Program Overview
The Financial Risk Management at University of Toronto is a Master programme in Business & Management over 8 months, delivered On-campus. This programme equips graduates with advanced knowledge and practical skills for professional and academic careers in the field.
Students gain a rigorous grounding in both the theoretical foundations and applied dimensions of business & management. The programme combines coursework, research components, and practical projects that develop critical thinking, problem-solving, and specialist expertise relevant to industry and research needs.
Graduates of the Financial Risk Management programme are well-prepared for careers in academia, industry, government, and the private sector across Canada and internationally. The programme provides an internationally recognised qualification within the Bologna higher education framework.
Key Program Features
- Duration: 8 months
- Language of instruction: English
- Study mode: On-campus
- English requirement: IELTS 7
- Tuition: CAD 60,375 (Tuition (Full programme)) — International students; CAD 43,200 (Tuition (Full programme)) — National students
- Location: Toronto, Canada
Career Opportunities
Graduates of the Financial Risk Management programme are prepared for diverse careers in business & management:
- Business Analyst
- Management Consultant
- Product Manager
- Strategy Analyst
- Operations Manager
- Entrepreneur
Program Curriculum
Course Structure
- Market Risk
- Financial Markets, Risk and Institutions
- Regulation of Financial Institutions
- Operational Risk
- Probabilistic Modeling for Risk-Informed Decisions
- Integrated Risk Management project
- Credit Risk
- Macroeconomics for Financial Risk Management Professionals
- Derivative Models for Risk Management
- Advanced Investments
- Risk Management for Pension Funds and Insurance Companies
Admission Requirements
Academic Requirements
1. Undergraduate degree:
\nBusiness,\ncommerce, economics, mathematics, engineering or actuarial science degrees will\nbe preferred, but other 4-year undergraduate degrees will be considered if\nthere is evidence of strong quantitative skills.
\nMinimum\nB average required across courses in the final year but most students admitted\nwill have a considerably higher GPA. If you studied outside of Canada, please visit our website and consult the School of Graduate Studies\' site for GPA conversion.
\n2. Quantitative proficiency:
\nEvidence\nof a high level of proficiency (a GPA of at least 3.0) in quantitative subjects\nsuch as calculus, linear algebra, statistics and econometrics is required. In\ncases where evidence of quantitative ability is not obvious, applicants may be\nasked to supply a GMAT/GRE score or other supplementary evidence of\nquantitative ability. Knowledge of VBA is strongly preferred.
\n3. Prerequisite courses:
\nBefore\nthe program begins in September, applicants must have completed prerequisite\ncourses in the following areas:
\n· \nIntroductory/Corporate Finance
\n· \nFinancial Accounting
\n· \nInvestments
\n· \nFutures and Options
\nIf\nyou have not completed courses in these areas as part of your undergraduate\ndegree, you can obtain conditional acceptance to the program. Contact us if you\nhave further questions after reviewing the detailed prerequisite courses\ninformation.
\n4. English language proficiency:
\nApplicants\nmust demonstrate the ability to communicate in English in one of the following\nways:
\na) An\nundergraduate or graduate degree from a university at which the language of\ninstruction and examination was English
\nb)\nSatisfactory performance on a standardized English Language Test. Minimum TOEFL\nscore of 100 is required. IELTS may be considered in special circumstances and\na minimum score of 7.0 will be required.
\nIf\nyou have studied at an English-language university outside of Canada, official\nconfirmation of English as the language of instruction and examination from\nyour university will be required.
\n5. Two Academic References
\n6. On-line application (includes 2 written and 2 video\nessays) & Interview
\n
English Proficiency: IELTS 7 or equivalent.
Tuition & Financial Information
Tuition Fee
CAD 60,375 (Tuition (Full programme)) — International students; CAD 43,200 (Tuition (Full programme)) — National students
Tuition fees: CAD 60,375 (Tuition (Full programme)) — International students; CAD 43,200 (Tuition (Full programme)) — National students
IELTS requirement: 7
Financial Aid & Scholarships
Contact University of Toronto directly for scholarship, grant, and financial aid information for this programme. Many European universities offer merit-based and need-based funding for international and domestic students.
About University of Toronto
University of Toronto
Toronto, Canada
public research university in the Greater Toronto Area of Ontario, Canada
University Profile- Language English
- Duration 8 months
