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A business education with a focus on innovation

The one-year, STEM-designated Master of Science in Technology Management (MSTM) degree from Gies College of Business prepares you for a future in areas like supply chain, marketing, consulting, or data analytics. This is a general management degree with a focus on innovation—it is not a technical degree.

This program is tailored to two groups of students: those who have a few years of professional experience, and those who recently finished their undergraduate education. As such, the MSTM is for those who want to distinguish and challenge themselves.

Our innovative curriculum is designed with a dual purpose: to elevate the strategic insight and management expertise of scientists and engineers, and to amplify business leaders’ analytical decision-making skills.

Applications for Spring and Fall 2021 are now open. View Application Deadlines.
No application fee for domestic candidates.

Realize an immediate return on investment

MSTM graduates can realize an immediate return on investment, considering our alumni receive, on average, compensation packages of $70,000+. Employers are looking for candidates who bring together technology and business with both a STEM and business education.

Over the past two years, MSTM graduates have joined major corporations such as EY, Caterpillar, KPMG, PwC, and General Motors. They are now management trainees, analysts, and advisors. The MSTM at Gies Business prepares you with the knowledge base and leadership skills needed to succeed in careers like these.

Customizable curriculum focused on your success

The MS in Technology Management program is designed to maximize your preparation for managing technological change in any marketplace, and it offers you a competitive advantage. The rigorous, 40-hour business-focused curriculum provides a wonderful foundation to help you formulate effective, multipronged strategies that will ensure strong and sustainable growth for your organization.

MSTM’s coursework can be divided into three categories: core business courses that build a solid business foundation, technology management courses, and professional development activities.

Concentrations offered within the MSTM program provide opportunities for your interests to develop. Choose from options like IT and control, supply chain management, and business data analytics. Minors in corporate governance and international business are also available, but require an additional semester to complete.

A distinguished degree for managerial success

Our innovative curriculum is focused on developing both essential business management and analytical expertise, with the role of technology as its common theme. Whether you are an engineer seeking to develop sharper business insight or a business person pursuing precise methodological skills, this master's program will strengthen your effectiveness as a leader in any organization.

This program will also help you obtain a firm understanding of technology strategy and its role in shaping the future of an organization. As an MSTM student, you will strengthen your insight into the importance of successful product or service development and learn to use that keen intuition in today’s world of short product life cycles, increased competition, and rapidly changing consumer preferences.

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STEM-designated by design

The MSTM degree is STEM-designated, which may allow international students to remain in the US for up to 36 months on the Optional Practical Training (OPT) STEM extension. Our commitment to a strong curriculum in technology and risk analysis, along with available concentrations in data analytics and IT control secured this important designation.

Frontiers in Technology series provides in-depth knowledge

When you are part of the MSTM program at Gies, you benefit from a strong curriculum, an expert team of faculty and career services professionals, and something truly unique—our Frontiers in Technology series. Through a variety of activities, you gain insights into the field of technology management and where it’s headed.

Activities include seminars on a broad range of topics, from strategy to team building to communication. Professional development opportunities are also part of the series, as are corporate visits, which give you firsthand insight into how the topics you are learning in the classroom are applied in the corporate world.

In addition, you’ll hear from prominent university researchers who work on the cutting edge of technology. Our Frontiers in Technology series gives you opportunities to engage with corporate and research leaders about ideas and technologies that will impact the future.


Adefolahan Adele-Sanyaolu Portrait from the Master of Science in Technology Management Program

"Coming from an Electrical Engineering background, I had very little exposure to the functioning of the business side of the industry. To be successful, it’s important to align the technology with the vision and mission of the business. Hence, it’s of the utmost importance to gain core business skills to succeed in the product management space."

Siddharth Ahuja, MSTM '17

Sam Oberholtzer Portrait for MSTM Program

"My favorite part of the program was getting to work with others and real-world clients. In one of my classes, I helped create a marketing campaign for Starbucks, and this experience helped me to develop strong critical thinking and problem-solving skills that I use today in my work."

Samantha Bolet, MSTM '18

Gies News and Events

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Five professors named ORMIR Fellows

Five professors from the University of Illinois at Urbana-Champaign have been chosen as fellows for the Office of Risk Management & Insurance Research (ORMIR) at Gies College of Business.