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Masters of Science, Operations Research Major (MSOR)
Operations research (O.R.) is the discipline of applying advanced analytical methods to help make better decisions. By using techniques such as mathematical modeling to analyze complex situations, operations research gives managers the power to make more effective decisions and build more productive systems based on:
- More complete data
- Consideration of all available options
- Careful predictions of outcomes and estimates of risk
- The latest decision tools and techniques
O.R. professionals draw upon the latest analytical technologies, including:
- Simulation: Giving you the ability to try out approaches and test ideas for improvement
- Optimization: Narrowing your choices to the very best when there are virtually innumerable feasible options and comparing them is difficult
- Probability and Statistics: Helping you measure risk, mine data to find valuable connections and insights, test conclusions, and make reliable forecasts
The SMU MSOR program prepares graduates for rewarding careers in business and government: management consulting, logistics, telecommunications, defense, manufacturing, and the service iindustries. Its world-class faculty teach the latest in analytical decision-making
The online publication Analytics, provides case studies of Management Science in action. Click here to view a sample copy and apply for a free subscription.
Ph.D., Operations Research (PhDOR)
Operations Research (OR) is the professional discipline that deals with the application of information technology for informed decision-making. OR professionals aim to provide rational bases for decision making by seeking to understand and structure complex situations and to use this understanding to predict system behavior and improve system performance. Much of this work is done using analytical and numerical techniques to develop and manipulate mathematical and computer models of organizational systems composed of people, machines, and procedures.
Operations Research draws upon ideas from engineering, management, mathematics, and psychology to contribute to a wide variety of application domains; the field is closely related to several other fields in the “decision sciences” — applied mathematics, computer science, economics, industrial engineering, and systems engineering.
Operations Research is distinguished by its broad applicability and by the wide variety of career opportunities and work styles it embraces. Because the concepts and methods of OR are so pervasive, operations research offers highly flexible career paths.
The SMU Operations Research Ph.D. program prepares its graduates for a career in higher education, research, or industry. With its strong faculty and curriculum, the SMU OR program is ranked in the top 25 operations research programs in the United States.