Cardiff University
Operational Research, Applied Statistics and Financial Risk MSc
Cardiff University

Course modalities offered

Key Course Facts

Student Reviews

Below you can see course specific reviews of 185 graduates of Operational Research, Applied Statistics and Financial Risk MSc and other courses in History at Cardiff University for each of the survey questions in comparison to the average for all UK degree courses in History.

The NSS is commissioned by the Office for Students

Salary

Salary of Graduates in History

Important: Salary data below is not course specific, but contains data of all students of History at the university. Due to data collection methodology, salary data is mainly based on data related to undergraduate students.

  15 months after graduation 3 years after graduation 5 years after graduation
Median salary £24000 £24000 £29000
25-75 percentile range £20500 - £27000 £18500 - £28500 £22500 - £36000


Salary of all UK Graduates of History

  15 months after graduation 3 years after graduation 5 years after graduation
Median salary £24405 £22643 £27403
25-75 percentile range £20545 - £28120 £17457 - £28376 £20781 - £35411

Course Description

A unique MSc degree aimed at those who wish to study in greater depth risk models, particularly for applications to financial markets, but also to other sectors.

Our MSc in Operational Research, Applied Statistics and Financial Risk aims to equip you with the necessary analytical skills, methods and ways of thinking to tackle and analyse complex organisational problems, help make better decisions, and to become confident statistical analysts.

This course is ideal training for those who wish to study, in greater depth, risk models, particularly for application to financial markets but also to other sectors.

You will undertake case studies and project work which will give you the opportunity to put your skills into practice and provides valuable experience of working in the field. The dissertation project, typically undertaken with an industrial partner, will allow you to work with complex data in a creative manner and a problem-solving environment, as well as to communicate your ideas and findings effectively.

We offer a one year full-time and a three year part-time programme.

Jobs & Career Perspectives

15 months after graduation, graduates of this course were asked about what they do and, if they are working, about their current job and their perspectives.

Current jobs

Required skill level of job after 15 months

Jobs of graduates of this course (15 months after graduation)

Example below based on all graduates of Operational Research, Applied Statistics and Financial Risk MSc at Cardiff University

20% Administrative occupations
18% Sales occupations
9% Finance Professionals
7% Managers, directors and senior officials
5% Business and Financial Project Management Professionals
5% Protective service occupations
4% Elementary occupations
4% Information Technology Professionals
4% Business, Research and Administrative Professionals
4% Business and public service associate professionals

Entry Requirements / Admissions

UCAS Tariff of Accepted Students for this course

Requirements for international students / English requirements

IELTS academic test score (similar tests may be accepted as well)

    • 6.5
    • MBA
Get advice on which foundation courses are best for you to still study Operational Research, Applied Statistics and Financial Risk, MSc, if you do not meet the minimum requirements in terms of UCAS score, A levels, or English language requirements.

**Typically, you will need to have either: **

a 2:2 honours degree in a relevant subject area such mathematics, science or engineering, or an equivalent international degree.

a university-recognised equivalent academic qualification

**

Costs

Average student cost of living in the UK

Rent £518
Water, gas electricity, internet (at home) £50
Supermarket shopping £81
Clothing £35
Eating out £33
Alcohol £27
Takeaways / food deliveries £30
Going out / entertainment (excl.alcohol, food) £24
Holidays and weekend trips £78
Transport within city £17
Self-care / sports £20
Stationary / books £13
Mobile phone / internet £13
Cable TV / streaming £7
Insurance £51
Other £95
  
Average student cost of living £1092

London costs approx 34% more than average, mainly due to rent being 67% higher than average of other cities. For students staying in student halls, costs of water, gas, electricity, wifi are generally included in the rental. Students in smaller cities where accommodation is in walking/biking distance transport costs tend to be significantly smaller.

University Rankings

Positions of Cardiff University in top UK and global rankings.

Rankings of Cardiff University in related subject specific rankings.

Mathematics

    • #32 
    Mathematics
    CUG The Complete University Guide - By Subject
    [Published 08 June, 2023]
    • #57 
    Mathematics
    The Guardian University League Tables by Subject
    [Published 09 September, 2023]
    • #351 
    Mathematics
    NTU Rankings by Subject
    [Published 11 July, 2023]

See all 34 university rankings of Cardiff University

About Cardiff University

Established in 1883, Cardiff University is located in the urban setting of the city of Cardiff, Wales. Some of the university’s most obvious advantages include world-leading research, a knowledgeable and proactive career services office, and the central location. Cardiff is a vibrant, modern city with a young and diverse population known for accepting people from all walks of life.

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Where is this programme taught

Cathays Park Campus
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