Master of Business and Science (M.B.S.) (GS-N)
Master of Business and Science (M.B.S.)
Degree Program Offered: Master of Business and Science
Executive Director of the Graduate Program: Professor Deborah Silver, 118 Frelinghuysen Road, Busch Campus (848-445-5117)
The business and science program offers professional science master's* degrees in a number of different scientific fields, listed on the Program page below.
*Professional science master's is the term used for master's degrees in the sciences that combine science and business. Please see here.
Program
The Master of Business & Science degree (MBS) combines a traditional STEM Master of Science (MS) degree with business courses, experiential learning, and networking opportunities. This combination prepares students with the necessary skills to excel in STEM-focused industry and business careers. Students select a science concentration that guides the scientific portion of the degree. Concentrations come from the realm of life sciences, information technology, and engineering disciplines. For a current list of science concentrations, please visit here.
Students enrolled in the MBS program complete a total of 43 credits, 24 credits of science courses, and 19 credits of business courses
Science coursework comes from students' concentration.
Business coursework comes from a core set of classes that is common to all MBS students, regardless of concentration (13 credits) plus electives (6 credits). Core business classes include:
16:137:500 Ethics for Science and Technology Management (1 credit)
16:137:502 Principles of Communication and Professional Development for Science and Technology Management (3 credits)
16:137:503,504 Colloquium in Ethics and Professionalism for Science and Technology Management (0, 1 credits)
16:137:507 Market Assessment and Analysis for Business and Science (3 credits)
16:137:530 Principles of Finance and Accounting for Science and Technology Management (3 credits)
16:137:600 Science and Technology Management Capstone
In lieu of a thesis, MBS students complete a team-based capstone project where they develop a business plan around a technology form within their selected concentration. The capstone project is the focus of 16:137:600 Science and Technology Management Capstone.
Other concentration-relevant business and science courses appear within each concentration listing.
Required Courses in Business and Management
The business curriculum is the same for all students regardless of the science concentration. It consists of 19 credits divided over some core courses and some electives. Courses below represent the Rutgers University-New Brunswick course numbers. Business courses are also offered at Rutgers University-Newark and Rutgers University-Camden. Please check the M.B.S. website for alternatives in Newark and Camden.
The required courses are:
16:137:500 Ethics for Science and Technology Management (1)
Ethical issues within science and engineering, and their effects on scientific solutions in a global, economic, environmental, and societal context. A final project/paper will be assigned.
Online course.
16:137:502 Principles of Communication and Professional Development for Science and Technology Management (3)
The fundamentals of communication in the sciences and technology and the foundations of leadership. Topics include oral and written communication skills, effective communication strategies, communicating in a team environment, managerial role transitioning, building personal leadership capabilities, and analyzing leadership qualities.
16:137:503,504 Colloquium in Ethics and Professionalism for Science and Technology Management (0,0)
Lecture series.
16:137:507 Market Assessment and Analysis for Business and Science (3)
This course recognizes the critical importance for science and technology graduate students to fully understand strategic marketing concepts (4P's: product, pricing, promotion, placement) in the context of science and technology brands.
16:137:530 Principles of Finance and Accounting for Science and Technology Management (3)
Principles of finance and accounting for scientists and engineers. Topics include: accounting and financial statements, time value of money, risk and return, capital budgeting, and financing process for science ventures.
16:137:600 Science and Technology Management Capstone (3)
The capstone course is a project-based course covering the fundamentals of entrepreneurship, intrapreneurship, innovation commercialization, and intellectual property. Students are expected to work on team projects analyzing technology innovations and creating business plans.
Prerequisites: At least three of the core classes must be completed before the capstone course. Note: 22:799:648 Valuations of New Business Ventures can be used as a substitute for this course.
Program Other Courses
Special topics and internship courses count towards electives:
16:137:601,602,603 Special Topics in Science and Technology Management (3,3,3)
16:137:605 Special Problems in Science and Business/Externship (BA)
16:137:608,609,610 Professional Internship (BA,BA,BA)
16:137:611,612,613 Research Internship (3,3,3)
16:137:650,651,652 Topics in Management and Professional Development (BA)
16:137:800 Matriculation Continued (0)
Other business and science courses associated with individual concentrations are described in the entries for those programs.