A 4 minute read

What is a STEM MBA program | Business Schools offering STEM MBA in 2019

STEM MBA programs are designed to build not only your business skills but also your technical skills. STEM MBA programs are quickly becoming popular among international students. These programs bring along with it an extended visa duration which a non-STEM program does not. However, it is not for everyone owing to the technical nature of it.

In this article, we’ll explore STEM MBA programs, their advantages, the opportunities STEM MBA graduates get, and who is a right fit for this STEM program.

Here is the outline of the article:

STEM MBA

What are STEM programs?

STEM is an acronym for Science, Technology, Engineering, and Mathematics. If a field of study falls in any of the four disciplines mentioned, then that program is categorized as a STEM program. Click here to access the full list of STEM programs as per USCIS (United States Citizenship and Immigration Services)

Planning to work after MBA in the US. Here are 3 ways of extending your visit to the US

What are STEM MBA programs?

Technically, business education programs cannot be categorized as STEM courses. However, in recent years, US business schools have been offering STEM MBA programs to attract international students. What a STEM MBA program offer is business skills with an emphasis on STEM applications.

STEM MBA

They include accounting, business analytics, decision theory, finance, economics, information technology, law, marketing, management, statistics, and strategy while providing business skills to be successful in management and leadership roles.

Learn the visa process to studying in the US

What are the benefits of STEM MBA programs?

These programs offer a mix of business and technical education. STEM MBA graduates, therefore, find employment in specialized fields related to technology and analytics.

According to this report by Jacqueline Varas, Director of Immigration and Trade Policy at the American Action Forum, there will be a shortage of 1.1 million STEM workers by 2024. This shortage tells us the scope of opportunity for STEM graduates in the United States.

Employment opportunities for STEM MBA graduates on the rise

STEM MBA employment

As more businesses tend to use data to make business decisions, data analytics and business skills will become more intertwined. This trend will result in organizations needing graduates with a business as well as an analytics acumen. STEM MBA graduates will be the ones to step in to meet this rising demand.

STEM MBA offers a 36-month OPT

STEM MBA graduates will also be able to leverage the OPT extension period after graduating. A typical graduate gets a 12 month OPT (optional practical training) as compared to a 36 month OPT for a STEM graduate. Here is complete information on OPT.

List of STEM MBA programs

Here is a list of STEM MBA programs offered by US business schools:

Here are detailed reports on top business school including Harvard, Stanford, Kellogg, Wharton, Columbia, Chicago Booth, INSEAD, and LBS.

STEM MBA – Who is it for?

STEM MBA programs in their current form are a mix of business and analytics courses. They are focused on building business skills using data sciences. However, not every MBA applicant will be from a technical academic background and might be less interested in this program.

Moreover, there will be applicants who will be aiming for a more general management program, and therefore, STEM MBA might not be a good fit for them. Therefore, while opting for a STEM MBA make sure you are comfortable with the technical and science-based curriculum.

If you are planning to take the GMAT, we can help you with a personalized study plan and give you access to quality online content to prepare. Write to us at acethegmat@e-gmat.com. We are the most reviewed GMAT prep company on gmatclub with more than 1835 reviews (as on June 28, 2019). Why don’t you take a free trial and judge it for yourself?

People who read this article also read

One thought on “What is a STEM MBA program | Business Schools offering STEM MBA in 2019”

Let's discuss further - What's your take?