MSc Risk Management*

Lecturer talking to students

Study mode

Full-Time or Part-Time


Oxstalls, Gloucester

While financial risk has always been a key area, international trade, cyber security, reputational risk, risk of terrorism, and natural disaster have all led to the recognition that a comprehensive risk management approach is critical to the success of modern organisations.

This course is designed for practising managers wishing to develop their careers in the field of risk management. It will equip you with the skills and knowledge demanded by employers and provide you with a competitive edge. If you hold a relevant degree, or equivalent qualification, it is a chance to explore advances in risk management.

Aligned with the latest requirements of the market, the course will develop the skills required to work at a corporate head of risk management level. Students can seek registration with industry bodies such as the Institute of Risk Management (IRM) and the Federation of European Risk Management Associations (FERMA) before or after graduation.

The course is based around a combination of the IRM and FERMA frameworks, linked to ISO31000, Risk Management, from the International Organisation for Standardisation. You will be taught by experienced and dedicated staff who have industry knowledge, academic qualifications and published research.

Module Descriptions

  • Principles of Risk Management Discover the science and art of risk conceptualisation and effective risk management. Adopt a critical approach in analysing literature on risk management in modern organisations.
  • Risk Assessment Examine the foundations of risk to evaluate alternative techniques and approaches used in the identification, analysis and communication of risk and uncertainties in modern organisations.
  • Risk Treatment Integrate knowledge and skills of risk identification and analysis as part of enterprise risk management. Develop a comprehensive risk management approach when responding to identified and emerging threats and opportunities. 

Get MSc Risk Management course updates and hear more about studying with us.

Study style

Assessment includes case studies, research-focused assignments in coursework elements, and examinations

Course modules

Take a look at the course map for a breakdown of modules that you'll study to complete the course.

Entry requirements

  • A good honours degree, or professional equivalent and a minimum of two years working as a manager.
  • EU and international students need IELTS 6.0 overall (with a minimum of 5.5 in each component) or equivalent


Fees - 2019/20 Academic Year
Home and EU Students
Full-Time Fees
Masters £8700
International Students
Full-Time Fees
Masters £14250

The fee displayed is the total course fee for full-time or part-time study. Please refer to the Tuition Fee and Bursary Policy for payment methods and timescales.


  • Corporate level risk managers
  • Consultancy
  • Academia

Meet the Lecturer

Discover more about your course by visiting the university to speak with one of our lecturers. Learn about the modules, teaching style and the modes of assessment by speaking to our experts, and get a feel for the facilities you'll be using. Visit our Meet the Lecturer page to find out more and book your place.

*This course is 'subject to validation' which means it is going through the final stages of approval. Courses do normally get approved, but if for any reason this course does not then you would be informed by the university and we would help you find a suitable alternative.

Thomson Reuters sign

You will learn from a highly regarded academic team, with commercial and academic experience, and a record of published academic research

Computer screen showing graphs

Through active learning, you will develop the experience and competence required to operate in the risk management world.

people studying

Aligned with the latest requirements of the market, this course will equip you with the skills and knowledge demanded by employers, to provide you with a competitive edge and the skills required to work at a corporate head of risk management level.

Keep me updated

Fill in the form below and we'll be in touch with MSc Risk Management updates, upcoming events and everything you need to know about university life.