Master’s in Risk Management in Ports, Rail and Airports Engineering
Online master's programme of 1,900 hours in Risk Management Engineering for Ports, Railways and Airports. 12 modules covering critical transport infrastructure, enterprise risk management, port, rail and airport risks, quantitative risk techniques, resilience and continuity, cybersecurity, asset management, risk transfer and governance, with an assigned technical tutor.
Master’s in Risk Management in Ports, Rail and Airports Engineering — studying from New Zealand
New Zealand's insurance and financial services sector is concentrated in Auckland and Wellington, with a strong focus on general insurance, life insurance and risk management. Natural hazard risk, particularly from earthquakes, is a major consideration, and the Earthquake Commission provides residential natural disaster cover. Actuarial and risk data professionals work for insurers, reinsurers, regulators and consultancies, with oversight from the Reserve Bank of New Zealand and the Financial Markets Authority.
Fees for New Zealand: NZ$15,700 (New Zealand dollar), with instalments and employer sponsorship available.
Relevant bodies in New Zealand
Typical roles
Questions from New Zealand
Which New Zealand bodies recognise actuarial and risk qualifications?
The Actuarial Society of New Zealand and the New Zealand Institute of Actuaries work alongside international bodies such as the Institute and Faculty of Actuaries. Membership and professional credentials in these fields are set by those bodies, not by private providers. SEIUM's qualifications are private and not accredited by any national body, so their standing depends on how your employer or the relevant body assesses them.
Do insurers and financial firms in New Zealand hire people with data and risk skills?
New Zealand's insurance, banking and government sectors do employ people in risk, pricing and data analysis, and the Reserve Bank and insurers both draw on these skills. Hiring usually depends on demonstrated technical ability and professional credentials. A SEIUM qualification can support your application, but whether it is valued is up to each employer.
How is the programme delivered and paid for?
The programme is 100% online and taught in English, so no student visa is needed to study from New Zealand. You are assigned a technical tutor and complete a final project. Fees are payable in instalments, and employer sponsorship is possible. Time commitment varies by programme, from 300 hours for specialist courses to 1,900 hours for master's programmes.
Take the controls.
Run a real engineering trade-off from this field. Move the sliders, watch the model react in real time and beat the challenge.
What you will be able to do
Analyse the risks of ports, railways and airports.
Implement enterprise risk management systems.
Apply quantitative risk assessment techniques.
Design resilience and business continuity plans.
Assess cybersecurity risks in operational systems.
Optimise risk-based asset management.
Structure risk transfer through insurance.
Who it's for
- Infrastructure risk managers at port authorities, rail infrastructure managers and airport operators.
- Railway safety managers responsible for safety management systems.
- Business continuity analysts working on critical transport services.
- RAMS engineers assessing reliability, availability and safety.
- Port security managers applying the ISPS Code.
- Resilience consultants advising infrastructure operators.
- Engineering or science graduates aiming to work for port authorities.
What you'll work with
- ISO 31000:2018 (risk management guidelines)
- ISO 22301:2019 (business continuity management systems)
- Directive (EU) 2022/2557 (resilience of critical entities)
- Law 8/2011 (Spanish critical infrastructure protection act)
- Directive (EU) 2016/798 (railway safety)
- Implementing Regulation (EU) 402/2013 (common safety method for risk assessment)
- ISPS Code (security of ships and port facilities)
- Regulation (EU) 139/2014 (requirements for aerodromes)
- Isograph Reliability Workbench
- Active Risk Manager
- @RISK
- GeNIe
- Power BI
12 modules · 1900 h
1.1Ports, railways and airports as systems1.2Interdependencies between infrastructures1.3Law 8/2011 on the protection of critical infrastructure1.4Directive (EU) 2022/2557 on the resilience of critical entities1.5Governance models and concessions1.6Public and private stakeholders1.7Critical assets and essential services1.8Operational performance indicators1.9History of major incidents1.10Case study: interdependency map of a logistics hub
2.1The ISO 31000 framework2.2The COSO ERM framework2.3Risk appetite and tolerance2.4Risk identification2.5Analysis and evaluation2.6Treatment and controls2.7Risk register2.8Key risk indicators2.9Integration with strategy2.10Workshop: risk register for a port authority
3.1Berthing and mooring operations3.2Container handling equipment3.3Dry bulk and liquid bulk terminals3.4Dangerous goods in port3.5The ISPS Code for port security3.6Fires and explosions at terminals3.7Marine pollution3.8Weather and wave risks3.9Port self-protection plan3.10Practical exercise: risk analysis of a container terminal
4.1The railway system: track, power and signalling4.2Directive (EU) 2016/798 on railway safety4.3Railway safety management system4.4Derailments and collisions4.5Level crossings4.6Railway tunnels4.7ERTMS/ETCS and signalling risks4.8Rolling stock and maintenance4.9Common safety method for risk assessment4.10Case study: assessment of a change under the CSM
5.1Aerodrome certification5.2Safety management system5.3Risks in the movement area5.4Civil aviation security5.5Wildlife and bird strike hazard5.6Fuel and storage depots5.7Airport emergency management5.8Works at operational airports5.9Coordination with air navigation services5.10Practical exercise: risk assessment of apron works
6.1Fault tree analysis6.2Event trees6.3Bow-tie analysis6.4RAMS analysis6.5Asset reliability models6.6Monte Carlo simulation6.7Bayesian networks6.8Consequence analysis6.9Risk acceptability criteria6.10Lab: fault tree of a signalling system
7.1Business continuity according to ISO 223017.2Business impact analysis7.3Recovery plans7.4Climate resilience of infrastructure7.5Prolonged disruption scenarios7.6Redundancies and alternative routes7.7Exercises and drills7.8Crisis communication7.9Lessons learned from major events7.10Case study: business continuity plan for a port
8.1OT systems in transport8.2The NIS2 Directive8.3The Spanish National Security Framework (ENS)8.4Physical security and perimeters8.5Cyber attacks on transport operators8.6Identity and access management8.7Protection of signalling systems8.8Incident response8.9Coordination with authorities8.10Practical exercise: cyber risk assessment of a terminal
9.1Asset management according to ISO 550019.2Asset life cycle9.3Criticality and prioritisation9.4Risk-based maintenance9.5Inspections and monitoring9.6Digital twins of infrastructure9.7Investment planning9.8Condition indicators9.9BIM data in operation9.10Workshop: criticality matrix for railway assets
10.1Infrastructure insurance programmes10.2Material damage and business interruption10.3Operators' liability10.4Construction insurance for expansions10.5Concession contracts and required insurance10.6Captives of infrastructure groups10.7Self-insurance and deductibles10.8Reinsurance of large risks10.9Management of significant claims10.10Case study: insurance programme for an airport
11.1Senior management responsibilities11.2Safety audits11.3Inspections by competent authorities11.4Accident investigation11.5Just safety culture11.6Occurrence reporting11.7Risk committees11.8Integrated risk reporting11.9Indicators for senior management11.10Practical exercise: risk report for the board
12.1Selection of the infrastructure12.2Regulatory and organisational context12.3Risk identification12.4Quantitative assessment12.5Treatment plan12.6Continuity plan12.7Transfer strategy12.8Conclusions12.9Master's Thesis report12.10Master's Thesis: defence before a panel
How you'll learn
100% online training on the SEIUM campus, with downloadable materials, recorded classes and an assigned technical tutor. There are no fixed timetables: you progress at your own pace within each intake, so the programme is compatible with work.
Each module combines theory, guided reading of the original standard and applied exercises. The working software is Isograph Reliability Workbench, Active Risk Manager, @RISK, GeNIe and Power BI, in free, academic or evaluation versions. Exercises are based on real procedures: quantitative risk assessment of transport infrastructure, design of business continuity plans, and asset criticality analysis. Assessment is continuous by module, plus the final Master's Thesis.
Standards covered: ISO 31000:2018, ISO 22301:2019, Directive (EU) 2022/2557 on the resilience of critical entities, Law 8/2011 on critical infrastructure protection, Directive (EU) 2016/798 on railway safety, Implementing Regulation (EU) 402/2013 on the common safety method, the ISPS Code and Regulation (EU) 139/2014 on aerodromes.
Build it end to end
Your final project follows the real engineering workflow, step by step, reviewed by your tutor.
Where this takes you
Requirements
- University degree in engineering, science or architecture, or equivalent demonstrable professional experience.
- Internet connection and a computer capable of running the programme software.
- English sufficient to read technical standards.
Ready to start?
Send your application today. Our admissions team replies within 72 hours with your study plan and funding options.
Frequently asked questions
The programme totals 1,900 hours over 12–14 months. You set your own pace within each intake, and your tutor helps you plan the workload around your job.
You work with Isograph Reliability Workbench, Active Risk Manager, @RISK, GeNIe and Power BI, using free, academic or evaluation versions. Your tutor indicates the free alternative wherever one exists.
A SEIUM Institute diploma, awarded on passing the continuous assessment and the Master's Thesis. It is SEIUM's own qualification, not an official state degree; its recognition depends on the programme completed and the regulations of each country.
Yes. Modules passed in a course or postgraduate diploma in the same area are recognised in the higher programme. Ask about the recognition policy when you enrol.
A university degree in engineering, science or architecture, or equivalent professional experience, plus a suitable computer and English sufficient to read technical standards.
Start dates are set by SEIUM's faculty for each intake. Our admissions team will confirm the next available date when you apply.
Related programmes
Master’s in Catastrophe Modelling and Infrastructure Resilience Engineering (Cat Modelling)
Online master's programme of 1,900 hours in Catastrophe Modelling and Infrastructure Resilience Engineering (Cat Modelling), structured in 12 modules covering cat model architecture, seismic, wind and…
Master’s in Actuarial Models with Telematics Data Engineering
Online master's programme of 1,900 hours in actuarial modelling engineering with telematics data, structured in 12 modules covering actuarial statistics, telematics data, frequency and severity models,…
Master’s in Data Governance and MLOps for Actuaries Engineering
Online master's programme of 1,900 hours in data governance and MLOps engineering for actuaries, structured in 12 modules covering data governance, actuarial data quality, lineage and…
More in Insurance, Risk & Actuarial Data
All Insurance, Risk & Actuarial Data programmes → · How to apply · Fees & financing · Scholarships