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Bachelor of Mathematics (Operations Research)

Highlights

• Learn to design, operate and/or predict the behaviour of complex systems like people, machinery, materials and money in the industry, business, finance, education, government and defence.
• Use mathematical 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.

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.