Management Science Certificate

Program Overview

The Management Science Certificate from UMBC prepares students for managerial roles in various industries, including banking and securities. It offers a solid foundation in statistics, accounting, and management principles, complementing undergraduate degrees and enhancing career prospects. The program features a core curriculum and a management science concentration, providing students with the skills and knowledge necessary for success in management-related careers.

Program Outline

Management Science Certificate - University of Maryland, Baltimore County

Degree Overview:

• This program prepares students for managerial positions in various fields, including banking and securities.
• It provides a strong foundation in statistics, accounting, and management principles.
• The certificate is designed to complement undergraduate degrees in various fields and enhance students' career prospects.

Outline:

Core Curriculum (18 credits)

• Management:
• MGMT 210 - The Practice of Management (3) or MGMT 489 - Seminar on Management in Business (3) or PBHL 497 - Health Planning and Administration (3) (Public Health, B.A.
students)
• Economics:
• ECON 101 - Principles of Microeconomics (3)
• ECON 102 - Principles of Macroeconomics (3)
• ECON 121 - Principles of Accounting I (3)
• ECON 122 - Principles of Accounting II (3)
• Communication:
• ENGL 391 - Advanced Exposition and Argumentation (3) or ENGL 393 - Technical Communication (3)

Management Science Concentration (28 credits)

• Management:
• MGMT 360 - Business Law (3) or MGMT 385 - Business Ethics & Society (3) or PBHL 358 - Bioethics (3) (Public Health, B.A.
students)
• Accounting:
• ECAC 329 - Cost Accounting (3)
• ECAC 351 - Advanced Cost Accounting (3) or PBHL 498 - Financial Management and Decision Support for Health Service Organizations (3) (Public Health, B.A.
students)
• Economics:
• ECON 311 - Intermediate Microeconomic Analysis (3)
• ECON 374 - Financial Management (3)
• Statistics:
• STAT 350 - Statistics with Applications in the Biological Sciences (4) or STAT 351 - Applied Statistics for Business and Economics (4) or STAT 355 - Introduction to Probability and Statistics for Scientists and Engineers (4)
• Quantitative Methods:
• Choose 3 credits from: IS 325 - Introduction to Management Science (3), ECON 320 - Quantitative Methods for Management (3), MATH 381 - Linear Methods in Operations Research (3)
• Advanced Business:
• Choose 6 credits from: MGMT 410 - Operations and Supply Chain Management (3), ECON 405 - Benefit-Cost Evaluation (3), ECON 408 - Managerial Economics (3), ECON 415 - Organizations, Incentives and Behavior: Theory and Policy (3), ECON 417 - The Economics of Strategic Interaction (3), ECON 421 - Introduction to Econometrics (3), ECON 423 - Time Series and Forecasting (3)

Assessment:

The certificate program uses a variety of assessment methods, including:

• Exams
• Projects
• Presentations
• Papers
• Participation
The specific assessment methods used in each course will vary depending on the instructor and course content.

Teaching:

The program is taught by a team of experienced faculty members with expertise in management, economics, statistics, and accounting. The faculty are committed to providing students with a high-quality education and helping them achieve their academic and career goals. The program uses a variety of teaching methods, including:

• Lectures
• Discussions
• Case studies
• Simulations
• Group projects

Careers:

The Management Science Certificate can lead to a variety of careers in management, finance, consulting, and other fields. Graduates of the program have gone on to work for companies such as:

• Goldman Sachs
• Morgan Stanley
• Bank of America
• Deloitte
• PricewaterhouseCoopers

Other:

The Management Science Certificate program is offered by the Information Systems department at UMBC. The program is designed to be completed in one year of full-time study. Students can also choose to complete the program on a part-time basis. The program is open to students with a bachelor's degree in any field. However, students without a background in business or economics may be required to take additional coursework. The program is designed to provide students with the skills and knowledge they need to succeed in a variety of management-related careers. Graduates of the program are well-prepared to enter the workforce and make a significant contribution to their chosen field.