The Minor in Management provides students in other MIT majors with an understanding of the economic, business, social, and organizational dimensions of scientific and technological enterprise.
The Minor in Management comprises four required subjects and two electives. The required subjects are the following:
| Required subjects | Units | |
|---|---|---|
| 15.668
or 15.301 |
People and Organizations Managerial Psychology Laboratory, provided that it is taken after Fall 2008 |
9 15 |
| And the following three subjects: | ||
| 14.01 | Principles of Microeconomics | 12 |
| 15.501 | Corporate Financial Accounting | 12 |
| 15.812 | Marketing Management | 9 |
No substitutions will be permitted for these subjects.
Students may choose for their electives any two Sloan subjects normally open to MIT undergraduates. UROP, Special Studies, Special Seminars, or general-elective transfer credit may not be used. Each subject must carry at least nine units of credit. Two six-unit subjects count as a single elective. 15.301 can be used as an elective only if it was taken prior to Spring 2009. 15.310 and 15.668 may NOT be used as electives. Students may use 18.443 as a substitution for 15.075, provided it is taken at MIT rather than by transfer credit. No other substitutions will be permitted. The following Sloan subjects are recommended as electives:
| Recommended Electives (two six-unit subjects count as one elective) | Units | |
|---|---|---|
| Behavioral Science | ||
| 15.223 | Global Markets, National Policies and the Competitive Advantages of Firms | 6 |
| 15.665 | Power and Negotiation | 9 |
| 15.667 | Negotiation and Conflict Management | 9 |
| 15.670 | Leadership and Change | 6 |
| Finance and Accounting | ||
| 15.401 | Finance Theory I | 9 |
| 15.521 | Management Accounting and Control | 9 |
| 15.535 | Business Analysis Using Financial Statements | 9 |
| Information Technologies | ||
| 15.567 | The Economics of Information: Strategy, Structure and Pricing | 9 |
| Management Science | ||
| 15.053 | Optimization Methods in Management Science | 12 |
| 15.054 | The Airline Industry | 12 |
| 15.761 | Introduction to Operations Management | 9 |
| 15.762 | Supply Chain Planning | 6 |
| 15.763 | Manufacturing System and Supply Chain Design | 6 |
| 15.871 | Introduction to System Dynamics | 6 |
| 15.872 | System Dynamics II | 6 |
| Marketing | ||
| 15.821 | Listening to the Customer | 6 |
| 15.822 | Strategic Market Measurement | 6 |
| Technology, Innovation and Entrepreneurship | ||
| 15.354 | Innovation and Entrepreneurship: How to Do it | 9 |
As a general rule, students must pre-register and bid for every Sloan subject they wish to take the following term. Sloan students receive a higher bidding priority than other MIT students to ensure they will be able to complete their programs.
Students enrolled in the Minor in Management will be given Sloan student priority for Sloan subjects that are required for the minor and for the recommended electives listed above. They will receive the priority of interdepartmental students for all other Sloan subjects.
For additional information about the bidding process, visit the Sloan Bidding site.
Students learn critical skills in negotiation, teamwork, and leadership in 15.668.