Online MSc in Risk Management

GCU - Glasgow School for Business and Society

Program Description

Online MSc in Risk Management

GCU - Glasgow School for Business and Society

Accredited by: CII IRM

The global business environment is more complex and interconnected than ever before. Major shifts can happen in a day. The pace of change keeps increasing.

The MSc Risk Management at GCU is designed for today - and industry recognises this. Double-accredited by the Chartered Insurance Institute (CII) and the Institute of Risk Management (IRM), the MSc Risk Management is available in both Glasgow and London.

As a student, you'll gain the cutting-edge knowledge and practical skill set to navigate the complexities and challenges of risk management in today's world.

  • Build skills in establishing risk policy and structures
  • Master the design and review processes for risk management
  • Practise building processes for risk response
  • Learn how to develop contingency and business continuity programmes

GCU is a global leader in risk management education and research. Our experts pursue high-impact research and investigate real-world problems in risk management. For example, we conducted a recent government-funded study assessing the risks associated with private finance in the construction industry and produced a recent report on the risks associated with e-commerce.

Our staff publish on subjects like insurance risk regulation, occupational health and safety, healthcare risk management, financial risk management and more - contributing to public knowledge and the common good.

In our thriving GCU community, we encourage every student and graduate to help build the common good as well. That means exploring ways to make a positive impact, whatever you do, wherever you go.

Your career

Our graduates are highly competitive candidates for job opportunities in the UK and across the world. Graduates find successful roles in risk management, risk analysis, risk co-ordination, insurance and business continuity management and more in a wide range of industry sectors including banking, insurance, consultancy, oil and gas, transport, and construction.

What you will study

Enterprise Risk and Modelling

You will gain an understanding of the theory involved in contemporary risk management processes and practices. Providing you with an understanding of the building techniques required to assemble a risk analysis model.

Global Perspectives on Risk

You will learn how to critically analyse a wide range of risks, including managerial, cultural, political, ethical and economic factors impacting on international businesses. You will also evaluate a range of risk management strategies and tactics available to international businesses.

Risk Financing and Insurance

You will learn the basic principles of risk finance, examine insurance theory and undertake a critical evaluation of insurance practice. Alternative risk financing methods such as options, futures, swaps and securitisation will also be analysed.

Business Continuity and Crisis Management

You will examine the relationship between risk management and business continuity management, study the key drivers of Business Continuity and the strategies involved when an organisation faces a crisis situation.

Ethics and Corporate Governance

This module explores the key issues in corporate governance and the extent to which the arrangements currently in place secure corporate accountability.

Personal and Professional Development

Enables you to identify, understand, develop and articulate your personal abilities in the context of your future career aspirations.

Research Methods

This module develops advanced skills related to a range of research methods needed for academic and practical research at Masters level.


The final element of the programme is the dissertation, which provides you with an opportunity to design and undertake a piece of research in a selective area of risk management.

Entry requirements

All entry requirements listed here should be used as a guide and represent the minimum required to be considered for entry. Applicants who are made a conditional offer of a place may be asked to achieve more than is stated.

Typical entry requirements

UK Honours degree 2:2 or equivalent

English language

Academic IELTS score of 6.0 (or equivalent) with no element below 5.5.

Please note: if you are from a majority English speaking country, you may not be required to provide further proof of your English Language proficiency.

Additional information

Other academic and vocational qualifications

Each application to GCU is considered on an individual basis. If you do not have the typical academic entry qualifications, but can demonstrate relevant work experience and/or credits from recognised professional bodies, you may be eligible to enter this course via the University's Recognition of Prior Learning scheme.

International pathways

If you do not meet the English language requirements, you may be eligible for the English for University Study programme.

Fees and funding

The tuition fees you pay are mostly determined by your fee status. What is my student fee status?

Tuition fees 2018/19

  • Home: £5500
  • RUK: £5500
  • EU: £5500
  • International: £12600

If you commence your studies in September 2018 or January 2019, these are the annual or module fees that apply to the duration of your course; however, fees are subject to change. For full details on how fees may change read our fees and refund policy.

Additional costs

In addition to course tuition fees, you may encounter additional costs during your time at University.


We provide high-quality education for a fair price; as the University for the Common Good, we are committed to offering accessible higher education for talented students by keeping our tuition fees low and providing a generous scholarship package of over £2.5 million per year.

If you have any questions or enquiries regarding scholarships available for 2018/19, please feel free to contact the student enquiries team.

International student start dates

For new international students, orientation events start on 15 September 2017. This extra time is specifically designed to assist new international students in settling into the UK and GCU before the start of general student induction and teaching.

There will be a whole host of fun and informative activities taking place during this period, including campus and city tours, as well as welcome events where you can meet other international students.

Professional Accreditation

Accredited by the Chartered Insurance Institute (CII) and the Institute of Risk Management (IRM), this programme is designed to provide you with the skills to excel in a role as a risk manager, risk and insurance manager or risk analyst or clinical risk manager within a variety of organisations and sectors.

Teaching Methods

Assessment will be continuous through a combination of formative and summative assessment. Assessment is by a variety of means such as case studies, portfolios, essays and reports.

This school offers programs in:
  • English

Last updated February 8, 2018
Duration & Price
This course is Online
Start Date
Start date
Sept. 17, 2018
1 year
Full time
5,500 GBP
United Kingdom - Glasgow, Scotland
Start date: Sept. 17, 2018
Application deadline Request Info
End date Request Info
Sept. 17, 2018
United Kingdom - Glasgow, Scotland
Application deadline Request Info
End date Request Info
Home, RUK and EU students; £12600 International students