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
- StartingApply anytime.
- StartingApply anytime.
- Rolling admission.
Language
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Credits
Delivered
Campus Location
- Rochester, United States
Disciplines
Marketing Management Studies Sustainable Development View 276 other Masters in Marketing in United StatesWhat students do after studying
Academic requirements
English requirements
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- 98 accuracy using real exam data
- 4.9/5 student rating
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 Fees
-
International Applies to you
Applies to youNon-residents61762 USD / year≈ 61762 USD / year - Out-of-State61762 USD / year≈ 61762 USD / year
-
Domestic
Applies to youIn-State61762 USD / year≈ 61762 USD / year
Additional Details
- Online: USD 1,403 per credit hour.
Living costs
Rochester
The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.
Financing
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- Free visa & career support through our Path2Success program
Funding
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Scholarships Information
Below you will find Master's scholarship opportunities for Product Development.
Available Scholarships
You are eligible to apply for these scholarships but a selection process will still be applied by the provider.
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