Graduate degrees: M.S. in business analytics; management sciences subprogram for the Ph.D. in business administration
Graduate certificate: business analytics
The Department of Management Sciences specializes in using advanced computation and mathematical techniques to solve critical business problems. Its strengths in research and instruction include operations management, business analytics, information systems, and quantitative methods.
The department offers the undergraduate major in business analytics and information systems, with tracks in business analytics and information systems. Off-campus offerings include the Master of Science in business analytics, a graduate Certificate in Business Analytics, and the subprogram in management sciences that leads to the Doctor of Philosophy in business administration.
The department collaborates with the Professional M.B.A. Program to offer a joint M.S./M.B.A. degree. Separate application to each degree program are required. Applicants must be admitted to both programs before they may be admitted to the joint degree program.
In addition, the department administers the Business Analytics Career Academy in the M.B.A. program; see Master of Business Administration Program in the Catalog.
Undergraduate Program of Study
Graduate Programs of Study
- Master of Science in Business Analytics
- Management sciences subprogram for the Doctor of Philosophy in Business Administration
Management Sciences Courses
MSCI:1300 First-Year Seminar1 s.h.
Small discussion class taught by a faculty member; topics chosen by instructor; may include outside activities (e.g., films, lectures, performances, readings, visits to research facilities).
MSCI:1500 Business Computing Essentials2 s.h.
Basic proficiency with common business application software (word processing, spreadsheet, presentation software, database); simulation training to achieve requisite skills; additional support available via optional textbook or ebook; online, modular, self-taught course.
MSCI:2800 Business Analytics3 s.h.
Introduction to business decision making using data; students transform data into Insight using visualization, statistics, and optimization; introduction to Excel as a tool for business analytics. Prerequisites: (STAT:1030 or STAT:2010 or STAT:2020 with a minimum grade of B or STAT:3100 or STAT:3101 or STAT:3120 or STAT:3510 with a minimum grade of B or STAT:4100 or BIOS:4120 or PSQF:4143 with a minimum grade of B) and (MATH:1380 or MATH:1460 or MATH:1550 or MATH:1850 or MATH:1860) and (MSCI:1500 or CS:1020).
MSCI:3000 Operations Management3 s.h.
Strategic, tactical, operational issues that arise in management of production and service operations; product and process design, facilities planning, quality management, materials management, operations planning and scheduling, emerging technologies in production and service management. Prerequisites: STAT:2010 or STAT:3120 or STAT:3101 or STAT:2020 with a minimum grade of B or STAT:3510 with a minimum grade of B or BIOS:4120 or STAT:3100 or PSQF:4143 with a minimum grade of B or STAT:1030 or STAT:4100. Requirements: junior standing.
MSCI:3005 Information Systems3 s.h.
Application of computing principles to solving business problems; information technology in modern organizations; focus on sound data analysis to support decision making; tools used for problem solving (spreadsheets, databases, web applications); role of information systems in organizations; components of information technology; Internet and network economy; basic data analysis and visualization; decision-making logic represented as algorithms; perform what-if analysis with data; emerging technologies. Prerequisites: MSCI:1500 or CS:1020.
MSCI:3020 Business Programming3 s.h.
MSCI:3025 VBA Spreadsheet Programming3 s.h.
MSCI:3030 Business Process Analysis3 s.h.
Data-driven approach to improve business processes; value-stream map analysis of industrial and service-oriented business processes to identify improvement opportunities; discrete-event simulation tools utilized to model business processes and demonstrate effect of variability on process performance metrics; role of information systems to increase an organization's efficiency and sustainability; application of lean principles to support environmental integrity and economic viability; meets a requirement for the sustainability certificate. Prerequisites: MSCI:3000.
MSCI:3070 Management Sciences Topicsarr.
Special topics in management sciences and information systems.
MSCI:3100 Accounting Information Systems3 s.h.
Application of computer technology to accounting and transaction processing systems; information systems infrastructure and trends; problem solving with microcomputer spreadsheets, databases; accounting cycle operations. Prerequisites: (MSCI:3005 or CS:2110) and ACCT:2200 and ACCT:2100. Same as ACCT:3600.
MSCI:3200 Database Management3 s.h.
Design and implementation of a database using relational DBMS; emphasis on issues of logical and physical design, database administration, concurrency control, maintenance. Prerequisites: CS:2110 or MSCI:3005.
MSCI:3250 Analyzing Data for Business Intelligence3 s.h.
Introduction to methods and tools of processing, manipulating, analyzing, and visualizing data for descriptive analytics and insights that can aid business decision making. Corequisites: MSCI:3200.
MSCI:3300 Software Design and Development3 s.h.
Design and implementation of an information system; emphasis on programming and stages of software design life cycle, implemented using UML. Corequisites: MSCI:3020, MSCI:3030, and MSCI:3200; if not taken as prerequisites.
MSCI:3400 Data Communications3 s.h.
Computer communications: computer-communication system, hardware, data transmission principles; examples of existing communication networks; related managerial issues. Prerequisites: MSCI:3005 or CS:2110.
MSCI:3500 Data Mining3 s.h.
Introduction to predictive analytics methods motivated by problems in operations, marketing, finance and accounting; data and text mining techniques, including classification, clustering, and association analysis. Prerequisites: STAT:2020 with a minimum grade of B or ECON:2800 or STAT:4101 or ECON:4800.
MSCI:3800 Optimization and Simulation Modeling3 s.h.
How to leverage data and apply spreadsheet optimization software and Monte Carlo simulation to form optimal decision policies. Prerequisites: STAT:4101 or ECON:4800 or ECON:2800 or STAT:2020 with a minimum grade of B.
MSCI:3920 Supply Chain Management3 s.h.
Key issues in design and management of global supply chains; issues in integration of business processes across organizations that are concerned with movement of goods, delivery of services, and information flow along the supply chain in order to create value for the customer; issues in coordinating production and logistics within a firm and with outside suppliers and customers in the supply chain. Prerequisites: MSCI:3000.
MSCI:4020 Android Development3 s.h.
Building mobile applications for the Google Android platform; topics include history and architecture of the Android operating system, Android SDK Tools and best practices; creating Android applications using the Java programming language, and packaging the applications for deployment in the Android marketplace. Prerequisites: MSCI:3020 or CS:3210 or CS:1210 or CS:2110.
MSCI:4050 Directed Readingsarr.
MSCI:4150 Business Analytics Capstone3 s.h.
Individual or team senior project incorporating track-specific knowledge and skills from business analytics curriculum; projects from real-world customer involving descriptive, predictive, and prescriptive; outcomes include client presentation and project report. Prerequisites: MSCI:3030 and MSCI:3250 and MSCI:3500.
MSCI:4220 Advanced Database Management and Big Data3 s.h.
Advanced database management topics; basics of semi-structured data and web services; how to retrieve real-world big datasets from web services; use of SQL and PL/SQL to analyze data in relational databases; big data related topics such as Hadoop and Hive. Prerequisites: MSCI:3200.
MSCI:4250 BAIS Capstone Project3 s.h.
Individual or team senior project incorporating track-specific knowledge and skills from BAIS curriculum; projects from real-world customer, (e.g., software system, network design/implementation or data/process analysis); outcomes include written documentation, presentation, project report. Prerequisites: MSCI:3030 and (MSCI:3500 or MSCI:3300) and MSCI:3200. Requirements: 90 s.h. completed.
MSCI:4280 Data Security3 s.h.
Data and network security; techniques to ensure confidentiality, integrity, and availability of information and assets; high-level view of information assurance including introductory concepts, physical security, access controls, attacks, and defenses; management issues surrounding information security, current topics, and ethical scenarios; students change their perspective from IT administrator to CEO to casual home user to hacker, gain an awareness of a broad range of topics, and develop a security mindset regardless of their career choices.
MSCI:4350 Information Systems Capstone3 s.h.
Individual or team senior project incorporating track-specific knowledge and skills from information systems curriculum; projects from real-world customer involving development of software applications and information system infrastructure; outcomes include written documentation, presentation, and project report. Prerequisites: MSCI:3030 and MSCI:3200 and MSCI:3300.
MSCI:4480 Knowledge Discovery3 s.h.
Knowledge discovery process, including data reduction, cleansing, transformation; advanced modeling techniques from classification, prediction, clustering, association; evaluation and integration. Same as CS:4480, ECE:4480.
MSCI:4900 Academic Internshiparr.
Professional internship experience with associated academic content.
MSCI:4999 Honors Thesis in Management Sciences3 s.h.
Independent student project directed by faculty or staff advisor; culminates in thesis that conforms to University Honors Program guidelines; may include empirical research, library research, applied projects. Requirements: admission to the Tippie College of Business honors program.
MSCI:6050 Data Management and Visual Analytics3 s.h.
Understanding how data is stored in databases and learning the tools used to access the data is key to creating datasets used to answer many business questions; how to manage and access data in relational databases using Structured Query Language (SQL); basic principles of visual analytics and techniques for presenting data retrieved from databases. Requirements: enrollment in graduate business analytics program.
MSCI:6060 Data Programming in R3 s.h.
Introduction to principles and practices of handling, cleaning, processing, and visualizing data using R programming language; basic programming skills that can be applied to software development in any programming language; variables and data types, control structures, functions and subroutines, arrays and other simple data structures.
MSCI:6070 Data Science3 s.h.
Underlying concepts and practical computational skills of data-mining tools including penalty-based variable selection (LASSO), logistic regression, regression and classification trees, clustering methods, principal components and partial least squares; analysis of text and network data; theory behind most useful data mining tools and how to use these tools in real-world situations; software for analysis, exploration, and simplification of large high-dimensional data sets. Prerequisites: MSCI:9100 or MBA:8150.
MSCI:6100 Text Analytics3 s.h.
Concepts and techniques of text mining; practice of using statistical tools to automatically extract meaning and patterns from collections of text documents; topics include document representation, text classification and clustering, sentiment analysis and topic modeling. Prerequisites: (MSCI:6060 or MSCI:9060) and (MSCI:6070 or MSCI:9110).
MSCI:6110 Big Data Management and Analytics3 s.h.
Introduction to advanced techniques for managing and analyzing "big" data; non-relational data models, such as semi-structured (e.g., XML) and unstructured (e.g., key-value) data; state-of-the-art big data tools for non-relational data management, such as noSQL databases and distributed databases (e.g., Hadoop); query languages such as HIVE; design and implementation of data analysis methods on these platforms; through exercises and course projects, students will be trained to use the tools introduced to implement analysis tasks on big data sets. Prerequisites: (MSCI:6050 or MSCI:9050) and (MSCI:6060 or MSCI:9060).
MSCI:6120 Analytics Experience3 s.h.
Students work in groups to complete semester-long projects pertaining to business analytics; all project stages are addressed including problem definition, data cleaning, analysis, and final presentation; appropriate tools from required courses used throughout. Prerequisites: MSCI:9100 and MSCI:9230 and MSCI:9110 and MSCI:6060 and MSCI:6070. Requirements: all CER courses and at least one master's course.
MSCI:6130 Applied Optimization3 s.h.
Use of optimization (also called prescriptive analytics or mathematical programming) to make tactical and strategic decisions; advanced optimization skills including data collection and preparation, logical modeling, and solution interpretation and implementation within a software environment; applications in the various functional areas of business are discussed throughout. Prerequisites: (MSCI:9100 or MBA:8150) and (MSCI:9060 or MSCI:6060).
MSCI:6140 Information Visualization3 s.h.
Instruments for reasoning about quantitative information; analyzing and communicating statistical information; main typologies of data graphics (data-maps, time-series, space-time narrative, relational diagrams, graphs and methods for dimensionality reduction); language for discussing data visualizations combined with knowledge of human perception of visual objects; how to visualize information effectively by using statistical methods, knowledge of human perception, and basics of data graphics. Prerequisites: (MSCI:6060 or MSCI:9060) and (MSCI:9100 or MBA:8150).
MSCI:6150 Financial Analytics3 s.h.
Businesses as well as investors are affected by fluctuating treasury bond rates, equity prices, and foreign exchange rates, and the risk must be measured; students focus on gaining knowledge of the classic financial models and statistical and risk metrics and scaling them up with analytics techniques (sorting with thresholds, portfolio optimization, decision trees, and database programming) to find the best investments based on historical datasets; beginning with descriptive analytics and pushing into predictive and prescriptive analytics, students build a software simulation laboratory using R. Prerequisites: (MSCI:9100 or MBA:8150) and (MSCI:6060 or MSCI:9060).
MSCI:6170 Directed Readings - Graduate Business Analyticsarr.
Project and/or research with a faculty member as part of the graduate business analytics program. Requirements: enrollment in graduate business analytics program.
MSCI:6300 Dynamic Programming3 s.h.
Fundamentals of discrete sequential dynamic programming with special focus on situations in which outcomes are uncertain; formulation and analysis of deterministic and stochastic dynamic programs under several objective criteria; emphasis on rapidly expanding field of approximate dynamic programming; applications including inventory control, vehicle routing, and resource allocation.
MSCI:6600 Linear Programming3 s.h.
Mathematical programming models; linear and integer programming, transportation models, large-scale linear programming, network flow models, convex separable programming. Requirements: calculus and linear algebra. Same as IE:6600.
MSCI:6700 Discrete Optimization3 s.h.
Introduction to modeling and solving discrete optimization problems; integer programming, network flows, dynamic programming. Prerequisites: MSCI:6600.
MSCI:6800 Web Mining3 s.h.
Techniques for mining the web and other unstructured or semi-structured, hypertextual, distributed information repositories; crawling, indexing, ranking, filtering algorithms.
MSCI:6900 Heuristic Search3 s.h.
Design of heuristic search algorithms to find good (near-optimal) solutions to difficult (NP-hard) optimization problems that occur in many disciplines; basic heuristic concepts (local search, greedy search, problem decomposition) which serve as fundamental constructs for metaheuristics, including simulated annealing, genetic algorithms, tabu search, variable neighborhood search; introduction to various optimization problems and survey of various heuristic approaches; underlying theoretical structure of several heuristic methods; how to implement a heuristic algorithm.
MSCI:7000 Management Sciences Topics3 s.h.
MSCI:7850 Research Seminar in Management Sciences1 s.h.
Current research topics. Requirements: Ph.D. enrollment.
MSCI:7900 Special Topics in Management Sciencesarr.
MSCI:7950 Directed Readingsarr.
MSCI:7975 Thesis in Management Sciencesarr.
Requirements: Ph.D. enrollment.
MSCI:9050 Data Management and Visual Analytics3 s.h.
Understanding how data is stored in databases and learning the tools used to access the data is key to creating datasets to answer many business questions; how to manage and access data in relational databases using Structured Query Language (SQL); basic principles of visual analytics and techniques for presenting data retrieved from databases.
MSCI:9060 Data Programming in R2-3 s.h.
Introduction to principles and practices of handling, cleaning, processing, and visualizing data using R programming language; basic programming skills that can be applied to software development in any programming language; includes topics such as variables and data types, control structures, functions and subroutines, arrays and other simple data structures. Prerequisites: MBA:8150 or MSCI:9100.
MSCI:9070 Data Science2 s.h.
Underlying concepts and practical computational skills of data-mining tools including penalty-based variable selection (LASSO), logistic regression, regression and classification trees, clustering methods, principal components and partial least squares; analysis of text and network data; theory behind most useful data mining tools and how to use these tools in real-world situations; software for analysis, exploration, and simplification of large high-dimensional data sets. Prerequisites: MBA:8150 or MSCI:9100.
MSCI:9080 Business Analytics in Practice3 s.h.
Application of theory from classroom to real world context through an experiential learning project; company-sponsored project applying analytics to solve problems in a variety of contacts; including supply chain and operations, marketing, finance, or health care. Prerequisites: MSCI:9230 and MSCI:9060 and MSCI:9070.
MSCI:9100 Business Analytics3 s.h.
Introduction to analytical techniques for making business decisions; utilizing Excel for application of descriptive and predictive analytical tools to solve practical business problems using real world data; dealing with uncertainty in decision making; formal probability concepts and statistical methods for describing variability (decision trees, random variables, hypothesis testing); application of techniques (linear regression, Monte Carlo simulation, linear optimization) to model, explain, and predict for operational, tactical, and strategic decisions.
MSCI:9110 Advanced Analytics2-3 s.h.
Development of data-driven, problem-solving skills for prediction of uncertain outcomes and prescription of business solutions; linear and nonlinear regression, Monte Carlo simulation, forecasting, data mining, and optimization utilizing spreadsheets and dedicated software packages. Prerequisites: MSCI:9100 or MBA:8150.
MSCI:9120 Managing the Supply Chain2-3 s.h.
Design, operation, and management of a supply chain; supplier and customer partnerships, supply base management, transportation and logistics, supply chain innovation, supply chain sustainability; supply chain risk management and performance metrics. Prerequisites: MBA:8190 or MBA:8240.
MSCI:9130 Lean Process Improvement3 s.h.
MSCI:9135 Strategy Deployment and Lean Enterprise3 s.h.
How organizations transform themselves into Lean enterprises that maximize customer value through the elimination of waste; focus on how manufacturing and service organizations successfully align their process improvement efforts to strategic goals of the organization (policy deployment); A3 thinking, strategic planning, balanced scorecard, Lean supply chain, employee engagement, and cultural transformation. Prerequisites: MBA:8190 or MBA:8240.
MSCI:9140 Rapid Continuous Improvement3 s.h.
Hands-on experience working on rapid continuous improvement (RCI) teams sponsored by industrial affiliates of the business college involved in using RCI. Offered spring break.
MSCI:9160 Supply Chain Analytics2-3 s.h.
Supply chain analytics applications for decision making, including demand forecasting, inventory management, capacity planning, and supply chain coordination. Prerequisites: MSCI:9180.
MSCI:9180 Statistical Methods for Process Improvement3 s.h.
Strategies to improve quality of products, effectiveness of processes; managerial issues, statistical methods, quality, customer needs, customer satisfaction, quality measures and standards; understanding and reducing variability; builds on MBA:8150; data-based management, statistical process control, control charts, capability indexes, design of experiments. Prerequisites: MSCI:9100 or MBA:8150.
MSCI:9185 Project Management2-3 s.h.
Preparation for managing projects and project portfolios; project selection, project planning and budgeting, scheduling, resource allocation, project control; integration of project planning tools, including project management software.
MSCI:9190 Advanced Project Management3 s.h.
Expands on the study of project management by examining why 70 percent of all projects fail to meet established requirements and what project managers can do to ensure success; elements of the Project Management Institute's Guide to the Project Management Body of Knowledge are reviewed including the 47 key processes; concepts are presented for improving project outcomes, including thinking well through creative and innovative methods, developing an organizational environment for successful projects, and using alternative methodologies such as Agile. Prerequisites: MSCI:9185.
MSCI:9200 Business Programming3 s.h.
Introduction to algorithms, data structures, and object-oriented programming constructs to solve business problems. Corequisites: MSCI:3005.
MSCI:9210 Introduction to Modeling with VBA2-3 s.h.
Introduction to programming Visual Basic for Applications in Excel; case studies in finance, marketing, operations, accounting.
MSCI:9220 Introduction to Information Systems3 s.h.
Effective ways for business firms to harness the power of information technology for strategic purposes; conventional and emerging architectures of information systems; integrated perspective on structural relationships among IT components; emphasis on case studies.
MSCI:9230 Database Systems2-3 s.h.
Theories and methodologies for semantic, logical, and physical database design; entity/relationship diagrams and their mapping to database schemas; normalization; languages for relational database systems, including relational algebra, Structured Query Language, query by example; query optimization and index selection; database and view creation, query and update processing; form and report design; practice with commercial DBMS products; integrity, security, concurrency control, transaction recovery.