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Management Science/Operations Research
Management science is concerned with the development of mathematical models to support managerial decision-making in a wide variety of areas. Typical applications are the design and operation of distribution and production systems, financial planning models, marketing media mix decisions, and the deployment of emergency services.
The program is administered through the Interdepartmental Committee on Operations Research, which consists of faculty from the Graduate School of Business, the School of Engineering and Applied Science, and the Graduate School of Arts and Sciences.
The primary objective of the program is to develop a student's ability to do original research. Thus a major portion of the program is the preparation of a doctoral dissertation, which is written under the close supervision of faculty members. Preparatory course work is used to develop the necessary methodological tools as well as to provide an understanding of problems and issues in the application area. Candidates with a relevant master's degree can expect to complete the program in three to four years. Those with a bachelor's degree will normally take four years.
Students concentrating in management science take methodological courses in optimization and stochastic processes, courses in the methodology of operations management and may take electives from other divisions and departments. The subject of the dissertation may be a contribution to the methodology of the field, an application to a significant applied problem or a combination of the two. The format and requirements of this program are somewhat different from those of other programs in the Business School.