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 EnquiryTable of Contents
- M.Sc in Operational Research Course Highlights
- M.Sc in Operational Research Course Overview
- M.Sc in Operational Research Eligibility Criteria
- M.Sc in Operational Research Syllabus
- Career Opportunities after M.Sc in Operational Research
- M.Sc in Operational Research Course Scope(Job Types)
- Top Recruiting Companies
- Salary Trends
M.Sc in Operational Research Course Highlights
| Duration | 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 Course Overview
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.
Purpose of the M.Sc in Operational Research course:
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.
What is M.Sc. (Operational Research)?
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.M.Sc in Operational Research Eligibility Criteria
- Students applying for M.Sc. in Operational Research must have completed their graduation or any equivalent in the related field from a recognized university.
- They must have scored a minimum of 55% aggregate. SC/ ST students have 5% of relaxation.
M.Sc in Operational Research Syllabus
| 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 |
Career Opportunities after M.Sc in Operational Research
Design Engineer, Maintenance Engineer, Process Engineer, Industrial Engineer, Logistics Manager, Structural Engineer.
M.Sc in Operational Research Course Scope(Job Types)
Private Sector Career Options
- Logistics Manager
- Industrial Engineer
- Design Engineer
- Structural Engineer
- Maintenance Engineer
- Process Engineer
- Research and Relationship Officer
- Operational Risk Analyst
Private Employment Area
- Logistic companies
- Finance Companies
- Insurance Organization
- Banks
- Corporate Industries
Public Employment Area
- Banks
- Educational Organizations
Top Recruiting Companies
Salary Trends
| 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 |
M.Sc Operational Research College in India
| College/University | Location | Avg. Fees Per Year | Admission Open |
|---|
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1 Comments
Neetu Dhall
Which college provides MSc in operational research
Jul 29, 2023
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