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Risk Management MSc

The course is accredited by the Institute of Risk Management and you can also earn exemptions from their professional examinations

Chat with us online at our Postgraduate Online Chat on Wednesday 16 December Book now

Overview

Reasons to study Risk Management at DMU:

Risk management is relevant to all aspects of industry, commerce, consultancy and the public sector. Over the past couple of years there has been a strong realisation that risk needs to be managed and not avoided, which in turn has a major impact on organisational strategy. To this end, this course has been designed for those wanting to have a career in Risk Management as well as professionals from a variety of sectors who are interested in strengthening their careers in risk management. This includes but is not limited to: accountants, project managers, insurers, chartered surveyors, health care professionals, lawyers, bankers, auditors, health and safety professionals and engineers.  and recognises the interdisciplinary nature of the subject.

 

  • Association of Insurance and Risk Management
    The course is accredited by the Institute of Risk Management and you can also earn exemptions from their professional examinations
  • Gain practical experience
    You could complete a 12-week project based in a UK company or organisation. This internship will improve your employability. You will take part in a web-based business simulation exercise which is designed to integrate your studies

Scholarships

At DMU, we are committed to helping our graduates enhance their careers and personal development through further study.

Postgraduate Alumni Scholarship
Find out more about our Postgraduate Alumni Scholarship, offering up to 30% off tuition fees for DMU alumni.

DMU Global High Flyers Award
The DMU Global High Flyers Award offers students a discount of up to £1,000 towards a DMU Global opportunity (subject to terms and conditions).

DMU Sports Scholarship
Find out more about the DMU Sports Scholarships worth up to £6,000.

International Scholarships
Find out about available scholarships and country specific fee discounts for international students.

 

More courses like this:

International Finance and Investment MSc
International Banking and Finance MSc
MBA Global

 

  • UK/EU
  • International

Key facts for UK/EU students

Institution code: D26

Programme code(s): 
12 months: N29071

Duration: One year full-time, two years part time

Start dates: 
September 2021

Location of study: Faculty of Business and Law, Hugh Aston Building

Fees and funding: 

For 2021/22 tuition fees for UK/EU students will be: £7,700

Find out more about course fees and available funding.

Find out more about the Vice-Chancellor's Sports Scholarships worth up to £6,000.

Find out more about additional costs and optional extras associated with this course.

Contact us: For more information complete our online enquiry form or call us on +44 (0)116 2 50 60 70.

Key facts for international students

Institution code: D26

Programme code(s): 
12 months: N29071

Duration: One year full-time, two years part time

Start dates: 
September 2021

Location of study: Faculty of Business and Law, Hugh Aston Building 

Fees and funding: 

For 2021/22 tuition fees for international students will be: £14,600

Find out more about course fees and available funding.

Find out more about the Vice-Chancellor's Sports Scholarships worth up to £6,000.

Find out more about additional costs and optional extras associated with this course.

Contact us: For more information complete our online enquiry form or call us on +44 (0)116 2 50 60 70.

Entry criteria

Entry criteria

Applicants will normally hold an undergraduate degree in any subject with a minimum pass of 2:2, or equivalent overseas qualification.

English Language requirements

If English is not your first language, an IELTS score of 6.0 (including a minimum of 5.5 in each component) or equivalent is normally required.

English language tuition is available at DMU both before and during the course, if required.

Structure and assessment

 

Course modules

Teaching and assessment

Accreditation

 

Course modules

Project Management - considers the scope and definition of a project, its significance as an instrument of change and the roles and responsibilities of people within it. Organisational issues are explored and the application of a range of project management tools is critically evaluated for the execution, management and control of project management throughout all its phases.

Risk Management 1 - Provides you with a thematic study of risk management within an interdisciplinary context. You will evaluate the influences on the risk management process, including identification of risk in different scenarios.

Risk Management 2 – is an extension of Risk Management 1, and builds upon your work covered in that module. It provides you with an overview of risk analysis / assessment, including risk management strategies and containment. It covers a broad-spectrum of corporate governance and risk regulations.

Business Continuity and Crisis Management – exposes participants to a historical and contemporary understanding of business continuity management and crisis management theory and practice that fit within broader strategic imperatives.

Enhancing Business, Management and Employability Skills is designed to develop your employability skills and introduce you to postgraduate study skills, such as academic writing, referencing, critical and reflective thinking. It’s designed to enhance your professional development and identity, and transferable skills such as: self-management, building and leading teams, negotiation, power and organisational politics skills, and problem-solving. During the module, you’ll focus on the change and development in organisations, people skills, and managing change. You’ll also be introduced to key skills required for interpreting financial information and handling statistical data. 

Research Methodology gain a broad understanding of research methods used in business and management, especially the main epistemological issues and debates related to research in the field. This module is designed to help prepare you for a Dissertation or Business Research Project. You’ll review research design, paradigms and ethics, including the broader ethical impact of research. You’ll also learn about the wide range of quantitative and qualitative methods for data collection and analysis that are commonly used both in academic research and in the practical business environment.

Assurance and Risk introduces you to the nature, purpose and scope of internal control audit processes within business organisations as tools to reduce business risks. You’ll analyse accounting and internal control risks and systems. As well as evaluating control risks and procedures necessary to mitigate such risks.

Elective taught modules may include:

International Finance

• Global Supply Chain Management

 

• Strategic and Financial Decision Making

• Governance and Social Responsibility

During the final semester you will complete a:

Dissertation: provides an invaluable opportunity to work in depth on a particular aspect of an international business and entrepreneurship topic of your choice. The topics of the dissertation are chosen in line with your interests and preferences, but mainly look at application of management theory to small firms.

OR

Business Research Project (BRP): is an individual enterprise consultancy project that serves as a commercially and employability relevant experience. The BRP is a live project where you gain a guaranteed business consultancy experience and are able to use your learned skills to make a genuine impact and benefit for a company.

 

Note: All modules are subject to change in order to keep content current.

Teaching and assessment

Teaching will be delivered through formal lectures, informal seminars, tutorials, workshops, discussions, visiting speakers and e-learning resources. Assessment is usually a combination of individual and group work, presentations, essays, reports and projects.

You will also take part in a business simulation exercise throughout your first semester, which will integrate the different elements of the programme.

Teaching contact hours

Full-time option

For the full time option you should be prepared to devote approximately 38 hours a week to your studies. You will typically have up to 14 hours contact hours of teaching most weeks for semester 1 and 2. Teaching is through a mix of lecturers, tutorials, seminars and lab sessions and the breakdown of these activities is shown in each module description.

In addition each module provides a 2 hour surgery each week available for individual consultation with the lecturer. You may also have some scheduled meetings with your programme leader, personal tutor, and/or careers throughout the year to discuss your academic progress and personal development.

Self-directed study: In order to prepare for, and assimilate, the work in lectures and seminars you will be expected to make regular use of our on-line resources, participate in classroom discussions including on our virtual learning environment (VLE) and engage in personal study, revision and reflection for approximately 24 hours per work during semester 1 and 2.

In semester 3, you will undertake independent research for your dissertation (or In-company project), and again should typically allow around 38 hours per week for this. You will be allocated a dedicated academic supervisor to support you, who you will be able to contact on a regular basis.

Part-time option

For the part time option you should be prepared to devote approximately 19 hours a week to your studies. You will typically have up to 7 hours contact hours of teaching most weeks. Teaching is through a mix of lecturers, tutorials, seminars and lab sessions and the breakdown of these activities is shown in each module description.

In addition each module provides a surgery hour each week available for individual consultation with the lecturer. You may also have some scheduled meetings with your programme leader, personal tutor, and/or careers throughout the year to discuss your academic progress and personal development.

Self-directed study: In order to prepare for, and assimilate, the work in lectures and seminars you will be expected to make regular use of our on-line resources, participate in classroom discussions including on our virtual learning environment (VLE) and engage in personal study, revision and reflection for approximately 12 hours per work during teaching weeks

Once you have completed all the taught modules, you will then undertake independent research for your dissertation (or In-company project), and should typically allow around 19 hours per week for this. You will be allocated a dedicated academic supervisor to support you, who you will be able to contact on a regular basis.

Accreditation

Graduates from this programme can join the Association of Insurance and Risk Management and the Institute of Risk Management as an affiliate and can access online resources free of charge.

Facilities and features

Hugh Aston Building

You will have access to our purpose-built Hugh Aston Building, equipped with lecture theatres and classrooms, break-out spaces for group work, quiet study zones for individual work and IT labs. Wherever possible, students will be given home access to specialist software.

You’ll also have access to the building’s new £5.5 million extension called The Yard, which provides more than 22,000 square metres of extra space. This is designed to facilitate your learning experience with large and airy breakout spaces, a new Student Advice Centre, and a balcony on the top floor overlooking our beautiful campus. The Yard also features more comfortable classrooms and self-study spaces, allowing you to carry out independent study as well as group work.

Library services

On campus, the main Kimberlin Library offers a space where you can work, study and access a vast range of print materials, with computer stations, laptops, plasma screens and assistive technology also available. 

As well as providing a physical space in which to work, we offer online tools to support your studies, and our extensive online collection of resources accessible from our Library website, e-books, specialised databases and electronic journals and films which can be remotely accessed from anywhere you choose. 

We will support you to confidently use a huge range of learning technologies, including Blackboard, Collaborate Ultra, DMU Replay, MS Teams, Turnitin and more. Alongside this, you can access LinkedIn Learning and learn how to use Microsoft 365, and study support software such as mind mapping and note-taking through our new Digital Student Skills Hub. 

The library staff offer additional support to students, including help with academic writing, research strategies, literature searching, reference management and assistive technology. There is also a ‘Just Ask’ service for help and advice, live LibChat, online workshops, tutorials and drop-ins available from our Learning Services, and weekly library live chat sessions that give you the chance to ask the library teams for help.

Learning zones

Our Learning Zones and The Greenhouse also provide space for group or individual work and study.

There are 1,600 study places across all library locations, more than 700 computer stations, laptops to borrow, free wi-fi and desktop power outlets.

You can also book rooms with plasma screens, laptops and DVD facilities for group work and presentations, secure an individual study room with adjustable lighting or make use of our assistive technology.

Opportunities and careers

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#DMUglobal

This is our innovative international experience programme which aims to enrich your studies and expand your cultural horizons – helping you to become a global graduate, equipped to meet the needs of employers across the world.

Through DMU Global, we offer a wide range of opportunities including on-campus and UK activities, overseas study, internships, faculty-led field trips and volunteering, as well as Erasmus+ and international exchanges.

While overseas DMU Global opportunities are not currently possible, DMU will continue to review government advice and if travel is permitted, we hope to offer a small number of extra-curricular opportunities in the summer of 2021. 

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Graduate careers

Careers in ‘risk management’ are likely to remain relatively buoyant as an employment option.

This is because as the world becomes ever more unpredictable and unstable, in business terms, the demand for risk managers is likely to be ongoing.

This is also added to by the increased amount of ‘risk regulation’.

DMU Open Evenings

The perfect way to find out more about DMU is to attend one of our postgraduate open events.

Here, you can speak with course academics and current students, discuss fees, learn about your career prospects and tour the campus.

Book now

Order a prospectus

Our prospectus will give you a clearer idea of what it's like to live and study at DMU and a snapshot of the courses we offer.

Order your copy

How to apply

We welcome applications from students with a wide range of qualifications and experience.

Find out more

More about your DMU

50% off selected PG courses
Open evenings
Online chats
Research at DMU
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50% off selected PG courses

If you’ve completed an undergraduate degree at DMU, then you can benefit from a tuition fee discount of up to 50 per cent on our postgraduate courses. The discount is available on selected full-time, part-time and distance learning postgraduate courses running across multiple start dates. 

The discount, based on academic achievement and merit, applies automatically to all DMU UK and EU students who are graduating this year or have graduated within the past two years and achieved a 2:1 (or equivalent) or above. Learn more here.

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Open Evenings

The best way to find out more about DMU is to attend one of our postgraduate events. You can also check out our postgraduate live stream schedule for programme-specific talks to find out how our courses can enhance your knowledge and benefit your career path.

These events are a chance to learn more about our extensive careers and employability support, as well as fees and funding opportunities such as scholarships. They're also an opportunity to speak with current students and academics to really get a feel for studying your course. You can also take a tour of our beautiful campus and facilities from the comfort of home via our Virtual Open Day.

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Online chats

Chat with our current students and staff advisers online and have your questions answered. Our team will be available to advise you on anything from information on the current postgraduate courses we offer, scholarships, fees and funding, campus facilities, and life in Leicester. View our upcoming PG Online Chat events.

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Research at DMU

De Montfort University (DMU)’s growing reputation for research which benefits society has been confirmed with the publication of the REF 2014 results. Find out more.

 
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Discover DMU

Take a look around DMU by exploring our Virtual Open Day.