Management Science Degree

Management Science commonly referred to as MS is an interdisciplinary field of study focused on decision making and problem solving within the context of a business organization. MS has deep links to a variety of business disciplines such as: business management, leadership, organizational development, engineering, science, psychology, and business. Get more details below including other Illinois colleges that offer management science degrees.

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Illinois Institute of Technology (IIT)

305 N West Street, Olney, IL

Illinois Institute of Technology provides a variety of degree programs for students to assist them in their growth and development. The school is located in Chicago, Illinois and operated as a private institution. Enrollment at Illinois Institute of Technology is nearly 7,800 per year.

A list of some of the more popular programs offered are:

• Legal Professions And Studies
• Engineering
• Business And Marketing Studies
• Computer And Information Sciences

To be considered for admissions, applicants may be asked to complete an application, write a personal statement, and submit school records, which are then reviewed by admissions staff. Most common scores among students accepted to IIT are in the range of 24 - 31 on the ACT, or 1666 - 1988 on the SAT. 64% of those students that apply are accepted to IIT, of which 29% choose to enroll. More information regarding admissions can be found here.

The cost of tuition is close to $38,000, but may change per year. Students are encouraged to use the school's price of attendance calculator to better understand their cost of attending this school. Housing is available on-campus for students. The yearly cost of housing is around $5,900. Financial aid may be offered to students that meet the required requirements.

The Illinois Institute of Technology Scarlet Hawks participate in several intercollegiate athletic programs, as part of the NAIA organization. Athletic programs offered include:

• Baseball (NAIA Division I)
• Track & Field (NAIA Division I)
• Soccer (NAIA Division I)
• Swimming and Diving (NAIA Division I)

To see a full list of academic programs offered, enrollment information, student services, and more, please take a look at the school's website at http://www.iit.edu.

Students Enrolled in the Management Science Program

Get more details below regarding enrollment, academics, and school demographics. IIT has offered the following academic levels for students:

• Master's Degree
• Doctorate Degree

Students by Academic Level (2019)

Students by Gender (2019)

Students by Race (2019)

Source: IPEDS Survey 2012-2020: Data obtained from the US Dept. of Education's Integrated Postsecondary Education Data System (IPEDS). Data may vary depending on school and academic year.

Career Options for Graduates

Chief Executives

Description

Determine and formulate policies and provide overall direction of companies or private and public sector organizations within guidelines set up by a board of directors or similar governing body. Plan, direct, or coordinate operational activities at the highest level of management with the help of subordinate executives and staff managers.

General and Operations Managers

Description

Plan, direct, or coordinate the operations of public or private sector organizations. Duties and responsibilities include formulating policies, managing daily operations, and planning the use of materials and human resources, but are too diverse and general in nature to be classified in any one functional area of management or administration, such as personnel, purchasing, or administrative services.

Operations Research Analysts

Description

Formulate and apply mathematical modeling and other optimizing methods to develop and interpret information that assists management with decision making, policy formulation, or other managerial functions. May collect and analyze data and develop decision support software, service, or products. May develop and supply optimal time, cost, or logistics networks for program evaluation, review, or implementation.

Career Outlook & Projections ()

According to the BLS, operations research analysts employment is expected to grow at a rate of 30.2% from 2014 to 2024

Source: Job descriptions, estimated salary and wages, and projected job growth are taken from the Bureau of Labor Statistics (BLS).