Master of Science in Management Science
The Master of Science in Management Science (MS MAS) is a 36 semester credit hours STEM (Science, Technology, Engineering and Mathematics) degree program that allows students to design a program of study that fits their specific needs. It is the most flexible degree program so students may choose their own course of study, selecting a variety graduate courses offered by JSOM to satisfy the elective requirements. The program highlights include:
- A focused set of required management courses that form a foundation in business management for all students
- Flexibility that allows students to choose elective courses from a variety of concentrations
- Convenient class scheduling, including online classes
- 10 semester credit hours of basic core and 26 semester credit hours of elective courses
To apply for this degree program, an undergrad business degrees is not required (all undergraduate majors welcome).
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- Degree Plan
Do you want to acquire highly marketable technical expertise in just 24 months? The MS in Management Science degree may fit your needs. Unlike most of the MS degree programs, which have specific elective requirements, the MS MAS degree program allows students to choose their own course of study. The goal of the program is to help students acquire principles and techniques needed to develop creative solutions in a changing business environment, and contribute quickly to company success within their area of specialization.
At least 36 semester credit hours of management course work beyond prerequisite courses are required to earn the MS MAS degree. Students also can obtain a dual MS MAS/MBA degree by successfully completing a total of 63 semester credit hours (if all prerequisites are met).
MS MAS degree program requires only one prerequisite which is business calculus or its equivalent. Students who have not satisfied this requirement may be admitted but will need to satisfy the prerequisite within the first semester of UT Dallas class work, by taking OPRE 6303 (Quantitative Foundations of Business). Degree credit is not earned for program prerequisites, although all grades earned in graduate courses impact the cumulative GPA.
Basic Core Courses (10 semester credit hours)
Each candidate must satisfactorily complete the following 10 semester credit hour basic core:
- ACCT 6201 Financial Accounting
- MECO 6303 Business Economics
- MIS 6204 Information Technology for Management
- OPRE 6301 Quantitative Introduction to Risk and Uncertainty in Business
Elective Courses (26 semester credit hours)
The course of study beyond the core can be determined in consultation with faculty members, area coordinators, or the Advising Office. Students can continue to generalize in management courses or choose to concentrate in a given subject.
Students may choose to concentrate in one of the areas listed below that have historically been offered as defined specialties in the masters programs. Concentrations are informal collections of electives that address a student’s educational goals. A concentration may be aligned with functional area specialties, or may cut across functional areas. Typical concentrations have a minimum of 15 semester credit hours in a given area, and include:
- Business Analytics
- Electronic Commerce
- Energy Management
- Healthcare Management
- Information Technology Management
- Innovation and Entrepreneurship
- International Management
- Leadership in Organizations
- Real Estate
- Strategic Management
- Supply Chain Management
- Systems Engineering and Management
In today’s global and technology-driven environment, managers need skills to effectively analyze accounting information and make value-enhancing decisions. Students may select accounting courses to concentrate in financial analysis, consulting, corporate governance and tax management. This concentration can be further refined to the areas of assurance services, taxation and internal audit.
A concentration is business analytics covers statistics and econometrics, predictive modeling, decision and optimization (prescriptive) modeling, and data management. Students are prepared for a position within Marketing Analytics, Decision and Operations Analytics, Financial Analytics, Healthcare Analytics, and IT Analytics.
The Energy Management concentration will provide students with skills critical to managerial decision making within energy companies, focusing on supply chain, operations, finance, and risk management.
Students can prepare for careers in corporate finance, investment management, or the management of financial institutions. Courses in this area emphasize creative solutions to business financing problems, the development of value maximizing investment and financing strategies, and the analysis and management of fixed income and equity investments. Students may choose to concentrate in either corporate financial planning or the analysis of financial securities and investment portfolios.
The primary goal of this concentration is to prepare students for leadership positions in healthcare organizations. The healthcare concentration is cross functional and industry focused. Courses includes cases, projects and assignments that are centered around applying management skills to healthcare issues and organizations. Classes are taught by faculty and healthcare executives who bring special expertise and experience to the program.
Information Technology Management
Information Technology Management: Information technology is integral to all business operations and permeates all aspects of modern business and our courses will enable students to fully utilize information technology to solve business problems and gain strategic advantage. Advanced courses provide skills necessary for the “supply” side of information technology for IT consulting, software management and e-business.
Innovation and Entrepreneurship
The concentration in Innovation and Entrepreneurship prepares students for successful business careers in entrepreneurial new ventures, entrepreneurial finance (venture capital/private equity), or innovation-related roles in mature organizations (product planning, product marketing, product development, etc.). The concentration permits students to pursue electives in either the new venture focus area or the innovation within the corporation focus area.
In today’s global economy, there is a need to develop skills in various international business environments. Students can take a multidisciplinary approach to study the international management, with courses in finance, marketing, strategic management, legal and cross-cultural management. These integrate concepts and theories with international policies and business practices and prepare students to succeed in developing successful international ventures.
Leadership in Organizations
The leadership concentration prepares students for management positions through the study of the psychological, sociological and organizational behavior disciplines. The program provides a foundation of leadership theory, building and problem solving in interpersonal work relationships, group dynamics, organizational decision-making and change and ethics.
Students learn to understand customers’ needs and purchase behaviors, how to satisfy those needs, and how to make a profit in competitive industries and markets. Topics include developing an effective marketing strategy, developing new products and managing different brands and product categories. Students can also acquire expertise in pricing, advertising and promotions, market research, and retailing strategies.
Supply Chain Management
Students specializing in supply chain management gain an analytical understanding of how to leverage profits by continuously improving business processes. Effective integration of customers, suppliers, factories and stores through the coordination of various functional areas (marketing, finance, procurement) is an important theme. The area emphasizes using incentives, contracts and information technologies to foster efficiency and success.
This concentration emphasizes organizational behavior and theory, and human resources management. Students learn how to effectively integrate and leverage human resources to create sustainable advantages in a competitive marketplace. Courses chosen in this area integrate a wide variety of disciplines, including economics, organization theory, finance, psychology, and sociology.
The real estate concentration will provide students with both a practical and educational bases to become skilled decision-makers within the industry. This concentration includes courses in real estate finance and capital markets, covering real estate loans, syndication, securitization, regulation, investment and analysis, combining lectures and case studies to explore the sources of real estate value, project feasibility, strategies for financing, and portfolio management while covering market analysis, government approvals, financing and risk assessment.
This concentration focuses on corporate level strategic management, including implementation of strategic designs, top management team leadership, the strategic implications of the social, governmental, technological and international environments, organization structuring and strategic alliances. Students will learn how to integrate accounting, finance, economics and organization theory to create sustainable competitive advantage.
Systems Engineering and Management
The concentration is designed to meet the need for formalized education in design, engineering and management of complex systems involving a large number of interconnected components. It will develop a broad range of engineering and managerial skills that trains students to be managers of large projects that require expertise in both technical and managerial disciplines.