Also available as a study abroad (N1N4) and an industry variant (N1N3).
Undergraduate study in Management Science
Degrees which give you the skills to think analytically about complex organisational issues.
About Management Science at Lancaster
The undergraduate degrees offered within the Department of Management Science are perfect for those who have excelled at Mathematics or Statistics at school and are looking for challenging graduate careers where they can use their problem-solving skills to help businesses perform better.
The degree schemes are designed to develop the kind of skills required by business analysts and consultants working in many different types of organisation. As with all Lancaster programmes, the modular design of these degrees makes them very flexible, allowing you to focus on your main interests, but also to broaden your knowledge by including modules from other management areas – or other disciplines entirely.
Join us at Lancaster and you will be joining one of the largest departments of its kind in the world, employing more than 30 leading academics with international reputations.
Our academics have international reputations, and a broad range of expertise
Designed to develop the skills required by business analysts and consultants.
Flexibility and module choices to tailor your studies to your interests.
Dedicated careers support with sector specialists to give you a competitive edge
State-of-the-art facilities, resources and tools to enhance your learning
We're highly ranked in major league tables.
Degrees for the logically and mathematically-minded.
Also available as an industry variant (GLN1).
Our degrees are designed to help you switch the focus of your studies as your interests develop. We understand that committing yourself to a particular degree when you haven't studied it before is a big decision. Your first year, known as Part I gives you the opportunity to adapt to a new way of learning. At the end of this year, you will have experienced different subjects which will help you to make a clearer decision about what you want to study for the rest of your degree, known as Part II.
What is Business Analytics?
Business Analytics is about using data and models to make better decisions, to improve policy making, to develop strategy and to improve day-to-day performance of organisations. In other words, it’s the application of management science.
Business Analytics consultants help airlines ensure that staff and aircraft are where they are needed, when they are needed. They help hotel companies decide how their room rates will vary through time so they don't lose money on empty rooms. They help banks and finance companies weigh up credit risks to determine lending policies. They help healthcare providers to keep waiting times down whilst providing excellent service. They help supermarkets plan their stocks so that products are on the shelves when needed. They help manufacturers ensure that their products are made when customers need them, at the right price and quality. In short, they help successful organisations do even better. The aim of Business Analytics is to use analytical skills to make a difference, based on the systematic exploration of key issues using available data.
Business analytics consultancy has several key elements; a systems approach to understand key issues in context so as to avoid making something else worse; quantitative skills; organisational understanding; information management; and project management.
Careers & Placements
Preparing you for the jobs market is central to everything we do, so you'll begin to explore your career options right from the start of your studies. Our placements are an excellent way to enhance your CV and develop vital employability skills, and our careers support is designed to help you succeed.
Tab Content: Careers Skills
At Lancaster you will have access to many different careers resources, provided both by the School’s own Careers team and by the central University careers service. Familiarising yourself with what is available will be a crucial part of your career planning.
In addition to one-on-one advice, there is a busy programme of workshops, training sessions, careers clinics and employer events. The School and the Department have excellent links with employers, so companies regularly visit LUMS to make presentations and interview students as part of their selection process.
Tab Content: Careers in Management Science
The beauty of the degrees offered by the Department of Management Science is that they give you access to a broad range of career options. The strong analytical and numeracy skills they develop are highly sought after by many different types of employer. These degrees are ideal preparation for careers in general management or consultancy as well as for more specialist roles – for example, in operations management, information systems or production planning.
After graduation, employment or further study rates for our graduates are consistently high, and many have gone on to work for household names such as Warburtons, United Utilities, Amazon, and John Lewis, as well as firms like PwC and Deloitte, in analysis and consultancy roles.
Many of our graduates have built very successful careers in the specialisms for which the Department is so highly reputed: management science, operational research (OR) or operations management – all areas you will be able to specialise in as part of your degree. Others go on to study for a Master's degree.
Tab Content: Placements
Whether or not you register initially for a degree in which an industrial placement is a formal requirement – as with the four-year industry variant of our Business Analytics and Consultancy degree – if you are studying on one of our majors, you have the option of including a one-year paid work placement between your second and third years of study as part of your degree. This will be in an approved role where you will be able to apply the kinds of skill that your Lancaster degree is helping you develop.
Although spending a year in a company extends your period of study, it can have many different benefits. It helps you to make connections between the theories you are studying and day-to-day business realities. It allows you to acquire new skills, and will almost certainly make you more confident about what your strengths are and how to sell those to employers – those who take this option often find it easier to get a job after they complete their degree. It can also be a great way to assess which direction you would like to go in when you graduate.
Choosing to do this work experience also means that you take one additional unit for your degree, ie making it a nine-unit scheme rather than eight. This extra module is an action learning unit: a dissertation which requires you to relate academic theory to some aspect of the work that you were involved in during your placement year. As part of this module, you will also be assessed in some of the work carried out during that year.