Mathematics, Operational Research, Statistics and Economics (MORSE) (Industry) BSc (Hons)
Lancaster University
Key Course Facts
Student Reviews
Below you can see course specific reviews of 40 graduates of Mathematics, Operational Research, Statistics and Economics (MORSE) (Industry) BSc (Hons) and other courses in Operational Research at Lancaster University for each of the survey questions in comparison to the average for all UK degree courses in Operational Research.
Primarily based on data from undergraduate degree students.
All Operational Research courses of Lancaster University
Salary
Salary of Graduates in Economics
Important: Salary data below is not course specific, but contains data of all students of Operational Research at the university. Due to data collection methodology, salary data is mainly based on data related to undergraduate students.
15 months after graduation | 3 years after graduation | 5 years after graduation | |
---|---|---|---|
Median salary | £30500 | £30500 | £39000 |
25-75 percentile range | £27500 - £34000 | £22500 - £38000 | £29500 - £52000 |
All Economics courses of Lancaster University
Salary of all UK Graduates of Economics
15 months after graduation | 3 years after graduation | 5 years after graduation | |
---|---|---|---|
Median salary | £30205 | £32085 | £42510 |
25-75 percentile range | £25150 - £35461 | £24935 - £42051 | £30247 - £56957 |
All Economics courses in the UK
Course Description
Programme overview
Shifting markets and an ever-changing political landscape make for a complex world. Every organisation – industrial, financial or governmental – needs to embrace technology and data to optimise their performance.
Smartphone use, the role of social media data, risk planning, retail patterns; all of these can be counted and analysed. They can also help forecast the future, deciding where to invest or what route to take. This needs creative, technically competent and business-savvy people; the kind of graduates our MORSE degree produces.
We have combined the highly influential subjects of Mathematics, Operational Research, Statistics and Economics into one coherent degree ideal for mathematically-gifted students who want to use numbers to solve real-world problems in business and industry.
In your first year you will gain a strong foundation in mathematics, operational research, statistics and economics. You will study modules worth 40 credits from each of the departments of Management Science, Economics, and Mathematics and Statistics. For Maths and Stats, the 40 credits are taught as smaller 5 x 8 credit modules (“Calculus”, “Further Calculus”, “Linear Algebra”, “Probability”, “Statistics”), while Management Science (“Tools and Techniques for Business Analytics”) and Economics (“Economic Principles and Applications”) each run a single large module worth 40 credits.
After the first year, you tailor your programme, developing a broad knowledge base or specialising in topics relevant to your future career.
Key Facts
Taught across our world-class departments of Management Science, Mathematics and Statistics, and Economics, the focus is on practically applying mathematical theory. In addition to mathematics, you will learn business modelling, economic theory, statistics and analytics, and how all these skills can come together to create better solutions to intricate problems.
Our careers team, including a dedicated departmental careers coach, will work with you from day one to help with internships, placements and graduate employment. We will supply training in CV writing, interview assessment centres and telephone interviews, helping you with your future career ambitions.
You will graduate with an enviable array of quantitative and analytical skills in high demand by industry, commerce, finance, the public sector, consulting and the government.
The University will use all reasonable effort to support you to find a suitable placement for your studies. While a placement role may not be available in a field or organisation that is directly related to your academic studies or career aspirations, all placement roles offer valuable experience of working at a graduate level and gaining a range of professional skills.
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.
Programme outcomes
By combining the four disciplines of Mathematics, Operational Research, Statistics and Economics, our graduates leave with the skills to make a difference at the core of business. They have gone on to work in consultancies like Accenture and McKinsey, as well as large multinationals. MORSE graduates are highly sought after for their analytical thinking and wide range of technical skills.
Accredited by the Association to Advance Collegiate Schools of Business (AACSB).
Jobs & Career Perspectives
15 months after graduation, graduates of this course were asked about what they do and, if they are working, about their current job and their perspectives.
All Operational Research courses of Lancaster University
Current jobs
All courses of Lancaster University
Required skill level of job after 15 months
All Operational Research courses of Lancaster University
Jobs of graduates of this course (15 months after graduation)
Example below based on all graduates of Mathematics, Operational Research, Statistics and Economics (MORSE) (Industry) BSc (Hons) at Lancaster University
20% | Finance Professionals |
20% | Business, Research and Administrative Professionals |
20% | Welfare and housing associate professionals |
20% | Sports and fitness occupations |
10% | Artistic, literary and media occupations |
5% | Elementary occupations |
5% | Teaching Professionals |
Entry Requirements / Admissions
UCAS Tariff of Accepted Students for Operational Research
All Operational Research courses of Lancaster University
Qualification requirements
31-30 overall or 665-655 in 3 HL subjects.
Pearson BTEC Level 3 National Extended Diploma (first teaching from September 2016)
We will also require: GCSE Mathematics grade B or 6, English Language grade C or 4 Please note it is not a compulsory entry requirement to take STEP or the Test of Mathematics for University Admission, but for applicants who are taking any of the papers alongside Mathematics and/or Further Mathematics we may be able to make a more favourable offer. For more information please see Lancaster University Mathematics and Statistics webpages.
Requirements for international students / English requirements
IELTS academic test score (similar tests may be accepted as well)
-
- 7.0
- Graduate Degrees
-
- 6.5
- Undergraduate Degrees
Costs
Average student cost of living in the UK
Rent | £518 |
Water, gas electricity, internet (at home) | £50 |
Supermarket shopping | £81 |
Clothing | £35 |
Eating out | £33 |
Alcohol | £27 |
Takeaways / food deliveries | £30 |
Going out / entertainment (excl.alcohol, food) | £24 |
Holidays and weekend trips | £78 |
Transport within city | £17 |
Self-care / sports | £20 |
Stationary / books | £13 |
Mobile phone / internet | £13 |
Cable TV / streaming | £7 |
Insurance | £51 |
Other | £95 |
Average student cost of living | £1092 |
London costs approx 34% more than average, mainly due to rent being 67% higher than average of other cities. For students staying in student halls, costs of water, gas, electricity, wifi are generally included in the rental. Students in smaller cities where accommodation is in walking/biking distance transport costs tend to be significantly smaller.
How to apply
Application deadline:
January 1, 2025
This is the deadline for applications to be completed and sent for this course. If the university or college still has places available you can apply after this date, but your application is not guaranteed to be considered.
Possible Entry Points:
- year 1 (Default entry point)
University Rankings
Positions of Lancaster University in top UK and global rankings.
Rankings of Lancaster University in related subject specific rankings.
Mathematics
-
-
- #8
- #10
-
- Mathematics
-
The Guardian University League Tables by Subject
[Published 09 September, 2023]
-
-
- #11
- #14
-
- Mathematics
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CUG The Complete University Guide - By Subject
[Published 08 June, 2023]
-
-
- #11
- #401
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- Mathematics
-
NTU Rankings by Subject
[Published 11 July, 2023]
See all 34 university rankings of Lancaster University
About Lancaster University
Lancaster University was established in 1964 and is located in the rural setting of Lancaster. The campus provides a series of amenities, including banks and a post office. Academically, all of this university’s courses and programmes are accredited and approved by MARP, ensuring that the curriculums delivered here are set at a high standard. In terms of facilities, students have access to a variety of study and recreational spaces intended to improve their wellbeing, such as Meditation and Tai Chi classes, and Woodland walks.
List of 452 Bachelor and Master Courses from Lancaster University - Course Catalogue
Student composition of Lancaster University
-
Total number of students enrolled at Lancaster University by level Academic year 2021/22 - Full-time equivalent student enrollments published by Higher Education Statistics Agency (HESA) on February 2022
- undergraduates:
- 12595
- postgraduates:
- 4065
- Total:
- 16660
-
Number of students enrolled in courses of subject “Operational Research”: Academic year - Full-time equivalent student enrollments published by Higher Education Statistics Agency (HESA) on February 2022
Where is this programme taught
Similar courses
Program | University | Student satisfaction | Unemployed | Dropout | Tuition (UK) | Tuition (International) | UCAS Tariff | City | ||
---|---|---|---|---|---|---|---|---|---|---|
Mathematics, Operational Research and Statistics BSc (Hons) | Cardiff University | - | - | - | £9000 | £25450 £28200 | - | Cardiff | On campus Full-time | |
Mathematics Operational Research and Statistics with a Year Abroad BSc (Hons) | Cardiff University | - | - | - | £9000 | £25450 £28200 | - | Cardiff | On campus Full-time | |
Mathematics, Operational Research & Statistics with Professional Placement BSc (Hons) | Cardiff University | - | - | - | £9000 | £25450 £28200 | - | Cardiff | On campus Full-time | |
Mathematics and Statistics & Operational Research BSc (Hons) | Queen's University of Belfast | - | - | - | £9250 | £20800 | - | Belfast | On campus Full-time | |
Mathematics, Operational Research, Statistics, Economics (MORSE) BSc (Hons) | The University of Warwick | 85% | 0% | 9% | £9250 | - | 188 | Coventry | On campus Full-time | |
Mathematics, Operational Research, Statistics and Economics (MORSE) (Industry) BSc (Hons) | Lancaster University | 80% | 5% | 10% | - | - | 149 | Lancaster | On campus Full-time | |
Mathematics, Operational Research, Statistics and Economics (MORSE) BSc (Hons) | Lancaster University | 83% | 5% | 0% | - | - | 149 | Lancaster | On campus Full-time | |
Mathematics with Statistics for Finance BSc (Hons) | Imperial College of Science | 100% | 5% | 10% | £9250 | £39100 | 212 | London | On campus Full-time | |
Statistics, Economics and Finance BSc (Hons) | University College London | 86% | 5% | 0% | £9250 | £35000 | 208 | London | On campus Full-time | |
Mathematics, Operational Research and Statistics BSc (Hons) | Cardiff University | - | - | - | £9000 | £25450 £28200 | - | Cardiff | On campus Full-time |
Ranking publishers
The University League Tables
- Published:
- 08 June, 2023
The Guardian News and Media Limited
- Published:
- 09 September, 2023
NTU ranking
- Published:
- 11 July, 2023