Business Systems Engineering course offered spring term
By: Amy Peterson
Issue date: 3/4/05 Section: News
Originally published: 3/4/05 at 11:58 AM EST
Last update: 3/4/05 at 12:04 PM EST
Originally published: 3/4/05 at 11:58 AM EST
Last update: 3/4/05 at 12:04 PM EST
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The College of Engineering's Electrical and Computer Engineering Department will be offering the first course of its new Business Systems Engineering program Spring 2005 term.
The program will serve to prepare engineering students with the business skills they need and vice versa. If funded by the National Science Foundation, within one and a half years the core components will be in place at the sophomore and pre-junior level. Sophomore year will focus on fundamental business sciences, while pre-junior year will concentrate on business systems engineering. Many existing courses can easily be modified to serve the program's purposes.
"[In a Controls class,] rather than learning how to control a motor, students can learn how to control a portfolio of securities," said Professor of Electrical and Computer Engineering, Allon Guez, architect of the Business Systems Engineering program along with graduate student Diem Bui.
"The mathematical and computer models for hardware systems, such as the mechanics of a machine are frequently equally applicable to business problems such as the effectiveness of an advertising budget."
In Business Systems Engineering, many introductory business courses will be covered for engineers. Financial engineering tools, usually not seen until graduate school for business majors, will be introduced and covered in these undergraduate courses. Business students need and will receive "enhancement of systems engineering skills."
Although the first course in the Business Systems Engineering program, ECES 490- Business Systems, is an engineering course, it is open to all students who have knowledge of differential equations. Guez himself will teach this course, which will focus on the applications of systems modeling, systems engineering and systems controls to common business problems.
The inspiration for this program comes from the current situation in the business world. Many engineers work on business projects, although they are not provided with basic business skills in their engineering programs. As a result, their employers must send them back to school for a MBA and at great cost to the business.
When the Business Systems Engineering program receives funding, an advisory board will be formed. It will consist of faculty from the CoE and LeBow College of Business as well as members of the industry. The goal of the advisory board will be to shape the program so that BSE may become a major, minor, or concentration. The advisory board will evaluate the benefits of each of these options and determine the best plan for this program.
Business Systems Engineering is set to receive funding from the NSF this summer. The past submission of a similar proposal received six "very good" ratings from the seven judges at the NSF, although no funding was awarded. The proposal has been altered per the suggestions of the NSF judges and will be resubmitted next week.
The program will serve to prepare engineering students with the business skills they need and vice versa. If funded by the National Science Foundation, within one and a half years the core components will be in place at the sophomore and pre-junior level. Sophomore year will focus on fundamental business sciences, while pre-junior year will concentrate on business systems engineering. Many existing courses can easily be modified to serve the program's purposes.
"[In a Controls class,] rather than learning how to control a motor, students can learn how to control a portfolio of securities," said Professor of Electrical and Computer Engineering, Allon Guez, architect of the Business Systems Engineering program along with graduate student Diem Bui.
"The mathematical and computer models for hardware systems, such as the mechanics of a machine are frequently equally applicable to business problems such as the effectiveness of an advertising budget."
In Business Systems Engineering, many introductory business courses will be covered for engineers. Financial engineering tools, usually not seen until graduate school for business majors, will be introduced and covered in these undergraduate courses. Business students need and will receive "enhancement of systems engineering skills."
Although the first course in the Business Systems Engineering program, ECES 490- Business Systems, is an engineering course, it is open to all students who have knowledge of differential equations. Guez himself will teach this course, which will focus on the applications of systems modeling, systems engineering and systems controls to common business problems.
The inspiration for this program comes from the current situation in the business world. Many engineers work on business projects, although they are not provided with basic business skills in their engineering programs. As a result, their employers must send them back to school for a MBA and at great cost to the business.
When the Business Systems Engineering program receives funding, an advisory board will be formed. It will consist of faculty from the CoE and LeBow College of Business as well as members of the industry. The goal of the advisory board will be to shape the program so that BSE may become a major, minor, or concentration. The advisory board will evaluate the benefits of each of these options and determine the best plan for this program.
Business Systems Engineering is set to receive funding from the NSF this summer. The past submission of a similar proposal received six "very good" ratings from the seven judges at the NSF, although no funding was awarded. The proposal has been altered per the suggestions of the NSF judges and will be resubmitted next week.
