Curriculum
Master of Financial Risk Management (MFRM) students take 10 courses over two terms and also complete the Rotman Risk Management Project and Self Development Lab between terms.
Note: This is a tentative schedule for the Master of Financial Risk Management program and is subject to change. Courses in this program are not open to other University of Toronto students or the general public.
MFRM Course Calendar
Fall and Spring Terms
- RSM6311 – Rotman Risk Management Project
- RSM6601 – Self Development Lab
| Fall Term | Spring Term |
|---|---|
| RSM6303 – Regulation of Financial Institutions | RSM6301 – Topics in Financial Risk |
| RSM6304 – Operational Risk | RSM6302 – Financial Markets, Risk and Institutions |
| RSM6305 – Credit Risk | RSM6306 – Probabilistic Modelling for Risk-Informed Decisions |
| RSM6310 – Derivative Models for Risk Management | RSM6307 – Macroeconomics for Finance Professionals |
| RSM6313 – Innovations in Financial Technology | RSM6308 – Advanced Investments |
Course descriptions can be found here.
Term Dates and Academic Schedule
Academic Schedule
MFRM courses are scheduled Monday through Friday. Classes are generally two hours in length (any exceptions will be communicated to the class).
Each student’s course schedule is available on the Rotman Hub. There are also links to view the schedule in several formats, including a downloadable format that is compatible for importing into most PDAs and MS Outlook. Please note that from time to time, it may be necessary to cancel or re-schedule classes and consequently, students are well-advised to view their personal schedules on a regular basis.
Class Meetings Schedule
The schedule of class meetings is published at the beginning of the academic year. On occasion, there are changes to the meeting schedule that may impact the time or location of the class. The Program Services Team will make every effort to notify students of any such changes well in advance.
Course Changes
For each program of study offered by the University through the Rotman School of Management, the courses necessary to complete the minimum requirements of the program will be made available annually. The Rotman School, however, reserves the right to change the content of courses, instructors and instructional assignments, enrolment limitations, pre-requisites, co-requisites, grading policies, and timetables without prior notice.
Course Selection
Students are automatically enrolled in courses upon payment of tuition fees. Due to the integrated nature of the MFRM curriculum, courses must be taken in the sequence outlined in the program curriculum. All MFRM courses are mandatory. Students who experience difficulty with the course load or a particular subject should consult the Associate Director for advice.
Adding or Dropping Courses
Once a student has been enrolled in a course, they remain enrolled unless they officially request to drop the course through their Associate Director. There are official dates by which a student must withdraw without academic penalty, otherwise, a failing mark will appear on their record. In order to drop a core course without academic penalty, the official request must be made before 50% of the course contact hours have been completed.
After the 50% mark, if unusual circumstances beyond the student’s control mean that the student will not be able to complete the coursework given reasonable extensions, graduate units may consider (with appropriate documentation) requesting late withdrawal. A WDR (Withdrawal Without Academic Penalty) notation will be entered on a student’s official transcript, however, it carries no credit for the course and is not considered for averaging purposes. While the Graduate Unit may support/recommend the late withdrawal request, final decision rests solely with the School of Graduate Studies.
Due to the set structure of MFRM courses, any change in course enrolment will impact program completion, graduation, and fees. Should you need to drop a course, please contact the Associate Director.
Course Materials and Course Work
Course Packages and Textbooks
The cost of course packages and textbooks for all Master of Financial Risk Management courses is covered in the compulsory Rotman ancillary fee assessed to students (on the tuition fee invoice).
Copyright in Course Lectures
If a student wishes to record, photograph, video-record, or otherwise reproduce lecture presentations, course notes ,or similar material provided by instructors, they must obtain the instructor’s written consent beforehand. Otherwise, all such reproduction is an infringement of copyright and is absolutely prohibited. In the case of private use by students with special needs, the instructor’s consent will not be unreasonably withheld.
Submission of Assignments and Examinations
All assignments in Master of Financial Risk Management courses must be submitted by the specified deadline as indicated by the course instructor on the course syllabus, unless otherwise noted by the instructor. Any assignment received after this time will be noted by the Registrar’s Office staff. The introduction of late penalties (or special consideration) is at the instructor’s discretion.
Students must use the Individual or Group Assignment Cover Page when submitting any materials unless otherwise noted by the instructor. The Assignment Cover Page templates are available on the Rotman Hub.
Leave Policy
Students registered in the MFRM program may apply for a leave during their program of study. Please see here for additional details and information.
Graduation Requirements
Students must satisfactorily complete all 12 required courses in order to meet the graduation requirements of the Master of Financial Risk Management Program.