UNIVERSITY OF TORONTO · CANADA
Master of Financial Risk Management
Master's · Taught in en
At a glance
10 mo
Duration
—
IELTS
—
Tuition / yr
en
Language
Master's
Level
- 10 monthsProgram Duration
- #1 in CanadaQS Business Master’s Rankings 2023: Finance
- 618% of MFRM students employed within 6 months of graduation (Class of 2022-2024)
- $82,447Average starting salary with bonuses (Class of 2024)
- In-personLocation
- Toronto, CanadaGlobal City
The Master of Financial Risk Management (MFRM) program at the University of Toronto's Rotman School of Management is an intensive 10-month program designed to equip you with the technical expertise and communication skills essential for a career in financial risk management. It offers a practical and applied approach, connecting you with industry professionals and potential employers. The program focuses on preparing students for roles in compliance, financial risk, investment risk, credit risk, and operational risk. You'll gain deep subject matter expertise and technical skills, complemented by hands-on experience through a real-world industry project. The MFRM program is designed to be accelerated, well-connected, and supportive, with dedicated career services to help you launch your career in finance.
Careers
The Rotman MFRM program is designed to propel your career in financial risk management. With dedicated career services, you'll receive tailored support to navigate the job market and connect with potential employers. The program's strong ties to Toronto's financial sector provide ample networking and job opportunities.
- Financial Risk Manager
- Compliance Officer
- Investment Risk Analyst
- Credit Risk Analyst
- Operational Risk Analyst
Frequently asked questions
- What is the duration of the Master of Financial Risk Management program?
- The MFRM program is an intensive 10-month program designed to equip you with essential skills for a career in financial risk management.
- What are the typical career outcomes for MFRM graduates?
- Graduates are prepared for roles such as Financial Risk Manager, Compliance Officer, Investment Risk Analyst, Credit Risk Analyst, and Operational Risk Analyst. The Class of 2022-2024 reported a 618% employment rate within 6 months of graduation with an average starting salary of $82,447.
- What are the application deadlines for the MFRM program?
- Applications for the Master of Financial Risk Management program are currently closed, with information for the 2027 intake to be announced. Prospective applicants should monitor the Rotman School of Management website for updates.
- What are the tuition fees and living costs for the MFRM program?
- Specific tuition amounts and detailed living cost estimates are not provided on the program page. Prospective students should consult the University of Toronto's official fee schedules and research typical living expenses in Toronto.
- What are the entry requirements for the MFRM program?
- A strong undergraduate academic record is required, and applicants must demonstrate strong communication and analytical abilities. English language proficiency is also necessary, though specific IELTS or TOEFL scores are not detailed.
Entry requirements
Undergraduate DegreeA strong undergraduate academic record is required. Specific GPA requirements are not detailed but a competitive average is expected.
IELTSNot specified, but a high score is generally expected for graduate studies.
TOEFLNot specified, but a high score is generally expected for graduate studies.
The program also emphasizes communication skills and analytical abilities. Applicants are expected to demonstrate these through their application materials.
Fees
Tuition (international)Tuition fees are not specified on the program page. Please refer to the University of Toronto's official fee schedules for the most up-to-date information.
Tuition (home)Tuition fees are not specified on the program page. Please refer to the University of Toronto's official fee schedules for the most up-to-date information.
LivingEstimated living costs for Toronto are not detailed on the program page. Prospective students should research typical living expenses in Toronto, including accommodation, food, transportation, and personal expenses.
Information regarding specific tuition amounts for international and domestic students, as well as detailed living cost estimates, should be sought directly from the University of Toronto's admissions and financial aid offices.
How to apply
1. Check Admissions RequirementsEnsure you meet the academic and English language proficiency requirements for the MFRM program.
2. Prepare Application DocumentsGather necessary documents including academic transcripts, GMAT/GRE scores (if required), letters of reference, and a resume/CV.
3. Complete Online ApplicationFill out the online application form thoroughly and accurately on the University of Toronto's application portal.
4. Submit ApplicationSubmit your completed application before the specified deadline for the intended intake.
5. Attend an Interview (if applicable)Shortlisted candidates may be invited for an interview as part of the selection process.
6. Await Admission DecisionReceive notification of the admission decision from the Rotman School of Management.
Accreditation
The program is offered by the Rotman School of Management, University of Toronto, a highly-ranked business school.
Frequently asked questions
What is the duration of the Master of Financial Risk Management program?
+
The MFRM program is an intensive 10-month program designed to equip you with essential skills for a career in financial risk management.
What are the typical career outcomes for MFRM graduates?
+
Graduates are prepared for roles such as Financial Risk Manager, Compliance Officer, Investment Risk Analyst, Credit Risk Analyst, and Operational Risk Analyst. The Class of 2022-2024 reported a 618% employment rate within 6 months of graduation with an average starting salary of $82,447.
What are the application deadlines for the MFRM program?
+
Applications for the Master of Financial Risk Management program are currently closed, with information for the 2027 intake to be announced. Prospective applicants should monitor the Rotman School of Management website for updates.
What are the tuition fees and living costs for the MFRM program?
+
Specific tuition amounts and detailed living cost estimates are not provided on the program page. Prospective students should consult the University of Toronto's official fee schedules and research typical living expenses in Toronto.
What are the entry requirements for the MFRM program?
+
A strong undergraduate academic record is required, and applicants must demonstrate strong communication and analytical abilities. English language proficiency is also necessary, though specific IELTS or TOEFL scores are not detailed.