Minor in Management Science The Minor in Management Science introduces undergraduates in other MIT majors to the techniques of quantitative business analysis and their application to practical problems.This minor comprises four required subjects and two electives. The required subjects are the following:Required subjectsUnits6.041 or 18.440Probability1214.01 or 15.016Microeconomics12 or 915.053 or 15.058*Optimization Methods1215.075 or 18.443Statistics12No other substitutions will be permitted.The two electives in the Minor in Management Science, unlike the Minor in Management, must be chosen from a list of restricted electives (below). Each subject must carry at least nine units of credit. Two six-unit subjects count as a single elective. No substitutions or alternative electives will be permitted.Restricted Electives (Two six-unit subjects count as one full subject.)UnitsFinance15.411Finance Theory I915.433Investments915.437Options and Futures Markets915.450Analytics of Finance9Information Technologies15.567The Economics of Information: Strategy, Structure and Pricing9Marketing15.812Marketing Management915.818Pricing9Operations Management15.761Introduction to Operations Management915.762Supply Chain Planning615.763Manufacturing System and Supply Chain Design615.770Logistics Systems12Operations Research / Statistics15.062Data Mining: Finding the Data and Models that Create Value615.068Statistical Consulting915.071The Analytics Edge915.073Logistical and Transportation Planning Methods1215.074Predictive Data Analytics and Statistical Modeling12System Dynamics15.871Introduction to System Dynamics615.872System Dynamics II615.875Applications of System Dynamics9Transportation15.054The Airline Industry12 MIT Sloan BiddingMIT Sloan uses a course bidding system to determine enrollment in graduate courses. Students should pre-register and bid for every MIT Sloan graduate subject they wish to take the following term. Students enrolled in the Minor in Management Science will be given MIT Sloan student priority for graduate subjects on the list of restricted electives above.Students who wish to take undergraduate subjects (those designated as “U” in theMIT Subject Listing and Schedule) should pre-register for them as they would any other MIT course. (Bidding is not necessary.) For additional information about the bidding process, visit the MIT Sloan Bidding site. * Additional information about these courses can be found on Prof. James Orlin’s web pages.