What is the difference between a Professional Science Master's (PSM) Degree and a Master of Business and Science (MBS)?

The Professional Science Master's (PSM)(link is external) is a national initiative that began with the Alfred P. Sloan Foundation establishing PSM programs at different institutions across the country. The W.M. Keck Foundation also established the Keck Graduate School of Applied Life Sciences. Our MBS is a Professional Science Master's (PSM) degree. According to the Council of Graduate Schools, there are currently over 300 PSM Programs at universities in the US and internationally. Each one combines a science master's curriculum with "plus" courses including business and policy. The actual degree names vary among the different universities offering this degree. Here at Rutgers, we have decided to call it a "Master of Business & Science" to reflect the expertise our students will have after completing the program. Our science concentrations have been approved by the PSM National Office and bear the PSM logo. Please see here(link is external) for more information about PSM affiliation.The Rutgers PSM program is also an active member of the National Professional Science Master's Association.