The PSM

A 2004 USA Today article said that the professional science masters (PSM) degree promised to be the hot degree no one seems to have heard ofyet. Six years later, 96 institutions now offer recognized PSM programs and approximately 2,700 students have earned this degree.

Written byRichard Daub
| 8 min read
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Still the Hottest Degree No One Has Ever Heard Of

It is commonly referred to as the “MBA for scientists.” A 2004 USA Today article said that the professional science master’s (PSM) degree promised “to be the hot degree no one seems to have heard of—yet.” At the time of that article, fewer than 400 students had earned a PSM and only 45 universities offered it.

Six years later, the Council of Graduate Schools indicates that 96 institutions now offer recognized PSM programs and that approximately 2,700 students have earned this degree, 530 of which are awarded annually. It has taken root at the university level as a program that gives students a rigorous scientific education while also preparing them for employment outside of the academic setting. Skills such as finance, budgeting, regulatory affairs, and communications are emphasized to enable the science student to adjust to the culture of the workplace.

Yet, despite some early media hype and nearly a decade of acclaim from academia, the PSM remains mired in obscurity. Not one of the seven employees of nonacademic laboratories interviewed for this article had even heard of the PSM; however, after being given a nutshell description of what it is, most agreed that it sounded like a good idea and that a scientist with some formal business training may be a more valuable commodity than a PhD with no business training.

So why is this degree still so little known?

“I think it’s just a progression,” says Susan Lawton, PSM planning coordinator at the University of Massachusetts. “It started about ten years ago, and just getting students who graduated from the program out there and being successful is a process. Somebody related to me a while back about how the MBA started with a certain number of students and then it grew as more people went out there with those degrees.”

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