MIT Reports to the President 1994-95

TEACHING PROGRAMS

UNDERGRADUATE PROGRAM

During the 1994-95 school year, 46 seniors majoring in management science were graduated. Of those 46 seniors, 24 chose an option in finance, 12 selected information technologies, five concentrated in marketing research, three in operations research, and two in behavioral science.

Eleven of our graduates also received bachelor's degrees from other departments: three from the Department of Mechanical Engineering and two each from the Departments of Mathematics, and Humanities and Social Science; and one each from the Departments of Civil and Environmental Engineering, Earth, Atmospheric, and Planetary Sciences, Mathematics, Brain and Cognitive Sciences, and Economics. One student received simultaneously SB degrees in Management Science and Computer Science and Engineering, and the Master of Engineering degree in Computer Science and Engineering; and a second student received simultaneously the SB degree in Mathematics, the MBA degree in Management, and the SM degree in Civil and Environmental Engineering.

At a post commencement reception, the Department recognized Shraddha Dalal and Philip Tracadas, June 1995 graduates, with the Sloan School of Management Senior Prize. Awarded to outstanding seniors majoring in management science, this prize, given annually, honors students who have achieved high scholastic standing and have demonstrated leadership and professional promise. Students honored during the year included Brian Blatnik, a management science and mathematics double major, who was elected to Phi Beta Kappa; senior Amy McKenna who received honorable mention for Short Story in MIT's annual writing competition; junior Casey Sackett who took third place for Short Story in the writing competition; and Allison Walters, class of 1996, who was presented the Frederick Gardiner Fassett Jr. Award for unselfishly demonstrating the qualities of spirit, dedication, and service to interfraternity life.

This spring 112 students were enrolled in the Management Science Program. (Enrollment figure is estimated since no official count was generated by the Registrar.) Twenty-six additional students were enrolled in management science as their second SB department.

Eighty-six of our continuing undergraduates have declared their options as follows:

Finance 45
Information Technologies 24
Marketing Research 12
Operations Research 3
Behavioral Science 2

A large number of students from other MIT degree programs continue to enroll in our management subjects. In the 1994-95 academic year, using the accounting formula of Sloan's Dean of Administration to measure FTEs, there were 496 undergraduate enrollments which represents the classroom equivalent of 62 full-time students in addition to the 112 undergraduates in our program.

Faculty serving as undergraduate advisors were Professors Thomas J. Allen, Dimitris J. Bertsimas, John S. Carroll, Steven D. Eppinger, Stephen C. Graves, John D. C. Little, Michael A. Rappa, and Maureen A. Scully, along with Dr. Jeffrey A. Meldman, Director of Undergraduate Programs, Mr. David R. Breakstone, and Ms. Hillary De Baun, Assistant Director of Undergraduate Programs. Professor Carroll continued as departmental coordinator of MIT's Undergraduate Research Opportunities Program (UROP) and Mr. Breakstone as departmental writing coordinator for Phase Two of the Institute Writing Requirement. Dr. Meldman served as chair of the Undergraduate Advisors Committee and as IAP coordinator, and Ms. De Baun served as IAP administrative coordinator.

Faculty serving on the Undergraduate and Out-of-Course Policy Committee included Professors Allen, Stuart E. Madnick, and Thomas M. Stoker, together with Dean Jeffrey A. Barks, Dr. Meldman, and Ms. De Baun. Professor Carroll served ex officio and Professor John Little chaired the committee. Ms. De Baun also served on the Diversity and Community Committee at Sloan.

During January 1995 we offered a number of IAP activities: The Foreign Currency Exchange Bourse Game, given for the eighth year in conjunction with Citibank, was coordinated by Professor Jiang Wang and Mr. David A. Weber. Professor John Little presented his series on "What is Management Science?" and Professors Robert M. Freund and Thomas L. Magnanti conducted sessions on the Practice of Operations Research and What is Operations Research? respectively. Dr. Meldman and Professor J. D. Nyhart held sessions in Dr. Meldman's series "A Brief Introduction to Law." "System Dynamics: Principles and Environmental Application" was sponsored by Professor John Sterman. Lecturer David Breakstone conducted a workshop on oral presentation; Hillary De Baun gave workshops on how to write a résumé and cover letter and on effective interviewing; and Dr. Lori Breslow taught in a workshop on Teaching Better at MIT.

In addition to participating in IAP, members of our faculty contributed to undergraduate education at the Institute in the following ways: Professors Rappa, Graves, Robert B. McKersie and Paul J. Resnick and Dr. Meldman advised freshmen and also conducted freshman advisor seminars for their advisees. Twelve of our faculty served on Institute committees related to undergraduate educational policy or to our undergraduate program: Professor Birger Wernerfelt served a third year on the Committee on Curricula; Professor Thomas A. Kochan joined the Faculty Policy Committee; Professor Michael S. Scott-Morton chaired the Committee on the Library System; Professor Ernst R. Berndt served on the James R. Killian, Jr. Faculty Achievement Award Selection Committee for 1995-96; Professor Allen again chaired the Athletic Board; Professor Lotte Bailyn served a second year on the IAP Policy Committee; Professors Sterman and Roy E. Welsch sat on the Committee on Operations Reseearch, which was co-chaired by Professor Magnanti; and Dr. Meldman served on the Prelaw Advisory Council, chaired by Professor Nyhart, and on the Committee on the Use of Humans as Experimental Subjects. Twenty-eight faculty supervised UROP projects for students from departments throughout the Institute.

THE MASTERS PROGRAM

MIT Reports to the President 1994-95