Postgraduate Course: Risk Analysis (MATH11047)
Course Outline
| School | School of Mathematics | 
College | College of Science and Engineering | 
 
| Course type | Standard | 
Availability | Not available to visiting students | 
 
| Credit level (Normal year taken) | SCQF Level 11 (Postgraduate) | 
Credits | 10 | 
 
| Home subject area | Mathematics | 
Other subject area | Operational Research | 
   
| Course website | 
http://student.maths.ed.ac.uk | 
Taught in Gaelic? | No | 
 
| Course description | Risk 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 | 
 
| Keywords | RA | 
 
 
Contacts 
| Course organiser | Dr Julian Hall 
Tel: (0131 6)50 5075 
Email:  | 
Course secretary | Mrs Frances Reid 
Tel: (0131 6)50 4883 
Email:  | 
   
 
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