Financial Risk Management

Overview

MSc Financial Risk Management is a year-long full-time programme delivered in-person. Students start with an intensive induction week before undertaking eight modules across the first and second semesters. In the final semester, students either study an Applied Research Project or Dissertation.



Studying Financial Risk Management looks at how organisations and investors should understand, evaluate and address relevant risks to maximise the chances of their objectives being achieved.



The programme equips students with the cutting-edge risk management tools and strategies used by leading financial firms and regulatory bodies. Academics who teach on this programme are at the cutting edge of their fields, many also have relevant industry experience.



Course Structure

MSc Financial Risk Management is a year-long full-time programme delivered in-person. Students start with an intensive induction week before undertaking eight modules across the first and second semesters. In the final semester, students either study an Applied Research Project or Dissertation.



You’ll look at how organisations and investors evaluate and address risks to maximise the chances of achieving their objectives.



You’ll use the cutting-edge risk management tools and strategies used by leading financial firms and regulatory bodies. You have an interest in risk management and financial regulation and want a career in areas such as corporate risk, compliance, consultancy, or academia. You’ll gain exemptions from the Professional Risk Manager (PRM) exams.

Semester 1

Asset Pricing

Corporate Finance

Financial Regulation and Risk Management

Financial Data Analytics



Semester 2

Credit Risk Management

Derivatives

Enterprise Risk Management and Risk Analytics

Advanced Financial Data Analytics



Semester 3

Dissertation

Or

Applied Research Project

Graduate

Normally a strong 2.2 Honours degree (with minimum of 55%) or equivalent qualification acceptable to the University in Mathematics, Accountancy, Finance, Economics or other relevant quantitative subject. Science and Engineering disciplines will be considered where there is a significant mathematical component. Performance in relevant modules must be at UK 2:2 Honours standard (minimum 55% or acceptable equivalent).



We welcome applications from a diverse range of applicants so will also consider previous work experience alongside academic qualifications. Prior experiential learning in quantitative analysis, Mathematics or Finance based subjects in lieu of academic qualifications will be considered on an individual basis.



The University's Recognition of Prior Learning Policy provides guidance on the assessment of experiential learning (RPEL). Please visit the link below for more information. http://go.qub.ac.uk/RPLpolicyQUB

Applicants are advised to apply as early as possible and ideally no later than 15th August 2025 for courses which commence in late September. In the event that any programme receives a high number of applications, the University reserves the right to close the application portal prior to the deadline stated on course finder. Notifications to this effect will appear on the application portal against the programme application page.



Please note: international applicants will be required to pay a deposit to secure a place on this course.

Assessments associated with the course are outlined below:

Assessment is by a variety of methods, including individual coursework, group work, oral presentations, simulations, case studies, class tests, examinations and dissertation or work-based research project.

1 year (Full Time).

Entry Year: 2025/26

Career Prospects

Introduction

As many financial firms are substantially expanding their risk management functions, this programme is likely to open a wide range of new and exciting career opportunities including utilising cutting-edge quantitative modelling techniques and working in collaboration with traders to develop bespoke financial products, as well as portfolio and product risk management and monitoring.



For further opportunities to enhance your studies and career prospects please see the school website.

https://www.qub.ac.uk/schools/queens-business-school/student-opportunities/