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Risk management - Master's Degree Programme (Master i teknologi/siviling.)

The risk management field embraces concepts, theories, principles, approaches, frameworks, methods and models for understanding, assessing, characterising, communicating, and managing risk. Risk management is widely applied in the business/private sector, for example in the petroleum and process industries, in banking/finance, and in the ICT sector; as well as in the public sector, for example in city and regional planning, in critical infrastructure planning and operations, and in the health services sector.
The study programme gives a broad, general and to large extent application-independent competence in risk assessment and risk management. As risk management is being implemented in an increasing number of industries and sectors, candidates with a strong general basis are needed to ensure proper implementation.
The principal aim of the study program is to give the students the knowledge, skills and basic thinking required to approach risk and uncertainty to support decision-making. Central topics covered are; What is the meaning of risk? What is the meaning of uncertainty? How to express risk and uncertainty? How to analyse reliability and availability? How to give weight to uncertainties? How to understand the precautionary principle and how to apply it? How to determine acceptable risk? How to balance different concerns, such as health, safety/security, environmental, and economic concerns? How to apply cost-benefit and cost effectiveness analyses?
In addition to these general topics related to risk, students can chose elective subjects to obtain more detailed competence in specific areas of the risk field, for example enterprise risk management, or in particular applications, for example technical and offshore safety.


The study program is organised at the Department of Safety, Economics and Planning. The programme comprises 120 credits (ECTS) in total, of which 60 ECTS are mandatory subjects, 30 ECTS elective subjects, and 30 ECTS the master's thesis. The course work consists of lectures, seminars, project assignments, as well as mandatory and voluntary exercises.
The department offers a list of recommended electives. Other electives must be approved by the department.
The master's thesis may be prepared either at the faculty or in cooperation with industry. The department has good contacts with different companies in the region. In order to write a master's thesis, satisfactory progression must be demonstrated as cited in the Regulations for the master's thesis.
UiS wishes to offer all its programmes and courses as planned; however, courses still have to be subject to availability of resources and a minimum student enrolment.

Hva kan du bli

Depending on the student's background and on the programme profile created through selection of elective subjects, graduated candidates qualify for a range of different jobs. Both in industry as well as in public sector, there is generally a high demand for people with strong competence in risk assessment and risk management. Graduated candidates typically find work as analysts, advisors, consultants, or managers.

A completed master's degree with a minimum average grade of B and a minimum grade of B on the master's thesis may qualify for admission to the PhD program in Science and Technology with specialisation in Risk Management and Societal Safety at the University of Stavanger.


Faculty of Science and Technology tel: +47- 51 83 17 15

The University of Stavanger N-4036 Stavanger Norway