Master of Business & Science in Industrial Mathematics

The MBS degree is a combination of an MS and a MBA degree (see https://mbs.rutgers.edu/). Students in this program choose a particular science concentration, accompanied by a business curriculum.

The science concentration consists of 24 credits and the curriculum is set by the unit offering the concentration. The business curriculum consists of 19 credits and is almost completely prescribed (see the business curriculum for details). Students do not write a thesis and are expected to do a Capstone project.

Admission Requirements

  1. Bachelors degree in science or mathematics, with a GPA greater than 3.0.
  2. GRE scores
  3. 2 Letters of Recommendation
  4. For applications whose native language is not English, the TOEFL.
  5. Basic knowledge of programming language (C, C++, java, etc.).
  6. If your degree is not in science/mathematics, then you need to take Calculus I, II, and III, and differential equations and/or linear algebra prior to starting the MBS. These courses could be taken anywhere where they are offered.

Curriculum

Industrial Mathematics

All students first take courses that provide a strong foundation in programming and algorithms relevant to current and emerging computational applications. Non-CS majors are required to take two background courses to acquire basic programming skills. In addition, students must take at least three of five core courses that relate to a wide range of science and engineering applications. In addition to these requirements, a total of eight courses (24 credits) must be taken.  

  1. Industrial Mathematics (24 credits)
    1. Required (24 credits)
      1. 56:645:560 Industrial Mathematics (3)
      2. 56:645:562 Mathematical Modeling (3)
      3. 56:645:563 Statistical Reasoning (3)
      4. 56:645:571-572 Computational Mathematics I,II (3,3)
    2. Electives (9 or 12 credits)
      1. 56:645:527-528 Methods of Applied Mathematics I,II (3,3)
      2. 56:645:533-534 Introduction to the Theory of Computation I,II (3,3)
      3. 56:645:537 Computer Algorithms (3)
      4. 56:645:538 Combinatorial Optimization (3)
      5. 56:645:540 Computational Number Theory and Cryptography (3)
      6. 56:645:541 Introduction to Computational Geometry (3)
      7. 56:645:554 Applied Functional Analysis (3)
      8. 56:645:557 Signal Processing (3)
      9. 56:645:561 Optimization Theory (3)
      10. 56:645:574 Control Theory and Optimization (3)
      11. 56:645:575 Qualitative Theory of Ordinary Differential Equations (3)
      12. 56:645:578 Mathematical Methods of Systems Biology (3)
      13. 56:645:579 Celestial Mechanics (3)
      14. 56:645:580 Special Topics in Applied Mathematics (3)
      15. 56:645:699 Independent Study in Applied Mathematics (3)
      16. 56:645:701 Thesis in Applied Mathematics (3)
  2. Business Courses (19 credits)
    1. Finance & Accounting (3 credits)
      Students select one from:
      1. 53:135:500 Managerial Economics (3 credits)
      2. 53:390:506 Financial Management (3 credits)
    2. Marketing (3 credits)
      1. Mandatory for all students:
      2. 53:630:508 Marketing Management (3 credits)
    3. Communication & Leadership (3 credits)
      1. Mandatory for all students:
      2. 53:135:501 Managerial Skills (3 credits)
    4. Management of Science & Technology (3 credits)
      1. Mandatory for all students
      2. 53:716:513 Operations Management (3 credits)
    5. General Management (3 credits)
      1. Students take one course. See the See Camden course listings for the MBS Business Curriculum
    6. Ethnics and Professionalism (1 credit)
      1. Mandatory for all students:
      2. 16:137:500* Ethics for Science & Technology Management (1 credit)
      3. 16:137:503Colloquium in Professionalism for Science & Technology Management (0 credits)
    7. Capstone (3 credits)
      1. The capstone course is a project-based course covering the fundamentals of entrepreneurship, intrapreneurship, innovation commercialization, and intellectual property. Students are expected to work on team projects analyzing technology innovations and creating business plans. At least 3 of the core classes must be completed before the capstone course.
      2. Mandatory for all students:
      3. 16:137:600 Science & Technology Management Capstone (3 credits)

For special permission numbers for the Rutgers-Camden business courses, call Joany McCracken at (856) 225-6452 or (856) 225-6218 or email jbmcc@camden.rutgers.edu

Graduation Requirements

  • A minimum of 24 credits in the Industrial Mathematics concentration and 19 credits of the business curriculum must be completed.
  • Grade requirements:To graduate, the student must achieve a cumulative GPA of 3.0, or better, in the required 24 graduate credits. No more than 6 credits with grades of C or C+ may be used in meeting the requirements of the MBS degree.

Credit Transfers

Subject to approval by the Program Director, students may transfer up to eight credits from other graduate Mathematical Science programs toward their MBS degree provided they satisfy the following conditions:

  1. The student has completed at least 12 credits with grades of B or better at the Graduate School in Rutgers-Camden.
  2. The courses transferred cannot include credits for a thesis, independent study, or research.
  3. The transferred credits have not been (and are not intended to be) counted towards any other degree.
  4. The courses transferred have been taken during the six years prior to the application for transfer credits.

How to Apply

To apply and review admissions information such as application deadlines and where to mail supporting materials, please visit the Application & Admission Requirements webpage.

Contact

Dr. Haydee Herrera
Mathematical Sciences Graduate Program Director
haydeeh@camden.rutgers.edu
Phone: (856) 225-2667

Mailing address:

Department of Mathematical Sciences
Armitage Hall
311 N. Fifth Street
Rutgers University- Camden
Camden, NJ 08102
Tel: (856) 225-2667