Measure, Mitigate and Manage Financial Risk in the Global Business Arena.
The rapid globalization of business and the escalating volatility of the financial markets have led to an increasing demand for professionals who are able to help firms efficiently manage their exposure to both financial and non-financial risk. Employees in the field of risk management must master the fundamentals of finance and possess an in-depth understanding of the structure and pricing of complex financial instruments as well as the inherent risks. These critical qualifications, which can greatly contribute to the overall effectiveness and success of an organization, have become a priority for today's financial managers, who recognize the acute necessity to employ advanced risk management strategies in their quest for superior results.
The Master of Financial Risk Management program places an emphasis on both technical and analytical abilities. The first term is designed to provide foundations in financial economics, econometrics, derivative securities and enterprise-wide strategic risk management. Courses in the second and third terms supplement and extend these foundations to various specialized topics such as credit, insurance and market risk. These topics provide the framework for students to choose the focus of their Project, an in-depth research paper on one aspect of the risk management spectrum.
The Master of Financial Risk Management is a full-time program delivered over three semesters, starting in September. A final project will require in-depth research related to the curriculum.
- Financial Econometrics*
- Foundations of Financial Economics*
- Derivative Securities I
- Enterprise-wide Strategic Analysis for Risk Management
- Capital Markets*
- Fixed Income Security Analysis
- Derivative Securities II
- Numerical Methods in Risk Management
- Market Risk Management
- Credit Risk Management
- Operational Risk Management
- Perspectives on Risk and Insurance
- Topics in Risk Management
- Final Project
* taken in conjunction with Global Asset and Wealth Management MBA students
Candidates are preferably working in the financial services sector and are recent graduates holding a bachelor's degree in a quantitative discipline such as business, economics, mathematics, the sciences or engineering. They are numerically astute and enjoy working in the stimulating, analytical environment of finance. They possess excellent written and oral communication skills, and you thrive on challenge.
- Undergraduate degree in quantitative disciplines such as business, economics, mathematics, the sciences, engineering or successful completion of the SFU Graduate Diploma in Business Administration program
- Preference will be given to candidates with two to three years of related work experience
- Excellent oral and written communications skills
- Graduate Management Admission Test (GMAT) minimum score of 550 with demonstrated strength in verbal and quantitative scores; or Graduate Record Exam (GRE)
- Three letters of reference from supervisors, colleagues, professors or significant clients
- Demonstrated proficiency in English is required if applicants have not graduated from a university where English is the language of instruction or if their first language is not English
- In-person or telephone interview with the admissions committee