Master of Research: “Decision Making Under Uncertainty”
The EPSRC and ESRC Centre for Doctoral Training in Quantification and Management of Risk & Uncertainty in Complex Systems & Environments (CDT) comprises a one-year Master of Research (MRes) qualification, which is highly relevant preparation for the PhD study in Years 2 to 4.
Master of Research Programme 2016-2017
The MRes qualification comprises 180 credits in total, having four specific aspects of academic content with their associated credits identified below:
'Multidisciplinary Methods, Applications and Research Training' (30 credits), running the 1st and 2nd semester of the academic year. This module provides an introduction to the range of quantitative and qualitative methods / approaches used in the decision-making of risk and uncertainty, given from a diversity of discipline perspectives (e.g. Computer Science, Engineering, Environmental Sciences, Finance / Management and Psychology), this all delivered through a series of weekly master-classes focused on theoretical principles, techniques and methodologies, as well as real-world applications.
'Assessment and Communication of Risk' (15 credits), in the 2nd semester of the academic year. This module examines quantitative tools, industrial experiences and psychological theories related to the process of decision-making and communicating risk. The aim of the module is to provide an overview of the quantitative tools and relevant psychological theories in order to understand how a range of organisational, situational, individual and social factors may affect decision-making, leadership and communication processes in a range of high-risk and uncertain environments for industry/business.
A range of existing M-level modules (45 credits in total, from a menu of available options), offered across both the 1st and 2nd semesters. This specific and highly-recommended training is suggested by supervisors of each MRes student, relevant to their research project and themed area of multidisciplinary training. A form with a list of highly recommended optional modules has already been sent to you*. Please note that any optional module beyond that list will need to be approved by the Master Programme Director (Dr Alex Diaz).
'Multidisciplinary MRes Research Projects' (90 credits), which is taken throughout all of the 1st, 2nd and 3rd semesters. This research project is complemented by two annual Colloquia (held at Easter time and in early Summer), where a range of external experts in technical aspects of risk determination and uncertainty quantification provide master-classes, alongside skills sessions from academic publishing companies. This module provides students with the opportunity to undertake an extended research investigation relating to risk and uncertainty, in preparation for their subsequent three years of PhD studies. In the initial months of Semester 2 students will be required to refine the outline CDT research proposal given by their supervisors and industrial advisor, and put forward a Feasibility Study to be conducted over the majority of the MRes year. This will provide a resource for embarking onto the PhD investigation.