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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Eastern Illinois University (EIU)

816 S Michigan Ave, Chicago, IL

Eastern Illinois University provides a variety of program options for students to assist them in their growth and development. The school is located in Charleston, IL and publically funded. Approximately twelve thousand students are enrolled yearly at Eastern Illinois University.

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

• Education
• Liberal Arts And Sciences
• Communications And Journalism
• Recreation And Fitness Studies

The admissions process begins with the submission of an application, transcripts, and standardized test scores, which are then reviewed by admissions officials. Most students accepted to EIU score in a range of 19 to 23 on the ACT exam. EIU has an admissions rate of about 68 percent of which only 29 percent chose to attend. More information regarding admissions can be found at eiu.edu.

Tuition & fees at Eastern Illinois University vary for in-state and nonresidents. In-state tuition costs approximately $11,000 per year with out-of-state tuition costing $28,000 annually. Some students at this school may qualify for financial aid, which is typically offered in the form of loans, grants, scholarships and work study programs.

The EIU "Panthers" have a number of intercollegiate athletic programs through participation in the NCAA. Athletic programs available:

• Baseball (NCAA Division I-AA)
• Basketball (NCAA Division I-AA)
• Track & Field (NCAA Division I-AA)
• Football (NCAA Division I-AA)
• Golf (NCAA Division I-AA)

Students may visit the Eastern Illinois University website to get a complete list of areas of study, programs, financial aid details, and more.

Students Enrolled in the Management Science Program

Get more details below regarding enrollment, academics, and school demographics. Eastern Illinois University offers a bachelor's degree program in management science.

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

Salary & Wages

• Chicago-Naperville-Arlington Heights, IL Metropolitan Division
  • Total Employment: 4
  • Average Hourly Rate: $41.18
  • Average Annual Salary: $85660
• Gary, IN Metropolitan Division
  • Total Employment: 40
  • Average Hourly Rate: $43.44
  • Average Annual Salary: $90360
• Lake County-Kenosha County, IL-WI Metropolitan Division
  • Average Hourly Rate: $36.58
  • Average Annual Salary: $76090

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