With science and technology taking a larger role in the global economy, effective management increasingly requires expertise in science, technology, engineering, and mathematics. Students view MBAs and other business-oriented graduate degrees that include STEM certifications as a means of increasing their competitiveness in the job market. In the interest of graduating STEM-savvy business leaders, many universities have incorporated STEM into their business graduate programs. Interest from students has been substantial.
Massive Interest In STEM-Oriented Business Programs
The Simon Business School at the University of Rochester experienced 41.4 percent growth in applications for four graduate programs that integrated STEM. Their Master of Science degrees in Finance, Marketing Analytics, Business Analytics, and Accounting produced surges in domestic and international student applications.
Widespread STEM MBA Adoption Underway
The top 25 U.S. business schools have added STEM concentrations to their MBA courses. The emphasis on science and technology prepares students to succeed in technical industries and also attracts international students looking for the best educational opportunities. Smaller U.S. business schools appeal to students as well with STEM certifications within their MBAs or dual degree programs that combine a STEM degree with business management.
Businesses See Competitive Advantages In STEM
Businesses want STEM-educated employees at all levels. In the U.K., the University of Derby and Nottingham Trent University are partnering with small and medium businesses to connect them with STEM talent. The High Level Skills program has already helped 700 businesses develop apprenticeships and acquire workers with highly technical vocational skills. Participants expect the program to increase innovation in the region by developing a workforce empowered by data analytics and data science.
Do you think that more workers with STEM degrees and training could increase productivity and competitiveness in your industry?
ABOUT Simon Business School At the University of Rochester
For decades, Simon Business School has been a leader in business education. Our long tradition of innovation, commitment to research and testing, and inclusivity and diversity positions us for continued success. We strive to develop business leaders who have an exceptional level of clarity and embody a relentless endeavor to be ever better.
Top companies have come to depend on a deep understanding of economics and quantitative data to drive strategy and achieve success in their markets. Learn from Dean Sevin Yeltekin how Simon Business School is uniquely positioned to help you succeed in today’s data-driven business environment.
ABOUT University of Derby
Located in the heart of England, we build on our region’s heritage of innovation to provide industry-relevant, expert teaching, from foundation and undergraduate degrees through to postgraduate study and research.
Rated Gold in the Teaching Excellence and Student Outcomes Framework (TEF), our academic strength is backed up by practical experience to ensure our students are ready for a successful career.
We want everyone to receive the high-quality education they deserve, regardless of age, background or location. We were named University of the Year at the UK Social Mobility Awards 2020 and Higher Education Institution of the Year at the 2020 NEON (National Education Opportunities Network) Awards. And we have won the Guardian University Award 2020 for Social and Community Impact.
ABOUT Nottingham Trent University
From before they set foot in our University right through to the moment they become an NTU graduate and start their first job, we’re making sure nothing holds students back from achieving remarkable things.
Through our resources, talent and expertise, we help bring businesses to life. We show companies – big and small – how to innovate and grow, adding vital economic, cultural and social value on a local and national scale.
By sustaining the regional economy, we are creating local opportunities for student employment and boosting graduate retention in the region. We also work with businesses to design industry focused courses, and create new routes to learning that widen participation.