What will I learn?

Highlights

Learn to design, operate and/or predict behaviour of complex systems like people, machinery, materials and money in industry, business, finance, education, government and defence.
Use mathematical models and numerical algorithms to make appropriate and better decisions in complex decision-making problems.
Employ advanced analytical methods such as operations research, financial mathematics, stochastic and mathematical modelling, and mathematical optimisation.
Work within different industries including manufacturing and production, management, health care, finance and economics, goods and services, infrastructure, transportation and logistics, mining and defence.

Why choose this course?

The operations research major encompasses the study of quantitative techniques relevant to decision-making in its broadest sense. You will employ a problem-solving approach, using advanced analytical methods such as operations research, financial mathematics, stochastic and mathematical modelling, and mathematical optimisation. You will also use a variety of software and improve your information technology skills. Because of its emphasis on human-technology interaction and its focus on practical applications, operations research overlaps with other disciplines, notably industrial engineering and operations management, economics and finance, so it is a multidisciplinary field.

The coursework also introduces you to different industries and processes that greatly contribute to the economy and environment of nations around the world. These include manufacturing and production, management, health care, finance and economics, goods and services, infrastructure, transportation and logistics, mining and defence. This study area provides a foundation for a variety of careers and further study.

Careers and outcomes

Operations research graduates typically have a wide range of choices for employment. The job markets for actuaries, finance and operations research analysts have been quite strong in recent years and are expected to remain so in the near future. In addition, students with excellent grades who desire more education in these areas will find a large number of opportunities for postgraduate study. The operations research major prepares you for careers or for further postgraduate study in such technical fields as management science, information technology, industrial engineering, strategic planning, systems analysis, financial analysis and actuarial science.

Professional recognition

On graduation you may be eligible for membership in the Australian Society for Operations Research Inc. (ASOR).

Other study options

Bachelor of Business/Bachelor of Mathematics
Bachelor of Engineering (Honours)/Bachelor of Mathematics
Bachelor of Information Technology/Bachelor of Mathematics
Bachelor of Games and Interactive Environments/Bachelor of Mathematics
Bachelor of Science/Bachelor of Mathematics

Possible careers

Actuary
Financial Advisor/Analyst
ICT administrator
Mathematician
Operations Manager
Research officer
Risk Manager
Systems Analyst

Which department am I in?

Science and Engineering Faculty

CRICOS

049433D

Study options

Full Time (3 years)

Tuition fees

A$32,700.00 (17,68,524) per year

*Price shown is for indicative purposes, please check with institution

Start date

27 February 2023

Venue

Queensland University of Technology (QUT)

Gardens Point Campus,

2 George Street,

BRISBANE CITY,

Queensland,

4000, BRISBANE, Australia

Entry requirements

For students from United States

Applicants must have an aggregate score of 28. IELTS Academic - Overall 6.5, Listening Reading Writing Speaking - 6.0; Pearson PTE (Academic) - Overall 58, Listening Reading Writing Speaking - 50; TOEFL iBT - Overall 79, Listening Reading -16; Writing - 21; Speaking - 18. Cambridge Advanced English Score - Overall 176, Listening Reading Writing Speaking - 169.

For international students

Foundation Program Year completed at an Australian University with a final overall grade average of 4.5 (on a 7 point scale) and a grade of 4 or higher in any pre-requisite unit(s).
QUT Intensive Program with a grade average of at least 4.4 out of 7 and a grade of 4 or higher in any pre-requisite unit(s).
QUT Foundation Program with a grade average of at least 4.4 out of 7 and a grade of 4 or higher in any pre-requisite unit(s).
QUT Diploma program with a grade point average of at least 4.0 out of 7; and a grade of 4 or higher in any pre-requisite unit(s).

Subject prerequisites

Maths B

Recommended Study: Maths C

IELTS Academic score of 6.5 with Listening, Reading, Writing and Speaking score of 6; TOEFL iBT score of 79 with Listening, Reading score of 16, Writing score of 21 and Speaking score of 18; Pearson PTE (Academic) score of 58 with Listening, Reading, Writing and Speaking score of 50; Cambridge English Advanced (CAE) score of 176 with Listening, Reading, Writing and Speaking score of 169.

*There may be different IELTS requirements depending on your chosen course.