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Management Science

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Title: No Slide Title Author: Patricia Emslie Last modified by: newlorriepap Created Date: 5/23/2001 4:58:01 PM Document presentation format: On-screen Show (4:3) – PowerPoint PPT presentation

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Title: Management Science


1
Management Science Engineering
  • Peter Glynn, Chair
  • Yinyu Ye, Affiliates Program Director
  • Stanford University

2
Mission Statement
  • To provide education and research
    opportunities associated with the development of
    knowledge, tools, and methods required to make
    decisions and to shape policies, to configure
    organizational structures, to design engineering
    systems, and to solve problems associated with
    the information-intensive technology based
    economy.

3
Recognition
  • Our department was ranked the number 1 program
    last year by the National Research Council in our
    academic discipline of industrial engineering,
    systems engineering, and operations research
    departments. (This ranking is carefully put
    together by academics, and is the ranking taken
    most seriously by the university leadership.) We
    are a key part of a School of Engineering that is
    effectively tied with MIT for the top such
    ranking among US universities, and contains five
    individually top-ranked departments.

4
Objectives
  • Attract the best students, give them an excellent
    education, and help them find jobs in top
    companies
  • Attract the best faculty and give them incentives
    and means to teach and conduct research at the
    highest level
  • Partner with industry to assist organizations in
    meeting their challenges while expanding
    educational and employment opportunities for our
    students

5
Key Differences from Business Schools
  • We are grounded in engineering (as reflected in
    our mission)
  • We develop and use the tools of engineering
    analysis (e.g., systems analysis)
  • We focus on technology (e.g, Work, Technology and
    Organization)
  • Compared to the Stanford GSB
  • We have an undergraduate program
  • Our 1-year MS program is more technical
  • We have a larger Ph.D. program

6
MSE created from the departments of
  • Engineering-Economic Systems and Operations
    Research (itself the result of a merger of EES
    and OR)
  • Industrial Engineering and Engineering Management
  • Merger Date Jan. 1, 2000

7
Department AreasWe are an interdisciplinary
department with 8 areas
  • Organizations, Technology Entrepreneurship
  • Systems Modeling and Optimization
  • Economics and Finance
  • Decision Analysis and Risk Analysis
  • Production and Operations Management
  • Probability and Stochastic Systems
  • Strategy and Policy
  • Information Science and Technology

8
Research
  • Focuses on understanding the problems involved in
    the engineering aspects of managing systems and
    technologies, creating appropriate problem
    formulations and solutions, and providing
    relevant decision support.
  • We have vigorous interaction with other Stanford
    departments, Silicon Valley, State and Federal
    governments and various global organizations and
    corporations.

9
Student EnrollmentOne of the largest student
populations in the SOE
  • Enrolled in MSE in 2013-14
  • BS 147
  • MS 277
  • Ph.D. 106
  • Demographics
  • All Students
  • female 28 international 42

10
Student Placement
  • MSE graduates have pursued a broad range of
    careers consulting, financial analysis,
    investment banking, enterprise management,
    government policy analysis, industrial research,
    high tech, entrepreneurship, line management,
    product development, project management,
    strategic planning, technology media, internet
    services, biotechnology and university teaching
    and research.

11
MSE Industry Affiliates Program
  • Program Objectives
  • The program is designed to assist organizations
    in meeting todays challenges while
    simultaneously expanding the educational and
    employment opportunities for our students.

12
Industry Affiliates Program
  • Directly connects corporations with our
    departments vast resources renowned faculty,
    cutting-edge research centers and a thriving
    student community.
  • Close associations with industry enrich the
    programs by providing opportunities to apply MSE
    methods to important real world problems and by
    motivating new theoretical developments from
    practical experience.

13
Member Fees
  • Size of Firm Annual Fee
  • 500 employees 25,000
  • 500 Employees 15,000

14
Recruiting Member Option
  • Recruiting Fee /per Quarter
  • 7,500
  • Allows companies to get acquainted with MSE for
    one quarter only. Eligible for student recruiting
    benefits only.

15
Research Sponsorship Option
  • The fee for corporate sponsorship is negotiated
    according to the nature of the involvement the
    sponsor desires.

16
Research Sponsor Option
  • In addition to receiving the benefits of
    affiliate membership, Sponsors work closely with
    MSE faculty to design and execute programs of
    applied research. Although sponsoring firms
    clearly benefit from a close relationship with
    MSE, prospective sponsors should not construe
    sponsorship as synonym for a consulting
    relationship.

17
Strategic Benefits of Industry Affiliates
Program Win-Win for Department, Faculty,
Students, Company
  • Department Benefits
  • Affiliation with prestigious companies
  • Links to real life problems
  • Income supports MSE academic programs
  • Faculty Benefits
  • Research opportunities
  • Contact with leaders in corporate environment

Company Benefits Research Projects Direct
contact with students Cheaper than
headhunter Direct contact with faculty Faculty
recommendations for student hires Student
Benefits Real Life Projects Experience Internship
s Jobs
18
Itemized Benefits
  • Faculty Liaison
  • One trip per year by the faculty liaison to
    company site, if requested.
  • Research Projects
  • Student projects where problems are worked on by
    teams of students supervised by faculty.
  • Attend departmental events, workshops/ seminars
    at Stanford University, creating the opportunity
    to meet with faculty and students on the latest
    field research and engage in an informal
    exchange of ideas among industry representatives
    and Stanford University researchers.
  • Give presentations of interest to faculty and
    students, thereby keeping academia aware of
    industry developments.

19
Student Recruiting
  • Room space for information sessions and
    interviews, with active promotion of company
    recruiting events. Recommendations to company may
    be provided about students qualifications in
    order to facilitate good matches.
  • Access to both MSE Department Career Centers
    web based Job boards including student resumes
    and job postings.
  • Registration to a Stanford Job Fair.

20
Industrial Visitor Opportunity
  • Invitation to send an industrial visitor to
    campus with visitor privileges. Additional fees
    applicable.
  • Facilities/Miscellaneous
  • A directory of current faculty and student
    research in the Department.
  • Use of the Stanford Engineering library.
  • Referral Service to department people and
    resources.

21
Our Main Assets
  • Intellectual breadth
  • New synergies emerge
  • Reputation of our faculty
  • Outstanding students
  • And our people

22
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