M.Sc in Operational Research Course
M.Sc in Operational Research Course, Operational Research Eligibility, Career Options After Operational Research, Employment Area, Top Recruiting Companies, Operational Research Salary
Admission EnquiryM.Sc in Operational Research Course, Operational Research Eligibility, Career Options After Operational Research, Employment Area, Top Recruiting Companies, Operational Research Salary
Admission EnquiryDuration | 2 years, full-time/ Distance Learning |
Name of the course | Master of Science [M.Sc] (Operational Research) |
Course Level | Post Graduation |
Stream | Operational Research |
Examination Type | Semester System |
Eligibility | Graduation in a relevant subject with at least 55% marks or equivalent CGPA. |
Admission Process | Merit-based. Entrance exam in some cases |
Average Course Fee | INR 25,000 to INR 50,000 |
Average Starting Salary | INR 5.7 Lacs to 20.5 Lacs |
Job type | Associate Analyst, Operational Risk Analyst, Operations Research Consultant, Research & Relationship Executive, Research Head, Research Manager, Research Scientist |
Top Recruiters | Axis Bank, Bain and Company, Boston Consulting Group, DE Shaw, Deloitte, Eye Bridge, Grant Thornton, HealthKart.Com, ITC Ltd.Kotak Securities, KPMG, Macquarie Infrastructure, McKinseyCompany, NIIT, Oyo Rooms, P&G, Towers Watson, Urban Clap, Wipro, Zomato |
M.Sc. in Operational Research is a post-graduate degree course that is offered in many universities in India. It generally requires two years to complete when done on a regular basis. Students can also pursue this course through distance learning however the duration of the course, in this case, can vary.
The prime objective of this course is to provide all analytical and optimization skills to students so that they can handle real-life decision problems. It also introduces students to the concepts and methods that are used in operational researches.
M.Sc. in Operational Research is basically about applying different mathematical methods and analytical techniques (Linear, Nonlinear, Marketing, Inventory, Parametric and Network Optimization, Queuing, Reliability, Quality Control, etc) to improve computing power. These techniques are used in project planning and business analysis. The course includes algorithms and models.
The course also includes computer applications and management subjects.Semester I | Semester II |
---|---|
Mathematical Programming I | Java Programming (a) Theory (b) Practical |
Inventory Management I | Reliability & Maintenance Theory |
Queueing System I | Marketing Management |
Statistics I | Scheduling Techniques |
C++ & Unix- (a) Theory & (b) Practical | Mathematical Programming II |
Semester III | Semester IV |
Database Management System & Visual Programming: (a) Theory (b) Practical | Project Work (Compulsory) |
Software Reliability | Three out of the following: |
Statistics II | Decision Theory |
Mathematical Programming III | Dynamic Optimization |
- | Multicriteria Decision Models |
- | Queueing System-II |
- | Inventory Management-II |
- | Marketing Research |
Design Engineer, Maintenance Engineer, Process Engineer, Industrial Engineer, Logistics Manager, Structural Engineer.
Master of Science [M.Sc] (Operational Research) | Entry Level Salary (LPA) | Medium Salary (LPA) | Maximum Salary (LPA) |
---|---|---|---|
Logistics Manager | 3 | 5.3 | 14 |
Industrial Engineer | 1.8 | 2.8 | 8.7 |
Design Engineer | 1.6 | 2.8 | 9.1 |
Structural Engineer | 1.8 | 3.3 | 13.5 |
Maintenance Engineer | 1.9 | 4.2 | 19.2 |
Process Engineer | 2.2 | 4.5 | 18.2 |
College/University | Location | Avg. Fees Per Year | Admission Open |
---|