Studyportals

Operational Research and Risk Analysis

The Hong Kong Polytechnic University

M.Sc.
18 months
Duration
643 USD/credit
643 USD/credit
Unknown
Tuition fee
Unknown
Apply date
Unknown
Start date

About

The primary aim of this programme is to produce graduates with strong operational research, risk analysis and statistical skills and a thorough understanding of their application in the world of modern operational research and risk analysis. 

Access all 180000+ programmes, for free with a Studyportals account.
account benefits visualised

Overview

The programme develops students’ analytical, critical and communication skills, which enables them 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.

The programme

Operational research, risk analysis, mathematics and statistics are fundamental yet constantly developing subjects. As well as being disciplines in their 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. The secondary aim of the programme is 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 careers they pursue in the fast moving world of business, commerce and finance industry.

Characteristics

Hong Kong is a gateway between East and West. As a global service centre, it plays a major role in interfacing between suppliers and customers around the world. To retain their 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 provides training in risk analysis so that graduates can serve policy makers and institutional investors, with foci on various types of financial products such as mutual funds and hedge funds.

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
  • Optimisation Methods
  • Scheduling
  • Loss Models
  • Mathematics of Finance

Key information

Duration

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

Start dates & application deadlines

Language

English
IELTS or TOEFL needed

Credits

30 alternative credits

Initial Registration Credits

  • 3 for local students
  • 9 for non-local students

Delivered

On Campus

Academic requirements

GPA admission requirements GPA Your GPA, or Grade Point Average, is a number that indicates how well or how high you scored in your courses on average. Usually a GPA scales between 1.0 and 4.0, however different countries and universities can have different grading systems.
GRE admission requirements GRE® The GRE® General Test is a widely administered admissions test that measures the skills needed in today's graduate and business school programs worldwide. It contains three sections - Verbal Reasoning, Quantitative Reasoning, and Analytical Writing. Three scores are reported: a Verbal Reasoning score on a 130 - 170 score scale in one-point increments, a Quantitative Reasoning score on a 130 - 170 score scale in one-point increments, and an Analytical Writing score on a 0 - 6 score scale in half-point increments.
GMAT admission requirements GMAT The Graduate Management Admission Test (GMAT) is a test intended to assess certain analytical, writing, quantitative, verbal, and reading skills in written English for use in admission to a graduate management program, such as an MBA. GMAT contains 4 sections - Analytical Writing Assessment, Integrated Reasoning, Quantitative and Verbal. The score has a range from 200 - 800.

English requirements

IELTS admission requirements IELTS The International English Language Test System (IELTS) tests your English-language proficiency on a scale of 1 – 9. The score refers to the combined average score of 4 subjects (writing, listening, speaking, and reading).
6 (required)
TOEFL admission requirements TOEFL® IBT The TOEFL iBT® is given online through the internet at desiganated testing site. The test measures your English-language abilities in an academic setting. The score refers to the total score of 4 subjects (writing, listening, speaking, and reading), each subject has a range of 0 - 30.
80 (required)
PTE Academic admission requirements PTE Academic PTE Academic (Pearson Test of English Academic) is a language test that enables students to demonstrate their writing, listening, speaking, and reading skills when applying to study in English. The score refers to a total score which ranges between 10 and 90.

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).

Tuition Fee

  • International

    643 USD/credit
    Tuition Fee
    Based on the original amount of 643 USD per credit and a duration of 18 months.
  • National

    643 USD/credit
    Tuition Fee
    Based on the original amount of 643 USD per credit and a duration of 18 months.
  • HK$5,000 per credit for local and non-local students

Funding

Studyportals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

Our partners

Operational Research and Risk Analysis M.Sc.
-
The Hong Kong Polytechnic University

Wishlist

You are looking at a new design for our website: you'll see exciting changes in the future! 😎