£7,650 (UK/EU students) £15,660 (International Students)
This programme is both technical and pragmatic. You will acquire the ability to integrate state-of-the-art knowledge of statistics and optimisation to address, analyse and provide a rational appraisal of a given problem in different professional contexts. This is a multidisciplinary field that involves the study of mathematical optimisation techniques, operational research methods, programming and statistics with their applications to economics, finance, medicine, industrial management, natural sciences and others. The programme produces highly qualified students in statistics, operations research and econometrics with applications to economics and business management. The programme provides ideal preparation for a career in economics, health care, finance, banking, insurance, actuarial science, business management, governmental or academic institutions.
In the recent years, mathematical optimization and statistics have experienced significant new developments. With these developments, the system engineering, information science, signal and image processing, statistical error correction and cryptography are being revolutionised.
This has created urgent need, in both academic research and in practical implementation, for a new generation of mathematicians trained to work at the frontiers of mathematical optimization, statistics and their applications to engineering, healthcare, finance and economics.
Researchers at the University of Birmingham have recently shown how the modern optimization and statistical methods are successfully applied to engineering design, financial and economical data analysis, meta-analysis, economic equilibrium, network communication, and combinatorial optimization.
About the School of Mathematics
The School of Mathematics is one of seven schools in the College of Engineering and Physical Sciences. The school is situated in the Watson Building on the main Edgbaston campus of the University of Birmingham. There are about 50 academic staff, 15 research staff, 10 support staff, 60 postgraduate students and 600 undergraduate students. At the School of Mathematics we take the personal development and careers planning of our students very seriously. Jointly with the University of Birmingham's Careers Network we have developed a structured programme to support maths students with their career planning from when they arrive to when they graduate and beyond.