The CFx is the Comprehensive Final Exam for the MicroMasters program in Supply Chain Management. The course team recommends that learners take the CFx within five years of passing their first course as some materials may change. The person who purchases for the group will receive coupon codes to distribute to your employees taking the course. Her MicroMasters certification, though, is just $1,350. WEEK 0: Overview, Logistics & TFC : In Week 0 we will provide an overview of the basic rules and practices of managing large data sources. Any learner who completed any SCx course prior to 1 January 2016 was eligible to earn the X-Series in SCM by completing SC1x, SC2x, and SC3x as a verified student before the end of 2016. Once a learner begins Exam I, they must complete both exams within 12 hours. The passing grade for each course is independent of the MicroMasters program credential. The CFx will be held twice annually, once in the first half of the year and once in the second. The MicroMasters (MM) vary in terms of difficulty and requirements depending on the participating institution that is running the program. You will learn the basics of relational models, including entities, attributes, keys, tables, and of course, databases. Eligible learners will be notified of the exam schedule and testing centers several months before a scheduled exam. WEEK 9: SUPPLY CHAIN FINANCE II: Dr. Jarrod Goentzel continues the discussion on supply chain finance by introducing discounted cash flow (DCF) analysis. WEEK 1: DATA MANAGEMENT I: In this first week, we dive deeply into data modeling. Pricing. We go over various approaches to visualize system complexity. verified learner. 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. To qualify for the CFx a learner must have completed and passed all five SCx courses as an ID verified learner, using the same username. We will present examples of commonly used machine learning algorithms and some applications. We release a set of videos that discuss some real-world implications and concerns involved with all of the models we have discussed so far. The total estimated cost for the SCMb program are listed below. You will become comfortable including both level and trend into your forecasts. The main purpose is to test your understanding of the key concepts from all five courses. You can download the Key Concepts from all five courses document here. Any instructor interaction takes place within the course forums or using the course email. Read more about the CFx here. We will discuss and go into some detail on one approximation method for estimating costs of vehicle routing to illustrate the approach. Yes, we continue to work with universities globally to grow the pathway credits for MicroMasters program credentials. Program enrollment must be completed within 24 months. And you're back to work – and regular paychecks – after just 10 months on campus (5 months in the Blended cohort!). All course content, practice problems, exams, reading materials, and external links are delivered through the course platform on edX. Read more or enroll on edX here. MIT is one of the selected few universities to receive this scholarship. To earn the Master of Applied Science in Data, Economics and Development Policy, students must first earn the MITx MicroMasters credential. It provides you time to complete previous assignments and get ready for the midterm next week. WEEK 6: Midterm Exam: The midterm exam will include multiple choice questions and problems that will cover the concepts review in the first four weeks of the course. Read more about verification here. 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 objective is to understand how all of the concepts, tools, and techniques reviewed in this course fit together. Caplice first outlines collaboration, including how the lack of collaboration can lead to significant impacts such as the bullwhip effect. 6 graduate-level courses. FINAL EXAM: The final exam is a timed exam that covers all material from the course. You will learn how to measure, model, and manage uncertainty and randomness within supply chains. You will also learn about some other techniques used for special cases, such as new product forecasting. To earn a Blended SCM Masters degree, a candidate must first earn the MicroMasters program credential. WEEK 6: MIDTERM EXAM: The Midterm exam covers all of the material from weeks 1, 2, 3, and 4. WEEK 9: Risk Management & Resilience: Professor Yossi Sheffi explains the different causes of disruption. for five months). The CFx is offered virtually via the edX platform. By 2017, this amount may be higher. Building off of the data management skills mastered in weeks 1-2 and the first lesson of this week, you will learn how to set up and run both supervised and unsupervised learning techniques. WEEK 12: FINAL EXAM: The final exam covers all of the material in this course. WEEK 3: DATA MANAGEMENT III: In this week, we will introduce additional topics in data management. All course enrollment, midterm and final exam deadlines are at 15:00 UTC on the date of the deadline. ALGORITHMS AND APPROXIMATIONS: In this week you will learn two approaches to problem-solving that are very common in supply chain management: algorithms and approximations. See the Blended Master's program page for more information. If you have never taken a course on edX you can try Demo_x. Every week at 15:00 UTC, beginning on the course start date, you receive course materials and instructions for each week. In order for a course to count toward the MicroMasters Program Credential, the passing course must be taken as an I.D. If you wish to sit for the exam, you should verify and pay the course fee by the deadline in your dashboard. No. All exams will have a virtually proctored option. Employers recognize it for providing deep learning in … 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. Graded assignments and exams often overlap. This deposit is non-refundable and will be transferred to student's financial accounts in December and applied to first semester tuition. 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. We present the Fixed Planning Horizon model and solve it to develop optimal production plans. A global nonprofit, edX transforms traditional education, removing the barriers of cost, location, and access. All SCM students (including SCMb) will have two choices of degree. Microsoft Excel or LibreOffice Calc blank documents. MicroMasters is a professional and academic credential for online learners from anywhere in the world. 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. See the "When will the next course be run?" The first week, called week 0, is introductory and there are no assignments. Computers used for virtual proctoring must comply with these. Courses remain valid to sit for the CFx for up to five years. These instructions will be reminded as you open the exam. Supply chains can be quite complex. Is the MicroMasters credential transferable to any school for credit? This is a game that we will use throughout the course, starting on Week 1, to illustrate how different functions interact and how trade-offs can be made. You will learn how to formulate models that either minimize costs or meet a specified level of service. 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 … You can learn more here. Please visit the following pages at edX to learn more. 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. We then introduce the Facility Location problem and show how to formulate and solve it using Mixed Integer Linear Programs (MILPs). Living expenses vary, depending on your living style and whether students live alone, with roommates, or have a family. SC0x - Supply Chain Analytics, is delivered on a learner-paced schedule. See course for exam instructions. 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. 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. You can review the annual course schedule here (opens a pdf) for the most up-to-date information. Additionally, we will introduce you to the Fresh Connection supply chain simulation game. 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. At the time of acceptance a $2,500 deposit is due. We recommend that you look at SC0x and the Key Concepts Document (pdf) for each of the prerequisite courses listed to make sure you are comfortable with its content. Each run culminates in a final exam which you should pass as a verified learner in order to earn the SC0x credential. It is the reference course for all the others and so remains available as needed almost continually. Typically, only the institution that offers the MicroMasters® program grants credit.However, a few schools do offer credit for MicroMasters® programs from other universities. This is so you can get prepared for the Final Exam! It is very different from prescriptive (optimization) models that makes recommendations. The cost of each class (including the proctored exam) is between $100 and $1000 dollars, depending on students' ability to pay. Yes. This includes SCx scores, writing capability, work experience, life experience, etc. The MITx MicroMasters program has added more pathway institutions, offering learners from around the globe enhanced access to “blended” master’s programs. At the end, we spend some time summarizing and synthesizing the concepts taught throughout the course. To earn the credential all courses must be completed as a verified learner at a fee of US$150 per course. SC0x - Supply Chain Analytics, is delivered on a learner-paced schedule. Verification fees are not transferrable across courses. Instead, you should enroll for free in each individual course as your schedule permits. It does allow us to look at a more expanded track record for each applicant. We will be using the open source software package Orange (implemented in Python) for the machine learning lectures this week and next. Read more about course certificates here. We will notify all enrollees and you will see the CFx from your edX dashboard. MicroMasters programs are a series of graduate level courses from top universities designed to advance your career. WEEK 3: FORECASTING III - SEASONALITY AND SPECIAL CASES: In this week you will learn how to include seasonality (that is, a repeating pattern over a year, month, week, day, etc.) Yes. Each run of SC0x will have a final exam on a date set by the course team. Combine your MicroMasters Credential with on-campus work at MIT to earn a Master of Engineering in Advanced Manufacturing and Design degree. Additional dependent expenses This is the language that allows humans (as well as other systems) to interact with relational databases. The MicroMasters program credential requires a learner to successfully pass five rigorous online courses in supply chain management and also pass a proctored comprehensive final exam. Building off of this, we will provide an overview of the traditional supply chain operational and execution systems, such as, ERP, MRP, TMS, OMS, and WMS. 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. How much do they cost? You may open the blank Excel sheet from your computer after the proctoring exam starts. You can learn more and find out if you qualify here. By 2021, this amount may be higher. Limited scholarships may be available for students from Arab League nations through the Al Ghurair Open Learning Scholars Program. 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: This MicroMasters® program in Accounting is designed for smart, hardworking students with integrity and passion who want to substantially enhance their understanding of accounting. SC1x - SC4x each run for 13 weeks. WEEK 5: OFF-WEEK: This is a week off. To understand these forces, Dr. Alexis Bateman introduces an example through a palm oil case study. and, How do I complete a course with multiple sections? Exams are opportunities for the course team to assess your grasp of the material. We will be using mySQL for these assignments, but you can use any database implementation that you are comfortable with. We will discuss a series of forces on the supply chain that includes regulation and law, natural & human resources, industry & society, and customers. WEEK 1: FORECASTING I - SEGMENTATION AND INTRODUCTION TO DEMAND FORECASTING: In this first week you will learn about the challenge of uncertainty and become comfortable with the concept of segmentation. You have to show the proctors that you close your Excel and do not save any file BEFORE ending the proctored session, otherwise, you will FAIL the proctoring. We also present different distribution strategies and discuss how e-commerce has affected the design of distribution networks. A MicroMasters certification is a certificate of completion of an abbreviated online graduate level course from one of many top universities through edX. WEEK 4: INVENTORY MANAGEMENT I - DETERMINISTIC DEMAND: The inventory section opens up with the simplest inventory model: the Economic Order Quantity (EOQ). He reviews different approaches to setting up manufacturing and the motivation and challenges of the offshoring strategy. No assignment will be handed out. We expect it will take between 14 and 18 months to complete all five courses and final exam. WEEK 11: OFF-WEEK: This is a week off. The scholarship will supplement any other funding to cover the full cost of study and living expenses. It is a chance for you to review the course material. A pass is a pass. 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. You will also be introduced to linear programs (LPs) for constrained problems. Current costs of attendance may be found at the MIT Graduate Admissions website. Expert instruction. 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. Learn more about verified certificates here. 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 be allowed the use of one of three approved translators. Course instructors advise against taking two courses at the same time, except in the case of Supply Chain Analytics - SC0x which is always open. Therefore, applicants with the credential are not required to submit GRE or GMAT scores. 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. Key Concepts taught in the courses are available here (pdf download). In this week you will learn how to use and interpret the results of discrete event and Monte Carlo simulations. Applications for the SCMb program will open in early fall each year and close in late spring. into your forecasts. It will become quickly apparent how exponential smoothing can handle this - and you will see where the complexity increases. 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. The cost to take each course is US$299, except for Analytics-SC0x which is $199. MITx and MIT Sloan School of Management are developing a MicroMasters program in finance that will cover topics such as finance theory, financial accounting, mathematical methods for quantitative finance, derivatives markets: advanced modeling and strategies. Trade agreements and optimization models of a supply chain are introduced this week. 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. Most people will take the CFx virtually from their own computer. At this time there is no financial aid available through the MIT Center for Transportation and Logistics. 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 the end of the exam, please make sure to close the excel and NOT save any excel spreadsheets related to the exam. 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. WEEK 11: Week Off (preparation for FINAL EXAM) A free week to give you all a time to breathe! He illustrates current industry trends based on real examples. We will conclude the week with a wrap-up of the course and the MicroMasters program series. Instructions and Frequently Asked Questions, Use these methods as examples (pdf download). We use the model to solve and test the sensitivity of the assumptions in a larger case study. All course instruction is pre-recorded. All course content, practice problems, exams, reading materials, and external links are delivered through the course platform on edX. If you wish to add the MicroMasters credential abbreviation to your title, use MM SCM. They have many certificate programs for very reasonable fees, starting at $25 for a Microsoft certificate. Graduate Tuition. Google https://translate.google.com/; Youdao http://fanyi.youdao.com/; or Bing https://cn.bing.com/translator. Currently, a budget of $2,850 per month is recommended for single students on campus – $14,675 for the five month duration of the program. In the case of SC0x, the course is almost always open as a reference for all other courses. 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. This is the amount international students must show on their Proof of Funding. We do not simply accept the top students with the highest sum of scores. To earn the MicroMasters Program Credential you need to successfully earn a verified certificate in all five SCx online courses when they are scheduled and then, pass the Comprehensive Final Exam offered twice per year. However courses remain open for enrollment during the first three weeks. 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. 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). Earn a MicroMasters credential from MIT’s #1 ranked Supply Chain Management Program to advance your career. 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. We do NOT provide a link for Excel files.) 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. The X-Series was the precursor to the MicroMasters program. There are two paths that students can take to earn this degree: Both programs require 78 course credits plus a 12 unit Research Thesis. 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