Rutgers MBA / MS in Operations Research and Business Analytics (MBA-ORBA)
The dual MBA/MS degree in Operations Research and Business Analytics is a partnership between Rutgers Business School (RBS), the Rutgers Graduate School - New Brunswick Campus and the Rutgers Center for Operations Research (RUTCOR).
The program integrates management, finance, accounting, operations and analytics. It is a sixty (60) credit dual degree program composed of two complementary components.
The first component is the Master of Business Administration program at the Rutgers Business School. It allows the students that complete the Master of Operations Research program to also obtain the MBA degree by completing in addition the thirty (30) credit curriculum of the MBA required classes. It also allows the MBA students with a solid quantitative education to obtain the MSc degree by completing the Master of Operations Research curriculum, as a concentration.
The second component is the Master of Operations Research degree with a business analytics concentration. It intends to provide students who have a solid quantitative education (i.e., students with engineering, science, mathematics, economics or similar undergraduate education) with an MS degree that focuses on analytical skills and an understanding of how these are applied to business and management problems. It is a thirty (30) credit degree.
Students must complete the first component (MBA core) before they can start the second component (MS part). (This requirement does not apply to students already enrolled in the RUTCOR MS, for the 2011/2012 academic year.)
Motivation
- There is a growing need across many fields for managers with both MBA skills and good quantitative training. Graduates of the Rutgers dual MBA/MS in Operations Research and Business Analytics degree possess an impressive assortment of analytical and problem-solving skills.
- The program’s skills are in demand across a wide range of industries, including finance, pharmaceutical industry, and transportation. Graduates can expect to work in both technical and managerial capacities on development of projects for analyzing and acting on business data.
- The US BLS forecasts that jobs in operations research will grow by 22 percent over the period 2008-2010, much faster than the average job growth. These jobs require Masters and PhD degrees. The greatest growth will be in the pharmaceutical manufacturing and the financial services industrial sectors – both sectors are clusters in the NYC metropolitan area.
- There will be a shortage of talent necessary for organizations to take advantage of big data. By 2018, the United States alone could face a shortage of 140,000 to 190,000 people with deep analytical skills as well as 1.5 million managers and analysts with the know-how to use the analysis of big data to make effective decisions.
Additional Information
Contact Us
For further information, please contact the program coordinator Profesor Andrzej Ruszczynski (http://rusz.rutgers.edu).
