Product Development, M.Sc. | Online (optional) | Rochester Institute of Technology | Rochester, United States
12 months
Duration
54176 USD/year
54176 USD/year
Unknown
Tuition fee
Anytime
Unknown
Apply date
Unknown
Start date

About

The Product Development program of Rochester Institute of Technology is a leadership program for experienced engineers and technical specialists who aspire to high-level positions associated with product innovation.

Overview

The Product Development program of Rochester Institute of Technology integrates business and engineering management courses, delivering them in online or on-campus where students continue to work while taking classes.

New products and services are the lifeblood of today's high technology firms, and companies need more technically grounded leaders to drive the engine for business growth. 

The MS in product development integrates business and engineering courses consistent with cross-functional, end-to-end product development and the systems perspective critical to conceive, create, launch, and support today’s complex product portfolios. Participants acquire the foundation skills and strategic perspective necessary to become future leaders and senior managers responsible for driving business growth through new products and services. In short, the product development program prepares today’s technical experts for successful careers as project leaders and technically grounded senior managers of their enterprises.

To stay on the cutting edge, the program was designed by academic and industry leaders to integrate formal education with state-of-the-art research and best practices from industry. It includes a year-long capstone project that generates significant return-on-investment to sponsoring organizations. Electives and the capstone project provide flexibility to tailor the program's content to specific learning objectives of students and sponsoring organizations. The program is offered fully online or as a blend of online and on-campus courses. Students may start any term (fall, spring, summer) and complete courses at their own pace.

Key capabilities of graduates

  • Leadership expertise of the product development process and of high-performing product development teams and organizations. 
  • Improved leadership through structured systems thinking, design, and management.
  • A strategic, enterprise-wide and global perspective.
  • An innovative mindset receptive to changing markets, new technologies, and new opportunities.
  • Decision making in uncertain and fast-paced environments.
  • A market-oriented product development focus – i.e. the ability to transform customer problems, needs, and market opportunities into successful product portfolios.
  • Economic analysis and the application of sound business principles to effective management in the product development domain.
  • Project management: business and technical planning, relationship management and outsourcing, program control, structured decision making and risk management.
  • Enhanced ability to recognize barriers to success early, when corrective actions are less costly.
  • In-depth understanding and application of state-of-the-art tools for design, analysis, and management in the product development domain.

Programme Structure

Courses include:

  • Accounting for Decision Makers
  • Operations and Supply Chain Management
  • Decision and Risk Benefit Analysis
  • Engineering of Systems
  • Excellence in New Product Development
  • Product Development Capstone

Key information

Duration

  • Full-time
    • 12 months

Start dates & application deadlines

Credits

30 SCH

Delivered

On Campus, Online

Academic requirements

GPA admission requirements GPA
3
GRE admission requirements GRE®
Required
GMAT admission requirements GMAT
Required

Other requirements

General requirements

  • Submit copies of official transcript(s) (in English) of all previously completed undergraduate and graduate course work, including any transfer credit earned.
  • Hold a baccalaureate degree (or US equivalent) from an accredited university or college in engineering (or a related scientific or technical field),
  • Recommended minimum cumulative GPA of 3.0 (or equivalent).
  • Submit a current resume or curriculum vitae.
  • One letter of recommendation is required. Refer to Application Instructions and Requirements for additional information. 

Tuition Fee

To alway see correct tuition fees
  • International

    54176 USD/year
    Tuition Fee
    Based on the tuition of 54176 USD per year during 12 months.
  • National

    54176 USD/year
    Tuition Fee
    Based on the tuition of 54176 USD per year during 12 months.

Living costs for Rochester

925 - 1350 USD /month
Living costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Financing

Interested in financing your studies? Find a student loan that works for you.

Financing partner MPOWER Financing Student Loans between $2,001 - $100,000

Funding

Studyportals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

Our partners

Product Development
-
Rochester Institute of Technology
Product Development
-
Rochester Institute of Technology

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