Management

Management

Graduate Programmes in Management Science 2011

Why do graduate studies in MSCI?

Graduate training in Management Science/Operations Management (MS/OR) can help you gain a role in decision-making for business, industry, or government.

Our programmes aim to produce well-rounded MSCI professionals. Students get a mix of theory, hands-on experience in advanced techniques, and case studies. A key part of the Honours Programme is a practical project for a firm or community organisation.

Our graduates have jobs all over the world, working for banks, energy firms, government, insurance companies, consultancies, software developers, and manufacturers.

Companies employ MS/OR analysts to help make better decisions. Here are some examples.

  • The NZ power market is cleared by a linear program, which finds the least-cost generation schedule every six minutes.
  • Hydro-power firms such as Meridian Energy use stochastic optimisation to manage reservoirs.
  • Air New Zealand, like other airlines, uses combinatorics to roster crews for their aircraft.
  • Hospitals, casinos, and supermarkets use simulation and staff rostering to plan their operations.
  • Norske Skog Tasman and Comalco use integer programming to plan production.
  • The Ministry of Agriculture and Fisheries uses MS/OR to plan agricultural and fisheries activities.
  • Investment firms use portfolio optimisation so choose securities for a given level of risk.

Exporters use heuristics for container packing to reduce freight costs.

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Graduate Programmes in MSCI

We offer five graduate programmes in MS/OR:

  • Bachelor of Commerce, Honours.
  • Bachelor of Science, Honours.
  • Master of Commerce.
  • Master of Science.
  • Ph.D.

Following the Honours degree, you could take a Masters degree and/or a PhD. Outstanding Honours students may gain scholarships for the Masters or PhD.

Bachelor of Commerce, Honours

The BCom Hons Programme usually consists of MSCI 601-603 and 680 as listed below. MSCI 680 includes a practical project for a firm or community organisation.

Recommended prerequisites:

Required prerequisites: A bachelors degree with a B or above, and the following:

Graduates lacking the 300 level MSCI courses may complete a one-year course leading to a Graduate Diploma in Science. Passing MSCI 301 and 302 with B grades or better satisfies entry requirements for the BCom (Hons) and the MCom.

The BEng Hons and the BCom Hons are a great combination. Engineers in 2nd and 3rd pro years can take MSCI 201, 202, 203, 301 and 302, crediting them towards the BEng.

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Bachelor of Science, Honours

The BSc Hons requires at least 84 points at 300 level, normally including MSCI 301, 302, and 28 points 300-level MSCI, MATH, STATS, or COSC.

Required: MSCI 101, 201, 202, 203, 280, MATH 102 (or 103), and STAT 101.

Recommended: COSC 121, ECON 104 (or 105), MATH 201 and 203.

Master of Commerce, Master of Science

The Masters degree is a two year programme. The first year is normally the 600 level Honours papers listed below.

The second year is for writing a Masters thesis. Topics usually deal with a practical decision problem, often involving a real sponsor.

BSc Honours or BCom Honours graduates may obtain a MSc or MCom (respectively) by completing the thesis.

Required prerequisites: high grades in MSCI 301 and 302, and:

  • MCom: a bachelors degree in any faculty.
  • MSc: a bachelors degree in Science or Engineering.

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PhD in Management Science

A PhD is a major asset for people in consulting or for leading MS/OR teams in firms. A PhD is required for an academic career.

The PhD Programme consists of independent research in MS/OR, supervised by staff. Finding a supervisor and a topic are key first steps. The PhD has no particular schedule, but scholarship applications usually have October deadlines.

Entry requirements are an honours or graduate degree in MS/OR or a related field at a standard of 1st class or 2nd class division 1. Before starting a PhD, you may need to take some of our graduate papers.

MSCI Honours Papers

Assessments in Honours papers are individual and group assignments, completed during March to August.

MSCI 601-603 are taught in a modular structure, allowing students to concentrate on two or three subjects at a time. September and October are normally devoted to completion of the project, MSCI 680.

MSCI 601 Advanced Optimisation

Integer programming: formulations. Applications of mathematical modelling in finance. Advanced aspects of designing and developing heuristics. Dynamic Programming.

MSCI 602 Advanced Stochastic Models

Multivariate statistical methods: methods in SAS, Data Mining. Queueing and MAPLE. Advanced forecasting, standard finance methods, system dynamics. Stochastic linear programming and modelling.

MSCI 603 Management Science Applications

Metaheuristics. Economics and Decomposition: The use of prices to coordinate production between units. Energy modelling: the NZ electricity market and how the market for power works. A survey of modern operations management techniques.

MSCI 680 Research Project

The main part of this course is a practical MS/OR project with a firm or community organisation, selected and closely supervised by a staff member. Each project, usually done by a team of two students, includes presentations and written reports.

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MSCI Staff

Pavel Castka:

Quality management, operations management, corporate social responsibility.

Shane Dye:

Math programming, networks, energy and telecommunications modelling, stochastic programming.

John Giffin:

Heuristics, facility layout and location, vehicle routing.

Terri Green:

Health services research and evaluation.

Ross James:

Heuristic search methods, production scheduling.

Don McNickle:

Stochastic processes and queues, especially in computer and communications models; simulation, applied statistics.

Nicola Petty:

Applied statistics and problem structuring methods.

John Raffensperger:

Math programming, combinatorial optimisation, smart markets, environmental management.

P. Venkateswarlu:

Quality management, operations management.

Contact Information

For further information about the Programme:

Shane Dye
Tel: 64 3 364 2886
Email: shane.dye@canterbury.ac.nz

Department of Management
University of Canterbury
Private Bag 4800
Christchurch 8140
New Zealand