STEM-designated MBA courses offer international students the lucrative benefit of staying back in the country for three years.
In recent years, US universities have come up with two courses and redesigned STEM-designated MBA courses. However, the course was designed keeping in mind the needs of the commercial and business worlds. As per the latest trends, there is a requirement for someone who has an understanding of trends in the market.
Earlier Indians were fixed in their approach to choosing a normal MBA course. But now there is a change in the trend, with a greater number of Indians opting for STEM MBAs. The STEM MBA consists of science, technology, engineering, and mathematics. Graduates from different backgrounds are eligible for this MBA.
Taya Sapp, interim director of full-time MBA admissions at Ross School of Business, informed that over 85% of international students are pursuing STEM-designated MBAs. Chinese and Indian students count among the top international students in the US.
There are six master’s degree programmes offered in the US with the STEM designation. The programmes include the MBA, Executive MBA, Master in Finance, and Sloan Fellows MBA. Further, you can find the Master of Science in Management Studies, and the Masters in Business Analytics courses.
The attractive perk that US universities offer to international students is to let them stay in the country for three times longer with a STEM-designated MBA. A student pursuing a normal MBA can stay in the US for a year, while anyone with a STEM-designated degree can stay in the country for 3 years.
There has been an increase in the number of STEM-designated MBA programmes, increasing by 65% between 2017 (222 courses) and 2020 (367). Moreover, an increasing number of students are opting for STEM courses.