Rotman School of Management, University of Toronto

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Program overview

Ten months that will focus your potential

The Master of Financial Risk Management is a full-time program that runs from September to June.

The program, in brief 

MFRM Program Schedule: Fall Academic Session (September to December) | Risk Management Project (January to mid-March) | Spring Academic Session (Mid-March to end-June)

September to December, five courses

  • Financial Markets, Risk and Institutions
  • Regulation of Financial Institutions
  • Operational Risk
  • Advanced Investments
  • Innovations in Financial Technology

January to mid-March: Risk Management Project

The integrated Risk Management Project is a major research project involving a risk management issue that is relevant and of interest to financial institutions. Students will work closely with practicing risk management professionals, while receiving oversight from faculty mentors. They will present their findings to practitioners, fellow students and faculty in early February.

Samples of project topics include:

  • Present the pros and cons of hedging FX exposure for a pension plan
  • Estimate trading book loss due to global market shocks for CCAR
  • Compare the reliability and relevance of different liquidity metrics
  • Propose a technology solution for non-cleared OTC derivatives
  • Assess the impact of IRRBB regulation on Canadian banks 

Mid-March to end-June, five courses:

  • Topics in Financial Risk
  • Credit Risk
  • Probabilistic Modelling for Risk-Informed Decisions
  • Macroeconomics for Financial Risk Management Professionals
  • Derivative Models for Risk Management

Detailed course descriptions give you a sense of what you will learn. 

Throughout the program there will be presentations (both as part of scheduled classes and outside scheduled classes) with practitioners working in different areas of risk management. Curriculum is subject to change.

Experiential elements

The program includes a wide variety of experiential and online learning opportunities for you to participate in continuous learning, communication and collaboration.

The experiential coursework provides you with learning experiences that are:

  • Relevant: Involving business data and simulations that mimic real-life risk experiences
  • Engaging: Enjoy rich, interactive online content
  • Hands-on: Allowing you to put theory into practice in a learning environment

Communications and networking opportunities

Feedback from industry senior executives across the financial sector puts communication ‘soft skills’ excellence as essential for success. Throughout the program, students will have opportunities to:

  1. Enhance presentation skills through co-curricular professional development workshops and by presenting throughout the program 
  2. Develop professional presence, communication and networking skills through extracurricular workshops 

Self-Development Lab (SDL)

Sessions in small groups help to develop your communication, professional and interpersonal skills. The feedback-based learning style allows you to improve your skills immediately and serves to complement your theoretical learning in the classroom.

You can find out more about the way MFRM students interact with the Self-Development Lab by visiting the SDL webpages.

Rotman's Master of Financial Risk Management

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The first application deadline is November 20, 2019.

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Tip: Apply early to maximize entrance award consideration

Key Facts

Duration

  • 10 months, full-time

Intake

  • September, one intake per year

Tuition fee (2019 entry):

  • Domestic = $39,850 CAD
  • International = $63,430 CAD 


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