Rochester Institute of Technology (RIT)
Master of Science in Product Development
Rochester, USA
MSc
DURATION
2 years
LANGUAGES
English
PACE
Full time, Part time
APPLICATION DEADLINE
EARLIEST START DATE
TUITION FEES
USD 41,424 / per year *
STUDY FORMAT
Blended, Distance Learning
* $41,424 - $54,974 | based on credits taken
Key Summary
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The master of science in product development is a leadership program for experienced engineers and technical specialists who aspire to high-level positions associated with product innovation. The program integrates business and engineering management courses, delivering them online or on-campus where students continue to work while taking classes.
New products and services are the lifeblood of today's high technology firms, and companies need more technically grounded leaders to drive the engine for business growth. The MS in product development integrates business and engineering courses consistent with cross-functional, end-to-end product development, and the systems perspective critical to conceive, create, launch, and support today’s complex product portfolios. Participants acquire the foundation skills and strategic perspective necessary to become future leaders and senior managers responsible for driving business growth through new products and services. In short, the product development program prepares today’s technical experts for successful careers as project leaders and technically grounded senior managers of their enterprises.
To stay on the cutting edge, the program was designed by academic and industry leaders to integrate formal education with state-of-the-art research and best practices from the industry. It includes a year-long capstone project that generates significant return-on-investment to sponsoring organizations. Electives and the capstone project provide flexibility to tailor the program's content to specific learning objectives of students and sponsoring organizations. The program is offered fully online or as a blend of online and on-campus courses. Students may start any term (fall, spring, summer) and complete courses at their own pace.
Sponsorship
Most students are sponsored by an employer who is committed to improving leadership capabilities in product development. Sponsorship includes financial support and a commitment to work with the student to provide clear expectations and a well-articulated career development plan that builds upon the program. Candidates are welcome to sponsor themselves.
RIT awards more than $37 million in merit scholarships and assistantships to graduate students each year. Scholarship awards range from 5% of tuition all the way up to full tuition. Awards are based on an applicant's academic excellence. Many things are considered when awarding scholarships - undergraduate grades, graduate placement test scores, and your research and work experience all factor in.
Graduate assistantships are offered to full-time matriculated graduate students to serve as teaching, research, or administrative assistants. Graduate Assistants receive wages (determined by the department making the appointment) in exchange for work performed. Many graduate assistants also receive tuition remission (i.e., tuition support) in addition to receiving wages for assistantship duties.
Graduate students can be awarded both scholarships and assistantships. These funding opportunities are the same for both US and international applicants.
RIT awards more than $30 million in merit scholarships and assistantships to graduate students each year. Scholarship awards range from 10% - 40% of tuition. Our median scholarship amount is around 30% of tuition or $13,000. Awards are based on an applicant's academic excellence. Many things are considered when awarding scholarships - undergraduate grades, graduate placement test scores, and your research and work experience all factor in.
Graduate assistantships are offered to full-time matriculated graduate students to serve as teaching, research, or administrative assistants. Graduate Assistants receive wages (determined by the department making the appointment) in exchange for work performed. Many graduate assistants also receive tuition remission (i.e., tuition support) in addition to receiving wages for assistantship duties.
Graduate students can be awarded both scholarships and assistantships. These funding opportunities are the same for both US and international applicants.
Optional Co-Op
Cooperative education is paid work assignments with corporations and organizations around the U.S. and abroad. Co-op allows students to spend one or more semesters employed in a full-time, paid position related to their academic program before they graduate. Many students use co-op earnings to help finance their education.
Work-Study
Graduate students studying full-time may apply to work part-time on campus. RIT has more than 9,000 jobs available yearly, and students typically work 10 – 20 hours per week. International students studying on an F-1 or J-1 visa may work up to 20 hours per week on campus and 40 hours during break periods.
Product development, MS degree
- ISEE-781 Excellence in New Product Development
- ISEE-771 Engineering of Systems I
- ISEE-772 Engineering of Systems II
- ISEE-751 Decision and Risk-Benefit Analysis
- Choose one of the following:
- ISEE-750 Systems and Project Management (summer)
- BUSI-710 Project Management
- ISEE-750 Systems and Project Management (summer)
- BUSI-710 Project Management
- ACCT-603 Accounting for Decision Makers (summer)
- MKTG-761 Marketing Concepts and Commercialization
- DECS-743 Operations and Supply Chain Management
- ISEE-798 MPD Capstone II
- Engineering or Business Elective
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