M.Sc Operational Research, Applied Statistics, and Financial Risk at Cardiff University, Cardiff Fees, Entry Requirement & Application Deadline

Master of Science [M.Sc] [Operational Research, Applied Statistics, and Financial Risk] From Cardiff University

Cardiff, WalesLocation
UniversitySchool type
Estd1883established year
24245enrollment
Public
8.1/10

Master of Science [M.Sc] (Operational Research, Applied Statistics, and Financial Risk)

1 year
Full Time
On Campus

Field of Study

£29,678/Yr

£29,678 /Yr
  • Master of Science in Operational Research, Applied Statistics, and Financial Risk at Cardiff University is a 1-year program.
  • It is an on-campus program offered on a full-time basis.
  • This course will give students the opportunity to study risk models in greater depth about the models that are used in financial markets.
  • The skills students will develop are highly transferable for use within industry, business, and the public sector.
  • The student-faculty ratio of the students is 40:1.
  • This 1-year course includes a 3 month period working with a company on a real problem.
  • Students will take 110 credits of core modules and 10 credits of optional modules in the taught component of the program. This is followed by a 60 credit summer project.
  • The methods of teaching are a mixture of lectures, seminars, computer workshops, and tutorials.
  • Students are assessed by the written examinations at the end of every semester.
  • The School of Mathematics has excellent links with a number of organizations that employ Operational Researchers, Statisticians, and Financial / Risk Modellers.
  • This school also provides an innovative and stimulating environment for both studying and researching in the mathematical sciences.

Important Dates

University allocates places on a first-come, first-served basis, so students are recommended to apply as early as possible.

Tuition Fees

Year1st Year Fees
Tuition Fees£29678 (GBP 29678)

Other Expenses

HeadAvg Cost Per Year
Housing£12260 (GBP 12260)
Food£3199 (GBP 3199)
Compulsory Fees£1268 (GBP 1268)
Total Cost£16727 (GBP 16727)

Eligibility & Entry Requirement

Academic Eligibility:

  • Applicants will have a minimum of a 2:2 degree from a recognized university in a numerate subject such as Mathematics, Science, or Engineering.
  • Students must be qualified in IELTSTOEFL, and PTE to get admission in this program.

Indian Student Eligibility:

  • Students will need successful completion of a relevant bachelor's degree from a recognized institution, with grades of approximately 55%-60% to qualify for the postgraduate courses.
  • Some schools will also require the successful completion of a relevant master's program from a recognized institution.
  • The Indian Standard XII English qualification from the following examination boards are accepted with a minimum score of 70%:
    • Andhra Pradesh/Telangana Board of Intermediate Education
    • Central/Goa Board of Secondary Education
    • Council for the Indian School Certificate Examinations, ICSE / ISC
    • Government of Kerala Board of Higher Secondary Examination
    • Government of Karnataka Department of Pre-University Education
    • Board of Secondary Education, Madhya Pradesh, Bhopal
    • Maharashtra State Board of Secondary and Higher Secondary Education
    • Gujarat/Punjab/ Rajasthan/Bihar/Meghalaya Board of School Education
    • Board of High School and Intermediate Education Uttar Pradesh
    • National Institute of Open Schooling.

Scores Required

6.5 / 9

Avg. Score in

IELTS

90 / 120

Avg. Score in

TOEFL

302 / 340

Avg. Score in

GRE updated


Required Document List

The Documents required are:

  • Resume/CV - This provides a summary of a student's experience and skills.
  • Higher Secondary School Certificate - The certificate provided by the education board after completion of the Higher secondary education.
  • Statement of marks - The marks statement provided by the education board.
  • Letter of Recommendation - This shows who recommended the student to pursue the degree.
  • Personal Statement - This is an essay or any written statement written by the student while applying in a minimum of 250 words.
  • English Language Requirement - This shows the test score of English Proficiency Exams such as IELTS, TOFEL, PTE, etc.

Career and Placement after Course

This program prepares you for a career in areas such as:

  • Operational Research
  • Management Science
  • Statistics
  • Risk Analysis
  • Financial Modelling
  • Actuarial Risk and Credit Scoring
  • Management Consultancy
  • Business Analytics
  • Supply Chain Management
  • Government Operational Research /Statistics.

Scholarship Grants & Financial Aids

NameScholarship Per StudentLevel of StudyType
Cardiff Vice-Chancellor's International ScholarshipScholarship per student£ 2,485/Yr$2,485Level Of StudyBachelorTypeCollege-Specific
VueVille Future Technology ScholarshipScholarship per student£ 1,000/Yr$1,000Level Of StudyBachelorTypeMerit-Based
Monica Cole Research GrantScholarship per student£ 1,291/Yr$1,291Level Of StudyApprenticeshipTypeMerit-Based
Commonwealth Master’s ScholarshipScholarship per studentVariable AmountLevel Of StudyMasterTypeMerit-Based
1st Formations Business ScholarshipScholarship per student£ 800/Yr$800Level Of StudyBachelorTypeMerit-Based
(ISC)² Women’s Cybersecurity ScholarshipsScholarship per studentVariable AmountLevel Of StudyBachelorTypeMerit-Based


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