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.
The human race is entirely dependent on the ecosystems that feed us, regulate our environment and recycle our wastes. They provide all we need to survive and thrive. Over the past 100 years, humans have changed ecosystems more rapidly and extensively than in any comparable period in history. There have been net gains in human well-being and economic development, but these gains have been achieved at growing cost in the form of environmental degradation, loss of biodiversity and depletion of natural capital.
Many options exist to reverse ecosystem degradation, but an understanding of the ecological systems and science is just a starting point. Understanding how the science interacts with policies, institutions, and practices is vital to achieve real change.
The Environmental Resource Management* option is designed to provide students with a thorough understanding of how ecological principles can be applied to the management and conservation of natural resources and ecosystems, as well as practical skills and techniques.
Throughout the option emphasis is placed on how best to inform management and conservation decisions using tools that range from geographical mapping software and biodiversity appraisal to life cycle analysis. The important influence of institutional arrangements and economic forces on resource use and management decisions is also a key theme.
Practical applications of ecological, institutional and economic concepts are illustrated by case studies, practical sessions, seminars and workshops. These are augmented by field trips and frequent contact with outside organisations responsible for environmental management. The option draws on a wide range of speakers with first-hand experience of environmental and ecological management in both the developed and developing world.
Students graduating from this option will be well placed to make informed decisions relating to real-world problems and able to identify and evaluate practical management options.
To equip students with the interdisciplinary knowledge and skills to embark on a career in natural resource management and to engage and interact with professionals in these disciplines.
Four main themes run through the option:
Theme 1: Understanding natural resource systems and human interactions
Explores renewable resource systems that are critical to human survival, ecosystem functioning and conservation. Focussing on specific examples we examine how these systems function and investigate the scientific, policy and practical issues involved in their management. Dedicated lectures and case studies include fisheries management, sustainable agriculture, conservation and management of wildlife populations.
Theme 2: Management tools and applications
Introduces and provides practical experience of some of the key tools and techniques used by environmental management professionals, including life cycle assessment, GIS, participatory appraisal and citizen science. Applications of these tools include gathering data, structuring and analysing problems, and communicate insights.
Theme 3: Policy, Assessment and Law
Informing the design of better policy is the objective of a great deal of research in understanding ecosystem processes and responses. Many conservation and resource management initiatives are also underpinned or impeded by legislation. This theme examines the interaction between policy processes, the legal system and conservation objectives. Key aspects of the national, European and international legal system and the role played by international law in the protection of the environment are identified. Regulatory instruments including Environmental Impact Assessment and Strategic Environmental Assessment are also examined.
Theme 4: Management in Practice
Based around the fieldtrips and case-studies provided by external speakers and ecological management professional, this theme provides an opportunity to engage with professional working in the field and better understand what happens when theory and ideology meets practical barriers and resource constraints. Visits include forest management; farming and wildlife management, heathland management, ancient woodland and grazed pasture, ecosystem rehabilitation and wetland creation. Though these visits we explore the role of wildlife trusts in local conservation, the role of volunteers in managing sites of scientific interest, and the role of estate management in sustainable agriculture.
The Environmental Resource Management option (formerly called Ecological Management) has been running since 1978 and has more than 480 Alumni that can be found throughout all levels of Government, Industry, International agencies, Consultancy and NGOs.
Graduates are excellently placed to gain employment in a wide range of organizations dealing with natural resources, conservation and international development. Over 80% of graduates gain employment in the environmental field within months of graduating.
Common destinations include consultancy, NGOs, international organisations and government. Recent destinations include:
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.
The MSc in International Management will develop you as a future manager and leader who can do business across time zones, cultures and languages and in global and diverse contexts. The course provides a solid grounding in key areas of business and management practice.
This course will provide you with a thorough understanding of business and management practice in an international context. You will cover a wide range of stimulating core modules, and then have the option to focus in more detail on areas that interest you.
Recent core modules have covered topics including management research methods, international financial management, human resource management, managing ethics and professional issues, and international economic environment and marketing. Optional modules may focus on cross-cultural management, modern technology marketing, brand and brands management, retail marketing and entrepreneurship.
The course attracts graduates from a wide range of countries, thus making for an excellent cross-cultural mix in learning and teaching sessions. All students on the course are registered as affiliate members of the Chartered Management Institute.
During this course you will develop your understanding of the theory and practice of different research methods, both quantitative and qualitative, in business. You will learn to assess how the external business environment will affect your business, and develop strategies for responding to this. You will cover the key theories that underpin financial decisions in an international business.
The business environment is very much international these days, which makes global and intercultural working a reality. Businesses need to be effective at managing people from an international perspective, and during this course you will look at organisational behaviour and human resources management with a focus on the continuous change and the increasing globalisation of business and management practice.
As an MSc student, you will also be required to complete a dissertation which will allow you to apply all the understanding, knowledge, analytical and conceptual tools that you have gained from your modules.
Students will also have the option to take a module of their choice which might focus on human resources, finance, project management or marketing.
Compulsory module for MSc students only
A generalist career in international organisations, more specialist employment in the finance, marketing and human resources management (HRM) sectors globally and further academic studies, eg, a PhD on an international management topic.