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Master of Science (Management Science)

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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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