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2010-2011 Calendar | Business Administration |
Master of Business Administration (Financial Risk Management) Program
Faculty of Business Administration
91泡芙 Calendar 2010-2011
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 that are facing firms. The study of both types of risk makes the master of financial risk management (MFRM) unique in Canada. MFRM graduates will have a solid grounding in the fundamentals of finance, asset pricing, credit, market, operational and enterprise-wide strategic 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鈥檚 heritage of innovation.
The program consists of three full-time terms.
Admission Requirements
Admission is based on the following.
- 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
- an in-person or telephone interview with the admissions committee
- proficiency in the English language
The admissions committee reserves the right to waive qualifications in exceptional circumstances.
Application
Beyond general University graduate requirements, including demonstration of English language competency when an applicant鈥檚 previous education has been in a language other than English, applicants must submit the following documentation.
- application for admission to the MFRM program
- graduate management admission test (GMAT) score report or the graduate record exam (GRE)
- a transcripts of grades from a four year undergraduate degree, mailed directly from the granting institution
- three confidential letters of reference, mailed directly from the referees
- a recent passport style photograph
- a current curriculum vitae
Program Requirements
A minimum 3.0 grade point average (B grade) is required and completion of all of the following 42 units.
- BUS 802-3 Financial Economics
- BUS 803-3 Financial Econometrics
- BUS 805-3 Capital Markets
- BUS 810-3 Fixed Income
- BUS 814-3 Derivative Securities
- BUS 818-3 Advanced Topics in Business Finance
- BUS 857-3 Numerical Methods
- BUS 863-3 Operational Risk Management
- BUS 864-3 Credit Risk Management
- BUS 865-3 Market Risk Management
- BUS 866-3 Enterprise-wide Strategic Risk Management
- BUS 868-3 Perspectives on Risk and Insurance
- BUS 869-3 Topics in Risk Management
- BUS 870-3 Final Project
Other graduate courses may be substituted for the courses listed above at the discretion of the academic director.
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.