In 2004, Rutgers' Edward J. Bloustein School of Planning and Public Policy (the Bloustein School) and Rutgers Business School: Graduate Programs-Newark and New Brunswick (RBS) developed the dual master of city and regional planning/master of business administration (M.C.R.P./M.B.A.) degree program. The Bloustein School's planning program offers a broad array of courses in such areas as housing, transportation, community development, environment, urban and regional economics, and information technology, as well as concentrations in several specialized areas.

The 84-credit dual M.C.R.P./M.B.A. degree program can be completed in three years of full-time study. The total of 108 credits that would be required to obtain the two degrees separately (48 for M.C.R.P. and 60 for the M.B.A.) is thus reduced by 24 credits (12 credits each way), and the time from four to three years. The dual degree combines the complementary strengths of the two programs and provides a broad professional education ranging from city and regional policy planning to business administration and management. It is intended to produce professionals who will make meaningful contributions to the improvement of cities and regions with a full foundation of business principles.