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DEGREE REGULATIONS & PROGRAMMES OF STUDY 2013/2014 -
- ARCHIVE as at 1 September 2013 for reference only
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DRPS : Course Catalogue : School of Mathematics : Mathematics

Postgraduate Course: Risk Analysis (MATH11047)

Course Outline
SchoolSchool of Mathematics CollegeCollege of Science and Engineering
Course typeStandard AvailabilityNot available to visiting students
Credit level (Normal year taken)SCQF Level 11 (Postgraduate) Credits10
Home subject areaMathematics Other subject areaOperational Research
Course website http://student.maths.ed.ac.uk Taught in Gaelic?No
Course descriptionRisk management is becoming an increasingly important subject. Most large organisation now have formal risk management strategies. Risk analysis deals with the assessment and management of the risk from unlikely but costly events. This course will introduce the risk
analysis methodology and give examples of risk management in different areas.

Sources of risk; attitudes to risk; risk ownership; assessing the probability and cost of risky events; frequency based and subjective probability; methods of controling risk; communicating with the public; techniques and examples of risk management in e.g. engineering safety, medicine, law and forensic science, agriculture and the environement, food safety, project management, control of animal and human epidemics.
Entry Requirements (not applicable to Visiting Students)
Pre-requisites Co-requisites
Prohibited Combinations Other requirements None
Additional Costs None
Course Delivery Information
Not being delivered
Summary of Intended Learning Outcomes
Understanding of approaches to assess and minimize
risk in real life applications. Ability to analyse risks and explain management alternatives in a way appropriate to all those involved.
Assessment Information
Continuous assessment 100%
Special Arrangements
None
Additional Information
Academic description Not entered
Syllabus Not entered
Transferable skills Not entered
Reading list Not entered
Study Abroad Not entered
Study Pattern Not entered
KeywordsRA
Contacts
Course organiserDr Julian Hall
Tel: (0131 6)50 5075
Email: J.A.J.Hall@ed.ac.uk
Course secretaryMrs Frances Reid
Tel: (0131 6)50 4883
Email: f.c.reid@ed.ac.uk
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