Managers earn their living by making and implementing important decisions.
Management science is a data-driven approach to the analysis and solution of complex managerial problems. Management scientists combine their understanding of business and management fundamentals with various mathematical and computer-based tools to generate and predict the outcomes of alternative strategies and tactics, and help find the most desirable course of action. Management Science is an established profession with significant achievements in nearly every industry. Labor Department, management science will remain one of the fastest growing professions well into the 21 st century. The greatest demand for management scientists will originate in the transportation, communications, and financial services industries.