STEM MBA: Best Universities Abroad, Eligibility and More

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STEM (Science, Technology, Engineering, and Mathematics) MBA curriculum prepares students for management positions in technology and analytics-related domains. STEM MBA is a data-informed curriculum that guides students to analyse and reach technology-enabled solutions for any situation. The amalgamation of technology and business will enable students to acquire technical expertise and management skills. To know more about the field of STEM MBA, keep reading this blog.

STEM MBA Universities Abroad

This programme is an ideal management program for engineering students and professionals with a science and technology background. This program is usually a 24-monthly program in universities and business schools abroad. International students can apply for this program at different universities. 

Universities/B-Schools QS World University Rankings
Harvard Business School, Harvard University 5
Simon Graduate School of Business, University of Rochester 147
Mendoza College of Business, The University of Notre Dame  243
Booth School of Business, University of Chicago 10
Ross Business School
Columbia Business School, Columbia University 22
Marshall School of Business, University of Southern California 134
Terry College of Business, University of Georgia 601-605
Foisei Business School, Worcester Polytechnic Institute 801-1000
The University of Connecticut  350
Kelly School of Business, Indiana University 339
Charlton College of Business, University of Massachusetts (UMass) Dartmouth
Anderson School of Management, University of California Los Angeles 44
Stanford Graduate School of Business
Kellog School of Management, Northwestern University
Haas School of Business, The University of California Berkeley (UCB) 27
Carnegie Mellon Tepper, Tepper School of Business
MIT Management Sloan School 

Also Read: Top 10 Benefits of STEM Education

STEM MBA Eligibility

It is an ideal course for students with science and engineering backgrounds. People with technical backgrounds prefer STEM MBA over traditional MBA due to the distinct curriculum of this course which is an amalgamation of STEM subjects and MBA modules. Students applying for this graduate course must have completed a bachelor’s degree or an equivalent degree from an accredited university or college. Students must have scored the required GMAT or GRE score for certain institutions. Applicant must secure the minimum score in English proficiency testIELTS or TOEFL or PTE, according to the requirements of the universities or B-schools. Students are also required to have work experience before applying to any of the B-schools abroad. 

STEM MBA Admission Process

Students are advised to follow these steps to secure admission to this management course in a foreign institution:

Step 1: Visit the official website of B-schools and fill out the application form and application fee.

Step 2: Upload the required documents.

Step 3: Share the IELTS or TOEFL or PTE scores, whichever is accepted by the concerned university or college. Check out the minimum required score.

Step 4: Share the GRE/GMAT score, if applicable.

Step 4: Submit English transcripts and other supporting documents. 

Step 5: Submit proof of finance after receiving the confirmation letter from the applied universities.

Step 6: Apply for a student visa.

The table below consists of acceptable English proficiency tests and the acceptability of GRE/GMAT scores of certain B-Schools abroad. 

B-Schools English Proficiency Test Scores GRE/GMAT
Harvard Business School TOEFL iBT: 100 None
Booth School of Business TOEFL PBT: 600; TOEFL iBT: 104 GMAT
Stanford Graduate School of Business TOEFL: 109 GMAT or GRE
Tepper School of Business  TOEFL: 25 in each section GMAT
Kellogg School of Management TOEFL PBT: 600; TOEFL iBT: 100 GMAT or GRE

Also Read: SOP for MBA: Essentials to Mention & Samples

STEM MBA Abroad Fees

The fee structure and the tuition fee of each B-school are dynamic and distinct. Both particulars are subject to change in each academic year, depending on the education policy of the concerned country and the institution. The below-mentioned table displays the approximate tuition fee of each institution. For clarity and the entire fee structure, students must check out the brochure of the academic year in which they are seeking admission. 

B-Schools Tuition Fee (approximate)
Harvard Business School $150,000 (INR 12,242,464) for two years
Mendoza College of Business $220,000 (INR 1,81,54,224) for two years
Ross Business School $150,000 (INR 12242464) for two years
Booth School of Business $150,000 (INR 12,242,464) for two years
Columbia Business School $150,000 (INR 12,242,464) for two years
Simon Graduate School of Business $98,000 (INR 80,86,979) for two years
Foisei Business School $94,000 (INR 77,56,898) for two years
Johnson School of Management $111,450 (INR 91,96,876) for two years
Kelley School of Business $107,500 (INR 88,70,921) for two years
MIT Sloan $154,550 (INR 1,27,53,496) for two years
Tepper School of Business $70,000 (INR 57,76,309) per annum
Kellog School of Management $119,926 (INR 98,96,137) per annum

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Areas of Study

This two-year MBA specialisation course focuses on technology and business acumen. This course imparts knowledge about business and finance in domains related to analytics and technology. Key areas of study include

Also Read: Scope of MBA

STEM MBA Career Options

Completion of this course opens a plethora of employment opportunities for these professionals. This programme enables MBA professionals to carve a niche for themselves in technical and non-technical fields. These graduates demonstrate exceptional work ethics and often reach leadership positions in their enterprises. Skills acquired in these two years will empower graduates to attain the below-mentioned job titles.

Job Titles Average Annual Salary (Approximate)
Operations Manager INR 88 lakh
Investment Banker INR 75 lakh
Human Resource (HR) Manager INR 64 lakh
Business Analyst INR 64 lakh
Product Manager INR 70 lakh
Administrative Manager INR 67 lakh
Financial Advisor INR 71 lakh


Q1. Which colleges have a STEM MBA?

Ans. This course is available at Harvard Business School, Mendoza College of Business, Simon Graduate School of Business, Columbia Business School, Booth School of Business, and Ross Business School. 

Q2. What is the advantage of a STEM MBA?

Ans. Enrolment in this graduate program enables students to gain employment in managerial roles in technical and non-technical enterprises. 

Q3. Is MBA considered in STEM?

Ans. MBA is not a major in any graduate STEM degree, however, certain MBA programs are designed to include STEM-based management subjects.

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