The MSc in Management Science is a one year programme which provides students with both the knowledge and experience needed to apply Management Science techniques and methods at the highest decision making levels in organisations.
The Management Science degree builds on the experience of a range of internationally renowned researchers, authors and teachers who have a proven track record in developing pioneering methods for influencing the decisions that matter in organisations.
The degree has two streams:
Operational Research (OR) stream: this stream is oriented to finding solutions to problems experienced by organisations in the way they operate. Aspects of an organisation's environment are modelled using a variety of well-defined models, which reveal solutions that would otherwise have been difficult to discover. That describes the 'harder' side of OR. The 'softer' side is concerned with messy, complex issues faced by organisations, which can benefit from problem structuring approaches that enable the stakeholders to diagnose and resolve their issues. This stream is delivered in collaboration with faculty from the Department of Mathematics.
Decision Sciences (DS) stream: the focus in this stream is on helping decision makers to think more clearly about complex issues in their organisations, and on achieving committed alignment of key players. Mathematical models are used to help create alignment, but always within a carefully designed social process.
Both streams provide a thorough grounding in fundamental concepts and methods of Management Science and will enable students to gain the skills to pursue higher degrees, or careers in commerce, industry or government in any country.
Statistical and other techniques for gaining insights from data
The construction of decision making models using a wide variety of management science techniques
The opportunity to take specific topics to an advanced level corresponding to the leading edge of research
The application of what has been learned in a three month project for a real client in the real world