Operational Research, Applied Statistics and Financial Risk, M.Sc.

  • N/A
    Application Deadline
  • 12 months
    Duration
  • Tuition
    18980
    Tuition (Year)
    8500
    Tuition (Year)
  • English (take IELTS)
    Language
,
Designed to equip you with the necessary analytical skills, methods and ways of thinking to tackle and analyse complex organisational problems, help make better decisions and to become confident statistical analysts.
  • Overview
  • Programme outline
  • Key facts
  • Admission requirements
  • Fees and funding

About

The MSc in Operational Research, Applied Statistics and Financial Risk aims to equip you with the necessary analytical skills, methods and ways of thinking to tackle and analyse complex organisational problems, help make better decisions, and to become confident statistical analysts.

This course is ideal training for those who wish to study, in greater depth, risk models, particularly for application to financial markets but also to other sectors.

You will undertake case studies and project work which will give you the opportunity to put your skills into practice and provides valuable experience of working in the field. The dissertation project, typically undertaken with an industrial partner, will allow you to work with complex data in a creative manner and a problem-solving environment, as well as to communicate your ideas and findings effectively.

Accreditation

Officially accredited/recognized by the Privy Council, Cardiff University (CU) is a very large (enrollment range: 30,000-34,999 students) coeducational higher education institution. Cardiff University (CU) offers courses and programs leading to officialy recognized higher education degrees such as bachelor degrees, master degrees, doctorate degrees in several areas of study. 

Programme Structure

Courses include:

  • Operational Research Methods
  • Statistical Methods
  • Communication and Research Skills
  • Computational Methods
  • Business and Risk Strategy
  • Financial Mathematics and Modern Actuarial Risk Theory
  • Credit Risk Scoring

Detailed Programme Facts

  • Full-time duration 12 months
  • Study intensity Part-time, Full-time
    • Intensity Flexible
    • Duration part-time 36 months
    • Part-time variant
      Flexible
  • Credits
    180 ECTS
    You will take 110 credits of core modules and 10 credits of optional modules in the taught component of the programme. This is followed by a 60 credit summer project.
  • Languages
    • English
  • Delivery mode
    On Campus

Test Scores

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Academic Requirements

  • A first degree (minimum second class honours) from a recognised university in a numerate subject such as Mathematics, Operational Research, Statistics, Management Science, Economics, Engineering, Computer Science, Geography or a suitable Science degree.
  • Applicants whose first language is not English will be required to demonstrate proficiency in the English language (IELTS 6.5 or equivalent). Please see our English Language Requirements guidance for more details.

Tuition Fee Per Year

  • GBP 18980 International
  • GBP 8500 EU/EEA

Part-time: 

  • EEA: £4,250;
  •  Non-EEA: £12,740
  • part-time: fees payable in years one and two only

Funding

The UK's seven Research Councils offer government funding directly to research organisations – including Cardiff University – for UK and EU postgraduate students.


StudyPortals Tip: Students can search online for independent or external scholarships Students can that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

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