Master of Science (Management Science)

Comments about Master of Science (Management Science) - On Campus - Parkville - Victoria

• Objectives
  After completing this course students should:
  
  • have learned how basic techniques in operations research are applied in industry;
  • understand how to turn an industrial problem into a mathematical formulation;
  • know how to solve important mathematical optimisation problems arising in industrial framework;
  • have gained the ability to pursue further studies in related areas;
  • understand the basic principles of the construction of time series models;
  • be able to analyse the properties of the models and produce predictions based on them; and
  • be familiar with the most commonly used models and be able to apply the models in various situations.
• Academic title
  Master of Science (Management Science)
• Course description
  Course structure  (all subjects are 12.5 points each, total points: 200)
  
  Discipline Core (62.5 points)
  
  Students must take:
  
  o Mathematics of Risk (this subject will not be offered until semester 1, 2010), plus
  o 620-616 Optimisation for Industry, plus
  o 600-655 Business Forecasting, plus
  o Cases in Business Modelling (this subject will not be offered until semester 2, 2010), plus
  o Scheduling and Optimisation (this subject will not be offered until semester 1, 2010).
  
  Discipline Elective (37.5 points)
  
  Students must take 3 of the following subjects:
  
  o 325-679 Supply Chain Management, and/or
  o 325-695 Project Management, and/or
  o 615-657 Enterprise Systems, and/or
  o 615-691 Decision Support using ICT, and/or
  o 615-644 Data Warehousing, and/or
  o 433-679 Evolutionary and Neural Computation
  
  Project Module (12.5 points)
  
  o 600-611 Industry Project (this subject will not be available until semester 2, 2010)
  
  Professional Tools Module (87.5 points)
  
  Professional Tools Core (87.5 points)
  
  Students must take:
  
  2 Business Tools Units
  
  o 600-614 Business Tools: Money, People and Projects, plus
  o Business Tools: The Market Environment (this subject will not be offered until semester 1, 2010), plus
  
  3 Science Tools Units
  
  o 600-617 Systems Modelling and Simulation, plus
  o 600-615 Thinking and Reasoning with Data, plus
  o 600-618 Ethics and Responsibility in Science, plus
  
  2 Communication Tools Units
  
  o 600-619 Science and Communication, plus
  o 600-616 Science in Context
  

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