Management Science (Mg)

 

Program of Study (Proposed Degree Requirements)

Management science is a professional discipline that applies the scientific and mathematical approaches of operations research to managerial decision-making and prepares students for business administration and future graduate studies including the MBA programs. This includes the opportunity to develop skills in strategic marketing functions such as new product development, pricing, sales force management, advertising, promotion, and consumer information management. The major combines quantitative methods such as probabilistic analysis, statistical inference, optimization, mathematical modeling, and computer programming with qualitative skills in communication, psychology, and organizational behavior. Management science is applied in virtually all areas of business, industry, and government, including:

  • Financial services
  • Marketing
  • Operations management
  • High-tech, engineering, and manufacturing
  • Transportation systems
  • Service industries such as health care and insurance
  • Strategic consulting

Management science provides a systematic approach to business problems using quantitative tools and qualitative methods that assess the human and social dimensions of these issues. Management science techniques account for real world complications and constraints in an effort to provide sound, viable solutions to managerial problems. The result is often a substantial savings of time, money, and resources.

The program offers:

• flexible curriculum – With only a few required courses, you can design a program to meet your career goals. This flexibility means you can target the depth of knowledge and skills a potential employer will value.

• experiential learning – You have the chance to strengthen the connection between theory and practice. Testing the skills and knowledge you gained in a practical setting will stretch and prepare you for business leadership. Internships and corporate assignments are available in a variety of industries to complement coursework.

• dialogue in the classroom – Don’t expect to be fed information or be given rules to follow. Debate and discussion are the principal modes of learning at the College. You’ll be asked by your professors and your peers to take an active role in uncovering the ideas and facts that will lead you to new solutions.

 

Program of Study (Proposed Degree Requirements)

Second Year

Ec 1 a Introduction to Microeconomics
Ec 1 b Introduction to Macroeconomics
Ec 2 ab Econometrics
CI 2 ab Core Integration
Electives  

 

Third, Fourth Years

Ec 80 Management Science Research
Ec 81 Independent Reading Management Science
Ec 82 Senior Thesis Research
Ec 90 Oral Presentation
Ec 91 Management Science Writing
Electives  

 

Management Science Courses 1-91

Mg 1    Introduction to Computers and Problem Solving

Mg 2   Probabilistic Systems Analysis

Mg 3   Optimization Methods in Management Science

Mg 4   Statistical Thinking and Data Analysis

Mg 5   Management Communication

Mg 6   Managerial Psychology

Mg 10 Corporate Financial Accounting

Mg 11  Innovation and Entrepreneurship: How to Do It

Mg 12 Principles of Finance Theory

Mg 13 Introduction to Operations Management

Mg 14 Marketing Management

Mg 15  Demand Modeling

Mg 20 Statistical Consulting

Mg 21 Pricing

Mg 22 Listening to the Customer

Mg 23 Strategic Market Measurement

Mg 24 Customer Analytics Using Probability Models

Mg 25 Design and Marketing New Products 

Mg 26 Business-to-Business Marketing

Mg 27 Marketing Strategy

Mg 28 Branding 

Mg 29 Consumer Behavior

Mg80 Management Science Research

Mg 81 Independent Reading Management Science

Mg 82  Senior Thesis Research

Mg 90  Oral Presentation

Mg 91  Management Science Writing