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  • Delivery:
    Full time according to Funding Council definitions

This conversion course is ideal for graduates who would like to change subjects or career direction. This course examines the multi-dimensional study of risk with aspects of finance, governance and ethics and addresses more traditional practices of risk management.

Risk management is now a key driver in business and there is a rapidly increasing requirement for postgraduates to provide core risk management assistance. Few organisations today would make any major decisions concerning new projects without first assessing the risks involved. This course will give you with the opportunity to develop the competencies and technical skills for contributing and flourishing in this industry. In particular, you'll develop and apply your decision-making skills to complex practical situations. The comparison of theory and practice provides a rich source of material in this area and serves to prepare you for a variety of possible roles within an international business organisation.

Key information

Next start date:

January 2017, September 2017


Bournemouth University, Lansdowne Campus


12 months for September start, or 16 months for January start including a summer vacation

Relevant subjects:

All subjects considered

Entry requirements:

A Bachelors Honours degree at 2:2 or above or equivalent. If English is not your first language you'll need IELTS 6.0 (Academic) or above. For more information check out our full entry requirements

Course details

Core units

  • International Accounting & Analysis: Explore the principles for producing financial statements, outline the theoretical and regulatory framework financial accounting operates in and offer techniques for analysing corporate financial reporting.
  • Economics of Money & Financial Markets: A solid grounding in the economic concepts surrounding the monetary system and financial markets.
  • International Corporate Finance: The aims of this unit are to address the importance of the corporate finance function in an internationally diverse corporation and to offer a framework for assisting corporate decision-makers in a complex, dynamic and inherently uncertain external environment.
  • International Investment Management: Understand the workings, structure and importance of the global investment marketplace and its role in risk analysis and management at practical and theoretical levels.
  • Enterprise Risk Management: Gain an understanding of the theoretical and practical aspects of risk.
  • Corporate Governance & Ethics: The objectives, principles and methods of corporate governance practice in different economic environments. You'll learn how an understanding of governance and ethics can aid managerial decision-making, particularly for risk management.
  • Research Project: An opportunity to undertake a significant piece of self-managed research in an area that interests you. You'll have the opportunity to undertake optional work experience as part of your Research Project unit, subject to interview and availability. This experience can be used to inform your Project.

Programme Specification

Programme specifications provide definitive records of the University's taught degrees in line with Quality Assurance Agency requirements. Every taught course leading to a BU Award has a programme specification which describes its aims, structure, content and learning outcomes, plus the teaching, learning and assessment methods used.

Download the programme specification for MSc International Risk Management & Finance.

Whilst every effort is made to ensure the accuracy of the programme specification, the information is liable to change to take advantage of exciting new approaches to teaching and learning as well as developments in industry. If you have been unable to locate the programme specification for the course you are interested in, it will be available as soon as the latest version is ready. Alternatively please contact us for assistance.

Selection criteria

Background & experience

For International Risk Management & Finance we are looking for applicants who:

  • Have a good understanding of financial, legal and economic theories
  • Have excellent analytical and decision-making skills
  • Show an enthusiasm to the subject area
  • Demonstrate effective communication skills.

Students will typically have an interest in international and multi-cultural world economy. We encourage applications from those who are committed to their studies and are capable of working well in teams.

Selection methods

This course selects candidates by looking at their applications. There are no interviews or additional selection activities and therefore we suggest that you make your application stand out from the crowd.

For more information, take a look at our how to apply pages.

Full entry requirements

The normal requirements for embarking upon a postgraduate taught degree are:

  • A good Bachelors Honours degree, 2:2 or above or equivalent
  • For post-experience and professional qualifications, there may be additional entry requirements set by the association or institute that ultimately administers the qualification in question. The qualification description on the course information pages should tell you what these are but please get in touch with the askBU Enquiry Service.

If you lack the formal academic qualifications needed to enter a postgraduate or post-experience degree, there are several alternative routes to follow - some based on experience. Contact the askBU Enquiry Service for more information.

English Language Requirements

If English is not your first language, you will need to provide evidence that you can understand English to a satisfactory level. English language requirements for this course are normally:

  • IELTS (Academic) 6.0 overall or equivalent with 5.5 in all other components

View further information about our English language requirements.

A number of pre-sessional English and preparatory programmes are offered through our partner institution, Bournemouth University International College, and will get you ready for study at BU at the appropriate level.

You can also find further details of the international qualifications we accept, and what level of study they apply to, on our postgraduate entry requirements page.


This course will provide you with the transferable skills needed for a successful career in accounting and finance: team work, objective analysis and communication.

Some of our Finance Graduates are now undertaking roles such as:

  • Consultant
  • Finance manager
  • Financial consultant
  • Human recourses management
  • Management associate (risk).

Industries Worked In

  • Finance
  • Management
  • HR.

Further Study

If you want to continue your studies after achieving your Master's, you can look into our range of doctoral programmes.

*The above are taken from Destination of Leavers from Higher Education (DLHE) and BU institutional data.

No hidden extras

As a student at BU we will provide many things to support you and there will also be additional costs you may encounter whilst studying at BU. The information below will help you understand our provision and what you need to budget for.

What you can expect from us

All of your teaching and assessments are included in your tuition fees, including, lectures/guest lectures and tutorials, seminars, laboratory sessions and specialist teaching facilities. You will also have access to a wide range of support and services.

  • One set of study-related consumables such as a memory stick/ DVD
  • Materials for laboratory and field-based teaching activity
  • Support for placements (UK or abroad) and fieldwork
  • A range of student services – advisors, help desks, counsellors, placement support and careers service
  • The Library – access to a wide range of electronic resources (databases, e-journals and e-books), print and multimedia collections, subject librarians and study spaces
  • IT labs (some open 24/7), wireless network, AV equipment to borrow
  • Peer Assisted Learning (PAL) scheme
  • Disability and additional learning support
  • The BU Language Centre to help you develop/improve foreign or English language skills
  • 24 hours a day, 365 days a year security team.

Costs of living and other expenses you need to consider

  • Accommodation and living costs: view our price guide
  • Text books: remember that our award-winning library is stocked with a large range of text books for all courses, as well as online resources such as industry journals, free of charge
  • General stationery and other supplies such as print and presentation materials: the Students’ Union shops stock a wide range of stationery supplies on both campuses
  • Travel to, from and between BU campuses: our bus service operates in the local areas offering a subsidised travel rate; we also have a large number of secure bike storage compounds
  • sportBU membership: check out our student membership packages, sports events, varsity teams, information about our new facilities and more on the SportBU webpages
  • Fieldwork travel, outdoor wear and footwear (where applicable)
  • Telephone and travel costs incurred when undertaking interviews for coursework/securing placements.
  • A fee will be payable towards the cost of an Educational Psychology Assessment if this is required in connection with additional learning support. BU pays for approximately two-thirds of the cost of this assessment for UK students. For more details and current pricing please visit the Students section of the website.

Repeat Units

If you need to repeat one or more units during the course of your studies, you may be required to pay additional fees equivalent to one ninth of the tuition fee per 20 credit unit.

Financial help available from BU

We offer a range of scholarships and bursaries to students who are beginning their studies at BU. Our website also provides details on living costs, budgeting and paying your tuition fees.

What our students say

Diana Giuliana

The course has taught me to be better in group work and communicate with other nationalities which is very important for companies which should enhance my employability.

Hear from our staff

Professor Steve Letza

The postgraduate framework consists of a number of elements at the heart of which are the Finance subjects themselves but around that sits a number of related topics.

Additional information

Your career and development

Your career and development

Read about career and development opportunities and discover how gaining industry experience could help you.

International students

International students

We have a strong international student community. Find all the practical advice and information you need here.