Risk Management

Study mode:On campus Study type:Full-time Languages: English
Local:$ 173 / Year(s) Foreign:$ 173 / Year(s) Deadline: Mar 1, 2025
StudyQA ranking:4712 Duration:2 years

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The Master of Science in Risk Management at the University of Stavanger offers a strong academic basis for future work within risk management in the offshore industry as well as other industries.

The principal aim of the study program is to give the students the knowledge and basic thinking they require to approach risk and uncertainty to support decision-making. Topics covered are include: What is the meaning of risk? How to express risk and uncertainty? How to analyze reliability and availability? How to give weight to uncertainties? How to understand and apply the precautionary principle? How to determine acceptable risk? How to balance different concerns, such as safety and economics? How to apply cost-benefit and cost effectiveness analyses? How to apply expected values in risk management?

The MSc programme has an international profile with applications from students worldwide. The programme incorporates two streams of specialisation:

Risk Management
Offshore Safety

A Bachelor's degree in any engineering discipline is required.All applicants have to document at least 30 ECTS credits in mathematics/statistics/calculus of probability including at least 5 ECTS of statistics.English Language Requirements: Test of English as a foreign language (ETS TOEFL?®) with a minimum score of 550 (paper based), 80 (internet-based).International English Language Testing Service (IELTS) with a minimum score of 6.0. University of Cambridge exams: Certificate in Advanced English or Certificate of Proficiency in EnglishFor more information and a complete list of exemptions, please follow this link: www.uis.no/language
As a rule, Norwegian universities do not charge tuition fees. All students pay a semester fee of currently NOK 750 per semester.However, international students should be prepared to apply as self-financing full degree students.
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