We strongly recommend that you start with SC0x or SC1x. WEEK 9: Risk Management & Resilience: Professor Yossi Sheffi explains the different causes of disruption. It will become quickly apparent how exponential smoothing can handle this - and you will see where the complexity increases. This is a very very light week - so you can get prepared for the Final Exam! We will notify all enrollees and you will see the CFx from your edX dashboard. You will become comfortable including both level and trend into your forecasts. Yes. You must submit your MIT SCMb application within 36 months of receiving your MITx program certificate. There are five online courses required to complete the MITx MicroMasters program credential in SCM: To be eligible for the MicroMasters program credential, you must earn a Verified Certificate in each course. He will provide a brief interview of the major accounting concepts relevant to supply chains to include Activity Based Costing (ABC), Working Capital, and the Cash-to-Cash conversion cycle. It is the reference course for all the others and so remains available as needed almost continually. The final exam 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. Please find an alternative to use for the CFx. WEEK 11: Week Off (preparation for FINAL EXAM) A free week to give you all a time to breathe! I am currently completing the Supply Chain MicroMasters (SCx) from MIT. Through extensive examples, you will learn how to use SELECT, INSERT, JOIN, VIEW, and other statements. 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. Flexibility and robustness are also discussed. Yes, we continue to work with universities globally to grow the pathway credits for MicroMasters program credentials. There will be no graded assignment for this week. Yes. All course content, practice problems, exams, reading materials, and external links are delivered through the course platform on edX. You will also be introduced to linear programs (LPs) for constrained problems. Additional dependent expenses 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). If you have never taken a course on edX you can try Demo_x. Midterms take place in week 6 and finals in week 12. In all instances, your learners would create their own accounts on edX and enroll themselves in the target course. You may open the blank Excel sheet from your computer after the proctoring exam starts. WEEK 8: SUPPLY CHAIN FINANCE I: Jim Rice will draw the connections between supply chains and accounting. This deposit is non-refundable and will be transferred to student's financial accounts in December and applied to first semester tuition. Typically, only the institution that offers the MicroMasters® program grants credit.However, a few schools do offer credit for MicroMasters® programs from other universities. Funding is available to Norwegian students and those with strong ties to Norway who are accepted into post-graduate degree programs. The SCM program at MIT awards the Master of Engineering in Logistics (M.Eng. FINAL EXAM: The final exam is a timed exam that covers all material from the course. A pass is a pass. You will learn how to conduct hypothesis testing. Applications for the SCMb program will open in early fall each year and close in late spring. Use these methods as examples (pdf download). This identity verification lasts for up to one year across your courses and is separate from the payment process. Graded assignments and exams often overlap. We will review the basic components of system dynamics, what it is, how to apply it, and how to use models to understand it. 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. Simulation helps us understand what an outcome will be given a set of inputs. You will learn how to make routing decisions with multiple legs and demonstrate how this also applies to any mode selection. There are two or three 'runs' of SC0x per year. No assignment will be handed out. *MIT releases updated tuition and fees in the spring preceding the start of the academic year. Any instructor interaction takes place within the course forums or using the course email. There are other requirements for the application to the SCMb. WEEK 5: Week off (preparation for Midterm Exam): In week 5 we give you time to play TFC game! You will also learn how to handle uncertainty in lead-times and see how this relates back to inventory policies. We will be using the open source software package Orange (implemented in Python) for the machine learning lectures this week and next. 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 CFx is offered virtually via the edX platform. For virtual test-takers, Windows XP and Microsoft Surface laptops, and mobile devices or tablets do not work with the virtual proctoring software. WEEK 4: Machine Learning: In Week 4 we will dive more deeply into the field of Machine Learning. The MicroMasters (MM) vary in terms of difficulty and requirements depending on the participating institution that is running the program. The overall cost of the five courses plus the final exam is US$1694.*. You will learn the basics as well as how to handle special cases, such as discounts, lead times, and finite replenishment. This is followed by spring-term enrollment and graduation in May. The questions are designed according to the limitations presented in the exam: limited time, no additional software, and limited accessibility. WEEK 4: INVENTORY MANAGEMENT I - DETERMINISTIC DEMAND: The inventory section opens up with the simplest inventory model: the Economic Order Quantity (EOQ). There is no additional cost for taking electives beyond the requirements, subject to advisor approval. In the second lesson, Dr. Bateman will explore a case that will bring together many of the lessons you have learned in this course including how to work with big data, supply chain systems, platform interoperability, and track & trace in their interest of supply chain visibility. At this time there is no financial aid available through the MIT Center for Transportation and Logistics. We discontinued the X-Series when the MicroMasters program was announced in October of 2015. SC0x - Supply Chain Analytics, is delivered on a learner-paced schedule. He illustrates current industry trends based on real examples. In this week, you will not only learn how to build these econometric models, but also how to interpret and use them in practical scenarios. Microsoft Excel or LibreOffice Calc blank documents. 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. IELTS: Choose “MIT Graduate Admissions” as reporting option; no code is required. Earn a MicroMasters credential from MIT’s #1 ranked Supply Chain Management Program to advance your career. Learn more about verifying for the whole program here. We will honor completed MicroMasters Program Certificates on applications to the Blended Supply Chain Master's Program for up to three years after their issue date. No! With that said, the answer is still yes. It will be a timed exam, available during one week, but once you start the exam there is a limited time to complete it. See course for exam instructions. In addition to our lectures, we will feature interviews and discussions with industry experts. We will also provide a very quick review of the major concepts taught in SC1x. This is the language that allows humans (as well as other systems) to interact with relational databases. 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. 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. At the time of acceptance a $2,500 deposit is due. We focus on how supply chains need to align with the selected company strategy in order to enable it. Students will not need software other than Microsoft Excel or LibreOffice Calc. The person who purchases for the group will receive coupon codes to distribute to your employees taking the course. It is very different from prescriptive (optimization) models that makes recommendations. After completing the five courses you will be invited to the next Comprehensive Final Exam (CFx) which you need to pass in order to receive the credential. He reviews different approaches to setting up manufacturing and the motivation and challenges of the offshoring strategy. The objective is to understand how all of the models, concepts, and approaches fit together. Make sure please that your email includes these items below: At that time please also contact Proctortrack support at +1 (844) 753-2020 or support@verificient.com for technical assistance. No. (Read more about exams and verification below.). The objective is to understand how all of the concepts, tools, and techniques reviewed in this course fit together. We will finish up with a short review of client-server architecture. 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. A full course syllabus, expected deadlines and course requirements are released in the first orientation week of each course called "Week 0". Read more about verification here. The MITx MicroMasters program has added more pathway institutions, offering learners from around the globe enhanced access to “blended” master’s programs. The scholarship will supplement any other funding to cover the full cost of study and living expenses. The tuition for a year in the master's program costs $67,938. You will learn how segmentation can be used to differentiate how inventory is managed in different situations. The exam is designed to test broad learning across the five courses. Learn more and enroll in the MicroMasters >> J-PAL and MIT’s Department of Economics designed the MicroMasters® program credential in Data, Economics, and Development Policy (DEDP) to equip learners with the practical skills and theoretical knowledge to tackle some of the most pressing challenges facing developing countries and the world’s poor. FAQ for updates to the exam schedule. WEEK 5: OFF-WEEK: This is a week off. 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. He finishes the risk management and resilience lesson by discussing the lessons learned in the real cases presented and explaining how companies can improve their resilience and manage risk. The admissions deposit is non-refundable and will be applied to first semester tuition. Course staff will notify and enroll qualified learners when they become eligible. 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