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  • 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 subjectsUnits
    6.041 or 18.440Probability12
    14.01 or 15.016Microeconomics12 or 9
    15.053 or 15.058*Optimization Methods12
    15.075  or 18.443Statistics12

    No 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.)Units
    Finance
    15.411Finance Theory I9
    15.433Investments9
    15.437Options and Futures Markets9
    15.450Analytics of Finance9
    Information Technologies
    15.567The Economics of Information: Strategy, Structure and Pricing9
    Marketing
    15.812Marketing Management9
    15.818Pricing9
    Operations Management
    15.761Introduction to Operations Management9
    15.762Supply Chain Planning6
    15.763Manufacturing System and Supply Chain Design6
    15.770Logistics Systems12
    Operations Research / Statistics
    15.062Data Mining: Finding the Data and Models that Create Value6
    15.068Statistical Consulting9
    15.071The Analytics Edge9
    15.073Logistical and Transportation Planning Methods12
    15.074Predictive Data Analytics and Statistical Modeling12
    System Dynamics
    15.871Introduction to System Dynamics6
    15.872System Dynamics II6
    15.875Applications of System Dynamics9
    Transportation
    15.054The Airline Industry12

     
    MIT Sloan Bidding

    MIT 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 the
    MIT 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.