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Management Science, Business & Consulting

The Business School of Engineering

Industrial Engineering is a people-oriented field, and operations research and management science are integral parts of Industrial Engineering. They involve using analytical methods to make better decisions and optimize operations. This pathway allows industrial engineers to apply mathematical modeling, statistical analysis, and optimization techniques to solve problems in production, logistics, supply chain, and service systems.

Explore other Pathways

This pathway is a strong fit for students who:

  • Have a knack for leadership and/or business.
  • Take pleasure in breaking down complex processes into their constituent parts to understand and optimize them better.
  • Thrive on using mathematical and statistical methods to drive decision-making and improve operational efficiency.
  • Feel excited about applying scientific methods to the design, planning, and operation of systems.
  • Aspire to be strategic problem-solvers who can enhance business performance through analytical approaches.
  • Find fulfillment in the idea that their work can help organizations achieve their objectives more effectively and efficiently.

Example occupations:

  1. Operations Research Analyst
  2. Supply Chain Analyst
  3. Process Improvement Specialist
  4. Crisis Response Analyst
  5. Management Consultant
  6. Decision Scientist
  7. Production Planner
  8. Logistics Engineer
  9. Systems Engineer
  10. Data Analyst

Common fields:

  1. Consulting
  2. Supply Chain and Logistics
  3. Manufacturing
  4. Health Care
  5. Transportation
  6. Retails
  7. Government and Defense
  8. Finance and Banking
  9. Information Technology

Do I need a graduate degree specializing in this area to be marketable to the field?

No, but it can enhance your job prospects and earning potential. Many employers value the specialized knowledge and skills a graduate degree can provide.

What are some examples of real-world areas of application?

There are extensive real-world applications for industrial and systems engineers who specialize in management and business. These include:

  • Supply Chain Optimization: Streamlining processes to ensure timely delivery and reduce costs.
  • Production Management: Efficiently planning and controlling the production process to enhance productivity.
  • Service Systems: Improving the efficiency of service operations, such as hospitals, banks, and retail.
  • Logistics: Planning and managing transportation and distribution of goods.
  • Business Strategy: Using analytical methods to inform business decisions, market entry, and expansion strategies.
  • Financial Analysis: Applying mathematical modeling to predict market trends and make informed investment decisions.

Does this pathway touch on global impact, equity and/or quality of life?

Yes, the pathway has a profound potential for global impact. By optimizing business operations, resources can be utilized more efficiently, leading to more sustainable global practices. In terms of equity, efficient operations can lead to fairer pricing and better distribution of services and goods, bridging gaps in market inequities. Furthermore, by enhancing service systems and improving the efficiency of essential services like healthcare and transportation, this field can significantly boost the quality of life for individuals and communities globally.

See how our remarkable alumni are using their ISE degrees in this field.

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Tatiana Shefts

Consultant, Accenture

Read Tatiana's Story