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Master's Degree in Risk Management and Circular Economy: Risk Management and Circular Economy

Code: 18MCEL

Degree title
Master of Business Administration
Credits
90 ects
Duration
1.5 years (90 cr)
Start semester
Autumn 2018

Description

The Master's Degree in Risk Management and Circular Economy is a professional higher education degree. To be eligible for applying to the Master's degree programme in Risk Management and Circular Economy the applicant must have a Bachelor's degree in either in Engineering, Natural Resources or Business Administration and at least three years of work experience in the field after the completion of the Bachelor´s degree.

Background
Due to the growing global consumption of raw materials and global warming, there is a growing need for experts with the capacity to assess product and service life cycles and to improve material efficiency. In addition to technical know-how, experts must have the expertise in sustainability and economics. The design of products and services must also take into account their lifetime extension, reuse and recycling.
Risk Management and Circular Economy is an Master's degree program taught in English. The education focuses on innovative problem solving and planning for the circular economy and on the development of new methods, approaches and technologies. This Master's programme provides specialists that have expertise in risk management and circular economy principles and practices. Graduates will be able to apply and use LCA, sustainability and risk management measures to ensure products and services.

Aim of the programme
This Master’s programme aims to provide the society with experts who have the ability to analyse possibilities and risks in circular economy in accordance with the UN Nation Sustainable Development Agenda 2030.

Competences developed
After completing the studies, the students will be able to use Life cycle assessment (LCA) tools ensuring safe and sustainable products and services. They are able to use tools for sustainability and risk management and ensure their continuous development. The students are able to communicate effectively both in academia and for a wider audience. They are able to pose questions outside their own field of expertise and question traditional approaches.

Professional status
The degree complies with the criteria set by the Finnish national degree system as well as with the European framework for degrees and competences. The degree gives a qualification for a public appointment where a Master's degree is required.

Structure of studies
This Master's degree programme is 90 credits in extent for the students with degree in business administration and it takes 1.5 years to complete. The studies are mainly on-line courses including four intensive study weeks in Finland (4 days per week). It is possible to study on this master's programme while working full-time.
The studies include advanced professional studies 25 credits, master´s thesis 30 credits and free-choice studies 5 credits. In addition to these, the students with degree in business administration will study general master’s studies 30 cr in extent (totally 90 credits).

Show study timings by academic year, semester or period

Code Name Credits (cr) 2018-2019 2019-2020 Autumn 2018 Spring 2019 Autumn 2019 1. / 2018 2. / 2018 3. / 2019 4. / 2019 1. / 2019 2. / 2019
18MCEL-1000
Advanced Studies

(Choose all )

25
5F00DI36 Roadmap for Risk Management and Circular Economy 5 5 5 2.5 2.5
5F00DI37 Megatrends in Circular Economy 5 5 5 2.5 2.5
3I00DD10 Risk Management in International Operations 5 5 5 2.5 2.5
5F00DI38 Leadership for Sustainable Change 5 5 5 2.5 2.5
5F00DI40 Synergy using the PiñataMethod 5 5 5 2.5 2.5
18MCEL-1001
Free Choice Studies

(Choose ects: 5 )

5
18MCEL-1002
Master's Thesis

(Choose all )

30
5F00DI41 Master's Thesis 30 20 10 10 10 10 5 5 5 5 5 5
18MCEL-1003
General Master's Studies

(Choose all )

30
3I00DD11 Financial Management 5 5 5 2.5 2.5
3E00DC74 Academic Research and Practices 5 5 5 2.5 2.5
5F00DI87 Risk Management Case 5 5 5 2.5 2.5
5F00DI86 Recent Developments in Circular Economy 5 5 5 2.5 2.5
3I00DD08 Global Operations Management 5 5 5 2.5 2.5
3E00DC84 Communication and Conflict Management 5 5 5 2.5 2.5
Total 90 75 10 35 40 10 17.5 17.5 20 20 5 5

Code Name Credits (cr)
18MCEL-1000
Advanced Studies

(Choose all )

25
5F00DI36 Roadmap for Risk Management and Circular Economy 5
5F00DI37 Megatrends in Circular Economy 5
3I00DD10 Risk Management in International Operations 5
5F00DI38 Leadership for Sustainable Change 5
5F00DI40 Synergy using the PiñataMethod 5
18MCEL-1001
Free Choice Studies

(Choose ects: 5 )

5
18MCEL-1002
Master's Thesis

(Choose all )

30
5F00DI41 Master's Thesis 30
18MCEL-1003
General Master's Studies

(Choose all )

30
3I00DD11 Financial Management 5
3E00DC74 Academic Research and Practices 5
5F00DI87 Risk Management Case 5
5F00DI86 Recent Developments in Circular Economy 5
3I00DD08 Global Operations Management 5
3E00DC84 Communication and Conflict Management 5

Due to the timing of optional and elective courses, credit accumulation per semester / academic year may vary.

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