Master of Financial Risk Management
4.2 /5
- Public University
Rotman School of Management
Talk to ExpertMaster of Financial Risk Management at U of T Overview
Master of Financial Risk Management
at U of T
University of Toronto is one of the finest universities in Canada. University of Toronto provides Master of Financial Risk Management at PG level. The duration of this course is 10 months. This course attracts students from all over the world.
To enrol in this course, international students must fulfil all the admission requirements. The admission requirement at the University of Toronto include standardized tests like IELTS and TOEFL.
The first year tuition fees University of Toronto for Master of Financial Risk Management is CAD 72,480. Moreover, the students must be ready for other expenses such as rent, hostel fees, food, books, supplies, utilities, etc. The average cost of living at University of Toronto is CAD 17,878.
Duration | 10 months Get Curriculum |
Tuition & Fees | ₹46.52 Lakh Get Fees details |
International Students Admission Website | Go to Website  |
Official Career Service Website | Go to Website |
Course Level | PG Degree |
Master of Financial Risk Management
Table of content
- Overview
- Fees
- Curriculum
- Entry Requirements
- Application Process
- Rankings
- Placements
- Highlights
- Scholarships
- Class Profile
Master of Financial Risk Management at U of T Fees
Master of Financial Risk Management
at U of T
The first-year tuition fees that students are required to pay as per the University of Toronto Master of Financial Risk Management fee structure. The total cost of living at the university is estimated to be CAD 17,878 which includes the costs of housing, food, and other utilities. The total costs may vary based on the expenses of the student and the lifestyle being followed by them. Some additional fees may also be charged by the University of Toronto during the course duration. The complete fee breakdown of the Master of Financial Risk Management is around CAD 72,480 which is shown in the table below.
1st year tuition fees | Fees components | Amount (for 1 year) |
|---|---|
| Tuition & fees | INR 46,52,491 |
Other expenses in 1st Year | Fees components | Amount (for 1 year) |
|---|---|
| Hostel & Meals | INR 11,47,589 |
| Insurance | INR 48,528 |
Calculated at the exchange rate of 1 CAD = INR 64.19 | Tuition & expenses were last updated on 4ᵗʰ February 2025Master of Financial Risk Management at U of T Curriculum
Master of Financial Risk Management
at U of T
Applicants can click on the green button below to download and check out the University of Toronto Master of Financial Risk Management curriculum. The curriculum PDF includes detailed information about the course such as requirements, concurrent program options, tuition fees, deadlines, career opportunities, etc.
Download exam sample paper
TOEFL
TOEFL
PTE
IELTS
Duolingo
Master of Financial Risk Management at U of T Entry Requirements
Master of Financial Risk Management
at U of T
Requirements for 12th grade
- No specific cutoff mentioned
Graduation
- CGPA - 3/4
- Read less
- 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)
- A recognized four-year undergraduate degree or equivalent:
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GPA
Percentage
CGPA
Out of 10
3 year degree accepted
- N/A
- A three-year bachelor's degree is only accepted if it is followed by a master's degree
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GPA
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Out of 10
TOEFL
- No specific cutoff mentioned
- With minimum 22 in both writing and speaking
-
Register for TOEFL iBT® Test Today and get Rs 500 Off. Use code SHIKTOEFL to avail the discount. Hurry Register now for TOEFL
PTE
- No specific cutoff mentioned
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
Duolingo
- No specific cutoff mentioned
Other eligibility criteria
- 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
Conditional Offer
- Yes
- Read lessMost 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
Sign-up to view details
Master of Financial Risk Management at U of T Application Process
Master of Financial Risk Management
at U of T
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
CV
- 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
Step four
Application fees for this course
CAD 195 = INR 12.52 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 U of T Rankings
Master of Financial Risk Management
at U of T
Course Ranking
University Ranking
| Rank | Rank Publisher |
|---|---|
| #17 | |
| #24 |
Master of Financial Risk Management at U of T Placements
Master of Financial Risk Management
at U of T
| Particulars | Statistics (2021) |
|---|---|
| Internship Available | Yes |
University of TorontoStudents Ratings & Reviews
4.2/5
31 Verified ReviewsStudent Views (Based on Reviews)
- 32% students never faced discrimination in this university
Vibe of Campus
Academically oriented
Multi-dimensional
Friendly
Stressful
Internships3.8
Part time work3.6
Post study jobs4.4
Quality of faculty4.5
Student Life4.4
Value for money3.7
Public transportation4.5
Safety4.4
Indian Food4.5
Permanent Immigration3.9
A
Anonymous
MS in Applied Computing in Quantum Computing - Batch of 2027
Offered by University of Toronto
4
Good place to test your learning.
Tips: University of Toronto has got to be one of the most toughest yet rewarding places to pursue a career in STEM. If you're interested in research, then this place has a lot to offer. If you network well and early, you'll be able to land internships during your time here as the teach community is still growing. The cost of tuition and living is unwarranted, so come with a solid plan or scholarship.
Total Monthly ExpenseCAD 1500
Prepping time for classes33 hours/Week
Expected Annual SalaryCAD 114525
A
Anonymous
Full Time MBA - Batch of 2027
Offered by University of Toronto
3.9
Life here in Toronto is actually good.
Tips: My experience here has been mostly positive and I can see myself transitioning as time goes by. I did a lot of planning before I opted for the MBA programme here and I have not been disappointed. The faculty are experts in their industries and networking events and employee meet ups happen quite regularly. The exposure is helpful although immigration and landing work here is much more challenging than it used to be.
Total Monthly ExpenseCAD 1650
Prepping time for classes34 hours/Week
Expected Annual SalaryCAD 105275
A
Anonymous
BSc Hons in Statistics - Batch of 2026
Offered by University of Toronto
4
Lots to grow from here.
Tips: Toronto is a lot more student friendly and open than I had expected, making it easier to settle in. There's a lot to do both in and out of campus but you'll have to dedicate most of your time to your coursework as the workload is intense. Great for research and labs are well-equipped as well. Living can be on the expensive side but the transport system is great. Super convenient.
Total Monthly ExpenseCAD 1600
Prepping time for classes33 hours/Week
Expected Annual SalaryCAD 105275
A
Anonymous
BSc Hons in Environment and Toxicology - Batch of 2026
Offered by University of Toronto
3.8
Competitive but promising.
Tips: The University of Toronto is a little underrated as compared to other Canadian universities but the academics here are quite advanced. You'll learn a lot but you'll also struggle to keep up as the expectation is higher than standard. The cost of living including rent and groceries is quite high, so learn to cut corners. Pretty fulfilling experience here.
Total Monthly ExpenseCAD 1750
Prepping time for classes33 hours/Week
Expected Annual SalaryCAD 106025
A
Anonymous
BA (Hons) in Economics - Batch of 2028
Offered by University of Toronto
4.4
The faculty is extremely well-qualified and leading in their respective fields.
Tips: There is definitely a lot of exposure to different cultures, and a lot of freedom given to students. Students at the University of Toronto Mississauga are in charge of their own studies, which I think was probably the biggest cultural change. Unlike in school, you are responsible for your own progress, and nobody will follow up with you. You take charge of your education and assignments. Overall, I am extremely satisfied with the experience. While the workload can be tough, the assignments help us gain a better understanding of the topic and subject. The University of Toronto has definitely helped shape my personality and made me more independent.
Likes (Quality of faculty): The faculty is extremely well-qualified and leading in their respective fields. Professors are increasingly helpful and kind, especially during office hours, and will patiently explain concepts until fully understood. Some professors go out of their way to accommodate students. Teaching assistants are also extremely helpful. The teaching methodology is mainly research-centric, with many assignments involving research and project work, which aids in better understanding. The campus's diversity is reflected in the teaching faculty, with professors of various nationalities.
Dislikes (Public transportation): The campus is well-connected to the rest of the city, being a major bus stop in Mississauga with nearly all buses passing through. While bus connectivity is excellent, occasional delays do occur, though rarely. I've rated it four stars because, although there's good bus service, the train connectivity throughout the city isn't as strong, and you'll primarily rely on buses.
Total Monthly ExpenseCAD 2000
Prepping time for classes20 hours/Week
Expected Annual SalaryCAD
View All 34 Reviews
Master of Financial Risk Management at U of T Highlights
Master of Financial Risk Management
at U of T
- 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
Read more
Master of Financial Risk Management at U of T Scholarships
Master of Financial Risk Management
at U of T
Class Profile
| Average class profile for this course | |
|---|---|
| Bachelors GPA / Percentage | 3.6 |
| GMAT Score Average | 717 |
| Student Age | 23 years |
| Percentage of International Students | 56% |
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Master of Financial Risk Management at U of T Contact Information
Master of Financial Risk Management
at U of T
Address
27 King's College Circle, Toronto, Ontario M5S 1A1 Canada
Toronto ( Ontario)
Phone
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