Management Science Degree Job Opportunities

Management science degree programs allow students to pursue an education in business as well as analysis and math. By completing a degree program in this discipline, a student can pursue a career as an operations research analyst, management analyst, or a top business executive.

Management Science Degree Programs

Management science degrees help students to prepare to solve business problems and to make the best management decisions for their organizations. Most of these programs are bachelor degree levels, but associate and master’s degrees are also available in management science. The two most common degrees are the Bachelor of Business Administration (BBA) and Master of Business Administration (MBA), but some universities may also offer doctoral degrees. Students pursuing a degree in management science will need to complete course work in:

  • Macroeconomics
  • Financial principles
  • Accounting principles
  • Management strategy and principles
  • Calculus
  • Business math
  • Algebra
  • Organizational theory
  • Organizational behavior

By completing a degree in management science, a student will be prepared to find employment as an operations research analyst, management analyst, or a top business executive.

Operations Research Analyst Job Opportunities for Management Science Degree Graduates

Organizations that need to solve problems by examining the practices of management may wish to employ an operations research analyst. These professionals may also be referred to as management analysts, and they input information to find out how factors affect the problems that are being studied. Operations research analysts define data requirements and gather information. They also study and analyze information about alternative courses of action to determine which plan will offer the best outcomes. Operations research analysts will also need to have strong computer and communication skills, and most often they are required to hold a master’s degree. This is another field that offers a lucrative compensation package, with individuals making a median annual salary of $60,610 in 2009. This career field is also expected to see strong growth and a number of new job opportunities in the near future.

Management Analyst Job Opportunities for Management Science Degree Graduates

Management analysts are concerned with increasing efficiency and solving organizational problems in order to develop more effective organizational practices. They are responsible for analyzing information that is found on financial statements, business reports, and employee comments in order to provide solutions for business struggling with management issues. Most of these individuals work for firms and are contracted out to organizations on a temporary basis, or they can be self-employed. They may also choose to specialize in one area, such as:

  • Marketing
  • Accounting
  • Transportation

Management analysts interview personnel and conduct observations on-sit to understand the methods, personnel, and equipment used in an organization. They also design and evaluate changes of forms and reports. The median annual salary for a management analyst in 2009 was $75,250, and the job outlook for this career is expected to increase in the coming years.

Executive Job Opportunities for Management Science Degree Graduates

Top level executives are required to have excellent interpersonal skills and strong backgrounds in business and management. Examples of executive positions that a business manager can obtain include:

  • Chief financial officer (CFO)
  • Operations manager
  • Chief executive officer (CEO)
  • Chief information officer

Executives negotiate or approve contracts and agreements with government agencies, suppliers, and distributors. They may also appoint department managers and heads. These individuals typically initiate large strategies with the help of a number of support workers that carry out orders to other divisions within the organization. Most top executives earn well over $100,000 a year, but CEOs in the highest organizations can even earn more than that.

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