ETH ZURICH · SWITZERLAND
Quantitative Risk Management (MSc)
Master's · Taught in en
At a glance
18 mo
Duration
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IELTS
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Tuition / yr
en
Language
Master's
Level
- Focus on advanced statistical methods for market risks.Market Risk Methods
- In-depth study of multivariate models and copulas.Dependence Modeling
- Comprehensive coverage of Extreme Value Theory (EVT).Extreme Value Theory
- Introduction to Credit Risk and Operational Risk.Credit & Operational Risk
- Application of risk modeling in finance.Financial Application
The Master of Science in Quantitative Risk Management (QRM) at ETH Zurich provides a rigorous academic foundation in the quantitative methods essential for understanding and managing financial risks. This program focuses on the application of probability theory and statistical methods to model and assess various types of risk, including market risk, credit risk, and operational risk. Students will delve into complex financial models, learn to analyze risk factors, and understand the principles behind loss distributions. The curriculum emphasizes both theoretical knowledge and practical application, equipping graduates with the skills to tackle challenges in the financial industry. The program is designed for students with a strong background in mathematics and statistics who are seeking to specialize in the quantitative aspects of risk management.
Curriculum
The curriculum is structured to provide a comprehensive understanding of quantitative risk management, covering foundational concepts to advanced modeling techniques.
- Year 1
- Basics of Quantitative Risk Management
- Standard Statistical Methods for Market Risks
- Multivariate Models for Risk Factors: Basics
- Multivariate Models: Normal Mixtures and Elliptical Models
- Copulas and Dependence
- EVT I: Maxima and Worst Case Losses
- EVT II: Modelling Threshold Exceedances
- Introduction to Credit Risk
- Operational Risk and Insurance Analytics
Careers
Graduates of the Quantitative Risk Management program are well-prepared for a variety of roles in the financial sector and beyond, leveraging their strong analytical and quantitative skills.
- Risk Manager
- Quantitative Analyst (Quant)
- Financial Engineer
- Data Scientist
- Actuary
- Portfolio Manager
- Credit Risk Analyst
- Operational Risk Analyst
Frequently asked questions
- What are the admission requirements for the MSc in Quantitative Risk Management?
- A relevant Bachelor's degree is required for admission to the Master's program. Specific entry requirements, including subject prerequisites and minimum GPA, should be verified on the ETH Zurich admissions website.
- What is the language of instruction for this program?
- The provided data does not specify the language of instruction for the MSc in Quantitative Risk Management. Please refer to the ETH Zurich website for this information.
- How do I apply to the Quantitative Risk Management MSc program?
- You need to check the admission requirements, prepare documents like transcripts and a letter of motivation, complete the online application form, and submit it during the application period. The process is managed centrally by ETH Zurich.
- What are the application deadlines?
- The application period is typically from November to December for the following autumn intake. Admission decisions are usually announced by March, and the enrollment deadline is typically in September.
- What are the tuition fees for international students?
- Tuition fees are typically a semester fee, not per-credit or per-year. Specific fee details can be found on the ETH Zurich website.
- What career opportunities are available after completing this program?
- Graduates can pursue roles such as Risk Manager, Quantitative Analyst, Financial Engineer, Data Scientist, Actuary, and Portfolio Manager in the financial sector.
Entry requirements
Swiss matriculation certificate or equivalentRequired for admission to Bachelor's programs. For Master's programs, a relevant Bachelor's degree is required.
Admission to Bachelor's programs can be without an entrance exam, with a reduced exam, or with a comprehensive exam. Specific admission requirements for Master's programs are detailed on the ETH Zurich admissions website.
Fees
Tuition (international)—
Tuition (home)—
Living—
Tuition fees for Master's programs at ETH Zurich are typically a semester fee, not a per-credit or per-year tuition charge. Specific fee details can be found on the ETH Zurich website.
How to apply
1. Check Admission RequirementsVerify that your academic background and qualifications meet the specific entry requirements for the Quantitative Risk Management MSc program. Pay attention to subject prerequisites and minimum GPA.
2. Prepare Required DocumentsGather all necessary documents, which typically include transcripts, diplomas, proof of English proficiency, a curriculum vitae (CV), a letter of motivation, and potentially letters of recommendation.
3. Online ApplicationComplete the online application form on the ETH Zurich admission portal during the application period. Upload all required documents electronically.
4. Submit Application FeePay the non-refundable application fee if required.
5. Admission ReviewThe Admissions Committee will review your application. If successful, you will receive an admission offer.
6. Accept Offer and EnrollIf admitted, formally accept the offer and complete the enrollment process by the specified deadlines.
Scholarships
ETH Zurich Excellence Scholarship & Master's ScholarshipFull scholarship for MSc studies, living expenses, and tuition fees covered.
Swiss National Science Foundation (SNSF) fundingVariable, depending on the scheme.
Accreditation
ETH Zurich is a leading public research university, renowned for its academic excellence and scientific rigor. While specific program accreditations may vary, the degrees awarded by ETH Zurich are highly recognized internationally.
Frequently asked questions
What are the admission requirements for the MSc in Quantitative Risk Management?
+
A relevant Bachelor's degree is required for admission to the Master's program. Specific entry requirements, including subject prerequisites and minimum GPA, should be verified on the ETH Zurich admissions website.
What is the language of instruction for this program?
+
The provided data does not specify the language of instruction for the MSc in Quantitative Risk Management. Please refer to the ETH Zurich website for this information.
How do I apply to the Quantitative Risk Management MSc program?
+
You need to check the admission requirements, prepare documents like transcripts and a letter of motivation, complete the online application form, and submit it during the application period. The process is managed centrally by ETH Zurich.
What are the application deadlines?
+
The application period is typically from November to December for the following autumn intake. Admission decisions are usually announced by March, and the enrollment deadline is typically in September.
What are the tuition fees for international students?
+
Tuition fees are typically a semester fee, not per-credit or per-year. Specific fee details can be found on the ETH Zurich website.
What career opportunities are available after completing this program?
+
Graduates can pursue roles such as Risk Manager, Quantitative Analyst, Financial Engineer, Data Scientist, Actuary, and Portfolio Manager in the financial sector.