Risk Management MSc

About the course

Risk management has developed over the last 20 years both as an academic discipline and profession. It is relevant to all aspects of industry, commerce, consultancy and the public sector and is of importance to those with a variety of career aspirations or backgrounds, such as accountants, project managers, insurers, chartered surveyors, health care professionals, lawyers, bankers, auditors, health and safety professionals, and engineers.

This course is designed to appeal to a broad risk management body and recognises the inter-disciplinary nature of the subject.

There is an increased recognition that risk needs to be managed and not simply avoided, which has a major impact on organisational strategy. In turn, this is accompanied by increased risk regulation which has created a dynamic employment market for those managers with the necessary qualifications, training and skills.

You may also make progress with professional qualifications, as the course attracts exemptions from the Institute of Risk Management (IRM) exams. In addition you will gain affiliate membership of the Association of Insurance and Risk Management (AIRMIC) while studying at Leicester Business School.

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Key facts

Duration: One year full-time, two years part-time

Institution code: D26

Entry and admission criteria

You should hold a good honours degree, or an overseas equivalent, in any subject. Work experience is desirable but not essential. If English is not your first language, an IELTS score of 6.5 (including a minimum of 5.5 in each component) or equivalent is normally required. English language tuition is available both before and during the course if required.

Teaching and assessment

Teaching will be delivered through formal lectures, informal seminars, tutorials, workshops, discussions, visiting speakers and e-learning resources. Assessment is usually a combination of individual and group work, presentations, essays, reports and projects.

Course modules

First semester

• Risk Management
• Business Continuity and Crisis Management
• Business in Action
• Research Methods

Second semester

• Managing Complexity, Uncertainty and Conflict
• Internal Control and Audit

Plus two electives from:

• International Finance
• Project Management
• Strategic and Financial Decision-making
• Corporate Social Reporting and Governance

or, instead of two electives:

• Project on Professional Issues in Risk Management

Third semester

Dissertation or in-company project
The in-company project option is an alternative to the traditional research-based dissertation and offers a challenging opportunity to complete a 12-week project based in a UK company or organisation.

Programme/Module Information Handbooks:

Risk Management MSc |

Academic expertise

Our £35 million Hugh Aston Building offers state-of-the-art teaching and computer lab facilities.

Graduate careers

There is evidence that career opportunities in risk management have increased for both those about to embark on a career or those seeking to enhance an existing career. If anything, recent events in the banking and oil industries, for instance, have enhanced the importance of risk management.

Fees and funding

Home/EU Students: For 2012/13 entry the tuition fees for this course are £6,500.
Overseas Students: For 2012/13 entry the tuition fees for this course are £11,200
A range of scholarships and early payment discounts are also available for eligible students. For the latest information on UK funding, please visit dmu.ac.uk/pgfunding and for international fee information please visit dmu.ac.uk/fees