With a small cohort of approximately 25 students, the program will be the third MBA program at Stevens, the other two being the Stevens MBA and the Executive MBA.
“Chances are whether you’re business or engineering, you’re going to go out into the corporate world.”
Brian Rothschild, Director of Graduate Management Programs, says there are a couple of distinct points about this program.
“Number one, it’s an analytics program. In business now, the new trend is to make more analytical decisions, to use analytics technology and quantitative-based reasoning to back up decisions that are made. So this program brings in four classes that are specifically tailored toward analytics,” he says.
Students in this new One-Year MBA program will have a “mini-mester” course structure rather than a semester-based course structure. According to Rothschild, the mini-mesters will be three courses every seven weeks. “So within the traditional semester, students in the MBA program will have two mini-mesters,” he adds.
Stevens School of Business employs a cross-disciplinary approach to education. The management training lays emphasis on the opportunities possible through analytics and technology.
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It has segmented the 13-course 1-year MBA program into “three threads,” which include the “Language of Business” thread with courses like Traditional Marketing and Finance, the “Leadership and Innovation” thread with courses like “Leader Development” and “Creative Collaboration,” besides the “Analytical Thinking” thread.
The program proposes to teach students beyond those enrolled in the School of Business how to apply analytical skills to their business careers. “Everybody can get something out of it such as engineers, mathematicians, or social scientists, that they didn’t get during their undergraduate experience,” Rothschild said.
“Chances are whether you’re business or engineering, you’re going to go out into the corporate world.” Students in an undergraduate computer science program, for example, “may know all the analytical techniques, but may not know how to use them in a way that resonates with a business manager.”
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This new MBA program also offers “a few extras” to distinguish it from other MBA programs, making it more of a learning lab than a coursework-based degree program. The extras include things like a leadership retreat weekend that takes place at West Point, a “business emergence experience,” opportunities to take on entrepreneurial projects and field consulting projects.
They will also have a mentorship experience, where “each student in the program will be working in the courses and outside of the courses with faculty, alumni, and corporate mentors to build leadership and business skills.
The One-Year MBA program “owes a lot to Stevens students,” according to Rothschild, because this program emerged as a solution to some Stevens alumni’s early career frustrations.
The School of Business will offer information sessions and webinars throughout the course of the current semester so that any interested Stevens students can learn more about the program(Image Source:Wikipedia.org)