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Management of Technology

The Master in Management of Technology
Requirements
Program of Study
Course Descriptions


The Master in Management of Technology

The master program in Management of Technology at BUonline U's focuses on integrating four key components into a curriculum.
The Four Components are:

  1. Courses in state-of-the-art technology. Taken from a variety of engineering disciplines, technology courses, with an emphasis on advanced and emerging technologies, make up approximately half of the curriculum.
  2. Business courses, the remaining half of the curriculum, cover vital aspects of successfully deploying modern technology.
  3. Seminars given by key technology executives. These seminars explore the current state of practice in the management of technology and the vision driving that practice.
  4. Extensive student interaction. Through interaction, students develop an ongoing business network, leadership skills and the foundation for good teamwork.

The Master's in Management of Technology Program is dedicated to training engineers and scientists for leadership in the management of technology-based organizations. Program includes a comprehensive set of management and technical courses that teach how to apply management concepts in high technology industries.

Since this program is directed specifically to professionals, courses are only held on Saturday and Sunday twice a month for nine months. Students who take courses one day each course weekend need to complete five courses a year; students who take courses two days each course weekend need to complete ten courses.

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Requirements

A total of twenty (20) courses must be completed from the following categories:

REQUIRED COURSES (all 11 must be taken)

MTC5510 Systems
MTC5530 Accounting
MTC5531 Engineering Economics (Micro and Macro)
MTC5532 Finance
MTC5550 Management Information Systems
MTC5555 Organizational Behavior and Design
MTC5560 Management of Technology
MTC5580 Statistics
MTC6680 Marketing Strategies
MTC6690 Operations Management
MTC6693 Product Design and Development


TECHNOLOGY ELECTIVES (students must select at least 6)

MTC5500 Computer Visualization
MTC5520 Computational Mathematics
MTC6600 Software Engineering
MTC6605 Expert Systems and Neural Networks
MTC6615 Telecommunications-Introduction to Networking
MTC6616 Telecommunications-Advanced Networking
MTC6617 Telecommunications Industry: Competitive Strategy
MTC6625 Photonics
MTC6640 Microelectronics
MTC6665 Advanced Materials
MTC6672 Modern Biotechnology
MTC6695 Robotics and Automation


OTHER ELECTIVES (students must select at least 3)
MTC5502 Corporate Ethics
MTC5557 Strategic Management of Innovation
MTC5559 Foundations of Teamwork and Leadership
MTC5565 Intellectual Property
MTC5570 Technology and Public Policy
MTC6660 Environmental Management
MTC6675 Technology Entrepreneurship
MTC6676 Technology Entrepreneurship Project
MTC6685 Business Policy
MTC6686 Negotiations
MTC6697 Concurrent and Simultaneous Engineering
MTC6699 Logistics

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Program of Study

The Master in Management of Technology requires a minimum of 20 specially designed courses. Both technology and business courses consist of 18 classroom hours. Three or four courses, plus seminars are planned for each term. There are three terms per year: fall, spring and summer. Courses meet every second weekend (six program weekends/term) and each course is taught for three hours per weekend. To meet degree requirements, students must complete a total of 20 courses. Course content for courses taken at other schools or universities will be evaluated for purpose of credit transfer. A maximum of 7 courses of the required 20 can receive transfer credits.

The course requirements are as follows:

Type

No of Courses

REQUIRED COURSES

11

TECHNOLOGY ELECTIVES

6

OTHER ELECTIVES

3

Total

20

BUonline's Master's program is a two year program. The first year is dedicated to completing the required courses, which exposes the student to a breadth of subjects and approaches, that provide fundamental business skills, technological knowledge, and organizational perspectives. Students are required to complete the required courses before taking courses in their technology courses.

During the second-year students build upon the foundation of the required courses by completing the technology courses requirement

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Course Descriptions

MTC5500: Computer Visualization
This course introduces the student to the role of visualization as a tool and critical dimension in the interpretation of scientific and engineering data. As computer modeling changes the way science is conducted by bringing high performance simulation capabilities onto the investigator's desktop, quick, efficient, and effective data presentation is an essential enhancement for model understanding and refinement.

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MTC5502: Corporate Ethics
The purpose of this course is two-fold: The first objective is to enable the student to recognize ethical challenges in the business environment with which he/she may be confronted as an employee, a manager, or a consumer. The second objective is to encourage critical thinking about the factors within the work environment and society that contribute to ethical dilemmas, thinking constructively about how these might be changed, and considering where the responsibility for each change rests. Thus, emphasis is on both the recognition and resolution of ethical conflicts.

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MTC5510: Systems (Operations Research)
This course is designed to make the student an informed consumer of systems modeling approaches and quantitative methods. Sufficient depth will be provided to allow students to understand new advances in systems thinking and modeling.

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MTC5520: Computational Mathematics (Applied Mathematical Methods)
This course provides a background in selected fundamental deterministic mathematical concepts, combining old and new applied mathematics to deal with emerging and existing technologies. Emphasis will be given to understanding the fundamental underlying concepts of the topics. Applications to areas included in the required and elective courses will provide a vehicle for learning.

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MTC5530: Accounting
This course provides engineering and technical managers with an introduction to accounting techniques, enabling them to understand, critique, and direct project evaluation.

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MTC5531: Engineering Economics (Micro and Macro Economics)
This course provides engineering executives with an understanding of the economics of the firm.

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MTC5532: Finance
This course will cover the process of obtaining and allocating capital. Capital structure, cost of capital, tools for allocating capital (discounted cash flow, economic value-added), measurements of financial performance, and the integration of financial and business strategy are the major topics to be covered.

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MTC5550: Management Information Systems
This course is designed to give a manager sound insights about the strengths and limitations of management information systems (MIS) and to provide the background for participating in the development and use of an effective MIS.

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MTC5555: Organizational Behavior And Design
The purpose of this course is to help the student understand basic issues in designing and managing organizations that will motivate people to perform effectively. The course will examine theories of work motivation -- especially for technical and professional personnel; methods of managerial influence and leadership styles; classic principles and emerging dynamic guidelines for designing organizational structures; and approaches to organizational change.

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MTC5557: Strategic Management of Innovation
This course will cover the management of innovation by considering both organizational and strategic factors that determine the successful outcomes of innovation. Innovation is not the same as technology, because we consider innovation to comprise at least technological, marketing, and service/manufacturing aspects. Furthermore we are only interested in viable innovations, i.e. product/service or process innovations that come with what economists call "rents".

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MTC5559: Foundations of Leadership and Teamwork
Topics include valuing differences, understanding the dynamics of influence, using power with integrity, the art of active listening, and maintaining balance between personal and professional life. The course, which is team taught by three faculty members, involves considerable opportunities for feedback from faculty and peers; it uses the classroom as a learning laboratory where in-class action is the basis for reflection and knowledge.

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MTC5560: Management of Technology
This course examines the technical and managerial challenges presented by emerging technologies. Particular consideration is given to the forces affecting the nature and rate of technological innovation and the managerial options available to both entrepreneurial and established organizations.

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MTC5565: Strategic Management of Intellectual Property
This course provides students with insight into the strategic management of intellectual property assets, with special emphasis on internal protection and management of these assets. The course also emphasizes alignment of intellectual property management with overall R&D strategy, the leverage of such properties to advance corporate development through off-balance sheet structures, marketing partnerships and alliances, joint ventures, and "spin-outs" of entrepreneurial ventures from the corporation. Though the course concentrates on research and general management of intellectual property, it also covers legal elements of intellectual property transactions. Through a mix of classroom lectures, readings, case analyses and projects, students will acquire a fundamental knowledge of how to manage patents, copyrights and trademarks to optimize their intrinsic value, as well as to drive an operation as a whole.

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MTC5570: Technology and Public Policy
This course will examine public policy issues that arise as a result of technological progress (e.g. nuclear power, the environment, and industrial policy), and will examine public policies that cross the professional path of any technologist (technology education, diversity, and scientific ethics). The goal is to gain insight into how technology policy is shaped, and to understand the balance required to foster a sense of public good in an ever-expanding technological economy. This course explores issues involving the role of technology in the economy and, more generally, in society.

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MTC5580: Statistics
This course provides an introduction to statistics. It presents a concise picture of the fundamentals of the mathematical theory of statistics and provides examples of how these ideas and results are applied in engineering practice.

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MTC6600: Software Engineering
This course provides insight into basic and illustrative aspects of how software is built, how it is used, and how it is treated in commercial transactions. It will review the basics of the software life cycle: requirements capture, specification, design, programming, verification/testing, and maintenance. Aspects of the software market concerning software standards, contracts, and intellectual property will be discussed with reference to emerging technology, commercial practice, and law. Other topics covered will include software problems ("bugs" and difficulties in the capture of requirements), standards (especially for formal languages and quality assurance), and contractual specifications (warranties and terms in commercial agreements).

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MTC6605: Expert Systems and Neural Networks
This course instructs students on the capabilities of current technology in knowledge-based expert systems, robotics, natural language, and machine learning. At the completion of the course students will be able to recognize what problems are appropriate for expert systems, and will be able to select an appropriate knowledge representation and reasoning method. This requires familiarity with the basic approaches to knowledge representation and inference such as rules, frames, and search, and the ability to use advanced programming tools ("expert system shells").

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MTC6615: Telecommunications-Introduction to Networking
This course is concerned with modern data networking technology. Topics include principles of data transmission such as multiplexing, modulations, and modems; and local area networks, wide area networks, protocols, design and performance.

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MTC6616: Telecommunications-Advanced Networking
This course is concerned with the telecommunications technology that we expect to see in the workplace over the next five years. Topics include an overview of packet switching and LANs; LAN interconnection; Ethernet and IP addressing; transport layer and application layer; modern circuit-switched networks and switches; wireless communication and mobile cellular; narrowband ISDN; and ATM.

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MTC6617: Telecommunications Industry: Competitive Strategy
The telecommunications industry is changing rapidly with profound implications for the quality of everyday life and the competitive position of firms in all industries. As yet, these implications are poorly understood by executives whose businesses will be affected by change in telecommunications. The telecommunications industry is overwhelmed by the degree of speed and change with which it must contend. This course is recommended for students interested in strategic management in the telecommunications industries and for those with an interest in strategic issues in high technology firms.

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MTC6625: Photonics
The photonics course provides a blend of fundamentals in the fast-moving area of photonics with their application to communication systems, high-technology applications and devices, and selected aspects of optical signal processing.

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MTC6630: Economies in the World Economy
The changing role of certain economies in the world economy is considered from a technological/economic perspective. What are the forces affecting the competitiveness of industry from a short and long run perspective? How does comparative advantage evolve over the development process and how does it generate the product cycle? The last part of the course will be concerned with policies for growth and competitiveness, macroeconomic policy, science and technology policy, and industrial policies. An appraisal of the characteristics of the post-industrial economy serves to integrate the diverse elements of the course.

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MTC6640: Microelectronics
The purpose of this course is to provide a basic understanding of the field of modern microelectronic devices and technology. It also covers the different design aspects that are involved in the realization of an integrated circuit. The course outlines the different building blocks used in VLSI circuits. It will provide insight into the performance-determining factors and limitations of state-of-the-art integrated circuits. The different design strategies and approaches such as full-custom, semi-custom, and application specific circuits will be discussed from a point of view of performance, price, and time-to-market considerations.

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MTC6660: Environmental Management
This course will provide an introduction and understanding of the history, science, technology, legal, regulatory, and decision processes in environmental management. The course will examine elements of environmental management including air, water. and land protection; environmental policies, laws, and programs; environmental assessment, audits and mitigation; social and economic considerations as well as the role of government, the media, and the public.

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MTC6665: Advanced Materials
Provides engineering managers with an understanding of the properties, technology, advantages, limitations, and future development of advanced materials, thereby enabling them to critique and evaluate proposed applications and markets. The four classes of advanced materials (Metallic Alloys and Compounds, Ceramics, Polymers, and Composites) will be discussed.

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MTC6672: Advances In Biochemical Engineering And Biotechnology
This course will provide a brief biological background, which will assist the student in understanding some of the jargon and the accomplishments that are taking place, leading to an understanding of the bioprocess challenges and providing the basis for evaluating some of the new commercial opportunities which will develop in this field.

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MTC6675: Technology Entrepreneurship
This course considers the multiple efforts required in taking a basic research finding and bringing a product based upon that finding to the marketplace. Student teams develop a business plan in the form of a proposal for venture capital, for a variety of potential technological innovations generally drawn from their own industries.

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MTC6676: Technology Entrepreneurship Project
This two-semester capstone course, conducted in collaboration with company sponsors, revolves around corporate-provided projects that meet a high-level technology-business challenge. Chosen projects require the integration of course principles learned throughout program. This capstone experience enables students to apply their course-based learning to real situations. Students work in teams supervised by an experienced faculty member to confront a real challenge, analyze realistic alternatives and develop management action strategies. The course focuses on the recognition of technology and business opportunities, the assessment of global competitive market factors, return on investment, and technological and market risk.

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MTC6680: Marketing Strategies
This course provides an introduction to marketing concepts, methods, and practices that are important to modern enterprises. As a discipline, marketing is responsible for facilitating the exchange process. This is accomplished through an understanding of the perceptions, preferences, and behaviors exhibited by customers and consumers. That understanding is translated into a complete offering (product/service/features, price, advertising/promotion, and distribution system) consistent with those customer needs, the firm's capabilities, and the competitive environment.

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MTC6685: Business Policy
This course introduces students to concepts of decision-making and strategic planning. It addresses managerial decisions at both the formulation and implementation phases of strategic planning. Students will learn about the planning process by integrating concepts from both traditional business disciplines and non-traditional ones. Since managers usually make strategic decisions without possessing all the relevant information, we will focus on decision-making under uncertainty.

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MTC6686: Negotiations
This course teaches the theory and processes of negotiation, the art and science of securing agreements between two or more interdependent parties who are in conflict. Negotiations are studied in a variety of settings. The course deals with understanding the behavior of individuals, groups, and organizations in the context of competitive and cooperative situations. A basic premise of the course is that while a manager needs analytical skills to discover optimal solutions to problems, a broad array of negotiation skills are needed for these solutions to be accepted and implemented. The course enables participants to develop these skills experientially and to understand negotiation in useful analytical frameworks. Considerable emphasis is placed on simulations, role-playing, and cases.

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MTC6690: Manufacturing (Operations Management)
Managers need to understand the impact of operational decisions on quality, cost, productivity, flexibility, and responsiveness to market, and the impact on operations of decisions taken elsewhere in the firm. The course equips the student with a detailed understanding of the design, control, and improvement of productive processes. It also provides a conceptual framework and analytical tools for analyzing the tradeoffs associated with operational decisions. While much of this course pertains to manufacturing operations, many of the underlying principles are equally applicable to the service context.

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MTC6693: Product Design And Development
This course will provide competence with a set of tools and methodologies for product design and development and will raise awareness of the role of multiple functions (e.g. marketing, engineering design, industrial design, production) in creating a new product. Participants will apply the course material to a product development project. Topics include: identifying customer needs, setting specifications, concept development, design for manufacturing, and industrial design.

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MTC6695: Robotics and Automation
This course will acquaint students with the basics of modeling, controlling, and programming of robots. They will be able to recognize what tasks can be automated using robots and they will become familiar with the state of the art in robotics and automation, material-handling systems, and the component technologies.

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MTC6697: Concurrent & Simultaneous Engineering
This course will overview the key elements and activities that must be managed concurrently and simultaneously by management in product development involving R & D, Product Engineering, Design (Industrial Design), Manufacturing, and Marketing. Specific topics will include identifying markets for new technologies, producing for cost/feature/value advantage, allocating development resources, and foundation design concepts (rules and tools).

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MTC6699: Logistics
The course will address modern thinking in integrating logistics with what are traditionally considered to be core operations, such as manufacturing and marketing. These include demand and supply-chain management, just-in-time inventories and manufacturing, and strategic links via co-maker skip and customer reach. Logistical design methods of vehicle routing, facility location, and inventory control will be introduced. The role of modern information systems technology for both tactical and operational control will be discussed. Several industry experts will participate in teaching.

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Update Jan. 26, 2007