Glasgow Caledonian University’s MSc Risk Management program offers an in-depth exploration of strategic and operational risk within broader organizational resilience. This research-driven course is available for full-time on-campus study as part of our vibrant international community, or via distance learning, offering you the flexibility and support your need to study at your own pace.

Glasgow Caledonian University's MSc Risk Management

Welcome Note From The Principal

As Principal and Vice-Chancellor, I am delighted to welcome you to Glasgow Caledonian University.

Glasgow Caledonian University is a distinctive, inclusive and forward-looking university that is committed to its social mission to promote the common good. We have become an international centre of excellence in higher education, promoting employability and global citizenship in our graduates. We win awards for our support and commitment to the student experience, whilst delivering innovation through our world-class research in key areas of strength. We have a tradition of widening access to higher education for talented individuals regardless of their backgrounds, and we leverage our intellectual and social capital for the benefit of the communities we serve in Scotland and internationally.

With a modern campus in the heart of the vibrant and welcoming city of Glasgow, our university has an excellent learning environment. It includes the Saltire Centre, our award-winning library that provides spaces for social learning as well as quiet study. Harnessing the latest technologies and industry expertise, Glasgow Caledonian University aims to unlock talent and equip our students with the skills to enable them to succeed in an increasingly competitive workplace.

We work with the Students’ Association to develop our students through the Student Leaders Programme, and, through our international partners in China, Oman and other countries, we facilitate academic and research links and international staff and student exchanges.

I hope you will enjoy working with Glasgow Caledonian University to promote the common good.

Professor Pamela Gillies

Why Choose Glasgow Caledonian University?

There are lots of reasons to choose Glasgow Caledonian University, but here’s our top 10 list:

1. Career-focused programmes
We offer a variety of innovative, specialised courses. The lecturers for your chosen course will have good industry contacts to help you with placements and future career opportunities.

2. World-class facilities
With the Saltire Centre at its hub, our modern, high-tech campus includes moving library shelves for easy access to books, “think pods” with whiteboards for group study, and private “inflatable igloo” study areas. Apart from maybe a beer fountain and chocolate trees, what more could you want?

3. Innovative teaching
With a virtual hospital, high-tech broadcasting suite, fashion factory and even an online Second Life campus, Glasgow Caledonian puts a lot of effort into helping you enjoy your programme and gain the professional skills and knowledge employers want.

4. Award-winning student support
Facilities such as the Campus Life desk – our one-stop information and support centre offering help with everything from borrowing laptops to getting council tax rebates – have helped us win awards for our student support, including the Times Higher Education Outstanding Support for Overseas Students award.

5. Recognised for research
Research at GCU is ranked in the top 20 in the UK for health research at world-leading and internationally excellent standards by the 2014 Research Excellence Framework (REF) results. Our research in construction and the built environment was also rated in the top 20 in UK.

6. Designed for today’s students
Everything from the highly affordable sports centre, Arc, and the convenient, single-site campus to the Saltire Centre’s multiple power points, workstations, study areas and free Wi-Fi is designed with you in mind.

7. Location, location, location
Glasgow is perfect for students. It’s got a vibrant live music and arts scene, jumping nightlife, accessible sports facilities, spacious city parks and much more. And it’s all within easy access of Scotland’s spectacular scenery and world-renowned festivals.

8. Friendly, close-knit, convenient campus
Our single-site campus is friendly, personal and close-knit. You’ll be on first-name terms with your lecturers and the campus design makes it easy to meet friends and classmates for breaks or study sessions. Not only that, but it sits right in the middle of the city nearby all transport links.

9. Diverse and cosmopolitan
Glasgow Caledonian is open to anyone, regardless of nationality, age, background and schooling. That means we provide a great opportunity to meet and make friends with a diverse group of new people.

10. Exchange opportunities
Opportunity is everywhere at Glasgow Caledonian, and it’s not just restricted to Glasgow. We offer overseas placements and exchanges that let you sample another country and learn a new language.

About Glasgow Caledonian University's MSc Risk Management

In today’s complex global environment, organizations increasingly require responsible, ethical leadership and effective risk management strategies. Glasgow Caledonian University’s MSc Risk Management programme is designed to meet this demand.

Delving into both strategic and operational risks within the larger context of organisational resilience, our programme is a research-led, postgraduate experience available for full-time on-campus study within our vibrant international community or through our fully-supported distance learning mode. Tailor your learning experience to your own schedule and preferences while receiving our full support.

With over 30 years of risk management teaching experience, we’re a leading UK provider, boasting strong ties and an excellent reputation within the industry. Here, you’ll develop the advanced skills sought by employers.

What to Expect from the Course:

You’ll join a diverse, specialized student community and get a truly international perspective by learning from peers and teaching staff from around the globe. This program will help you understand global approaches to risk management and their similarities and differences.

Your Learning Outcomes:

  • Critically engage with contemporary theoretical concepts, strategies, policies, and practices of risk management.
  • Develop skills to address operational and strategic risk management challenges in an international context.
  • Gain a practical understanding of real-world issues from an international perspective and learn to make ethically driven, responsible decisions.
  • Understand and apply research techniques and methodologies to an independent research project on a relevant topic.
  • Develop personal and transferable skills related to independent research, problem-solving, critical thinking, team collaboration, ICT, employability skills, and interpersonal communication.

Enrich your future with us, acquiring the skills to navigate and manage risks in the increasingly complex global environment.

Standard entry requirements

All entry requirements listed here should be used as a guide and represent the minimum required to be considered for entry. Applicants who are made a conditional offer of a place may be asked to achieve more than is stated.

  • UK Honours degree 2:2 or equivalent

  • Academic IELTS score of 6.0 (or equivalent) with no element below 5.5.

Please note: if you are from a majority English speaking country, you may not be required to provide further proof of your English Language proficiency.

Additional information

International Diploma in Risk Management

Holders of the Institute of Risk Managements International Diploma in Risk Management can access the MSc through successful completion of two 15 credit modules plus the 60 credit research methods and dissertation module. This can be achieved over one academic year.

Other academic and vocational qualifications

Each application to GCU is considered on an individual basis. If you do not have the typical academic entry qualifications, but can demonstrate relevant work experience and/or credits from recognised professional bodies, you may be eligible to enter this course via the University’s Recognition of Prior Learning scheme.

International pathways

If you do not meet the English language requirements, you may be eligible for the Academic English course.


To learn more about our programmes and courses, potential students are invited to our frequent information sessions and events at CDC. For further information, please feel free to email us at, give us a call at 03-7660 8950, or stop by to chat with our welcoming staff at our premises. We look forward to meeting you!

CDC Management Development
501 Block F Phileo Damansara 1,
No. 9 Jalan 16/11, 46350 Petaling Jaya, Malaysia
Opening hours: 09:30 – 19:00

Programme Structure

The module is structured around four key topics: an introduction to the basic principles of risk financing, a detailed examination of insurance theory, critical analysis of insurance -practice, and an examination of contemporary risk issues and the global insurance marketplace. Through consideration of contemporary examples, we will underline how insurance is utilised in real world situations in response to contemporary risk issues.

The module aims to develop a critical awareness of the financial risks inherent in financial markets and analyse the products which are used to manage these risks. You will be able to carry out a comparative analysis of the different types of fund management, highlighting the advantages and disadvantages, be able to critically analyse the methods of asset pricing which are available and ultimately create and justify your selection of various investment portfolios.

This module introduces you to key theoretical concepts and risk management processes and practices and the role these play in building organisational resilience. It will provide you with a thorough understanding of current thinking on risk management strategy, culture, and operations, while considering cutting edge risk issues.

This module will enable you to understand the concepts and context of international business and critically analyse a wide range of risks such as; managerial, cultural, political, ethical and economic which impact on these businesses. You will also evaluate a range of risk management strategies and tactics available to these international businesses in preparation for your future career.

This module will equip the student with highly sought-after practical risk analysis and modelling skills to allow you to confidently assess, model and predict risk. You will develop real-world applicable skills and utility from an organisational perspective; with real data examples, you can model and calculate financial risk concerns such as credit/bankruptcy risk. In addition, you will be shown how to construct a non-financial risk model for assessing practical risk of any type of scenario, based on a qualitative assessment of risk.

The module will examine business continuity management (BCM) and crisis management in the context of a wider risk management strategy. Using the BCM lifecycle it will demonstrate how to undertake an analysis of the business environment, prepare analytical frameworks, implement BCM system and ensure that a process of regular monitoring, testing and exercising takes place. The importance of embedding BCM in organisational culture is discussed as a key element of this entire process. This module also examines the implementation of crisis management and communication strategies before and after a crisis event in order to mitigate or soften its impact.

By examining the private, public and social enterprise sectors, you will be equipped with a set of analytical tools and concepts to drive responsible decision-making, whilst highlighting the difference between compliance and ethically driven behaviours. You will gain a theoretical and practical understanding of real world issues, from a UK and global perspective, and learn from the PRME related principles and the Common Good attributes which are central to this module.

Following on from the knowledge you have gained in Ethics, Governance and Responsible Leadership and with a focus on self-reflection, in this module you will develop your professional competence by undertaking a professional engagement activity. The link between these two core modules reinforces the significance of ethical and responsible decision making and leadership within your future career.

The final element of the programme is the Masters Research Project which provides you with an opportunity to design and undertake a piece of original research. You will apply methods and theories that are commonly used within the field of risk management and with the support of internationally published literature demonstrate best practice in this field.

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