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Different course options

Study mode

Full time

Duration

1 year

Start date

SEP-23

Key information
DATA SOURCE : IDP Connect

Qualification type

MSc - Master of Science

Subject areas

Risk Management

Course type

Taught

Course Summary

About this course

Study this UK risk management master’s for a broad understanding of theory and practice in key topics of risk. Explore financial and credit risk, decision making and corporate security and insurance.

This course equips you with the skills to apply project risk management principles to a range of sectors. You’ll be able to tailor your degree and explore your own interests through optional modules, taught by experienced academics and researchers.

This UK risk management degree teaches risk management topics so that you can apply techniques and theory in any field, rather than focusing on finance or engineering.

This course is for you if you have some professional experience and want to advance risk management practice in your industry, or if you are looking to specialise following your undergraduate study.

You’ll explore different aspects of risk and discover your area of interest through optional module selection in areas such as finance, quantitative methods and corporate security.

MSc Risk Management is accredited by the Chartered Insurance Institute. This means you can apply for credits towards professional qualifications when you graduate.

You’ll be taught by academics at the forefront of risk management research, including experts in decision making in uncertain environments and project risk.

Our master’s in risk management is delivered with links to Southampton’s Business School’s Centre for Risk Research, the only specialist centre of its kind in a Russell Group University. The centre hosts unique opportunities, such as industry seminars, to inform your learning.

Careers

You’ll graduate with a wide range of career options. Popular organisations to continue a career in include:

  • financial or insurance companies
  • the pharmaceutical or medical industry
  • environmental risk management
  • consultancy service firms
  • government organisations
  • private sector companies

Our graduates have gone on to work for companies such as:

  • PwC
  • Deloitte
  • Ernst and Young
  • Old Mutual Wealth
  • Formula 1

The reputation of our risk management courses means we are regularly approached by companies seeking students for placement, internship or job opportunities.

Modules

MANG6003 aims to develop statistical reasoning. Via a series of examples and activities, students are introduced to the idea of probability modelling and how it can be applied to aid decision making in uncertain situations, which are frequently encountered in organisations. On successful completion of this module, students should be able to collect relevant data and summarise the main features of an uncertain situation, to identify standard problems and analyse them with the correct statistical tools, to process and analyse data in a statistical computer package, to understand the risks involved in a decision which involves uncertainty, and quantify such risks. Students should also develop problem solving skills, modelling skills, become familiar with a standard statistical computer package (SPSS), and be able to interpret and critically evaluate statistical results.

Tuition fees

UK fees
Course fees for UK students

For this course (per year)

13,000

International fees
Course fees for EU and international students

This programme is now closed to all international applicants.

Entry requirements

Students will need a 2:1 degree in a subject with quantitative study such as: accounting, finance, business, maths, engineering, science economics. You’ll need evidence your maths, statistics, calculus and algebra knowledge.

University information

The University of Southampton is an institution with a strong heritage, with more than 100 years of history and tradition supporting a modern educational model that focuses on student success. Southampton is one of the founding members of the UK’s prestigious Russell Group, a network of research-focused and prestigious universities. Today, the 2023 Complete University Guide league table places Southampton among the top 13 institutions...more