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Quantitative Methods and Modeling
The Quantitative Methods and Modeling (QMM) major is an interdisciplinary program offered by the Department of Statistics and Computer Information Systems. This major is designed to develop quantitative thinking skills that are invaluable in business. The program focuses extensively on mathematical modeling and computer implementation issues applied to business. The student will take courses from a variety of quantitative disciplines, and the flexible elective requirements permit the creation of a course sequence tailored to his/her professional or educational objectives. The use of the computer for the solution and analysis of business problems is an integral part of the program. As a graduate of this program the student will have a broad foundation in quantitative methods and modeling, and will be well positioned for the development, analysis, and solution of decision problems facing business and industry in the 21st century. A 9 credit minor in Quantitative Methods and Modeling is also offered by the department.
If you would like additional information about either the major or minor programs, contact Professor Elsie Gottlieb, Operations Research and Quantitative Methods Area Coordinator, elsie_gottlieb@baruch.cuny.edu.
The Institute of Operations Research and Management Sciences (INFORMS) offers extensive, free information describing professional development and employment opportunities. Check out http://www.informs.org/employment.html to get a sense of the current quantitatively-oriented business opportunities available to you. The Bureau of Labor Statistics predicts growth in job opportunities for quantitative analysts during the next decade. Browse the Bureau's Occupational Outlook Handbook http://www.bls.gov/oco/home.htm and Employment Projections http://www.bls.gov/emp/home.htm for more information. For additional information about career opportunities in quantitative areas, please visit the website for the Career Development Center.
B.B.A. Major in Quantitative Methods and Modeling
It is essential that the student consult with the area advisor to plan a program prior to taking any courses in the major.
Required Courses (9 credits) |
credits |
|
| CIS 3100 | Object-Oriented Programming I | 3 |
| OPR 3450 | Quantitative Decision Making for Business I* | 3 |
Select one course from: | | |
| OPR 3451 | Quantitative Decision Making for Business II | 3 |
| STA 3154 | Business Statistics II | 3 |
| STA 3155 | Regression and Forecasting Models for Business Applications | 3 |
| STA 4000 | Introduction to SAS Programming | 3 |
Elective Courses (15 credits)Select courses from the following list: |
||
| CIS 3400 | Database Management Systems I | 3 |
| CIS 4100 | Object-Oriented Programming II | 3 |
| OPR 3451 | Quantitative Decision Making for Business II | 3 |
| OPR 3452 | System Simulation | 3 |
| OPR 3453 | Bayesian Statistical Inference and Decision Making | 3 |
| OPR 4470 | Special Topics in Operations Research | 3 |
| OPR 5000 | Independent Study in Operations Research | 3 |
| STA 3154 | Business Statistics II | 3 |
| STA 3155 | Regression and Forecasting Models for Business Applications | 3 |
| STA 4000 | Introduction to SAS Programming | 3 |
| ECO 4300 | Mathematical Economics | 3 |
| MTH 3710 | Production Planning Systems | 3 |
| MTH 3020 | Intermediate Calculus | 3 |
| MTH 4120 | Introduction to Probability | 4 |
| MTH 4125 | Introduction to Stochastic Processes | 4 |
| MTH 4130 | Mathematics of Statistics | 4 |
| MTH 4140 | Graph Theory | 3 |
| MTH 4320 | Fundamental Algorithms | 3 |
| MTH 4451 | Risk Theory | 4 |
| MTH 4500 | Introductory Financial Mathematics | 4 |
Other quantitative courses may be selected subject to approval of the area advisor. Note*: OPR 3300 Quantitative Methods for Accounting may be substituted with the approval of the area advisor. B.B.A. Minor in Quantitative Methods and ModelingIt is essential that the student consult with the area advisor to plan a program prior to taking any courses in the minor. |
||
Required Courses (9 credits) |
credits |
|
Select one course from: | ||
| OPR 3450 | Quantitative Decision Making for Business I | 3 |
| OPR 3300 | Quantitative Methods for Accounting | 3 |
Plus two courses selected with the approval of the area advisor from the following list: |
||
| CIS 3400 | Database Management Systems I | 3 |
| CIS 4100 | Object-Oriented Programming II | 3 |
| OPR 3451 | Quantitative Decision Making for Business II | 3 |
| OPR 3452 | System Simulation | 3 |
| OPR 3453 | Bayesian Statistical Inference and Decision Making | 3 |
| OPR 4470 | Special Topics in Operations Research | 3 |
| OPR 5000 | Independent Study in Operations Research | 3 |
| STA 3154 | Business Statistics II | 3 |
| STA 3155 | Regression and Forecasting Models for Business Applications | 3 |
| STA 4000 | Introduction to SAS Programming | 3 |
Other quantitative courses may be selected subject to approval of the area advisor.