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.

 

 

 

 

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.

Joining the Tech MBA as an International Student

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. 

 

In May 2022, the day finally arrived. I loaded my suitcases onto the luggage belt in Frankfurt, Germany and got on the plane to start a new chapter of my life – the Tech MBA at NYU Stern in my favourite place, New York City. 6179 kilometres away from my hometown in Germany. 

Moving to New York for the Tech MBA can come with a few unique challenges especially for international students. But once those are overcome, it gives you the opportunity to have an amazing experience that you wouldn’t get at home! To make the transition a bit easier, I’ll give some insights on my personal experience during the last 7 months.   

Finding a NYC family to celebrate holidays with is amazing

After you have found a place to live in New York, you obviously should make sure that you feel at home in the city. An especially lonely time for international students can be the holiday season, especially if you usually spend this time with your family at home. 

Fortunately, your NYU community will have you covered. My most favourite experience during the last few weeks especially leading up to our Thanksgiving break was celebrating “Friendsgiving” with the Tech MBA class (see picture below). Even though your family might not be there for the holidays, you’ll be able to celebrate with your classmates and especially with your international classmates – more than half of the Tech MBA students are from abroad so you will have friends who are in the same boat as you and will be able to support you.

 

 

 

 

 

 

 

 

 

 

Early visa application is everything

Especially international students should ensure to start preparing early on as there are a few things to look out for. One of the major processes you’ll have to go through is the visa application process, which varies based on your home country. One amazing resource NYU provides is NYU’s Office of Global Services (OGS). Even before you’ve officially started your MBA, OGS is by your side and will provide you with step-by-step guidance for the visa application, and can even take 1:1 meetings for specific questions. The process can take up to several months, so it is highly recommended to start applying for your visa as early as possible after being admitted. Further things to read up on are US health insurance and work authorization – here again the OGS provides a lot of material to read up on and assists with personal advice. 

Finding a home in the city from abroad might be challenging

Finding an apartment while living in New York can already be challenging – from abroad, with a potential time difference, it might be even harder. Thus, I can recommend two different but very effective strategies on how to pursue the apartment hunt for internationals.

1) Rent a sublet until the end of May to ensure you’re covered but have enough time to look at apartments in person. A lot of international students choose this way to find an apartment to make sure their new apartment is exactly as it’s advertised and to allow a stress-free move from their home country to the US. Since the full MBA experience anyways requires you to rent a place for 13 months (beginning of May Year 1 to end of May year 2), this can be a great way to rent an apartment with a regular NYC contract that runs for 12 months.

2) You can rent an apartment from abroad, but it’s helpful to have a friend go check out the apartment first. It’s important to do your due diligence and rely on the current MBA students to guide you through the process! Stern will send out a spreadsheet that can help you find a roommate in the program, and you can even rent apartments from graduating students.

Perks of having a large international community: International potlucks!

And last but not least – while it can be a bit more challenging to come to NYU as an international student, there are also amazing perks that come with it. The most important aspect for me is that you get to meet classmates from all over the world with different backgrounds. In our case, our full class benefited from all our differences, and we enjoy discussing different cultural backgrounds and learning from each other. One great way to learn about one another obviously is food! We regularly have international potlucks within our class, where everyone brings a dish from their home country and we have a delicious meal together. In the picture below you can see a few of the national dishes from our current Tech MBA class – Brazilian cheese bread, German cheese pasta, French apple pie, Austrian pancakes, Ukrainian pancakes & fish, Brazilian chocolate cake and of course Indian Samosas!

 

 

Advice on Moving to NYC from the Perspective of an International Student

Ok, so you’ve got your Stern admission letter and your F1 visa and you’re finally ready to move to New York City! Since you’ve never met anyone from New York who didn’t think this was the best city on earth, you’re feeling pretty good about the move. But if you are still wondering what to expect, this post is for you. It covers what I’ve learned in my first 3 months here as a Frenchman, tips on how to successfully transition as a non-American, and odd things I’ve noticed.

A bit about me-

My name is Luc, I grew up near Paris, lived for a year in Houston before college, studied for 3 years in Montreal for my bachelor’s, and I had been working in Shanghai for 9 years prior to coming to Stern. My background is entrepreneurship: 8 years of early stage tech startups, 5 as founder/ceo, followed by some consulting. My experience with NYC was close to none before I moved here 4 months ago.

Apartment hunting-

Units are usually available right away so you can find an apartment in the 2 weeks leading up to your move-in date (it took me 5 days). There are a few online platforms recommended by NYU when it comes to looking for an apartment. If you’re going to use Facebook housing groups, I recommend doing background checks before you sign anything (I dodged a scammer on a Facebook group by doing a reverse Google image search of the photos on the listing). It showed me that the NYC apartment I had selected was also listed in Paris … no wonder the “landlord” didn’t want to turn on her video when we talked!

In my case, StreetEasy got me there and I recommend using this instead. Word of caution if, like me, you are booking your apartment after a virtual visit: video tours are not the same as in person. You cannot control what is shown or get an accurate sense of the size, the view, the noise, etc. So ask if you can commit for only 3 months with the option to extend at the same rate for the rest of the year. The market has gone way down since COVID, so the landlord might agree. My apartment ended up having zero natural light and I was glad to have the option to move out after 3 months. Note that most listed apartments are not furnished, but if you message the agents on the website they might have other unlisted apartments available that are furnished, or have available furniture in storage to give you. In my case, the agent provided me with a bed and a sofa free of charge and I bought the other cheaper furniture on my own. Another option is to rent furniture: you can get a good bed and sofa for as low as $100/month if signing for 12 months (e.g. livefeather.com, cort.com, casaone.com and others).

Where to live-

There are a lot of differing opinions on the topic. A lot of my classmates live in the West Village and everyone loves it. It feels a bit more European and there are a lot of good spots, but it’s a bit pricey. The East Village and Lower East Side are great options as well (I live on the border of the two). The area is a bit more grungy in my opinion, but has lots of great bars and restaurants. If you don’t mind the commute I’m a big fan of Brooklyn (Fort Greene, Boerum Hill, Cobble Hill, Prospect Heights, Greenpoint, Williamsburg): I like the smaller buildings, the sense of community I get walking its streets, and the welcoming and unpretentious vibe. I also have a classmate who lives in Jersey City right across the river with a beautiful view of the Hudson River, and it takes him just 20 minutes to get to campus.

Hudson & Perry St – West Village

Services-

Once you have your place you’re going to have to figure out a data plan, internet, utilities, and a bank.

Phone plan: Assuming you already have a phone, the best value I found is AT&T’s 12-month prepaid plan, at $25/month + tax for 8GB of data. There’s a catch though: it’s available only online and you need to already have a US phone number to order… your US number…. I was tricked into paying for a 1 month plan at a physical store just so I could order the prepaid 12-month plan online. If I were to do it again, I would get a temporary Skype US number and use that to order instead.

Internet: In theory there are two options, Verizon FiOS and Spectrum. But they cover different areas of NYC so you end up being forced to subscribe to the available supplier for your apartment. You can use your NYU email to get 2 months free with Spectrum, but then it’s $55/month for wifi for the first year and $70 after that. Although I’m told you can call back at the end of the year to get the ‘new customer’ discount again.

Utilities: Another monopoly. I hope your activation on ConEdison’s website goes smoothly as they’re difficult to reach via phone. Your landlord or agent should tell you what you need to do for utilities.

Bank: I pre-opened an HSBC account from abroad (not available in some countries like China so you’ll have to check) and then applied in-person for their credit card when I arrived. You’ll want to get a credit card because it allows you to build your credit history (without which it’ll be hard to finance anything in the US), and because it’s the only type of card that works in all situations, 100% of the time (for some reason my debit cards are a hit or miss). Until I had my credit card, I used Revolut, which offers free payments and free currency conversions. Note that if you’re using an international card and the POS machine or ATM asks for a zip code, enter 00000.

Transportation-

Most people I’ve met like to walk. If that‘s the case for you, you’ll have a great time here. I don’t like walking much, so I’ve explored different options:

Options:

  1. Metro & buses: $2.75 a ride, but you can transfer for free (e.g. metro to bus). There’s no need to buy MetroCards as you can tap your credit card to enter the station. Public transportation will take you anywhere, but it will take time: I find that I tend to have to wait for the next train or bus, and there’s still walking to be done when you arrive at your destination. 
  2. Revel: $1 unlock fee + $0.49 per minute. I love Revel as I used to ride an electric moped every day in Shanghai. These are particularly fast and good. The downside is that it’s relatively expensive (my rides have been $8-10) and you might spend a few minutes looking for a legal spot to park. They accept international driving licenses. The mopeds have a phone holder built-in which is super convenient for using google map. I heard that Revel is starting to rent out electric bicycles for $100 a month as well.
  3. Citi Bike: $3.50 a ride. Good if you can find an electric one, bad if you can’t: the bikes are super heavy and slow. You can book those directly from the Lyft app, too. I’m told that there are subscription plans available if you like City Bike.
  4. Uber/Lyft: More comfortable and expensive. Good to get back home after a night out.

My personal recommendation:
Buy an electric scooter or electric longboard for as low as $350 (or a bicycle). My longboard takes me to most places in 10 minutes. I can take it on the metro or on top of a Revel if I’m going far so it combines well with other forms of transportation. You can even ride across the bridges to Brooklyn. Getting a scooter is both safer and more comfortable than skateboarding because the roads in NYC are quite bad (rough pavement with bumps, iron railings, and holes), especially the bike lanes! Then use Revel when it’s nice out!

A girl on a Revel enjoying the breeze. She’s probably thinking something along the lines of “four wheels move the body, two wheels move the soul.”

Odd things I’ve noticed-
Dogs: (NYC) Americans love dogs. I mean LOVE dogs. I mean you’ll go to some dinners where people will spend a full hour talking about their dogs. If you’re taking a class on Zoom and someone’s dog enters the field of view, the class will stop until classmates and instructors are done commenting on how cute that dog is (and yes, all of the dogs are cute).

Prices: Don’t trust them. All the prices you’re given here are deflated. You’ll need to add taxes, and tips if it’s food or drinks. A typical restaurant bill is 30% higher than previously stated. You might need a calculator to figure out the tip, usually 18-20% of the pre-tax amount given.

Messaging apps: Not everyone uses the same messaging app. Most people have iPhones and use iMessage so they may not use WhatsApp. Regular SMS, Facebook messenger, Signal, and Discord might also be used to communicate with different people. This was odd to me given how everyone uses WeChat in China no matter what phone they have.

Cash: It’s still a thing here. Even coins. Actually, your laundry might not be inside your apartment, so you’ll need to go to your bank to get lots and lots of quarters to operate the machines in your building or at your nearest laundromat. Many smaller businesses refuse credit cards until you reach a certain $ minimum, and I haven’t seen mobile payments being used here yet.

Note that as a result, it takes a lot of time to pay at a restaurant. So instead everyone paying, what happens is 1) only 1 person at the table pays for everyone (yay, credit card points!). 2) Another person usually volunteers to divide up the amounts, goes back home and uses a spreadsheet to proportionally divide the tax and tip, and texts everyone how much they owe. Then 3) you’ll have to download Venmo and link it to your US bank account to pay that first person back. Teamwork.

actual split bill I’ve gotten

 

I hope this was helpful to get you situated in NYC and that you’re excited; this is going to be a fun ride. Please reach out to me with any questions at mbaga@stern.nyu.edu.