Master of Science in Management Science
The Master of Science in Management Science (MS MSc) is a 36 semester credit hours STEM (Science, Technology, Engineering and Mathematics) degree program. It is the most flexible and customizable degree program so students may choose their own course of study, selecting a variety of graduate courses and concentrations offered by JSOM to satisfy the elective requirements.
- Design a customized program of study that fits your specific needs
- Market demanded core courses that forms the today’s business Management
- Select any graduate elective courses offered by JSOM
- Select any concentration to gain an in-depth knowledge of a specific business area
- Convenient class scheduling, including online classes
- Apply for graduate scholarships and international study trips
- Personalized career coaching
To apply for MS in Management Science degree program, an undergraduate business degrees is not required (all undergraduate majors welcome).
- Connect with the Director
- Degree Plan
Do you want to acquire highly marketable managerial and technical expertise in less than 24 months? The MS in Management Science (STEM) degree program may fit your needs very nicely. Unlike most of the masters in management degree programs, which have specific course requirements, the MS in management Science degree program allows students to choose their own course of study. The goal of the Masters in Management Science degree 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.
MS MSc Degree Plan (STEM)
The Master of Science in Management Science (MS MSc) degree program requires a minimum 36 semester credit hours of management course work beyond prerequisite courses. Classes are offered on-campus or online which are especially suitable for students working full-time or part-time jobs. Work or educational experience in management is highly desirable but not required. Students also can obtain a dual MS MSc and MBA degree by successfully completing a minimum of 63 semester credit hours (if all prerequisites are met).
MS MSc 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.
Core Courses (10 semester credit hours)
Students must satisfactorily complete the following 10 semester credit hours:
- 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)
Students may choose elective courses based on their interests from areas such as Accounting, Finance, Business Analytics, Healthcare or Information Technology Management by consulting with the program director or the JSOM advising office.
MS MSc Concentrations
Students in the MS in Management Science degree program are encouraged to consider concentrations to gain an in-depth knowledge in a specific area or business discipline. Concentrations provide opportunities for students to further advance their ability to analyze, communicate, incorporate theory into practice and develop the critical decision making skills necessary to succeed in a global economy. A typical concentration has a minimum of 15 semester credit hours in a given area.
- 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.