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STEM M.B.A.

Overview

The 45 credit STEM M.B.A. program is designed to meet the needs of students who are interested in pursuing analytical and technical management roles across industries.  The federal government created the STEM-designated degree program to address the shortage of qualified workers in the STEM field, which is estimated to grow to more than a million jobs by 2028.

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The STEM MBA highlights Tobin’s commitment to an analytical, data-driven curriculum that enables students to utilize technology, data, and analytics to make better business decisions and solve complex business problems.  This program enables students to select two STEM concentrations designed to combine data-driven decision-making and analytics with the overall MBA program learning objectives of developing a global and entrepreneurial mindset, building upon the knowledge, skills and competencies of business fundamentals, and providing a transformative leadership development program.

The new STEM MBA is focused on preparing students to fulfill the increasing need to apply quantitative and scientific methods to business challenges. Those who pursue the STEM MBA will be able to demonstrate expertise in subjects such as business analytics, finance, financial technology (FinTech), information systems, risk management and insurance, and sustainability. 

The STEM designation offers an additional benefit by allowing international students to apply to extend their 12 month optional practical training (OPT) by an additional 24 months.  OPT provides many F-1 visa students with the opportunity to work in the U.S. for up to 12 months to gain valuable experience related to their field of study.  International students graduating from STEM-designated programs may apply for a 24-month extension to their post-completion OPT, providing up to 36 months of temporary employment in the U.S.  Because a STEM designated degree program is approved by the U.S. Department of Homeland Security, the employment extension could potentially expand the international student’s employment opportunities within the U.S.  More information about the STEM MBA, eligibility, and requirements can be found in the St. John’s University Graduate Bulletin.

Courses

The MBA curriculum is designed to allow for innovative approaches to in-class learning and expands on the development of a real world skill-set that students can apply immediately to their emerging careers.

Along with the required M.B.A. core and capstone courses, the STEM M.B.A. will require students to complete two concentrations, or an additional 9 credit hours above our standard M.B.A.  The STEM M.B.A. program will make it possible for international graduates to remain in the United States for an additional 24 months (36 months in total) after graduation and receive training through work experience.

The STEM MBA Structure is as follows:

8 Core Courses
(24 credits)

ACC 602: Global Financial and Managerial Reporting
DS 602: Business Analytics
ECO 606: Industrial Economics
FIN 607: Financial Management
LAW 600: Law, Ethics and the Principled Path in Business
MGT 601: Managing for Global Success
MKT 600: Decisions in Marketing Management
RMI 601: Risk Management

1 Required Capstone Course
(3 credits)
MGT 700: Seminar in Business Policy

6 Concentration Field Courses
(18 credits)

Maximum Courses & Credits: 15 Courses, 45 Credits

Estimated Time to Complete: 3 Years for part-time; 3 semesters for full-time

All students must have, as a minimum academic credential, the equivalent of a United States' bachelor's degree and demonstrated competency in pre-calculus mathematics and basic computer use. Students are evaluated based on their undergraduate academic performance, score on the GMAT, professional accomplishments, letters of recommendation, statements of professional goals and other materials which the candidate may wish to share with the Admissions Committee.

STEM concentrations

Students may choose from the following STEM concentrations: Business Analytics, Information Systems, Finance, Financial Technology (FinTech), Risk Management, and Sustainability.

Select 3 from the following:

  • BUA 609 Advanced Managerial Statistics
  • BUA 611 Machine Learning for Business
  • BUA 631 Decision Science and Spreadsheet Modeling
  • BUA 632 Bayesian Statistics for Business Decision Making
  • BUA 633 Predictive Analytics and Business Forecasting
  • BUA 631 Decision Science and Spreadsheet Modeling
  • BUA 632 Bayesian Statistics for Business Decision Making
  • BUA 633 Predictive Analytics and Business Forecasting
  • BUA 634 Statistical Quality Control for Business
  • BUA 635 Big Data and Data Mining

Select 3 from the following:

  • IS 601 Advanced Computer Applications for Business
  • IS 605 Applied Computer Languages
  • IS 644 Systems Analysis and Design
  • IS 645 Database Management
  • IS 646 Computer Simulation Methods
  • IS 647 Data Communications and Networks for Business
  • IS 650 Seminar in BUA/IS

Select 3 from the following:

  • FIN 634 Investment Analysis
  • FIN 684 Quantitative Asset Management
  • FIN 668 Financial Derivatives
  • FIN 664 Financial Statistics and Alternative Investments

Select 3 from the following:

  • FIN 638 Fixed-Income Analytics
  • FIN 639 Introduction to Financial Technology.
  • FIN 668 Financial Derivatives
  • FIN 669 Advanced Financial Technology.

Select the following:

  • RMI 602 Risk Research Methods
  • RMI 623 Game Theory and Risk Management
  • RMI 688 Applications of Analytics and Technology to Risk Management

Select 3 from the following:

  • ENV 101 Environmental Principles
  • ENV 102 Methods of Environmental Analysis & Sustainability
  • ENV 200 Geographic Information Systems
  • PSY 603 Inferential Statistics
  • SOC/CRM 127; 127L Statistic

Admission

Application Requirements
All applicants must possess a baccalaureate degree from an accredited institution or the international equivalent prior to enrollment at the graduate level. In addition to the application form and non-refundable application fee candidates should submit the following:

  • Statement of professional goals and resume which can be uploaded as part of the  application for admission
  • Official transcripts from all undergraduate, graduate and professional schools attended. International Applicants to programs in Accounting and Taxation must have a Graduate Admissions evaluation completed by AEQUO.
  • Official GMAT or GRE scores, taken within the last five years*
  • Two letters of recommendation, obtained from professional or academic references
  • Official TOEFL or IELTS scores are required for applicants whose native language is not English

*For MBA applicants requesting a GMAT/GRE waiver please submit the online application, all transcripts, and resume. International Students should also submit the foreign credit evaluation and TOEFL/IELTS scores.  Once complete, please email [email protected] to request waiver consideration.

For additional information, please contact:
Office of Graduate Admission
The Peter J. Tobin College of Business
8000 Utopia Parkway
Suite 114
Queens, NY 11439
718-990-1345
[email protected]

Contact us

St. John's University crest on the top of the gate

K. Matthew Wong

Professor, Department of Economics and Finance

The Peter J. Tobin College of Business, Room 345
[email protected]
718-990-7359