocurrency and advances the concept of smart contracts as they apply to financial instruments. The course is technical and requires knowledge of programming in Python as well as financial instruments and concepts. Programming in solidity is learned throughout the class. The course discusses risk management concepts, stable coins as well as how regulations may impact the area.

FA 596 - Digital Payment Technologies and Trends (3)

This course introduces students to the up-to-date payment systems and innovative financial technologies (FinTech) in the payment systems. Common payment systems such as checking, ACH, cards, cash, wire transfer are discussed. Students learn the mechanisms of FinTech innovations, including the Non-Fungible Tokens (NFTs). Students also learn how to set up digital wallets and interact with the blockchain.

FE 513 - Financial Lab: Practical Aspects of Database Design (1)

The course provides a practical introduction to fundamental data science techniques. Students will become familiar with databases and working with data analysis tools. Students will be able to manage data in various databases and solve financial problems using R program packages. This course is designed for graduate students in the Finance programs at the School of Business.



Information Systems

MIS 699 - Digital Innovation (3)

IT organizations must be able to leverage new technologies. This course focuses on how organizations can effectively and efficiently assess trends and emerging technologies in data and knowledge management, information networks, and analyzing and developing application systems. Students will learn how to help their organizations define, select, and adopt new information technologies.

MIS 710 - Process Innovation and Management (3)

This course focuses on the role of information technology (IT) in reengineering and enhancing key business processes. The implications for organizational structures and processes, as the result of increased opportunities to deploy information and streamlining business systems are covered.

MIS 714 - Service Innovation (3)

This course leads students through the identification, analysis, definition, and deployment of service opportunities within public and private organizations. Each of these phases is analyzed in detail to encompass the principal activities, methods, tools and techniques applied in the respective phase. Students will learn how to identify appropriate supporting techniques and information technologies for the different phases of the service life cycle, assess the role of technology, and gauge the organizational impact of service-focused operations. The objective of the course is to enable students to identify, implement and evaluate innovative service offerings in their organization.

MIS 730 - Integrating Information System Technologies (3)

This course focuses on the issues surrounding the design of an overall information technology architecture. The traditional approach in organizations is to segment the problem into four areas - network, hardware, data and applications. This course will focus on the interdependencies among these architectures. In addition, this course will utilize management research on organizational integration and coordination science. The student will learn how to design in the large, make appropriate choices about architecture in relationship to overall organization goals, understand the different mechanisms available for coordination and create a process for establishing and maintaining an enterprise architecture.

Project Management

MGT 609 - Project Management Fundamentals (3)

This course deals with the basic problems of managing a project, defined as a temporary organization built for the purpose of achieving a specific objective. Both operational and conceptual issues will be considered. Operational issues include definition, planning, implementation, control, and evaluation of the project. Conceptual issues include project management vs. hierarchical management, matrix organization, project authority, motivation, and morale. Cases will be used to illustrate problems in project management and how to resolve them.

MGT 610 - Strategic Perspectives on Project Management (3)

This course provides a theoretical perspective on project management for a better understanding of project implementation in modern organizations. The course is based on the premise that success in project leadership depends on a proper managerial style and attitude, and not on specific tools for planning and controlling. The course focuses on developing the manager’s conceptual thinking and on building “the project manager’s mind.” The course helps managers see the entire project landscape and the long-term issues that are critical to project success. It will also address the organizational aspects of initiating and running the program.

MGT 611 - Project Analytics (3)

Formalized procedures, tools, and techniques used in conceptual and detailed planning of the project. Development of work breakdown structure as the foundation for project cost and project duration. Application of project data in monitoring the project progress and in formulating remedial actions in response to unexpected occurrences.

MGT 619 - Leading Across Projects (3)

This course focuses on key leadership skills for addressing the complex challenges posed by program management, highly- matrixed environments and cross-national collaborations It’s purpose is enhance individuals’ abilities to develop others, strategically integrate efforts across groups, and drive change. The concepts presented are theory and research driven so that participants can deepen their conceptual understanding. At the same time, the course calls upon learners to address real-life challenges they face as program and or director level leaders. Each session presents effective techniques and uses experiential exercises or assignments to provide plenty of practice. The course also requires participants to further transfer learning to their workplaces through focused development planning and coaching support.

Project Management Institute Logo

The MBA Project Management Concentration is accredited by the PMI Global Accreditation Center for Project Management Education Programs (GAC).

Sustainability Management

SM 510 - Perspectives in Environmental Management (3)

This course addresses environmental management and its role in sustainability from multiple perspectives, including but not limited to that of a natural scientist, an engineer, a marketing manager, an economist, an environmental lawyer, and a policy maker. The course also introduces students to some of the many tools used by environmental managers, such as life cycle analysis, environmental audit, etc. Students will learn from the course instructor and invited subject matter experts, who will explain in a non-technical manner that is intended for adequate comprehension by students from diverse fields of study on how their respective disciplines contribute to proper management of our environment, thereby making our world more sustainable.

SM 530 - Sustainable Business Strategies (3)

This course will focus on best practices and emerging trends in sustainable business management. Topics will include corporate social responsibility, sustainable business theories, green business models, value chain management, green marketing, triple bottom line reporting, benefit-cost analysis and sustainability metrics and reporting. Students will explore the relationship between business management and sustainability goals for a number of industrial sectors. The course will include case studies as a tool for assessing strategies, identifying opportunities for improvements and recommending future actions. Students will be introduced to commonly used sustainability reporting frameworks and will use them to evaluate objective-setting and progress towards green goals.

SM 587 - Environmental Law and Management (3)

This class addresses a survey of legal and regulatory approaches to environmental protection. Topics include: environmental ethics, National Environmental Policy Act, state and federal environmental agencies; Clean Water Act, Safe Drinking Water Act, Superfund, Resource Recovery and Conservation Act, Right-to-know, Environmental Cleanup Responsibility Act, and wetlands protection.

SM 531 - Sustainable Development (3)

This course addresses issues of sustainable development at the local, regional and global scales. Topics include understanding of the definitions, history, current status and future outlook of sustainable development. Population dynamics, wealth distribution, principles of economic growth, social dimensions of sustainable growth (poverty, food security, health, education, social inclusion), biodiversity and ecosystem dynamics, climate change. Sustainable development stakeholders and their roles and responsibilities including individuals, advocacy groups, local, regional and country-level governing bodies, NGO’s and corporations. Legal, policy and regulatory aspects of sustainable development. A systems view of sustainability and sustainable development including the concepts of global boundaries and resiliency.

Artificial Intelligence's Impact on MBA Programs

AI is transforming business, and Stevens ensures its MBA graduates are prepared to lead in this data-driven era. Unlike traditional MBA programs, the Stevens STEM-designated MBA integrates AI, machine learning and business analytics into its core curriculum, giving students a competitive edge in industries where data-driven decision-making is essential. From AI-powered strategy and predictive analytics to real-world consulting through the Industry Capstone Program, Stevens equips students with both technical fluency and leadership skills.

This forward-thinking approach positions graduates for in-demand roles such as AI strategy consultants, data-driven product managers and financial analysts leveraging AI. Stevens also enhances learning with AI-powered tools and adaptive learning experiences, ensuring students stay ahead of emerging trends. As AI reshapes industries, Stevens MBA graduates stand out because they are prepared to drive innovation, optimize operations and lead businesses into the future.

Application Deadlines

APPLICANT

FALL

SPRING

SUMMER (Domestic Applicants Only)

Master's Full-Time

April 15

November 1

May 1

Master's Part-Time

August 15

January 1

May 1

  • Graduate programs admit students on a "rolling" basis, meaning that students may still apply after the preferred deadlines.

  • Students requiring an F1 Visa are strongly encouraged to apply by the preferred deadlines to allow time for visa processing.

  • 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.

Meet the Program Director

Headshot of Program Director Brian RothschildBrian Rothschild currently works as Assistant Dean for Graduate Studies as well as the Senior Director of Management Programs at Stevens Institute of Technology School of Business. He has been in higher education for over 30 years in both technology and business education. Brian has worked extensively in business process reengineering as well as running international and domestic conferences. Brian has a passion for helping students in every aspect of their life as they begin their careers or are using education to move up the corporate ladder faster.

Brian earned his doctorate in Organizational Leadership from Nova Southeastern University, an MS in Educational Psychology from Fordham University and an MBA in Organizational Behavior and a BA in Economics from Iona University.

Frequently Asked Questions (FAQs)

What is an MBA?

MBA stands for Master of Business Administration, it is a graduate degree designed to provide students with a comprehensive understanding of business operations, leadership strategies and management techniques. The Stevens MBA prepares graduates to take on leadership roles by offering a broad business education that covers finance, marketing, operations and organizational behavior.

Throughout this graduate program, students will learn how to solve complex business challenges, develop innovative solutions and manage teams effectively. Whether working in corporate, non-profit or entrepreneurial settings an MBA offers the flexibility to excel in various sectors. MBA graduates often find themselves in management roles that drive organizational growth and innovation.

What Do MBA Graduates Do?

After earning an MBA, graduates are equipped to take on various leadership roles within organizations. Their responsibilities could include strategic planning, managing teams, optimizing operational efficiency and driving business growth. They often serve as department heads, consultants or even find themselves in C-suite executive roles helping businesses navigate complex markets and achieve their long-term goals.

Graduates can also specialize in areas such as finance, marketing, or operations, applying their analytical and leadership skills to improve organizational performance. Their expertise in problem-solving and decision-making makes them valuable assets in high-stakes environments.

Should I Earn an MBA?

Earning an MBA can help you advance your career, increase your salary, build leadership skills and expand your professional network. It’s especially valuable if you want to move into management, start your own business, or switch industries.

What Makes the Stevens MBA Different From Other Programs?

The Stevens MBA stands out by integrating technology, data analytics and AI-driven decision-making into every aspect of the curriculum. Unlike traditional MBA programs, certain concentrations within the Stevens MBA takes a STEM-focused approach, equipping students with the analytical and strategic skills needed to lead in today’s tech-driven business world. The Industry Capstone Program also provides hands-on consulting experience with real companies, ensuring graduates leave with tangible, job-ready expertise.

How Long Does It Take to Complete the Program Full-Time vs. Part-Time?

  • Full-time students complete the program in as little as 21 months.

  • Part-time students typically finish within 2-3 years, depending on course load.

What is the Average Salary of Stevens MBA Graduates?

Graduates earn an average starting salary of $82,563, with an average signing bonus of $9,143.

Why Choose The MBA at Stevens?

  • Applicable concentrations of the MBA program hold the STEM designations

  • Hands-On Experience

  • In-Demand Skills

  • Flexible Format

  • Career Acceleration

You May Recognize This Program As...

  • Professional Master of Business Administration

MBA: Facts & Figures

#1
Best Online MBA Programs in NJ
$84,880
Avg. Starting Salary of All Stevens MBA Programs
Class of 2024 MBA Outcomes