Risk and Safety
M.Sc.
Overview
The management of risks is an essential task in engineering and society. Without demonstrating sufficient safety it is not possible to introduce new technologies, for example autonomous transportation systems or sustainable energy production and storage. Similarly, the assessment and management of risk is essential for the optimal design and operation of engineering systems and processes, ranging from management of the built environment under climate change to the optimization of maintenance processes for a fleet of aircraft. More broadly, policy making for anthropogenic systems requires experts who understand risk and uncertainty and their impact on the outcomes of decisions, such as when developing, implementing and communicating strategies for dealing with epidemics or natural hazards.
This unique MSc program educates future experts to address these challenges. Graduates of this MSc program will be able to understand, assess and communicate risks and develop strategies for efficiently providing safety. To this end, the MSc program combines a multidisciplinary set of courses on:
- domain specific engineering expertise
- stochastic modeling and computation
- understanding risk perception and communication
- methods and tools for managing safety and risks
Which further expertise and skills will I acquire?
The Master Risk and Safety enables graduates to provide solutions to interdisciplinary challenges by combining strong analytical skills with a dedicated toolset to assess complex systems and a holistic perspective on decision processes in management and society.
The graduates will have acquired competences in the fields of probabilistic modelling and data analysis, reliability and risk assessment, safety management and decision making under uncertainty. They can utilize these competences to address real-life decisions in diverse domains of engineering and science. In their solutions, the graduates also account for organizational challenges and societal context.
Which professional opportunities can I take up with this qualification?
The MSc prepares you for an exciting career as a risk and safety expert, e.g., in
- Manufacturers, e.g., in automotive, aerospace, medical technology
- Transportation and infrastructure operators
- Certification and safety assurance
- Engineering consultancies
- Government agencies
- Technology start-ups
- Insurance and reinsurance
- Research and development
Structure
The MSc is organized in five blocks: Risk fundamentals, Risk methods & analysis, Risk & society, Risk management, Risk in practice. The MSc enables students to specialize in specific application domains by offering a large portfolio of courses from a wide range of domains represented at TUM. The MSc program values project-based learning and encourages interaction with industry, e.g., through a dedicated module “RiskLab”.
Costs
Tuition
HK$97,347.36
(international)
HK$0.00
(home)
Funding
Admissions
Qualifications
Selection takes place through an aptitude assessment procedure. The aptitude assessment is a two-part procedure after the submission of an official application to a program. In this procedure, the TUM school determines whether you meet the specific requirements for its Master’s degree program.
In the initial stages, the grades you obtained during your Bachelor’s program, as well as your written documents, will be evaluated using a point system. Depending on the amount of points accumulated, applicants are either immediately admitted, rejected or invited to an admissions interview.
Language requirements
TOEFL
88