Master of Business Administration in Technology Commercialization
Bill and Vieve Gore School of Business
An MBA in Technology Commercialization is an important tool to enter the competitive business market. Through a combination of technology-specific and business management classes, you will achieve the MBA skill-set, with an added expertise in technology. You will be able to direct products and project developments, learn about intellectual property law and strategy, finance technology, and manage a technological team.
Who It's For
The MBA in Technology Commercialization is designed for the engineer, scientist, or technologist who needs more education and experience in the management of the firm. Learning is greatly enhanced when students are actively involved; we're looking for you to bring your experience and commitment. Westminster greatly values your work experience because it brings context to the classroom and heightens learning, your experience is a valuable guide to your ability to complete an MBA Technology Commercialization degree.
- Highly customizable
- Interdisciplinary: you won't learn about finance or marketing by itself; instead, you'll understand finance and marketing in relation to how they work with other functional parts of business to achieve overall firm strategy.
- Professional and personal skill sets: while you are building analytical tools in the financial aspects of the firm, you are also learning to augment your personal skill sets in leadership, critical thinking, networking, professional communication, and a long list of others.
- Not lock-step: you can take courses as you are able, as long as prerequisites are met. We have three full semesters in a year, with all core courses available in each semester.
- Balance: between theoretical preparation and practical application. When you leave our program, you understand the theoretical principles and you have experience in applying them to business problems.
- Access: workshops, seminars, networking events with alumni and business leaders, campus events and more. And it doesn't stop when you graduate. Your participation in all of these opportunities does not cost you extra.
- Preparatory business opportunities: these self-paced materials are available to you as part of the overall program cost.
- Fixed price model: all class materials, fees, and even a required 10 trip international trip are included in the fixed price.
How Long It Takes
Many students can complete the program between 2 to 3 years; however, this varies with each student's commitment and requirements to complete the program. Our classes are offered evenings and weekends to accommodate your busy schedule. It will take a significant time and energy commitment on your behalf, but the reward will be worth it.
"It has been impressive to see the Westminster faculty and business leaders come together to develop the curriculum for the Technology Commercialization program. Westminster with its intimate atmosphere is in a unique position to enable its MBA candidates to connect to the real world."
About the Program
In addition to your courses, you will have access to a variety of centers and involvement opportunities on campus.
Average class size
Average years of professional experience prior to entering the program
Average age of students
What You'll Learn
The MBATC program emphasizes the practical and applied aspects of commercializing innovative products and managing the businesses that develop them.
You will complete the program by mastering program goals and related competencies, including:
- Communication: Effectively communicate business concepts and analysis verbally and in writing to organizational stakeholders.
- Ethics and social responsibility: Evaluate various ethical perspectives and use an ethical and legal framework for decision-making and social responsibility.
- Critical, analytical and reflective thinking: Analyze and solve complex managerial and organizational problems incorporating reflective thinking on the implications of the outcomes of those decisions.
- Leadership and teamwork: Lead and influence individuals and teams to achieve organizational objectives.
- Organizational performance: Analyze and use accounting, financial, and operational information to measure and influence organizational performance.
- Understanding markets: Identify and evaluate markets for an organization’s goods and services, articulate and influence the activities that make up the value chain for those goods and services, and use appropriate methodologies for ensuring product/service quality and speed to market.
- Strategic and global thinking: Design a strategic planning process, formulate a strategy, and implement the strategy to achieve a sustainable competitive advantage for a firm.
Additionally, at the conclusion of the program, you will be able to:
- Analyze the unique problems and opportunities facing technology-based firms, and develop plans to address those issues effectively.
- Build models to evaluate and measure market opportunities and constraints in technology-based firms.
- Select and apply tools that enable technology firms to quickly and successfully develop and deliver novel products to the market.
- Develop business models that enable firms to be leaders in technology sectors.
Plan of Study
Program Core: 35–39 Credits
The core 35–39 hours of coursework is designed to give you a solid foundation in technology commercialization.
Electives: 0–4 Credits, depending on undergraduate degree and experience.
Electives can be used to help you individualize your degree to your desired career goals.
May, August, and January. New classes start every 7 weeks.
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"The program's greatest impact has been the relationships I've developed with other professionals and faculty. No online university or overgrown school could have delivered the same close-knit quality experience. The program isn't just a set of classes but a kind of life-long membership in an exclusive community of high caliber individuals. Those relationships have enriched my life and continue to open doors. In retrospect, it's hard to imagine a better investment."
Tuition and Fees
The price model of the Master of Business Administration in Technology Commercialization program ensures that you know the full price of the program at the beginning. All-inclusive pricing is fixed for 5 years once enrolled, as long as you stay active in the program. This includes all course materials and an international context tour.
Westminster works with all students to determine the financial aid opportunities available to them. Federal financial aid is available and will be awarded on an individual basis to students who have filed the Free Application for Federal Student Aid (FAFSA). Some federal financial aid programs require students to maintain the equivalent of full- or part-time enrollment. Westminster also offers scholarships for graduate students.
Students who completed an undergraduate degree at Westminster are eligible to receive the Westminster Alumni Scholarship. MBA in Technology Commercialization program students are also eligible for the MBA Leadership Scholarship.
Graduate students are eligible for Direct Unsubsidized Loans and Direct (grad) PLUS loans through the U.S. Department of Education’s federal student loan program.
Federal Work Study
Federal Work Study is a federally funded program that provides job opportunities for students to earn money to help pay for college. Westminster employs hundreds of students each year in different areas.
Applications are accepted on a rolling admissions basis.