Management Science and Engineering Program

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Contents

2013-14 Management Science & Engineering UG Program

This program has been updated to reflect changes for Academic Year 2013-14

  • UG Director: Ross Shachter, 337 Huang, shachter@stanford.edu
  • Student Services: Lori Cottle, 141 Huang, lcottle@stanford.edu
  • Dept Chair: Peter Glynn, glynn@stanford.edu

The Department of Management Science and Engineering is concerned with how best to organize resources – people, money, and materials – in our information-intensive, technology-based economy. The degree programs in MS&E prepare students to solve practical problems based on fundamental engineering principles. The department has strong research and teaching programs in decision and risk analysis, economics, engineering management, entrepreneurship, finance, information, operations research, organizations, production and manufacturing, strategy, systems analysis, and technology policy.

The undergraduate curriculum in Management Science and Engineering provides students training in the fundamentals of engineering systems analysis to prepare them to plan, design, and implement complex economic and technological management systems where a scientific or engineering background is necessary or desirable. Graduates will be prepared for work in a variety of career paths, including facilities and process management, investment banking, management consulting, or graduate study in industrial engineering, operations research, economics, public policy, medicine, law, or business.


Objectives and Outcomes for Management Science and Engineering

Objectives:

  • Principles and Skills: Provide our students with a basic understanding of management science and engineering principles, including analytical problem solving and communication skills.
  • Preparation for Practice: Prepare our students for practice in a field that sees rapid changes in tools, problems, and opportunities.
  • Preparation for Continued Growth: Prepare our students for graduate study and self development over an entire career, and
  • Preparation for Service: Develop in our students the awareness, background, and skills necessary to become responsible citizens, employees, and leaders

Outcomes:

  • An ability to apply knowledge of math, science, and engineering;
  • An ability to design and conduct experiments;
  • An ability to design a system or components to meet desired needs;
  • An ability to identify, formulate, and solve engineering problems;
  • An ability to use techniques, skills, and modern engineering tools necessary for engineering practice;
  • An ability to function on multidisciplinary teams;
  • An ability to communicate effectively;
  • A recognition of the need for and an ability to engage in life-long learning;
  • Background necessary for admission to top professional graduate engineering or business programs;
  • An understanding of professional and ethical responsibility;
  • The broad education necessary to understand the impact of engineering solutions in a global and societal context; and
  • A knowledge of contemporary issues pertinent to the field of management science and engineering.

Program Description

The program builds on the foundational courses for engineering including calculus, engineering fundamentals, and physics or chemistry. The department core, taken for all concentrations, includes courses in computer science, information, organization theory, mathematical modeling, optimization, probability, statistics, and finance or production. Through the core, all students in the program are exposed to the breadth of faculty interests, and are in a good position to choose a concentration during the junior year.

The five concentrations are designed to allow a student to explore one area of the department in greater depth. They are:

  1. Financial and Decision Engineering: Focuses on the design and analysis of financial and strategic plans. It features accounting, decision analysis, economics, finance, investment science, and stochastic models.
  2. Operations Research: Provides a more mathematical program, based on algorithms, theory, and applications in economics and operations.
  3. Organization, Technology, and Entrepreneurship: Focuses on the understanding and design of organizations, particularly technology-based issues. It features courses on innovation, product development, and entrepreneurship as well as work and manufacturing systems, and information systems and human-computer interaction.
  4. Production and Operations Management: Focuses on the design and analysis of manufacturing, production and service systems.
  5. Policy and Strategy: Focuses on the design and analysis of public policies and corporate strategies, especially those with technology-based issues. It features grounding in microeconomics and modeling approaches as well as courses with a policy focus in topics such as national security, energy and environment, and health care and courses with a strategy focus in topics such as entrepreneurship, innovation, and product development.

The program for students in all concentrations builds on a strong engineering foundation. The required mathematics courses include calculus of single and multiple variables, linear algebra, probability, statistics, and stochastic models. At least eleven units of science are required, including two courses in chemistry or physics. The required and elective mathematics and science requirements can be met by the approved courses, listed earlier in this handbook, or by PHYSICS 21, 22, 23, 24, 25, or 26, PSYCH 50 (cognitive neuroscience) or 70 (social psychology), or AP credit for chemistry, mathematics, or physics (AP units must be approved by the SoE Dean’s office in 135 Huang).
The program includes three Engineering Fundamental courses, in addition to the engineering fundamental course included in the department core, MS&E 111/ENGR 62. One of the fundamentals must be CS 106A, one is elective, and the other is either ENGR 40, 40C, or 40P, which provides some background and lab experience in electrical engineering, ENGR 25B or 25E, which presents basic science and engineering principles of biotechnology, or ENGR 80, which provides an overview of biological engineering focused on engineering analysis and design of biological processes.

The Technology in Society requirement is satisfied by a subset of the courses approved by the School of Engineering, particularly those that emphasize social responsibility (refer to the TIS table below). Some of these courses are also included in some of the concentrations; any listed course can be used to satisfy either the Technology in Society or depth requirement, but not both.

The Writing in the Major (WIM) requirement can be met by three restricted electives in the program, MS&E 152W, 193W, or 197. It is up to the students to ensure that their programs include at least one of them, either in their concentrations or their Technology in Society courses. Students are welcome to take more than one WIM course, and WIM courses can be used to satisfy other requirements.

The department core comprises courses in computer science, deterministic optimization, information, organization theory, a senior project, and finance or production. Students in Financial and Decision Engineering must take two finance courses including MS&E 142. Students in Production and Operations Management must take MS&E 260. Students in Operations Research must take both MS&E 142 and MS&E 260.

Some of the concentrations include courses with prerequisites (ECON 1 or PSYCH 1) not included in the degree program, but those courses could be used to satisfy University Requirements.

Although there are prerequisites for most MS&E courses, we encourage students to take some MS&E courses in their freshman and sophomore year to learn more about the department. Introductory courses without prerequisites include MS&E 107, 152, and 180. Introductory courses with calculus prerequisites include: MS&E 111, and MS&E 120.

For information about an MS&E minor, see the “Minors and Honors” section in this Handbook. In addition to the B.S. degree, the MS&E Department offers Master of Science and Doctor of Philosophy degrees in Management Science and Engineering.
If you would like more information about our degree programs, please visit Lori Cottle, the MS&E Student Services Manager, in Huang Engineering Center Room 141. Students are encouraged to plan their academic programs as early as possible, ideally in the freshman or sophomore year. Please do not wait until you are declaring a major to consult with us. This is particularly important if you would like to study overseas or pursue another major or minor.

Research Experience for Undergraduates

Our Research Experience for Undergraduates (REU) program offers students the opportunity to work closely with a faculty member during the summer quarter, and get paid to do so full-time. We give priority to our declared majors for REU positions. Information is emailed to all declared majors when applications become available during the winter quarter.

Requirements: Bachelor of Science Degree in MS&E

Math and Science (45 units minimum)


Math (all listed courses; 32 units minimum)

  • MATH 41 Single Variable Calculus (AP/IB credit may be used) 5 units, A
  • MATH 42 Single Variable Calculus (AP/IB credit may be used) 5 units, A,W
  • MATH 51 Linear Algebra and Diff. Calculus of Several Vars. 5 units, A,W,S OR CME 100, 5 units, Spr
  • MATH 53 Ordinary Differential Equations with Linear Algebra 5 units A,W,S OR CME 102, 5 units, Wtr, Spr
  • STATS 110 Statistical Methods in Engineering and the Physical Sciences 4-5 units, A

or STATS 200 Introduction to Statistical Inference 3 units, W

  • MS&E 120 Probabilistic Analysis 5 units, A
  • MS&E 121 Introduction to Stochastic Modeling 4 units, W

Science (11 units minimum)
One of the following three eight-unit sequences:

  • CHEM 31B/X Chemical Principles (AP/IB credit may be used) 4 units, A,W

and CHEM 33 Structure and Reactivity 4 units, W,S

  • PHYSICS 21&22 Mechanics and Heat & Lab (AP/IB credit may be used) 4 units, A

and PHYSICS 23&24 Electricity and Optics & Lab (AP/IB credit may be used) 4 units, W

  • PHYSICS 41 Mechanics (AP Physics C credit may be used) 4 units, W

and PHYSICS 43 Electricity and Magnetism (AP Physics C credit may be used) 4 units, S

  • And also Science Elective from SoE approved list (Fig. 3-2), or PSYCH 50, or PSYCH 70

Technology in Society (TiS)

One of the following courses required:

  • ENGR 131 Ethical Issues in Engineering 4 units, A,S
  • COMM 120 Digital Media in Society 5 units, S
  • COMM 169 Computers and Interfaces: Psychological and Social Responsibility Issues 5 units, W
  • CS 181 Computers, Ethics, and Public Policy 3-4 units, S
  • MS&E 181 Issues in Technology and Work for a Post-Industrial Economy 3 units, S
  • MS&E 193 Technology in National Security 3 units, A
  • MS&E 197 Ethics and Public Policy 5 units, W

Engineering Fundamentals

At least three courses; 11-15 units:

  • CS 106A Programming Methodologies (AP/IB credit may be used) 5 units, A,W,S
  • ENGR 25B/E Biotechnology/Energy 3 units, WS

OR one of ENGR 40, ENGR 40A, ENGR 40N, ENGR 40P, or ENGR 80

  • One other engineering fundamental from SoE approved list (E62 may not be used) 3-5 A,W,S

Writing in the Major

One of the following:
MS&E 152W, MS&E 193W, and MS&E 197, taken as TIS or depth, fulfill the WIM requirement.

Engineering Depth

Core: Six courses; 22-26 units

  • CS 106B/X or CS 103
  • MS&E 108 Senior Project 5 units, W
  • MS&E 111 (same as ENGR 62). Introduction to Optimization 4 units, A,S
  • MS&E 130. 3 units, W OR MS&E 134. 4 units, W OR MS&E 233. 3 units, S
  • MS&E 142. 3 units, A OR MS&E 260. 4 units, A
  • MS&E 180 Organizations: Theory and Management 4 units, A,S

Concentration: Choose one of the following five concentrations (24-32 units):

1. FINANCIAL AND DECISION ENGINEERING (7 COURSES; 25-30 UNITS)

  • Students must choose MS&E 142 in Engineering Depth – Core (above)
  • ECON 50 Economic Analysis I. 5 units, A, W
  • ECON 51 Economic Analysis II. 5 units, A,S
  • MS&E 140 Accounting for Managers and Entrepreneurs. 4 units, A,W,S
  • MS&E 152 Introduction to Decision Analysis. (WIM) 4 units, S
  • MS&E 245G Finance I. 3 units,  A OR MS&E 247S International Investments. 3 units, Sum

And two of the following seven courses:

  • ENGR 145 Technology Entrepreneurship 4 units, A,W
  • MS&E 107 Interactive Management Science 3 units, A
  • MS&E 146 Corporate Financial Management 3 units, W
  • MS&E 223 Simulation 3 units, S
  • MS&E 250A Engineering Risk Analysis 3 units W
  • MS&E 260 Production and Operating Systems 4 units, A

2. OPERATIONS RESEARCH (7 COURSES; 21-24 UNITS)

  • MATH 113 Linear Algebra and Matrix Theory, 3 units A,W,S
  • MATH 115 Functions of a Real Variable, 3 units A,W,S
  • MS&E 142 Introduction to Financial Analysis (cannot also be used for core), 3 units A

OR MS&E 260 Production and Operating Systems (cannot also be used for core,) 4 units A

  • MS&E 152 Introduction to Decision Analysis, 3-4 units S
  • MS&E 241 Economic Analysis, 3-4 units W
  • MS&E 251 Stochastic Decision Models, 3 units W
  • STATS 202 Data Analysis, 3 units A

3. ORGANIZATION, TECHNOLOGY, AND ENTREPRENEURSHIP (7 COURSES; 22-30 UNITS)
At least one of the following three courses:

  • ECON 50 Economic Analysis I, 5 units A,W
  • PSYCH 70 Introduction to Social Psychology, 4 units S
  • SOC 114 Economic Sociology, 5 units A

At least two of the following three courses:

  • ENGR 145 Technology Entrepreneurship, 4 units A,W
  • MS&E 175 Innovation, Creativity, and Change, 3-4 units W
  • MS&E 181 Issues in Technology and Work, 3 units S

At least 4 of the following 7 courses (may also include omitted course from above: ENGR 145, MS&E 175, or MS&E 181):
Organizations and Technology:

  • CS 147 Introduction to Human-Computer Interaction Design, 3-4 units A
  • ENGR 130 Science, Technology, and Contemporary Society, 4-5 units Not given 2013-14
  • MS&E 185 Global Work, 4 units W,S
  • MS&E 189 Social Networks, 3 units A

Entrepreneurship and Innovation:

  • MS&E 140 Accounting for Managers and Entrepreneurs, 3-4 units A,W,S
  • MS&E 178 The Spirit of Entrepreneurship, 3 units A,W,S
  • MS&E 266 Management of New Product Development, 3 units W

4. POLICY AND STRATEGY (7 COURSES; 25-30 UNITS)

  • ECON 50 Economic Analysis I, 5 units A, W
  • ECON 51 Economic Analysis II, 5 units A,S
  • MS&E 190 Policy and Strategy Analysis,  3units S

At least four of the following nine courses, including at least one course in policy and at least one course in strategy:
Policy:

  • MS&E 193 Technology and National Security, 3 units A
  • MS&E 197 Ethics and Public Policy, 5 units W
  • MS&E 243 Energy and Environmental Policy Analysis, 3 units S
  • MS&E 248 Economics of Natural Resources, 3-4 units A
  • MS&E 292 Health Policy Modeling, 3 units W

Strategy:

  • ENGR 145 Technology Entrepreneurship, 4 units W
  • MS&E 175 Innovation, Creativity, and Change, 3-4 units W
  • MS&E 266 Management of New Product Development, 3 units W

5. PRODUCTION AND OPERATIONS MANAGEMENT (7 COURSES; 25-29 UNITS)
Students must choose MS&E 260 in Engineering Depth – Core (above)

  • ECON 50 Economic Analysis I, 5 units A, W
  • ECON 51 Economic Analysis II, 5 units A,S
  • MS&E 140 Accounting for Managers and Entrepreneurs, 3-4 units A,W,S
  • MS&E 152 Introduction to Decision Analysis, 3-4 units S

Three of the following nine courses:

  • MS&E 142 Introduction to Financial Analysis, 3 units A

OR MS&E 245G Finance I, 4 units A

  • MS&E 262 Supply Chain Management, 3 units S
  • MS&E 263 Healthcare Operations Management, 3 units, W
  • MS&E 264 Sustainable Product Development and Manufacturing, 3-4 units A
  • MS&E 266 Management of New Product Development, 3 units W
  • MS&E 268 Operations Strategy, 3 units S

Engineering fundamentals, engineering depth (core), and engineering depth (concentration) must total a minimum of 60 units.

Courses used to satisfy the math, science, technology in society, or engineering fundamental requirements may not also be used to satisfy an engineering depth requirement.


How to Declare a Major in Management Science and Engineering

We encourage students to declare as early as possible if they are seriously considering the major. The process consists of discussing your plans with the Student Services Manager and meeting prospective advisors until you find a faculty member you want to work with. The MS&E major offers a wide variety of options and students can receive much better guidance once they have declared. Paperwork for the declaration process is available at http://www.stanford.edu/dept/MSandE/academics/bsdeclare.html.

1. Complete the MS&E counseling form, available at http://www.stanford.edu/dept/MSandE/academics/bsdeclare.html.
2. Go into Axess and declare MS&E as your major. Your declaration will be routed to Lori Cottle, Student Services Officer, for approval. Online approval will be given after steps 1-5 are completed.
3. Meet with Lori Cottle in Huang, Suite 141, for a tentative advisor assignment or choose an advisor from the MS&E list of available advisors, available at http://www.stanford.edu/dept/MSandE/academics/bsdeclare.html.
4. Take the counseling form and an unofficial copy of your transcript or Axess grade printout to your new faculty advisor for a declaration advising session.
5. Bring the completed, signed form to Lori Cottle in Huang, Suite 141, who will then approve your online declaration. You will be sent an automatic email from the system after final approval has been given.

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