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 may select a concentration from business analytics, 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 Assistant Dean, M.B.A. Programs, or designee.
Only Plan B (without thesis) is available to students who are enrolled in the STEM M.B.A. degree programs.
AdmissionThe 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:
- Submit to the M.B.A. Program office a completed full-time M.B.A. application packet that is available at https://broad.msu.edu/masters/mba/.
- 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.
- Complete the required personal interview with a representative of the full-time STEM M.B.A. Program Office.
Minimum standards for admission are:
- A bachelor's degree from a recognized educational institution with a clear focus on quantitative preparation, as opposed to evidence of quantitative strength.
- An academic record equivalent to at least 3.00 (B) in the last two years of undergraduate work.
- Scores on the GMAT that reflect a general aptitude for success in graduate study and a clear acumen for future quantitative work.
- Personal attributes such as demonstrated management potential and maturity.
- Personal qualifications of sound character, intellectual curiosity, perseverance, and a drive to succeed.
- 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.
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
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| A total of 54 credits is required for the degree. |
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| 1. |
Complete all of the following: |
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a. |
All of the following core courses: |
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MBA |
802 |
Financial Accounting and Reporting Strategy |
1.5 |
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MBA |
806 |
Social Issues in Management |
1.5 |
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MBA |
808 |
Leadership and Teamwork |
1.5 |
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MBA |
812 |
Accounting for Decision-Making and Control |
1.5 |
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MBA |
814 |
Applied Economics |
1.5 |
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MBA |
816 |
Managerial Communication Strategy and Tactics |
3 |
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MBA |
820 |
Marketing Management |
3 |
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MBA |
821 |
Introduction to Supply Chain Management Concepts |
3 |
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MBA |
822 |
Corporate Investment Decisions |
3 |
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MBA |
824 |
Managing the Workforce |
1.5 |
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MBA |
850 |
Strategic Management |
1.5 |
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b. |
A quantitatively-driven concentration in business analytics, management science, finance, marketing (minimum of 9 credits), or supply chain management (12 credits) or other approved concentration approved by the Assistant Dean, M.B.A. Programs, or designee. |
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c. |
At least 3 credits of international business selected from courses approved by the Assistant Dean, M.B.A. Programs, or designee. |
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| 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: |
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ACC |
822 |
Information Systems Project Management |
1.5 |
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ACC |
843 |
Value Chain Accounting and Analytics |
1.5 |
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FI |
845 |
Financial Modeling and Simulation |
3 |
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FI |
852 |
Financial Derivatives I |
1.5 |
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FI |
855 |
Financial Derivatives II |
1.5 |
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FI |
857 |
Security Analysis and Portfolio Management |
3 |
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FI |
859 |
Mergers and Acquisitions |
1.5 |
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FI |
862 |
Public and Private Equity Valuation and Analysis |
3 |
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FI |
863 |
Corporate Restructuring and Governance |
1.5 |
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FI |
865 |
Corporate Real Options Valuation |
1.5 |
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FI |
869 |
Entrepreneurial Finance and Venture Capital |
1.5 |
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FI |
870 |
Venture Capital and Private Equity |
1.5 |
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FI |
872 |
Financial Data Analytics I |
1.5 |
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FI |
873 |
Financial Data Analytics II |
1.5 |
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FI |
875 |
Behavioral Finance I |
1.5 |
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FI |
891 |
Topics in Finance |
4.5 |
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MGT |
856 |
Corporate Strategy |
1.5 |
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MKT |
806 |
Marketing Research for Decision Making |
1.5 |
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MKT |
809 |
Pricing, Profitability and Marketing Metrics |
1.5 |
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MKT |
810 |
Open Innovation Management |
1.5 |
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MKT |
811 |
Brand Insights |
1.5 |
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MKT |
816 |
Marketing Analysis |
1.5 |
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MKT |
819 |
Predictive Analytics |
1.5 |
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MKT |
823 |
Applications in Predictive Analytics |
1.5 |
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MKT |
829 |
Digital Marketing |
1.5 |
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MKT |
861 |
Marketing Research Strategy and Analysis |
1.5 |
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MKT |
867 |
Survey Design and Sampling |
1.5 |
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SCM |
825 |
Strategic Sourcing |
1.5 |
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SCM |
826 |
Manufacturing Design and Analysis |
1.5 |
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SCM |
827 |
Competing Through Supply Chain Logistics |
1.5 |
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SCM |
833 |
Decision Support Models |
1.5 |
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SCM |
834 |
Supply Chain Process Modeling and Simulation |
1.5 |
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SCM |
852 |
Supply Management |
1.5 |
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SCM |
853 |
Operations Strategy |
1.5 |
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SCM |
854 |
Integrated Logistics Systems |
1.5 |
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SCM |
855 |
Supply Chain Management Technology and Applications I |
1.5 |
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SCM |
856 |
Supply Chain Management Technology and Applications II |
1.5 |
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SCM |
869 |
Service Supply Chains |
1.5 |
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Additional quantitative courses will be considered annually, pending review of college academic departments, and the Assistant Dean, M.B.A. Programs or designee. Topics in Finance must be approved by the Assistant Dean, M.B.A. Programs or designee. |
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Academic StandardsStudents 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 Assistant Dean, M.B.A. Programs or designee. A policy statement containing additional information relative to academic standards is available from the Assistant Dean, M.B.A. Programs or designee.
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.