The Business Analytics and Operations Research concentration provides students with scientific, mathematical, and engineering approaches that promote effective and informed managerial decision-making. As part of the Management Science major, students learn fundamental analytical methodologies including optimization, probability, and statistics. Students in the BAOR concentration have opportunities to master additional analytical skills such as artificial intelligence, data mining, forecasting, game theory, risk analysis, and systems dynamics. Students also have the opportunity to learn where these analytic techniques can be effectively employed, such as in manufacturing systems, supply chain management, transportation planning, health care management, and engineering design.
The curriculum below has been updated for the Class of 2014. Students in the Classes of 2012 and ’13 have the option of completing this curriculum or the previous version. (In the previous version, 15.053 and 15.761 were not required subjects, 15.053 did not count toward the concentration, and students were required to take at least two full electives taught within Course 15.)
|15.053*†||Optimization Methods in Management Science||12|
|15.761*||Introduction to Operations Management||9|
|Plus two full subjects from the following list (two six-unit subjects count as one elective)||Units|
|2.852||Manufacturing Systems Analysis||12|
|6.046||Design and Analysis of Algorithms||12|
|6.938||Engineering Risk-Benefit Analysis||12|
|14.12||Economic Applications of Game Theory||12|
|15.025||Game Theory for Strategic Advantage||9|
|15.034||Data Analysis for Management||9|
|15.062||Data Mining: Finding the Data and Models that Create Value||6|
|15.071||The Analytical Edge||9|
|15.073||Logistical and Transportation Planning Methods||12|
|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|
|15.875||Applications of System Dynamics||9|
Prof. James Orlin provides a list of additional OR electives and information about the concentration on his OR Concentration site.
* 15.053 and 15.761 also satisfy departmental requirements.