The Master of Science in Financial Risk Management will provide students with comprehensive, foundational knowledge of the current state of risk management issues, methodologies and challenges. This program is ideal for candidates who are just beginning their careers in finance, as well as for professionals who want to strengthen their knowledge and skills in this area. Recent college graduates who are planning for careers in finance will gain a solid grounding in all areas of financial risk management, and will be well prepared for entry-level positions in risk management in all types of financial institutions. Candidates who are more advanced in their careers will gain knowledge of current risk management tools, methodologies, and techniques, many of which have changed significantly in recent years following the financial crisis. The program also provides students the academic background needed for the professional certification tests of the leading professional financial risk management associations including the Financial Risk Manager (FRM) certification of the Global Association of Risk Professionals (GARP) and the Professional Risk Manager (PRM) certification of the Professional Risk Managers International Association (PRMIA).
Course | Title | Credits |
Preliminary Courses (0-9 Credits) Students with appropriate academic background will be able to reduce the number of credits in preliminary requirements. | ||
Firms in the Global Economy | 1.5 credits | |
Fundamentals of Macroeconomics | 1.5 credits | |
Introduction to Quantitative Tools for Finance | 3 credits | |
Corporate Finance | 3 credits | |
Required Courses (22.5 credits) | ||
* | Business Communication I | 1.5 |
Econometrics - Theory and Applications I | 3 credits | |
Investment Analysis | 3 credits | |
Debt Instruments and Markets | 3 credits | |
Options Markets | 3 credits | |
Measurement and Management of Market Risk I | 1.5 credits | |
Measurement and Management of Market Risk II | 1.5 credits | |
Measurement and Management of Credit Risk I | 1.5 credits | |
Measurement and Management of Credit Risk II | 1.5 credits | |
Measurement and Management of Risks in Operations and Information Technology | 1.5 credits | |
Measurement and Management of Risks in Investments | 1.5 credits | |
Elective Courses (7.5 Credits) | ||
Technical Analysis | 3 credits | |
Mergers and Acquisitions | 3 credits | |
| Entrepreneurial Finance | 3 credits |
Intermediate Corporate Finance | 3 credits | |
Futures and Forward Markets | 3 credits | |
Management of Financial Institutions | 3 credits | |
Financial Markets and Intermediaries | 3 credits | |
International Financial Markets | 3 credits | |
International Corporate Finance | 3 credits | |
Equity Markets: Trading and Structure | 3 credits | |
Seminar in Finance | 3 credits | |
Advanced Corporate Finance | 3 credits | |
Advanced Investment Analysis | 3 credits | |
Classical Foundations of Financial Risk Management | 1.5 credits | |
Implications of Corporate Governance, Regulation, and Ethics for Risk Management | 1.5 credits | |
Debt Securities | 1.5 credits | |
Futures and Forwards | 1.5 credits | |
Options | 1.5 credits | |
International Financial Markets | 1.5 credits | |
Venture Capital | 1.5 credits | |
Special Topics in Investments | 1.0 credit | |
Special Topics in Investments | 1.5 credits | |
Special Topics in Investments | 2 credits | |
Special Topics in Investments | 3 credits | |
Special Topics in Corporate Finance | 1.0 credit | |
Special Topics in Corporate Finance | 1.5 credits | |
Special Topics in Corporate Finance | 2 credits | |
Special Topics in Corporate Finance | 3 credits | |
Risk Management in Financial Institutions | 3 credits | |
Money, Banking, and Monetary Policy | 3 credits | |
Econometrics - Theory and Applications II | 3 credits |
*Effective spring 2016.