Graduate Certificate in Risk Management

(Restricted to MSMF and MSDS students)

Admission Requirements for Certificate

Students enrolled in the degree programs who have completed their first year with a GPA of 3.0 or higher and have taken the prerequisite courses are eligible to earn the certificate in financial statistics and risk management. Most students can complete their degree program requirements within three semesters and students who wish to earn the certificate can complete the additional requirements by the end of their fourth semester. Students are required to complete the five courses designated for the certificate with grade B or higher.

 Menu of Courses and Certificate Requirements

An MSMF student must complete five required courses in FSRM program, or equivalent courses (approved by the managing committee). Three of the five are in addition to the ten three-credit courses required by the MSMF degree program. The pre-requisites and syllabi of all courses are determined by the programs offering those courses.

Required: These two count as equivalent courses and towards the MSMF degree and Risk Management Certificate.  

• 16:220:607 Econometrics I
• 16:332:503 Programming Methodology for Numerical Computing and Finance (C++)

Choose at least three:

• FSRM 16:958:534 Advanced Methods/Statistics for Risk Management Practice (offered in Spring)
• FSRM 16:958:590 Foundations of Financial Statistics & Risk Management (offered in Fall)
• FSRM 16:958:535 Advanced Statistical Methods in Finance (offered in Spring)
• FSRM 16:958:587 Advanced Simulation Methods for Finance (offered in Fall)
• FSRM 16:958:536 Advanced Risk Evaluation and Management (offered in Fall)

 Certificate sample pathway