Stevens Institute of Technology

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Updated August 6, 2020

Stevens Institute of Technology (SIT) is a coeducational, private research university in Hoboken, New Jersey. It was incorporated in 1870 and is one of the oldest technological universities in the country. SIT was also the first university in the U.S. dedicated solely to mechanical engineering, and it is home to three national Centers of Excellence as designated by the U.S. Department of Homeland Security and the U.S. Department of Defense. The school is also home to two Nobel Prize winners — Irving Langmuir and Frederick Reines.

Stevens Institute of Technology Accreditation Details

Stevens Institute of Technology is accredited by the Middle States Commission on Higher Education. In addition, all undergraduate and graduate business programs offered by SIT are accredited by the Association to Advance Collegiate Schools of Business (AACSB).

Stevens Institute of Technology Application Requirements

Courses in the online master's in management degree program provide a broad overview of management and business skills, making them ideal for students who have limited exposure to leadership and business concepts. To be considered for admittance into the program, students must submit a completed application as well as two letters of recommendation, an official conferment of their bachelor's degrees, an official transcript from every academic institution previously attended and an up-to-date resume.

Tuition and Financial Aid

Students pursuing a graduate degree will pay a full-time rate of $17,247 per semester and $1,554 per credit for courses above a 12-credit-hour course load. Stevens Institute of Technology offers a limited number of graduate assistantships on a merit-basis through its academic departments. Graduate students may also be eligible for certain types of federal financial aid such as work-study programs, loans and grants. In addition, SIT participates in the Yellow Ribbon Program and offers several financial and educational benefits to veterans, active service members and their dependents. Interested students should contact the Stevens Veterans Office for more information and to determine eligibility.

Online Master's in Management Degree Available

Stevens Institute of Technology offers an online Master's in Management degree that College Choice ranks as one of the best of its kind. In 2017, U.S. News & World Report ranked the program 26th in the country among best non-MBA online business programs. In addition, PayScale College ROI Report ranks the degree within the top 10 schools for the best 20-year return on investment for graduates. TFE Times ranks the Master's in Management from SIT 13th in the nation, and Value Colleges indicates that the degree is within the top 20 "Best Value Master's Programs."

The online master's degree in management from Stevens Institute of Technology helps students who have limited exposure to business as it allows them the opportunity to round out their resumes. Students will receive practical instruction that teaches them how strategy, economics, innovation and leadership shape and define the careers they will have in the industry. The collaborative emphasis of the School of Business and the interdisciplinary curriculum teachers graduates to drive change on a global scale by approaching the world looking to solve problems.

The master's degree in management is designed for students who have little to no work experience, including students with less than two years' experience, those who have just completed their undergraduate degrees and students with bachelor's degrees in non-business disciplines. Through applied, hands-on learning, coursework prepares professionals to confidently lead projects and people across the enterprise without needing to spend years catching up on these methods during evening classes.

Students seeking a management degree gain firsthand experience via a solid curriculum. In addition, students may consider adding valuable depth to their resumes by working with a company through the Field Consulting Program. This program is designed to wrap up the year-long management curriculum and provide students with the opportunity to apply their learning in a professional setting as well as meet managers with whom they work closely on the project. Upon graduation, students will receive thorough preparation for management roles within the industry.

The core curriculum covers topics such as organizational behavior and design, strategic management, economics for managers, financial decision-making, project management fundamentals, technology and innovation management, operations management and marketing management. In addition, these eight core courses are supplemented by two electives that can offer a deeper dive into leadership, information systems, analytics or project management. Students may also substitute one elective with the Field Consulting Program should they wish to work with a company and develop real-world experience.

Students will learn how to deal with the basic issues that often arise during the management of a project, and they will develop a strong foundational knowledge of conceptual and operational issues such as the project definition, plan, implementation, control and evaluation. Conceptual issues may include morale, motivation, project authority, matrix organization and hierarchal management versus project management. Graduate students seeking a career in business management must also develop the skills to be able to understand accounting terms as they relate to the past performance of a company while also projecting the future economic consequences of the firm.

In fact, the most valuable part of the online master's degree is time. Students can earn their graduate degree in one year, making it a strong complement to an undergraduate bachelor's degree. Students may also take the program fully online, an aspect that allows students to continue with their current careers and provide for their families.

In addition, the school's proximity to industries of all kinds, including technology, accounting, media and finance, creates endless opportunities for students to meet potential employers through networking sessions, special events, class projects, seminars and guest lectures. Online students who reside in the area may take advantage of these opportunities.

Related Resource: Top 30 Ranked Affordable Online Master's in Management

The online master's degree in management is all about helping students to develop the skills they need as efficiently and thoroughly as possible. The 30-credit program can be completed in just one year, allowing graduates to quickly pursue higher-level jobs or enter the workplace for the first time. Many pursuing a management degree have already earned a bachelor's degree and are hoping to secure a higher position right after they graduate. SIT boasts a nationally recognized Career Development Office where students may work on their interview and resume-writing skills. The Office may also connect students at Stevens Institute of Technology to a wide network of recruiters in both the Manhattan area and across the country.

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