MSc Risk Management

Course structure

Full-time – one year
Starts September

Typical modules may include

Semester one – postgraduate certificate

Enterprise systems risk management
This module enables the students to develop an understanding of the impact that information systems have on the management of enterprise risk planning and also enables to gain an appreciation of how information systems risk frameworks are developed and deployed within an enterprise. It facilitates the identification and understanding of information systems enterprise risk architecture for given situations.

Methods of enquiry: research and consultancy in finance
This module provides a solid foundation for research and practice at postgraduate level. It feeds into the research methods and dissertation modules. You learn about various research methodologies and their merits to identify appropriate methods related to specific research objectives. You analyse the main research issues that need to be considered when preparing quantitative and qualitative data for analysis. You also critically examine and evaluate published research in your field, and develop the personal skills and qualities necessary to successfully take research and consultancy.

Financial risk management
This modules provides a critical understanding of the identification, measurement and management of financial risk in organisations, together with an appreciation that risk management must always be related to the corporates key objectives. Students should be able to apply the concepts and theories from relevant literature to practical situations so as to develop cost effective solutions which recognise the need for an enterprise-wide approach.

Total risk management
The module enables students to provide students with a conceptual introduction to the principles and processes relevant to the practice of risk management in large organisations. It also gives the students an appreciation of the increasing prominence and importance of a risk manager in global organisations.

Semester two – postgraduate diploma

Consultancy project
The module places students into a live company environment in order to provide them with the opportunity to apply elements of the theoretical and conceptual knowledge developed within the programme. They also take a marketing related task for an external client within a real-time framework under actual market conditions.

Corporate governance and ethics
This module helps the students to understand corporate governance, as located within an international perspective, from a variety of academic paradigms including socio political. It introduces a variety of ethical theories and to encourage ethical reflection throughout the module and beyond.

This is done by developing participants' nuanced understanding of a variety of relevant corporate governance issues and case studies relating to the UK and other countries and by considering the historical development of international corporate governance, particularly in the light of political, social, cultural and economic influences. It facilitating an appreciation and understanding of comparative approaches to corporate governance adopted in other countries.

Electronic crime
This module enables the students to develop an understanding of the major software applications most commonly in use for accounting, finance, business management and international commercial networks. This is done by facilitating the identification and understanding of the major types of commonly-encountered electronic crime. The students develop an appreciation of risk assessment processes for electronic systems. The modules also enables participants to identify computer security and control systems appropriate to given situations, whilst gaining an appreciation of major software applications for computer audit and interrogation.

International management competencies
This module facilitates the development of international management competencies relevant to functioning in the multicultural environment of international business organisations. It also provides practical underpinning for all other modules and significant opportunity for personal development relevant to international management.

Semester three – MA

Research methods
In this module the students prepare for dissertation and gain the skills to interpret and evaluate published research. You develop your knowledge of methodological and philosophical issues in research. You learn to design a research project, and to select, justify and implement appropriate research methods.

Dissertation
The dissertation offers you the opportunity to enhance your personal and professional development through an in-depth independent study. Your dissertation will be on a topic relating to some aspect of risk management.