Master of Financial Risk Management Program
Beedie School of Business
間眅埶AV Calendar 2012 Spring
The rapid globalization of business and escalating volatility of financial markets has increased demand for professionals with skills to effectively manage financial and non-financial risks facing financial institutions, in particular, and firms in general. The sutdy of both types of risk makes the master of financial risk management (MFRM) unique in Canada. MFRM graduates wll have a solid grounding in the fundamentals of finance, asset pricing, credit, market and enterprise risk management. They measure, mitigate and learn to manage such risks in the global business arena. The program reflects current trends in the finance industry and continues the University's heritage of innovation.
The program consists of three full-time terms.
間眅埶AV Requirements
間眅埶AV is based on the following.
- 間眅埶AV's online graduate studies application for admission
- MFM program application essay
- official undergraduate transcripts mailed directly from the granting institution
- a four year undergraduate degree in business, commerce, economics, mathematics, physics or other suitable quantitatively oriented programs. Candidates holding a professional designation such as a PRM or FRM and evidence of strong mathematics competency would also be ideal candidates. Students with a strong mathematical aptitude who have completed the graduate diploma in business administration offered by the University would be qualified for admission consideration
- preference is given to qualified candidates with at least two years of work experience
- proficiency in the English language
- resume
- three letters of reference, preferably from supervisors or former professors
- graduate management admission test (GMAT) results
- a recent passport-style photograph
- interview (shortlisted candidates only)
Applicants should also refer to the program website located at .
Program Requirements
A minimum 3.0 grade point average (B grade) is required and completion of all of the following 45 units.
- BUS 801-3 Financial Modeling Tools
- BUS 802-3 Foundations of Financial Economics
- BUS 803-3 Financial Econometrics
- BUS 805-3 Financial Economics II
- BUS 809-3 Equity Security Analysis and Portfolio Management I
- BUS 810-3 Fixed Income Security Analysis and Portfolio Management
- BUS 814-3 Derivative Securities I
- BUS 818-3 Derivative Securities II
- BUS 824-3 Law and Regulation of Financial Institutions
- BUS 857-3 Numerical Methods
- BUS 864-3 Credit Risk Management
- BUS 865-3 Market Risk Management
- BUS 870-3 Final Project for Financial Risk Management Students
Other graduate courses may be substituted for the courses listed above at the discretion of the academic director.
Elective Courses
Students complete one of
- BUS 866-3 Enterprise Risk Management for Financial Institutions
- BUS 816-3 Strategic Asset Allocation
and one of
- BUS 867-2 Accounting for Financial Instruments
- BUS 823-2 Introduction to Security Analysis
Academic Requirements within the Graduate General Regulations
All graduate students must satisfy the academic requirements that are specified in the Graduate General Regulations (residence, course work, academic progress, supervision, research competence requirement, completion time, and degree completion), as well as the specific requirements for the program in which they are enrolled, as shown above.