North West University
Bachelor of Commerce in Opertations Research
The Bachelor of Commerce in Opertations Research in Mathematics is offered by North West University.
Program Length: 3 YEARS.
Bachelor of Commerce in Opertations Research offered by the North West University at the Faculty of Economic and Management Sciences
Operations research is the discipline that is concerned with the application of analytical methods to help decision-makers with the optimal allocation of scarce resources. It is concerned with using different models in maximising profit using minimal resources. Operational research may also be defined as the use of advanced analytical techniques to improve decision-making. Operations research analysts are involved in all aspects of an organisation. They help to allocate resources, develop production schedules, manage the supply chain and set prices.
Career options
Statisticians have the advantage of combining their interest with almost any other field of study, especially in science, business, medicine technology, education, etc. Some of these fields are as follows:People with skills in OR hold jobs in decision support, business analytics, marketing analysis and logistics planning. Many large firms have groups of OR analysts. These are located in the steel, mining, oil, gas, chemicals, paper and engineering industries, airlines, logistics, railways, banking and insurance. Within the public sector, OR analysts are also employed in health, education and electricity supply.
- Education
- Biology
- Economics
- Manufacturing
- Marketing
- Engineering
- Finance
- Health science
- Public health
- Computer science
- Epidemiology
- Law
- Population studies
- Chemistry
- Agriculture
- Insurance
- Sports
- Banking institutions
- Earth sciences
- Geography
- Government departments
- Insurance companies
Duration: 3 years, full-time
