Management (M.A.S.)/Industrial-Organizational Psychology (M.S.)

Prepare for exciting and meaningful careers leading workforce evaluation, development, and management in Illinois Tech’s Master of Management/Master of Science in Industrial-Organizational Psychology dual-degree program.

This program brings together theory and application across the disciplines of business and psychology, providing students with the management acumen and the sophisticated understanding of human behavior and motivation that is needed to build and lead effective, healthy, and productive workplaces.

The Master of Management program focuses on broad-based business skills—innovation, leadership, decision making, marketing, finance, and operations—that prepare you for roles with management responsibilities that can accelerate your career progression in any industry or organization.

In the M.S. in Industrial-Organizational Psychology program, you’ll learn how to apply the principles of psychology to the workplace and develop your skills and knowledge in change management, statistical research methods, training and development, performance management, and promoting diversity, equity, and inclusion.

Enrolling in this dual-degree program reduces the total number of credits required by nine credit hours (three courses), compared to enrolling in the Master of Management and M.S. in Industrial-Organizational Psychology programs separately.

STEM-Designated Program

The M.S. in Industrial-Organizational Psychology degree is STEM-designated and international graduates of the program are eligible to apply for an extension for Optional Practical Training.

Learn More about the Programs:

Master of Management

M.S. in Industrial-Organizational Psychology

Program Overview

The Master of Management/M.S. in Industrial-Organizational Psychology dual-degree program delivers powerful, complementary knowledge and skill sets that prepare students to effectively plan, implement, and lead workforce development and performance management in all types of businesses and organizations across the public, nonprofit, and private sectors.

Career Opportunities

Graduates of this dual degree are well-prepared for a range of careers in corporate, nonprofit, governmental, and academic settings, in roles such as:

• Director of human resources
• Talent management officer
• Change management consultant
• Staffing and recruiting director
• Organizational effectiveness manager
• Team development manager
• Human resources analytics program manager

The United States Bureau of Labor Statistics reports median annual wages in 2022 and projected job growth from 2022–32 for the following occupational categories:

• Industrial-organizational psychologists—$139,280 with job growth of five to eight percent*
• Human resources managers—$130,000 with job growth of five percent*
• Training and development managers—$120,000 with job growth of six percent*
• Compensation and benefits managers—$131,280 with two percent job growth*

* Note: According to the Bureau of Labor Statistics, the average projected job growth from  2022–32 for all job categories is two percent.

Scholarships and Funding

Master of Management

• Domestic students pursuing the Master of Management degree are eligible to apply for the Chicago Talent Pipeline Scholarship, which in academic year 2024–25 awards up to $14,000 per degree.
• International students pursuing the Master of Management degree are eligible to apply for the Stuart School of Business Dean’s Scholarship, which in academic year 2024–25 awards up to $14,000 for the full two-year program.
• Learn more about Stuart School of Business scholarships.

M.S. in Industrial-Organizational Psychology

• Limited funding opportunities are available for students pursuing the M.S. in I-O Psychology degree and include scholarships and teaching and graduate assistantships.
• Learn more about funding opportunities for this program.