Get the Competitive Edge for Your Finance Career
“There is a dramatic increase in the need for experts in risk management and compliance. This program will produce the specialized talent that the finance industry demands.”
- Richard Nesbitt, CEO of Global Risk Institute for Financial Services and former Chief Operating Officer of CIBC
The Master of Financial Risk Management (MFRM) is designed to prepare students who excel at finance and quantitative analysis for careers in this in-demand sector. A bridge between your academic and professional life, the full-time, 8-month program allows you to fast track into the finance industry, giving you a competitive edge over applicants with just an undergraduate degree. Turn risk into reward: consider the MFRM.
Master of Financial Risk Management: Jumpstart your career
Curriculum: The curriculum will allow you to master the complex issues involved in risk management.
Industry Connections: Benefit from strong ties between the school and the finance industry. Through speaking events with industry executives, an integrated Rotman Risk Management Project on a real-world business challenge, and exposure to faculty like Richard Nesbitt, former COO of CIBC, and Dean Tiff Macklem, former Senior Deputy Governor of the Bank of Canada, you’ll learn from leaders in the industry. The program also receives advice and support from the MFRM Advisory Board composed of top professionals in this field.
Master Your Career: Our career services team is dedicated to providing you tailored support to help you reach your professional goals.
Innovative Resources: The BMO Financial Group Finance Research and Trading Lab allows you to gain access to live data feeds, take part in simulations, manage your own portfolio, experiment with different trading strategies, and test your risk management ideas.
More Program Information
MFRM Advisory Board
What We're Looking For
Undergraduate Degree: Minimum B average required across courses in the final year but most students admitted will have a considerably higher GPA
Quantitative Proficiency: Evidence of a high level of proficiency in quantitative subjects such as Calculus, Linear Algebra, Statistics and Econometrics is required
Prerequisite Courses: Foundations of Finance, Financial Accounting, Financial Derivatives, Investments
Two Academic References: Two recommendation forms must be completed online by your referees.
Online Application (includes 2 written and 2 video essays) & Interview
How to Apply
Review the criteria of what we’re looking for from our applicants in greater detail, attend one of our admissions events or connect with our admissions team to learn more.
Register your interest in the Master of Financial Risk Management.
How to Apply & Important Deadlines
First Round Application Deadline » November 30, 2017
First Round Documents Deadline » December 15, 2017
Second Round Application Deadline » February 1, 2018
Second Round Documents Deadline » February 15, 2018
To receive a notification when applications are open for entry to the class starting in September 2018 create an online profile.
More information on getting in
What We're Looking For How to Apply Fees & Financial Aid Admission Events
Tuition Fees & Financial Aid
The Tuition Fee for students entering the MFRM program in September 2017 is:
Domestic Student Fee: $43,200*
International Student Fee: $60,375*
* Visit here for additional information on domestic and international student fees, plus information about financial aid options.
GRI Entrance Awards ranging from $5,000 to $15,000 are available. You will be considered automatically for an entrance award when your application is reviewed for admission.
Tip: The earlier you apply, the greater your chance of an entrance award.
Fast track into the finance industry
As a graduate of the MFRM program, you will be well positioned to take advantage of one of the fastest growing areas of finance. Since the financial crisis of 2007-2009, there has been a high demand for individuals who have both quantitative skills and an understanding of the risk management environment in which decisions are made. The program provides you access to a wealth of career opportunities in this exciting field.
Located just blocks from Canada's business centre and part of the University of Toronto, the Rotman School is ideally positioned to help you connect with top employers. As a student of the program, you’ll work closely with our staff to achieve your career goals, and to develop the self-marketing tools and strategies that will benefit you throughout your professional life.
Your Career Services
At Rotman, you will gain access to a suite of career services and a lifelong toolkit designed to support your career goals.
Careers in Risk
As a graduate of the MFRM program, you will be well positioned for career opportunities in this high demand industry
You will be with the same classmates for the duration of the MFRM program. Because class sizes are small, you’ll find it easy to build a network of peers who will help you succeed long after graduation.
More Career Information
Your Career ServicesCareers in RiskIndustry Connections For Employers
Welcome to the Rotman community
As part of the Rotman MFRM class, you will find yourself challenged and motivated to excel by the calibre of your classmates — peers who will become your lifetime network of friends and business contacts.
As part of the Rotman family, you will also have opportunities to interact with our powerful network of Master of Finance students and alumni who are working professionals and leaders in the finance community.
Student life begins at Rotman with an Orientation event. You'll learn about Rotman, meet your classmates, and get to know what you should expect from your MFRM experience.
More Information on Student Life at Rotman
Student LifeCase CompetitionsInt'l Trading CompetitionFinance Events
Rotman: Your key to a career in finance
The MFRM program leverages the strengths of the Rotman School, ranked in the global top 10 for finance. Rotman is located on the central University of Toronto campus in downtown Toronto, Canada’s financial and commercial centre. The program takes advantage of the School's close connections to the financial community. It is the only offering of its kind in the greater Toronto area.
Here's how an MFRM degree from Rotman can help you kickstart your career in the finance industry:
Reputation: The University of Toronto is Canada’s top ranked university and is the only Canadian school in the global top 20. The Rotman School is in the global top 10 for finance, according to the Financial Times.
Location: Get a full-campus experience in downtown Toronto at the historic St. George campus of the University of Toronto, a short distance to Bay Street and to the headquarters of all the top financial firms in Canada.
Moving to Canada
If you are an international student affected by the recent travel restrictions to the US and are interested in applying to this program, please contact our Recruitment & Admissions Team.
Canada, with its sound fiscal situation and solid economic performance, is a model for the world and a safe haven in the light of recent financial turmoil. It also happens to be a great place to live.
Moving to a new country is a complex process with many steps. Making the process easier, Rotman offers a range of services designed for students from outside Canada. We make it easy for you to adapt to the local language and culture, and to get you ready for the academic challenges of the MFRM program.
More Information for International Students
International Student ServicesMoving to CanadaLife & Housing in Toronto