Risk management involves the identification, prioritization and assessment of financial risks. Students learn to help businesses reach their goals by reducing uncertainty. In the process, specific resources are applied with the goal of minimizing, controlling and monitoring possible losses or unfortunate events.

The official name of the country is the Grand Duchy of Luxembourg. It is found in Western Europe with German as the official language. The country has only one university: University of Luxembourg.

The MSc, or Master of Science, is an internationally recognized academic degree that indicates proficiency and knowledge of a given topic or field. Most MSc programs take about four years to finish, after which some join the workforce while others continue on in the classroom.