Business Engineering and Management Sciences

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.

BEMS students may elect to complete a concentration in one of the following areas:

Corporate Management:

Learn to lead organizations — from understanding human behavior and organizational design to applying quantitative management tools that drive smarter decisions. Develop the strategic acumen needed to manage teams, drive change, and make high-stakes decisions with both analytical rigor and leadership confidence. Ideal for students who want to be in the room where it happens — and to come prepared.

Careers: general management, management consulting, project management, corporate strategy, operations leadership

• Take 18 credit hours from the following:
  • EBGN315 – Econ. of Strategy
  • EBGN320 – Econ & Technology
  • EBGN360 – Intro to Entrepreneurship
  • EBGN346 – Intro. to Investments
  • EBGN351 – Intro. to Dec. Sci.
  • EBGN447 – Fin. Risk Mgmt.
  • EBGN458 – Decision Analytics
  • EBGN459 – Supply Chain Management
  • EBGN461 – Stochastic Models in Management Science
  • EBGN477 – Organizational Leadership
  • EDNS430 – Corporate Social Responsibility
  • HASS482 – Employment Law

Financial Economics:

Build the quantitative and analytical toolkit that enables you to think rigorously about how economies and financial markets function. Go beyond introductory finance and economics into investment analysis, risk management, market design, and applied econometric modeling to learn what makes markets tick.

Careers: financial analysis, economic consulting, corporate finance, investment banking policy analyst

• Take at least 9CH from the following list:
  • EBGN301 – Intermediate Microeconomics
  • EBGN302 – Intermediate Macroeconomics
  • EBGN346 – Introduction to Investments
  • EBGN447 – Financial Risk Management
  • EBGN495 – Economic Forecasting
• The remaining 9CH may come from a combination of the courses listed above or the following courses:
  • EBGN315 – Economics of Strategy
  • EBGN330 – Energy Economics
  • EBGN430 – Advanced Energy Economics
  • EBGN461 – Stochastic Models in Management Science
  • MATH324 – Statistical Modeling
  • MATH332 – Linear Algebra (or MATH342)

Energy and Natural Resource Management:

Capitalize on Mines’ legacy in Earth, Energy, and Environment as you develop expertise in energy and commodity markets, resource economics, and environmental policy — while building enough technical literacy to engage credibly with engineers and scientists. Whether your focus is traditional resources or the clean energy frontier, you’ll graduate ready to serve the needs of the industry as it exists today and where it’s heading tomorrow.

Careers: energy market analyst, energy policy, commodity trading, energy systems management, regulatory affairs

• Take at least 9CH from the following list:
  • EBGN310 – Environmental and Resource Economics
  • EBGN330 – Energy Economics
  • EBGN340 – Energy and Environmental Policy
  • EBGN434 – Property Rights and Natural Resources
  • EBGN435 – Economics of Water
  • EBGN430 – Advanced Energy Economics
  • EBGN470 – Environmental Economics
  • MNGN210 – Introductory Mining
  • PEGN201 – Petroleum Engineering Fundamentals
• The remaining 9CH may come from a combination of the courses listed above or the following courses:
  • EBGN301 – Intermediate Microeconomics
  • EBGN302 – Intermediate Macroeconomics
  • EBGN315 – Economics of Strategy
  • EBGN351 – Introduction to Decision Science
  • EBGN447- Financial Risk Management
  • EBGN477 – Organizational Leadership
  • EBGN495 – Economic Forecasting
  • EDNS430 – Corporate Social Responsibility

Computing: 

Go beyond data science into the foundations of computer science itself. This concentration builds the technical depth to design, evaluate, and work alongside complex software systems — from algorithms and software engineering to artificial intelligence and machine learning. You’ll bring something rare to tech roles: genuine computer science fluency paired with business strategy and economic reasoning

Careers: business intelligence, data engineering, tech consulting, product management, Ai/ML roles

• Required Course (3 CH):
  • CSCI 200 – Foundational Programming Concepts & Design
• Remaining 15 CH from the following list:
  • CSCI 210 – Systems Programming
  • CSCI 220 – Data Structures and Algorithms
  • CSCI 306 – Software Engineering
  • CSCI 341 – Computer Organization
  • CSCI 358 – Discrete Mathematics
  • CSCI 403 – Data Base Management
  • CSCI 404 – Artificial Intelligence
  • CSCI 423 – Computer Simulation
  • CSCI 470 – Introduction to Machine Learning
  • CSCI 476 – Deep Learning
  • MATH 332 – Linear Algebra (or Math 342)
  • MATH 334 – Introduction to Probability

Operations Research: 

Optimization, simulation, logistics, and decision theory — Operations Research gives you the mathematical tools to make complex systems run better. If you’re drawn to supply chains, scheduling, resource allocation, or any domain where efficiency is a competitive advantage, this is your concentration

Careers: supply chain management, logistics, process engineering, quantitative consulting

• Take 18 CH from the following list:
  • MATH 332 – Linear Algebra
  • MATH 334 – Introduction to Probability
  • EBGN 459 – Supply Chain Management
  • EBGN 461 – Stochastic Models in Management Science
  • MEGN 479 – Optimization Models in Manufacturing
  • MEGN 485 –Manufacturing Optimization with Network Models
  • MEGN 486 – Linear Optimization
  • MEGN 487 – Nonlinear Optimization
  • MEGN 488 – Integer Optimization

Actuarial Science: 

One of the most in-demand and well-compensated analytical professions, actuarial science requires deep skills in probability, statistics, and financial modeling. This concentration prepares you for actuarial exams and a career quantifying risk for insurance companies, pension funds, and financial institutions.

Careers: actuary, risk management, pension fund analysis, financial analyst

• Required Courses (6 CH):
  • MATH 334 – Introduction to Probability
  • MATH 335 – Introduction to Mathematical Statistics
• Remaining 12 CH from the Following List:
  • MATH 324 – Statistical Modeling
  • MATH 332 – Linear Algebra (or Math 342 Honors LA)
  • MATH 433 – Time Series and Its Applications
  • MATH 436 – Advanced Statistical Modeling
  • EBGN 301 – Intermediate Microeconomics
  • EBGN 302 – Intermediate Macroeconomics
  • EBGN 346 – Introduction to Investments
  • EBGN 447 – Financial Risk Management
  • EBGN 495 – Economic Forecasting

Engineering concentration: 

Fascinated by how things work at a physical or mechanical level? This concentration builds the technical fluency to work shoulder-to-shoulder with engineers — developing hands-on skills in design, analysis, and problem-solving. Bridge the gap between technical teams and business leadership by speaking both languages with confidence.

Careers: technical project management, engineering management, operations, industrial consulting

• At least 15 hours from the following:
  • Thermodynamics: MEGN261 or CHGN209 or CBEN210 or GEGN330 or MNGN251or MTGN251
  • Statics: CEEN241 or MNGN318
  • Circuits:EENG281 or EENG282
  • Materials: MTGN202 or CEEN311 or MEGN212 or MNGN310
  • Fluids:CEEN310 or MEGN351or PEGN251
  • CBEN200 –Computational Methods in Chemical Engineering
  • CBEN201 –Material and Energy Balances
  • CBEN250 –Introduction to Chemical Analysis and Design
  • CEEN267 –Design II: Civil Engineering
  • CEEN315 –Civil and Environmental Engineering Tools
  • CEEN317 –Exploring Engineering Dynamics
  • EDNS251 –Cornerstone Design II
  • EENG284 –Digital Logic
  • MEGN200 –Introduction to Mechanical Engineering: Programming and Hardware Interface
  • MEGN201 –Introduction to Mechanical Engineering: Design & Fabrication
  • MEGN381 –Manufacturing Processes
  • MTGN211 –Structure of Materials
  • MTGN281 –Introduction to Phase Equilibria in Materials Systems
  • MNGN210 –Introductory Mining
  • PEGN201 –Petroleum Engineering Fundamentals
  • PEGN308 –Reservoir Rock Properties

Download the full list of concentration areas and approved courses.

Courses in the business core help students to learn the fundamental language and mechanics of how companies operate. Core business courses include Accounting, Finance, Economics, Management, Marketing, and Business Communications. Together, these courses ensure that BEMS graduates have contextual perspective to understand the “why” behind every business problem. A knowledge of the ins and outs of a company’s operations empowers graduates to ask the right questions, build relevant models, and translate complex analytical insights into actional strategies that create value for the business.

Courses in the analytics core provide students with the skills to use data to extract insights and drive organizational growth and efficiency. Introductory analytics courses teach students to evaluate “what happened” through developing the foundational skills of data wrangling, summarizing, and visualization. Advanced analytics courses enable students to predict “what will happen” and evaluate “what should be done” using statistical modeling, machine learning, optimization, and decision analysis tools.

Business elective courses allow student to develop a depth of knowledge in a relevant area of focus.

The industry-sponsored business capstone is the culmination of the BEMS degree where students work in groups as consultants for a real company. Clients provide teams with a genuine business challenge they need solved, a real problem that impacts its operations, strategy, or bottom line. Students spend a semester defining the problem, engineering solutions using quantitative modeling, data analytics, and strategic thinking, and presenting their solution to business leaders.

For specific course requirements, click here.

The BEMS degree provides a unique skillset that opens doors to a variety of in-demand and well-compensated career paths. The engineering approach to business means graduates are equipped not only with business acumen but also with strong analytical, quantitative, and problem-solving skills, making them highly valuable to employers. Graduates of the BEMS program can enter a variety of industries and careers. Some possible career paths include:

• Business/Management Consulting
• Business Analyst
• Product Management
• Project Management
• Operations Management
• Financial Analyst
• Supply Chain Management
• Business Intelligence Analyst
• Data Scientist
• Operations Research Analyst

BEMS graduates reported an average starting salary of $82,500 for 2023-2024.

Hear from BEMS student Phillip Cattanach why he chose the BEMS program at Mines:

When studying business engineering and management science at Mines, you’ll be engaged in an undergraduate business program unlike any other. The BEMS program at Mines stands alone in its approach, uniquely fusing the rigorous, analytical problem-solving of engineering with essential business acumen. Unlike traditional business degrees, BEMS focuses on engineering solutions for complex organizational challenges. You won’t just learn business principles; you’ll master advanced data analytics, operations research, and quantitative methods, directly applying these technical skills to optimize processes, inform strategic decisions, and drive efficiency in real-world scenarios. This distinctive blend prepares you to be a bilingual professional, capable of bridging the critical communication gap between technical innovators and business leaders, making you an indispensable asset in any industry.

Our program’s strength is amplified by a faculty rich in both academic expertise and industry experience, ensuring you learn cutting-edge theories alongside practical, real-world applications. The overall Mines experience provides an unparalleled environment for an analytical mind: a collaborative, rigorous academic community with deep connections to industry, where hands-on, project-based learning culminates in an industry-sponsored capstone that directly launches your career. Combined with the vibrant lifestyle in Golden, Colorado, BEMS at Mines offers a transformative education that equips you to strategically lead and innovate in the modern workplace.

Learn more about our BEMS students and graduates and what they do in the program here:

Business Capstone Experience

Meet Our Students and Graduates