10 Reasons to Consider Management Science
You have the opportunity to solve real-world problems
These problems matter to organizations and have an impact. In areas such as healthcare, engineering, public policy, national defense, resource management, and disaster relief. You can truly change peoples’ lives for the better.
You can use your analytical skills and your creativity
There is a job in Management Science for you. Whether you like subjects —like math, engineering, computer science—or an industry, such as healthcare, manufacturing, finance, government, or military.
You have mobility
You can apply your core Management Science skills to almost any industry — pharmaceuticals, law enforcement, even entertainment. So you’re far more recession-proof than if you focused on one cyclical industry. And with Management Science training, you can move into management consulting, operations, marketing, finance, and other fields.
You have variety
Management Science has many different dimensions. So you never have to get bored or pigeonholed into a specific technique or problem-solving approach.
You become a better strategist
The Management Science discipline of looking at problems, creating models, setting up analysis that points to better options and results helps you make better personal and professional decisions.
You link technology and management
As a Management Scientist you often act as interpreter between technical staff —operators, operations management, computer programmers, software engineers, and electrical engineers — and management. You help translate real-world needs into software or models, Then translate the results back into better real-world outcomes and results
You can make a great living
The national average starting salary for a Management Science professional is $60,000 to $70,000, and it's easy to move up to
$100,000. In financial engineering, you can make up to $300,000 or more
You’re not part of a fad
The diverse techniques of Management Science — including optimization, simulation, queuing and game theory, decision analysis — are all proven methods with thousands of success stories. Each area is evolving, so you constantly have the opportunity to learn new things.
You can have fun at work
In many professional careers, little of what you create is implemented. The ability of Management Science to have an impact – save millions (even hundreds of millions) of dollars – means that companies put its solutions to use. And when you’ve been part of a solution, it’s a great feeling.
You’re extremely relevant today
Many organizations find themselves awash in data, with little understanding of how to leverage that data for better results. With Management Science you bring The Science of Better: Tools and approaches for harvesting insight from data to make dramatic improvements throughout the organization.