University of Liverpool

University of Liverpool

Risk and Uncertainty

The course aims to provide students with both qualitative and quantitative tools for structuring problems, describing uncertainty, assessing risks, and reaching decisions; it provides an opportunity for training professionals and graduates who are able to communicate across the boundaries of traditional disciplines, such as architecture, computer science, engineering, environmental sciences, finance, law, management, mathematics, psychology and social sciences. Those trained in this way will be able not only to enumerate the risks associated with a particular activity or process, but also to express clearly the meaning of the risk to the general public and decision-makers. As such, they will be able to cross the traditional divide between mathematical intricacy and explanation in natural language.

Entry requirements

Normally the minimum entry requirement is a UK 2.1 honours degree or equivalent in a related subject from an accepted university or other institute of higher education. Students graduating from a UK university with a 2.2 (min. 55%) will be considered on a case by case basis.

Course modules

Modules include: Quantitative and qualitative perspectives of risk; risk and uncertainty: probability theory; risk and uncertainty: numerical applications; research skills and project planning; applied research project; assessment, mitigation and communication of risk; design of safety critical systems and computational inference; probabilities essential for financial calculus; stochastic modelling in finance; portfolio management; financial risk management; human impacts on the environment; geographical information systems; introduction to project management; project risk management; software engineering and programming; information theory and coding; privacy and security; safety and dependability; research methods and statistics; advanced statistics and methods.

Qualifications

Qualification Study mode Start month Fee Course duration
MSc Full-time September 2017 GBP 6,000 per Whole course (EU) 1 years
MSc Full-time September 2017 GBP 6,000 per Whole course (England) 1 years
MSc Full-time September 2017 GBP 13,950 per Whole course (International) 1 years
MSc Full-time September 2017 GBP 6,000 per Whole course (Northern Ireland) 1 years
MSc Full-time September 2017 GBP 6,000 per Whole course (Scotland) 1 years
MSc Full-time September 2017 GBP 6,000 per Whole course (Wales) 1 years

Campus details

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Key information

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School of Engineering
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