University of Edinburgh

University of Edinburgh

Operational Research with Risk

This programme shows students how to use mathematical techniques to tackle real-life problems ranging from scheduling flights and routing mobile phone calls to managing investments and minimising risks; risk analysis deals with the assessment and management of risk from unlikely but costly or distressing events.

Entry requirements

A 1st or 2.1 Honours degree or equivalent in a numerate discipline e.g. mathematics, engineering, computer science, physical or biological sciences, economics or business; applicants whose 1st language is not English require: IELTS 6.5 (with at least 6.0 in each module); TOEFL internet-based test 92 (with at least 20 in each module); PTE 61 (with at least 56 in each of the communicative skills sections); or CPE grade C or CAE grade B.

Course modules

Core modules include: computing for OR and finance; fundamentals of optimisation; fundamentals of OR; methodology, modelling and consulting skills; probability and statistics; simulation; stochastic modelling. Optional modules include: credit scoring and data mining; financial risk management; stochastic optimization; the analysis of survival data; statistical modelling; risk analysis.

Assessment methods

Dissertation.

Sponsorship information

One postgraduate scholarship of 1,500 per annum is available each year to supplement a more substantial award for an outstanding postgraduate student in Operational Research.

Qualifications

Qualification Study mode Start month Fee Course duration
MSc Full-time September 2016 GBP 10,200 per Year 1 (Scotland) 1 years
MSc Full-time September 2016 GBP 10,200 per Year 1 (Wales) 1 years
MSc Full-time September 2016 GBP 10,200 per Year 1 (England) 1 years
MSc Full-time September 2016 GBP 19,000 per Year 1 (International) 1 years
MSc Full-time September 2016 GBP 10,200 per Year 1 (Northern Ireland) 1 years
MSc Part-time September 2016 GBP 5,100 per Year 1 (England) 2 years
MSc Part-time September 2016 GBP 9,500 per Year 1 (International) 2 years
MSc Part-time September 2016 GBP 5,100 per Year 1 (Northern Ireland) 2 years
MSc Part-time September 2016 GBP 5,100 per Year 1 (Scotland) 2 years
MSc Part-time September 2016 GBP 5,100 per Year 1 (Wales) 2 years
PgDip Full-time September 2016 GBP 10,200 per Year 1 (Northern Ireland) 9 months
PgDip Full-time September 2016 GBP 10,200 per Year 1 (Scotland) 9 months
PgDip Full-time September 2016 GBP 10,200 per Year 1 (Wales) 9 months
PgDip Full-time September 2016 GBP 10,200 per Year 1 (England) 9 months
PgDip Full-time September 2016 GBP 19,000 per Year 1 (International) 9 months

Campus details

Campus name Town Postcode Region Main campus Campus Partner
University of Edinburgh Edinburgh EH8 9JU Scotland

Get in touch

Remember to mention TARGETpostgrad when contacting universities.

Key information

Contact: 
Programme Administrator
Telephone number: 
0131 651 7761