Master of Science in Management Studies
New! Hybrid Program Beginning Summer 2019
The global business world is highly competitive, driven by economics, technology, and innovation, and change is constant. In many fields, the career assumptions of the past will not be valid for occupations of the future. Increasingly, fast-paced decisions must be made by professionals in many roles who can work across company divisions and take into account many different perspectives. It is important to develop professionals from many fields who have an integrative view of business and can provide insightful business perspectives.
The Master of Science in Management Studies offered by the Broad College of Business will give students with non-business degrees a solid foundation in the knowledge and skills needed for future career success in industry. It is ideal for STEM (Science, Technology, Engineering, Mathematics) graduates seeking improved competitiveness in a workplace demanding more from its employees in reaching its business goals. The program’s hybrid format (summer residency/online fall and spring) will allow students to “learn while doing” on the job. Students take 15 credit hours on campus to start the program in summer and finish the remaining 15 credit hours online over fall and spring semesters while working full-time. Thus, the 30-credit hour program is completed in just 12 months.
“We have a need for engineers who can hit the ground running in managing teams and making business decisions. I am pleased to see the Eli Broad College of Business offer a Master of Science in Management Studies especially for technically trained undergraduates. Engineers with both management and technical skills, and who can align what they do with the overall business strategy, are uniquely positioned to accelerate their growth and development with a company such as Tenneco.”
-Brian Kesseler, CEO of Tenneco
The program is a lock-step cohort format with each entry class beginning in the summer with the on-campus residency and continuing online through fall and spring with a concluding Capstone Project. Details on courses offered can be found in the MSU Office of the Registrar’s Course Catalog.
- Information Systems Project Management
Management of information system projects. Modeling of business processes. Management of project scope, time and costs. Planning and control of projects. Program and portfolio management. Consulting issues for effective project management.
- Managerial Finance
Short-, intermediate-, and long-term problems in finance. Financial planning and control. Applications in domestic and international settings.
- Applied Data Analysis for Managers
Analysis of business and economic data to support managerial decision-making. Building, interpreting, and applying time-series, regression, and forecasting models.
- Accounting for Decision Making
The use of accounting information for planning and control. Cost structure and the use of cost analysis, activity-based costing, capacity costing, and cost modeling for improved decision-making. Controlling decisions through budgeting, variance analysis, transfer pricing, financial and non-financial performance measurement, and incentives. Use of the balanced scorecard for assessing strategy implementation.
- Applied Economics
Economic view of the firm. Use marginal analysis to analyze firms’ decisions such as pricing, entry, and price discrimination. Use game theory to analyze firms’ strategic behavior, principle-agent relationships, adverse selection, and signaling.
- Introduction to Supply Chain Management Concepts
Integrative approach to understanding supply chain management. Flow of products from concept development through delivery to the final user, including product and process development, managing information, inventory and product flows, and supplier and customer management.
- Information Technology Strategy
Integrative perspectives on the use, management, and economic value of information technologies in organizations. Financial and strategic assessment of the business value of information technologies. Transformational effects of business intelligence and social networking technologies. Technology strategy and entrepreneurship.
- Developing Managerial Skills
The management of people, group processes, and organizational design. Theories and research are applied to developing managerial skills in motivation and leadership, with an understanding of diversity, organizational culture and structure.
- Leadership and Team Management
Development of leadership abilities through readings and application.
- Competitive and Business Strategy
Concepts and methods that integrate previous training in functional areas of management. Total firm perspective and ways top managers create and sustain competitive advantage in today’s challenging global marketplace.
- Strategic Decision Making
Process of strategic decision-making, identify issues that impede and improve decision success, examine a range of contextual factors that influence the decision process.
- Creating an Ethical Organization
Review factors that enhance and diminish ethical behavior in an organization, including the ethical dimensions of decision making, the nature of business ethics and the difference between ethical and legal behavior.
- Communication Strategies for Business
Learning, applying and adapting the basic principles of oral and written communication in business settings.
- Marketing Management
Strategic and decision-making aspects of marketing functions. Analysis, coordination, execution of marketing programs. Development of strategies and tactics. Segmentation, marketing mix, market response modeling, and ethics in a global context.
- Special Topics in Management (Capstone Project)
To be admitted to the Master of Science in Management Studies program, an applicant must:
- Have a bachelor’s degree, or its four-year equivalency, from a recognized educational institution.
- Have a cumulative undergraduate grade-point average of 3.00 in the last two years of their program or;
- If a candidate applies within 15 credits of graduation for an undergraduate degree, the bachelor’s degree is waived if the applicant has a cumulative GPA of at least 3.00 in the last two years of undergraduate work.
- Take the GMAT or GRE and submit your score to MSU. The GMAT submission code for the MS in Management Studies is QH0-5P-53, (note that is “QH[zero]”). The GRE submission code is 1465. The GMAT/GRE requirement is waived for MSU graduates with a cumulative GPA of 3.25 or higher.
- Submit a 750-word (approximately) essay discussing your interest in pursuing graduate study; your short- and long-term goals; and how you expect the MS program to contribute to your success in reaching those goals.
- Submit two references that can accurately assess your opportunity for success both during and following completion of the MS program.
- English competency test scores also are required for international applicants with the following minimum scores: TOEFL – 250 on computer version and 100 on the Internet-Based Test and a 7 on the IELTS. English competency test takers should use the Michigan State University Code 1465. Waivers may ONLY be considered for students that have graduated from MSU with a bachelor’s degree.
- F-1 and J-1 visa holders are ineligible to enroll for the full length of this program due to the online component. U.S. Immigration Regulations require that only one online course per semester to count toward the minimum number of credits needed for full-time enrollment as an F/J student.
Admission to the program is selective and meeting the minimum standards listed does not guarantee admission. The applicant’s overall record is considered, including the student’s statement of objectives, recommendations, academic transcripts, and other documentation as required. Students must achieve a minimum 2.00 grade in a course in order for that course to count toward the 30-credit degree requirement. Students must maintain a cumulative grade-point average of 3.0 or higher in all graduate courses in order to graduate from the program.
Use the online application portal to apply now!
The MS in Management Studies program application fee is $85. Application deadlines for May 2019 admission:
- Early round is Nov. 15, 2018
- Final round is Jan. 15, 2019
- Extended Round is March 15, 2019. Any applications received after this date for the Summer 2019 program entry point will be considered conditional based on available space and review/processing time.
Tuition and Financial Aid
Tuition is $1,300 per credit hour. Information on financial aid can be found at finaid.msu.edu.