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M.Sc. On Campus

Operational Research and Risk Analysis

18 months
Duration
8600 HKD/credit 172000 HKD/year
8600 HKD/credit 172000 HKD/year
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Apply date
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Start date

About

The aim of the Operational Research and Risk Analysis course at The Hong Kong Polytechnic University is to produce graduates with strong operational research, risk analysis and statistical skills and a thorough understanding of their applications in the world of modern operational research and risk analysis. 

Overview

The education is to develop students’ analytical, critical and communication skills which will enable them to pursue a variety of jobs related to operational research and risk analysis, in areas such as logistics service providers, retail, banking, and procurement/sourcing and supply chain functions and modern financial product development and pricing. Operational Research, Risk Analysis, Mathematics and Statistics are fundamental yet constantly developing subjects. As well as being a discipline in its own right, they form the basis of modern commercial, financial, industrial and technological activities. Mathematical / Operational Research / Statistical models underpin many aspects of operational research and risk analysis today.

To provide a solid theoretical foundation of Operational Research, Risk Analysis and Statistics to its students, who will then be able to develop an outlook and powerful methodology that remains valuable in whatever career they pursue in the fast moving world of business, commerce, finance and insurance.

Characteristics

Hong Kong is a gateway between East and West. Hong Kong, as a global service centre, plays a major role in interfacing between suppliers and customers around the world. To retain its leading competitive position in serving international markets, it is crucial for Hong Kong businesses to embrace best practices in operational research. As a result, companies are increasingly looking for innovative leaders with the vision and skill to manage their logistics. Moreover, this programme helps provide graduates with training in risk analysis who can serve policy makers and institutional investors, with foci on various types of financial products such as mutual funds and hedge funds.

Career Prospect after the Operational Research and Risk Analysis course at The Hong Kong Polytechnic University

Graduate would be able to pursue a variety of jobs related to operational research and risk analysis, in areas such as logistics service provision, retail, banking, procurement/sourcing and supply chain functions, and modern financial product development and pricing.

Programme Structure

Courses include:

  • Operations Research Methods
  • Probability and Stochastic Models
  • Principles of Risk Analysis
  • Financial Modeling
  • Business Forecasting
  • Simulation and Risk Analysis
  • Advanced Operations Research Methods 

Key information

Duration

  • Full-time
    • 18 months
  • Part-time
    • 36 months
    • Flexible

Start dates & application deadlines

Credits

30 alternative credits

Delivered

On Campus

What students do after studying

Academic requirements

We are not aware of any specific GRE, GMAT or GPA grading score requirements for this programme.

Student insurance

Make sure to cover your health, travel, and stay while studying abroad. Even global coverages can miss important items, so make sure your student insurance ticks all the following:

  • Additional medical costs (i.e. dental)
  • Repatriation, if something happens to you or your family
  • Liability
  • Home contents and baggage
  • Accidents
  • Legal aid

We partnered with Aon to provide you with the best affordable student insurance, for a carefree experience away from home.

Get your student insurance now

Starting from €0.53/day, free cancellation any time.

Remember, countries and universities may have specific insurance requirements. To learn more about how student insurance work at The Hong Kong Polytechnic University and/or in Hong Kong (SAR), please visit Student Insurance Portal.

Other requirements

General requirements

  • A Bachelor’s degree with honours in Engineering, Computer Science, Basic Science, Finance, Economics or the equivalent. (Industrial or business experience will be an asset).
  • Applications will be considered on the basis of the information (such as academic achievements, professional qualifications and work experience) provided in the application. 
  • You may be required to attend an interview and/or test.
  • Departments will consider applications on a rolling basis until places are filled.
  • Some programmes will receive applications in two rounds

Tuition Fee

To always see correct tuition fees
  • International

    172000 HKD/year
    Tuition Fee
    Based on the tuition of 8600 HKD per credit during 18 months.
  • National

    172000 HKD/year
    Tuition Fee
    Based on the tuition of 8600 HKD per credit during 18 months.

Living costs for Hong Kong

13720 - 23419 HKD /month
Living costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

In order for us to give you accurate scholarship information, we ask that you please confirm a few details and create an account with us.

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Scholarships Information

Below you will find Master's scholarship opportunities for Operational Research and Risk Analysis.

Available Scholarships

You are eligible to apply for these scholarships but a selection process will still be applied by the provider.

Independent provider
Grant
1000000 INR
Deadline
Anytime
Education Future International Scholarship
Merit-based

Read more about eligibility

Education Future
Location not available
Independent provider
Grant
Various benefits
Deadline
24 May 2025
Queen Elizabeth Commonwealth Scholarships
Merit-based Need-based

Read more about eligibility

ACU (The Association of Commonweath Universities)
Location not available
Independent provider
Grant
1000 USD
Deadline
01 Jun 2025
1040 Abroad International Studies Scholarship Initiative
Merit-based Need-based

Read more about eligibility

1040 Abroad
Location not available
Independent provider
Grant
Various benefits
Deadline
Not specified
Erasmus+ - Grants for study mobility
Merit-based

Read more about eligibility

OeAD, Austria's Agency for Education and Internationalisation
Location not available
Independent provider
Grant
25000 USD
Deadline
27 Dec 2024
Atlas Shrugged Essay Contest
Merit-based Need-based

Read more about eligibility

Ayn Rand Institute
Location not available
Independent provider
Grant
7000 USD
Deadline
24 Apr 2025
Go Global MBA Scholarship
Merit-based

Read more about eligibility

educations.com
Location not available
Independent provider
Grant
5000 CAD
Deadline
31 Dec 2024
Pinsky Law New Venture Development Scholarship
Merit-based

Read more about eligibility

Pinsky Law
Location not available
Independent provider
Grant
1000 USD
Deadline
26 Feb 2025
Dream Chaser Scholarship
Merit-based

Read more about eligibility

Salvado Law
Location not available
Independent provider
Grant
90000 AUD
Deadline
Not specified
World Universities Ramsay Postgraduate Scholarship
Merit-based Need-based

Read more about eligibility

The Ramsay Centre
Location not available
Independent provider
Grant
3000 USD
Deadline
31 Dec 2025
Scholarship for students with disabilities
Need-based

Read more about eligibility

Anonymous Hope Fund
Location not available
Independent provider
Grant
2000 USD
Deadline
01 Sep 2025
The Rick Blight Leadership in Action Scholarship for Athletes
Merit-based

Read more about eligibility

Canadian Men’s Health Foundation
Location not available
Independent provider
Grant
8000 EUR
Deadline
Not specified
Erasmus Mundus Joint Masters scholarships
Merit-based Need-based

Read more about eligibility

European Commission
Location not available
Independent provider
Grant
3000 USD
Deadline
Not specified
AAPG Foundation Grants-in-Aid
Merit-based Need-based

Read more about eligibility

American Association of Petroleum Geologists Foundation
Location not available
Independent provider
Grant
1000 USD
Deadline
01 Mar 2025
Voice Talent Online Scholarship
Merit-based Need-based

Read more about eligibility

Voice Talent Online
Location not available
Independent provider
Grant
1000 USD
Deadline
10 Dec 2024
PlagiarismSearch 2024 Essay Contest
Merit-based

Read more about eligibility

PlagiarismSearch
Location not available
Independent provider
Grant
965 USD
Deadline
Anytime
Dr. Martin Blank – SYB Scholarship
Merit-based

Read more about eligibility

Shield Your Body
Location not available

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Operational Research and Risk Analysis
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