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Data and Decision Analytics

Key information
DATA SOURCE : IDP Connect

Qualification type

MSc - Master of Science

Subject areas

Data Analysis

Course type

Taught

Course Summary

This programme is an ideal opportunity to provide yourself with the analytic skill set necessary for success in commercial companies or the public sector. This programme has a vocational focus and there are opportunities for summer projects in a wide range of industries.

The programme objectives are to:

1. train you in the theory and methods of applied statistics to an advanced level;
2. introduce you to the main techniques, methods and approaches of operational research, emphasising both the underlying concepts and their practical application;
3. introduce you to the main techniques, methods and approaches in data science, emphasizing a variety of applications;
4. offer you the opportunity to study more specialised topics selected from a range of options, but within a coherent framework;
5. develop your operational research, statistical, and data science skills for problem solving, including (a) mathematical modelling of deterministic and stochastic systems, and designing solution approaches; (b) statistical modelling;
6. give you the opportunity of gaining practical experience of applying the problem-solving skills you have learned, by working on a project with an external organisation;
7. develop key transferable skills, including personal organisation, teamwork, finding and using information, and written and oral communication;
8. develop programming skills in R and in Python.
9. develop an in-depth knowledge and understanding of an individually researched topic studied as the main project;
10. develop skill in organising their research work and in presenting their findings by the production of a substantial dissertation on their chosen project topic.

Introducing your degree

The MSc Data and Decision Analytics programme will provide you with the ideal skill sets in mathematical modelling, statistical analysis, and computation to help make better decisions based on data. This course, with its vocational focus, is designed to provide training in a broad range of analytical skills in order for you to pursue a wide variety of career opportunities in commercial companies or the public sector. The highlight of the programme is the three-month summer project which can be in Operational Research, Statistics, Data Science or the interface between the three. This would be excellent preparation if you intend to embark on a PhD programme in one of these areas.

Having a good understanding of the process of deriving actionable insights from data has enormous benefits. The MSc programme in Data and Decision Analytics provides students with the ideal skill sets in mathematical modelling, statistical analysis, and computation to help make better decisions based on data. These prepare students to pursue a wide variety of career opportunities in commercial companies or the public sector. This programme, with its vocational focus, is designed to provide training in a broad range of analytical skills as well as soft skills (e.g. in communicating results to managers/executives). The MSc programme is also an excellent preparation for embarking on a PhD programme in Operational Research, Statistics, or Data Science.

Career:

As a graduate in Data and Decision Analytics, you will be ideally equipped to not only design and use data science applications and to analyse and reason about data, but also to infer optimal decisions based on data. This will enable many Data and Decision Analysts to progress to a career in general management. Moreover the nature of the work brings a Data and Decision Analytics graduate into early contact with senior management and it can offer opportunities for rapid career advancement.

Different course options

Full time | Highfield Campus | 1 year | SEP-20

Study mode

Full time

Duration

1 year

Start date

SEP-20

Modules

This module aims to introduce the student to some of the main deterministic techniques that are used in operational research, namely linear and integer programming. The process of modelling problems of a practical nature as a linear or integer program will be developed. Following an explanation of a standard version of the simplex method, some of its variants will be introduced. The main ideas of linear programming duality will also be explained. A computer workshop session trains students in the use of commercial linear programming software. The branch and bound approach for solving integer programming problems will also be developed.

Tuition fees

UK fees
Course fees for UK / EU students

For this course (per year)

£9,250

Average for all Postgrad courses (per year)

£5,202

International fees
Course fees for non-UK / EU students

For this course (per year)

£18,812

Average for all Postgrad courses (per year)

£12,227

Entry requirements

This programme requires a 2:1 bachelor’s degree involving some quantitative training (e.g. computer science, economics, engineering, mathematics, physics, statistics).

University information

The University of Southampton has a long history of tradition, prestige and success, having just celebrated 100 years of its Highfield Campus. A founding member of the Russell Group of research-intensive universities, the University is ranked in the Top 20 UK universities in the Complete University Guide, 2020 and is also a three-times winner of the Queen's Anniversary Prize. The University is spread across five campuses in Southampton,...more

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