Embed Size (px)
DESCRIPTION
Presentation of the Master Operations Research and Management Science that Tilburg School of Economics and Management of Tilburg University offers.
Citation preview
Operations Research /
Management ScienceInformation MSc OR/MS
November 26, 2014
MSc Operations Research / Management Science
2
• Operations Research (OR) / Management Science (MS)
… 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.
Wide variety of applications
3
Examples of Master Thesis topics …
“Improving society by math and data”
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
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
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
Cluster A courses (24 ECTS)
• OR/MS in Practice
• Nonlinear and Robust Optimization
• Simulation
• Management Science
• Dynamic Real Investment
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
Other interesting courses
Production Management
Purchasing Management
Business Intelligence & Data Warehouse
National OR-network courses (LNMB, Utrecht)
• Scheduling
• Queueing Theory
• …
9
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!
Examples of Master Thesis topics
11
“Improving society by math and data”
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
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
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
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
Optimal refinery planning
16
Harmen Boersma
Objective
Find production plan such that
- all types of restrictions are satisfied
- profit is maximized
Techniques
Nonconvex optimization
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
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
Many career opportunities
OR advice centres
OR departments
OR software
Incontrol
19
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
Future for ORMS is bright …
21
Source: IDC
0
20
40
60
80
100
120
140
160B
illi
on
US
D
Business Analytics Market Size
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
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...!
Program Coordinator
24
• Program information
• Planning
• Electives
• Study skills
• Special
circumstances
• Study results
• Extra curricular
activities
Marion van Heijningen
You can visit the program coordinator
at the Information Market in the Mensa
from 17.45 to 19.00.
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/
