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What is Management Science (MS)?
Management Science (MS) is an interdisciplinary field of study focused on decision making and problem solving within the context of a business organization. Management Science has strong ties to business management, leadership, organizational development, engineering, science, psychology, and business. A Management Science professional will analyze human behavior in one or more of the following ways: individuals within an organization, group behavior of within organizations across various industries, and work groups within various organizations.
Management Science utilizes a variety of studies to analyze human behavior within and across organizations including qualitative methods (interviews, ethnography, case studies), quantitative methods (correlation, modeling, regression analysis), and computer simulation. As a Management Science professional, individuals can be a generalist or specialize in a variety of fields. Disciplines within Management Science can include: data mining, project management, decision making, team attitudes, group emotions, counter productivity, leadership, management, culture, citizenship, personality, stress, work-life balance, economic, political, systems, organizational behavior, and scientific studies.
In terms of educational requirements, Management Science degree holders will have typically studied the following courses while in college:
Skills & Abilities Required
Online Colleges Offering Degrees in Management Science
Employment Information & Specialization
For students that earn a college degree in Management Science, there are several fields of specialization that one can pursue. The options range from psychology, anthropology, market research, public relations, mental health counseling, career counselors, social work, teachers, survey researcher, behavior counseling, and sales training in the public or private domain to name a few possible career tracks.
Job Growth, Salary, and Related Fields
The job growth in the greater Management Science domain are well above average. For example, the rate of job growth for psychologist is expected to rise 19% through 2024 and for market research analyst 19% growth rate is expected during the same period. Given the broad nature of the Management Science degree, compensation after graduation can vary greatly from career field to career field given prior experience and geographic location. Related fields include teaching, research, marketing, advertising, and training.