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Home » New Jersey Institute of Technology

University Heights
Newark, NJ 07102-1982
p. (800) 925-NJIT
f. (973) 596-3461

School of Management

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History

New Jersey Institute of Technology, founded in 1881, is a public, coeducational institution. The 40-acre campus is located in an urban area 15 miles west of New York City. Total undergraduate and graduate enrollment is 8101.

The School of Management was founded in 1988 and is located on the main campus. Courses also are offered at Drew University and Bergen College (MS in Management). The basic educational approach is integrative, linking engineering, science, and management disciplines to plan, develop, and implement the technical capabilities and to shape and accomplish the strategic and operational objectives of an organization.

Academics

The School of Management offers the Master of Science in Management (MS) and Master of Business Administration in Management of Technology (MBA) as well as a doctoral program in management in cooperation with Rutgers, the State University of New Jersey, and a joint degree in management and architecture (MSM/MArch). Other programs include graduate co-op programs, including internships and work-study, and cross-registration with Rutgers University and the University of Medicine and Dentistry of New Jersey. The strongest areas of study are management of information systems, e-commerce, and finance. The most popular courses are Organizational Behavior, Management of Information Systems, and E-Commerce. Regular programs bring distinguished speakers and visiting professors to campus.

Thirty-six total credits are required to complete the Master of Science in Management, including 18 elective credits. Required courses for the Master of Science in Management include:

  • Methods of Research in the Behavioral Sciences
  • Computer-Based Decision Systems
  • Organizational Behavior
  • Legal and Ethical Issues
  • Business Strategy

Students may eliminate or substitute requirements by transferring credit.

Business students may take relevant nonbusiness courses in other departments. The maximum time permitted to complete the master’s degree program attending full or part time is 7 years.

There are 26 total full-time graduate business faculty, all of whom hold a doctorate; there are 18 part-time faculty, of whom 80% hold a doctorate. Faculty salaries are rated well above average for Category I institutions, based on the AAUP rating system. Average number of credit hours faculty teach is 18; average business class size is 22.

Admissions

A bachelor’s degree is required, along with a GPA of 2.8 and a GMAT score of 500. Most important admissions factors are academic accomplishments and ability, GMAT results, and work experience. A strong mathematics background is not required.

The number of applicants for the 2006-2007 class was 322; 185 were accepted; 101 enrolled. The average GMAT score was 540. Transfers are accepted. Minority students are actively recruited.

Students may begin the MBA program in the fall and spring. To apply, students must submit an application form, a transcript, GMAT scores, a nonrefundable application fee of $60, and 1 letter of recommendation. The application deadlines are June 1 (January 15 for financial consideration) for fall entry; November 15, (Octover 15 for financial aid consideration) spring. The latest acceptable test date for fall entry is open. Once accepted, students may defer admission.

Financial Aid

The GAPSFAS the school’s own financial statement, and the previous year’s tax return are required. Check with the school for current application deadlines.

Tuition for in-state residents is $648 per credit, or $11,896 per year. Nonresidents pay $892 per credit, or $16,900 per year. On-campus room and board costs approximately $9400; books and supplies, $1000; personal expenses, $1100; and other fees, $1414, for an estimated annual total of $24,810 for in-state residents and $29,814 for out-of-state residents. Graduate student housing consists of 4 dormitories housing approximately 1,450 undergraduate and graduate students. There is a referral service to help procure off-campus housing.

Students

Fifty-one percent of the current graduate business school class are enrolled full time; 85% have had an average of 9 years of full-time work experience prior to entering graduate school, a factor preferred by the school. The greatest percentage of students are from New Jersey (69%). Twenty-nine percent are women, 17% are minorities, and 25% are foreign nationals. The average age at entrance is 32; ages range from 21 to 55. Fifteen percent enter directly from undergraduate school; 5% already have a graduate degree. Students’ undergraduate majors were as follows: 50%, business; 25%, engineering; and 25%, liberal arts. About 1% of entering students leave by the end of the first year due to academic or personal reasons; 99% remain to receive their degree. In 2006, 93 graduate business degrees were awarded.

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