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Thank you for your interest in the University of California Santa Barbara, Master of technology management! 

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Today's presentation will provide you with an overview of the practice of Technology Management, why it is studied, and the value of a Master of Technology Management to advance your career leading technology- and innovation-driven companies.

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But first, we hope to welcome you to beautiful Santa Barbara on the central coast of California, between the Santa Ynez mountains and the Pacific Ocean. 

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Santa Barbara and UCSB are located approximately 95 miles north of Los Angeles, and 300 miles south of the Bay Area and Silicon Valley.

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Don't be fooled by appearances though. Even though UCSB is in a relatively small town, it is surrounded by a burgeoning technology and entrepreneurial hub, with familiar large companies such as Amazon and Sonos, as well as UCSB-founded companies such as Apeel.

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So you might be wondering, what exactly is Technology Management, and why study it? 

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According to Klaus Schwab, founder and executive chairman of the World Economic Forum, humanity has entered the fourth industrial revolution, which builds on the digital revolution, and is expected to change the way humans create, exchange, and distribute value.

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But, what's different about this revolution is that it is more than just a technological leap of innovation.

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The fourth industrial revolution will be driven by the convergence and blurring of digital, biological, and physical innovations, including artificial intelligence, robotics, the Internet of Things, 3d printing, genetic engineering, quantum computing, and more.

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As a result, organizations will become increasingly complex as they adapt to technological change and manage a multidisciplinary workforce distributed around the globe.

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Technology Management is the study of this new world order, and the ways in which companies both large and small can adapt and thrive.

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Technology Management is a multidisciplinary field of science that examines the opportunities and challenges of technological innovation, industry disruption, and organizational change, and their influence on business performance and competitive advantage. 

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At the core of Technology Management are five key factors, or core competencies, that leaders must assimilate into their business practices. These serve as the foundation for the Master of Technology Management curriculum.

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The practice of Technology Management requires that multidisciplinary teams work fluidly across geographic and organizational boundaries, employing agile business processes and practices to rapidly address market challenges and opportunities.

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In this model, people are at the heart of product ideation, creation, and delivery in an effort to provide continuous customer value employing sustainable business practices.  

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The process of Technology Management is an ongoing virtuous cycle, with implications in the way organizations address human capital, finance, project management, product management, business strategy, data science, marketing, and organizational development.

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Today's rapid pace of innovation and organizational change can be daunting for even the most experienced professional. Those early in their careers can find it particularly challenging as they prepare for leadership roles on projects, products, and teams.

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UC Santa Barbara's Master of Technology Management is a stem-designated program that offers motivated early-to-mid career professionals the essential business knowledge and entrepreneurial mindset to expand their leadership opportunities within technology- and innovation-driven firms.

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Over the course of one full academic year, students will explore the theory and practice of product and corporate strategy, management of products, projects and teams, and the various methodologies for growing and scaling businesses.

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The MTM curriculum also includes a field practicum, in which student teams have the opportunity to apply the theories and concepts learned.

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Many MTM students also choose to participate in Technology Management's annual New Venture Competition, which provides the opportunity to take a deep dive into forming and building viable startup businesses that address real world challenges and opportunities.

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The MTM cohort comprises approximately 40 to 45 students with backgrounds in STEM and the social sciences. Whether you have experience in engineering, finance, marketing, or sales, the MTM program could be right for you.

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The Master of Technology Management core curriculum provides foundational business knowledge and skills required to navigate technology-driven firms and lead multi-disciplinary teams.

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The core is complemented by other required coursework that enhance a student's ability to leverage data to facilitate continuous innovation.

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Courses include finance and accounting for technology driven companies, marketing fundamentals, strategy for technology-driven companies product and market validation, creating and managing human capital, project and program administration, building strategic partnerships, and organizational design for continuous innovation.

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Over winter and spring quarters, students will apply knowledge through a consulting field project in which they will work with a team of fellow students, a faculty and company advisor within a technology company to address a business challenge the company is facing.

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This embedded internship is provided for you and is completed with an assigned cohort of your peers. 

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Technology Management faculty serve UC Santa Barbara's dual mission of rigorous disciplinary research and professional teaching.

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Our faculty have international reputations for scholarship on technology, management and innovation and a real world knowledge of management problems and practices, which, when combined with their scholarly knowledge enables them to offer students a well rounded professional education.

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Technology Management faculty have won numerous prestigious, national and international awards for the impact of their research.

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Many of our faculty have founded and run high tech firms and have advised some of the world's leading technology companies.

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Career Development is an important aspect of the Master of Technology Management program.

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The MTM Career Services team work one-on-one with students to guide them throughout their academic and career journey.

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After graduation, many students go on to work within the thriving local technology sector at such companies as Procore, Apeel, and AppFolio.

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60% of graduates have job offers before graduating and over 90% have job offers within three months of graduating.

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What do our students think of our program?

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Jessica Vieira who graduated with our first cohort in 2016 says, "As an engineer who worked in industry, I knew that I wanted to pursue the management track of my career. MTM gave me the credibility as well as the confidence to be a strong leader in a technical field." 

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Jessica has rapidly risen through the ranks at local company Apeel, an innovator of plant derived coatings that allow fresh food growers and suppliers to keep produce fresh. Apeel was founded at UCSB and is currently valued at $2 billion. 

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Does the Master of Technology Management program sound interesting? Let's review the admissions requirements.

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We require a minimum 3.0 GPA on a 4.0 scale.

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We also ask for three letters of recommendation, at least one of your recommenders should come from an academic reference, the others can be professional. 

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If you have been out of school for two-plus years, all three may be professional. 

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For the 2022 Admissions Cycle, the GRE or GMAT is not required.  

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However, applicants whose native language is not English are required to take either the TOEFL or the International English Language Testing System exam, or the IELTS.

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International applicants who have or will have completed the equivalent of a US undergraduate or graduate degree from an institution whose sole language of instruction is English, are exempt from the TOEFL and IELTS exam.

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You must also submit a resume, or CV, as well as a Statement of Purpose where you'll describe how your past experiences will contribute towards your success and a thriving cohort.

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You will also need to submit a Statement of Personal Achievements in which you will illustrate your past professional experiences and future goals and how the MTM can help you launch into the next phase of your career.

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The admissions review process is holistic and each aspect of the application is taken into consideration.

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Additionally, this is also the same information that we use to review financial support packages. For more information, please go to the Admissions section of our website.

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There are three admissions deadlines. Although our review process and criteria remain the same from deadline to deadline, there is a benefit to applying earlier. 

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Our first deadline is January 15, 2022. This is considered early decision. This is the recommended admission date for financial support consideration as well as international applicants. 

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The second deadline is March 1, 2022. This is the final deadline for financial support consideration and the recommended deadline for guaranteed campus housing. 

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The final deadline is May 1, 2022. All applications are due by 11:59pm. Pacific time on the day of the deadline.

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Admitted students must submit their statement of intent to register or the SIR and the online application portal by June 15. 

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UC Santa Barbara offers multiple ways to finance your graduate degree, including merit based scholarships, opportunities to work as a teaching assistant, US Federal Government student aid, international student funding, and other financial resources identified by UC Santa Barbara's graduate division. 

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All admitted students are automatically considered for financial support. 

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We encourage you to learn more and stay connected. Visit us at our website at tmp.ucsb.edu/MTM; contact our admissions team at mtmadmissions@tmp.ucsb.edu; or visit us on Facebook, Twitter, and Instagram. 

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Thank you for your time today! We look forward to hearing from you and wish you all the best.