Taught course

Operational Research, Applied Statistics and Risk

Cardiff University · Cardiff School of Mathematics

Entry requirements

Applications are welcome from people with: A first degree (minimum second class honours) from a recognised university in a numerate subject such as Mathematics, Operational Research, Statistics, Management Science, Economics, Engineering, Computer Science, Geography or a suitable Science degree. A good level of English language, both written and oral (applicants whose first language is not English will normally require an IELTS score of 6.5). Willingness to engage with staff and students for mutual benefits. Motivation to establish or accelerate a career in Operational Research and Statistics.

Months of entry


Course content

You will study a variety of problem-solving techniques, allowing you to build and use mathematical and statistical models, alongside skills to develop your abilities to communicate effectively to others. The programme will prepare you with essential techniques in Operational Research and Applied Statistics, and allow you to then select from a number of interesting and varied optional courses in topics such as supply chain modelling, healthcare, and Statistics and Operational Research for Government (delivered with input from the Office for National Statistics and Welsh Assembly Government). As well as studying the foundations in Operational Research and Applied Statistics, you will study further topics in actuarial risk, financial modelling and credit risk scoring, and is ideal for those who wish to study in greater depth risk models, particularly for application to financial markets but also to other sectors.

Special Features
  • A unique MSc degree combination in the UK.
  • Ideal for those who wish to study in greater depth risk models, particularly for application to financial markets but also to other sectors.
  • Delivered by experts in the fields of Operational Research and Statistics.
  • Skills are highly transferable for use within industry, business and the public sector.
  • Close collaboration with a number of organisations who employ Operational Researchers, Statisticians and Financial/Risk Modellers.

For further information, please visit http://courses.cardiff.ac.uk/postgraduate/course/detail/p226.html

Information for international students

Note: International students pursuing part-time programmes of study are not eligible for Tier 4 (General Student) visas and must have alternative leave to remain in the UK if they intend to study at the University in person.

Fees and funding

The School has a number of scholarships on offer for full-time UK/EU students which will pay the entire fees and in some cases additional support towards living costs. These are highly competitive so we suggest you apply early.

Qualification and course duration


part time
24-36 months
full time
12 months

Course contact details

Mrs Joanna Emery
+44(0)29 208 70851