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| Professor Michael Todd has recently been involved as advisor to M.Eng. projects for Raytheon and Procter |
Seven concentrations and two minors (previously called "options") are offered through the Master of Engineering program in ORIE. From the basic Applied OR concentration to a variety of other specializations, the program provides ample scope and permits students to pursue a wide range of electives. Most specializations require the same number of course hours, core and distribution courses, and participation in a design project, however the Financial Engineering concentration requires additional specialized electives. Minors are open to students from other fields, while concentrations are within a field.
The Applied Operations Research Concentration
A flexible concentration for structuring electives and project work to match the interests of students. The centerpiece is the engineering design project, which is done for a sponsor—a corporation (often a manufacturing company), governmental agency, or other enterprise. This option is most appropriate for students with Operations Research undergraduate degrees who want to increase the depth and breadth of their exposure to OR and its applications. It also appeals to those with undergraduate degrees in other fields who want to experience the techniques and practice of OR firsthand.
The Manufacturing Minor
Students specialize in the engineering of manufacturing systems. This minor addresses all aspects of the design, production, and distribution of economic goods and services, the fundamentals of modern manufacturing technology, and the use of computers for design analysis and process management.
The Financial Engineering Concentration
Students prepare for careers that include the quantitative analysis of financial instruments and financial risks. These careers usually involve mathematical modeling and quantitative analysis of stocks, bonds, options, and currency exchange rates, etc., and/or helping corporations understand and manage the risks they take. The Financial Engineering concentration includes the opportunity to participate in a summer internship.
The Systems Engineering Minor
Students with diverse, interdisciplinary skills prepare to integrate engineering system components, ensure total system operability, and understand the various economic forces in the marketplace. This minor responds to the increasing need from industry for engineers who go beyond the expertise in a particular engineering discipline. Graduates are expected to be in demand by industries engaged in creating, designing, developing, manufacturing, and marketing products.
The Information Technology Concentration
Students prepare to participate in the development, acquisition, and integration of information systems, particularly those embodying OR approaches, and to ensure that the results meet strategic business needs. Students who elect this concentration are introduced to the essentials of information technology and ways to bring it to bear to assist real decisions in enterprises.
The Semester in Strategic Operations (SSO)
This concentration incorporates a coherent, integrated view of the entire industrial enterprise, ranging through product design, floor-level manufacturing, logistics, quality, organization, marketing, and globalization. Students and faculty from the College of Engineering, the Johnson Graduate School of Management, and the School of Industrial and Labor Relations participate. The fall semester is used to fill core and elective requirements in ORIE. For scheduling reasons, students must have demonstrated strong backgrounds in operations research, or spend more than the standard two semesters to obtain their masters degree.
The Data Mining and Analytical Marketing Concentration
A pilot program, focusing on fact-based, data-driven decisions in marketing, which is viewed as the process of planning and executing the conception, pricing, promotion, and distribution of ideas, goods, and services. The focus is on data-mining techniques from a statistical, marketing, and computer science perspective.