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
Data is an average of the past few academic years as of Fall 2019.
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:
Strategic and innovative thinking: Compare different scenarios or strategies that affect the competitive position and success of an organization, develop innovative solutions that generate value for organizational stakeholders, and evaluate the success of implemented strategies.
Global perspective: Interpret business solutions from a global citizen's point of view and assess the interdependence of global systems on business outcomes and evaluate the social, legal, economic, cultural, and political issues and trends that affect business conduct.
Critical, analytical, and reflective thinking: Explain logical solutions to complex or unstructured problems and evaluate assumptions, evidence, and implications. You will also support claims and conclusions with evidence and logic, synthesize other perspectives and positions, and evaluate the results of one's decisions and actions to guide continuous improvement.
Effective communication: Evaluate intended audiences' characteristics and tailor messages accordingly, analyze and select communication methods and technologies that are appropriate to the objective and situation, and develop well-organized, persuasive arguments supported by evidence and reasoning. You will also deliver verbal, written, and visual messages to individuals and groups, credibly, concisely, and persuasively while listening in a way that demonstrates and builds understanding.
Ethics and social responsibility: Identify ethical issues and challenges encountered within an organization and determine how they affect the various stakeholders, discriminate between legal and ethical standards and devise solutions to address both, and explain the impact of social responsibility on an organization, relevant communities, and society.
Leadership and teamwork: Articulate desired results and achieve them; manage decision-making and problem-solving processes; and motivate and influence individuals and groups to solve problems and make sound decisions. You wille also create effective teams by clarifying team goals, selecting suitable members, allocating work, establishing norms, and assigning accountability. Most importantly, you will collaborate with others to pursue team goals by soliciting input, giving and receiving feedback, addressing problems, and personally contributing to the team's work In doing these things, you will build and maintain productive interpersonal relationships with others.
Functional integration and application: Assess quantitative and qualitative information to measure and evaluate organizational processes and performance while integrating skills learned throughout the graduate program and using them to solve business problems and make effective decisions.
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.
Completed applications are reviewed on a rolling basis. To secure a spot in your desired entry term, submit your application by the term's deadline:
- Fall 2022 Entry: July 29, 2022
- Spring 2023 Entry: November 9, 2022
- Fall 2023 Entry: July 10, 2023
Fall or spring