Business Analytics - Operational Research and Risk Analysis, M.Sc.

  • N/A
    Application Deadline
  • 12 months
    Duration
  • Tuition
    19000
    Tuition (Year)
    11500
    Tuition (Year)
  • English (take IELTS)
    Language
,
You will learn the skills to ensure that processes run smoothly, particularly in the face of challenges and opportunities arising from the global reach of business. You will gain vital knowledge and practical skills to become a professional operations, project or supply chain manager in a globalised environment.

About

Learn how to overcome the major challenges facing industry, business and the public sector today, and influence the decision-making processes of the future. This course gives you the cutting edge analytical approaches, methodologies and tools you need to confidently tackle problems and improve outcomes.

It allows you to specialize in a diverse range of areas including

  • Consulting skills
  • Big data and web analytics
  • Information systems concepts and tools
  • Decision behaviour and psychology of decision making
  • Financial modelling
  • Operations management and process change and improvement approaches
  • Project management
  • Supply chain management, logistics and procurement
  • Traditional operational research and applied mathematics and statistics

The aim of the course is to give students a solid quantitative foundation alongside practical problem-solving techniques. Much of your learning involves real-life scenarios using case studies, individual and team consulting-based assignments, presentations and software tools. Much of the coursework takes the form of consulting-style cases, some done in small teams and including presentations.

The core of the course is formed by four analytics units covering fundamental toolkit areas of decision sciences, applied operational research and statistics. The approach is to consider application of these analytical methodologies and toolkits to common problem areas across business and management. You then chose four other units from a broad range of options, according to your interests, background and intended career directions.

Programme Structure

Compulsory course units include:
  • Mathematical Programming and Optimisation;
  • Applied Statistics and Business Forecasting;
  • Simulation and Risk Analysis;
  • Data Analytics for Business Decision Making;
  • Risk, Performance and Decision Analysis.

Detailed Programme Facts

  • Full-time duration 12 months
  • Study intensity Full-time
  • Languages
    • English
  • Delivery mode
    On Campus

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 (Grade B): 193

    The CAE test – or the Cambridge Advanced English – is an exam for applicants who wish to get a Certificate in Advanced English. To receive the Advanced certificate, test-takers must score between 142 and 210 on the Cambridge English: Advanced test. Read more about CAE.

    Note: degree programmes and applications may require a more specific minimum score for admission.

  • 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

Academic entry qualification overview:

We normally look for a UK bachelor degree with first or upper second class honours, or the overseas equivalent in a quantitative subject such as mathematics, statistics, physics, engineering, computing, management science or economics.

When assessing your academic record we take into account your grade average , position in class, references and the standing of the institution where you studied your qualification. We particularly welcome applicants from institutions of high ranking and repute.

Tuition Fee Per Year

  • GBP 19000 International
  • GBP 11500 EU/EEA

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.