ManagementScience/Operations Management

The Division of Management Science and Operations Management offers two types of electives: courses focusing on quantitative methods for analyzing business problems, and courses specific to the operations functional area within a corporation. These electives generally emphasize the use of analytic tools and quantitative techniques, drawing on the Statistics, Decision Models, and Operations Management core courses. The courses are particularly well suited to students interested in pursuing a career in consulting, operations management or any career that requires substantial quantitative skills.

Operations Management Concentration-

Operations Management is concerned with the actual production and delivery of products and services. Operations managers are directly responsible for designing, running and improving the systems and processes that are used to meet demands for goods and services. The operations management concentration is designed to prepare students for general management, operations management and consulting careers. The use of an integrative approach to relate operations, marketing distribution and financial planning provides the leverage needed to match global competition in a rapidly changing technological environment.

Management of operations offers great challenges and opportunities within a variety of fields, including financial services, media and communications, retail, health care, manufacturing, management consulting, transportation and the public sector.

Students must take five courses in addition to the core to satisfy concentration requirements. At least two of the five must be selected from the following:

B8815 Supply Chain Management
B8820 Quality Management
B8827 Technology Management
B9811 Seminar in Service Operations

Additional courses that count toward the concentration include:

Operations Management
B6833 Computers and Information Systems Management
B8825 Systems Modeling and Management Control
B8826 Simulation and Business Process Modeling
Management of Organizations
B8704 Managing Innovation
B8711 Turnaround Management
Management Science
B8833 Negotiations and Decision Making
B8834 Decision Models II

The Management Science Concentration

Management Science is concerned with the use of models to support business decisions in such areas as logistics, operations, marketing, portfolio optimization, and security pricing. Students concentrating in Management Science develop the expertise to implement models in spreadsheets or special-purpose software, and the flexibility to work with a range of quantitative tools. The analytical training developed through the concentration provides an excellent background for a career in consulting. Students may orient their concentration toward one of the functional areas of business, such as operations, finance or marketing.

Students must take five courses in addition to the core to satisfy concentration requirements. One of these must be B8834 Decision Models II.

At least three other must be drawn from the following list:

B8832 Applied Multivariate Statistics
B8833 Negotiations and Decision Making
B8835 Security Pricing: Models and Computation
B8815 Supply Chain Management
B8826 Simulation and Business Process Modeling

 

 

 

Course Listing: Spring 1999

Course # Course Name Professor(s)
B6833-001 Computers and Information Systems Management Weber
B8815-001 Supply Chain Management Feigin
B8820-001 Quality Management Kolesar
B8835-001 Security Pricing: Models and Computation Broadie
B9801-033 Stochastic Processing Networks: Analysis and Control Maglaras
B9822 Mathematical methods II Welch

 

Last updated: 11/05/98