Operational Research and Management, M.Sc.

  • N/A
    Application Deadline
  • 12 months
    Duration
  • Tuition Fee
    17000 GBP/year
    Tuition fee
    10500 GBP/year
    Tuition fee
  • English (take IELTS)
    Language
University rank #150 (WUR) ,
The Lancaster Masters in Operational Research and Management Science (OR & MS) is ideal for you if you wish to work in business analytics, decision support, industrial engineering, operational research and management science. It has run at Lancaster for over 40 years.

About

Why apply for the Masters in Operational Research and Management Science?

The Lancaster Masters in Operational Research and Management Science (OR & MS) is ideal for you if you wish to work in business analytics, decision support, industrial engineering, operational research and management science. It has run at Lancaster for over 40 years. The employment record of the programme is excellent, with graduates in demand from business and the public sector for their analytical skills. There is an active alumni network.

Who is it for?

You should have, or be expecting, a first degree that includes some mathematics and statistics; for example, science, engineering, business studies or economics, as well as mathematics or statistics. Under the EPSRC Masters Training Grant scheme we offer funding to well-qualified applicants.

What will I study?

The MSc in OR & MS is a flexible degree scheme in which you choose subjects that interest you and also attend compulsory core modules. The programme prepares you to use your analytical skills in decision support and planning. In todays fast moving world, customers and citizens expect high-quality services and products that are appropriate to their needs; therefore organisations must think through their decisions before acting. You will study methods of proven value for decision support.

Will it prepare me for work?

The taught element of the programme includes modules that help you to improve your professional skills as well as your analytical abilities. The taught modules end in May and are followed by a significant real life project that runs until mid-September. In this, you will develop professional skills by working for 16 weeks as a consultant to one of our client companies, whilst being supervised by a member of staff. This is an excellent preparation for the world of work.

What about further study?

The MSc in OR & MS can also serve as a springboard for further study for a PhD.

Programme Structure

The MSc in Operational Research and Management Science consists of compulsory and optional modules, plus a project. The compulsory modules ensure that you have a firm grounding in important subjects. The wide range of optional modules allows you to specialise in subjects that particularly interest you.

Phase 1

Runs from October to December through Michaelmas Term and consists of four compulsory modules:

  • MSCI 502: Introduction to OR and Management Science (15 credits)

  • MSCI 506: Problem Solving Skills for Consultants (15 credits)

  • MSCI 519: Spreadsheet Modelling (15 credits)

  • MSCI 521: Applying Statistical Models in Business (15 credits)

Phase 2

Runs from January to mid-May, through Lent Term and for part of the Summer Term. As well as continuing with MSCI 506 (see above) you choose a further six 10-credit modules. These must include at least three of the following:

  • MSCI 504: Problem Structuring

  • MSCI 512: Computer Simulation

  • MSCI 532: Stochastic Modelling

  • MSCI 534: Optimisation and Heuristics

Other available options include:

  • MSCI 513: C++ Computer Programming

  • MSCI 523: Forecasting

  • MSCI 526: Data Mining for Marketing, Sales and Finance

  • MSCI 527: SAS Programming for Business Analytics

  • MSCI 544: Logistics

  • MSCI 564: Marketing Research Methods

  • MSCI 573: Operations and Supply Excellence

  • MSCI 575: Global Sourcing

  • MSCI 582: Marketing Analytics and Modelling

  • MSCI 583: Pricing Analytics and Revenue Management

  • MNGT 576: International Business Marketing

Phase 3

After the taught modules, you work on a 60-credit project, usually based in an organisation, on which you write a report for the client and an academic dissertation.

Detailed Programme Facts

  • Deadline and start date Application deadline and start date were not specified by the programme.
  • Programme intensity Full-time
    • Full-time duration 12 months
  • Languages
    • English
  • Delivery mode
    On Campus
Check if you match the admission requirements

English Language Requirements

You only need to take one of these language tests:

  • Minimum required score:

    7

    The IELTS – or the International English Language Test System – tests your English-language abilities (writing, listening, speaking, and reading) on a scale of 1.00–9.00. The minimum IELTS score requirement refers to which Overall Band Score you received, which is your combined average score. Read more about IELTS.

    Take IELTS test

    StudyPortals Tip: The UK government has confirmed new English-language testing requirements for visa and immigration purposes. Learn more

  • Minimum required score:

    100

    The TOEFL – or Test Of English as a Foreign Language – offers an internet-based test (iBT). The final, overall iBT score ranges between 0 and 120, and includes a scaled average from the four components (reading, listening, speaking, and writing). Read more about TOEFL (iBT).

Academic Requirements

The entry requirement for the MSc Logistics and Supply Chain Management, the MSc Management Science and Marketing Analytics and the MSc Operational Research and Management Science is normally a first or good second class honours degree in a quantitative subject. Students with first degrees in mathematics, statistics, physics, engineering and management science are regularly admitted, and applicants from other disciplines who can show evidence of quantitative problem solving skills are encouraged to apply.

English language requirements

Studying at Masters level demands a high level of fluency in written and spoken language, and excellent comprehension. For this reason, non-native speakers of English are normally asked to demonstrate their English language competence by taking one of the internationally recognised tests below.

Our minimum language requirements for postgraduate study at LUMS are:

  • IELTS 7.0, with at least 6.0 in each element

  • Pearson Academic (PTE) 70, with at least 55 in each element

  • Cambridge Certificate of Proficiency in English (CPE) grade C

  • ToEFL iBT 100 (with minimum 22 in each skill)

Please note: IELTS and Pearson scores are valid for two years from the test date. Also, note that ToEFL tests are no longer recognised by the UK Visas and Immigration Office for entry to pre-sessional English language courses.

Tuition Fee

  • International Applies to you

    17000 GBP/year
    Tuition Fee
    Based on the original amount of 17000 GBP per year and a duration of 12 months.
  • EU/EEA Applies to you

    10500 GBP/year
    Tuition Fee
    Based on the original amount of 10500 GBP per year and a duration of 12 months.

Funding

StudyPortals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.