Biotech industry leaders have overwhelmingly indicated a need for business training in addition to laboratory experience with hands-on understanding of the increasingly complex technologies being developed in the biotech industry.

"The Professional Science Master degree is an innovative graduate degree designed to allow students to pursue advanced training and excel in science without a Ph.D., while simultaneously developing highly-valued business skills without the additional time and money needed to obtain an MBA. Programs are characterized by combining rigorous study in science with skill-based coursework in management, law, intellectual property and regulatory affairs," says the Council of Graduate Schools. Professional Science Master programs emphasize writing and communication skills and require a final real-world project or team experience in a business or public sector enterprise.