Master Operations Research and Management Science 2014
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The document provides an overview of the Master of Science program in Operations Research / Management Science at Tilburg University, detailing the curriculum structure, course offerings, master thesis examples, and career opportunities. Students will learn techniques for practical decision-making and can choose from various electives while working on real-world applications. The program also emphasizes the demand for professionals in the field and encourages connections with the industry.
Master Operations Research and Management Science 2014
- 1. Operations Research / Management Science Information MSc OR/MS November 26, 2014
- 2. MSc Operations Research / Management Science • Operations Research (OR) / Management Science (MS) 2 … is a collection of techniques based on mathematics and other scientific approaches that seeks solutions to find the “best” design or operation of a system. • One distinguishing feature of Operations Research is that it is not application specific.
- 3. Wide variety of applications 3 Examples of Master Thesis topics … “Improving society by math and data”
- 4. 4 Goal • To learn OR models and techniques • To work with modern modelling software • To formulate & solve practical decision problems • To be aware of and to be able to handle non-quantitative aspects of real-life problems
- 5. Master program (1 year) 5 ECTS Core courses (cluster A) 24 Elective 1 + 2 (cluster B) 12 Elective 3 (cluster C) 6 Master Thesis 18 total 60
- 6. Schedule • Two entry moments: September and February • Entry in September: • Fall semester: 5 courses • Spring semester: 2 courses + Master thesis • Entry in February: • Spring semester: 5 courses • Fall semester: 2 courses + Master thesis 6
- 7. 7 Cluster A courses (24 ECTS) • OR/MS in Practice • Nonlinear and Robust Optimization • Simulation • Management Science • Dynamic Real Investment
- 8. Cluster B+C courses (12 + 6 ECTS) 8 B courses: two courses from: • The core course, not selected above • Games and Cooperative Behavior • Financial Models • Asset Liability Management • Other courses, to be approved by the examination committee (e.g. LNMB) C courses: one course from: • Other courses, to be approved by the examination committee
- 9. Other interesting courses Production Management Purchasing Management Business Intelligence & Data Warehouse National OR-network courses (LNMB, Utrecht) • Scheduling • Queueing Theory • … 9
- 10. OR Mastermind 10 • One session per month • Contents: • presentations by companies • tips/tricks on successful OR/MS in practice • important developments in the OR/MS field, e.g. • business analytics • Big Data • possibility to get advice… • On a voluntary basis! • Interested 3rd-years BSc students are also welcome!
- 11. Examples of Master Thesis topics 11 “Improving society by math and data”
- 12. Optimal cancer treatment 12 Frank Steenbergen Objective Find optimal radiation plan such that - tumor is targeted - healthy organs are spared Techniques Nonlinear and robust optimization
- 13. Optimal flood protection 13 Chris Pustjens Objective Find optimal set of flood protection measures such that - safety norms are satisfied - total costs are minimized Techniques Integer optimization, shortest path
- 14. Optimal shift planning of Air Traffic Controllers 14 Dori van Hulst Objective Find optimal shift planning such that - all types of restrictions are satisfied - total costs of under- and overcapacity are minimized Techniques Mixed integer optimization, robust optimization
- 15. Optimal manpower planning 15 Eline Slijkhuis Objective Find optimal manpower planning such that - all types of restrictions are satisfied - total contract costs are minimized Techniques Mixed integer optimization, forecasting
- 16. Optimal refinery planning 16 Harmen Boersma Objective Find production plan such that - all types of restrictions are satisfied - profit is maximized Techniques Nonconvex optimization
- 17. Optimal energy planning in Smart Grids 17 Robin Swinkels Objective Find optimal production/storage plan such that - demand of heat/gas can be satisfied - total costs are minimized Techniques Linear optimization, robust optimization
- 18. Job opportunities A lot of opportunities: • Consultant at an OR center or OR department of a large firm • Management consulting • Management support (manufacturing, service) • Application providers (SAP, Oracle, etc.) • Application builders • Solution builders • Implementers • Research institutes (TNO, Deltares, …) Also in academia: Getting a PhD 18
- 19. Many career opportunities OR advice centres OR departments OR software Incontrol 19
- 20. Job descriptions 20 Some job descriptions of recent OR/MS graduates: Supply Chain Consultant OM Partners Implementation Consultant ORTEC Life Cycle Management Analyst Philips Healthcare Optimization Algorithm Expert Quintiq Quantitative Analyst Rabobank Nederland Quantitative Researcher Robeco Consultant Quintiq Supply Chain Consultant ORTEC Risk Manager Cardano Supply Chain Specialist Bavaria Consultant Fabory Group Data Scientist Greenhouse OR Specialist Dutch Railways
- 21. Future for ORMS is bright … 21 Source: IDC 160 140 120 100 80 60 40 20 0 Billion USD Business Analytics Market Size
- 22. Future for ORMS is bright … 22 50-60% shortfall in business analysts in the US by 2018 Only ⅓ of 4.4 million global business analyst jobs will be filled by 2015
- 23. Why studying OR/MS in Tilburg … 23 • Wide variety of applications • also in job opportunities • Improving society by math and data • Quality of teachers: • World class researchers in OR/MS • Strong connection to practice • Extensive company network you can benefit from (OR Mastermind) • Many, many job opportunities...!
- 24. Program Coordinator 24 • Program information • Planning • Electives • Study skills • Special circumstances • Study results • Extra curricular activities Marion van Heijningen [email protected] You can visit the program coordinator at the Information Market in the Mensa from 17.45 to 19.00.
- 25. Admission & Application 25 For all students: • Enroll via Studielink Non-TiSEM students (who want to enroll): • In addition, submit an application for admission For more information, go to www.tilburguniversity.edu/education/masters-programmes/admissionprocedure/feb/
- 26. Questions? e-mail [email protected] … or visit Dick den Hertog (K5.39) 26