Business Analytics and Operations Research (BAOR)

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.)

Required subjects Units
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
6.034 Artificial Intelligence 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
15.068 Statistical Consulting 9
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
15.770 Logistics Systems 12
15.871 Introduction to System Dynamics 6
15.872 System Dynamics II 6
15.875 Applications of System Dynamics 9
18.433 Combinatorial Optimization 12

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.

† Students may use 15.058 as a substitution for 15.053. Additional information about these courses can be found on Prof. James Orlin’s web pages.