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MSc Railway Operations, Management and Policy

Year 1

(Award available for year: Master of Science)

Learning outcomes

On completion of the year/programme students should have provided evidence of being able to:
1. Apply and evaluate approaches to pricing, cost measurement and allocation of resources in the rail sector;
2. Understand and apply the key principles and methods of railway investment appraisal, including practical tools;
3. Demonstrate knowledge of how railway transport fits into public policy, the ownership and structure of the industry and the related governance and decision making structures;
4. Identify, manage and analyse a range of data related to rail sector management, operations and policy
5. Apply statistical techniques to conduct railway transport analysis;
6. Understand and evaluate the purpose and relative merits of the main types of transport models and how railway operational and management analysts interact with them;
7. Develop multi-disciplinary team working skills and gain practical experience with managing a real world project.
8. Design and conduct an independent research study on a topic related to railway operations, management or policy.

Transferable (key) skills

Masters (Taught) students will have had the opportunity to acquire the following abilities as defined in the modules specified for the programme:
- the skills necessary for employment in the railway industry for a variety of specialist roles in operations, management and policy.
- critically evaluate the appropriateness and applicability of various solutions to problems faced in the rail industry;
- self-direction and independent learning
- the ability to work in a way which ensures continuing professional development
- ability to work in a multi-disciplinary team.

Assessment

Achievement for the Masters will be assessed by a variety of methods in accordance with the learning outcomes of the programme and will involve the achievement of the students in:
- evidencing an ability to select and apply appropriate techniques to problem analysis;
- drawing on range of perspectives (empirical, mathematical, engineering, economic etc) when studying railway systems;
- make sound judgements whilst understanding the limitations on judgements made in the absence of complete data.
- demonstrating knowledge of the interaction of the different areas of the railway system and how they are dependent upon one another;
- ability to work independently, setting appropriate aims/objectives and workplan, in the context of the dissertation project.

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