One of our flagship programmes with a leading world-class reputation for over 10 years and the first one in the UK to be accredited by the Global Association of Risk Professionals (GARP).
The financial system has undergone major restructuring in preparation for the new regulatory frameworks, affecting existing roles and creating different skillset requirements within risk management divisions of financial institutions.
This programme is tailored to the needs of the rapidly changing financial markets, providing graduates with an insight into the new innovations in the area of risk management. Through its long-term academic partnerships and accreditations by leading professional bodies, the MSc Financial Risk Management offers a cutting edge learning experience, aligning research excellence and current market intelligence.
The graduates benefit from exemptions to certain professional certifications from leading professional bodies worldwide. Click the ‘Careers & professional accreditation’ tab on the right for more information.
The MSc Financial Risk Management is accredited by the Global Association of Risk Professionals (GARP). The degree syllabus is enhanced with the most up to date professional practices in the area of risk management, integrating applied academic knowledge to industry needs and providing a competitive advantage to the graduates. Integral to the academic course is the parallel study of the GARP FRM Part I certificate. Upon successful completion of their degree, students will be registered to take the FRM Part I examination.
October – December: Part 1 Autumn Term
January: Part 1 Exams
January-April: Part 2 Spring Term
May – June: Part 2 Exams
June – August (12 month programme only): Part 3
August/Sep (12 month programme only): Part 3 Coursework deadlines
Part 1 compulsory modules
Part 2 compulsory modules
Part 2 optional modules
Students on the 9-month (12-month) programme can select 40 (20) credits from the following modules:
Part 3 optional modules
Students on the 12-months programme should take 20 credits from the following:
Full-time: 9 months Full-time: 12 months
Students will be resident and undertake full-time study in the UK. Under both, the 9 and 12-month programmes students take compulsory and/or elective modules in Part 2.
The 12 month option involves taking an elective 20 credit module between July and August, which would also mean a 20 credit reduction in the number of taught modules taken in the spring term.
After completion of this programme, students are well-prepared to follow a career in the challenging fields of risk management, or risk analysis with banks, regulators, portfolio managers, corporate treasuries, risk management software houses, specialist financial boutiques and hedge funds. Regulators, governments, advisors and commentators are unanimously endorsing the call for more and better qualified risk managers and analysts to join the financial industry.
Global Association of Risk Professionals (GARP)
MSc Financial Risk Management is accredited by GARP and the degree syllabus is enhanced with the most up to date professional practices in the area of risk management, integrating applied academic knowledge to industry needs and providing a competitive advantage to the graduates. Integral to the academic course is the parallel study of the GARP FRM Part I certificate. Upon successful completion of their degree, students will be registered to take the FRM Part I examination.
Professional Risk Managers’ Association (PRMIA)
ICMA Centre MSc Financial Risk Management students are eligible for exemption from Exams I and II of PRM Certification. In addition MSc FRM students are provided with assistance to take PRM Exams III and IV.
The ICMA Centre is a Chartered Institute of Securities and Investment (CISI) Centre of Excellence. Centres of Excellence are a select group of UK universities, recognised by the CISI as offering leadership in academic education on financial markets. Students who are on a financially-related masters course recognised by the CISI are eligible for exemptions and membership.
ICMA Centre students who register and successfully complete two CISI Diploma in Capital Markets modules (Securities and Bonds & Fixed Interest Markets) are eligible for an exemption from the third module (Financial Markets).
The Advanced Software Engineering with Management MSc is an advanced study pathway that aims to provide computer graduates with a thorough understanding of the role of IT in business, and how information systems impact on trade and organisational processes. The course also introduces core management theories and essential problem-solving skills in preparation for senior roles in the IT industry.
The Advanced Software Engineering with Management MSc course focuses on innovative techniques for the development of software systems, with an emphasis on the construction and management of internet-oriented, agent-oriented and large software systems. You will develop your expertise and skills in software engineering, preparing you for a career in software engineering, software maintenance and software testing. The programme will also equip you with essential research, analytical and critical thinking skills.
The course is made up of optional and required modules, and you will complete the course in one year, studying September to September. You must take modules totalling 180 credits to meet the requirements of the qualification, and 60 credits will come from an individual project of 15000 words. You will also participate in a group project that will provide you with invaluable experience of working in a team to design, implement and document a substantial software product.
For graduates with substantial experience of computer science, this programme will develop your expertise and skills in software engineering, preparing you for a career in software engineering, software maintenance and software testing. Research for your individual project will provide valuable preparation for a career in research or industry.
We use lectures, seminars and group tutorials to deliver most of the modules on the programme. You will also be expected to undertake a significant amount of independent study.
The primary method of assessment for this course is a combination of written examinations, essays, coursework and individual or group projects and oral presentations.
The majority of learning for this degree takes place at the Strand Campus, with occasional lectures and practical sessions taking place at the Waterloo Campus. Please note that locations are determined by where each module is taught and may vary depending on the optional modules you select.
Our graduates have continued on to have very successful careers working for software consultancy companies, specialised software development businesses and the IT departments of large institutions (financial, telecommunications and public sector). Recent employers include Ernst & Young, Accenture and M-Netics. While some of our graduates have entered into the field of academic and industrial research in areas such as software engineering, algorithms and computer networks.
Our MSc in Finance and Management is an intensive postgraduate course which aims to fuse knowledge and empirical skills from the complementary areas of finance and management.
Studying postgraduate Finance and Management you will develop an in-depth understanding of finance and investment, coupled with management theory and practice strategic management and the business environment. Much of our teaching has significant relevance to the broader business industry.
During two semesters you will gain a thorough grounding in the key aspects of finance and management. In summary, you will learn about:
Finally, during semesters two and three, you have the opportunity to complete a Masters dissertation which will involve you in planning and implementing a research study on an approved topic within the area of finance and management. This provides an ideal opportunity to personalise your study programme reflecting your own interests and career aspirations. There is an alternative MSc programme in the finance area with a different specialisation MSc Finance and Investment. This programme provides a common core of underlying financial knowledge and skills but also elements that are subject-specific according to the programme. Alternatively for those interested in management, there are a range of postgraduate programmes in this area offered by Lancashire Business School.
The course will allow you to apply latest thinking on financial and management to the analysis of the key problems being experienced by the world's major businesses and to develop the research skills necessary to tackle financial and business management problems and issues. Employability is central to the delivery of the MSc in Finance and Management and you will gain an understanding of the skills required to utilise world-leading SAP software within financial and management context and thereby enhancing your career prospects.
The course is delivered by the Division of Accounting and Finance at Lancashire School of Business and Enterprise, students will benefit from wide range of facilities aiding their learning and training including our dedicated SAP accounting computer lab and state of the art specialised trading information system terminal.
The MSc Finance and Management programme aims to provide you with a rigorous and challenging postgraduate education experience leading to the award of a Masters degree.
This intensive 12-month programme offers you a range of key benefits, each of which will contribute to your development into an effective professional or manager working in finance and management context.
The programme reflects the University's commitment to active education and involves you in a challenging and participative range of learning processes from day one. With a busy induction involving you in meeting with the staff team and your fellow students, exploring the learning resources available to you in the University and engaging in social activities, the programme expects you to discuss and debate the key issues, both in the subject itself and in the world of business itself. There will be many opportunities to examine what is actually happening in the business world around you as you progress through the programme.
Our International Business and Management Master's programme gives you the skills you need to unlock a wide range of global management opportunities.
You will develop a solid foundation of management knowledge, and a significant and detailed understanding of the issues that confront businesses operating on an international scale, such as:
The programme is flexible - optional modules allow you to tailor your studies to your personal career aspirations. A research method module gives you the tools you need to generate and analyse business intelligence, and you’ll be able to explore a topic of your choice in depth for the dissertation, under the supervision of an expert academic.
You’ll also have the opportunity to study abroad at our European partner institutions.
About our students
Find out about our MSc student cohort, broken down by nationality, age, and the level of award achieved.
We are proud to be in an elite group of business schools to hold the triple accreditations of Equis, AMBA and AACSB, often referred to as the "Triple Crown".
The Association of Chartered Certified Accountants (ACCA) accredit this programme. This means that, by successfully completing your degree, you are eligible for exemptions from some ACCA fundamental level examinations.
This programme is designed to provide you with a sound understanding of the conceptual and theoretical underpinnings in management as well as to reflect best practice and innovative thinking and research in international business education and practice. The Master's in International Business and Management focuses on exploring the international activities of firms.
The programme is summatively assessed by a mixture of written examinations, assessed coursework, case studies, group projects and multimedia presentations.
Assessment is integrated with learning and teaching to support and demonstrate achievement of the learning outcomes for individual modules and the programme as a whole. Emphasis is place on the feedback function of formative assessment as part of the learning, teaching and assessment strategy as a whole.
Our international business graduates are in high demand amongst multinational organisations and international consultancy firms. You'll also be able to establish or accelerate a career as a country or product manager.
The sectors and jobs that our MSc students achieve upon graduation vary depending on their previous experience and the pathway taken.
In terms of career progression it is useful to consider where alumni are three years after graduation. Looking at the data derived from the School’s ranking in the Financial Times Master’s in Management Rankings, on average 25% of graduates are in senior manager roles and 20% in junior management positions three years after graduation.
The University is committed to helping students develop and enhance employability and this is an integral part of many programmes. Specialist support is available throughout the course from Career and Employability Services including help to find part-time work while studying, placements, vacation work and graduate vacancies. Students are encouraged to access this support at an early stage and to use the extensive resources on the Careers website.
Discussing options with specialist advisers helps to clarify plans through exploring options and refining skills of job-hunting. In most of our programmes there is direct input by Career Development Advisers into the curriculum or through specially arranged workshops.
During your time studying at the Faculty of Management and Law you will have the opportunity to take part in our distinctive career booster programme throughout the duration of your course. The programme is designed to equip you with the necessary skills and graduate attributes to be job-ready when seeking employment with leading innovative organisations. The Career Booster Programme (PDF, 2.8 MB) offers you the opportunity to gain certificates in:
In addition, the programme will also include activities to promote teamwork, confidence, communication and many other skills sought by employers.
Developing a portfolio of Continuing Professional Development (CPD) Certificates will demonstrate to employers that you are not only ambitious but also take responsibility for your own professional development.
This programme offers a small number of students the opportunity to participate in a student exchange programme whereby they spend semester two (six months) studying at one or two of our collaborative institutions:
Students who participate in the exchange will take the distance learning version of the Research Methods module and other subject electives at the host institutions.
The philosophy of the Building Information Management course reflects the increasingly digital, multi-disciplinary and integrated nature of project delivery, influenced by the demand from governments and clients for greater efficiencies on construction projects. These efficiencies can be gained from more accurate prototyping, simulation, costing, planning, design, production and operation, and will be an output of sound information management and data input to Building Information Modelling (BIM) software.
The unique nature of Westminster's Building Information Management MSc is the focus on 'Management', which will create professionals who are able to manage the whole construction process and the information associated with this.
The future construction professional requires knowledge and understanding of building information management, as well as how an integrated project team will take a project from inception to completion. Collaborative working and co-ordinated information exchange will increase the efficiency of project delivery and asset performance, leading to better sustainability over the building lifecycle and a satisfied client. This building information management approach is a strategic view of integrated project delivery that encompasses both the demand side (client) and supply side (consultants, contractors and suppliers).
The Building Information Management MSc is mainly aimed at graduates who are already in construction-related employment and who aspire to senior positions in their field. The course aims to provide a challenging, stimulating and professionally relevant course of study which is directly related to the effective management of construction projects.
The course aims to offer learners flexible access to the core content, whilst still providing the discipline and structure of regular attendance at the University. This is achieved through the use of a 'blended learning' approach. The design of the part-time course recognises the significant challenges of combining postgraduate-level study with full-time professional employment.
The following modules are indicative of what you study on this course.
The course is accredited by the Royal Institution of Chartered Surveyors (RICS) and the Chartered Institute of Building (CIOB).
Many of our students have already started on a career path in the construction industry. Whether they are architects, interior designers, surveyors, engineers, construction managers or property developers, what they have in common is that they aspire to move to more senior management positions in the construction industry. Some wish to become Chartered Surveyor or Chartered Builders.
The Cranfield Procurement and Supply Chain Management MSc builds upon the world-renowned Cranfield Logistics and Supply Chain Management MSc, which is celebrating its 35th anniversary this year. The programme has been co-designed with senior procurement and supply chain professionals and is delivered by Europe's largest specialist supply chain management faculty. It will provide you with the specialist knowledge and skills that you need to further your career as a procurement and supply chain professional.
Cranfield School of Management was ranked 1st outside US and 11th globally in the Supply Chain Management World ‘University 100’ annual survey 2016, and 2nd in the Top 20 for Europe, the Middle East and Africa, for providing young people in this field with the skills and mix of expertise required to develop as supply chain leaders of the future.
More than just an academic institution, Cranfield School of Management’s world-class research, expertise and teaching result in practical management solutions that are transforming the world of business today. For 50 years, we have been working with leading companies across the globe, pursuing our mission to improve the practice of management.
Our aim is to develop procurement and supply chain professionals who can take the skills they develop on our programme and make a significant difference in the marketplace. Many of our faculty are regarded as leading experts in this area, combining excellent reputations for teaching with experience drawn from the commercial world. Our approach to teaching is designed to nurture your practical business skills and confidence, and places huge emphasis on real-world challenges.
You will gain an in-depth understanding of supply chain strategy and sustainability, procurement strategy, supplier selection and evaluation, negotiation and contract management, how to analyse and design effective supply chain operations, how to use data, models and software to solve problems and inform decisions, inventory and operations management, accounting, freight transport and project management.
Modules include a combination of interactive lectures, participative workshops, case studies and presentations from high-profile visiting speakers.
In addition to the modules, the individual thesis offers the opportunity to apply the knowledge and skills you have developed on the programme.
Our full-time faculty team work closely with our advisory board of senior logistics and procurement professionals from global organisations. Their experience and advice drives the continued development of our supply chain courses ensuring they are relevant for today’s global supply chain environment. Our faculty is also supported by a diverse team of international visiting industry speakers and professors.
Our Procurement and Supply Chain Management MSc is accredited by The Chartered Institute of Logistics and Transport and The Chartered Institute of Purchasing and Supply. Upon completion of this course, you will be eligible for full membership of both institutes.
Cranfield School of Management is also the first UK-based University to gain the European Logistics Association accreditation. Upon completion of the course, you will be eligible to apply for the designation cESLOG (European logistician), which is valid for five years.
The course comprises 12 modules comprised of 10 compulsory and two electives. Additionally, you select a further two elective modules, allowing you to tailor the course to suit your personal career plan. You will have the opportunity to attend a study tour, subject to additional cost. The culmination of the learning process is the individual thesis project.
The study tour is a unique opportunity to experience a supply chain perspective in a different economic region in Europe. You will gain first-hand experience of how supply strategies in the region are influenced by different pressures (both internal and external) and you will gain a rich understanding of the differences between supply chain practices. The tour normally takes place over three to four days. On your return you will have gained valuable insights and will appreciate the diverse nature of supply chain management.
Please note that the study tour is subject to additional costs.
You will undertake an empirical research project for your individual thesis, enabling you to apply the knowledge and skills you have learnt during the course. This provides the opportunity to work in an original way, and may involve undertaking a project with either an industrial sponsor or on a Cranfield led project, the topics of which cover a broad range of areas.
Taught modules 60%, individual project 40%
95% of School of Management students were employed within 3 months of graduation*.
The Cranfield Career Development Service offers a comprehensive service to help you develop a set of career management skills that will remain with you throughout your career.
During your course you will receive support and guidance to help you plan an effective strategy for your personal and professional development, whether you are looking to secure your first management role, or wanting take your career to the next level.
The Procurement and Supply Chain Management MSc will run for the first time in 2016/17. Cranfield MSc in Logistics and Supply Chain Management graduates have secured jobs with a diverse range of companies including Airbus, Tata Consultancy Services, Group Lotus, Adidas, Lidl, BMW Group, Toyota Motors, HelloFresh, KPMG, Kuehne & Nagel, Bentley, Saint Gobain, United Biscuits, Heineken, Eli Lilly UK, Unilever and Deutsche Bank. Their roles have included Buyer, Supply Chain Analyst, Logistics Manager, Demand Planner and Supply Chain Operations Manager.
*based on those students for whom we hold data, across all School of Management full-time master's courses (2015/16 cohort).