Minor in Risk Management Science

Requirements for Minor in Risk Management Science

Minor Programme Requirement (applicable to students admitted in 2025-26 and thereafter)

Students are required to complete a minimum of 21 units of courses, with at least 6 units at 3000 or above level as follows:

1. Required courses:
Units
RMSC2001 3
2. Elective courses:
(a) STAT1011 [a] 3
(b) STAT2102 [a] 3
(c) STAT2005
or one course from CSCI1510, 1520, 1530, 1540, 1550, 1580
3
(d) Three courses from RMSC 4001, 4002, 4003, 4004, 4005, 4006, 4007, STAT 4004
9
Total:
21

Explanatory Notes:

[a] Students can take either the STAT course or its corresponding equivalent or closely related course, but not both, as listed below to fulfill the requirement:

STAT courses Equivalent/closely related courses
STAT1011 Introduction to Statistics
STAT1012 Statistics for Life Sciences
STAT2001 Basic Concepts in Statistics and Probability I
DOTE2011 Statistical Analysis for Business Decisions
FINA2220 Quantitative Methods for Actuarial Analysis I
ENGG2760 and ENGG2780 (4 units) or
ESTR2018 & ESTR2020 (4 units)
Probability for Engineers (ENGG2760/ESTR2018)
Statistics for Engineers (ENGG2780/ESTR2020)
ECON2121 Methods of Economic Statistics
GRMD2102 Fundamental Statistics for Geographers
SOCI2004 Social Statistics
STAT2102 Basic Statistical Concepts
and Methods II
STAT2006 Basic Concepts in Statistics and Probability II
DOTE2021 Applied Econometrics for Business Decisions

[b] No more than 10 units of courses taken to fulfill the requirements of the students’ Major Programme(s) and other Minor Programme(s) respectively can be used to fulfill the requirements of this Minor Programme.

[c] This Minor Programme is not applicable to students who major in Quantitative Finance and Risk Management Science.