Major Overview

Do you ever wonder who make the tough decisions in business? Who decides where investment will go, if employees can be hired or prices altered? Students who major in Management Sciences and Quantitative Methods will learn how to use business and scientific techniques in order to make decisions, design systems, and solve problems for business.

Be prepared to study applications of data warehousing, data mining, programming, forecasting and operations, and statistical modeling in order to research these problems for various organizations.

There are two concentrations within this major: Business Statistics, and Actuarial Science. While focusing on this major, you will be taking courses in systems analysis and design, research methods, finance, statistics, marketing, and business administration and management.

Required Skills

This is a great major a student with an analytical mind who loves solving problems. In your college work, as well as your career, you will be faced with a number of complex issues that you will need to use creativity and logic to overcome. Many of your projects will involve group work. Learn to improve your communication skills to achieve success.

Being comfortable with computers and technology will also help you. There is opportunity to gain a Master in Management Sciences and Quantitative Methods if you decide to further your education.

Careers

There are a few different career options for graduates with a degree in Management Sciences and Quantitative Methods. They find work in a variety of companies doing research, improving efficiency and developing better work systems.

Some jobs that graduates work at are Computer Systems Analysts, Operations Research Analysts, Statisticians, Management Consultants, and Financial Analysis. All of these career options work with businesses to solve problems and create strategies to better their company. You will be working closely with different management teams and working with their data and software.

The average starting salary for someone with a degree in Management Sciences and Quantitative Methods is $43,764 with a mid-career salary of $75,861.

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Major at a Glance

Top statistics for this major

College Ranking by Major

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Yearly Graduations
 5,774
Average Starting Salary
$43,764
Average Mid-Career Salary
$75,861

Example Careers

Here is a small sample of the careers that a degree in Management Sciences & Quantitative Methods might open up.

Actuaries
Business Teachers, Postsecondary
Chief Executives
General and Operations Managers
Insurance Underwriters
Mathematical Science Teachers, Postsecondary
Operations Research Analysts
Statisticians
Survey Researchers
Salary data is estimated by College Factual using 2013 data provided by PayScale.
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