Courses in Risk Management ensure that you are well-equipped with the expertise and skillset to enter a wide range of industry sectors as a risk management specialist. The programme imparts comprehensive knowledge of risk perception, management and control. Career options abound in the banking, insurance and finance sectors. Here’s a list of institutes in the United Kingdom, some of the leader players in this segment.
Imperial College London
The Business School offers a one-year MSc in Risk Management and Financial Engineering. Graduates holding at least a second class in Engineering, Science, Economics or Mathematics can apply. Prospective candidates are expected to be strong in Probability, Calculus, Matrix Algebra and Real Analysis to cope up with the rigour of the course. Those who don’t hold a Mathematics-related degree are expected to show GRE or GMAT scores. In your application, you are required to fill a Mathematics Experience Statement underlining the subjects you are proficient in.
Details: wwwf.imperial.ac.uk/business-school/programmes/msc-risk-management
London School of Economics and Political Science
It offers an interdisciplinary MSc in Risk and Finance. Core modules include Management and Regulation of Risk, Valuation and Security Analysis, Accounting in the Global Economy, Financial Risk Analysis, Forecasting Financial Time Series, Fixed Income Markets, Applied Corporate Finance, Real Estate Finance, Corporate Finance and Asset Markets, Quantitative Methods for Finance and Risk Analysis, International Finance, Portfolio Management, Principles of Decision Sciences , Financial Crime and Stochastic Processes.
Details: www.lse.ac.uk/finance/prospectiveStudents/MscRiskFinance/Home.aspx
University of Southampton
Southampton Business School offers a one-year MSc in Risk Management. Graduates with at least a second class in Engineering, Sciences, Finance or Economics (Mathematics not essential) can apply. Study modules include Quantitative Methods, Corporate Risk Management Processes, Principles of Risk Management, Consultancy Skills, Problem Structuring, Business Ethics, Simulation, Management of Corporate Security, Project Risk Management, Financial Risk Management and Multivariate Statistics for Data Mining. An overall IELTS score of 6.5 with 6.5 in reading and writing, 6 in listening and speaking is required. Fee is £16,250 (approx Rs 15 lakh).
Details: www.sbs.ac.uk/postgraduate/msc-risk-management
City University
Cass Business School of the University offers a one-year MSc in Insurance and Risk Management. The course explores the multi-faceted world of risk management and reflects the growing interplay between Insurance, Risk Management and Financial Services. It will equip you with the all-round skills necessary to succeed in a constantly developing business environment. The course begins in September and the Business School follows a rolling admissions policy. The programme could also be done part-time (24 months). Fee is £18,000/Rs 17 lakh (full-time); £9,000/Rs 8 lakh per year (part-time).
Details: www.cass.city.ac.uk/courses/masters/courses/insurance-and-risk-management
Glasgow Caledonian University
It offers a one-year MSc in Risk Management. The course begins on September 14. Orientation week starts on September 7. First class graduates holding relevant degrees in Risk Management, Insurance, Financial Services, Actuarial Studies, Business, Management, Marketing, Economics, Finance, Accounting, Mathematics, Health and Safety, Health, Science, Engineering, or a Risk Management-related subject can apply. In lieu of relevant degrees, work experience from professional bodies is considered. An IELTS score of 6 with no element less than 5.5 is required.
Details: www.gcu.ac.uk/study/postgraduate/courses/risk-management-8947.php?loc=uk
University of Nottingham
It offers a one-year full-time MSc in Risk Management. Graduates holding at least a second class in Management, Economics or Business Studies can apply. Programme modules include Risk Analysis, Corporate Financial Strategy, Managerial Economics, Corporate Risk, and Theory of Risk and Insurance. Course begins in September. An IELTS score of 6.5 is required.
Details: www.nottingham.ac.uk/pgstudy/courses/business/risk-management-msc.aspx
Compiled by Shilpa Kappur Vasudevan, shilpa.vasudevan@newindianexpress.com