Master in Business Analytics and Data Science
The Master in Business Analytics and Data Science at Polimi Graduate School of Manageme...
Milan
INTAKE: October
The International Master in Financial Risk Management at Polimi Graduate School of Management, Italy, is designed to provide students with an in-depth understanding of risk management in the financial sector. The program aims to equip future professionals with the analytical and practical skills necessary to assess, manage, and mitigate various financial risks faced by organizations. It combines advanced theory in financial markets and risk management with real-world applications, ensuring students can address the complexities of today’s global financial landscape. The curriculum is tailored for individuals seeking careers in risk management, financial analysis, and investment management across diverse industries.
Curriculum: The curriculum of the International Master in Financial Risk Management is comprehensive and interdisciplinary, incorporating finance, economics, mathematics, and management. Core courses typically include subjects such as Financial Markets and Institutions, Quantitative Risk Management, Portfolio Management, Derivatives and Risk Hedging, and Risk Modelling. Additionally, students engage with specialized topics, including Basel III regulations, operational risk management, and financial engineering. The program also incorporates case studies, simulations, and practical sessions that focus on solving real-world problems. Elective courses provide students with the flexibility to tailor their studies to specific areas of interest, such as credit risk, market risk, or investment strategies. This combination of foundational knowledge and specialized expertise makes the program ideal for aspiring financial risk managers.
Research Focus: Polimi Graduate School of Management has a strong emphasis on research in the fields of finance and risk management. The research focus is geared towards providing students with the tools and methodologies required to analyze and model financial risks in a wide range of contexts. Key research areas include financial econometrics, risk measurement and management, financial engineering, and behavioral finance. Students are encouraged to engage in research projects that explore contemporary financial risk challenges, including systemic risk, financial crises, and the impact of new technologies on risk management practices. The research-driven approach ensures that students gain a deep understanding of theoretical concepts and their practical applications in the industry.
Industry Engagement: Industry engagement is a cornerstone of the International Master in Financial Risk Management at Polimi Graduate School of Management. The program provides students with opportunities to interact with leading professionals and organizations through internships, guest lectures, and industry projects. These interactions allow students to apply their theoretical knowledge to real-world problems, gaining insights into the latest developments in financial risk management. Strong ties with industry partners ensure that the curriculum remains relevant to the evolving needs of the financial sector. Furthermore, Polimi’s extensive alumni network provides graduates with valuable connections and career opportunities in top financial institutions, consulting firms, and multinational corporations.
Global Perspective: The International Master in Financial Risk Management is designed with a global perspective, attracting students from diverse backgrounds and regions. This international cohort enriches the learning experience by exposing students to different approaches to financial risk management and regulatory frameworks from around the world. The program’s global outlook is further enhanced by faculty members with international expertise and research experience. Students also have access to a range of global resources and case studies that reflect the challenges faced by financial institutions in different markets. Graduates of the program are well-prepared to work in the global financial system, navigating the complexities of cross-border risk management and international financial regulations.
Milan
€ 22000
Postgraduate Entry Requirements
Application Fee: €100
Academic Qualifications: Applicants should have successfully completed a bachelor's degree or its equivalent from a recognized institution with a minimum overall score of 55% or equivalent.
English language proficiency
Polimi Graduate School of Management (Polimi GSoM) offers a variety of scholarships and financial aid opportunities to support international students in their academic journey. Recognizing the financial challenges that students may face, the school is providing financial assistance to ensure that talented individuals from around the world have access to its world-class programs. These scholarships aim to reward academic excellence, diversity, and potential while encouraging global participation in its academic community.
Merit-Based Scholarships: Polimi GSoM offers merit-based scholarships for exceptional international students. These scholarships are awarded to candidates who demonstrate outstanding academic achievements, leadership potential, and a strong commitment to the field of business management. The scholarships are highly competitive, and successful applicants are recognized for their excellence in academics, professional achievements, and personal qualities. Merit-based scholarships can cover partial or full tuition fees, depending on the candidate’s profile and the specific scholarship criteria.
Diversity and Inclusion Scholarships: To promote diversity and inclusion within its student body, Polimi GSoM provides scholarships specifically aimed at students from underrepresented regions or backgrounds. These scholarships seek to bring together a diverse group of students, enriching the learning experience and promoting cross-cultural understanding. International students from all over the world are encouraged to apply, and the school aims to create a balanced and inclusive academic environment.
Financial Aid Programs: In addition to scholarships, Polimi GSoM offers financial aid programs designed to support international students who demonstrate financial need. These programs provide funding assistance to help cover tuition fees, living expenses, and other academic costs. Financial aid is typically available in the form of need-based grants or loans, which help to ease the financial burden on students pursuing their graduate education at the school.
Partner Scholarships: Polimi GSoM collaborates with several partner institutions and organizations that offer scholarships to international students. These scholarships may be available for students from specific countries or those pursuing particular areas of study. Partner scholarships often come with additional benefits, such as mentorship opportunities, internships, and networking events, further enhancing the student’s academic and professional development.
External Scholarships: International students at Polimi GSoM can also apply for a range of external scholarships offered by government bodies, international organizations, and private foundations. These scholarships are often available to students based on nationality, program of study, or area of research. The school’s international office provides guidance on how to apply for these external funding opportunities, ensuring that students have access to a wide range of financial aid options.
Graduates of the International Master in Financial Risk Management at Polimi Graduate School of Management have a wide array of career opportunities in the financial sector, with expertise in assessing, managing, and mitigating financial risks. The skills gained during the program are highly sought after by companies and organizations across various industries.
Risk Manager: Risk managers assess, identify, and minimize financial risks that an organization may face. They create risk management strategies, analyze market conditions, and ensure that the company operates within acceptable risk parameters.
Credit Risk Analyst: Credit risk analysts evaluate the risk of lending to individuals or businesses by analyzing financial information, credit scores, and market conditions. Their role is crucial in preventing default risks and ensuring financial stability.
Financial Analyst: Financial analysts provide insights and recommendations based on data analysis to support investment decisions, asset management, and financial planning. They often specialize in risk assessment and mitigation strategies.
Investment Risk Manager: Investment risk managers focus on identifying and mitigating risks related to investments, particularly in volatile markets. They assess asset portfolios, diversification strategies, and market trends to reduce exposure to financial loss.
Quantitative Risk Analyst: This role involves the use of advanced mathematical models and statistical techniques to assess financial risks. Quantitative analysts focus on pricing financial derivatives, developing risk models, and analyzing large datasets to predict market movements.
Regulatory Risk Specialist: Regulatory risk specialists focus on ensuring compliance with financial regulations and risk management standards. They monitor changes in regulations and guide organizations in adhering to the necessary requirements to avoid penalties and legal risks.
Derivatives Trader: Derivatives traders work in financial markets and use instruments like futures, options, and swaps to hedge risk or speculate on market movements. They require an in-depth understanding of financial instruments and risk management strategies.
Chief Risk Officer (CRO): The CRO is responsible for overseeing the overall risk management strategy of an organization. They ensure that all risk-related aspects of the company, including financial, operational, and strategic risks, are effectively managed.
Financial Consultant: Financial consultants advise organizations on managing financial risks, optimizing their portfolios, and making investment decisions. They use their expertise to create strategies that help businesses achieve their financial goals while minimizing potential risks.
Insurance Risk Manager: Insurance companies require professionals to assess the risks associated with underwriting policies and setting premiums. Insurance risk managers evaluate claims data, market trends, and historical patterns to ensure the sustainability and profitability of insurance products.