Mathematics, Operational Research, Statistics and Economics (MORSE) (Industry) BSc (Hons)

BSc Mathematics, Operational Research, Statistics, and Economics (MORSE) (Industry) is a coherent degree designed for students who wish to apply their mathematical skills to solve real-world problems in business and industry.<br/><br/>Our programme covers:<br/>- Foundational mathematics topics such as Algebra and Calculus, developing your technical knowledge and mathematical skills.<br/><br/><br/>- Operational research modules demonstrating how to use mathematics to solve real-world problems encountered by governments, industries, and other institutions, using programming languages like Python or R.<br/><br/><br/>- Probability and statistics topics providing you with the ability to understand and address uncertainty in your surroundings.<br/><br/><br/>- Economics modules, equipping you to use models to understand real-world economic phenomena such as economic growth, the causes of economic fluctuations, and the effectiveness of economic policy.<br/><br/><br/>- A year in industry, gaining valuable graduate-level experience and professional skills.<br/><br/><br/>The combination of these highly influential subjects will equip you with in-demand analytical, quantitative reasoning, statistical, optimisation, and programming skills that employers highly value, preparing you for careers like a business analyst, data scientist, operational researcher, or consultant, and opening doors to academic research opportunities.<br/><br/>The structured nature of the programme means that, starting from the second year, you take increasing ownership of your studies, selecting modules based on your evolving interests and strengths.<br/><br/>**Programme overview**<br/>**Year one:** You will gain a strong foundation in four main subjects.<br/><br/><br/>- Mathematics and statistics: Youll study fundamental modules, including Calculus, Further Calculus, Linear Algebra, Probability, and Statistics, equipping you with essential mathematical and statistical skills.<br/><br/><br/>- Economics: You will take the Economic Principles and Applications module, initiating your journey into business and finance.<br/><br/><br/>- Operational research: you will cover Tools and Techniques for Business Analytics, laying the groundwork for advanced studies in optimisation, simulation, and decision-making<br/><br/><br/>After the first year, a broad range of specialist optional modules will allow you to tailor your programme to align with your interests and steer you towards a specific career path.<br/><br/>**Year Two** You will further develop your knowledge in Algebra, Statistics, Economics, and Operational Research. Optional modules in Operational Research, Game Theory, and Operations Management will be available to choose from.<br/><br/>**Year three:** Spend your third year in a full-time placement, gaining valuable graduate-level experience and professional skills. This hands-on experience will give you a strong advantage in securing employment after your degree.<br/><br/>**Year four:** There is one mandatory module that further advances your knowledge of Statistics, alongside several optional modules on Advanced Statistical Modelling, Machine Learning, Data Mining, Forecasting, and Financial Mathematics.<br/><br/>The University will use all reasonable effort to support you in finding a suitable placement for your studies. While a placement role may not be available in a field or organisation directly related to your academic studies or career aspirations, all placement roles offer valuable experience of working at a graduate level and gaining professional skills.<br/><br/>If you are unsuccessful in securing a suitable placement for your third year, you will be able to transfer to the equivalent non-placement degree scheme and would continue with your studies at Lancaster, finishing your degree after your third year. The University offers a range of shorter placement and internship opportunities for which you would be welcome to apply.