MS in Computing and Business and Business and Information Systems- New Graduate Degrees for Fall 2008

MS in Computing and Business and Business and Information Systems- New Graduate Degrees for Fall 2008

In the fall of 2008, NJIT will offer two new master’s degrees: one in Computing and Business degrees and another in Business and Information Systems. Associate Professor Marvin Nakayama, of the College of Computing Sciences, is here to discuss the new degrees.

Like many NJIT professors, Nakayama teaches interesting classes and does pioneering research. One of his classes, for instance -- the Foundations of Computer Science -- explores the limits of what computers can do. And in terms of research, he’s developing a math model that will help explain the failures in the nation’s electrical grid. A student of his, moreover, is designing a computer simulation that solves complex financial problems. Wall Street analysts rely on such simulations to study the stock markets.    

What kind of students should apply for this master's program?
The master degree should appeal to students who have an undergraduate degree in computer science, information systems or some aspect of computing. Many of them might already be working full time but want to advance in their company.  They might be considering an MBA, but this degree will allow them to master business concepts while also expanding their knowledge of computing. We’ll offer evening classes and some distance learning classes to make it convenient for the students to get their master’s degrees.  

Why offer this master's degree program now? Is there a big need for it?
Computer science and business management are two popular graduate programs, and many people have a hard time choosing which one to study. This degree makes it easy for them. They don’t have to decide: They can study both. It's so students can learn both computing science and business management, which will make them more marketable. Corporations are eager to hire students who have technical and managerial skills. And being well rounded will help these graduates get promotions and, if they like, to become managers. 

What will the Computing and Business degree focus on?
The degree covers advanced topics in computing and business.  The degree requires 33 credits and can easily be completed in three semesters. It will be technically oriented and focus on designing the sophisticated software systems and applications used by corporations, financial firms and Wall Street firms. They’ll learn advanced computing skills -- networking and security, databases, data mining and algorithms. But they also study subjects such as accounting, finance, organizational behavior and marketing.

How will the Business and Information Systems master's degree differ from the Computing and Business program? 
There will be more of an emphasis on the design and evaluation of software systems and applications. There will be less of an emphasis on programming. The masters’ in Business and Information Systems will teach students concepts in both business and information systems. The focus is on the application of computing and information systems in business, government and non-profit organizations. On the information-systems side, students will study databases, systems analysis and design, enterprise architecture, and business systems management. Business-wise, they’ll learn about accounting, finance, organizational behavior, and marketing.

Will students with the Business and Information Systems degree find good jobs?
Students who graduate with the master’s in Business and Information Systems will be prepared to find high paying technology jobs in business, without having to spend a lot of time learning about business on the job. In the business world, numerous jobs required advanced knowledge in information systems and graduates will find employment opportunities as system analysts, using and deploying information systems, decision support systems, and other MIS applications, database designers and analysts, and database and information systems auditors, in addition to many other exciting opportunities in technology. 

What about students with the Business and Computing degree?
Students who graduate with a master’s in Business and Computing degree will be positioned to get high-paying technology jobs. Their combination of business and computing knowledge will open doors to jobs in finance, accounting, insurance, marketing, telecommunications, consulting and the pharmaceutical industry.  Since NJIT is located in the metropolitan area, the finance capital of the world, the Computing and Business degree is well suited for those wanting to pursue a career in finance and accounting. Graduates will be able to find finance and accounting jobs designing and developing software, designing databases, installing and running applications, ensuring security by setting up and maintaining firewalls, protecting and managing networks, running computer systems, enhancing financial systems, developing and maintaining websites and e-commerce systems, and providing IT support to traders and financial analysts. Moreover, their advanced technical knowledge will allow our graduates to move up the corporate ladder.

Can students in both degree programs get involved in research?
Oh yes, master’s students will participate in research as research assistants, helping their professors explore cutting-edge science and technology. One such technology is the SmartCampus project, where dozens of NJIT students are helping NJIT professors develop a new social network that will link the entire campus.   

Are these two new degree programs offered jointly?
Yes. Students will take classes at the College of Computing Sciences as well as at the School of Management. The College of Computing Science recently ranked 22nd in the nation for awarding bachelor’s degrees in computer science, and sixth for awarding master’s degrees, according to the National Science Foundation. The School of Management, which offers students an excellent business education, is among the limited number of business schools that are accredited by the International Association for Management Education. . School of Management professors, such as Michael Ehlirch, have had top jobs on Wall Street, and they share that experience with their students. So in a nutshell, the two new degrees have been created for students who like computing and business, and it will give them the edge when it comes time for them to find jobs.

(by Robert Florida, University Web Services)