M.S. in Financial Risk Management

Entry Requirements for Postgraduate Programs

Academic Requirements:

• A bachelor's degree from an accredited institution with a minimum of 60% or its equivalent.

English Language Proficiency: International students must demonstrate proficiency in English by meeting one of the following criteria:

• IELTS: An overall score of at least 7.0 with no individual band score less than 6.5.
• TOEFL iBT: A minimum overall score of 90.
• DET (Duolingo English Test): A score of 125 or higher.
• PTE (Pearson Test of English): A minimum score of 61.

Pace University recognizes the importance of providing financial assistance to international students to help them achieve their educational goals. To support international students, Pace University offers various scholarships and financial aid opportunities. 

1. International Students Scholarship: Pace University offers merit-based scholarships to undergraduate international students. These scholarships are awarded based on academic achievement and can significantly reduce the cost of tuition. The scholarship amount may vary depending on the student's academic qualifications.

2. Pace International Scholarships: These scholarships are available to international undergraduate and graduate students and are awarded based on academic excellence. Eligibility criteria may include maintaining a minimum GPA and full-time enrollment. The scholarship amount may vary.

3. Athletic Scholarships: For international students who excel in sports, Pace University offers athletic scholarships. These scholarships are typically awarded to student-athletes who demonstrate exceptional skills and talent in various sports.

4. Honors College Scholarships: The Honors College at Pace University offers scholarships to academically outstanding students, including international students. These scholarships may cover tuition, fees, and provide additional benefits such as priority registration and honors seminars.

5. Graduate Assistantships: International graduate students may have the opportunity to secure graduate assistantships. These positions often come with a stipend and may include responsibilities like research or teaching assistance.

6. Need-Based Financial Aid: While most scholarships are merit-based, Pace University also considers financial need when awarding aid to international students. To be considered for need-based aid, students typically need to submit the Free Application for Federal Student Aid (FAFSA) or the CSS Profile.

7. External Scholarships: Pace University encourages international students to explore external scholarship opportunities, including those from government agencies, foundations, and private organizations. The university's financial aid office can provide guidance on identifying and applying for external scholarships.

8. Special Scholarships: Some scholarships are specific to certain academic programs or disciplines. International students pursuing degrees in areas like business, science, technology, or the arts may be eligible for specialized scholarships within their respective schools or colleges.

9. Presidential Scholarship: This competitive scholarship is available to international undergraduate students who have demonstrated exceptional academic achievements. It covers a substantial portion of tuition costs.

10. Dean's Scholarship: The Dean's Scholarship is another merit-based award for international undergraduate students. It is based on academic performance and may vary in amount.

11. International Pathways Scholarship: This scholarship is designed for international students participating in the International Pathways program, which offers academic English language courses and pathways to undergraduate and graduate programs.

12. Global Pathways Scholarship: International students who complete the Global Pathways program and transition to a full-time Pace University degree program may be eligible for this scholarship.

It's important to note that scholarship eligibility criteria, application deadlines, and award amounts may vary.

Pace University is renowned for its unwavering commitment to academic excellence and professional development. The Master of Science (M.S.) in Financial Risk Management program at Pace University is a testament to the institution's dedication to preparing students for specialized roles in the dynamic and risk-focused field of finance.Pace University's M.S. in Financial Risk Management program equips students with the specialized knowledge and skills required to excel in the critical field of financial risk management.

1. Risk Analyst: Graduates of Pace University's M.S. in Financial Risk Management program are well-equipped for careers as risk analysts. These professionals are experts at identifying, assessing, and managing financial risks within organizations. They play a critical role in maintaining financial stability and making informed risk-related decisions.

2. Credit Risk Manager: Credit risk managers specialize in assessing the creditworthiness of borrowers, which is crucial for banks, lending institutions, and financial firms. Graduates are adept at evaluating credit risk and implementing strategies to minimize defaults.

3. Market Risk Analyst: Market risk analysts focus on assessing and managing risks associated with market fluctuations, including changes in interest rates, foreign exchange rates, and commodity prices. They help financial institutions and investment firms optimize their portfolios and protect against market volatility.

4. Operational Risk Manager: Operational risk managers are responsible for identifying and mitigating risks related to an organization's processes, systems, and people. Graduates can work in various industries, ensuring the smooth and secure operation of business functions.

5. Compliance Officer: With a strong understanding of financial regulations and risk management, graduates can pursue careers as compliance officers. They help organizations adhere to regulatory requirements and ethical standards, reducing the risk of legal issues and penalties.

6. Quantitative Analyst (Quant): Quants are highly sought after in the finance industry. They use mathematical models and data analysis to develop trading strategies, risk assessment tools, and financial products. Graduates with quantitative skills are well-suited for these roles.

7. Asset and Liability Manager: Asset and liability managers focus on balancing an organization's assets and liabilities to ensure financial stability. They play a crucial role in financial institutions, optimizing their balance sheets and managing interest rate risk.

8. Financial Consultant: Financial consultants with expertise in risk management provide valuable advice to organizations seeking to mitigate financial risks. They assess risk exposure, recommend strategies, and help clients make informed financial decisions.

9. Treasury Analyst: Treasury analysts manage an organization's liquidity, cash flow, and financial assets. They are responsible for ensuring financial stability and optimizing the use of financial resources. Graduates can work in treasury departments of corporations or financial institutions.

10. Risk Modeling Specialist: Graduates can specialize in risk modeling, developing and improving mathematical models that assess financial risks. They play a critical role in financial institutions and consulting firms.

11. Regulatory Analyst: Regulatory analysts monitor changes in financial regulations and ensure organizations remain compliant. They help organizations adapt to evolving regulatory requirements and reduce the risk of regulatory violations.

12. Audit and Assurance Roles: Some graduates choose careers in audit and assurance, where they assess an organization's financial processes and controls to identify and mitigate risks.