Frequently Asked Questions
The Master of Business and Science is a Professional Science Master's degree combining graduate level science/engineering courses with courses in business. This combination prepares students with the necessary business and entrepreneurial skills that are needed for all careers today.Over 70% of scientific job postings also list business/soft skills such as budgeting, finance, project management, communication, and leadership. Courses covering these areas are included in the MBS degree.
Yes! Many of our current students are working professionals and need to register as part-time students. The courses you will need to take to graduate are offered in the evenings and/or weekends. Requirements are different for international students.
The 2019-2020 tuition is $1,015/credit in-state, $1,256/credit out-of-state, and $900/credit for online students (in-state or out-of-state). This does not include other fees, which may apply.
Tuition for the MBS is assessed on a per-credit basis and in-state and out-of-state tuition costs vary. Tuition charges are set in July and a full listing of tuition prices for graduate students at Rutgers can be found here. The MBS tuition is listed on the spreadsheet found under New Brunswick Campus Graduate students.
Graduate students who are U.S. citizens and permanent residents may apply for grants, loans, and part-time employment by completing the Free Application for Federal Student Aid (FAFSA) here.
The MBS degree does not require a research thesis. However, students are required to complete a capstone course that involves working in teams, writing and presenting a business case/plan.
Most full-time students complete the degree requirements in 18 months to two years and part-time students usually take 2-4 years to complete the degree. Students can attend summer and winter session courses in addition to the fall and spring terms.
The MBS is a combination of a science master's with business courses. It is a Master of Science degree -- and has a STEM (Science Technology Engineering Mathematics) CIP code (for visa purposes). The degree is offered by the Graduate Schools on all three Rutgers campuses. The business curriculum contains courses from the Rutgers Business School (RBS-Newark/New Brunswick), the Camden Business School, and The School of Management and Labor Relations (SMLR). Certain courses that relate to cutting-edge technology are also offered by the PSM Program which is an accredited Graduate Program. Students interested in taking only business courses should see the MBA program at Rutgers Business School and Camden Business School.
Requests for verifications are received by the Registrar's Office from external agencies such as credit card companies, prospective employers, lending institutions, state departments of higher education, government agencies, students, and others. In order to expedite processing the large number of verification requests received, a standard computer generated form letter has been adopted to provide information generally requested by external agencies instead of completing every specialized form received individually.
If no decision has been made, the student can send an e-mail to the Graduate Admissions Office to Stephanie Persing at firstname.lastname@example.org(link sends e-mail) and request that the application be moved to the MBS degree program. You will need to include your RUID number in order for this transfer to take place.
Earning a double Master's degree is a personal choice. If you decide to pursue a double Master's degree, with the approval of your MBS curriculum advisor, you can count up to 12 credits of graduate work toward the MBS degree. For these purposes, the MBS is equivalent to an MS degree. If you are interested please contact our office.
The Certificate Program in Science & Technology Management is designed to introduce students to the management of science and technology. There are 19 credits required to earn this certificate. Certificate requirements include courses in financial management, marketing, communication and leadership, management of science/technology, ethics, and a capstone course in entrepreneurship/intrapreneurship.
The Certificate Program is part of the Graduate School New Brunswick and courses are offered through the Rutgers Business School (RBS) and the School of Management and Labor Relations (SMLR). This certificate is available to non-matriculated students, as well as graduate students. It is of interest to student who are pursuing Ph.D. degrees but who are interested in pursuing careers in Industry or starting companies.
If I enroll in one of the certificate programs, will I automatically be accepted for the Master of Business and Science?
No. Like any Master's degree program, you will have to formally apply to the Graduate School to be accepted for the Master of Business and Science degree. The credits will transfer over. For those interested in the degree, it is best to apply after taking 12 credits.
What is the difference between a Professional Science Master's (PSM) Degree and a Master of Business and Science (MBS)?
The MBS degree is a Professional Science Master's degree.
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. "Professional Science Master's degrees are designed in partnership with employers and feature learning in real-world environments. They educate science professionals to meet the STEM workforce demands of the 21st century." - www.professionalsciencemasters.org 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 ("accreditation" process). The Rutgers PSM program is also an active member of the National Professional Science Master's Association.
Yes, the MBS is a STEM (Science, Technology, Engineering, Mathematics) degree and is eligible for STEM OPT extension for international students.