Causes of the decline of the business school management science course

Causes of the decline of the business school management science course

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Article ID: iaor20052880
Country: United States
Volume: 1
Issue: 2
Publication Date: Jan 2001
Journal: INFORMS Transactions on Education
Authors:
Abstract:

The business school management science course is suffering serious decline. The traditional model- and algorithm-based course fails to meet the needs of MBA programs and students. Poor student mathematical preparation is a reality, and is not an acceptable justification for poor teaching outcomes. Management science Ph.D.s are often poorly prepared to teach in a general management program, having more experience and interest in algorithms than management. The management science profession as a whole has focused its attention on algorithms and a narrow subset of management problems for which they are most applicable. In contrast, MBAs rarely encounter problems that are suitable for straightforward application of management science tools, living instead in a world where problems are ill-defined, data are scarce, time is short, politics is dominant, and rational ‘decision makers’ are non-existent. The root cause of the profession's failure to address these issues seems to be (in Russell Ackoff's words) a habit of professional introversion that caused the profession to be uninterested in what MBA's really do on the job and how management science can help them.

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