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Overview

Guide to entry thresholds

OP6

Rank89

Course information set

  • Learn to design, operate and/or predict behaviour of complex systems like people, machinery, materials and money in industry, business, finance, education, government and defence.
  • Use mathematial models and numerical algorithms to make appropriate and better decisions in complex decision-making problems.
  • Employ advanced analytical methods such as operations research, financial mathematics, stochastic and mathematical modelling, and mathematical optimisation.
  • Work within different industries including manufacturing and production, management, health care, finance and economics, goods and services, infrastructure, transportation and logistics, mining and defence.
QTAC course code418701
QUT course code MS01
Attendance Part-time or Full-time
Course duration 3 years full-time
6 years part-time
Start month 2018 February
Deferment

You can defer your offer and postpone the start of your course for one year.

Delivery On campus
  • Gardens Point
Faculty
  • Science and Engineering Faculty
Course contact
CRICOS code 049433D
Careers
  • Actuary
  • Financial Advisor/Analyst
  • ICT administrator
  • Mathematician
  • Operations Manager
  • Research officer
  • Risk Manager
  • Systems Analyst

Details

Decision science is a mathematical discipline that considers how to make appropriate and better decisions in complex decision-making problems. It deals with how best to design, operate and/or predict behaviour of complex systems like people, machinery, materials and money in industry, business, finance, education, government and defence.

Mathematics graduates play integral roles in the workplace, developing mathematical models and numerical algorithms to answer what-if scenarios, and design experiments to help guide research and improve processes. 

Why choose this course?

The decision science major encompasses the study of quantitative techniques relevant to decision-making in its broadest sense. You will employ a problem-solving approach, using advanced analytical methods such as operations research, financial mathematics, stochastic and mathematical modelling, and mathematical optimisation. You will also use a variety of software and improve your information technology skills. Because of its emphasis on human-technology interaction and its focus on practical applications, decision science overlaps with other disciplines, notably industrial engineering and operations management, economics and finance, so it is a multidisciplinary field.

The coursework also introduces you to different industries and processes that greatly contribute to the economy and environment of nations around the world. These include manufacturing and production, management, health care, finance and economics, goods and services, infrastructure, transportation and logistics, mining and defence. This study area provides a foundation for a variety of careers and further study. 

Career outcomes

Decision science graduates typically have a wide range of choices for employment. The job markets for actuaries, finance and operations research analysts have been quite strong in recent years and are expected to remain so in the near future. In addition, students with excellent grades who desire more education in these areas will find a large number of opportunities for postgraduate study. The decision science major prepares you for careers or for further postgraduate study in such technical fields as operations research, management science, information technology, industrial engineering, strategic planning, systems analysis, financial analysis and actuarial science. 

Professional recognition

On graduation you may be eligible for membership in the Australian Society for Operations Research Inc. (ASOR).

 

Other study options

Units

Download course structures and unit outlines for Bachelor of Mathematics (Decision Science)

Your QUT Bachelor of Mathematics degree consists of 288 credit points (24 units) arranged as follows:

  • 72 credit points (6 units) of core units, which are further divided into 48 credit points (4 units) of mathematics core units, and 24 credit points (2 units) of core option units selected from an approved list
  • 120 credit points (10 units) of major units
  • 96 credit points of complementary studies comprising of either a second major (8 unit set) or two minors (4 unit set each).

Mathematics core units

These units give you the grounding in mathematical theory and practice upon which your major units will build, and also provide an introductory taste of each of the three majors: applied and computational mathematics; decision science; and statistical science.

Core option units

You may choose from a wide variety of introductory units from other disciplines offered at QUT, or you may choose additional mathematics units. The additional mathematics units include a unit specially designed to assist students without a background of successful study in Mathematics C at high school; an alternative unit aimed at high achieving students that explores some interesting and unusual aspects of mathematics in some detail; and a unit introducing the field of computational and simulation science which combines mathematics, science and computing to simulate real-world problems.

Major units

Your major is your area of specialisation, in which you will acquire in-depth knowledge and expertise, preparing you for your entry into the workforce or for further study. All majors share the same introductory and advanced units in algebra and calculus, meaning you do not need to decide on your major until your second year of study.

Second major or minors

You may choose to undertake a second major: an eight-unit set in which you will acquire a significant depth of knowledge and expertise in an area to complement your major. You may choose a second major in applied and computational mathematics, statistical science, computational and simulation science, accountancy, applied economics and finance, physics, chemistry, biological sciences, earth science or environmental science.

Alternatively you may choose to undertake two minors: four-unit sets with intermediate to advanced level content which extend or supplement studies in your major. Minors are available from a range of inter- and intra-faculty disciplines, as well as experiential minors such as international exchange.

Entry requirements

Guide to entry thresholds

OP 6

Rank 89

Course information set

Assumed knowledge

Before you start this course we assume you have sound knowledge in these areas:

  • Maths B
  • English

We assume that you have knowledge equivalent to four semesters at high school level (Years 11 and 12) with sound achievement (4, SA). Recommended Study: Maths C.

More about assumed knowledge

Did you get an OP 1-5?

If you receive an OP 1-5 or equivalent, you're guaranteed an offer for this course in the major offer round.

Course fees

Your actual fees may vary depending on which units you choose. We review fees annually.

2018: CSP $9,400 per year full-time (96 credit points) (subject to annual review)

Student Services and Amenities Fee

You may need to pay the Student Services and Amenities Fee (SSAF) as part of your course costs.

HECS-HELP: loans to help you pay your course fees

You may not have to pay anything upfront if you're eligible for a HECS-HELP loan.

Find out if you're eligible for a HECS-HELP loan

Scholarships and financial support

You can apply for scholarships to help you with study and living costs.

These scholarships are available for this course:

View all scholarships

You may also be eligible for Centrelink payments.

Apply

How to apply for Bachelor of Mathematics (Decision Science)

You apply through QTAC for all our undergraduate courses.

Are you ready to submit your application?

You're ready if you've:

  1. Found all the courses you want to apply for - you can apply for up to 6.
  2. Checked important dates.
  3. Checked you meet the entry requirements.
  4. Checked your course costs and if you're eligible for financial support.

All done? Then you're ready to apply.

Important: Make a note of the QTAC code for this course (418701) because you'll need to enter it as part of your QTAC application.

Apply now

After you've submitted your application to QTAC

If you've studied before or if you have at least two years' work experience, you may want to apply for credit for prior learning.

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