Discussion- Management science and Journal entry

profileMark3433
Postbystudent-2-reply.docx

I am  not in  a management role:

· How do you see the methods covered in this course helping you in your current job or anticipated future employment?

My current job is in the banking sector doing a variety of activities related to account inactivity and state reporting. Each state regulates how the bank should handle accounts that have not been active for a predetermined amount of time and then requires each financial agency to report annually the total accounts due in a given reporting year based on the last date the customer performed a transaction. 

Although I couldn't see using the methods would help a ton in my current role, I could see the methods being used in the branches where there is more sales activity. Being able to project the costs of new financial products through the use of a spreadsheet model would allow upper-level sponsors to support the product quicker and include funding to ensure its longevity. What if scenarios could also be addressed through the use of a sensitivity analysis within Excel that addresses input values that predict future outcomes.