MBA applicants can get carried away with rankings. In this series, we profile amazing programs at business schools that are typically ranked outside the top 15.
As technical knowledge becomes increasingly relevant across diverse industries, many MBA programs seem to be vying to dominate the intersection of science and management education. Supplementing its global focus, Purdue University’s Krannert School of Management has developed two programs specifically targeting students with a background in science, technology, engineering, and mathematics (STEM). In June 2014, Krannert launched a one-year, full-time MBA program for STEM professionals that is designed to bring management education to applicants who possess three to five years of work experience in a technical field. In addition, the school now offers a similar 21-month weekend MBA option that begins each year in August.
These specialized programs reflect, as Bloomberg Businessweek suggests, the growing role of STEM professionals in entrepreneurship, consulting, and managerial positions. Each of Krannert’s programs consists of two career tracks, with one for entrepreneurs and another for those looking to join larger companies. The full-time curriculum entails a summer session and four modules that combine a business core and a wide selection of electives with STEM-related case studies and learning projects. As Dean Christopher Earley avowed, “Krannert is uniquely positioned to provide this program because it is a business school integrated into one of the world’s leading STEM-focused universities.”