MSc in Operational Research and Risk Analysis

Aims and Characteristics

Programme Aim

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. 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

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.