This programme offers a firm grounding in operational research and finance in preparation for careers in financial institutions. You’ll develop understanding of how operational research, statistical and optimisation techniques are applied to practical problems and gain many key workplace skills. A three-month project follows successful completion of the instructional component. The majority of projects involve either working on a placement or in partnership with a company or organisation.
Full time study: This one year masters programme is suitable for numerate graduates. The MSc programme lasts for twelve months.
Part-time study: This scheme is suitable for numerate students who are qualified to enter the one year full time scheme but wish to study on a part time basis. Project work takes the special circumstances of a particular student into account.
-to give you a thorough knowledge of the mathematical, financial, computational and communication skills needed for the practical application of Operational Research and finance
-to give you a broad appreciation of related disciplines important in Operational Research
-to illustrate the use of Operational Research and finance tools in a wide range of applications. This part of the programme is not just descriptive since much of the application of Operational Research is best learned by active involvement. The 3-month summer project and computer workshops are designed with this in mind. In addition, seminars provide a forum for the discussion of practical Operational Research issues
-to introduce you to research methods and current issues in Operational Research and finance
The MSc in Operational Research and Finance at the University of Southampton will equip you with skills in revenue management, credit scoring, and financial risk management that are highly sought by employers, and this degree will give you a deep understanding of applied analytics and financial modelling that is applicable across the financial institutions.
The summer dissertation gives you an opportunity to develop your research skills, often in a commercial setting, and our industrial liaison team will work with you to find a project that suits your skills and ambitions.
Operational Research is the application of scientific methods to the study of complex organisational problems. In this degree course, there is an emphasis on complementary financial studies. Even within the same organisation Operational Research and Finance tends to be highly varied because of its project-driven nature. This breadth of experience offers an exciting and rewarding career in many financial organisations, enabling many Operational Research workers to progress to a career in general management. Moreover the nature of the work brings an Operations Research and Finance graduate into early contact with senior management, and career advancement is typically rapid.
An MSc is generally accepted as being highly desirable for starting and developing a career in OR and financial modelling. The MSc is also a good preparation for research work.
A highlight of the programme is the 3-month summer project (http://www.southampton.ac.uk/cormsis/mscsummerproject/index.page). The student is usually placed with a nearby company and works on a real problem of practical importance to that company.
The Operational Research Group in Mathematics is a strong committed team of 11 lecturing staff and a number of research staff. The Group teaches a wide range of undergraduate and postgraduate courses, as well as undertaking consultancy work for outside organisations. Many of the staff are internationally known in their fields of research.
This Committee is a good indicator of the high regard in which the Southampton MSc programmes involving Operational Research are held by outside organisations. Its purpose is to ensure that the MSc programmes produce graduates with the requisite skills for the needs of industry. It also provides a focal point for liaison between the Operational Research Group and industry. You have the chance to meet the Committee several times during the year. Major companies including Shell, British Airways, BAA, BT, The AA, Dstl and HM Revenue & Customs are represented on the Committee.
Compulsory modules: Corporate Finance; Data Analytics; Deterministic Operational Research (OR) Methods; Presenting Reports; Statistical Methods; Stochastic OR Methods; Visual Basic for Applications
Optional modules include: Credit Scoring and Data Mining; Financial Portfolio Theory; Financial Risk Management; Forecasting; Game Theory in Business; Nonlinear Optimisation; Data Visualisation Plus dissertation as three-month project (MSc only)
This programme will show you how to use mathematical techniques to tackle real-life problems ranging from scheduling flights, handling large data sets to managing investments and minimising risks. The skills of Operational Research (OR) and Data Science are in high demand.
The MSc in Operational Research with Data Science is a new, forward-looking programme that delivers high-quality training in operational research, optimization and statistics. Students will have strong technical skills in these areas and the ability to apply them using appropriate software.
This MSc programme delivers:
You need to obtain a total of 180 credits to be awarded the MSc. All students take courses during semester 1 and 2 to the value of 120 credits. Successful performance in these courses (assessed through coursework or examinations or both) permits you to start work on a three-month dissertation project (60 credits) for the award of the MSc degree.
Compulsory courses have previously included:
Themed courses have previously included:
Optional courses chosen from postgraduate courses in the following areas:
At the end of this programme you will have:
Graduates will gain the transferable skills required to pursue careers in a data-rich operational research environment, and will be in an ideal position to apply for work in a wide range of institutions in the public and private sector. The degree is also excellent preparation for further study in operational research, optimization or data science.
The dissertation projects of approximately half the students on this programme take place in public and private sector organisations. Other students choose a University-based project.
This programme is an ideal opportunity to provide yourself with the analytic skill set necessary for success in business and industry. From day one you will find yourself working with multinational organisations on case studies to develop your abilities in applied analytics. Opportunities for summer projects in a wide range of industries are an integral part of the programme.
Full time study: This one year masters programme is suitable for numerate graduates. The MSc programme lasts for twelve months.
Part-time study: This scheme is suitable for numerate students who are qualified to enter the one year full time scheme but wish to study on a part time basis. Project work takes the special circumstances of a particular student into account.
Many prestigious organisations recruit our students because of the strong vocational training on this programme. You should be numerate, a good communicator with strong interpersonal skills, and enjoy problem-solving. A three-month project follows successful completion of the instructional component. The majority of projects involve either working on a placement or in partnership with a company or organisation.
Operational researchers play a fundamental role in the modern world, providing analytics and guidance to management teams. This MSc will equip you with the necessary skills and knowledge to provide effective solutions to complex organizational challenges in a business environment. You will study modules such as revenue management and forecasting and you will learn to use optimization techniques to enhance productivity.
The summer dissertation gives you an opportunity to develop your research skills, often in a commercial setting, and our industrial liaison team will work with you to find a project that suits your skills and ambitions.
Operational Research is the application of scientific methods to the study of complex organisational problems. Even within the same organisation Operational Research tends to be highly varied because of its project-driven nature. This breadth of experience offers an exciting and rewarding career in many organisations and in general management. Moreover the nature of the work brings an Operations Research graduate into early contact with senior management, and career advancement is typically rapid.
An MSc is generally accepted as being highly desirable for starting and developing a career in OR. The MSc is also a good preparation for research work.
A highlight of the programme is the 3-month summer project. The student is usually placed with a nearby company and works on a real problem of practical importance to that company.
The Operational Research Group in Mathematics is a strong committed team of 11 lecturing staff and a number of research staff. The Group teaches a wide range of undergraduate and postgraduate courses, as well as undertaking consultancy work for outside organisations. Many of the staff are internationally known in their fields of research.
This Committee is a good indicator of the high regard in which the Southampton MSc programmes involving Operational Research are held by outside organisations. Its purpose is to ensure that the MSc programmes produce graduates with the requisite skills for the needs of industry. It also provides a focal point for liaison between the Operational Research Group and industry. You have the chance to meet the Committee several times during the year. Major companies including Shell, British Airways, BAA, BT, The AA, Dstl and HM Revenue & Customs are represented on the Committee.
Compulsory modules: Deterministic Operational Research (OR) Methods; Presenting Reports; Case Studies; Problem Structuring; Data Analytics; Statistical Methods; Stochastic OR Methods; Visual Basic for Applications
Optional modules include: Credit Scoring and Data Mining; Financial Portfolio Theory; Forecasting; Game Theory in Business; Healthcare Modelling; Nonlinear Optimisation; Project Management; Revenue Management; Data Visualisation Plus dissertation as three-month project (MSc only)
This programme will show you how to use mathematical techniques to tackle real-life problems ranging from scheduling flights and routing mobile phone calls to managing investments and minimising risks. Operational Research (OR) is an important skill that is in high demand.
Our intensive programme allows you to specialise in an area that best suits your career goals. In addition to this general MSc in Operational Research, the following degrees are offered:
This programme involves two taught semesters of compulsory and option courses followed by your dissertation project.
Compulsory courses previously offered include:
Optional courses are generally grouped into the following areas:
The skills you will learn are in demand by a vast range of high-profile organisations including consultancy firms, companies with operational research departments such as airlines or telecommunications providers, financial firms and the public sector.
Recent graduates have joined British Airways, the Government OR Service, Barclays, Deloitte, Capgemini and smaller specialised OR, finance and energy companies.
This programme is an ideal opportunity to get equipped with the analytical, statistical and soft skills necessary for success in industry, business or in the public sector. From day one you will find yourself working on solutions to complex organisational challenges using mathematical modelling, experimental design, statistical analysis, and numerical computation. Opportunities for summer projects in a wide range of industries are an integral part of the programme.
The MSc programme in Operational Research and Statistics provides students with the ideal skill set in mathematical modelling, experimental design, statistical analysis, and numerical computation. This programme also provides soft skills such as communicating results to managers/executives. These prepare students to pursue a wide variety of career opportunities in industry, business or in the public sector.
Operational Research is the application of scientific methods to the study of complex organisational problems. It is concerned with applying advanced analytical methods to make effective decisions in strategic planning or operational planning, and build more productive systems.
An MSc is generally accepted as being highly desirable for starting and developing a career in OR. The MSc is also a good preparation for research work.
A highlight of the programme is the 3-month summer project. The student is usually placed with a nearby company and works on a real problem of practical importance to that company.
This Committee is a good indicator of the high regard in which the Southampton MSc programmes involving Operational Research are held by outside organisations. Its purpose is to ensure that the MSc programmes produce graduates with the requisite skills for the needs of industry. It also provides a focal point for liaison between the Operational Research Group and industry. You have the chance to meet the Committee several times during the year. Major companies including Shell, British Airways, BAA, BT, The AA, Dstl and HM Revenue & Customs are represented on the Committee.
Compulsory modules: Deterministic Operational Research (OR) Methods; Stochastic OR Methods; Statistical Theory and Linear Models; Statistical Computing; Presenting Reports
Optional modules: Visual Basic for Applications; Spreadsheet and Database Modelling; Forecasting; Computer Analysis of Data and Models; Nonlinear Optimisation; Case Studies; Revenue Management; Computer Intensive Statistical Methods; Generalised Linear Models; Topics in Statistics; Bayesian Methods; Design of Experiments; Clinical Trials; Survival Analysis
This programme will help you develop professionally in the theory and practice of statistics and operational research (OR), providing the foundations for a successful career.
This programme will prepare you for work in areas such as the medical and health industry, government, the financial sector and any other area where modern statistical tools and OR techniques are used. You will also develop the wider skills required for solving problems, working in teams and time management.
You will be able to identify appropriate statistical or operational techniques, which can be applied to practical problems, and will acquire extensive skills in modelling using the packages R for Statistics and Arena for simulation. In addition, you will acquire the ability to use high-level applications in Excel.
This MSc consists of lecture-based courses and practical, lab-based courses. You will be assessed by exams, written reports, programming assignments and a dissertation project. The set of courses available is subject to review in order to maintain a modern and relevant MSc programme.
Previous compulsory courses for 2016-17:
Previous option courses for 2016-17 include:
This programme is ideal for students who wish to apply their statistics and operational research knowledge within a wide range of sectors including the medical and health sector, government and finance. The advanced problem-solving skills you will develop will be highly prized by many employers.
The dissertation projects of approximately half the students on this programme take place in public and private sector organisations. Other students choose a University-based project.
This programme will show you how to use mathematical techniques to tackle real-life problems ranging from scheduling flights and routing mobile phone calls to managing investments and minimising risks. Operational Research (OR) is an important skill that is in high demand.
This MSc will give an Operational Research perspective on risk and its management.
This programme involves two taught semesters of compulsory and option courses followed by your dissertation project.
Compulsory courses have previously included:
Option courses are generally grouped into the following areas:
As part of your option course choices Operational Research with Risk requires you to study a combination from a set of courses which, previously, has included
The skills you will learn are in demand by a vast range of high-profile organisations including consultancy firms, companies with operational research departments such as airlines or telecommunications providers, financial firms and the public sector.
Recent graduates have joined British Airways, the Government OR Service, Barclays, Deloitte, Capgemini and smaller specialised OR, finance and energy companies.
The dissertation projects of approximately half the students on this programme take place in public and private sector organisations. Other students choose a University-based project.
This programme will show you how to use mathematical techniques to tackle real-life problems ranging from scheduling flights and routing mobile phone calls to managing investments and minimising risks. Operational Research (OR) is an important skill that is in high demand.
This MSc will give an Operational Research perspective on computational optimization.
This programme involves two taught semesters of compulsory and option courses followed by your dissertation project.
Compulsory courses previously offered include:
As part of your option course choices, Operational Research with Computational Optimization requires you to study a combination from a set of courses which, previously, has included:
The skills you will learn are in demand by a vast range of high-profile organisations including consultancy firms, companies with operational research departments such as airlines or telecommunications providers, financial firms and the public sector.
Recent graduates have joined British Airways, the Government OR Service, Barclays, Deloitte, Capgemini and smaller specialised OR, finance and energy companies.
The dissertation projects of approximately half the students on this programme take place in public and private sector organisations. Other students choose a University-based project.
