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Exploring the Startup Ecosystem in the United States through EFL

Nilesh Ramnani, CFA is a current Tech MBA student, specializing in Strategy, Product Management, and Entrepreneurship. Prior to Stern, Nilesh had his own consulting firm and has also worked in Investment Banking and Private Equity. At Stern, he is a board member of Private Equity and Venture Capital Club; Business Analytics Club; Graduate Marketing Club and Adventure Club and enjoys traveling and exploring different cultures and cuisines.

I was standing in the queue for the most adventurous Velocicoaster ride at Universal Park Orlando during my spring break. I asked my wife – Are you scared? She said, “yes I am, but it will be so much fun! The excitement and a bit of fear makes this adventurous.” Once we were on the Velocicoaster, we were thrown upside down four times and all the moves were unexpected. The start-up world is no different. You just need to find your own balance of facing fear, uncertainty and enjoying the ride. You are pulled in different directions and you need to find your own path. 

Before joining Stern, I had experience working with many startups in India through my own consulting practice. But I wanted to get a deeper dive into the start-up ecosystem in the United States. That’s when I found the Endless Frontier Labs (EFL), taught by Professor Deepak Hegde. The course is a mix of lectures, working with a start-up and also meeting industry experts who mentor the companies in EFL. 

I was paired with OPTT health, a company that is trying to solve some of the biggest challenges in the mental health care space in the US and Canada. We read a lot about telehealth companies trying to make mental health accessible to everyone, but the facts are shocking. 55% of adults (28 million people) in the US with a mental illness do not receive treatment. This is partly because mental health treatment is highly subjective and labor-intensive, and treatment outcomes depend mainly on the skill of the clinician. We need efficiencies in the system to enable doctors to treat more patients and OPTT is trying to do this using a proprietary algorithm to capture and analyze patient data. It plans to transform the treatment of mental health using machine learning and Artificial Intelligence. 

I worked with founders Mohsen Omrani and Ali Omrani on the go to market strategy in the United States market. In our meetings with mentors, we identified a crucial goal: to develop a quantitative model that OPTT Health can use to effectively communicate its value proposition. I mapped out the patient journey and identified areas where OPTT can create value that could be quantified. Based on these findings, I developed a financial model to calculate the return on investment (ROI) for potential customers. OPTT plans to use this model to determine a suitable pricing strategy for the company, ensuring that the value they offer is commensurate with the price. My work will be used to communicate the value to all the stakeholders including customers, investors and partners.

Through EFL, I also learned a lot about other startups. We had multiple group sessions where we discussed the issues faced by EFL startups and brainstormed ideas to solve these problems. EFL provides a platform for students, mentors, and the EFL team, to discuss the problems startups are facing.

I think the EFL course gave me exactly what I was looking for. I got a flavor of the startup ecosystem in the United States and also learned frameworks to solve problems faced by startups.

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Career Resources & Recruiting

Zoish Pithawala is a current Tech MBA student, specializing in Tech Product Management. Prior to Stern, Zoish worked as a Solutions Architect focused on startups interested in using cloud technologies. Post-MBA, she plans to move into a technical product management role specifically focused on data analytics. 

 

 

When I quit my job to go back to school, I was left a little nervous wondering what recruiting for a new role would be like. With the Tech MBA kicking off in May, it felt like there was barely any time before I had to start recruiting. Luckily, Stern has a ton of resources that helped me with my career development and recruiting process that made the whole process a lot easier.

Office of Career Development

The Office of Career Development is one of the first resources you’ll hear about when you start the program. They provide tools, events, and 1:1 meetings for any stage of the recruiting process. Here are some of the resources I found especially advantageous to me. 

  • Resume Reviews:  Before the program even began, we had access to a resume editing tool to help us start on our journey, followed up with some individualized feedback. This was a great starting point for me, because it got me into the mindset of what gaps I had in my resume that I wanted to fill throughout the year. Through the rest of the year, I scheduled appointments with the Careers Team team to continue editing my resume as I added more experiences. 
  • Recruiting Events/ Presentations: The Careers Team hosts several company recruiting presentations throughout the year. I signed up for the companies I was interested in applying to and it was a great way to hear more about the roles and find out about the recruiting process. My favorite event was the Tech Alumni Mock Interview where I got practice on how to interview for a technical product management position and got to network with  alumni. 
  • IGNITE: Over the summer, there are a few mandatory IGNITE sessions that help with general career development like working on your pitch, resume writing, and how to create a target list of companies. This really helped me get the ball rolling over the summer and I continue to utilize the provided workbook today.
  • 1:1 Appointments: This was the most valuable resource for me! I frequently scheduled 1:1 appointments with the Careers team to discuss more on my strategy and any questions I had about recruiting. The Careers Team even offers mock interviews that can help you practice interview questions.  I found everyone on the Careers team extremely helpful and I plan to have a few more mock interviews and offer negotiation strategy sessions before the end of the year!

Club Resources 

Outside of the social events, clubs can also help with your career development. As part of the Stern Technology Association (STA), I found their resources extremely helpful. They have consolidated resources including a handbook that has great notes on the types of interview questions, what to expect when interviewing, and tips for different tech companies.

Professional Opportunities

The Tech MBA has built-in professional opportunities as part of the curriculum. Over the summer, the Tech Immersion course gave us hands-on experience working with KPMG and in the fall, I got the opportunity to work with PayPal in Tech Solutions. These professional opportunities gave me a lot to showcase on my resume and helped me tailor my resume towards my career goal in product management. These professional opportunities also give me the chance to network and work with professionals in companies that I have always wanted to work for, like PayPal. 

Networking 

Networking is a big part of your life as an MBA student and for your recruiting process.  All of the resources I shared above involve networking with peers, alumni, and professionals. There are a variety of other ways that Stern helps you network. 

  • Networking events: There are a variety of networking events hosted through OCD, clubs, etc. throughout the year. These events range from alumni events to multi-school events that give you a great opportunity to meet new people.
  • Guest speakers: A majority of my classes at Stern have featured incredible guest speakers. These speakers range from experts in Blockchain, product managers at large tech companies, CEOs, founders, and more. Not only is it incredibly valuable to hear their insights and learn about their backgrounds, but you get the opportunity to connect with them and network. I have loved getting to connect with a lot of these speakers after the session!

As I continue to network and apply for jobs, I utilize these career resources frequently. These are just some of the career resources that I have utilized throughout this year as I recruit for a full-time job, and I know they will be immensely helpful for you if you end up at Stern!

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West Coast Immersion 2023

Divya Mehta is a current Tech MBA student at Stern. Within Stern, she is part of the Graduate Marketing Association and Business Analytics Club boards. Before starting her MBA, Divya has held various supply chain roles at Johnson & Johnson, Colgate-Palmolive, and Intel Corporation. She studied Industrial Engineering at Penn State University with minors in Product and Entrepreneurship. Post-MBA she is interested in pivoting from a cost-savings role to a revenue-generation role at a B2B company. 

 

Welcome to the Journey! 

One of the standout features of NYU’s Tech MBA is its embedded West Coast Immersion Course during our winter break.  The West Coast immersion is an integral part of our curriculum, as it gives us exposure to a wide range of companies and opportunities beyond the NYC ecosystem. My name is Divya, and I’m here to bring you along on my personal recap of the West Coast Immersion trip! 

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Students had the option to visit either Seattle, WA or Los Angeles, CA before meeting up in San Francisco.

As part of the West Coast Immersion Coast, we were able to lottery for our choice of either Los Angeles or Seattle; I chose Seattle  so that I could  tack on a week in Portland, OR prior! At the end of the trip, 16 of us traveled to Steamboat, CO to join Stern Adventure club on their annual ski trip. This led to a total of 4 weeks of travel for me! 

My luggage for 4 weeks of travel was #Worththeweight

As the official start date of the trip neared, I couldn’t help but feel the adrenaline rush as my classmates began to share their travel to Seattle from all parts of the world. 

 

Shortly after our group touched down in Seattle, we met up at Flatstick Brewing for some beer and bites. There were so many fun memories but in the interest of keeping this short, I’m sharing my top 5 highlights, in chronological order, from each leg of the immersion trip!

Seattle Highlights: 

  1. Microsoft
  2. Amazon 
  3. Class-bonding
  4. T-Mobile 
  5. Starbucks

1. At Microsoft we had the pleasure of hearing from Jeff Teper, President of Microsoft Collaborative Apps, and a thought leader in the product space. I loved hearing his insights and experiences around disruption, culture, and customer empathy at a large enterprise company. I was also particularly fascinated by the Industrial Metaverse portion covered by Lili Cheng, given my background in Supply Chain.

Group shot from our first company visit!

2. At Amazon we learned the importance of Customer Obsession, Collaboration, and what makes an MLP or “Most Lovable Product!” We were treated to a delicious breakfast and lunch with an exclusive tour of the Amazon Spheres in between. 

An Amazonian welcome and tour of the Spheres


3. The small but meaningful class-bonding moments with Professor Vasant Dhar – I loved being in a remote classroom together, having a whole charter bus to ourselves, and taking in the beautiful Mt. Rainier views! 

  

4. T-Mobile was perhaps my biggest surprise. We had a blast learning about their 5G portfolio through interactive demonstrations. Salim Koudri, Senior Vice President of Technology,  gave  an incredible talk on the wireless value chain, the future of 5G, and some fascinating business solutions. We learned about concepts such as “latency” through VR, and then ended our day at the employee lounge for a cocktail reception with pool, shuffleboard, and networking with senior team members. 

Classmates learning the challenges of “latency” through VR games

5. Similar to T-Mobile, another company visit that surprised me was Starbucks. As someone who comes from a background in supply chain, I had always known of Starbucks as a “supply chain” company. As an Industrial Engineer, I really “nerded out” on the fact that they have an entire center dedicated to optimizing the barista experience. It turns out product design plays a huge role in speed and ergonomics. 

After a hectic schedule in Seattle, we packed up our suitcases and made our way to San Francisco to meet up with the other half of our cohort! 

Excited to meet up with the rest of our classmates in the Bay Area

San Francisco Highlights: 

  1. Weekend 1
  2. Palantir
  3. Nvidia
  4. Calm CEO
  5. Google

1. Weekend 1 in the Bay consisted of reuniting with the second half of our cohort (after 4+ weeks of winter break), exploring the city, meeting some admitted students for brunch, and of course, a cohort trip to Napa Valley! This was our first chance to breathe after a hectic first week in Seattle. 

  

2. At Palantir, we got the true Silicon Valley start-up experience as we challenged each other to ping pong and foosball games while our speakers set up.

Classmates enjoying a good post-lunch stretch at Palantir

3. One common theme that has been stressed throughout our program is the importance of coffee chats. Because of the networking and coffee chats I’d arranged, two of my classmates and I were fortunate enough to be invited to a personal tour of Google’s new campus where we rode bikes, grabbed a delicious Mediterranean meal,  made our own ice cream sundaes, and chatted about the variety of opportunities at Google and beyond. 

Posing in front of the new Bay View building in Mountain View

4. Nvidia was incredible. Unfortunately we weren’t allowed to take pictures inside but their building looked like it was straight out of a futuristic movie. Their demonstration of generative AI showed the power of simulations in driver safety, and digital twins in manufacturing plants. 

5. An amazing way to end our week was to have an intimate conversation with the CEO of Calm, David Ko. One of my favorite quotes from the NYU Alum was “It’s not how you lead going up, it’s how you lead when things are going down.” This was especially important to hear while the Tech industry was facing economic headwinds because it taught us the importance of resilience. 

Our classroom views were absolutely gorgeous on our last day

In conclusion, the West Coast Immersion trip was an incredible opportunity for the NYU Tech MBA cohort to broaden our horizons beyond the NYC ecosystem and gain insights from a diverse range of companies and industry leaders. From Microsoft to Amazon, T-Mobile, and Starbucks in Seattle, to Palantir, Nvidia, Calm, and Google in the bay area (and this isn’t even all of the companies we visited!), we had the chance to learn about disruptive technologies, customer obsession, product design, 5G, and AI. The trip also provided us with invaluable opportunities for class-bonding and networking with senior faculty. Overall, the West Coast Immersion was an unforgettable experience that allowed us to deepen our understanding of the tech industry and prepare us for the challenges and opportunities ahead.

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Thriving as a Woman in Tech

Alina Vrsaljko is a current Tech MBA student at Stern. Within Stern, she is part of the Stern Women in Business Club‘s board. Before starting her MBA, Alina gained professional experience in Digital Strategy Consulting at McKinsey in Europe and in multiple roles at Hewlett Packard Enterprise in Germany and Singapore. She holds a BSc in Business Informatics and a MSc in Management. 

Introduction

45% minorities, 9% LGBTQ+, 57% international students and 55% women – those are not target scores from exemplary studies on what ideal diverse teams should look like, but those are the actual numbers of the Tech MBA at NYU Stern. When I met my classmates for the first time, I was amazed by the number of strong women in the program. This was not at all what any of us had expected when signing up for a Tech focused MBA, but we LOVED it – both male and female classmates. In the picture below, you can see a small part of our amazing group of women in the Tech MBA.

Being the only one

Coming from a Tech industry background, I’ve gotten used to being the “only one”-the only woman in the room.  And even though my colleagues and clients meant well, there were certain situations where I could feel the impact of what it means to be the only person of a certain group in the room. And this did not just happen to me – a recent Women in the Workplace Study by McKinsey and LeanIn.org shows that “32% of women in technical and engineering roles are often the only woman in the room at work” (2022). This is one of the reasons why I believe the makeup of this year’s Tech MBA is so special and important – the more we normalize women thriving in Tech, the easier it’ll be for young women to imagine themselves in those roles.

Why is this even relevant? 

Throughout my career, one big factor I’ve considered when deciding on a next career move was around female empowerment – will this decision help me advance further and will this have an impact on women in the industry? Maybe that’s also why I specifically picked the Tech industry as an 18-year-old girl to start off my career. I believe it’s time that all of us start making a difference. Especially in Tech but also in leadership in general, women are still heavily underrepresented – in the US, still only 1 in 4 CEOs is female and even only 1 in 20 CEO’s is a black woman (LeanIn, McKinsey, 2022). Thus, I believe us as MBAs, and hopefully all future leaders, need to push further for equality to achieve the equal world we aim to live in. Another reason for focusing on gender equality is that diverse teams make better decisions (Harvard Business Review, 2016) – no matter whether that’s in business or politics. Additionally, especially in Tech, having diverse representation will matter even more than ever. With Artificial Intelligence solutions on the rise and tech firms not having a diverse employee body, those new algorithms are full of unconscious biases that will need to be resolved (Forbes, 2020). Thus, I am proud to be part of an MBA program that is educating so many women in Tech, sets us up with the tools to excel in the industry, and educates allies who are aware of gender equality issues and who will actively create an impact in this field.

When thinking about how to thrive as a woman in Tech throughout your MBA experience, there’s three main areas to leverage:

1. Role models: I can’t stress enough the importance of strong role models for your career development – I am still thankful to all the amazing role models in my previous positions who I am still in touch with. NYU Stern will also help by connecting you with strong, successful women – I was lucky enough to have met a few of them at multiple events hosted by NYU Stern, from Elizabeth Elting (see picture below) who was listed on FORBES’ list of America’s Richest Self-Made Women, to Rama Akkiraju, who is leading NVIDIA’s AI/ML efforts after being responsible for IBM Watson for the past few years.

Those women are living proof that it is possible to break glass ceilings in all kinds of industries, and an MBA at NYU Stern allows you to connect with and learn from them. Additional events to connect with women are now also happening all over New York – and for every industry. Especially for Women’s History Month, companies like Google and Amazon have held great events around women in tech that were free to join for students.

2. Network within Student Community: Besides external speakers, who often can act as inspiration, the Student Community at NYU Stern is full of strong and ambitious women to network with. Starting from the Fall, Tech MBA students will get to interact with all full-time students and there are multiple opportunities to engage with fellow students. For example, I’m part of the Stern Women in Business Club’s Board for Alumni Relations. This involved connecting with a lot of female MBA alumni, and allowed me to network within the SWIB community to further build out my network. Of course, the small class size of the Tech MBA and the close connection to the smaller sized Fashion and Luxury MBA also allowed to create a close-knit network already in the summer. I’m sure I’ll carry my network of strong NYU women throughout my career and can’t wait to see what all of them will accomplish.

3. Allies: Finally, a concept that is gaining much more popularity is involving allies that do not identify as women. The great part about women’s engagement within NYU is that non-women identifying students are also asked to participate in a range of events. There are specific events like “Bring your Ally to Work” where all students discuss issues that women in the workplace have experienced to raise the awareness of discrimination, or “Real Meals” where an ally hosts a dinner at their place and invites women to listen and learn more about what discrimination currently still looks like. Additionally, our SWIB conference this year is also centered around the topic of Active Allyship. NYU Stern promotes a policy of equality that can only be achieved by working together and aiming as one for a more equal world and I’m proud to be a part of this effort.

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The Role of Clubs in the Tech MBA

Steven is a current Tech MBA student, specializing in Financial Instruments & Markets and Management of Technology & Operations. Prior to Stern, Steven was at Deloitte in tech consulting where he was implementing financial software to complete full cycle digital transformations. At Stern, he is involved in OutClass and enjoys connecting with classmates.

Club involvement has been a significant part of my experience at Stern. I am currently a Vice President for Careers and Conferences in OutClass, an Assistant Vice President for Resources in Cellar, an ally in Stern Women in Business, and a member of the Management Consulting Association, Private Equity and Venture Capital Club and Stern Adventures. The first thing to note is that a lot of these clubs have lifetime membership. The professional clubs offer an abundant amount of important information including job opportunities, networking and trainings that can be leveraged in the future. I highly suggest joining any clubs that you have an interest in so that you can utilize these invaluable resources.

Affinity Clubs

The club that I am most involved with is OutClass, our LGBTQIA+ affinity group. In my leadership position, I have been heavily involved with connecting employers that are recruiting for diversity and inclusion initiatives to queer MBA candidates, and have organized multiple firm-sponsored queer networking events including cross club collaborations. OutClass has been one of the most important clubs that I have been involved with and has significantly enhanced my experience at Stern. This club has allowed me to meet classmates from all the different MBA programs (EMBA, Part-Time Langone MBA and Full 2-Year MBA) outside of the focused MBAs. I have also built a community in OutClass that has been instrumental in some of my deepest connections at Stern. I have seen firsthand how within this community, everyone really strives to help each other out to achieve the utmost success. With this group we have attended professional conferences such as ROMBA in Washington, D.C. (Stern had the highest representation of queer students out of any graduate school!), happy hours, group workout sessions, dinners, mixers with other schools and alumni, marched in New York Pride and have so much more to come, including a trip to Miami.

Professional Clubs

As for professional clubs, these clubs help students with securing summer internships and full time offers. They offer bootcamps, casing prep and competitions and a wealth of learning opportunities. The goal of professional clubs is to help students  prosper in whatever field they are recruiting for. In most of these clubs, MBA2s will lead sessions and help the other cohorts by sharing their experiences going through the same processes in the previous year, and giving advice on how to prepare for or learn about an industry. Overall, the interview preparation, job opportunities and connections that these clubs provide is outstanding.

A particularly special event that I went to recently was the kickoff for ‘Allyship in Stern Women In Business’ (SWIB). Coming from the tech sector, where women are disproportionately represented, it was incredible to see that my Tech MBA cohort was the largest representation. Everyone went around to state their various reasons of why they showed up as an ally, and it was impressive to see why everyone supported more women in leadership positions and how they would support these initiatives when they returned to the workforce.

Overall, I would recommend joining any and every club that you have any interest in. Both professional and social clubs offer a magnitude of knowledge, fun, connections and networks. These affiliations will last a lifetime and you never know when you will want to leverage any aspect from the membership. You will always be able to decide what events you will want to attend or how much you obtain from the relationship, but you will not have the opportunities unless you get involved.

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Demystifying Tech in the Tech MBA

Shriram HS is a current Tech MBA student specializing in strategy, marketing, and product management. He moved to New York City from Bengaluru, India. At Stern, he is the VP of Tech MBA at the Stern Technology Association. Prior to Stern, he worked at Cisco, leading product development for 5G and cloud networks. He holds a bachelor’s in electrical engineering and a master’s in computer engineering.

“Know what’s weird? Day by day, nothing seems to change. But pretty soon, everything’s different.“

-Bill Watterson, through the fabled comic strip Calvin and Hobbes.

That quote elegantly encapsulates the predominant theme of present-day reality, especially in business and technology: Disruption. It conveys a rather simple but sweeping idea that swift disruption is the new norm. What’s in vogue today is unlikely to be so in a few months. And it does not spare anything: technology, business models, or even entire firms. So how do you thrive in this new age?

Until a few years ago, the traditional MBA would set you up nicely for any target industry. But today, when you specifically want to pursue tech/tech-adjacent leadership roles:

  1. It has at most a peripheral focus on tech, which is now a primary driver of this disruption 
  2. It has a high time cost of two years

When I began exploring business schools, I had strict considerations:

  • Its program had to build on or complement my tech background
  • It mustn’t be longer than a year
  • It had to be welcoming of international students

Any tradeoff here would severely affect its value to me. As you’d expect, only a micro list of options fulfilled all these criteria. Yet, I insisted on assessing the details under the hood of each option, and that showed why the Stern Tech MBA experience stands out in this new age.

I’ll start with oft-asked sets of questions I’ve come across:

What exactly is the Tech MBA? Is it an executive program? Is it a joint degree? Is it a specialization?

It is none of those. I’d dub it an accelerated MBA focusing on technology.

Is it for someone with a tech background? Is it only for someone who wants to move to the tech industry?

It could be for anyone, with no binding restrictions on either prior background or outcome. In fact, its chief tenet is flexibility, which I’ll expand on in further detail below. I found ample preparatory content within the course for folks who didn’t work with tech before. As for outcomes, its structure allows you to specialize in any of Stern’s 27 specializations. The latest program reports would help you note this diversity, both in roles as well as industries. Given that any product or service in any industry could have a substantial digital component, the Tech MBA’s literally designed with that flexibility. Here’s precisely how.

My good friend and classmate John Bennion shared his specifics to facilitate this collation to give you a clear view of this program’s flexibility. For quick context, he worked at the US Air Force, leading product management before coming to Stern.

Core Classes

The business core comprises all foundational MBA classes at 2x the pace. Among that, a subset (strategy, entrepreneurship) is specifically tech-focused. On the other hand, the tech core comprises grad-level classes on data, modern tech stacks, and DevOps. Through these, you’d have everything you need to manage tech operations, understand systems architecture, or even build your own application. While I waived those classes in which I had proficiency, John added more electives in this space, taking advantage of both Courant (NYU’s Institute for Mathematical Science) and Steinhardt (NYU’s School of Culture, Education, and Human Development).

Electives (Selected Sample)

One highlight of tech management coursework I must list here is innovation strategy taught by Prof. Melissa Schilling. Many business school classes embody some combination of traditional/layered concepts, case studies, and professional practice. However, this class is a fine example of how primary research and years of teaching have resulted in a distinctively compelling study. Her single coherent strategic framework for innovation management seamlessly decoded any and every example brought up in class.

Experiential Learning

A fun aspect here is the near-weekly sessions hosted by alumni and visiting business leaders as a built-in part of this course. What makes it fun is their remarkably candid spirit while sharing their incredible experiences. For our cohort, these ranged from cutting-edge tech, such as pre-release 5G solutions from Verizon, to high-impact initiatives involving predictive AI at Lyft.

Another memorable class I took this fall was the Consulting Lab, engaging with J&J’s self-care division for branding and innovation. Starting out, I had no expertise in the function or the industry. But over the semester, the 10x learning in this class prodded me to advanced levels. On its concluding day, our client’s leaders commended my team, asking us to present our recommendations further to J&J’s senior global leadership. In no small part, it is a reflection of Prof. Fran Gormley, whose mere preparation for every meeting astonished me. As a result of this experience, not only did I add new skills, such as go-to-market strategy, to my repertoire, but I also feel inspirited to take on new challenges. Such felicitous experiences help you develop a refined perspective that immensely boosts your range, which is key to this new age. And no other place is primed for better exposure to this ecosystem, embracing Silicon Alley, Wall Street, and a multitude of marvels in this city that never sleeps.

 

 

 

 

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The Tech MBA Curriculum

Divya Mehta is a current Tech MBA student at Stern. Within Stern, she is part of the Graduate Marketing Association and Business Analytics Club boards. Before starting her MBA, Divya has held various supply chain roles at Johnson & Johnson, Colgate-Palmolive, and Intel Corporation. She studied Industrial Engineering at Penn State University with minors in Product and Entrepreneurship. Post-MBA she is interested in pivoting from a cost-savings role to a revenue-generation role at a B2B company. 

If you’re reading this post, you’re probably wondering how we effectively squeeze a traditional MBA curriculum in just one year. How is it structured? How does it feel? 

My classmates studying for our accounting final together at one of our apartments

One of the most unique aspects of the Tech MBA is that core classes start in the summer rather than the fall. This gave all 47 of us the unique opportunity to receive focused attention from renowned professors, early access to all of Stern’s resources, an accelerated bonding experience through 30-40 hours a week in class together, and elective flexibility for the subsequent semesters. 

In order to help frame the first semester, I’ve broken it down into takeaways and  two parts: The first 60 days and the last 30 days. 

Takeaways 

  • The first semester is difficult. By clearing your schedule for the first 60 days, you may save yourself from stress.
  • Knowledge is power. Students have opportunities to think about how each core class relates to one another and apply learnings to their experiential engagements. 
  • Everyone has unique strengths. The professors are amazing, but classmates are also a great resource for learning and support! 
  • Having fun is important! Electives are a chance to learn something you wouldn’t have learned otherwise. Don’t worry too much about specializations. Everyone’s journey is unique.

The first 60 days: 

Our first 60 days consisted of seven core courses which were already scheduled for us and required as part of the Tech MBA curriculum: 

Economics Accounting
Leadership Communications
Tech Immersion Marketing
Dealing with Data (Python, SQL)

Our days were long and fully packed with class from 9:00am to 4:20pm. Although the injection of mental and social stimulation was difficult to prepare for, this was also the portion of the summer that I had the least number of extracurricular distractions and the most amount of adrenaline to learn fast. I also was continuously re-energized by some of my favorite professors Professor Brian Hanssen (Communications) and Professor Nate Petit (Leadership) who consistently brought their passion to the classroom. 

I was also impressed by the structure of the program, which strategically weaved complementary themes through multiple courses in our carefully crafted curriculum. For example, after learning about empathy in Leadership on a Monday, we immediately practiced delivering feedback in Communications the following Tuesday. In Marketing class, we learned about Customer Journey Maps and User Personas, which we incorporated into our Tech Immersion check-ins with our respective clients. The ability to apply fresh material to concurrent courses led to faster absorption, richer discussions, and a more holistic understanding of where different aspects of a business intersect. 

The last 30 days: 

Our last 30 days ended with four courses that gradually transitioned us from learning fundamentals to implementing strategy.  

Finance Strategy
Entrepreneurship Tech Immersion (continued)

Just like the first 60 days, principles we learned in our morning Finance class (CAGR and ROIC) were being applied in our Strategy and Entrepreneurship classes. The classes had a balanced mix of hands-on experience, practical applications, and case studies. As an engineer, I initially found Finance challenging but luckily, I had a few classmates with lots of practical finance experience to help me study and succeed. After balancing seven classes in the first 60 days, and having the support of my classmates, this portion of the semester felt much lighter. We finally had a good groove and Friday classes were eventually replaced with free time for picnics, beach trips, and sightseeing!

After the first semester…

After the first semester, everything else felt very manageable. We entered the fall semester with grace. At this point I already had a rhythm, a strong group of friends, and a foundational understanding to take some stimulating electives with the rest of the 2-year MBA students. My favorite elective in the second semester was Blockchains & Cryptocurrency. The class started off with industry experts discussing current event topics (such as the fall of FTX). I was thankful that the structure of the Tech MBA curriculum equipped me with the perfect blend of technical and commercial acumen to conceptualize cryptocurrency strengths, weaknesses, challenges, and opportunities. In my last semester, I am most excited to take a course in Strategic Foresight and Predicting the Future of Technology with Amy Webb, a leading expert in future strategy and innovation, who has been featured in numerous media outlets such as CNN, The New York Times, and the Wall Street Journal!

Aside from electives, we also had more free time to join boards of clubs and participate in extracurriculars with the rest of the Stern community. With my newfound free-time, I led a committee in planning the first in-person conference for the Graduate Marketing Association in years. I also had an opportunity to attend an intimate Leadership Storytelling summit which expanded on some of the principles I learned in Leadership class. I was able to branch out and meet so many Sternies from all walks of life, with a lighter course load.

My amazing class of Tech MBAs and Fashion & Luxury MBAs after our final presentations in Strategy

Overall, if you are looking for a fast, collaborative, hands-on approach to accelerating your career, the Tech MBA is the right choice for you! 

 

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Build More Than Your Resume: Build Connections through Club Involvement!

Christy Kim is a MBA candidate at NYU Stern’s Andre Koo Tech MBA program, specializing in Business Analytics and Product Management. Prior to Stern, she worked at Deloitte Consulting, driving large-scale data and analytics transformations for clients across various industries. She additionally brings a background in product marketing, alliances, and tech sales and graduated from Duke University. At Stern, she serves as the VP Tech MBA – Business Analytics Club (BAC), VP Conferences & Flagship Events – Gaming & Esports Management Society (GEMS), AVP Events of Asian Business Society (ABS), and member – Stern Technology Association (STA).

You often hear that the greatest ROI of an MBA is the connections. There is no doubt that our fellow Tech MBA classmates are connections for life, but how do we assimilate into and build relationships with the greater Stern MBA community – especially when 2-year MBAs return in the fall? 

The short answer? Get involved in student clubs!

The long answer? Join a club, participate in opportunities to lead your peers, and grow your network while dialing into a business topic you’re passionate about.

Here is a quick ‘Stern MBA Clubs for Dummies’ on how to maximize your club experiences as a Tech MBA student:

PICK A CLUB. ANY CLUB.

As early as orientation, you will have the opportunity (i.e. virtual Club Expo) to explore the 40+ clubs at Stern and express initial interest for follow up/kickoff in the fall:

  1. Professional clubs (e.g. Stern Technology Association, Business Analytics Club) help you navigate industries and prepare for recruiting 
  2. Affinity, sports, & special interest clubs (e.g. Adventures Club, Asian Business Society) give you an opportunity to meet people with similar interests or explore new areas of interests
  3. Student Government (SGov) offers leadership opportunities to plan and execute school-wide events; for Tech MBAs, we have a dedicated role (SGov Tech MBA President – shoutout to Reggie Greathouse, our leader!) to serve as the liaison between 2-year MBA and Tech MBA students

With so many amazing club options, it was difficult to not join all! Maximizing involvement over quantity, I decided to join the following 4 clubs (if you have any questions regarding the clubs below, feel free to reach out):

  1. Business Analytics Club (BAC)
  2. Gaming & Esports Management Society (GEMS)
  3. Asian Business Society (ABS)
  4. Stern Technology Association (STA)

GET INVOLVED: BECOME A MEMBER, ALLY, OR EVEN A LEADER.

In the beginning of the fall semester, clubs will conduct kickoffs where students can learn about the club as well as the membership options (e.g. member, ally) and leadership opportunities across the clubs’ verticals (e.g. Marketing, Finance, Events, Academic). For each vertical, Tech MBAs can run for 2 types of leadership positions:

  1. VP Position: Intended for 2nd year MBAs – including us, the Focused MBAs! A number of clubs have reserved leadership roles just for Tech MBA students (e.g. I am currently VP Tech MBA for Business Analytics Club).
  2. AVP Position: Intended to prepare 1st-year MBA students for leadership roles as a VP or President; it is recommended that Tech MBAs serve in this role with another 1st-year MBA student to ensure club continuity and transition into a VP role for the subsequent year.

I found that being a board member has been one of the most rewarding experiences in my MBA journey. It provides the opportunity to intimately collaborate with the 2-year and part-time MBA students as well as the alumni network. Whether it’s spontaneously grabbing dinner together after a board meeting or a scheduled karaoke night, it is an excellent way to develop deeper relationships with those outside of our Tech MBA cohort! 

From brunches to dinners to board game night to comic cons… infinite fun with Stern BAC, ABS, and GEMS board members.

 

GONE CLUBBING: ATTEND (OR RUN) THE CLUB EVENTS!

In the fall and spring, club events will be in full swing. All events are made available on NYU Stern CampusGroups, which serves as a fantastic platform to learn about the different types of events (e.g. social, academic, alumni) that a club will be hosting or has previously hosted. As a board member, you also get the opportunity to drive the club events! Over this past fall semester, I’ve had a chance to:

  • Co-lead the ‘Paramount Games Case Competition’ with fellow Tech MBA classmate, Nick Imbriglia, for Gaming & Esports Management Society (GEMS)
  • Plan the ‘Board Dinner & Korean Pocha Night’ as well as ‘End of Semester Rooftop Happy Hour’ for Asian Business Society (ABS)
  • Participate as a panelist for ‘Analytics 101’ session (led by fellow Tech MBA classmate, Cody Ipapo) and attend the ‘H&M Office Trek’ for Business Analytics Club (BAC)
Case competitions, knowledge management sessions, company treks, and even NYC Koreatown outings… club events cover all!

CHANCE OF A LIFETIME

In our accelerated 1-year Tech MBA program, the greater ROI potential comes at the expense of time. As I reflect on all the incredible student-driven events from this past fall semester, there is only one thing that I wish I could have done better: having further optimized my time to participate in everything I wanted to do! I am grateful for Stern’s seamless process for Tech MBAs to integrate into the 2-year and part-time MBA community through clubs and organizations. The onus is up to us to take full advantage of the available opportunities in the provided time frame.

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The Tech MBA vs. the Two-Year MBA

Zoish Pithawala is a current Tech MBA student, specializing in Tech Product Management. Prior to Stern, Zoish worked as a Solutions Architect focused on startups interested in using cloud technologies. Post-MBA, she plans to move into a technical product management role specifically focused on data analytics. 

 

 

 

 

When you say MBA, most people typically think of a traditional two year program, however there is a rising popularity in more specialized, accelerated programs like the Tech MBA. There is no one-size-fits-all approach to what program makes more sense for you, but there are some key differences to keep in mind as you evaluate these options. 

Curriculum 

NYU Stern’s Andre Koo Tech MBA program is a one year (May – May), 52 credit program. The Two Year Full-time MBA program runs over the span of two years (September – May) and students earn 60 credits to graduate. Both programs have the same selection of courses for electives, but with the Two Year MBA, you have the opportunity to take more elective classes and experiential courses since you have more credits to earn and more time. The core curriculum in the Tech MBA includes classes like Foundations of Networks and Mobile Systems and DevOps and Software Engineering, which are not typically offered in the Full Time MBA program. Both programs give students the opportunity to select up to 3 specializations from a list of over 25 options. The Tech MBA curriculum is catered towards specializations like Entrepreneurship and Innovation or Technical Product Management, however students can specialize in any of the available options.

For me personally, I felt like the curriculum in the Tech MBA fit my needs perfectly. There’s a great balance between the technical classes with the business core classes to give a good overview of everything. There are also more than enough elective credits where I felt like I could branch out and try electives that were really interesting to me. Some of the classes I found to be really interesting as part of the curriculum were Leadership, Tech Solutions, and Tech Product Management.

Class Profile

NYU Stern has a diverse student population throughout all their programs, but there are some differences in the class profile between the Tech MBA and Two Year MBA. The biggest difference is the size of the class. The Tech MBA has a smaller cohort of around 50 students, whereas the Two Year Full-time MBA has a class size of around 330 students. Amongst these students, the Tech MBA tends to have a higher average for years of work experience, with a majority of students coming from a STEM background. In contrast, the majority of students in the Two Year MBA have a background in business and prior work experience in various industries.

I love having a smaller cohort because it gives me the opportunity to really connect with everyone in the program and get to know each other really well. I find it’s also really valuable to have classmates with similar interests and backgrounds so we can work on projects together and discuss recruiting strategies for similar roles.

Internships 

The Two Year MBA gives students the opportunity for a summer internship in between their first and second year. This can be very beneficial for students pivoting to a new industry or students looking to gain work experience. Many prospective students choose to do an MBA program to gain new skills, and summer internships provide them with the opportunity to apply what they have learned. For most students, a full-time job offer is the ultimate goal of the MBA program and a good summer internship can often lead to a return offer with the company. Since the Tech MBA is an accelerated program, there is no time for a summer internship, but the valuable experiential course offerings throughout the year can help students build work experience through company project partnerships.

Personally, I enjoyed the Tech Solutions experiential course that is part of the Tech MBA curriculum. This gave me an opportunity to work with a large tech company on a semester-long project. This project helped me develop skills that would be incredibly useful for my future career and acted as an internship for my resume. 

Return on Investment 

MBA programs can be quite expensive, so everyone wants to maximize their investment. When looking at the numbers, the Tech MBA program has a lower cost of tuition compared to the Two Year MBA . Another large part of the equation is the amount of time you spend in the MBA program in lieu of working and earning a salary. While you will have a summer internship to make up some of the cost, you will be out of the workforce for two years with the Two Year MBA, whereas you are only out of the workforce for one year with the Tech MBA. 

With the tech industry changing so rapidly, it was really important to me to only be out of the workforce for one year. I wanted to be able to jump back into the workforce without feeling like I missed out. This way I would be getting the value of an MBA program without having to pause my career for too long.

There are a variety of different factors that play into the decision to apply to a specific MBA program and, for me, these were some of the most important factors when deciding on the Tech MBA. The ROI of a one year accelerated program aligned perfectly with my career goals and I valued having a smaller cohort with a background that aligned with the Tech industry. In the end, both the Tech MBA and the Two Year MBA are amazing programs, so it really comes down to what makes the most sense for you!

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A Day in the Life of a Tech MBA

Bárbara Argeri is a current Tech MBA student, specializing in Tech Product Management. Prior to Stern, Bárbara worked as a Product Strategy Manager at Mercado Libre in Brazil. Post-MBA, she plans to work as a Tech Product Manager. At Stern, she is involved in several student associations such as Stern Technology Association, Stern Women in Business, and Latin American Business Association. During her free time, she enjoys strolling around New York searching for new places, and spending time with her friends.

When I was learning more about different MBA programs, the content I liked the most was about the day in the life of an MBA student, since they provided me with a real sense of what life would be like. Because of this, I didn’t think twice when I was given the opportunity to write this blog!

7:30am: I wake up early for my classes. Since I live on the Upper East Side, I take a while longer to get to campus. I prepare some coffee, get something to eat, and head to the Q subway station on 72nd street. It is a 20-minute ride and I try to keep up with some of my favorite podcasts along the way.

8:45am: I arrive at Union Square. Although I could transfer to the R or W to arrive near Stern, I prefer to leave at Union Square and walk for 10 minutes to campus since the weather is nice. I pass by Washington Square Park and have one of those funny moments when I realize “Oh my God! I live in New York now.” I arrive just in time for my “Blockchain and Cryptocurrencies” class.

11:50am: Cryptocurrencies class was great. We talked about the regulations of crypto markets and possible impacts for the future. We had a speaker from one of the world’s biggest cryptocurrencies exchange platforms. It’s incredible to hear the perspective of someone who’s so actively inserted in the business.

12:00pm: Recruiting time! We have a corporate presentation of one of the companies I am most interested in working with. Time to better understand their culture, ask questions, and network with their employees. It’s so helpful to get to meet the recruiters in person and build relationships with them. And that’s much easier when they’re a few subway stops away. This allows me to meet so many different companies – and also visit their offices some times.

01:00pm: Time to grab a snack before meeting with one of my project groups. For this project, we are working as consultants for a color- analytics startup, which is very disrupting. We are helping them develop the wireframes of an app they are planning to launch. The pages are almost ready to be submitted to user testing. We’re excited to be working closely with the client on something that they are actually launching soon! This course is also a great opportunity to strengthen my Product Management skills since that’s the career I want to pursue after graduation.

03:00pm: Time to work on some homework and readings. As we approach the end of the semester, we have quite a few papers due. I like to go to the “Grad Lounge” for that, since my classmates usually hang out there, and you also get to meet different people. This time, one of the students associations left candy to support students during finals week. That has definitely given us a mood boost!

05:00pm: Done with the duties. Time to grab a coffee and something to eat and meet up with some friends that are around campus to chat and relax for a bit. We are discussing what the plans for this weekend we’ll be. A pot luck dinner maybe!?

06:00pm: Last stretch of the day – “Data Science for Business” class. Today, we learned about language models that are developed to identify and filter possible spam emails. It’s so interesting to learn about the methodology and discuss possible variables and impacts. This class is great to help you understand data mining concepts and prepare you to speak with data scientists.

09:00pm: Class is over! Time to meet with my husband and grab something to eat around campus before heading home. What a long day. Nothing better than watching an episode of my favorite series and going to bed.