According to this press release from October 6, 2016, WSB is the First School in Country to Have MBA Programs Receive STEM Designation.
“Two specialized MBA programs that are part of the Wisconsin Full-Time MBA Program at the Wisconsin School of Business of the University of Wisconsin–Madison have become the first MBA programs in the country to receive a CIP code (Classification of Instructional Programs) with Science, Technology, Engineering, and Math (STEM) designation from the United States Department of Homeland Security.
While most STEM designations are in engineering and sciences, the operations and technology management and supply chain management specializations of the Wisconsin MBA Program were recognized for their strong STEM orientation and a focus on quantitative learning approaches.
“This designation is a direct result of enhancements we have made to these specialized programs and our specialization model of the Wisconsin MBA that provides intensive career preparation and real-world learning experiences for our MBA students,” says Enno Siemsen, professor of operations and information management and academic director of the Wisconsin School of Business’s Erdman Center for Operations and Technology Management. “This designation highlights the unique capability of the Wisconsin Full-Time MBA Program to spur innovation, promote creative approaches, and generate advancements in our career specialization areas.”
The federal government created the STEM designation program to help address a significant shortage of qualified workers in STEM fields. STEM designated educational programs make it possible for international graduates to remain stateside longer to not only establish their careers, but help them meet employer needs for STEM-educated professionals. Graduating from a STEM-designated program allows international students to apply for an additional 24 months stay in the United States after graduation and receive training through work experience.
That two-year extension is an important benefit for both international students and employers seeking STEM-qualified employees.
“Before the designation, international students could remain in the U.S. for only a year before their visas ran out,” says Siemsen. “Adding two more years to that is a real value, taking pressure off MBA students and giving companies with global operations the chance to hire employees who can go abroad but be steeped in the company culture first.”
Wisconsin Business School offers a two-year full-time MBA program, which is ranked 40th in the US by Businessweek 2016 rankings and 27th in the US by US News 2016 rankings. The school also offers an Evening MBA and Executive MBA programs.
WBS full-time MBA Class Profile:
Class of 2018 (Entering Fall 2016)
Average years of professional work experience 5.8
Average age 29
Percentage of female students enrolled 41%
Percentage of under-represented populations enrolled 11%
Percentage of international students enrolled 22%
Percentage of U.S. military students enrolled 8%
Average GMAT score 669
Score distribution, 80% range 620–720
Business and Commerce 29%
Social Sciences 17%
Engineering/Computer Science/Hard Science 19%