2020-2021 Catalogue

Quantitative Perspectives

The well-educated person knows how to be a critical thinker, and a critical thinker asks good questions. To take a quantitative perspective on the world means that the questions we form can be best answered with some analytical thinking about real data or theoretical models. When discussing a current issue like the large number of people without adequate health care, the quantitative thinker might ask, “How many people have this problem? How do we know? Is lack of health care highly associated with level of education? How much does the problem vary between highly industrialized nations and lesser-developed ones? How much does this problem vary between countries of similar development?” A quantitative perspective on the world provides a useful, and often beautifully enlightening way to engage meaningful questions.

The Liberal Studies Major in Quantitative Perspectives (LSM-QP) is different than a traditional Math major or minor in that it does not focus on a large set of skills and techniques, but instead considers how to make connections between quantitative analysis and other disciplines.

The LSM consists of eight courses and a culminating project (LSM 450). Students can apply no more than two business courses and no more than two non-Bentley courses to the major. Up to two AP or IB courses can be applied to the major. Not all LSM concentrations can be paired with all business majors. See the major/minor exclusions list for more information.

Requirements 

Course Title Credits
Select one course from the Deterministic Perspective (according to math placement)3
Applied Calculus for Business II
Calculus II
Select one course from the Probability and Statistics Perspective3
Select one course from the Interdisciplinary Perspective3
Select one course from the Student Interest Perspective3
Select four courses from the Applied Quantitative Perspective12 to 13
LSM - Culminating Experience

Probability and Statistics Perspective 

Course Title Credits
Select one of the following courses:3
Probability Models for Business Decision-Making
Discrete Probability
Regression Analysis 1
Continuous Probability for Risk Management
The Mathematics of Discrete Options Pricing
Data Mining

Interdisciplinary Perspective 

Course Title Credits
Select one of the following courses:3
Chaos, Fractals and Dynamics
Mathematics of Sports
Linear Models for Business Decision-Making
Probability Models for Business Decision-Making
Mathematical Modeling in Environmental Management
Continuous Probability for Risk Management
Mathematical Logic
The Mathematics of Computer Graphics
Game Theory
Actuarial Topics in Probability and Risk Management

Student Interest Perspective 

Course Title Credits
All students must, in consultation with the LSM advisor, take one other MA course numbered 200 or higher:3
Chaos, Fractals and Dynamics
Matrix Algebra with Applications
Linear Models for Business Decision-Making
Probability Models for Business Decision-Making
Mathematical Modeling in Environmental Management
Calculus III
Differential Equations
Linear Algebra
Discrete Probability
Regression Analysis 1
Design of Experiments
Numerical Methods
Continuous Probability for Risk Management
Discrete Mathematics
Mathematical Logic
The Mathematics of Computer Graphics
Game Theory
Financial Calculus and Derivative Pricing
The Mathematics of Discrete Options Pricing
Data Science
Data Mining

Applied Quantitative Perspective 

Course Title Credits
Select four courses (12 credits or 13 credits if NASC 100/101 is selected)12 to 13
The student will take, in consultation with the LSM advisor, four additional electives outside of the mathematical sciences. For each course, the student will connect the course to the LSM by looking at the course content with a quantitative perspective. This will typically be accomplished with a paper within the course or a paper written in consultation with the LSM advisor.
Media and Politics
History of the World Economy
Economic History of the United States
20th Century U.S. Economic History
Astronomy: Solar System
Astronomy: Stars and Universe
Energy and The Environment
Life in the Universe
The Science and Business of Biotechnology
Human Health and Disease in Today's World
Human Inheritance
Water and the Environment
Global Climate Change
Weather and Climate
Light and Color
Energy Alternatives
Science of Sustainability
Business Departments: (LSMs may use no more than two Business Department courses)
Business Processing and Communications Infrastructure
Intermediate Price Theory
Intermediate Macroeconomics
Introduction to Econometrics
Principles of Accounting and Finance
Financial Markets and Investment
Decision Support and Business Intelligence
Enterprise Systems Configuration for Business
Marketing Research

1 Title of MA 252 is now Regression Analysis.