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Moore’s Law & the Tech MBA

Nicholas Imbriglia is a Tech MBA candidate specializing in Tech Product Management and Sustainable Business & Innovation. Prior to Stern, Nicholas worked as an engineer and engineering manager at companies such as Siemens, athenahealth, and Intel. He is passionate about technology’s ability to improve lives and, upon graduation, plans to return to the tech workforce to help deliver novel solutions with a positive impact for society.

Moore’s Law (admittedly, more of an observation than a law of nature…) states that the number of transistors that can be fit onto a microprocessor doubles about every two years. Every 18 months, if we’re being technical. And we ARE being technical. This is the Tech MBA, after all! But nitpicking aside, Mr. Gordon Moore’s famous doctrine is meant to illustrate just how fast technology can progress in a short period of time.

I didn’t want to play catch up

It was this thought that was going through my head as I considered my options for business school. After over 10 years of working in technical roles, ranging from semiconductor development to healthcare SAAS products, the prospect of going back to school for two years seemed excessive… extravagant, even. Especially for someone old enough to remember using floppy disks and playing with tamagotchis (look them up). And with the way things move in tech, I wondered if I wouldn’t be falling behind while getting my MBA. Could I afford to be out of the tech scene, not to mention without a salary, for such a length of time? Would I be playing catch up when I returned? As someone who planned on going straight back to the tech industry after business school, there were parts of me that wondered if it was worth it, both from a financial and a developmental point of view. 

Beyond the standard

That’s where the Stern Tech MBA really shone through for me. I’ll admit, when I first started researching NYU Stern, I didn’t even know they had a focused, one year MBA program. When I found information about it on the Stern website, I recall thinking “huh, that’s interesting,” and quickly brushing it aside. At first blush, it seemed too different. It deviated too much from what I considered the “standard business school” experience. But as I went through the application process (at Stern and elsewhere) and the reality of two years out of the workforce hit me, I realized I didn’t want the standard. In fact, I wanted a program catered more towards the tech industry, with an immersive curriculum, a quicker turnaround, and a superior ROI. And that’s exactly what Stern’s Tech MBA offered. When the moment of truth came on my Stern application, I selected the one year program and never looked back.

Staying in the game

And, in many ways, it’s not just the shorter program length that ensures you are “back in the industry” quicker. If anything, the Tech MBA curriculum ensures you are at the cutting edge of it. Regular visits to tech offices (Google, Uber, and Pfizer to name a few) and guest speakers from a range of tech fields (fintech, healthcare, smart cities, Web3, etc.) guarantee you have your finger firmly on the pulse of the tech scene in New York. NYU also has a history of offering classes that focus on the newest trends in technology and business. Many of my classmates are taking electives on blockchain and extended reality. I myself am enrolled in a renewable energy markets course.

So, with all that in mind, I was able to rest easy with my decision to enroll in the Stern Tech MBA. The focused experience has been an enlightening one so far and our cohort has been having a truly wonderful time. The irony of it all may be that, come graduation in May, we won’t want it to end. But when we wrap up our one year and enter back out into the wider working world, we will do so armed with new tools and insights, ready to supercharge our careers after a fraction of the time of a traditional business school offering. After all, Moore’s Law waits for no one.

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Immersion Programming in the Tech MBA

Kaitlyn Murdock is a Tech MBA candidate, specializing in Healthcare & Strategy. Prior to Stern, she worked at Deloitte, supporting strategy and analytics engagements for Life Sciences & Health Care clients. Kaitlyn is passionate about improving care outcomes for patients with technology and data. 

 

 

 

The Tech MBA is an incredible opportunity that packs all the classes a traditional 2-year student would take into 12 months. When evaluating MBA programs, one major reservation I had about the Tech MBA is the lack of a summer internship. However, the curriculum and programming is designed in a way that exposes students to many companies around New York City, setting us up to build our network and transition into a post MBA role. One of the hallmark classes of the program is the NYC Tech Immersion course, an all-day, once a week class during the summer. The NYC Tech Immersion consists of two main parts: 

  1. A real-life consulting project for a New York-based company, and
  2. Guest speakers and company site visits 

In today’s post, I’ll focus on the latter. Over the summer, our class heard from product managers and professionals in Digital Health, FinTech, EduTech, and more, and had the opportunity to visit the offices of Google and Uber. 

NYC Tech Landscape

In our very first session, professor J.P. Eggers gave an overview of the New York tech scene. He explained how a successful startup ecosystem requires strong talent (universities), desirable employers (to retain that talent), and sources of funding. Over the last decade, New York’s tech and start-up scene has boomed. It’s a very exciting time to attend school in such an active ecosystem. Hearing from guest speakers like Andrew Chang and Christophe Gillet helped me better understand what New York has to offer and how to break into the start-up scene.

Understanding Tech Trends

By speaking with experts in the industry, we got a glimpse into which emerging technologies businesses really care about. Given the technology landscape changes daily, it’s important to stay current and be able to speak to technology trends in interviews. Joshua Ness from Verizon’s 5G Labs explained the history and importance of 5G-enabled distributed computing and its relation to Web3 technologies. As technology progresses, public policy does too; in another session we had Mike Posner and Paul Barrett from the Center for Business and Human Rights speak about ethics and the responsibilities of a tech company to protect its users.

Networking & Company Culture

Each guest speaker offered a valuable chance to connect with someone in the industry. In addition to visiting Google and Uber, we had guests from Amazon, Goldman Sachs, Facebook, Pinterest, Skillshare, and BCG to name a few. Each guest was willing to chat with students to offer advice and be a resource in the future. These sessions also provided a ‘peek behind the curtain’, giving our class a better understanding of the operations and culture of each business. 

Drawing Connections 

In hindsight, perhaps the most valuable part of our Tech Immersion programming was the ability to draw connections with our other summer classes. We went through a real-life marketing case for Skillshare’s rebranding, and applied what we learned in Entrepreneurship to give a mock pitch to a speaker from Goldman Sachs’ incubator, GS Accelerate. Fitz Maro, a specialist in Design Technology at Amazon, taught us how to make better decisions as a leader, reinforcing what we learned in our Leadership course. We also had the opportunity to utilize the skills we developed in our Strategy course to a case on Uber’s product expansion. Making these connections across courses enriches the MBA experience and helps us appreciate the value of what we learn.

I LOVED our NYC Tech Immersion class. Many of my peers connected with our speakers on a personal and professional level. For me personally, our session with Dr. Sarah Zweifach, AliveCor product manager, illuminated that joining a mid-size digital health startup could be an exciting career path. I’m currently pursuing part-time internships in this space. 

This class was a fantastic way to get to know New York’s tech landscape and is just one of many reasons to pursue the Tech MBA at Stern!

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Entrepreneurship at Stern

Stern offers a wide range of entrepreneurship opportunities. Whether you are looking to start your own company or join an existing startup as an early employee or cofounder, Stern has resources to help you achieve your goals. This post will explore some of the amazing centers, programs, and classes that Stern entrepreneurs can take advantage of during their time in business school.

Leslie E Lab
The Leslie Entrepreneurs Lab is a physical building in the heart of the Washington Square campus where aspiring NYU entrepreneurs from across all of NYU’s schools and colleges can meet to connect, collaborate, and tap into a vast array of resources to help develop their ideas and inventions into startup companies. Anyone currently at NYU can take advantage of the resources offered by the Leslie eLab, so it serves as a great place to meet current NYU students, faculty, researchers, and staff. In response to COVID-19, the eLab held virtual programming, workshops, and social events to help the NYU entrepreneurship community thrive during challenging times.

Berkley Center for Entrepreneurship
The Berkley Center for Entrepreneurship is a venture design studio within NYU Stern School of Business. The Berkley Center for Entrepreneurship exists to help foster entrepreneurship at Stern and provide support as entrepreneurs navigate the many challenges their new ventures encounter. The Center provides startup accelerator programs, mentoring, workshops and technical assistance, all designed to provide NYU students, alumni, faculty and staff with the skills and resources needed to discover and execute bold new ideas. The team members at the Berkley Center provide general advising services in addition to helping founders connect with subject matter experts in various functional areas such as branding, customer strategy, legal, prototyping, etc. The Berkley Center also hosts the Entrepreneurship Challenge and Stern Venture Fellows program.

Entrepreneurship and Startup Association (ESA)
ESA is a student-run organization with the mission to empower its members through unparalleled access to NYC’s vibrant entrepreneurial community. ESA provides education and information on the entrepreneurial resources available to Stern MBAs. By empowering and educating its members, ESA aims to position Stern as the broader NYU community’s hub for entrepreneurial activity.

Classes
Foundations of Entrepreneurship: This class is designed to increase the chances of entrepreneurial success by helping aspiring founders or startup employees identify and thus avoid a range of dilemmas all startups face. To do so, this class provides a broad introduction and overview of entrepreneurship based on a range of teaching methods including: academic research, cases, empirical data, videos, and guest speakers.

Managing the Growing Company: This course exposes students to the unique challenges of managing the growth of small businesses. It concentrates on building the company issues rather than start-up issues, although some cases and lectures explore start-ups as well. Included are studies of family businesses that have acute growth issues because of succession and family dynamics. It is designed for students interested in understanding the opportunities and problems involved in the management or operation of their own business, and it is also aimed at students considering employment in a small or midsized firm.

Endless Frontier Labs: Students will learn about the process of successfully taking new ventures to markets, including aspects related to development, management, and financing of ventures. The course will be centered on student observations of the interactions of startup founders & their potential investors. After familiarizing themselves with the startups’ ideas, students will apply basic analytical tools, drawn from management, econ, and finance to evaluate the size of markets, attractiveness of industries, financing options of early-stage ventures, sustainable competitive advantage of proposed strategies, and the risks and potential of ideas. Along with the experiential component, the course will introduce students to a framework for developing an entrepreneurial strategy.

If you are interested in a dynamic startup ecosystem with the resources, faculty, and alumni to help guide your experience, NYU Stern is a great place to begin or continue your entrepreneurship journey.

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West Coast Immersion

This past year has flown by, and it’s hard to believe we’re already almost halfway through our final semester at Stern, and graduation is only a few short months away. The January West Coast Tech Immersion was a great way to kick it off too.

Over winter break, we spent two weeks in Seattle and San Francisco exploring the tech space there, visiting all kinds of companies. It was a wonderful opportunity to get a better understanding of each company’s role in the tech ecosystem, and how they were leveraging it to drive innovation within their organization. It was also great to connect with Stern alumni at each of these companies and learning about their experiences in their roles and living in each of these cities.

We kicked the trip off in Seattle with a visit to Amazon, where we toured their campus and learned about their most innovative projects. It was interesting to learn about these initiatives, and to connect with Stern alums currently working there, and hear about the different projects they were working on, and how much they enjoyed living in Seattle.

Another highlight of the Seattle portion of the trip was visiting Microsoft’s campus in Redmond. Like Amazon, we spent the day touring the campus and later talking to Microsoft senior management about their latest projects. We also had the opportunity to meet Jeff Teper in person, Corporate VP at Microsoft, NYU Stern alum, and member of the Tech MBA Advisory Board.

The rest of the week was definitely packed with more visits and meetings with Boeing’s Horizon X division, the Create 33 entrepreneurship center, networking event with Stern alums, and catching up and reconnecting with classmates about their winter breaks and all the places they traveled before arriving in Seattle.

After an action-packed week in Seattle, we all flew to San Francisco, where another busy week awaited us. We started off with a corporate visit to Salesforce downtown and met with representatives who shared what services the company provided, and success stories of some of their clients. The next day, we visited Oracle and PayPal, explored their offices, and learned about how they help their clients, and what new projects they’ve been working on. Given my specific interest in fintech, I was particularly excited about visiting PayPal and learned so much about the company during the visit.

Our last day in San Francisco couldn’t have been better. We first met with David Ko, President and COO of Rally Health and also a member of the Tech MBA Advisory Board, and learned about his experience as a startup founder and his career trajectory. His story was truly inspiring and we all thoroughly enjoyed having the opportunity to meet him and connect with him. We then visited Google’s offices, another company visit many of us were very much looking forward to. There, we met with Google employees from many different divisions, from AdWords to Waymo, and learned firsthand about their different projects and how they fit within the larger organization.

Overall, the Tech Immersion Trek was a great trip and provided an incredible opportunity to explore these cities, learn more about the different companies we visited, and reconnect with fellow classmates. It is definitely one of the highlights of the program for me so far, and I loved every minute of it!

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And So It Begins

I can’t believe the summer semester has already ended and we’ve begun fall classes! These past few months have definitely been a blur and so much has been going on. While we’ve had many challenging classes, we have also had so many opportunities to explore New York, get to know our classmates better (and create lifelong friendships), and explore the tech space throughout the summer.

One of my favorite parts about our summer classes was the tech immersion. This class was more practical than our other classes and included company visits, workshops and presentations from industry experts, and our immersion project (which this year was in partnership with Verizon). In the tech immersion, we had the opportunity to visit and network with companies such as Union Square Ventures, Deloitte Digital, Uber, JPMorgan, and Nestio, and to learn from and connect with experts on topics such as cyber security, data visualization, UX/UI and many more. I am so thankful to have had these incredible opportunities to learn and connect with experts and professionals in these spaces and learn from each of them.

I learned more about topics I hadn’t had much exposure to before Stern, and that helped me discover different companies and potential opportunities that I perhaps wouldn’t have considered before. These company visits and workshops with experts were invaluable resources to better understand the industry, an incredible opportunity to connect with industry leaders and to connect what we learn in the classroom to the real world and to see what the broader NYC tech sector was like, and each company’s role or position within it.

It was amazing to have the opportunity to explore how these companies are leading innovation and creating value, and understand how companies such as Deloitte, Uber, and Verizon are leveraging AI, 5G, machine learning, big data and more to create business value, provide better products and services, automate processes, and generate valuable insights to generate efficiencies, increase productivity, and contribute to an organization and the tech ecosystem in general.

The workshops and presentations by experts were also tremendously valuable, because even if you weren’t particularly interested in the topic beforehand, the sessions were so compelling and insightful that everyone certainly got a lot of use from each of them. Furthermore, they were on varied topics from UX/UI and data visualization, to cybersecurity and ethics in tech. While you may not specifically work in any of these areas upon graduating, they are all extremely relevant and important areas in tech that will undoubtedly affect each one of us personally and professionally, no matter what industry or role you end up in.

This is just a glimpse of what the summer was like for Tech MBAs, there’s so much more to it! I learned more than I ever thought I even could during the summer, and am excited to see what the fall semester will bring!

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NYU and NYC Opportunities Galore

One of my many reasons to choose the Tech MBA program was the immersive opportunities the program offered. Over the summer, I visited over ten companies ranging from the prominent Union Square Ventures and Deloitte Digital Consulting to the digital arm of the massive JPMorgan Chase and unicorn IPOs such as Uber. I also had the opportunity to chat with the founders of Handy and real estate startup Nestio and visit the NYU accelerators buzzing with innovation.

These immersive experiences have given me a better sense of the opportunities available to me at the intersection of business and technology, provided me with a network of alumni and professionals to seek guidance from and have given me a better understanding of which companies have cultures that aligned with my values.

The VC focused sessions were among my favorites, in particular, the one at the Union Square Ventures, a leading venture capital firm based in New York. We attended a speaker session, led by Albert Wenger, who is a partner at the firm. Dr. Wenger is a serial entrepreneur and was the president of del.icio.us, a USV backed bookmarking service and is also a board member of companies such as Twilio, MongoDB, and Clarifai. It was fascinating to listen to his experiences in the industry and about his thoughts on universal basic income. It was interesting to learn about USV’s thesis-driven investing and how their commitment has changed focus over the years from application layers of the internet and network effect companies to decentralized blockchain-focused technologies and brands that broaden access to knowledge, capital, and well-being. He explained about the network effects on the B2B side by discussing an interesting company in his portfolio, Sift Science, that uses machine learning to detect and prevent online fraud and abuse. Following that was a stimulating discussion about his book, “The World After Capital,” and how he envisions the potential of blockchain methodology and cryptocurrency to move money creation to the individual level to offer a universal basic income (UBI).

I came into this program not entirely knowing what to expect. I had anticipated that my interests would lie at the intersection of business and technology and was fully expecting my options to be limited to a few career opportunities. Now that I have embarked on this journey and after completing my first four months, I can confidently say that this program has opened my eyes to the multitude of opportunities that NYC and NYU can provide.