Management and Decision Science Degree Info - Doctorate Degree Review

Published Nov 02, 2006

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An advanced degree in Management and Decision Science will teach you the necessary leadership, research and communication skills you need to advance your career. With a Doctorate degree in Management and Decision Science graduates will be apart of think tanks working on projects of IT, finance and marketing.

Summary of the an Management and Decision Science Degree Program

In a Doctorate degree program of Management and Decision Science you will acquire skills in research, problem solving and financial policies and procedures. You will be an industry leader in the Monte Carlo method and its applications in finance and decision theory. If you choose a career in academics you will be expected to research and disseminate your knowledge through teaching and publication. As a researcher you will be a part of a decision support team focused on managerial problem solving and decision making.

Specific Skills You Will Learn

Students will become highly skilled practitioners in the policies, procedures and principles of Management and Decision Science. Graduates will enhance their leadership skills and become counsel to their peers. As a graduate of a doctoral program your oral and written communication skills will be enhanced and you will develop superior publications within your field. The foundation of your career will be built on Bayesian Statistics. Your specialty will include production and operations management, probability forecasting and problem formulation.

Typical Coursework

Though coursework will vary depending on the college you choose, common areas of study in Doctoral degree programs include:

  • Research Issues in Business Administration
  • Advanced Regression
  • Survey of Microeconomics
  • Advanced Managerial Economics

Career Related Information

Career Fields You Will Be Prepared to Enter

In choosing to earn a Doctorate degree in Management and Decision Science you will be entering into a highly rewarding and demanding career. A strong sense of integrity, honesty and loyalty will be essential in maintaining an ethical research and writing environment. Ph.D. graduates in the field of Management and Decision Science seek leadership and research positions in marketing, finance and the social sciences.

Occupational Outlook For Management and Decision Science Including Salary Information

According to,, the national annual median wage for a Researcher Level III varies from $59,186 to $80,016. Your salary will depend on the size of the institution and region in which you are employed. There is a moderate demand for highly published researchers. According to 'education is one of the most rewarding careers you can pursue.' In the USA, education is one of the largest industries making an abundance of careers and jobs available to you.

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