Master in Risk Analysis

Do you want to become a risk expert? With a master’s degree in Risk Analysis, you can analyse, assess, communicate, manage and govern all types of risk. Become a risk expert at a time when terrorism, pandemics, climate change and complex technological risks are some of the challenges facing society.

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About the programme
Duration

2 years (4 semesters)

Language of instriction

English

ECTS credits

120

Start of studies

August every year

See why you should study Risk Analysis at UiS.

Tilsyn

Society is in a rapid development where conflicts, climate change, diseases and increasing energy needs put pressure on the world’s resources - and create new risk and safety challenges. Change and sustainable development of society is necessary. Working life needs good candidates who can contribute with high competence in risk. 

The study program in risk analysis gives you a unique competence in understanding and relating to risk, including risk assessment, risk perception, risk communication, risk management and risk governance, policy related to risk, and risk science. Key topics related to safety, security and resilience are also covered, as well as topics related to emergency preparedness and crisis management. The study programme is based on concepts and ideas developed through the Society for Risk Analysis over the past 40 years. 

The programme is suitable for you who are interested in achieving an advanced understanding of risk – of what creates risk and how to achieve safety. 

Do you want to make a difference?

As a risk expert, you can work in most sectors, in government as well as in NGOs. From safety officer to risk analyst, risk communication expert or researcher you will have many opportunities to make a positive impact. You can work with specific challenges, such as achieving the UN’s sustainability goals. These goals are the world’s joint work plan to eradicate poverty, fight inequality and halt climate change by 2030. As a risk expert, you can help achieve more of the sustainability goals. For example, sustainability goal number 11 is about making cities and communities inclusive, safe, robust and sustainable; and sustainability goal number 13 is about strengthening the ability to resist and adapt to climate-related dangers and natural disasters in all countries. You will also be able to contribute to the discussion on how best to design such goals and follow them up. Risk analysis and risk science help you ask the important and critical questions to ensure a good understanding of risk and focus on the best approaches and measures in this context. 


The study programme has two specialisations:

Both specialisations provide a broad risk competence and cover concepts, theories, principles and methods for assessing, communicating, managing and governing risk, safety and security, but have different emphasis: 

• The specialisation in Risk Governance (change of name in 2023: from Risk Analysis and Governance to Risk Governance) is relevant for students with different types of backgrounds. This specialisation emphasises risk governance and how risks are handled in society. The specialisation covers different perspectives on risk and society, together with different types of research methods and management approaches. 
• The specialisation in Engineering and Technology (change of name in 2023: from Engineering Risk Analysis and Management to Engineering and Technology) is open to students with an a bachelor’s degree in engineering, technology, mathematics (including statistics), natural sciences or equivalent. This specialisation emphasises risk assessment and risk management. The specialisation has a technical profile and covers topics such as probability calculation and statistics, reliability analysis and technical safety. 

During the study, there is an opportunity for an internship in a professional environment outside the university, such as in a company, public agency or research institute, or for participating in a major project work at the university (if available). 

Career prospects

The study programme in Risk Analysis gives advanced knowledge in fundamental topics within risk science. This is an attractive competence both in working life and in research. The study programme qualifies for several different types of positions in both the private and public sector, for example:

Risk analyst, advisor or consultant: Risk analysis is today in extensive use in both the private sector, for example, in the petroleum and energy industries, banking and finance, and the ICT industry; and in the public sector, for example, in health care, in urban and regional planning, and the planning and operation of public infrastructure. Risk analysis is also being used in an ever-increasing number of industries and sectors. This creates a need for candidates with strong risk analysis competence who can ensure proper assessment, characterisation, communication, management, and governance of risk. The study programme provides the necessary broad and general competence to work as a risk analyst, advisor or consultant.

Manager: An important management task is to make decisions under uncertainty about future consequences, i.e., when faced with risk. Risk assessments constitute an important basis for decision-making in such situations. A high level of competence is then required in understanding and interpreting the results of risk assessments and in conducting risk evaluations. Furthermore, a high level of competence is needed in communicating risk and in understanding how risk is often perceived differently by lay people compared with in professional risk assessments. Finally, there is a need for high competence in risk management and governance, and in the formulation of risk policies to ensure acceptable risk.

Researcher: As a risk researcher, there are many opportunities to contribute to the development and expansion of various parts of the research front. Key fundamental questions studied in risk science are: How to understand risk and uncertainty? How to express risk and uncertainty? How to determine what is acceptable risk?

A completed master’s degree in Risk Analysis with a grade point average of at least B and a minimum grade of B on the master’s thesis can qualify for admission to the PhD programme in science and technology with specialisation in risk management and societal safety at the University of Stavanger.

Learning outcomes

All study programmes at the UiS have a set of defined learning targets. Read more about the learning outcome for this study programme.

After having completed the master’s degree programme in Risk Analysis, the student shall have acquired the following learning outcomes, in terms of knowledge, skills and general competences:

Knowledge

K1: has advanced knowledge within the academic field of risk science, related to concepts, theories, principles, approaches, methods and models for understanding, assessing, characterising, communicating, managing and governing risk, safety and security.

K2: has specialised insight into risk assessment and risk management with an engineering theory and method profile, or in risk governance with a social science theory and method profile, depending on the chosen specialisation.

K3: has in-depth knowledge of theories and methods that form the basis for and that characterise risk science.

K4: can apply this knowledge to new types of problems and issues, in particular practical cases and problems in society, industry, business, etc., such as achievement of the UN sustainable development goals.

K5: can analyse scientific issues based on the scientific area’s history, traditions, uniqueness and place in society.

Skills

F1: can evaluate theories, principles, interpretations, methods and models within risk analysis.

F2: can develop and apply methods and models in risk analysis; depending on specialisation, methods for risk assessment, reliability analysis, cost-benefit analysis and risk perception analysis.

F3: can plan and conduct analyses (interpreted in a wide sense) in an independent manner of risk, safety and security, using the above knowledge.

F4: can use relevant methods for research and scientific/scholarly work in an independent manner.

F5: can analyse and deal critically with various sources of information and use them to structure and formulate scientific/scholarly arguments.

F6: can carry out an independent, limited research or development project under supervision and in accordance with applicable norms for research ethics.

General Competence

G1: can analyse relevant professional, occupational and research ethics issues.

G2: can apply their knowledge and skills to deal with questions related to risk analysis, and in new areas to carry out advanced work tasks and projects.

G3: is able to evaluate the applicability of different tools and approaches that are relevant to risk analysis, and examine the short- and long-term effects of different practices and solutions.

G4: can disseminate extensive independent work.

G5: is familiar with and can use the current terminology within the field.

G6: can communicate about scientific issues, analyses and conclusions within the field, with both specialists and the general public.

G7: can guide decision-makers and other stakeholders on how to understand, assess, manage and govern risk, safety and security.

G8: can contribute to innovation and in innovation processes.

Academic requirements

Admission requirements for the specialisation in Risk Governance

A bachelor's degree within Urban Planning and Societal Safety, Customs and Border Management, Social Sciences, Natural Sciences, Engineering, Mathematics, or Statistics. Applicants with other types of educational background will be considered by the admission committee. Other study programmes that may meet the requirements for admission include:

  • Social studies
  • Health and social sciences
  • Business and administration
  • Hotel and tourism
  • Police education
  • Teacher education
  • Journalism
  • History and philosophy of science

Admission requirements for the specialisation in Engineering and Technology:

A bachelor's degree in engineering, technology, mathematics (including statistics), natural sciences or equivalent is required. Applicants must have at least 20 ECTS credits in mathematics/statistics/calculus. At least 5 ECTS credits must be statistics.

All applicants:

Admission to this master's programme requires a minimum grade average comparable to a Norwegian C (according to ECTS Standards) in your bachelor's degree. Applicants with a result Second-class lower Division or lower are not qualified for admission.

Supplementary rules for admission

Application and admission

Deadlines

and other admission requirements

Meet our students

Meet Ingrid, former student and now ph.d

Meet risk engineer Daniel

Meet Master student Mohaimin Khan from Bangladesh.

Study plan and courses

Already a student? Find the full study programme description and study plan here
  • Compulsory courses

    • Foundations of Risk Analysis and Risk Science

      Year 1, semester 1

      Foundations of Risk Analysis and Risk Science (RIS505)

      Study points: 10

    • Theories of Risk Perception and Risk Governance

      Year 1, semester 1

      Theories of Risk Perception and Risk Governance (RIS515)

      Study points: 10

    • Risk Assessment, Economic Evaluation and Decisions

      Year 1, semester 2

      Risk Assessment, Economic Evaluation and Decisions (RIS525)

      Study points: 10

    • Risk Management, Communication and Policy

      Year 1, semester 2

      Risk Management, Communication and Policy (RIS630)

      Study points: 10

    • Master Thesis in Risk Analysis

      Year 2, semester 3

      Master Thesis in Risk Analysis (RISMAS)

      Study points: 30

  • Specializations

Frequently asked questions

spørsmål og svar SOS

Is it possible to complete the study part-time, or as distance learning?
The program is set up as a full-time program, and there are many compulsory group-based assignments in almost all subjects. We therefore do not recommend taking the study as distance learning. As the study is a full-time study, it is not possible to get a part-time admission, but a student with admission to a 2-year master's degree has access as a student for three years and can therefore also distribute the courses / study over three years instead of two year.

I have previously passed courses at another educational institution. Can I get any of these subjects approved to a new degree?

Yes, it is possible to apply for approval of previously passed courses that are not part of the admission basis to a new degree. All information can be found here.

Is it possible to apply for leave from studies?

Yes, it is entirely possible to apply for leave from studies. You can find all information about leave here: here.

Do I have the opportunity to start an exchange during my studies?

The program is set up for exchange in the 3rd semester.

Is there a student union related to this study programme?

Yes, read about the student union fRisk here.

Student exchange

By going on exchange to one of our partner institutions abroad as part of your studies, you will have an opportunity to get a unique education. In addition to improving your career opportunities, you grow as a person and gain the ability to greater reflect on the topics you study as part of your degree. All about exchange

Schedule for the exchange

Students can go on a study abroad experience during the 3rd semester of the master's programme in Risk Analysis.

This semester consists of 30 ECTS credits of electives. During the exchange semester you can choose courses similar the master program specialisation. The courses you want to take abroad must be approved by the department. It is important that the subjects/ courses from abroad not overlap with courses you have already taken. Some advice is to think about your specialisation and your field of interest.

More opportunities

In addition to the recommended universities listed below, The University of Stavanger has several agreements with universities outside Europe that are applicable to all students at The University of Stavanger, provided that they find a relevant course offering. Within the Nordic region and the Baltics, all students can use the Nordlys and Nordtek networks.

Find out more.

Contact your Study Adviser at the Faculty if you have questions about guidance and pre-approval of courses.

Sabrina Ebenhoch

General questions about exchange:

Go to the exchange guide in the Digital student service desk

Student exchange

  • All countries

    Catholic University of Portugal

    Benytt muligheten til å studere ved ett av de beste universitetene i Lisboa, Portugal.

    Delft University of Technology

    Delft University of Technology, også kjent som TU Delft, er regnet for å være blant verdens mest prestisjetunge universitet innen ingeniørfag og teknologi. Dette er en unik mulighet for deg som studerer ingeniørfag!

    Institut National des Sciences Appliquées de Toulouse (INSA)

    Institut National des Sciences Appliquées de Toulouse, also called INSA Toulouse, is located in beautiful Southern France. If you wish to combine cutting-edge science within engineering programs in a lively and multicultural city, apply!

    Institut National des Sciences Appliquées de Toulouse (INSA)

    Institut National des Sciences Appliquées de Toulouse, also called INSA Toulouse, is located in beautiful Southern France. If you wish to combine cutting-edge science within engineering programs in a lively and multicultural city, apply!

    Politecnico di Milano University

    Politecnico di Milano er Italias største tekniske universitet med om lag 40.000 studenter og er høyt rangert på en rekke internasjonale rankinglister.

    Teknisk högskola Lund

    Lunds Universitets historie går tilbake til 1666, og det rangeres jevnlig blant verdens 100 beste universiteter.

    University of Bologna

    The origins of the University of Bologna go way back, and it is considered to be the oldest university in Italy. Its history is intertwined with that of the great names of science and literature; it is a keystone and a point of reference for European culture. Apply and enjoy Italy's fascinating and rich culture for one semester!

    University of Trento

    Bli Erasmus+-student i Italia – Reis på utveksling til Trento!

  • France

    Institut National des Sciences Appliquées de Toulouse (INSA)

    Institut National des Sciences Appliquées de Toulouse, also called INSA Toulouse, is located in beautiful Southern France. If you wish to combine cutting-edge science within engineering programs in a lively and multicultural city, apply!

    Institut National des Sciences Appliquées de Toulouse (INSA)

    Institut National des Sciences Appliquées de Toulouse, also called INSA Toulouse, is located in beautiful Southern France. If you wish to combine cutting-edge science within engineering programs in a lively and multicultural city, apply!

  • Italy

    Politecnico di Milano University

    Politecnico di Milano er Italias største tekniske universitet med om lag 40.000 studenter og er høyt rangert på en rekke internasjonale rankinglister.

    University of Bologna

    The origins of the University of Bologna go way back, and it is considered to be the oldest university in Italy. Its history is intertwined with that of the great names of science and literature; it is a keystone and a point of reference for European culture. Apply and enjoy Italy's fascinating and rich culture for one semester!

    University of Trento

    Bli Erasmus+-student i Italia – Reis på utveksling til Trento!

  • Netherlands

    Delft University of Technology

    Delft University of Technology, også kjent som TU Delft, er regnet for å være blant verdens mest prestisjetunge universitet innen ingeniørfag og teknologi. Dette er en unik mulighet for deg som studerer ingeniørfag!

  • Portugal

    Catholic University of Portugal

    Benytt muligheten til å studere ved ett av de beste universitetene i Lisboa, Portugal.

  • Sweden

    Teknisk högskola Lund

    Lunds Universitets historie går tilbake til 1666, og det rangeres jevnlig blant verdens 100 beste universiteter.

Contact

Ekstern
51831969
Faculty of Science and Technology
Faculty Administration TN
Kontor for utdanningsadministrative tjenester
Professor
51831908
Faculty of Science and Technology
Department of Safety, Economics and Planning
Student union

fRISK is the student union for the master programme Risk Analysis.

Our department

Department of Safety, Economics and Planning

The department carries out research and offers study programmes at all levels within Risk management and societal safety, Industrial economics and City and regional planning.

Our goal is to be an internationally leading research environment in our chosen fields. The department has, over time, consistently been among Norway's most productive research communities, measured in publication points per scientific staff.

We have a research groups for City and regional planning and Risk management and societal safety.

The Department of Safety, Economics and Planning is responsible for a wide range of studies at all levels (see full list on our Norwegian page). Several Master studies are open to international applicants.

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Meet risk engineer Daniel

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Climate change adaptation strategies

The RISKSEC 2.0 project studies local climate change adaptation – from risk governance to securitisation strategies?

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