
Master in Quantitative Asset and Risk Management (ARIMA)
Katowice, Poland
DURATION
2 Years
LANGUAGES
English
PACE
Full time
APPLICATION DEADLINE
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EARLIEST START DATE
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TUITION FEES
PLN 6,500 / per semester *
STUDY FORMAT
On-Campus
* non-EU students: 6500 PLN per semester | Polish, holders of Polish Card, EU students and others: 2000 PLN per semester
Introduction
Program ARIMA is fully conducted in English. Here you will learn about the practical ways of applying quantitative methods in finance and insurance. The program concentrates on practical aspects of measurement and risk valuation in asset management (both in financial and insurance markets).
The students of this specialization have an amazing opportunity to gain additional diplomas (Double Degree) from universities:
- University of Applied Sciences BFI Vienna (Austria);
- University of Bologna (Italy)
- Alexandru Ioan Cuza University of Iaşi (Romania)
- University of Economics in Katowice (Poland).
Moreover, thanks to CFA accreditation, the best students may get funding for examinations. As for PRMIA accreditation, it allows students to pass one of two PRMs ( Professional Risk Manager).
Are you ambitious and do you have a clearly defined goal? Is the world of numbers and finance your cup of tea? Do you have aspirations for an international career? Then ARIMA is for you! The double degree, international experience, and specialized language skills prepare you to enter the world of international finance, where your working opportunities are just around the corner!
Program structure
The program was constructed to balance the theory of asset and risk management with its practical counterpart. ARIMA students broaden their knowledge in the field of risk measurement, valuation of financial instruments as well as model-based management. Additionally, the use of IT tools (VBA, R, MATLAB, Python) provides support during the process of knowledge application, where it can become a fundament of understanding the advanced modeling and valuation techniques.
In this course, students work in small groups. The individual approach allows a more flexible timetable, for example, modules 2 days per week. The elastic study time and also fitting the exam schedules for the working students is a perfect option for those who want to start their career during university.
Lecturers
Our professors create a highly qualified team with fluent English skills, and the majority have great experience in international cooperation. They apply innovative educational methodologies, such as acquisition methods or practical methods with the use of new technologies eg. simulator games. For the students, they combine the theory of business with the practical aspects of it. Our University frequently invites guest professors from foreign Universities, but also professionals from the field, among all from UBS Solution - the business partner of the course ( and the whole Finance and Accounting Department).
Gallery
Admissions
Curriculum
Program structure
1st Semester
- Fundamentals of Mathematics and Statistics
- Fundamentals of Finance
- Fundamentals of Economics
- Programming and Databases
- Multivariate Methods
- Time Series Analysis
- Equity and Foreign Exchange Derivatives
- Fixed Income and Credit Derivatives
2nd Semester
- Measurement of Market Risk
- Measurement of Credit Risk
- Measurement of Non-life Risk
- Measurement of Life Risk
- Introduction to Asset Management
- Asset class IR Products
- Asset class Equity
- Asset class Credit Products
- Asset class Foreign Exchange
- Alternative Investments
- Structured Products
- Financial Reporting Standards
- Research Seminar
3rd Semester
- Bank Management
- Risk Controlling and Organisation of Market Risk
- Risk Controlling and Organisation of Credit Risk
- Operational Risk for Banks
- Asset and Liability Management and Insurance Management
- Management Life Risk
- Management Non-Life Risk
- Integrated Aspects of Asset Management
- Legal Framework and Ethics
4th Semester
- Advanced Topics
- Advanced Issues in Corporate Finance
- Master Thesis Seminar
Total: 120 ECTS
Program Outcome
Competences after graduation
The ARIMA graduates know and can apply advanced techniques of:
- asset price valuation and risk management;
- asset management;
- risk management;
- insurance management.
The double degree system and international accreditations greatly raise educational standards, which opens work opportunities for national and international prospects.
Program Tuition Fee
Career Opportunities
The obtained practical knowledge of Business English and quantitative methods, simultaneously with finishing ARIMA significantly facilitates getting a job in financial institutions like: general and investment banks, investment and pension funding, also IT and consulting companies.
ARIMA graduates may work as:
- portfolio/asset manager;
- middle- and top-level manager;
- financial analyst;
- financial advisor;
- management consultant;
- independent entrepreneur.
Facilities
Program Admission Requirements
Show your commitment and readiness for Grad school by taking the GRE - the most broadly accepted exam for graduate programs internationally.