MSc Business Analytics and

Management Sciences (BAMS)

MSc & Business Analytics and Finance

(BAF)
Dr Yue Wu
Programme Leader
Y.Wu@soton.ac.uk
Building 2, Room 4009
Office hours: Wed, 11-13
Tel: 023 8059 8711O
What is Business Analytics/Management
Science?
The science of better

Efficient and effective approaches to complex decision

making / decision support in organisations

Structured, systematic analysis (typically quantitative)

through model-building to:
compare alternatives
ask what-if? questions
Identification of factors influencing a system
 Links with Operational Research
MSc BAMS and BAF are closely linked with the MScs in
OR, OR & Finance and OR & Statistics in Mathematical
Sciences
CORMSIS
We have joint Industrial Liaison Officers and several
optional courses
All programmes feature summer projects, within both
industrial and financial organizations
 Expertise
Business Analytics and Management Science staff specialise
in:
Finance: credit scoring, data mining
Transport and logistics: freight transport, green logistics,
air passenger transport
Mathematical programming, optimisation, simulation
Healthcare: emergency care, workforce planning,
scheduling, disease modelling
Project management
Risk management
Supply chain management: scheduling, manufacturing
BAMS & BAF: The Programme

9 months lectures

3 months dissertation/project
usually a placement with a company (in Southampton, the
UK or overseas), working on a practical problem of real
importance to the organization
Industrial Liaison Officers to find the projects and
organize a recruitment day
 Semester 1 Modules (BAMS)
Core,
Modules Weeks Compulsory
or Option

MANG6003 Quantitative Methods 2~7 Comp

MANG6045 Consultancy Skills 7~9 Comp

MANG6046 Optimisation and Decision Modelling 3~8 Comp

MANG6122 Simulation 8~11, 15 Comp

MANG6321 Introduction to Business Analytics and

1~3 Comp
Management Sciences
1~3 Restricted
MANG6037 Systems Thinking
Option
7~11, 15 Restricted
MANG6049 Problem Structuring
Option

MANG6229 Multivariate Statistics for Data Mining 2~4 Option

 Semester 2 Modules (BAMS)
Core, Compulsory
Modules
or Option
MANG6095 Dissertation Core
MANG6292 Operations Management Comp
MANG6293 Project Management Comp
MANG6211 Negotiation Skills Comp
MATH6005 Visual Basic for Applications Comp

MANG6038 Knowledge Management & Business Intelligence Option

MANG6054 Credit Scoring & Data Mining Option

MANG6059 Healthcare Modelling Option
MANG6100 Game Theory Option
MANG6143 Project Risk Management Option
MANG6144 Human-Computer Interaction & e Business Option
MANG6169 Credit Risk Modelling & the Basel Accord Option
MANG6231 Software for Data Analysis and Modelling Option
MATH6011 Forecasting Option
MATH6112 Computer Analysis of Data and Models Option
BAF: Objectives
Give knowledge of concepts, techniques, and models of management
science
particularly in financial organisations and in financial modelling.
Give understanding of the different aspects of finance and banking and
the models used therein.
 Semester 1 Modules (BAF)

Core,
Modules Weeks Compulsory
or Option

MANG6022 Corporate Finance 1 6~11 Comp

MANG6046 Optimisation and Decision Modelling 3~8 Comp

MANG6122 Simulation 7~11, 15 Comp

MANG6142 Introduction to Portfolio Management &

1~11, 15 Comp
Exchange Traded Derivatives

MANG6239 Behavioural Finance * 7~11, 15 Option

 BAF Semester 2 Modules
Core,
Modules Compulsory or
Option
MANG6095 Dissertation Core
MANG6008 Quantitative Research in Finance Comp
MANG6054 Credit Scoring & Data Mining Comp
MANG6231 Software for Data Analysis & Modelling Comp
MANG6020 Financial Risk Management * Option
MANG6023 Corporate Finance 2 Option
MANG6038 Knowledge Management & Business Intelligence Option
MANG6100 Game Theory Option
MANG6169 Credit Risk Modelling & The Basel Accord Option
MANG6292 Operations Management Option
MANG6293 Project Management Option
MATH6011 Forecasting Option
MATH6017 Financial Portfolio Theory Option
MATH6005 Visual Basics for Applications Option
MATH6146 Revenue Management Option
Summer Projects
The dissertation is in the form of a three-month project
Many projects involve working closely with a company:

BAA Barclaycard
Ford Met Office
Dstl NATS
Lloyds Register Tesco
Southampton City Council Unilever
Also internal projects
Summer Projects

Feb Jun Jul Sept

Projects Acquired

Submit
preferences
Open
Day
Projects Present to
kick-off Sponsor

Progress Submission
Report Deadline
G Groom and I Rowley
Eligibility for external projects
Pass (50%) for at least one of the two modules:
MANG6122 Simulation
MANG6046 Optimisation and Decision Modelling
Summer Projects
Continuous supervision from late June until September
Academic supervisor
Industrial sponsor
Financial aid to support possible relocations for projects
Classification
50% Pass

60% Merit

70% Distinction

All modules must gain at least 35%

The rewards

You will be VERY employable in a world in which

BScs are common
Management consultancy, general management,
technical specialists
Organisations visit Southampton specifically to recruit
our students (British Airways, PA Consulting, KPMG,
Accenture, PWC, Dstl, Tesco, etc)
Some extra rewards!
Prizes by:

Boeing

SAS

CORMSIS
 and chance to mix in the highest circles!

Some project prize winners.

Prizes sponsored by Barclaycard, Boeing and SAS

G Groom and I Rowley

CORMSIS

Centre for Operational

Research, Management
Science and Information
Systems
CORMSIS
One of the largest OR/MS/IS groups in the UK: possibly the
largest!
Spans two Schools: the Southampton Business School and
Mathematical Sciences
Includes over 35 academics and >50 PhD students
Runs 6 MSc programmes with >150 students in total
Covers the whole spectrum of OR/MS/IS, from theoretical
mathematical OR to problem structuring and soft OR
Internationally-renowned expertise in the specific application
areas of risk, transportation, finance and health
In the 2014 Research Excellence Framework exercise, 100% of
CORMSIS research impact and environment was classed as world-
leading or internationally excellent
 CORMSIS MSc programmes
In Mathematics
MSc in Operational Research
MSc in Operational Research and Finance
MSc in Operational Research and Statistics
In the Business School
MSc in Business Analytics & Management Science
MSc in Business Analytics & Finance
MSc in Supply Chain Management & Logistics
All 6 programmes share some modules and the summer project scheme

They all share the two CORMSIS Industrial Liaison Officers, Peter
Becque and Julie Hickman

They also all benefit from input from the CORMSIS Business Advisory
Board
Business Advisory Board
Members from about a dozen external organizations that
use OR/MS, including BT, the AA, JP Morgan, DSTL,
RNLI, Tesco and British Airways

Provides active input to all aspects of CORMSIS, including

mentoring of MSc students and advice on curriculum
content to ensure our programmes are up to date and meet
employers needs

Meets once a term: there is always a lunch to which all

CORMSIS MSc students are invited
Mentoring scheme
Open to all students on all five programmes
Successful applicants are matched with an Advisory Board
member who will give you advice on:
What employers are looking for
Job hunting
Improving your CV
Interview technique
Improving your business skills and employability
Mentoring is normally by email/phone/skype
We will be emailing all students to invite you to apply:
unfortunately we cant guarantee everyone will be successful.
The UK OR Society
Membership is free to all students at UK universities, no
matter which country you are from

Benefits include:
Accreditation and a mentor (another one!)
Access O.R. journals and publications
Meet employers at the annual Careers Open Day
Network with other students and O.R. professionals
from over 50 different countries
Full details of how
to apply are on the
OR Society website:
the easiest way to
find it is to google
OR Society and
then click on
Membership
Practical information
Log on to SUSSED (www.sussed.soton.ac.uk)
Practical information
The School tab will take you through to a dedicated intranet
site for the Faculty of Business and Law
End of the Talk!

Thank you!

Q&A