Businesses, organizations, and individuals all strive to work as effectively as possible. Operational research uses advanced statistical and analytical methods to help improve the complex decision-making processes to deliver a product or service. Working in this field, students might be identifying future needs for a business, evaluating the time-life value of a customer, or carrying out computer simulations for airlines.
The University of Essex MSc Statistics and Operational Research will appeal if the student's first degree included mathematics as its major subject, and Essex expects students to have prior knowledge of statistics – for example significance testing or basic statistical distributions – and operational research such as linear programming.
Students specialize in areas including: continuous and discrete optimization, time series econometrics, heuristic computation, experimental design, machine learning, and linear models. Essex's interdisciplinary research recognizes that mathematics, including what can be very abstract mathematics, is an essential part of research in many other disciplines.
Essex's Department of Mathematical Sciences has an international reputation in many areas including semi-group theory, optimization, probability, applied statistics, bioinformatics and mathematical biology, and is ranked top 25 in the UK for Mathematics.
The MSc Statistics and Operational Research will equip students with employability skills like problem-solving, analytical reasoning, data analysis, and mathematical modelling, as well as training students in independent work, presentation and writing skills.
Student's exposure to current active research areas, such as decomposition algorithms, prepares them for further study at doctoral level. Graduates of this course now hold key positions in government, business and academia, and work for global companies such as Ocado Technology and Dunnhumby, as well as for HM Revenue & Customs, as data and business intelligence analysts.
| Level | Masters |
| Discipline | Professional Studies |
| Duration | 12 months |
| Intakes | Oct |
| Application Fees | GBP 0 |
| Tuition Fees | GBP 19740 |
| Campus | Colchester |
| Language proficiency (minimum) | |
| IELTS | 6 |
|---|---|
| TOEFL | 76 |
| PTE | 60 |
| Duolingo | Not Accepted |
| Exam proficiency (minimum) | |
| SAT | Not Required / Waiver |
|---|---|
| ACT | Not Required / Waiver |
| GRE | Not Required / Waiver |
| GMAT | Not Required / Waiver |
Minimum GPA - 70.0%
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