Risk assessment and safety management; systems reliability; learning from disasters; safety, risk and reliability; fire safety, explosions and process safety; data analysis and simulation; human factors methods; environmental impact assessment; dissertation.
2 - 7 years
|No attendance for this course||No application date provided||
This is a distance learning course
£1050 per module
More info: £1050 per module
For MSc level entry applicants must have a minimum of 2.2 Honours degree or equivalent academic qualification in cognate and semi-cognate subject area. For Postgraduate Diploma level entry applicants must have a 3rd Class Honours Degree in a cognate or semi-cognate subject area plus 2 years of relevant experience at an appropriate level completed post qualification; cognate or semi-cognate ordinary degree plus 3-4 years of relevant experience at an appropriate level following graduation. If English is not the applicants 1st language a minimum of IELTS 6.5 or equivalent is required with all elements passed at 6.0 or above.
Postgraduate Qualification (MSc)
Risk Management, Reliability / Quality Engineering
When I decided to change my career, I considered different options and finally chose Lean Six Sigma, a completely unknown area for me those days. I am happy today for that choice, because School and lecturers deliver an excellent course, bringing their vast personal experience and knowledge in addition to theoretical material. Truly world-class quality of teaching the high-demand continuous improvement culture of modern reality.
The LSS for OE course was one of my best decisions. I updated my Lean experience and learned new valuable knowledge. Business becomes more visible for me because LSS for OE emphasize both the big picture and the detail. This course is much more than statistics and technical explanation of processes. I can say that the course has also an impact on my way how I am looking to problems in business. Our biggest chance was to have a world-class lecturer who is an expert in LSS and brought the content to the point.
This course benefits from the best of both worlds: technical, CAD and applied lasses with buIlt environment student in Edinburgh, and concept/context/studio design with the creative textiles and fashion students in Galashiels. This is a relatively new course and growing all the time, it's a great chance to leave your mark on the university. Because there's direct entry to 3rd year there are a variety of students and you learn a lot from the other students in your class and their earlier experience/college courses. The third year course is a series of controlled design projects of various scales/sites, the fourth year is a thesis design project set by you yourself, so you can specialise and concentrate on something that specifically interests you- which is great. The tutors have a lot of time for you, you can contact them by email, and there's time each week for 1-to-1- sessions as well as class seminars and lectures.
The course has developed reputation of being quite difficult over the last few years as results (pass rates) have been consistently as low as 40 to 50 %. Selection of subjects for the course is quite good but some of the main courses such as Financial Markets, Financial Econometrics and Derivative Market and Pricing are not taught very well. The main element of the Derivative Markets and Pricing course is pricing part (for employment purpose) that includes Ito calculus and Black Scholes model of option pricing and this part has not been taught particularly well according to the past years students. Credit risk modelling part does not include any logistic regression type of techniques widely used in retail credit risk modelling and lacks application part required to find entry level jobs. Overall from talking to many students from past few years (MSc Financial Maths and others) who shared some of the courses with MSc ? QFRM, this course does not seem to help in finding employment as much as it claims in its advertisement.
Good points: There is a lot of material to help your studies and after graduation. The books have a lot of good information and are mostly structured well, a lot of effort has been put into them. They come with the course along with an ipad. There are plenty of industry visits through the year and especially during the team projects. The facilities are good with decent computers, free printing and most types of software relevant to the industry. All material is available online which is handy. Lecturers have lots of experience in the industry and are friendly enough. The Institute has a good reputation in industry. People come from all over the world to study there. Don't make the mistake of thinking it will get a guaranteed job though like many here thought. Everything is included in the course including geology trip to Spain. Bad points: Too much is squeezed into one year, almost ridiculously so. The books can be over 900 pages, how are you supposed to memorise this when its ungraded? A bit unrealistic. Picking things to revise can be like picking lottery numbers in terms of exam questions. Has the most coursework compared to petroleum geoscience and engineering, the least study time for exams, and arguably the hardest modules in a course (in which no-one has a complete background/bachelors in unlike the other two). With all the contacts within the institute there are still no summer placements which would greatly help with employment after the course. Way too exam focused, some 3-hour exams (4 per semester) constitute to 100% of module which is crazy considering the little time to revise and the size of the individual module textbooks. Some lecturers seem to try and trick you in exams, one question worth over 10% was said not to be in the exam, yet it came up. Not what we needed. Mistakes in tutorials and past paper solutions. This really ain't constructive to learning and comes up far too often. The 8-day geology trip is at a bad time just before exams and runs pretty much 7am-10pm every day with no time for anything else like revision. This is bad for two reasons: its more geology than the geoscience course (too much focus for essentially a reservoir engineering course) and gives an unfair advantage to engineering students who sit two of the same exams and only have a 2 day jolly away to Inverness. Reassessment of exams means you could be waiting 8 months to graduate after the course. To summarise, its a tough, rewarding but sometimes frustrating course. It covers a good range of topics though could benefit from being slimmed down a bit. Doing this course should set you up well for a place in the industry or further studies.
Please note reviews of Reservoir Evaluation and Management MSc are the subjective opinions of Hotcourses members and not of Hotcourses Ltd.
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