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Risk management is a field that involves the identification, analysis and treatment of potential losses and risks in a business. The financial system has undergone significant restructuring in preparation for new regulatory frameworks, which has affected existing functions and created different skill requirements within the risk management divisions of financial institutions.

Due to the high demand for skilled and well-trained professionals to meet the challenges of financial and business risks, universities from all parts of the world offer Master’s programs in Financial Risk among their career study options. Some of the Master in Financial Risk programs are offered free of charge or are funded through a scholarship or by a prospective employer.

The Free Master’s in Financial Risk teaches students how to monitor risk and predict difficult situations to mitigate the effects of loss. This program covers highly specialized topics such as market risk, financial instruments and credit risk. 

The program offers a relevant learning experience, combining a practice-focused approach and current market intelligence. This program is ideal if you have a quantitative background, are an investment industry professional or a finance professional who is supplementing and expanding your knowledge.

The Free Master’s in Financial Risk will enhance your professional outlook in one of the most sought-after areas of finance. This program prepares you for careers in financial markets, corporate finance and risk management. Applicants to this Master’s program must have a bachelor’s degree in a related field.

What is a Master Degree in Financial Risks ?

The Master in Financial Risk is a graduate academic program that provides students with the fundamentals of financial risk management and equips them to make key corporate financial decisions. The program offers a solid understanding of generalist financial problems, combined with specialized skills in quantitative methodology and risk management. 

The Master in Financial Risk is tailored to the needs of rapidly changing and volatile financial markets, giving the student an insight into new innovations in the area of risk management. This Master’s program covers topics such as pricing and hedging of financial instruments and the evaluation and selection of investments.

The degree curriculum is enriched with the most up-to-date professional practices in the area of risk management. This course integrates academic knowledge applied to industry needs and gives you a competitive edge. Students in this program will have the opportunity to deliver a Master’s Project in the form of applied research.

The Master in Financial Risk enables graduates to learn risk prediction skills that can be assessed with respect to their relevant corporate enterprises. They also learn how to track trends in global markets.

Program, Subjects and Content of the Master Degree in Financial Risks

These are some of the subjects that may be included in the programmatic content of a Master’s in Financial Risk:

  • Quantitative methods for finance
  • Financial markets
  • Securities, futures and options
  • Fixed income and equity investments
  • Market risk
  • Financial instruments
  • Credit risk
  • Programming for finance
  • Portfolio management
  • Financial econometrics
  • Research project
  • Financial regulatory issues
  • Behavioral finance
  • Cash markets and fixed income derivatives
  • FinTech regulation and data protection
  • Big Data in finance

How Long Does the Master Degree in Financial Risks Take ?

Time for a Master’s program in Financial Risk is 1 to 2 years of full-time study. Some universities offer more flexible part-time and distance learning programs or fully online study alternatives.

Duration of this Master’s program will depend on factors such as the country of origin, the university offering the Master’s program, the program’s curriculum, program delivery modality, schedules, fees, among others.

Where Can I Work with a Master’s Degree in Financial Risk?

Graduates of a Master of Financial Risk program can apply their risk management skills in a variety of settings. Career opportunities abound in banks and insurance organizations. Employment opportunities include broker, credit analyst, foreign exchange trader, risk manager, actuary, financial consultant and more. 

Countries and Cities Where You Can Study the Master of Financial Risks for Free by Obtaining a Scholarship

  • United Kingdom
  • Spain
  • Italy
  • Ireland
  • Germany
  • Netherlands
  • Poland
  • Luxembourg
  • Cyprus

Institutes, Centers and Universities Where the Master Degree in Financial Risk Management is Possibly Taught for Free, through Scholarships

Master’s Degree in Financial Risk Management

  • Graduate School of Business, University of Law, London, UK.
  • London, UK.

Master of Science in Financial Risk Management

  • University of Reading – Henley Business School – ICMA Centre
  • Reading, United Kingdom.

Master in Risk and Finance

  • London, UK.

MSc Fraud and Risk Management – University of Salford, UK.

  • Robert Kennedy College
  • Salford, UK.

Master’s Degree in Banking Finance and Risk-Online

  • EUDE, European School of Management
  • Madrid, Spain.

Master in Financial Risk Management

  • MIP Politecnico di Milano School of Management
  • Milan, Italy.

Master’s Degree in Financial Risk Management

  • Trinity College Dublin – Business School
  • Dublin, Ireland.

Master in Finance and Risk Management

  • ICN Business School
  • Berlin, Germany.

Master in Finance: Duisenberg Honors Program in Quantitative Risk Management

  • Vrije Universiteit Amsterdam
  • Amsterdam, The Netherlands.

Master in Financial Crime Prevention

  • Kozminski University
  • Warsaw, Poland.

MBA + Master’s Degree in Enterprise Risk Management

  • Luxembourg Business School
  • Luxembourg City, Luxembourg.

MBA + Master in Enterprise Risk Management

  • Cyprus Open University
  • Cyprus Online, Cyprus.

Master of Financial Risk Referential Prices

The prices of the Master of Financial Risk can be varied. The prices of these Master’s degrees range from $7,200 to $26,920 per year. In some cases it can have a higher cost. The cost of this Master’s Degree will vary according to the country where it is taught, the institution or university that teaches the Master’s Degree, the modality, the duration and the materials provided during the study, among other factors.

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