Business Engineering and Management Science

Bachelor’s Degree

Business Engineering and Management Science

Bachelor’s Degree


The Bachelor of Science in Business Engineering and Management Science (BEMS) program prepares students with an interest and aptitude in STEM to be leaders in an increasingly data- and technology-driven business world. Unlike traditional business degrees that focus solely on case studies and best practices, this quantitative business program relies on intentional, deep, scientific analyses. 

After a solid grounding in math and engineering fundamentals, our students are then trained in the latest quantitative business tools, with a focus on two core areas: data analytics and operations research, and business principles. Our program offers five specialization tracks, from which students can choose two: 

  • Business analytics 
  • Financial engineering 
  • Artificial intelligence and machine learning 
  • Advanced manufacturing 
  • Technology mangement

Learn more about our innovative business degree here: Division of Economics and Business website

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Experiential Major Menus

Uniquely tailored to your undergraduate major of choice, these menus offer a wide array of extra-curricular activities that complement and enrich the traditional classroom experience.

Explore the extra-curricular activities that complement your degree.


·      Flexible degree options

·      A business degree for those with a passion for technology

·      Recent $1 million gift to spur innovation in business education

·      Mines professor, Dr. Lange, selected as director for Commodity Futures Trading Commission

Program Objectives

Upon completion of the degree, students will be able to:

  1. Identify, access, validate, and visualize relevant data to inform business decisions.
  2. Demonstrate proficiency with deterministic and stochastic analytical tools.
  3. Demonstrate mastery of business principles.
  4. Build models and apply quantitative tools to inform decisions about business strategy and operations.
  5. Communicate effectively in a professional context in a variety of formats.
  6. Identify and propose solutions to ethical issues in business decision-making.
  7. Demonstrate expertise in their track areas of choice.


Business Engineering & Management Science Curriculum

Major Core

Data Analytics & Operations Research Core (18 credit hours)

  • CSCI303 – Introduction to Data Science
  • MATH332 – Linear Algebra
  • EBGN303 – Econometrics
  • MATH424 – Intro to Applied Statistics
  • EBGN461 – Stochastic Models in Management Science
  • EBGN455 – Linear Programming or
  • MEGN486 – Linear Optimization
  • EBGN425 – Business Analytics Capstone

Business Principles Core (18 credit hours)

  • EBGN*** – Financial and Managerial Accounting
  • EBGN345 – Corporate Finance
  • EBGN*** – Business Communications
  • EBGN*** – Principles of Marketing
  • EBGN*** – Project Management
  • EBGN485 – Strategic Management Capstone

*** indicates new course, + indicates that there is currently a 500-level version of the course


Technical Electives (choose two tracks)

Advanced Manufacturing Track (select 12 credit hours)

  • AMFG401 – Intro to Additive Manufacturing
  • AMFG422 – Lean Manufacturing
  • AMFG498 – Design and Analysis of Experiments
  • ORWE498 – Optimization Models in Manufacturing

Financial Engineering Track (select 12 credit hours)

  • EBGN346 – Intro to Investments
  • EBGN*** – Financial Risk and Wealth Management
  • EBGN*** – Energy and Commodities Markets
  • EBGN*** – Financial Technology and Data-Driven Innovation
  • EBGN*** – High-Frequency Markets: Models and Data Analysis
  • EBGN*** – Quantitative Risk Analysis+

Business Analytics Track (12 Credit hours)

  • CSCI261 – Programming Concepts (required)
  • EBGN*** – Decision Analytics (required)+
  • EBGN*** – Marketing Analytics+
  • MEGN485 – Manufacturing Optimization with Network Models
  • EBGN459 – Supply Chain Management

AI / Machine Learning Track (select 12 credits)

  • CSCI261 – Programming Concepts (required)
  • CSCI262 – Data Structures (required)
  • CSCI403 – Database Management
  • CSCI404 – Artificial Intelligence
  • CSCI470 – Introduction to Machine Learning

Technology Management Track (select 12 credits)

  • EBGN320 – Economics and Technology
  • EBGN360 – Introduction to Entrepreneurship
  • EBGN*** – Leading and Managing High Performing Teams+
  • EBGN*** – International Business Strategy+
  • EBGN*** – Strategic Decision Making+

*** indicates new course, + indicates that there is currently a 500-level version of the course


Distributed Science

  • MATH201 – Probability and Statistics for Engineers
  • CSCI101 & CSCI102 – Introduction to Computer Science
  • CBEN110 – Fundamentals of Biology I or GEGN101 – Earth and Environmental Systems or PHGN200 – Physics II-Electromagnetism and Optics or CHGN122 – Principles of Chemistry II or CHGN125 – Molecular Engineering & Materials Chemistry


When studying business engineering and management science at Mines, you’ll be engaged in an undergraduate business program unlike any other. While most universities offer a standard business curriculum, we infuse our program with unique exposure to technical and scientific topics. When studying at one of the nation’s top engineering schools, you’ll have access to research opportunities and experienced faculty who can help you shape your future.

Why study business engineering and management science at Mines?

  • Flexible program with 5 unique areas of focus
  • Top-tier faculty
  • Hands-on Senior Capstone project
  • Relations with many top industry leaders
  • Unique program design with quantitative and technical aspects built in



With an undergraduate degree in Business Engineering and Management Science from Mines, you’ll be equipped with the skillset and critical thinking skills to excel in a variety of unique fields and industries.

Rather than simply preparing our students for a career in the business world, we strive to provide our students with the skills and resources to adapt to a career path that drives their passions and interests. Following graduation, many of our students have gone on to successful careers in business, technology management, computer science, economics and more.

Additionally, when you earn your business degree at Mines, you’ll be able to take advantage of the technical prestige offered by studying at our university. As one of the top engineering and applied science colleges in the country, our program is ingrained with exposure to technical and scientific topics and relationships with many of the top industry leaders. With a BEMS degree from Colorado School of Mines, you’ll have a unique advantage in terms of technical expertise and experience when taking that next step toward your future career.

Dr. Jared Carbone

Dr. Jared Carbone 

Dr. Jared Carbone is an assistant professor in Economics and Business. He teaches undergraduate and graduate courses in microeconomics theory and computational methods as part of the Mineral and Energy Economics (MEE) degree program.

Currently, Dr. Carbone is working with NREL to develop a model for the analysis of energy policies on an economy-wide basis. He is also a member of a special panel of the Science Advisory Board for the Environmental Protection Agency and as an advisor for various other scientific and technical groups.

Making Mines
More Affordable.

Mines’ financial assistance program awards more than $60 million per year, and over 82 percent of the student body receives some form of financial aid.










Mines by the Numbers

No. 4
Best Public Universities by Salary Potential, PayScale 2020 (No. 1 in Colorado)

No. 2
Public College with Highest Return on Investment, Money Magazine, 2018

A Student Experience Like no Other

At Mines, we inspire students who are driven to be innovators and advance the knowledge of those who want to address today’s greatest challenges.