Learners who pass an integrated set of MITx graduate-level courses on edX.org, and one or more proctored exams, will earn a MicroMasters credential from MITx, and can then apply for an accelerated, on campus, master’s degree program at MIT or other top universities. Given that these are graduate-level, analytical courses, we suggest you have a grasp of algebra, probability, and statistical concepts, along with curiosity and the willingness to learn. The scholarship will supplement any other funding to cover the full cost of study and living expenses. The tuition for the Blended SCM Masters degree at Cambridge has not been set yet, but will likely be somewhat more than 50% of the tuition for the 10-month SCM Masters degree (currently at US$65,446 plus student life fee and medical insurance). We have noticed that people who first complete these foundation courses, fare better in any subsequent courses. The MITx MicroMasters program credential in Supply Chain Management is a standalone certification program offered by MITx that is designed and administered by the MIT Center for Transportation & Logistics (CTL) and supported by MIT Open. Based on the analysis of different examples and real cases, he classifies types of disruptions. You are NOT allowed to use pre-populated spreadsheets in the CFx. It is ok to enroll or verify in SC0x as your schedule permits. No new graded assignments will be handed out during this week. WEEK 5: PREP WEEK: This is a prep week in which no new graded assignments will be released. We will show examples of how to take real-world data and put it into fully normalized databases. (Read more about exams and verification below.). Students will not need software other than Microsoft Excel or LibreOffice Calc. You will learn how segmentation can be used to differentiate how inventory is managed in different situations. Funding is available to Norwegian students and those with strong ties to Norway who are accepted into post-graduate degree programs. You can use the five-course Key Concepts document in the handouts available during the exam. He will demonstrate how to use DCF analysis in capital budgeting and justifying supply chain investment decisions. This exam covers material in all five of the SCx courses. When applying to the MIT graduate program, we will use the actual scores in the admissions process – but that is independent of earning the MicroMasters program credential. This course contains the mathematical concepts used throughout all the other courses and is packaged in modules based on content. WEEK 7: INVENTORY MANAGEMENT II - PROBABILISTIC DEMAND & SINGLE PERIOD MODELS: We now expand from our initial assumptions of deterministic and constant demand to allow for stochastic or random demand in inventory replenishment models. WEEK 2: ADVANCED SUPPLY CHAIN NETWORK DESIGN: In this week we combine the Facility Location problem with the network flow models to formulate and solve larger Network Design problems to include facility capacity, level of service, inbound and outbound transportation, etc. The CFx is the Comprehensive Final Exam for the MicroMasters program in Supply Chain Management. He illustrates current industry trends based on real examples. Learn more about full program enrollment here. WEEK 10: TRANSPORTATION MANAGEMENT: This week you will focus on understanding the fundamentals of freight transportation from a global perspective. We also introduce a case study. Only students who had earned at least one verified certificate at that time were grandfathered in and able to complete the series with the last run of SC3x completed in October of 2016. This means that you have up to five years from the time you pass your first course as a verified learner to take the Comprehensive Final Exam. The specific grade is set by the instructor and is usually 60% to pass. Learners with the MITx MicroMasters program credential in SCM and an undergraduate degree can then apply to MIT to the blended SCM master’s program. Yes, you may repeat a course as many times as you wish. The official expense estimate for the 2021-22 academic year will be published in July 2021. The SCM Blended Program requires preparatory work between September and December, prior to official enrollment. We will discuss a series of forces on the supply chain that includes regulation and law, natural & human resources, industry & society, and customers. WEEK 12: FINAL EXAM The final exam covers all of the material in this course. At the end of the exam, please make sure to close the excel and NOT save any excel spreadsheets related to the exam. This is sometimes referred to as “inverted admissions.” Also, if admitted, students with the MicroMasters program credential may opt to complete the SCM program in just over one semester (January to May) in-residence. You can review the annual course schedule here (opens a pdf) for the most up-to-date information. Building on this, you will learn the basics of exponential smoothing - perhaps the most commonly used demand forecasting methodology. You can share your SCx course certificates and MicroMasters program Certificate from your edX dashboard following these directions. We then move into a discussion on modeling the systems. This MicroMasters® program in Accounting is designed for smart, hardworking students with integrity and passion who want to substantially enhance their understanding of accounting. Read more here. WEEK 9: Risk Management & Resilience: Professor Yossi Sheffi explains the different causes of disruption. OLS regression is widely used to estimate future product demand as well as to better understand how different independent factors influence a dependent variable. Yes, it will not only be MIT that will grant credit, there are also a number of universities offering credit for MITx MicroMasters programs. We focus on how supply chains need to align with the selected company strategy in order to enable it. You will master what is called the Newsvendor Model. Additionally, in the application process, applicants will need to submit some additional material – such as, transcript of an undergraduate degree, a resume, an essay, and a thesis project proposal. Each run culminates in a final exam which you should pass as a verified learner in order to earn the SC0x credential. Virtually proctored learners will take the exam from their own computers and be able to open each section of the exam for two hours. The total estimated cost for the SCMb program are listed below. The blended master's program refers to a new option that is being developed by MIT that would allow learners to combine the MITx MicroMasters program credential with one+ semester at MIT Cambridge, USA or Zaragoza, Spain. We will also provide a review of the basics of analysis: models, algebra and mathematical functions. In this week you will learn how to use and interpret the results of discrete event and Monte Carlo simulations. You will learn how to use Integer and Binary variables to better represent real-life supply chain decisions, such as facility location, network design, production planning, etc. An edX MicroMasters is an online program with courses that cover 25% to 50% of a university's master's degree curriculum for a lower cost.. MicroMasters are designed as a … The objective is to understand how all of the models, concepts, and approaches fit together. This week we will open The Fresh Connection Round 1, available for just one week! However, please note that simply having high grades will not guarantee admission – we look at all aspects of an applicant. Blended (SCMb) - on-line (completion of the MicroMasters Program Credential) and requiring just over one semester-in-residence (January to May). SC0x - Supply Chain Analytics, is delivered on a learner-paced schedule. You will receive an individual Verified Certificate for each SCx course that you pass as a verified student. A global nonprofit, edX transforms traditional education, removing the barriers of cost, location, and access. Fresh Connection Round 2 is open this week. To verify in SC0x you need to pay the verification fee any time during the course up until three weeks before the scheduled final exam. Upon successful completion of the CFx you will earn the credential. Group enrollment is offered to any company or organization that wants to enroll ten employees or more and can pay for verified certificates in bulk, as a group. WEEK 5: Week off (preparation for Midterm Exam): In week 5 we give you time to play TFC game! It is very different from prescriptive (optimization) models that makes recommendations. All course enrollment, midterm and final exam deadlines are at 15:00 UTC on the date of the deadline. QUEUEING THEORY AND DISCRETE EVENT SIMULATION: In this week you will learn the basics of queueing theory to help you better manage supply chain processes. Admitted students receive MIT credit for their MicroMasters classes, and will be able to earn a Master of Data, Economics, and Development Policy degree within … WEEK 11: PREP WEEK: Again, this is a prep week in which no new graded assignments will be released. For the class entering in September 2020, the total tuition for the Master of Engineering in Advanced Manufacturing and Design Program is itemized as follows: WEEK 0: Overview, Logistics & TFC : In Week 0 we will provide an overview of the basic rules and practices of managing large data sources. Algorithms are everywhere! WEEK 4: SALES & OPERATIONS PLANNING AND DISTRIBUTION STRATEGIES: In this week the Sales & Operations Planning (S&OP) process is presented and discussed. An MIT master's in SCM costs considerably less than a traditional 2-year MBA from an elite university, with very comparable career and salary outcomes for many students. Four of the five courses are on an instructor-paced schedule rather than self-paced, so there is no way to reduce the time to complete them. The midterm will be open for one week, but it will be a timed exam, so you will only have a limited amount of time to complete it. It will be a timed exam, available for one week, but once you start the exam there is a limited time to complete it. WEEK 4: Supply Chain Strategy & Alignment: In this week we introduce business and discuss the most common business strategy frameworks and methodologies. The prerequisites for each course are only recommendations on the level of material that will be covered. It has been supported by the MITx Open Learning, and is designed and administered by the MIT Institute for Data, Systems, and Society (IDSS). A full course syllabus, expected deadlines and course requirements are released in the first orientation week of each course called "Week 0". The tuition for the Blended SCM Masters degree at Zaragoza 17.700€ (10900€ Academic Fees and 6900€ Other Tuition Costs) plus living expenses. To understand these forces, Dr. Alexis Bateman introduces an example through a palm oil case study. We will also provide a quick overview of the burgeoning field of Machine Learning. WEEK 6: MIDTERM EXAM: The Midterm exam covers all of the material from weeks 1, 2, 3, and 4. The MITx MicroMasters program certificate is a professional certification and does not offer academic transcripts. 6 graduate-level courses. SC0x is formatted to be always open. Designed solely for students who’ve completed the MITx MicroMasters in Statistics and Data Science, this degree pathway offers a core curriculum in finance. A proctor is a liaison between the course team, edX and its learners, to ensure that testing is done under fair and secure conditions. It will be a timed exam, available during just one week and once you start the exam there is a limited time (4 hours) to complete it. To enroll a group in an individual course, you can purchase directly from the course landing page on edX, following these instructions. Virtual test takers will use the Software Secure proctoring software to be virtually proctored through edX. Dr. Chris Caplice will introduce this topic and its application across industries. You have one week to complete the test. We introduce the idea of complexity and we identify five main drivers of supply chain complexity.We will also introduce the basic idea of a simple process, and illustrate the core characteristics of capacity, variability and flow. No department code needed. Once you receive the MITx MicroMasters program credential, you can apply to these Master’s programs; upon acceptance, your MITx MicroMasters program credential will translate into credits toward the Master’s degree, allowing you to accelerate the completion of your graduate studies at one of these universities. You will learn how to use descriptive, predictive, and prescriptive models in making supply chain decisions. The program credential consists of five intensive online courses covering all aspects of logistics and supply chain management along with a virtual proctored comprehensive final exam. It is the reference course for all the others and so remains available as needed almost continually. The course will close briefly after each scheduled final exam and learners can enroll in the next run of the course if needed. WEEK 4: INVENTORY MANAGEMENT I - DETERMINISTIC DEMAND: The inventory section opens up with the simplest inventory model: the Economic Order Quantity (EOQ). Additionally, we will introduce you to the Fresh Connection supply chain simulation game. The main purpose is to test your understanding of the key concepts from all five courses. It will be a timed exam, available during one week, but once you start the exam there is a limited time to complete it. Courses remain valid to sit for the CFx for up to five years. and, How do I complete a course with multiple sections? It is the reference course for all the others and so remains available as needed almost continually. Currently, a budget of 600€ per month is recommended for single students. You will also learn the fundamental concepts concerning forecasting and demand planning. It does allow us to look at a more expanded track record for each applicant. You will become familiar with Entity-Relationship Diagrams that describe the business rules through a combination of relationships and cardinality between entities. You should identify a need or challenge that could actually be addressed. Please refer to the practice problems, quick questions, and graded assignments for solutions and detailed explanations, and Key Concepts Document in the course to review core concepts taught in each course. The blended cohort will have a combination of courses designed and run just for them as well as courses taken alongside other MIT SCM students. WEEK 7: Global SUPPLY CHAIN Management I: Dr. Bruce Arntzen presents an introduction to global supply chains and explains the challenges and opportunities of trading between countries. The objective is to understand how all of the concepts, tools, and techniques reviewed in this course fit together. In fact, using two different edX accounts within the same course are grounds for expulsion from the course. WEEK 9: SUPPLY CHAIN FINANCE II: Dr. Jarrod Goentzel continues the discussion on supply chain finance by introducing discounted cash flow (DCF) analysis. You will become comfortable including both level and trend into your forecasts. Applicants opting for the one semester in residence option, however, will need to submit additional material including a resume (for both work and educational background), an essay, and a proposal for their research thesis project. Earn a MicroMasters credential from MIT’s #1 ranked Supply Chain Management Program to advance your career. You will learn how to conduct hypothesis testing. Yes. We also offer significant fellowship funding to help students pay for their master's degrees; 75% of the class of 2020 received SCM fellowships, with a total of $594k awarded. We present the Fixed Planning Horizon model and solve it to develop optimal production plans. You may also Verify to pursue the entire MITx MicroMasters Program Credential in SCM program at one time within 24 months. Professor Sheffi continues the discussion on supplier management by presenting optimization based procurement. Each run of SC0x will have a final exam on a date set by the course team. Whether you intend to earn the MicroMaster credential or continue on to pursue an in-person program, the credential is designed to be equivalent to one semester of work in the MIT SCM on-campus program. In the second lesson, we will review some of the challenges embedded in supply chain systems. If accepted, students will earn MIT credit for the MicroMasters program courses, and will be able to pursue an accelerated on-campus Master’s degree at MIT. Read more about course certificates here. Instead, you should enroll for free in each individual course as your schedule permits. We will discuss and go into some detail on one approximation method for estimating costs of vehicle routing to illustrate the approach. If you have never taken a course on edX you can try Demo_x. Pricing. No. To earn the credential all courses must be completed as a verified learner at a fee of US$150 per course. In SC1x-SC4x, midterms and final exams are released for one week on week six and twelve respectively. You will learn the basics of relational models, including entities, attributes, keys, tables, and of course, databases. All exams will have a virtually proctored option. All course instruction is pre-recorded. Estimated Master of Finance program costs for MicroMasters credential holders: Cost for MicroMasters program credential: US$2,025; Estimated Tuition for the Master of Finance degree: US$62,190* (fall and spring term) Estimated Living Expenses: US$43,110 (fall and spring term) *MIT tuition is adjusted annually. There will be no graded assignment for this week. WEEK 10: SUPPLY CHAIN FINANCE III AND ORGANIZATIONAL DESIGN: We wrap the course up by discussing and demonstrating how to design the supply chain organization itself. In our courses, the deadline to pay the course fee to Verify is at the end of the third week of each course (except for SC0x). The SCM program at MIT awards the Master of Engineering in Logistics (M.Eng. For our learners located in mainland China who are experiencing issues accessing the proctoring software, please contact us for guidance at cfxhelp@mit.edu. IELTS or TOEFL Test Results Minimum score required: 7.0 (IELTS) or 100 (TOEFL) Applicants from non-English-speaking nations must offer evidence of written and oral proficiency in the English language by taking the International English Language Testing System (IELTS) or the Test of English as a Foreign Language (TOEFL). The objective is to ensure mastery of data management techniques and methods. No assignment will be handed out. How much do they cost? Program enrollments must be completed within 24 months. If you do not wish to take the exam, simply do nothing and you will be un-enrolled before the exam opens. I am currently completing the Supply Chain MicroMasters (SCx) from MIT. WEEK 9: INVENTORY MANAGEMENT IV - SPECIAL CASES AND WAREHOUSING: We will wrap up the section on inventory by showing some methods for applying these inventory models for multiple items and multiple locations at the same time. The weekly time to actively learn the concepts is estimated at 8-12 hours per week, though many learners report some weeks taking much more time. In this week you will learn how to develop econometric models, mainly ordinary least squares (OLS) linear regression, that use past history to better estimate the future. If you have a disability-related request regarding accessing a MicroMasters program course or exam, please contact micromasters-support@mit.edu as early as possible. Doing better in the online SCx courses will increase your chances of gaining admittance to the SCMb at MIT. REGRESSION AND SIMULATION MODELS: Often times you will need to develop a model to better predict the future in order to improve planning. Every week at 15:00 UTC, beginning on the course start date, you receive course materials and instructions for each week. Each student in each SCM program (Cambridge or Zaragoza) will belong to a cohort of 30-40 students during the entire duration of their course work. Throughout the course of the lesson, we build a “toolbox” for system dynamics which includes causal loop diagrams, behavior over time charts, stock & flow diagrams, and models. Living expenses vary by student. Program enrollment must be completed within 24 months. Therefore, applicants with the credential are not required to submit GRE or GMAT scores. With that said, the answer is still yes. Therefore, the total cost for the MITx MicroMasters program credential will be US$1350. You can enroll in all five courses and comprehensive final at one time from the program home page here. WEEK 11: PREP-WEEK: Again, this is a prep week in which no new graded assignments will be released. A pass is a pass. You will learn the basic concepts of developing and deploying algorithms and will see how they are used in some fundamental supply chain applications, such as vehicle routing and inventory planning. At the end, we spend some time summarizing and synthesizing the concepts taught throughout the course. WEEK 9: Supply Chain Systems III: Software Selection, Implementation, and Challenges: In the first lesson, we will review how supply chain planning systems are used in practice. How do I enroll? All SCM students (including SCMb) will have two choices of degree. A proctor ensures the security and integrity of the exam process. To verify in SC1x-SC4x you need to pay the verification fee by the end of the third week of each course. This includes SCx scores, writing capability, work experience, life experience, etc. Please connect with us at mitx.micromasters@mit.edu. MANAGING UNCERTAINTY: DISTRIBUTIONS AND PROBABILITY: In this week, we introduce the added complexity of uncertainty (or stochasticity) to our analysis. Please close the excel FIRST, before submitting your exam and closing the proctoring. What Is a MicroMasters Program? At the time of acceptance a $2,500 deposit is due. It will become quickly apparent how exponential smoothing can handle this - and you will see where the complexity increases. Key Concepts taught in the courses are available here (pdf download). Yes. You may open the blank Excel sheet from your computer after the proctoring exam starts. In order to meet application requirements for competitive admission to the MIT SCMb and to other universities that accept the credential for campus credit, the course offers one final assessment in the CFx. We then demonstrate how different buffering strategies as inventory, time or capacity can be employed in supply chains. Midterm and Final Exams are pure assessments. WEEK 12: FINAL EXAM: The final exam covers all of the material in this course, with special focus in the last four weeks. If you wish to add the MicroMasters credential abbreviation to your title, use MM SCM. We also discuss advanced topics in network design to include modeling multiple products, multiple echelons, and multiple time periods. You will be allowed the use of one of three approved translators. Program enrollment allows you to purchase the five courses and comprehensive final exam as one package at a 10% discount. You can contact CFxhelp support and Edx support teams immediately by following this protocol below: If you have any technical issues with the CFx exam please email both cfxhelp@mit.edu and edX support at info@edx.org. Microsoft Excel or LibreOffice Calc blank documents. The tuition for a year in the master's program costs $67,938. The MIT International Student Office recommends a budget of US$2,690 per month for single students. Is the MicroMasters credential transferable to any school for credit? verified learner. An additional pre-enrollment deposit of $2,500 is due September 1st. Learn more about verified certificates here. On top that, students received another $500k+ in MIT-wide fellowship awards. Students will matriculate at MIT during the January Independent Activities Period (IAP) to get oriented, meet the other student cohorts, and earn some credit. Add the individual course certificate, or MicroMasters program credential in the education, certifications or accomplishments section of your resume or CV. WEEK 0: OVERVIEW OF SUPPLY CHAIN DESIGN: In this week we will provide an overview of the course and introduce the concept of design. The exam is designed to test broad learning across the five courses. Each run of SC0x will have a final exam on a date set by the course team.The course will close briefly after each scheduled final exam and learners can enroll in the next run of the course if needed. By 2021, this amount may be higher. The individual test scores are just one component in the admissions decision to the SCMb Program. To find out which universities are offering credit, please visit here. The cost to take each course is US$299, except for Analytics-SC0x which is $199. WEEK 6: MIDTERM EXAMThe mid-term exam is a timed exam that covers all material presented to date. Read more about the CFx here. Once you open an exam you have between two and four hours to complete it, depending on the exam. This completes the demand forecasting portion of the course. You will have once week to play Round 3. If you are interested in the MITx MicroMasters program credential - you must successfully pass and receive a Verified Certificate in each of the five SCx courses (CTL.SC0x, CTL.SC1x, CTL.SC2x, CTL.SC3x, and CTL.SC4x). The graded assignment for this week will be proctored. The CFx is designed to assess your ability to synthesize and apply the learning from all five SCx courses. The person who purchases for the group will receive coupon codes to distribute to your employees taking the course. To share your program record through edX to its partner universities you can follow these instructions. Read more here. Supply Chain Analytics (SC0x): starts March 24, 2021, Supply Chain Fundamentals (SC1x): starts Sept. 1, 2021, Supply Chain Design (SC2x): starts June 16, 2021, Supply Chain Dynamics (SC3x): starts Sept. 15, 2021, Supply Chain Technology and Systems (SC4x): starts July 7, 2020, Supply Chain Comprehensive Exam (CFx): starts March 12, 2021, © 2016-2020 Massachusetts Institute of Technology, graduate programs accepting the credential for credit, CTL.SC4x - Supply Chain Technology and Systems. Students admitted to the SCM program through either the traditional or blended paths are part of the same program. WEEK 3: Dealing with partners: Collaboration and Risk Contracts: In this week Dr. Chris Caplice introduces a week that reviews how to deal with partners. WEEK 2: FORECASTING II - TIME SERIES ANALYSIS AND EXPONENTIAL SMOOTHING: You will continue the examination of demand forecasting by becoming familiar with time-series analysis. Instructions and Frequently Asked Questions, Use these methods as examples (pdf download). Logistics) degree. Trade agreements and optimization models of a supply chain are introduced this week. Traditional (SCM) – requires 10 months of full-time residence with matriculation in August and graduation in May. WEEK 8: Supply Chain Systems II: Supply Chain Visibility and track & trace: In this week you will learn about track and trace systems and the importance of visibility in supply chains. Learners who pass an integrated set of MITx graduate-level courses on edX.org, and one or more proctored exams, will earn a MicroMasters credential from MITx, and can then apply to enter an accelerated, on campus, master’s … The MicroMasters program credential remains valid towards any application for the MIT SCMb masters program on campus for up to three years. It is a chance for you to review the course material. To request a waiver (directly in the online application), you must meet the following criteria: Received an undergraduate degree (4 years) from a U.S. University or College OR Attended both primary and secondary schools taught in English. The MITx MicroMasters Program in Statistics and Data Science offered by MIT is a stand-alone certification. See the Blended Master's program page for more information. In this week, we take a specific look at supply chain systems starting with typical data structures and communication methods (such as EDI, XML, etc.). All eligible learners who have successfully passed the five SCx courses will be automatically enrolled in an upcoming CFx five to six weeks in advance. To earn a Blended SCM masters degree, a candidate must first earn the MITx MicroMasters® Program in Supply Chain Management as a verified learner, which costs about $1600 (see … Through extensive examples, you will learn how to use SELECT, INSERT, JOIN, VIEW, and other statements. MicroMasters programs are offered on edX.org, the nonprofit online learning destination founded by Harvard and MIT.In addition to these two schools, MicroMasters can also be earned at Columbia University, University of Pennsylvania, Georgia Tech, Boston University, University of Michigan, UC San Diego, University System of Maryland, and Rochester … The admissions deposit is non-refundable and will be applied to first semester tuition. Choose MITx as your certification authority under education or MIT CTL under accomplishments. A MicroMasters certification is a certificate of completion of an abbreviated online graduate level course from one of many top universities through edX. , the course opens on edX and enroll themselves in the first half the! Videos that discuss some real-world implications and concerns involved with all of the concepts taught throughout course... 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All the other courses and is separate from the course will close briefly after each scheduled final:. Explains the different causes of disruption, however, exact solutions are unfeasible or unobtainable within the same are! The motivation and challenges of the burgeoning field of Machine learning lectures this week we discuss! Virtual test-takers, Windows XP and Microsoft Surface laptops, and limited.. Certificate falls within this timeframe you may open the blank, and of course, databases passing their first as. On preferences and whether students live alone, with roommates, or have a final exam is a week (. Awards the Master of applied Science in data Management I: CONSTRAINED and UNCONSTRAINED optimization: in week:! That you pass as a verified learner at a more expanded track for... To significant impacts such as the course and the MicroMasters program is a prep:., but you can download the Key concepts taught throughout the course platform on you...

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