Overview

The Master's Programme in Risk Management is anevolution from the former Master's Program in Statistics and Information Management, with the specialization in Risk Analysis and Management, which is classified as the best Master's Degree in Risk Management in Portugal and the 2nd best in the World by Eduniversal (2025), an international agency that publishes an annual ranking of the best MBA and Master's programs in the world. While the name is being simplified, the program's structure and objectives remain unchanged.

Aligned with leading international standards such as those set by the CFA Institute and GARP, the program covers the essential knowledge needed for informed decision-making, in line with best practices and regulatory requirements (e.g., Basel III/IV and Solvency II).

With a current and innovative curriculum, the program takes a hands-on, practice-oriented approach, supported by a strong analytical foundation. It integrates cutting-edge techniques in machine learning, deep learning, and artificial intelligence. It also explores the ongoing transformation of the financial industry driven by the adoption of technologies like blockchain and AI across FinTech, InsurTech, RegTech, Decentralized Finance, and Crypto-assets.

Goals

This program aims to train technical staff and managers to:

Become familiar with operations and products that are part of the activity of financial institutions;

Identify and quantify risks associated with financial institutions;

Manage various current risks in institutions;

Take decisions based on quantifying techniques of economic value;

Manage the new European solvency systems for banking and insurance in a balanced way.

Applications phase

Applications for the 2026/27 academic year are now closed. Applications for the 2027/28 academic year will open in January 2027, and further information will be published shortly.

If you would like to continue investing in your professional development this year, explore our programs with applications open until October 29th, available on NOVA IMS' website.

Accreditation

NOVA IMS' degree programs are accredited by A3ES (Portuguese Agency for Assessment and Accreditation of Higher Education).

Get more details

Visit programme website

Programme Structure

Courses include:

Banking and Insurance Economics

Banking and Insurance Regulation and Supervision

Credit Risk Management

Dissertation/ Work Project

Financial Derivatives and Risk Management

Investments and Portfolio Management

Life Insurance

Market and Liquidity Risk Management

Non-Life Insurance

Check out the full curriculum

Visit programme website

Key information

Duration

Full-time
- 18 months

Start dates & application deadlines

Starting 2027-09-07 00:00:00
- Apply before 2027-05-13 00:00:00

Language

English

Credits

95 ECTS

Delivered

On Campus

Campus Location

Lisbon, Portugal

Disciplines

Statistics Risk Management Data Analytics View 3 other Masters in Statistics in Portugal

Explore more key information

Visit programme website

Join for free or log in to access our complete career info list.

Academic requirements

We are not aware of any specific GRE, GMAT or GPA grading score requirements for this programme.

English requirements

We are not aware of any English requirements for this programme.

Other requirements

General requirements

To enter this program, applicants must meet the following requirements:

Hold a bachelor’s degree in a compatible field

Be proficient in English (spoken and written)

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.

Studyportals partnered with Aon to provide you with the best affordable student insurance, for a carefree experience away from home.

Get your student insurance now

Starting 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 Universidade Nova de Lisboa and/or in Portugal, please visit Student Insurance Portal.

Make sure you meet all requirements

Visit programme website

Tuition Fees

Tuition fees are shown in and the most likely applicable fee is shown based on your nationality.

International Applies to you

Applies to you

Non-residents

5000 EUR / year

≈ 5000 EUR / year
EU/EEA Applies to you

Applies to you

EU/EEA Nationals

4000 EUR / year

≈ 4000 EUR / year

Living costs

Lisbon

Portugal

630 - 1123 EUR / month

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

Financial discount: students who choose to pay the tuition fee in two installments have a 2,5% discount on the payable amount.
NOVA IMS' Alumni ( Undergraduate, Postgraduate, Master Degree and Doctoral Programs) from a different program of the one they will attend have a 20% discount on the tuition fee, cumulative with the financial discount;
Companies that finance the program to 2 employees, in the same academic year, have a 10% discount on the tuition fee. This discount is not cumulative with other discounts;

Win a €10000 Scholarship! Deadline: 30 June 2020

Embark on your journey with the Studyportals Scholarship! We're giving away a total of 20,000 euros to help you achieve your dream of studying abroad.

Win a €10000 Scholarship! Deadline: 30 June 2020

Embark on your journey with the Studyportals Scholarship! We're giving away a total of 20,000 euros to help you achieve your dream of studying abroad.

Need help with your student visa?

Get Visa Support

Get personalized guidance from a certified VFS Global advisor and save 20% through Studyportals.

Avoid common visa mistakes and delays
Know exactly what documents you need
Get a clear checklist tailored to your situation

In order for us to give you accurate scholarship information, we ask that you please confirm a few details and create an account with us.

Loading

Scholarships Information

Below you will find Master's scholarship opportunities for Risk Management.

Available Scholarships

You are eligible to apply for these scholarships but a selection process will still be applied by the provider.

About

Overview

Goals

Applications phase

Accreditation

Get more details

Programme Structure

Check out the full curriculum

Key information

Duration

Start dates & application deadlines

Language

Credits

Delivered

Campus Location

Disciplines

Explore more key information

What students do after studying

Academic requirements

English requirements

Other requirements

General requirements

Student Insurance via Studyportals Partner

Make sure you meet all requirements

Tuition Fees

International Applies to you

EU/EEA Applies to you

Living costs

Lisbon

Funding

Need help with your student visa?

Scholarships Information

Available Scholarships

Our partners