Merging two hot new programs -- analytics and management -- as well as online delivery so that you don’t need to leave the workforce, NYU Stern has created a new exciting entry in the master's in management and data analytics space. Let’s learn about it from the Vice Dean for Online Education at NYU Stern.
Interview with Kim Corfman, Vice Dean for Online Learning at NYU Stern [Show Summary]
In this interview with Dr. Kim Corfman, Vice Dean of Online Learning at NYU Stern, she discusses Stern’s brand-new online option in graduate management education. Aimed at early-career applicants, the program merges two degrees in demand: data analytics and a master's in management.
NYU Stern’s new online Master's in Quantitative Management [Show Notes]
Our guest today is Dr. Kim Corfman. She is a Professor of Marketing, NYU Stern’s Vice Dean for Online Learning, and Academic Director of Stern’s MBA in Fashion & Luxury. She has served previously as Vice Dean for MBA Programs, Academic Director of the Langone Part-Time MBA Program, and coordinator of the doctoral program in marketing. Needless to say she knows a ton about management education and NYU Stern, and as I mentioned, today we’re going to talk about Stern’s brand new MS in Quantitative Management.
What is the Master's in Quantitative Management at NYU Stern? Can you provide an overview? [2:10]
The program is a combination of things we’ve never done before and is designed for a market need we didn’t feel was being met. It is for people without business degrees, and combines the business essentials (essentially MBA core courses) with an emphasis on analytics. It is designed to help professionals become more able to use data, which is very important to their professional success – how to ask for data, analyze it, and make decisions from it. It is online and you can attend from anywhere, with two short residential immersions each August, offering the chance to meet the cohort and do interactive face-to-face work. The program is lockstep and fits well with working professionals’ schedules, and can reach people all over the world.
Business Analytics master's programs have been mushrooming and the number of master's in management programs have also increased. How did NYU Stern decide to combine analytics, management, and online in one distinctive program that a student can complete in 20 months. [4:11]
We could have developed an online master's in management, but are sensitive to the fact that most of our MBA students find the most benefit to their careers from more analytics than they thought they needed. It is critical everywhere and the new business essential. Any working professional has greater demands on their time, but our format makes it much easier to do. In a given week it is self-paced, with optional synchronous Q&A sessions with faculty, and various deliverables each week.
I realize that an undergraduate degree in business is not a requirement for this program, but what kind of coursework are you looking for on applicant transcripts? [5:42]
We are looking for people who know how to do well in whatever they have done in the past. They have taken courses that challenged them and have succeeded in them, and who know why they are taking this program. We take people with backgrounds in social science, liberal arts, natural science, engineering, everything. We don’t require quantitative coursework per se, but applicants do have to