Overview
The Financial Risk Management programme at the University of Toronto is a highly specialised professional degree designed to equip graduates with the technical expertise and communication skills required for success in the financial sector. This accelerated 10-month course bridges the gap between academic theory and professional practice, preparing students for high-demand roles in credit, investment, and operational risk. Students benefit from a curriculum that integrates advanced quantitative modelling with practical applications in a real-world business context.
Why Financial Risk Management at the University of Toronto?
Studying at the University of Toronto offers students access to one of the world's top-ranked institutions and a premier global financial hub. The programme is ranked first in Canada by the QS Business Master’s Rankings for Finance, reflecting its academic rigour and strong industry reputation. Students learn from seasoned business leaders and faculty who are experts in their fields, ensuring the curriculum remains at the forefront of industry trends. Located in the heart of downtown Toronto, the school provides an incomparable networking environment, connecting students with the headquarters of major banks, insurance companies, and fintech firms.
Tuition Fee Breakdown
- International fee: CAD 39850 per year
- National fee: CAD 19925 per year
Visit the Fees and Funding section for a breakdown in your local currency.
Syllabus
The curriculum is delivered in an accelerated format, combining core academic modules with a dedicated experiential project. Students also participate in the Self-Development Lab to refine their professional interpersonal skills.
Modules may include:
- Derivative Models for Risk Management
- Operational Risk
- Financial Technology
- Credit Risk
- Probabilistic Modelling for Risk-Informed Decisions
- Macroeconomics for Financial Risk Management Professionals
- Financial Markets, Risk, and Institutions
- Advanced Investments
- Topics in Financial Risk
Careers with Financial Risk Management
Graduates of the programme are highly sought after by leading global organisations, with a high employment rate within six months of completion. The dedicated career services team provides one-on-one coaching, mock interviews with industry professionals, and technical interview preparation to ensure students are competitive in the job market. Graduates have secured diverse roles such as:
- Credit Risk Strategy Analyst at Bell
- Equity Research Associate at Credit Suisse
- Financial Engineering and Modelling Consultant at Deloitte
- Investment Risk Analyst at IA Financial
- Manager of Counterparty Credit Risk at RBC and Scotiabank
- Model Risk Specialist at BMO
- Risk Analyst at OMERS
- Treasury Analyst at TD
- Valuations Consultant at KPMG
Programme Structure
Courses include:
- Derivative Models for Risk Management
- Regulation of Financial Institutions
- Operational Risk
- Advanced Investments
- Innovations in Financial Technology
- Risk Management Project
- Topics in Financial Risk
- Credit Risk
- Probabilistic Modeling for Risk-Informed Decisions
- Macroeconomics for Financial Risk Management Professionals
- Financial Markets, Risk and Institutions
Key information
Duration
- Full-time
- 10 months
Start dates & application deadlines
- Starting
- Apply before , National
- Apply before , International
-
Language
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Delivered
Campus Location
- Toronto, Canada
Disciplines
Finance Risk Management View 53 other Masters in Finance in CanadaWhat students do after studying Business & Management
This information is based on LinkedIn alumni data for graduates from 2018 to 2024 and may not fully represent all career outcomes
Academic requirements
We are not aware of any specific GRE, GMAT or GPA grading score requirements for this programme.
English requirements
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- 98 accuracy using real exam data
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Other requirements
General requirements
- Undergraduate degree:
Minimum B average required across courses in the final year but most students admitted will have a considerably higher GPA.
- Quantitative proficiency:
Evidence of a high level of proficiency (a GPA of at least 3.0) in quantitative subjects such as calculus, linear algebra, statistics and econometrics is required. I
- Prerequisite courses:
Before the program begins in September, applicants must have completed prerequisite courses in the following areas: Foundations of Finance, Financial Accounting, Financial Derivatives, Investments.
- Two academic references
Work experience
Work experience is not required for this program.
Technological requirements
Prior to starting the program, all admitted students must complete a four-week Python for Business Course that will be offered by the Rotman School of Management. The course is to ensure everyone in the program has a minimum base level ability with Python. It will consist of two tests and a guided capstone project. The course is a beginner to moderate level. Students can expect to commit six hours to the course over four weeks. The course and capstone must be completed by the end of June.
Student Insurance via Studyportals Partner
Make sure to cover your health, travel, and stay while studying abroad. Even global coverages can miss important items like Additional medical costs, Repatriation, Liability etc. Make sure your student insurance covers your needs.
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Get your student insurance nowStarting from €0.53/day, free cancellation any time.
Remember, countries and universities may have specific insurance requirements. To learn more about how student insurance work at University of Toronto and/or in Canada, please visit Student Insurance Portal.
Tuition Fees
-
International Applies to you
Applies to youNon-residents39850 CAD / year≈ 39850 CAD / year -
Domestic Applies to you
Applies to youCitizens or residents19925 CAD / year≈ 19925 CAD / year
Additional Details
- Please visit our website for the most up-to-date fees and funding information.
Living costs
Toronto
The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.
Funding
The Rotman School strives to recruit the best candidates to its programs, and is committed to helping you afford your education. Please visit our website for a list of our current funding opportunities.
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Scholarships Information
Below you will find Master's scholarship opportunities for Financial Risk Management.
Available Scholarships
You are eligible to apply for these scholarships but a selection process will still be applied by the provider.
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