MSc Risk

Durham City

 

INTAKE: October

Program Overview

The MSc Risk program at Durham University is designed to provide students with a comprehensive understanding of risk management and analysis. The program focuses on exploring various aspects of risk, from identifying potential hazards to implementing effective strategies for risk mitigation. 

  1. Risk Assessment and Analysis: Students gain expertise in assessing and analyzing risks across different domains, such as finance, business, health, and the environment.

  2. Risk Management Strategies: The program equips students with the knowledge and skills to develop risk management strategies, enabling them to handle uncertainties and challenges effectively.

  3. Quantitative and Qualitative Methods: Students learn both quantitative and qualitative research methods to evaluate risks and make informed decisions.

  4. Financial Risk Management: The program covers financial risk management techniques, preparing students for careers in finance-related industries.

  5. Enterprise Risk Management: Students explore enterprise risk management practices, emphasizing a holistic approach to risk assessment and mitigation.

  6. Operational Risk Management: The program delves into operational risk management, focusing on identifying and addressing risks within organizational processes.

  7. Risk Communication: Effective risk communication is a key aspect of the program, helping students develop skills to convey risk information to stakeholders.

  8. Data Analytics and Modeling: Students gain proficiency in data analytics and modeling, enabling them to make data-driven risk management decisions.

  9. Dissertation: As part of the program, students undertake an independent research project, applying their knowledge and skills to address a real-world risk-related issue.

Pollster Education

Location

Durham City

Pollster Education

Score

IELTS 6.5

Pollster Education

Tuition Fee

£ 21500

Postgraduate Entry Requirements:

  • Applicants should have successfully completed a bachelor's degree or its equivalent from a recognized institution with a minimum overall score of 60% to 70% or equivalent.
  • English language proficiency is required, and applicants must provide evidence of their English language skills through an approved language test.
    • IELTS: A minimum overall score of 6.5 with no individual component below 6.
    • TOEFL: A minimum overall score of 92, with at least 23 in Listening, Reading, Speaking, and Writing.
    • PTE Academic: A minimum overall score of 62 with no individual score below 59.
  • Some postgraduate programs may have specific subject prerequisites or additional requirements.

Students must provide:

  • academic marksheets & transcripts
  • letters of recommendation
  • a personal statement - SOP
  • passport
  • other supporting documents as required by the university.

Work experience: Some postgraduate courses may require relevant work experience in the field.

It is important to note that meeting the minimum entry requirements does not guarantee admission, as the university considers factors such as availability of places and competition for the program. Additionally, some courses may have higher entry requirements or additional selection criteria, such as interviews or portfolio submissions.

Durham University offers a range of scholarships and bursaries to both domestic and international students.

  1. Durham University Scholarships and Bursaries: These are awarded to both undergraduate and postgraduate students based on academic excellence, financial need, or specific criteria such as subject area or country of origin.
  2. Durham International Scholarships: These are awarded to exceptional international students who are pursuing undergraduate or postgraduate studies at the university. The scholarship covers a portion of tuition fees and is renewable for the duration of the course.
  3. Government Scholarships: Durham University participates in a number of government scholarship programs, including the Chevening Scholarship and the Commonwealth Scholarship.
  4. College-Specific Scholarships: Some colleges at Durham University offer scholarships and bursaries to their students, such as the Van Mildert College Music Scholarship and the St. Mary's College Travel Grant.
  5. Departmental Scholarships: Some academic departments at Durham University offer scholarships specifically for international students. These scholarships may be discipline-specific or focused on supporting students from specific regions or countries. 
  6. Vice-Chancellor's Scholarships: The Vice-Chancellor's Scholarships are prestigious scholarships awarded to exceptional international students across all academic disciplines. These scholarships cover the full tuition fees and provide a generous living allowance for the duration of the program. The selection process is highly competitive and based on academic merit and leadership potential.

Graduates of the MSc Risk program from Durham University have promising career opportunities in various industries. 

  1. Risk Analyst: Graduates can work as risk analysts, assessing and evaluating risks to assist organizations in decision-making.

  2. Risk Manager: Graduates may become risk managers, overseeing risk management processes and implementing strategies for risk reduction.

  3. Financial Risk Specialist: Graduates can pursue careers as financial risk specialists, analyzing and managing financial risks for businesses and institutions.

  4. Consultant: Graduates may work as risk management consultants, offering their expertise to organizations seeking to improve risk management practices.

  5. Insurance Analyst: Graduates can explore opportunities in the insurance sector, analyzing risks to determine appropriate insurance policies.

  6. Compliance Officer: Graduates may work as compliance officers, ensuring that organizations adhere to relevant risk management regulations and standards.


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