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What is Management Science?

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.

Career Summary

MEDIAN SALARY

$112,150

PERCENT ABOVE NATIONAL
INCOME AVERAGE

66.95%

TOTAL SECTOR EMPLOYMENT

403,670

Degree Median Salary vs Adjacent Degree Types

Source: BLS, US Census, and IPEDS

2024 Best Management Science Degree

Commonly referred to as Penn, the University of Pennsylvania is a private Ivy League research university located in Philadelphia, Pennsylvania. It was established in 1740 as America’s first private university, now accommodating over 26,000 students. Today, Penn is a global leader in providing rigorous academic programs in pursuit of innovative knowledge that can improve the lives of communities worldwide.

The Bachelor of Science in Operations, Information & Decisions at Penn’s The Wharton School offers several tracks such as General, Decision Process, Operations Management/Management Science, and Information Systems. The Management Science track is a program that focuses on the central knowledge and skills necessary to understand production and service operations in a global economy. The program prepares students for careers in consulting and analytic strategy support, as well as future advanced studies in either economics or business. The courses in the curriculum allow students to gain an in-depth understanding of the tradeoffs to consider in the development of products and services. See the program curriculum at oid.wharton.upenn.edu.

Acceptance Rate

7.66

Student to Faculty Ratio

6:1

Columbia University in the City of New York, simply Columbia University, is a private Ivy League research university in New York. Founded in 1754, it is the oldest institution of higher learning in the state. Columbia University is among the global leaders in research and distinctive academic programs in different scholarly and professional fields at the undergraduate and graduate levels.

Offered by the Columbia Engineering and Columbia Business School, the MS in Management Science and Engineering is a three-semester program that focuses on the management and engineering perspectives in solving issues of complex systems. The program features a year-long Operations Consulting where students are allowed to engage with industry clients to help them solve their business and operational challenges. Students may also choose a concentration in Operations & Analytics, Entrepreneurship & Innovations, Pricing & Revenue Management, and Logistics & Supply Chain Management. For more details, go to mse.ieor.columbia.edu.

Acceptance Rate

5.45

Student to Faculty Ratio

6:1

Northwestern University is a comprehensive research university founded in 1855 that offers interdisciplinary programs across multiple schools and units. Located in Evanston, Illinois, the university embraces an innovative, collaborative, and multidimensional community in making an impact on the development of society,

At Kellogg School of Management at Northwestern, the top ranked management science major in its MBA program focuses on the application and execution of analytical techniques, tools, and models across the school’s academic disciplines. Students of the program will attain expertise by learning techniques applicable to the analysis of problems as well as the assessment of the performance of business organizations. Explore the full program at kellogg.northwestern.edu.

Acceptance Rate

9.05

Student to Faculty Ratio

6:1

The University of Notre Dame, known as Notre Dame, is one of the country’s leading undergraduate academic institutions that has been at the forefront of research and scholarship since 1842. With its 75 undergraduate majors, the university is part of the top 25 universities in the nation and has contributed significant breakthroughs in the fields of astrophysics, environmental sciences, peace studies, robotics, and radiation chemistry.

The Master of Science in Management at Notre Dame’s Mendoza College of Business is a top-ranked management program that teaches students the “language of business” through exposure to business fundamentals such as accounting, marketing, management, and finance. Students will have the opportunity to develop their limited understanding of the global business through a two-week international immersion in China or South America. Upon completion within 11 months, graduates are ready to start a career in the business through the knowledge, skills, values, and integrity they acquired from the program. To get started with the program, go to mendoza.nd.edu.

Acceptance Rate

15.83

Student to Faculty Ratio

10:1

Washington University in St. Louis is a private research university offering different programs to local and international students from approximately 90 countries since 1854. The university, located in St. Louis, Missouri, continues to fulfill its mission of discovering and disseminating knowledge as well as protecting the freedom of inquiry through research, teaching, and learning.

The Organization and Strategic Management Science major in the BSBA degree at Washington University covers different topics in organization management such as leadership, ethical issues in decision making, critical thinking and problem solving, negotiation, and corporate responsibility. Non-BSBA students may also take the course as a major or minor. To view the full requirements of the program, visit olin.wustl.edu.

Acceptance Rate

13.85

Student to Faculty Ratio

7:1

One of the leading private research universities in Los Angeles, the University of Southern California (USC) is known as a global center for arts, technology, and international business. Established in 1880, the university is home to 21 exceptional academic schools and units and to over 48,000 students and 4,400 full-time faculty.

At USC Marshall School of Business full-time MBA program, one of the few business schools offering STEM MBA, students are eligible to pursue a STEM certified Management Science degree specialization. This specialization combines data-driven decision-making and analytics with the overall MBA program that aims to develop an entrepreneurial mindset and build a deep understanding of fundamentals in business. For professionals, a Master of Management Studies program is available to explore other opportunities and areas of specialization. Read more information at marshall.usc.edu.

Acceptance Rate

11.42

Student to Faculty Ratio

9:1

Initially founded as a Baptist women’s college in 1859, Averett University is a private, 4-year Baptist college with campuses in Danville, Quantico, and Norfolk, Virginia as well as in Providence, North Carolina. With nearly 1,500 total students from 24 states and 20 countries, the university offers more than 30 undergraduate majors, minors, and special programs as well as 5 graduate programs.

The Business Science Major at Averett University’s Department of Business Administration is a program offering a broad-based, student-focused education grounded in business and liberal arts. The program prepares students to become successful business leaders by allowing them to choose up to two concentrations in either Accounting, Management Science, or Marketing Management. The concentration in Management Science gives students a broad overview of the concepts and practice of management through classroom instruction and real-world experiences. Towards the end of the program, seniors are required to take the Major Field Achievement Test (MFAT) in Business to be eligible for graduation. Get more details about the program at averett.edu.

Acceptance Rate

23.64

Student to Faculty Ratio

5:1

As one of the leading universities in the United States, the University of Michigan - Ann Arbor is a public research university based in Ann Arbor, Michigan. The university has been fulfilling its mission of creating, communicating, and preserving knowledge and academic values to produce responsible leaders and citizens since its founding in 1817.

The STEM-Designated degree in Management Science at Michigan’s Ross School of Business is designed for students in the MBA program who want to pursue quantitative management and business analytics positions. The 14-credit specialization gives students the flexibility to customize their program of study based on their interests. Aside from the foundational courses in management science, the curriculum also includes topics like The Psychology of Start-Ups, Valuation, Artificial Intelligence for Business, Competitive Tactics & Policy, and Marketing Engineering and Analytics. For more information about the program requirements, visit michiganross.umich.edu.

Acceptance Rate

22.91

Student to Faculty Ratio

11:1

Boston University (BU) is a private research university in Boston, Massachusetts founded in 1839 by the members of the United Methodist Church. The university continues to serve the community of over 34,000 students from 130 countries, more than 300 programs of study, and 17 schools and colleges on its three campuses.

The Bachelor of Science in Management Science degree at BU Metropolitan College is designed to provide students an overview of the operations of the business and the business environment. At the end of the program, students are expected to learn the skills and tools necessary to compete in a quickly changing global business environment. A graduate program called Master of Science in Management Studies is also offered as a full-time program to enhance the skills and knowledge of professionals in the business industry by providing an experiential curriculum as reflected by different activities such as client-facing business projects, team interactions, and simulated business decisions. 

Acceptance Rate

18.94

Student to Faculty Ratio

10:1

Originally founded as a medical college in 1834, Tulane University is one of the most distinguished research universities in the United States and is a member of the Association of American Universities. The university is located in New Orleans, Louisiana, with more than 70 majors in its five schools in the fields of science and engineering, architecture, business, liberal arts, and public health.

The Bachelor of Science in Management Science degree program at Freeman School of Business at Tulane is a comprehensive program with a major and minor in Management. Students may choose from two tracks, consulting and entrepreneurship, as well as from different electives that can build a solid background in business together with their chosen area of study. View the full program at freeman.tulane.edu.

Acceptance Rate

12.87

Student to Faculty Ratio

8:1

As the only Augustinian Catholic university in the United States, Villanova University is a private Catholic research university based in Villanova, Pennsylvania. The university accommodates more than 10,000 students enrolled in certificate, bachelor’s, master’s, and doctoral online and on-campus programs in the fields of law, business, nursing, engineering, and arts and sciences.

At Villanova School of Business which is considered the top undergraduate business school in the nation, the Department of Management & Operations aims to develop students into ethical and productive business leaders through innovative and action-oriented curricula and involvement in impactful scholarship. The Management Science major provides students with the tools needed for strategic planning, effective teamwork, organizational dynamics, leadership, organizational culture, and human resource management. Students in the program must complete the core and the business curriculum as well as 3 Management electives and 3 required Management courses which include Organization Behavior, Global Business Management, and Innovation and Business Practicum. Check villanova.edu to view the entire program curriculum.

Acceptance Rate

28.24

Student to Faculty Ratio

11:1

New York University (NYU) is one of the country’s leading higher education institutions based in New York City, New York. Since its founding in 1831, NYU has been providing a rigorous education in a highly dynamic learning environment as well as academic support and resources needed by over 50,000 students to enhance their communication and critical thinking skills.

The Stern School of Business at NYU, one of the most prestigious business schools in the United State, offers several management programs, whether online or on-campus. The undergraduate major in Management Science allows students to have an understanding of how organizations work in different industries as well as how to improve their effectiveness and efficiency which they can be ultimately used to decide on the best strategy for an organization. The school also offers an online Master of Science in Quantitative Management which is open to individuals with an undergraduate degree in the related field. Graduate degrees such as Master of Business Administration and Doctor of Philosophy are also available in the school which enables professionals to concentrate further in either Organizational Behavior, Organization Theory, or Strategy. Access the program curriculum at stern.nyu.edu.

Acceptance Rate

16.2

Student to Faculty Ratio

9:1

Lehigh University is one of the most distinguished private research universities in the country located in Bethlehem, Pennsylvania. The institution was established in 1865 with the mission to challenge students to become the leaders of the future by molding an entrepreneurial mindset and providing collaborative opportunities.

At Lehigh, the undergraduate Management Science major in their Bachelor of Science in Business and Economics Management degree introduces management principles, theories, and experiences to students who want to become future leaders. The program is designed to teach students the skills required in Management Consulting, Human Resources, and Organizational Management. Alternatively, a customized online program called Executive Certificate in Management and Leadership is available for those who want to advance their current career in management. Visit business.lehigh.edu to check the requirements for admissions.

Acceptance Rate

32.1

Student to Faculty Ratio

9:1

Wake Forest University, a private, coeducational collegiate university with a liberal arts curriculum, is ranked as the 30th national university in the United States. Founded in 1834, the university houses more than 8,000 students on its campus in Winston-Salem, North Carolina.

Wake Forest offers both undergraduate and graduate programs related to management science. The undergraduate Business and Enterprise Management Science degree provides flexibility to students, allowing customization according to the person’s interests. Some specializations include Marketing, International Business, New Business Development, and Management Consulting. For non-business majors and business minors who want to keep up in the business industry, a Master of Science in Management degree is a 10-month program that builds on the skills and knowledge the students gained in their undergraduate studies. More details about the programs can be found at business.wfu.edu.

Acceptance Rate

29.6

Student to Faculty Ratio

10:1

University of California (UC) San Diego is recognized as one of the top research universities worldwide located in the heart of La Jolla, California. The university, officially established in 1960, prepares the leaders of the future through the generation and dissemination of knowledge and creative works, and engagement with the public.

UC San Diego Department of Economics offers a BS in Management Science degree designed to prepare students for an MBA program. The program focuses on applied economics with a management focus, quantitative methods for optimal allocation of scarce resources in private and public enterprises, and functional fields of business management. View the full program at economics.ucsd.edu.

Acceptance Rate

31.48

Student to Faculty Ratio

19:1

William & Mary (W&M) is a premier public research university known for providing a rigorous liberal arts and sciences curriculum. With the main campus located in Williamsburg, Virginia, the university was chartered in 1693 making it the second oldest institution of higher education in the United States. The university has other campuses around Virginia and Washington D.C.

Available to all William & Mary students, the Management Science & Organizational Leadership at Mason School of Business is a minor program that allows students to gain additional knowledge while exploring the realm of business. Students are required to complete 18 credits in the discipline to earn a minor degree. Aside from the required course in organizational behavior and management, students may choose from 3 electives in the following areas: Teams Design, Selection, and Development,  Change Management and Organizational Transformation, Leadership, Managing Conflicts, Managing Social Networks, and The Psychology of Decision Making. To know more about the program, go to mason.wm.edu.

Acceptance Rate

37.68

Student to Faculty Ratio

11:1

As a member of the 10-campus University of California system, the University of California, Irvine (UCI) is a public research university based in Irvine, California. The university was founded in 1965 with a goal to provide comprehensive academic education, cutting-edge research, and public service to enhance the lives of individuals and bring change to communities around the world.

The undergraduate Management Science major is a collaborative, interdisciplinary degree program between the Donald Bren School of Information and Computer Sciences and the Paul Merage School of Business. Students in the program are exposed to the basic theories and concepts in computing, business fundamentals, analytical decision-making, and informatics. The curriculum has three general academic areas which include computing, business foundations, and analytical methods. Under computing, students take courses in computer science, informatics, and software management. The business foundations, on the other hand, introduces accounting, marketing, finance, strategy, and operations. Finally, the analytical methods area focuses on mathematics, statistics, management science, economics, and decision analysis. Read more about the program at merage.uci.edu.

Acceptance Rate

26.54

Student to Faculty Ratio

18:1

Established in 1826, Case Western Reserve University is ranked as one of the nation’s top research universities. It is located in Cleveland, Ohio, and is now home to more than 11,000 students with the mission to solve the biggest issues in the present and future. With its cutting-edge facilities and programs, the university is dedicated to innovation to help students become successful in their chosen careers.

At Weatherhead School of Management at Case Western Reserve, an undergraduate program in Bachelor of Science in Management Science is offered with majors in either Business Management, Finance, or Marketing. The program provides a rare degree of analytical capability in solving the problems of management and business. For professionals, there are also available graduate programs such as Master of Science in Management - Business Analytics which can be completed within 16 months including a 3-month internship opportunity. Explore the programs available at weatherhead.case.edu.

Acceptance Rate

27.36

Student to Faculty Ratio

11:1

Based in Gainesville, Florida, the University of Florida (UF) is a public land-grant research university that consistently ranks as one of the top universities in the country. The university houses more than 200 research, service and education centers, and bureaus and institutes available for use for student’s academic programs and research interests as they strive for a better world through research.

At UF Warrington College of Business, the Major in Management Science is perfect for goal-oriented students aiming to be leaders in the future. The program combines theory with application, with emphasis on problem-solving, case studies, and small group projects. A graduate program called Master of Science in Management for non-business majors is also available in the college which has an equivalent online program. Explore the programs at warrington.ufl.edu.

Acceptance Rate

36.58

Student to Faculty Ratio

18:1

The University of Texas at Austin, often called UT Austin, is a public research university in Austin, Texas. Founded in 1883, it is considered the flagship institution of the University of Texas System. The university, offering top national programs with a public mission, has 156 undergraduate and 234 graduate programs supporting 51,000 diverse students across 18 colleges and schools.

The Bachelor of Business Administration degree in Management Science at Red McCombs School of Business at UT Austin offers different specializations such as consulting, change management, human capital management, and entrepreneurship. The program is very flexible as students have the option to choose from the available courses to customize a major in General Management, or follow the designated curriculum in either Consulting or Change Management. Visit utexas.edu to read the details of the admissions.

Acceptance Rate

31.82

Student to Faculty Ratio

N.A

The University of Miami, a private research university in Coral Gables, Florida, officially opened its doors in 1925 with the mission to serve the community by engaging in research and sponsored programs. The university is home to more than 17,000 students from around the world with 11 schools and colleges serving over 180 majors and programs.

The Department of Management Science at the Miami Herber Business School offers a major in Management Science and Business Analytics as well as a minor in the same field which gives students the necessary skills, background, and experience to cater to the needs of the business industry. The department also offers a Ph.D. in Business - Management Science which involves advanced topics and techniques such as the application of modern quantitative and analytical methods in decision-making and the design and control of complex systems. For more information, visit bus.miami.edu.

Acceptance Rate

27.13

Student to Faculty Ratio

12:1

Santa Clara University (SCU) is a private Jesuit university located in the heart of Silicon Valley in Santa Clara, California. Known for high-tech innovation grounded in the Jesuit educational tradition, SCU offers undergraduate and graduate programs in diverse areas such as psychology, sustainable-energy engineering, theatre arts, and business analytics. Since its founding in 1851 as Santa Clara College, the university is one of the oldest operating institutions of higher learning in California.

The Management Science major at SCU Leavey School of Business is a program that introduces different challenges faced by businesses today while developing students’ knowledge, skills, and abilities to become future business leaders. Aside from acquiring interpersonal and managerial competencies, students are also taught how to properly design organizations that respond to market demands as well as how to develop organizations that can operate in complex environments. Some of the courses in the curriculum include Social Psychology of Leadership, Introduction to Entrepreneurship, Business and Public Policy, Managerial Communication, and Project Management. For more details about the program, go to scu.edu.

Acceptance Rate

48.82

Student to Faculty Ratio

10:1

University of California - Santa Barbara (UCSB) is a public research university located roughly 100 miles northwest of Los Angeles. The palm-lined, 1,000 plus acre campus is situated along the Pacific Ocean, with views of the ocean and Santa Ynez Mountains.

A part of the prestigious University of California system since 1944, UCSB has been named one of America's best colleges, and has frequently ranked as one of its "hottest colleges" over the past 10 years. UCSB offers more than 200 degree majors at the undergraduate and graduate levels, with top programs in humanities and the arts, engineering and the sciences. It is known for its pioneering research and renowned faculty. The UCSB faculty includes multiple winners of Guggenheim and Fulbright Fellowships, and several Nobel Prize winners.

Two off-campus UCSB programs include the Education Abroad Program, and the UCSB Washington Center program, which offers students the opportunity to spend a quarter on the East Coast working in various internships in the offices of elected officials, the media and others. Continuing education is offered through UCSB Extension.

History

The University of California - Santa Barbara was originally founded as a small and independent teacher's college. It became one of the universities of the prestigious University of California system in 1944.

Academics

The academic calendar of UCSB follows the quarter format, with fall, winter and spring quarters

Colleges and Schools

  • College of Creative Studies
  • College of Engineering
  • College of Letters & Science
  • Bren School of Environmental Science & Management
  • Gevirtz Graduate School of Education

Student Life

UCSB has a very active Office of Student Life (OSL) that organizes many special activities on campus including After Dark, Student-Initiated Outreach Programming, Community Grants, Leadership Development programs, and more. Students at UCSB can join one of the hundreds of student clubs or organizations, representing a wide range of academic, social, cultural, religious and other interests.

Greek Life is an important component of student culture at UCSB, and approximately 10 percent of undergraduates belong to a fraternity or sorority.

On campus housing is available, and there are many off-campus housing opportunities available in neighboring Isla Vista or Santa Barbara.

Traditions

The UCSB school colors are gold and blue, with white as an accent color.

The mascot is the Gaucho, and the men and women's athletic teams are the UCSB "Gauchos." The inspiration for choosing as a mascot this Argentine cowboy, known as a "Gaucho," came from the Douglas Fairbanks's 1927 film The Gaucho. The female students of UCSB led a vote to change the school mascot from the original Roadrunners.

Another UCSB tradition has to do with the fans of the school's athletic teams. Known for their rowdy energy, the Gaucho "Locos" are an independent cheering group of students that attends games clad in gold t-shirts to demonstrate their school pride and support of the UCSB athletes. Loco translates as "crazy" in Spanish. The group's motto is "Unleash the Loco."

Athletics

The UCSB "Gauchos" athletic teams compete in several intercollegiate sports, including:

Men's Sports:

  • Baseball
  • Basketball
  • Cross County
  • Golf
  • Soccer
  • Swimming and Diving
  • Tennis
  • Track and Field
  • Volleyball
  • Water Polo 

Women's Sports:

  • Basketball
  • Cross Country
  • Indoor Track
  • Soccer
  • Softball
  • Swimming and Diving
  • Tennis
  • Track and Field
  • Volleyball
  • Water Polo

Satellite Campuses

UCSB has its main campus in Santa Barbara. Some courses are held in academic halls situated in neighboring Isla Vista. UCSB Extension courses are offered at convenient locations throughout Santa Barbara and Ventura counties.

Community Life

UCSB offers students a close-knit college community. Many students live on campus or within walking or cycling distance from campus, and have easy access to many athletic, social, cultural, recreational and academic events and activities. The UCSB campus is adjacent to the Santa Barbara and Isla Vista communities. Both cities offer additional housing, and a host of recreational, cultural and entertainment activities. The area is very scenic, and many parks, beaches and cycling trails offer opportunities for enjoying the outdoors.

Acceptance Rate

29.56

Student to Faculty Ratio

22:1

Considered as the flagship institution of the University System of Maryland, the University of Maryland (UM) - College Park is a public research university in College Park, Maryland founded in 1856. The university aims to provide excellent teaching, research, and service to the community by being the national center for research within and beyond Maryland.

UM’s College Park Robert H. Smith School of Business features its Operations Management and Management Science major in its Ph.D. programs under the Department of Decisions, Operations and Information Technologies.  The program covers both analytical and empirical research to help managerial decision-making as well as design and management of an organization's systems and processes through models and algorithms. Read more of the program at rhsmith.umd.edu.

Acceptance Rate

44.18

Student to Faculty Ratio

18:1

The University of Georgia (UGA) is one of the oldest public land-grant research universities in the United States with its main campus located in Athens, Georgia. Chartered in 1785 by the state of Georgia, UGA continues to provide quality education, hands-on learning, and extensive research to its students as well as extensive outreach to the community.

The BBA in Management Science at UGA’s Terry College of Business is an undergraduate program where students are exposed to the roles of management in various areas like strategic management, organizational behavior, and operations management. These three areas help students to understand the factors affecting an organization and create ways on how to improve strategies, human resources, and operations. There are two available areas of emphasis which include Human Resource Analytics and Operations/Supply Chain Management. The college also offers a full-time Master of Business Administration in Operations Management as well as a Doctor of Philosophy in Management. For more details about the program, go to terry.uga.edu.

Acceptance Rate

45.3

Student to Faculty Ratio

17:1

What will I Learn in a Management Science Program?

Students can expect to learn a great deal of topics within business management, statistics, and economics during the program. A few highlights of a typical MS program include the skills to:

  • Translate myriad economic problems into mathematical models and communicate solutions to stakeholders in economic and financial terms
  • Apply formal statistical methods to analyze data to shed light on real world problems
  • Create and use various optimization models to market, consumer, and producer situations
  • Leverage game theory to help understand human and organizational behavior
  • Utilize foundational econometric methods to better understand uncertainty through the use of regression analysis to infer relationships and predict future events
  • Thoughtfully interpret a wide variety of empirical studies and data
  • Design, analyze, and solve multivariant economic models
  • Accurately value assets & liabilities given uncertain market conditions

Top Management Science Degrees

Degree programs in this field of study will cover many functional areas of business management with a focus on the quantitative aspects versus a traditional business administration track.  Students will learn to leverage a number of quantitative methods to prudently allocate scarce resources in a variety of companies and industries.  Degree programs span from certificate programs to undergraduate degrees to graduate degrees in this field of study.  Below you will find a summary of each along with means to connect to accredited colleges and universities offering these specific degree programs.

Management Science Certificate Programs

Certificate programs are assembled in a way to provide students with a substantive amount of information in a condensed timeframe.  A certificate program can be focused on a specific area of management science or take a more broad-based approach to the study.  Whether in a classroom or online, certificates in management science may be available from a number of accredited colleges and universities.  Certificates can be completed in as few as six months up to two-years of full-time study dependent on the program’s emphasis and your course load semester over semester.

Management Science Bachelor Degrees

Online bachelor degrees in management science can be earned from a variety of colleges and universities around the country.  Bachelor degrees are created to take 4-years to complete with accelerated degrees available to qualifying students.  The bachelor’s degree can be conferred as a Bachelor of Arts (BA) or a Bachelor of Science (BS) as a function of the focus of the program.  Students are expected to take a clustering of general education classes such as communications, English composition, philosophy, and psychology along with core classes.

The core curricula you may find in a bachelor degree program will vary from school to school.  However, there will be substantive overlap from program to program that is worth noting.  A common set of coursework in management science include the following classes:

  • Economics
  • Financial Reporting
  • Business Law
  • Managerial Accounting
  • Statistics for Economics
  • Managerial Finance
  • Applied Calculus for Business
  • Fundamentals of Microeconomics
  • Fundamentals of Macroeconomics
  • Human Resource Management
  • Principles of Management
  • Information Systems
  • Marketing Essentials
  • Strategic Management
  • Operations Management
  • Organizational Behavior
  • Business Ethics
  • Entrepreneurship

Management Science Master Degrees

Master degrees in management science are graduate programs that focus on the quantitative aspects of managing a business and its resources.  A master degree can be conferred as a Master of Business Administration or MBA.  Programs will vary from school to school but will often require 1-2 years of full-time study to complete.  Part-time students can expect the program to take longer as a function of the school’s curricular requirements and your course load during matriculation.  Graduates from the program can expect to launch a career in a variety of public or private corporations or continue on to earn a PhD in business or similar discipline.

Skills & Abilities Required in Management Science

  1. Speaking
  2. Writing
  3. Speech Clarity
  4. Oral Expression
  5. Instructing
  6. Reading Comprehension
  7. Active Listening
  8. Oral Comprehension
  9. Speech Recognition
  10. Written Comprehension
Schools Other Students Requested Information From:

Employment Information & Management Specializations

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 Managerial 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.

The Management Science Association (MSA) is a national association that has provided key tools and resources for students and working professionals for decades. For resources outside academia, consider visiting the MSA and learn more about their organization.

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