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Key information

Qualification type

MSc - Master of Science

Subject areas

Risk Management

Course type


Course Summary

This MSc Risk Management course will teach you cutting-edge risk management principles and techniques that you can apply in any domain, opening up a wealth of career options.

Introducing your degree

This degree is one of a few UK masters courses to cover risk management theory and practice within a broad framework, with applications across a range of sectors. It gives you the freedom to explore your own interests through optional modules in areas such as finance, quantitative methods or corporate security. You’ll be taught by academics at the forefront of risk management research, including world-leading experts in decision making in uncertain environments and project risk. You’ll also benefit from close links with the Business School’s Centre for Risk Research, the only specialist centre of its type in a Russell Group University. In addition, the course is accredited by the Chartered Insurance Institute.

From banking and insurance to manufacturing and public health, effective risk management is now recognised as a crucial factor for success in all sectors. This popular degree is one of just a handful of masters courses in the UK that teaches risk management within a broad framework that can be applied in any field, rather than focusing on a specific industry such as finance or engineering. This gives you the freedom to explore different aspects of risk and discover your area of interest, which you can pursue by choosing from a range of specialist modules.

The programme is delivered in conjunction with the Business School’s multidisciplinary Centre for Risk Research, the only risk-related research centre of its kind in a Russell Group university. Our academics’ links with the Centre’s research programmes will inform your learning, and you’ll have access to additional opportunities such as industry seminars run by the Centre.

This course will be of interest if you already have some professional experience and want to advance risk management practice in your industry, or if you are looking to specialise following your undergraduate studies. We welcome students from a range of academic backgrounds who have undertaken some quantitative study.

The MSc in Risk Management is accredited by the Chartered Insurance Institute. This reflects our rigorous academic standards and means you’ll be able to apply for credits towards professional qualifications when you graduate.


Chartered Insurance Institute (CII)

Institute of Risk Management

The Association to Advance Collegiate Schools of Business


You’ll graduate with a wide range of career options. You could choose to work for a financial or insurance company, the pharmaceutical or medical industry, or in environmental risk management. Potential employers include consultancy service firms and government organisations as well as private sector companies.

Different course options

Full time | Highfield Campus | 1 year | SEP-20

Study mode

Full time


1 year

Start date



The module gives a general introduction to the theory and practice of insurance, reinsurance and captive operations. It seeks to meet the industry’s requirement for graduates with a strong insight into what makes the industry unique in terms of its handling of risk and uncertainty.

Tuition fees

UK fees
Course fees for UK / EU students

For this course (per year)


Average for all Postgrad courses (per year)


International fees
Course fees for non-UK / EU students

For this course (per year)


Average for all Postgrad courses (per year)


Entry requirements

Bachelors degree 2:1 classification UK bachelors degree or equivalent Acceptable subjects: A wide range of subjects accepted in Business, Economics, Science, Engineering, IT and Management Required module areas: Evidence of quantitative study e.g. accounting, economics, finance, maths, management sciences or engineering. Other subjects considered if quantitative ability demonstrated at A levels. Excluded subjects: English translation, Art/Performing Art, Vocational Studies Work experience in a related field can compensate for degree subjects/grades.

University information

The University of Southampton has a long history of tradition, prestige and success, having just celebrated 100 years of its Highfield Campus. A founding member of the Russell Group of research-intensive universities, the University is ranked in the Top 20 UK universities in the Complete University Guide, 2020 and is also a three-times winner of the Queen's Anniversary Prize. The University is spread across five campuses in Southampton,...more

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