Master of Financial Risk Management
at University of Toronto, Toronto

4.3 /5

(20 Reviews)

A++ Shiksha Grade
Public University
Rotman School of Management

Master of Financial Risk Management
at
University of Toronto
Overview

This course is offered by Rotman School of Management department of the university. University of Toronto offers a 10 months long Master of Financial Risk Management course. The tuition fees to pursue this program is CAD 72480.0. English language proficiency test accepted for admission to University of Toronto Master of Financial Risk Management are IELTS and TOEFL.

Duration	10 months
Course Level	PG Degree
Mode of Course	Full Time
International Students Admission Website	Go to Website
Tuition & Fees	₹43.81 Lakh View full breakup
Type of University	Public
Official Career Service Website	Go to Website

Master of Financial Risk Management
at
University of Toronto
Highlights

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 academic and professional life, this full-time, ten-month program allows students to fast-track into the finance industry-giving them a competitive edge over applicants with only an undergraduate degree
Students will gain a better understanding of the different types of risk, the regulatory environment, and how different financial institutions manage uncertainty
Students have the opportunity to gain real-world experience during the Risk Management Project which takes place midway through the program

Master of Financial Risk Management
at
University of Toronto
Curriculum

Latest curriculum for Master of Financial Risk Management at University of Toronto can be downloaded from the below link. The curriculum PDF has semester wise course structure, electives and detailed course content. You can also check course curriculum of other specializations offered in MIM at University of Toronto

Master of Financial Risk Management
at
University of Toronto
Rankings

Course Ranking

University Ranking

Rank	Rank Publisher
#12	Masters in Business Analytics QS, 2024
#24	PG Business and Economics THE (Times Higher Education), 2024

View All Rankings

Master of Financial Risk Management
at
University of Toronto
Entry Requirements

Requirements for 12th grade Lock Icon

No specific cutoff mentioned

Graduation Lock Icon

No specific cutoff mentioned
A recognized four-year undergraduate degree or equivalent:

Minimum B average required across courses in the final year but most students admitted will have a considerably higher GPA. Business, commerce, economics, mathematics, engineering or actuarial science degrees will be preferred, but other 4-year undergraduate degrees will be considered if there is evidence of strong quantitative skills

Evidence of a high level of proficiency (a GPA of at least 3.0) in quantitative subjects such as calculus, linear algebra, statistics and econometrics is required. In cases where evidence of quantitative ability is not obvious, applicants may be asked to supply a GMAT/GRE score or other supplementary evidence of quantitative ability

Before the program begins in September, admitted students must have completed courses in the following areas as part of their undergraduate degree:

Foundations of Finance

Financial Accounting

Financial Derivatives

Investments

If applicants have not completed courses in these areas as part of their undergraduate degree, they can obtain an offer of admission that is conditional on passing a qualifying exam for each prerequisite that is missing

Applicants who have completed Level I, II or III of the CFA Study and Examination program may be exempt from prerequisite courses

Indian equivalencies:-

Minimum GPA: 1st Class/Div or 8.0/10; 7.5/10 from Indian Institutes of Technology

A Minus GPA: 1st Class/Div or 9/10; 8.5/10 from Indian Institutes of Technology

B Plus GPA: 1st Class/Div or 8.5/10; 8/10 from Indian Institutes of Technology

Bachelors Equiv: Bachelor`s Degree, requiring a minimum of 4 years of study (e.g. BPharm, MBBS, BDS, BTech, BEng, BArch, etc.) or completion of BOTH a Bachelor`s (three-year) degree and a Master`s

Masters Equiv: MPhil; MTech; MEng; MSc (Eng)
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3 year degree accepted Lock Icon

N/A
A three-year bachelor's degree is only accepted if it is followed by a master's degree

TOEFL

No specific cutoff mentioned
With minimum 22 in both writing and speaking

IELTS

No specific cutoff mentioned
With no band below 6.5

Get a Full FREE IELTS Prep Course with Shiksha Study Abroad – Limited Seats for Weekend & Weekday Batches! Register now for IELTS

Other eligibility criteria Lock Icon

Prior to starting the program, all admitted students must complete a four-week Python for Business Course that will be offered by the Rotman School of Management
- The course is to ensure everyone in the program has a minimum base level ability with Python. It will consist of two tests and a guided capstone project. The course is a beginner to moderate level
Demonstration of academic ability though high GMAT/GRE score is encouraged

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Conditional Offer Lock Icon

Yes
Most of the university's admission decisions are based on interim marks, and so the majority of its offers are typically conditional on achieving acceptable final standing. Students are expected to maintain consistent academic standing for the duration of their high school (and post-secondary, if applicable) studies
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Which exams out of the above do I need to give?

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Master of Financial Risk Management
at
University of Toronto
Application Process

Step one

Prepare documents for application

LOR

Two recommendation forms must be completed online by your referees
- While both referees should be academic, applicants who are applying to the MFRM with some work experience, are welcome to submit one academic and one professional reference. If possible, we encourage you to have at least one reference from a professor who taught you in a quantitative course

ESSAYS

One written essay

Copy of resume

Step two

Additional documents required

Official academic transcripts
English-language proficiency
Video Questions & Real-time Written Response
- All candidates will be asked to record a video response to two questions and complete a real-time writing exercise in order to demonstrate their professionalism and communication skills

Step three

Start your online application

https://admissions.sgs.utoronto.ca/apply/

Step four

Application fees for this course

CAD 195 = INR 11.79 Thousand

Mode of payment: Credit card

Step five

Application deadline

Fall (Sept): 7th Feb

*The dates specified are tentative dates as per the previous year records. Our expert counselors can help with exact deadline date. Connect with the expert now!

Master of Financial Risk Management
at
University of Toronto
Fees

1st year tuition fees

Fees components	Amount (for 1 year)
Tuition & fees	INR 43,80,691

Other expenses in 1st Year

Fees components	Amount (for 1 year)
Hostel & Meals	INR 10,80,546
Insurance	INR 45,693
Incidental & Ancillary Fees	INR 1,93,408
Books	INR 60,440
Total approximate fees	INR 13,80,087

Calculated at the exchange rate of 1 CAD = INR 60.44 | Tuition & expenses were last updated on 5ᵗʰ November 2024

Master of Financial Risk Management
at
University of Toronto

Scholarships

View all 40 scholarships

University of Toronto
Students Ratings & Reviews

4.3/5

18 Verified Reviews Info Icon

Vibe of Campus

Academically oriented
Multi-dimensional
Stressful
Liberal

Student Views

50% students never faced discrimination in this university

Internships4.2

Part time work3.9

Post study jobs4.2

Quality of faculty4.3

Student Life4.1

Value for money4.1

Public transportation4.7

Safety4.4

Indian Food4.4

Permanent Immigration4.4

Anurag Pareej Verified Icon

BSc (Hons) in Biology for Health Sciences/ Master of Teaching - Batch of 2028

Offered by University of Toronto

4.3

The university is great although highly competitive and academic.

Tips: It is a world-class institution, but it is highly competitive. You will have to study a lot to survive. A transition from high school is natural. I am here on a 50% scholarship. You can apply for it. Overall, I am very satisfied with the University of Toronto.

Likes (Safety): I rated the University of Toronto high on safety because I felt safe on campus and in the surrounding areas. I never saw any shootings, and campus police are available at all hours. The university also provides multiple emergency contacts for students. The only potential risk I saw was from homeless people at night, but even then I felt safe.

Dislikes (Part time work): I rated the University of Toronto low on part-time work because campus and off-campus jobs are easily available. However, the university is highly competitive, and most students don't have time for part-time work. Some jobs are even available remotely, such as being a PA or TA, which can pay up to 500 CAD per week or 2000-2400 CAD per month.

Reviewed on 27 Oct 2024Read more

Karishma Punjabi Verified Icon

BSc Hons in Psychology - Batch of 2023

Offered by University of Toronto

4.3

University of Toronto (Scarborough) - smaller campus, better exposure, better opportunities.

Tips: Getting out of your comfort zone is essential at the beginning of your studies at the University of Toronto. You will need to adapt to the weather and the people, and there will be a cultural shift because there are people from all around the world. Do not shut any experience off. Make connections with faculty members because they will nominate you for scholarships and awards. Overall, since this is a smaller campus, the exposure is great, and the opportunities are tremendous. Build connections and network well. This is the only campus that offers co-ops, so join a co-op programme and get experience while you are studying.

Likes (Student Life): Since I'm on the smaller campus, you get to know everyone. I participated in extracurricular and joined multiple clubs, gaining experience and friendships. It is easy to start with the mentorship programs and then work with a senior mentor to guide you through academic, social and extracurricular on campus.

Dislikes (Post study jobs): You don't need visa sponsorship from your job because you qualify for an open work permit. With psychology, it was easier to get into mental health than psychology but since that was not my area of interest, I added a minor - Statistics and Food Studies. Statistics helped me realize that I want to be a data analyst. It was easier to find jobs in this field.

Reviewed on 10 Oct 2024Read more

Anonymous

MS in Applied Computing in Computer Science - Batch of 2023

Offered by University of Toronto

3.1

It is a good university.

Tips: It's a good university but if you are more research-oriented then go for US universities. The weather is not great in Canada. If you are person who loves sunlight or going out then say goodbye to both of them. The campus is scattered and in the middle of the city.

Likes (Permanent Immigration): Good chance of getting a PR if you have enough points. You also get a Post Graduation Work Permit once you graduate. It is an open work permit and the duration depends on the length of the programme.

Dislikes (Value for money): It's okay but not a great programme. They charge too much for the courses they are offering. It is good that there is an internship at the end of the programme otherwise it would have taken a lot of time to repay the loan.

Reviewed on 26 Dec 2023Read more

Anonymous

MSc Applied Computing in Artificial Intelligence - Batch of 2022

Offered by University of Toronto

4.3

Good campus, great internship support from the college and a great city.

Tips: Canada is very welcoming. I did not experience a cultural shift because I have lived abroad before. I did apply for a scholarship but unfortunately could not get the scholarship but I know many people who got one. The course is good for quickly getting Canadian working experience. It is however not the best course if you want a classroom experience because you only take 4-5 classes a week.

Reviewed on 11 Jun 2024Read more

Raghav Kumar Prasad Verified Icon

Bachelor of Applied Science in Computer Engineering - Batch of 2027

Offered by University of Toronto

3.9

Great, academically oriented university to study from but expensive.

Tips: In the beginning, you would feel a big cultural shock as the place and its education are quite different from that in India. But, you would find many people from India and all around the world who are willing to talk, know about you and share their experiences. However, once the years progress you will feel a sense of competition which is a good thing, as everyone becomes more aware and concerned about their future. Also, the university provides us opportunities to experience and learn about several different fields and sub-fields of study in the giant universe of ECE, where each sub-field could have a different career path. The university also has resources like ECC and others to help you prepare for the jobs, but securing a job is quite difficult in my field of study, especially at this economic phase. Regarding the scholarships, I didn't receive any and many of my international friends didn't either. Most scholarships require you to be a Canadian citizen or PR but there are exceptions and few international students do get the scholarships. Overall, I am quite satisfied with my university, course and country.

Likes (Quality of faculty): I think the faculty is quite easy to access and approach and is highly knowledgeable in their concepts and field of study. There is more focus on hands-on learning through practicals than most other colleges though the weightage of it towards the overall course grade is usually few, they prefer to put more weightage towards written exams. In terms of diversity, you would find teaching faculty coming from all around the globe, China, Egypt, India, Pakistan, Switzerland, and so many others.

Dislikes (Part time work): I think it is easy to find a part-time job in this area but doing a part-time job while studying is quite difficult for an undergrad ECE student at UofT. Most technical courses are workload-heavy with several lengthy assignments which spare little to no free time. Maybe for Masters, the picture would be different.

Reviewed on 4 Sep 2024Read more

View All 20 Reviews