Master By Research

Management Science and Engineering is an interdisciplinary field that seeks to optimize the management process by applying mathematical, statistical, social scientific, technological, and computer science principles and tools, as well as other natural science methodologies.

Our school formally launched two undergraduate programs on Information Management and Information Systems in 2001 and E-commerce in 2002. In 2010, it was authorized to award a master’s degree in the first-level discipline of management science and engineering. The school has been rated as “National Experimental Teaching Demonstration Center” and “Beijing Excellent Teaching Team”. Due to our dedication to rigorous instruction and research, our team has received honors such as the “First Prize of Outstanding Achievement for Research in Beijing Institutes of Higher Education” and “Second Prize of Beijing Higher Education Teaching Achievement”. A multidisciplinary and multi-lingual international management talent paradigm is created as this discipline integrates cutting-edge management science theories with the benefits of BFSU’s language and cultural disciplines. In addition, it sets up four sub-disciplines: international logistics and supply chain management; financial engineering and risk management; big data and business analysis; and data science and global governance.

Sub-disciplines

1. Financial Engineering and Risk Management program

Featuring multidisciplinary approach and curricular innovation, the Financial Engineering and Risk Management program will take you through the complex risks prevalent in international financial markets. The program equips students with extensive knowledge and research skills in various topics such as optimal security design, pricing of financial products, pricing of energy derivatives and their options, as well as how macro factors such as monetary liquidity affect asset prices, how risks such as sovereign acts, financial market volatility, and trade frictions impact China’s outbound investments, how to spot risks of informal finance and how to avoid them, how to analyze disclosure behavior and regulatory risk of listed companies, and many others.

The program is dedicated to cultivating high-caliber specialists who can critically avoid financial risks through sophisticated approaches such as mathematical modeling, numerical calculation, network diagramming, and simulation. Students here are trained to be experts at applying innovative financial instruments and tools, pricing financial derivatives, designing trading strategies, and managing financial risk. The program helps students achieve excellent career development in financial institutions, government departments, research institutes, etc., since our graduates stand out from their peers as competent professionals in many areas, including product design, asset pricing, data analysis, economic forecasting, and risk management.

Courses offered by this program include, but are not limited to advanced statistics, management research methods, advanced operations research, financial mathematics and modeling, financial engineering, financial management theory and practice, empirical finance, selected literature and other core courses, as well as elective courses such as financial theory and policy, financial accounting theory and practice, financial research, business analysis methods, intermediate econometrics, special topics in fintech, and intercultural communication and management.

2. Data Science and Global Governance program

The Data Science and Global Governance program sets out to tackle economic recovery challenges in the global governance system. Our in-depth research is supported by computer science, computational science, statistics, and artificial intelligence. We have also built expertise into our interdisciplinary research to focus on frontier issues in emerging technologies and innovation development, international trade and global industrial chain, and environment and sustainable development.

Our program incorporates data-based methods in analyzing global governance issues. We also feature constructive research covering the Belt and Road Initiative, global trade policy, the industrial chain, international investment, public health policy, and energy and environmental economics and policy. Students are encouraged to design and identify rules of global governance with their skills in computer science, computational science, statistics, and artificial intelligence. Here, they grow and thrive as high-caliber talent with solid interdisciplinary knowledge, strong global governance competence, and patriotism.

Major courses: advanced statistics, management research methods, data warehousing and data mining, business analysis methods, data analysis and visualization, social network analysis, global governance topics, selected literature.

Optional courses: intermediate econometrics, intercultural communication and management, regional and national economics, international finance research, international capital markets, international economic law research, etc.

3. International Logistics and Supply Chain Management

This program aims to help Chinese enterprises tackle the complex international environment and cross-cultural challenges when going abroad. Using appropriate management tools, it focuses on joint pricing and operation management of the global supply chain, rapid response production management, optimal contract design of supply chain, supplier relationship and portfolio management, international logistics scheduling and optimization, network equilibrium analysis, and optimization management. Through extensive education, we enable qualified graduates to plan, organize, coordinate, and supervise the supply chain and logistics activities across national and organizational boundaries in the international environment.

Our program features the perfect mix of frontier theories and practice of modern logistics and supply chain management with strong management and cross-cultural communication skills. We are proud that our students have a sound track record in the planning and organizing of the supply chain and logistics activities across national and organizational boundaries. Their talents and professionalism are highly valued by employers from operation and logistics management departments of multinationals, large logistics and supply chain management enterprises, international logistics parks, consulting agencies, government agencies, and universities alike.

A cohort of informative courses is readily available, including Advanced Statistics, Research Methods in Management, Advanced Operations Research, Operations and Supply Chain Management, Supply Chain Decision Analysis, MATLAb and Optimization, Business Analysis Methods, and Selected Literature. Students are also encouraged to explore a variety of optional courses on offer including Financial Mathematics and Modeling, Organizational Behavior, Strategic Management, Data Warehousing and Data Mining, International Marketing, Digital Business Model Innovation, and Cross-Cultural Communication and Management.

4. Big Data and Business Analytics

This program combines information science, statistics, and information systems with finance and e-commerce. By doing so, our students conduct research with tools such as artificial intelligence, big data, data mining, natural language processing, and methods in management science. They dive into innovative product design and the operation of digital business models, intergovernmental information sharing and global governance of the Internet, data mining, user profiling, and intelligent recommendation based on multi-lingual and multicultural consumers, operation, and management decisions of cross-border e-commerce.

To better prepare our students to adapt to the requirements of economic globalization and the knowledge economy, we strive to foster talent with solid expertise in information technology and mathematics, which enables them to extract and process valuable information, understand data, and make data-driven business decisions for the automation and optimization of business operation. Our students also excel in cross-cultural communication skills and multi-lingual data analysis, enabling them to better understand the information needs of users from different cultures, and to master modern, digital, and mobile business management theories and skills.

Major courses: Advanced Statistics, Research Methods in Management, Digital Business Model Innovation, Data Warehousing and Data Mining, Business Analytics Methods, Digital Marketing, MATLAB and Optimization, Selected Literature. 

Optional courses: Strategic Management, Financial Accounting Theory and Practice, Accounting Information Systems and Financial Sharing, International Marketing, Consumer Behavior, Financial Statements and Business Analysis, and Cross-cultural Communication and Management.