Risk Management

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Effective risk management is increasingly becoming recognised as a necessary condition for successful organisational performance. Consequently, the development of more systematic approaches to risk management is now a major concern across both the public and private sectors.

More specifically, formal treatment of risk and uncertainty is needed in the management of all aspects of management including: strategy, investment decisions, projects, asset utilisation, business continuity, corporate security, health and safety, liabilities, and risk financing.

The broad scope of the risk management programme explicitly recognises the multi-disciplinary nature of most risk management issues, and is concerned directly with the transfer and integration of concepts, techniques and best practice across different areas of application.

Individuals with a formal qualification in risk management broadly defined are highly sought after by a variety of employers. The risk management programme is designed to provide such a qualification.

Full-time study on our MSc programmes follows a schedule of half-day teaching blocks. A single module, for example, will be taught over six half-days, usually the same half-day each week e.g. six consecutive Monday mornings and half modules are taught over three half-days. Module teaching blocks will be scheduled on different half-days so that students will study several modules during the same period.

Teaching takes place during the autumn, spring and summer terms with a few modules scheduled for evenings and the Easter vacation. These will usually be the optional modules but this is not guaranteed. Formal examinations take place in January and May/June each year at the end of each semester. If you pass the module assessments to a satisfactory standard you are permitted to continue work until September leading to the submission of an MSc dissertation.

Typical course content
There are a range of compulsory and optional modules for this postgraduate degree.

postgraduate degree.

Year 1
Semester One
Compulsory:

* MANG6003 Quantitative Methods
* MANG6181 Corporate Risk Management Processes
* MANG6182 Principles of Risk Management

Optional:

* MANG6045 Consultancy Skills
* MANG6049 Problem Structuring
* MANG6091 Business Ethics
* MANG6122 Simulation
* MANG6068 The Management of Corporate Security

Semester Two
Additional compulsory module: MANG6095 Dissertation

Compulsory:

* MANG6071 Insurance
* MANG6134 Risk Taking and Decision Making
* MANG6143 Project Risk Management

Optional:

* MANG6020 Financial Risk Management
* MANG6054 Credit Scoring and Data Mining
* MANG6059 Healthcare Modelling
* MANG6100 Game Theory
* MANG6169 Credit Risk Modelling and the Basel Accord
* MANG6028 Corporate Finance
* MANG6129 Quantitative and Qualitative Research

Please note: This specification provides a concise summary of the main features of the programme and the learning outcomes that a typical student might reasonably be expected to achieve and demonstrate if s/he takes full advantage of the learning opportunities that are provided. More detailed information can be found in the programme handbook (or other appropriate guide).

1st or 2nd class honours degree from a UK university in an appropriate subject. Equivalent overseas/ professional qualification in an appropriate subject also welcomed.Applicants whose first language is not English and do not have a degree from a UK university will be required to provide evidence of competency in English by reaching an appropriate standard in an approved text such as IELTS, TOEFL and the Cambridge Certificate of Proficiency in English (grades A-C) or the Certificate in Advance English (grades A or B). Test results should be less than two years old at the time of expected registration at the University of Southampton and must be verified before admission. * IELTS - Overall score 6.5 or above and all sections scores 6 or above. * TOEFL (paper based test) - Overall score 580 or above and all sections scores 55 or above. * TOEFL iBT (Internet-based test) - Overall score 92 or above and all section scores 21 or above. English Language Requirements IELTS band: 6 CAE score: (read more) Cambridge English: Advanced (CAE) is part of the Cambridge English suite and is targeted at a high level (IETLS 6.5-8.0). It is an international English language exam set at the right level for academic and professional success. Developed by Cambridge English Language Assessment - part of the University of Cambridge - it helps you stand out from the crowd as a high achiever. 75 (Grade B) TOEFL paper-based test score : 580 TOEFL iBT® test: 92 IMPORTANT NOTE: Since April 2014 the ETS tests (including TOEFL and TOEIC) are no longer accepted for Tier 4 visa applications to the United Kingdom. The university might still accept these tests to admit you to the university, but if you require a Tier 4 visa to enter the UK and begin your degree programme, these tests will not be sufficient to obtain your Visa. The IELTS test is most widely accepted by universities and is also accepted for Tier 4 visas to the UK- learn more.

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Prepare for the program requirements with English Online by the British Council.

• ✔️ Flexible study schedule
• ✔️ Experienced teachers
• ✔️ Certificate upon completion

📘 Recommended for students with an IELTS level of 6.0 or below.

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Accreditation

The Chartered Insurance Institute (CII) and the Institute of Risk Management (IRM) have both awarded credits for all students holding the MSc Corporate Risk and Security Management.