Risk Management (streams in Insurance and Public Sector) – (M.Sc.)

Effective risk management is increasingly becoming recognised as a necessary condition for successful organisational performance.

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

Insurance is one of the key risk management skills and many risk managers require a detailed knowledge of insurance. This programme equips students for risk manager roles which have a strong emphasis on the management of major portfolio of insurances.

The public sector has seen strong growth in the number of risk management roles. The programme develops students for risk management roles in local authority risk departments and in health and social care.

The broad scope of this 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.

Professional affiliations: Institute of Risk Management (IRM), Chartered Insurance Institute (CII). An increase in investment in public and private sectors is predicted. Organisations of all types and sizes and in all areas of the world are likely to increase investment in most areas of risk management over the coming years.