HONG KONG POLYTECHNIC UNIVERSITY · HONG KONG
Master of Science in Operational Research and Risk Analysis
Master's · Taught in en · UCAS 63024
At a glance
18 mo
Duration
6.0
IELTS
€22k
Tuition / yr
en
Language
Master's
Level
- 31Credits Required for Graduation
- 7 Compulsory SubjectsCore Areas of Study
- Full-time: 1.5 years, Part-time: 3 yearsProgram Duration
- Mixed ModeStudy Mode
- Sept 2026Entry Intake
This Master of Science program focuses on Operational Research and Risk Analysis, combining strong theoretical foundations with practical applications. It aims to equip graduates with advanced analytical, critical, and communication skills essential for modern business, finance, and industrial sectors. The curriculum emphasizes mathematical and statistical models to understand and manage complex systems, preparing students for roles in fields like logistics, retail, banking, insurance, and financial product development. The program leverages Hong Kong's position as a global service center, highlighting the increasing need for businesses to adopt best practices in operational research for managing logistics and supply chains. It also provides specific training in risk analysis, catering to the demands of policy makers and institutional investors dealing with various financial products. Graduates will be well-prepared to contribute to the competitive global market.
Curriculum
The program requires completion of 31 credits, including 7 compulsory subjects (21 credits), 1 credit for Academic Integrity and Ethics in Science, and either 3 elective subjects (9 credits) or a dissertation (9 credits).
- Year 1 (Full-time)
- Advanced Operations Research Methods
- Business Forecasting
- Financial Modeling
- Operations Research Methods
- Principles of Risk Analysis
- Probability and Stochastic Models
- Simulation and Risk Analysis
- Academic Integrity and Ethics in Science
- Electives / Dissertation (Full-time)
- Advanced Topics in Quantitative Finance
- Corporate Risk Management
- Economics for Financial Analysis
- Investment Science
- Mathematics of Derivative Pricing
- Mathematics of Finance
- Optimisation Methods
- Principles of Corporate Finance
- Quantum Computing for Data Science
- Scientific Computing
- Statistical Data Mining
- Statistical Inference
- Stochastic Models for Carbon Pricing and Trading
- Supply Chain Management
Careers
Graduates are well-prepared for diverse career paths leveraging their skills in operational research and risk analysis. The program aims to enhance analytical and decision-making capabilities, making graduates competent in various roles within the business and finance industries.
- Logistics Service Providers
- Retail
- Banking
- Insurance
- Procurement/Sourcing
- Supply Chain Functions
- Financial Product Development and Pricing
Frequently asked questions
- What are the entry requirements for the MSc in Operational Research and Risk Analysis programme?
- Applicants should hold a Bachelor's degree with Honours in engineering, computer science, basic science, finance, economics, or a related field. Industrial or business experience is considered an asset. Non-local applicants must register as full-time students.
- What is the tuition fee for this Master's programme?
- Tuition is charged per credit at HK$10,800 for non-local students. For the 31 credits required for the program, the total tuition fee is approximately HK$334,800.
- How long does the full-time Master's programme take to complete?
- The full-time programme is designed to be completed in 1.5 years, requiring the completion of 31 credits.
- What are the application deadlines for the September 2026 intake?
- The early round application deadline is October 15, 2025, and the main round application deadline is January 15, 2026.
- What documents are required for the application?
- You will need to submit transcripts, certificates, a curriculum vitae (CV), and a personal statement through the online application system.
- What are the estimated living costs for international students?
- The estimated living cost for non-local students is HK$287,655 per academic year, which includes tuition, accommodation, meals, and personal expenses. This is an average estimate and may vary.
Entry requirements
Bachelor's degree with HonoursIn engineering, computer science, basic science, finance, economics, or equivalent. Industrial or business experience is considered an asset.
University's minimum English language requirementDetails available in the 'Admission Requirements' section
Non-local applicants must be registered as full-time students.
Fees
Tuition (international)HK$10,800 per credit for non-local students. The total program cost depends on the number of credits taken. For 31 credits, the total tuition fee would be approximately HK$334,800.
Tuition (home)HK$10,800 per credit for local students. The total program cost depends on the number of credits taken. For 31 credits, the total tuition fee would be approximately HK$334,800.
LivingEstimated HK$287,655 per academic year (includes tuition, accommodation, meals, and personal expenses). This is an average estimate for non-local students and may vary.
Tuition is charged per credit. There is no tuition charge for the 1-credit Academic Integrity and Ethics subject.
How to apply
1. Online ApplicationSubmit your application through the university's online application system.
2. Submit Supporting DocumentsUpload required documents including transcripts, certificates, CV, and personal statement.
3. Pay Application FeeA non-refundable application fee of HK$450 is required.
4. Attend Interview (if applicable)Some departments may require an interview as part of the selection process. Applicants will be notified if an interview is required.
5. Receive OfferSuccessful applicants will receive an offer from the university.
6. Accept Offer and Pay DepositFollow the instructions in the offer letter to accept the offer and pay any required deposit.
7. Student Visa ApplicationNon-local students will need to apply for a student visa. The university provides guidance on this process.
Frequently asked questions
What are the entry requirements for the MSc in Operational Research and Risk Analysis programme?
+
Applicants should hold a Bachelor's degree with Honours in engineering, computer science, basic science, finance, economics, or a related field. Industrial or business experience is considered an asset. Non-local applicants must register as full-time students.
What is the tuition fee for this Master's programme?
+
Tuition is charged per credit at HK$10,800 for non-local students. For the 31 credits required for the program, the total tuition fee is approximately HK$334,800.
How long does the full-time Master's programme take to complete?
+
The full-time programme is designed to be completed in 1.5 years, requiring the completion of 31 credits.
What are the application deadlines for the September 2026 intake?
+
The early round application deadline is October 15, 2025, and the main round application deadline is January 15, 2026.
What documents are required for the application?
+
You will need to submit transcripts, certificates, a curriculum vitae (CV), and a personal statement through the online application system.
What are the estimated living costs for international students?
+
The estimated living cost for non-local students is HK$287,655 per academic year, which includes tuition, accommodation, meals, and personal expenses. This is an average estimate and may vary.