Bachelor of Mathematics (Operations Research)
Bachelor of Mathematics (Operations Research)
Highlights Learn to design, operate and/or predict behaviour of complex systems like people, machinery, materials and money in industry, business, finance, education, government and defence. Use mathematial models and numerical algorithms to make appropriate and better decisions in complex decision-making problems. Employ advanced analytical methods such as operations research, financial…
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COURSE DESCRIPTION
Highlights
- Learn to design, operate and/or predict behaviour of complex systems like people, machinery, materials and money in industry, business, finance, education, government and defence.
- Use mathematial models and numerical algorithms to make appropriate and better decisions in complex decision-making problems.
- Employ advanced analytical methods such as operations research, financial mathematics, stochastic and mathematical modelling, and mathematical optimisation.
- Work within different industries including manufacturing and production, management, health care, finance and economics, goods and services, infrastructure, transportation and logistics, mining and defence.
Operations research is a mathematical discipline that considers how to make appropriate and better decisions in complex decision-making problems. It deals with how best to design, operate and/or predict behaviour of complex systems like people, machinery, materials and money in industry, business, finance, education, government and defence.
Mathematics graduates play integral roles in the workplace, developing mathematical models and numerical algorithms to answer what-if scenarios, and design experiments to help guide research and improve processes.
Why choose this course?
The operations research major encompasses the study of quantitative techniques relevant to decision-making in its broadest sense. You will employ a problem-solving approach, using advanced analytical methods such as operations research, financial mathematics, stochastic and mathematical modelling, and mathematical optimisation. You will also use a variety of software and improve your information technology skills. Because of its emphasis on human-technology interaction and its focus on practical applications, operations research overlaps with other disciplines, notably industrial engineering and operations management, economics and finance, so it is a multidisciplinary field.
The coursework also introduces you to different industries and processes that greatly contribute to the economy and environment of nations around the world. These include manufacturing and production, management, health care, finance and economics, goods and services, infrastructure, transportation and logistics, mining and defence. This study area provides a foundation for a variety of careers and further study.
Careers and outcomes
Operations research graduates typically have a wide range of choices for employment. The job markets for actuaries, finance and operations research analysts have been quite strong in recent years and are expected to remain so in the near future. In addition, students with excellent grades who desire more education in these areas will find a large number of opportunities for postgraduate study. The operations research major prepares you for careers or for further postgraduate study in such technical fields as management science, information technology, industrial engineering, strategic planning, systems analysis, financial analysis and actuarial science.
EDUCATIONAL INSTITUTION
Study at The University of Queensland. Learn with leading academics in world-class facilities and join the most employable graduates in the state. At UQ you’ll benefit from flexible study options, field trips, lab work, industry placements, research experience, and online study in Brisbane, Australia.
