Graduate Degree - Master of Business Administration Degree: STEM

Program:
Master of Business Administration Degree: STEM
Program Code:
STEM_MBA Business Administration
Program Level:
GRAD
Award Type:
Business Administration
College:
Eli Broad College of Business
Relevant Excerpt(s) from Academic Programs:
Department:
Eli Broad College of Business Dean


Excerpt from the official Academic Programs Catalog:

Listed below are the approved requirements for the program from the official Academic Programs Catalog.
Students must consult their advisors to learn which specific requirements apply to their degree programs.


The Eli Broad College of Business and The Eli Broad Graduate School of Management

Graduate Study

Master of Business Administration Degree: STEM

The STEM Master of Business Administration full-time, two-year degree program is designed to prepare students for management and leadership roles in new economy organizations where decision-making is largely data-driven. The program operates in tandem with the MBA program, however the STEM M.B.A. degree limits the number of qualitative electives. 

Full-time STEM M.B.A. students must select a concentration from management science, finance, marketing, or supply chain management. They have flexibility to choose preferred qualitative elective course work to support their career goals. Courses from other colleges may also be used with the approval of the Director of the full-time M.B.A. Program.

Only Plan B (without thesis) is available to students who are enrolled in the STEM M.B.A. degree programs.

Admission

The full-time STEM M.B.A. program normally extends over 21 months and consists of two fall and spring semesters and an enrichment experience during the intervening summer. Applicants are admitted to the program for fall semester only. 

A strong education in any field is good preparation for graduate study in business administration. Prior academic work in business is helpful, but not required. Students with undergraduate degrees in the sciences, engineering, economics, and the liberal arts are encouraged to apply.  Two or more years of work experience after completing a bachelor's degree is strongly recommended.

To be considered for admission to the full-time STEM M.B.A. program, an applicant must:
  1. Submit to the Director of the full-time STEM M.B.A. Program a completed full-time M.B.A. application packet that is available at www.mba.broad.msu.edu.
  2. Take the Graduate Management Admission Test (GMAT) and have the scores submitted to the Broad School. The test must be taken not more than five years prior to the submission of the application for admission to the program. Equivalents may be considered with the approval of the Director of Admissions.
  3. Complete the required personal interview with a representative of the full-time STEM M.B.A. Program Office.
Minimum standards for admission are:
  1. A bachelor's degree from a recognized educational institution with a clear focus on quantitative preparation, as opposed to evidence of quantitative strength.
  2. An academic record equivalent to at least 3.00 (B) in the last two years of undergraduate work.
  3. Scores on the GMAT that reflect  a general aptitude for success in graduate study and a clear acumen for future quantitative work.
  4. Personal attributes such as demonstrated management potential and maturity.
  5. Personal qualifications of sound character, intellectual curiosity, perseverance, and a drive to succeed.
  6. Evidence of professional potential in a quantitative field as evidenced by earlier experience, letter of recommendation, or undergraduate preparation.
Admission to the program is competitive, and meeting the minimum standards listed above does not guarantee admission. Although all of the above minimum standards must normally be met, the applicant's overall record is considered.

Each full-time STEM M.B.A. student is required to have a personal laptop computer with a minimum configuration approved by the Director of the full-time STEM M.B.A. Program.

Students who are admitted to the full-time STEM M.B.A. program must participate in a non-credit orientation program designed to prepare students for success in the team-based management education program and curriculum.

Requirements for the STEM Master of Business Administration Degree
A total of 61 credits is required for the degree.
1. Complete all of the following:
a. All of the following core courses:
MBA 802 Financial Accounting and Reporting Strategy 1.5
MBA 804 Applied Data Analysis for Managers 1.5
MBA 806 Social Issues in Management 1.5
MBA 808 Leadership and Teamwork 1.5
MBA 812 Accounting for Decision-Making and Control 1.5
MBA  814 Applied Economics 1.5
MBA  816 Managerial Communication Strategy and Tactics 1.5
MBA  817 Designing and Delivering Impactful Business Presentations  1.5
MBA  820 Marketing Management 3
MBA  821 Introduction to Supply Chain Management Concepts 3
MBA  822 Corporate Investment Decisions 3
MBA  823 Information Technology Strategy 1.5
MBA  824 Managing the Workforce 1.5
MBA  843 Career Management 1
MBA  845 Integrative Action Projects 4
MBA  846 Executive Lecture Series 1
MBA  850 Strategic Management 1.5
b. A quantitatively-driven concentration in management science, finance, marketing, or supply chain management (12 credits) or other approved concentration approved by the Director of the full-time STEM M.B.A. program. Students may take two concentrations if their schedule permits.
c. At least 3 credits of international business selected from courses approved by the Director of the full-time STEM M.B.A. program.
2. Students may use remaining elective credits to design an academic program to support their professional goals using courses across the business college disciplines. Students may select electives from the following courses:
ACC 822 Information Systems Project Management 1.5
ACC 843 Value Chain Accounting and Analytics 1.5
FI 845 Financial Modeling and Simulation I 1.5
FI 846 Financial Modeling and Simulation II 1.5
FI 852 Financial Derivatives I 1.5
FI 855 Financial Derivatives II 1.5
FI 857 Security Analysis and Portfolio Management 3
FI 862 Corporate Strategy Valuation 3
FI 865 Corporate Real Options Valuation 1.5
FI  869 Entrepreneurial Finance and Venture Capital 1.5
FI 870 Venture Capital and Private Equity 1.5
FI 872 Financial Data Analytics I 1.5
FI 873 Financial Data Analytics II 1.5
FI 891 Topics in Finance 4.5
MGT 856 Corporate Strategy 1.5
MKT 806 Marketing Research for Decision Making 1.5
MKT 809 Pricing, Profitability and Marketing Metrics 1.5
MKT 810 Open Innovation Management 1.5
MKT 816 Marketing Analysis 1.5
MKT 819 Predictive Analytics 1.5
MKT 823 Applications in Predictive Analytics 1.5
MKT 861 Marketing Research Strategy and Analysis 1.5
MKT 864 Data Mining for Marketing 1.5
MKT 867 Sampling and Research Design 1.5
SCM 825 Strategic Sourcing 1.5
SCM 826 Manufacturing Design and Analysis 1.5
SCM 827 Competing Through Supply Chain Logistics 1.5
SCM 833 Decision Support Models 1.5
SCM 834 Supply Chain Process Modeling and Simulation 1.5
SCM 852 Supply Management 1.5
SCM 853 Operations Strategy 1.5
SCM 854 Integrated Logistics Systems 1.5
SCM 855 Supply Chain Management Technology and Applications I  1.5
SCM 856 Supply Chain Management Technology and Applications II 1.5
SCM 869 Service Supply Chains 1.5
Topics in Finance must be approved by the Director of the STEM MBA.
3. Enrichment Experience
Each student is required to participate in an enrichment experience approved by the Director of the full-time M.B.A. Program. Generally, the student participates in the enrichment experience during the summer between the first and second years of the program.  The enrichment experience may involve a domestic or international internship, intensive foreign language study, an international or domestic study trip, a field or consulting project, or an approved graduate assistantship.  Some of these options may involve additional costs to the student and may be able to accommodate only a limited number of students. 

Academic Standards

Students are expected to (1) maintain a minimum grade–point average of 3.00 each semester, (2) maintain a minimum cumulative grade–point average of 3.00, and (3) complete all courses listed on the Candidacy Form. A student's academic progress is monitored by the Director of the full-time STEM M.B.A. Program. A policy statement containing additional information relative to academic standards is available from the Director.

A student who does not maintain a cumulative 3.00 grade–point average will be placed on final probation. Such a student will be given the next semester of enrollment to achieve a cumulative 3.00 grade–point average; otherwise, dismissal from the program will result.