MS in Hospitality Industry Studies

Overview

The hospitality industry includes a number of interrelated businesses–lodging properties, airlines, restaurants, cruise lines, car rental firms, travel agents, and tour operators, among others, and it is growing. By 2024, the U.S. Bureau of Labor Statistics projects that wage and salary jobs in the hospitality industry will grow by 8 percent. In the United States, travel and tourism are among the nation’s largest services export industries, and one of America’s largest employers. In fact, according to the American Hotel & Lodging Association, hospitality ranks among the top-10 largest industries in 48 states in addition to the District of Columbia.

The MS in Hospitality Industry Studies is designed to prepare leaders for working in a dynamic and multifaceted field that is essential to local and regional economies around the world. Course work includes industry-specific case studies that provide a framework for mastering analytical methods, strategic management, and business principles. The knowledge and skills you gain will enable you to contribute to the profitability, market competitiveness, and effective branding of domestic and international hospitality companies and organizations. You will become familiar with the legal requirements that impact hotel operations, from labor issues and regulations related to national security, to contracts that must be enforceable across different legal systems. You will acquire the expertise to identify opportunities, develop strategies, and implement best-practice models for a single property or a global brand. Integrating the needs of all key stakeholders—clients, employees, corporate partners, shareholders, and host communities—you will learn innovative strategies to guide an organization to success.
 

FLEXIBILITY FOR SPRING 2021

Study in New York City OR if you are unable to attend on-site in NYC for spring, you can start this degree remotely and join us on campus in Fall 2021.
NOTE: Certain restrictions and requirements may apply for international students.

An industry of opportunity

The hospitality, travel, and tourism sector is brimming with new  opportunity for those who are considering it as a career path. By 2026, it will provide 360 million jobs—one in every nine jobs on the planet! In this program, you will learn to become a strategic manager in a field that offers a wealth of career opportunities. You will help guide companies as you identify appropriate strategies and implement best practice models that will drive success—whether for a hotel chain, a digital platform or an investment firm.

Applied and experiential learning

You want to learn from the best - that is why our faculty are top industry professionals. Learn from experts in their fields, who have years of experience and invaluable professional industry connections to help build your network. Participate in internship and study-away opportunities that develop your skills while providing an insider’s view into industry. Be a part of the NYU Hospitality Investment Conference, one of the hallmark events in the field.

 

Program Structure

Core Courses

The core curriculum consists of seven courses that cover key hospitality business skills as well as applied research methods. They serve as the foundation for the program.

 

Elective Courses

Students have the opportunity to include elective courses into their studies. Electives can be taken in hospitality or in other programs offered at the school.

 

Concentrations

The program offers four concentrations that allow you to tailor your curriculum and specialize in a particular field of the hospitality industry.

 

Capstones

In the capstone courses, students apply their cumulative learning to projects that are set by our industry partners. One capstone features a consulting project, the other a research project.

 

CORE CURRICULUM

The core curriculum is designed to provide you with a deep and broad foundation that supports concentration course work and serves you throughout your career. Students are required to take all of the following courses.

Core Curriculum

The core curriculum is designed to provide you with a deep and broad foundation that supports concentration course work and serves you throughout your career. Students are required to take all of the following courses.

Electives

Students may take the courses listed below or courses from another NYU School of Professional Studies graduate program with advisor's approval.

Capstone

Students are required to take all of the following courses.

Concentrations

Students select one concentration area.

HOTEL FINANCE

The focus of this concentration is financial management for hospitality and the hotel development process..

 

LODGING OPERATIONS

This concentration focuses on the operational aspects of the hospitality business, and prepares students for leadership positions in these functions.

 

BRAND STRATEGY

This concentration provides you with in-depth knowledge of the hospitality marketing and branding field, and also focuses on sales and distribution.

 

REVENUE MANAGEMENT

In this concentration, students explore pricing strategies and analytical processes that optimize and maximize the business’s revenues.

 

Admissions Criteria

We carefully weigh each component of your application during the admissions review process to evaluate your ability to benefit from and contribute to the dynamic learning environment and the challenging curriculum that the School offers.

 

Application Deadlines

Fall Semester

Priority:   January 15

International Final: April 1

Domestic Final: July 1

 

Spring Semester

Priority:   September 15

International Final: October 1

Domestic Final: November 30

 

Required Documents

Personal Statement

Resume

Two Letters of Recommendation

Standardized Tests (If required by Admissions team)

 

Transcripts

Applicants submitting official transcripts will be given priority during the application process. 

Fees

For Academic Year 2019-2020

Application Fee $150

Registration Fee (per semester) $651

Tuition per 3 unit course $6,204

Language Proficiency

TOEFL scores are required for applicants who did not complete an undergraduate degree in the United States or in a country where the only primary language is not English.  Successful candidates achieve a minimum score of 100 on the Internet-based test.

 

For the IELTS, a minimum overall band score of at least 7 is recommended.

 

NYUSPS does not prohibit applicants with lower TOEFL/IELTS scores from applying for admission since many factors influence the admissions decision. 

 

Pearson Versant English Placement Test (VEPT)

If an international applicant has not achieved the minimum scores as described above, they are required to participate in the VEPT, a 50-minute online test that evaluates English language proficiency.

 

Scholarships

The Jonathan M. Tisch Center of Hospitality is unique in offering an extensive range of exclusive scholarships to its graduate and undergraduate students. From fall 2019, all new graduate students at the Tisch Center receive a $10,000 scholarship upon registration. Continuing students can apply for scholarships each spring semester, and the funds will be disbursed in the following academic year in two installments (fall and spring). For more information, please visit our Scholarships page.