Why an MBS?
Why pursue a Masters of Business & Science degree?
The Master of Business & Science (MBS) degree is a unique degree combining the science curriculum from a traditional science master's degree with a specialized set of business+ courses - including business, policy, and law. This combination prepares students with the necessary business acumen, entrepreneurial skills, and know how to translate scientific and technological ideas into profitable products and services.
A professional science master's degree is targeted towards practical science/engineering as practiced in industry. Our courses combine science theory with practical know-how and are taught by both full-time faculty and industry professionals. Our curriculum is customizable -- we work with you to craft a curriculum that works best for your career goals. Attend our online webinars or make an appointment with one of our advisors to go over your interests and aspirations.
What will I learn?
- A fundamental and applied knowledge of a particular science/engineering/math discipline.
- To recognizing the connection between technology and business and how scientific and technical work impacts the business of organizations.
- The understanding of finance and accounting basics, and the ability to assess the financial aspects of a new scientific venture or project and make recommendations for investments and payback.
- Understanding of the leadership skills needed to inspire, motivate, and coach individuals and work in diverse teams.
- Knowing of the core elements of a business case/plan and how to plan, execute, and run a project that helps translate a real technology from idea to commercialization.
"Industry, government, and nonprofits need employees who have deep scientific knowledge as well as skills to apply that knowledge in innovative ways. A reinvigorated master's degree in the natural sciences can answer the demand for such science professionals and help ensure that the U.S. has the work force it needs to stay competitive." - The National Research Council's "Science Professionals: Master's Education for a Competitive World"
The program provides students with deep content knowledge in science and technology, as well as a broad understanding of general issues that are critical for technology careers.
"T-shaped technical professional, who have skills both broad and deep. In addition to being deep problem solvers with expert problem-solving skills in their home discipline, T-shaped scientists (and engineers) are also entrepreneurial and good at communicating with non-specialists." - Taken for Granted, Fitting the Job Market to a T, B. Benderly, Science Career Magazine, September 05, 2008
What skills do engineers and scientists need?
"Overall, we find some degree of mismatch between the skills current engineers have and the skills that employers say they are seeking. In interviews with engineers and managers in a wide range of firms, we find consistent reports of skill deficits. These skill deficits are broadly identified as communications skills and the related ability to work across a variety of “borders” — organizational, technological, disciplinary, as well as cultural and national." -"Engineering and Engineering Skills - What's really needed for global competitivenss", Salzman and Lynn, 2010
Below is a brief comparison of the MBS with other programs
|Program Options||Rutgers Master of
Business & Science
|Traditional Business Degrees||Traditional Science MS/PhD Programs|
|Research based science curriculum
geared toward very specific academic
discipline. Many MS curriculums are
geared towards Ph.D. qualifying exams.
|Professionally based science
curriculum geared towards
careers in industry, very flexible.
Including areas such as personal
care, drug development,
analytics, and UXD.
|None||Traditional scientific curriculums
geared towards research and/or
|19 credits, with courses in Finance
& Accounting, Communication &
Leadership, and more.
project around a science/tech
|Individual science thesis requirement|
|Career guidance & workshops,
professional networking, executive
|Career guidance & workshops,
professional networking events.
|Requires an undergraduate
degree in any science/engr
discipline depending on the
|All disciplines||Requires an undergraduate degree
in a specific science/engr discipline.
|Full time: 1.5-2 years.
Part time: 2-4 years
|Two years (full time)||Two (MS) to six or more (PhD) years,
depending on the discipline and degree.
|Career Goals||Management in a technology
based organization. Careers
combining science & business.
|Management & finance.||Research or academic position|