Analytics and Decision Sciences
In collaboration with faculty from Statistics, Mathematics, Economics, Management, Philosophy, and Psychology, we offer a minor in Analytics and Decision Sciences (ADS). This interdisciplinary program is unique to King's and allows students to focus on the intersection between data and decision making, bringing mathematics into a new kind of venture with the managerial and social sciences. This minor can be combined with any major, specialization, or honors specialization at any Western campus (King's, Brescia, Huron, or Main*) to create a more customized degree program.
For Ontario high school students a minimum 80% final entrance average is required. Averages are calculated on the top six 4U or 4M credits including English 4U. Students wishing to enter the Analytics and Decision Sciences degree modules for second year will be required to complete a first year full course in Math including Calculus. MCV 4U is strongly recommended.
College transfer students are required to have a minimum cumulative average of "B" or better in an acceptable one-year certificate (General Arts and Sciences, Pre-Health Science, Human Services Foundation) or completed diploma. College transfer students may earn up to a maximum of five transfer credits. Individual courses must have a minimum achievement of 60% to be considered for transfer credit.
King’s projects a minimum 65% for admission for students transferring from another Canadian University. A maximum of ten transfer credit may be granted. Individual courses must have a minimum achievement of 60% to be considered for transfer credit.
There may be secondary school level prerequisite courses necessary to be eligible for registration in some King’s courses or to be eligible for admission to some programs. Please contact the Admissions Office for more information before applying.
In first year, full-time students pursuing an Analytics and Decision Sciences module typically take 4.0 required credits and 1.0 elective:
- 1.0 Credit- Business 1220E – INTRODUCTION TO BUSINESS: students learn business fundamentals in finance, marketing, operations, organizational behavior and general management. The course is delivered using Ivey's renowned case method, which challenges students to learn by doing, within an active class environment of no more than 85 students. Students explore real business issues, make management decisions, defend their position, and take action. This course will be particularly appealing to those students who want a glimpse of Ivey's unique learning experience.
- 0.5 Credit- Economics 1021A/B – PRINCIPLES OF MICROECONOMICS: The problem of scarcity and its implications, choice; opportunity cost, specialization and exchange; supply and demand; economic choices of households and firms; competition and monopoly; resource markets; public policy; income distribution.
- 0.5 Credit - Economics 1022 B – PRINCIPLES OF MACROECONOMICS: National income; aggregate supply and aggregate demand; inflation, unemployment and interest rates; money and monetary institutions; economic growth; balance of payments; and exchange rates.
- 1.0 Credit- Psychology 1000, 1000W/X – INTRODUCTION TO PSYCHOLOGY: An introductory survey of the methods and findings of modern scientific psychology. The following topics will be covered: history and methodology, biological psychology, sensation and perception, learning and motivation, verbal and cognitive processes, developmental psychology, social psychology, individual differences (intelligence and personality), and clinical psychology.
- 0.5 Credit- Math 1229 A/B - METHODS OF MATRIX ALGEBRA: Matrix algebra including vectors and matrices, linear equations, determinants. This course is intended primarily for students in the Social Sciences, but may meet minimum requirements for some Science modules.
- 0.5 Credit- Math 1230 A/B - CALCULUS FOR SOCIAL SCIENCES: Review of differential calculus with transcendental functions; methods of integration; constrained and unconstrained multivariable optimization, with applications; mathematical modelling with differential equations, including applications in management, finance, economics, and social science.
- 1.0 additional elective in any subject numbered 1000 - 1999.
You are not asked to declare your areas of concentrations (i.e., minor, major, specialization, honours specialization) until the end of first year. You can take Management and Organizational Studies (MOS) courses in first year, and still have the option to pursue a degree in your non-MOS electives.
Careers include administration, finance, banking, marketing, accounting, government, management and teaching.
Fee details and schedules are available at www.kings.uwo.ca/fee-schedules/