University of Toronto - The Joseph L. Rotman School of Management

Master of Financial Risk Management (MFRM)

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What makes Rotman - Toronto's
Master of Financial Risk Management (MFRM) Different!

Rigorous Curriculum with Theoretical & Applied Focus

Two academic terms covering essential risk topics—Market Risk, Credit Risk, Operational Risk, Regulation, Advanced Derivatives, Investment, Macroeconomics, and probabilistic modeling

Two-Month Real-World Risk Management Project

An embedded in-house practicum, where students collaborate with risk professionals to tackle actual organizational challenges .

Access to Practice Labs

Hands-on training in the BMO Financial Group Finance Research & Trading Lab, using live data feeds and risk-analysis tools for portfolio simulations and model testing

Top-Tier Faculty & Industry Expertise

Led by finance experts including Prof. John Hull and Peter Christoffersen, along with guidance from industry veterans like Richard Nesbitt and the Rotman Risk Advisory Board

Know More about the Rotman - Toronto Master of Financial Risk Management (MFRM) Program

The Rotman Master of Financial Risk Management (MFRM) is an intensive, full-time, eight-month program focused on risk analysis, financial modeling, and regulatory frameworks. Designed for recent graduates, it prepares students for careers in risk management, capital markets, and financial services through hands-on learning, industry exposure, and Rotman’s strong employer network. ..... Read More

Duration

N/A Months

Where do graduates of Rotman - Toronto's Master of Financial Risk Management (MFRM) program land? Discover More!

Median Earnings after Graduation

USD 50,000/- year

Graduation Rate

80.00 %

Recruiters

BMO Financial Group Global Risk Institute in Financial Services (GRI) Richard Nesbitt (CIBC) Tiff Macklem (Bank of Canada)

Prospective Job Roles

Risk Analyst / Risk Associate Credit Risk Analyst Market Risk Analyst Quantitative Analyst (Quant) Regulatory Risk Analyst / Compliance Analyst Operational Risk Analyst

Eligibility Criteria for Rotman - Toronto's Master of Financial Risk Management (MFRM) in Management program ?

Credential Evaluation Requirement

Mandatory English Proficiency Test

Mandatory GRE / GMAT Requirement

4 Year Bachelor’s Degree Requirement

Tuition Fees & Scholarship Opportunities!

Tuition Fees

USD 46,303 /- PER YEAR

Application Fee

USD 142/-

Scholarship Opportunities upto

USD 6 Million

Upcoming Rotman - Toronto Events

Event Type
None
Virtual
In Person
Area Of Interest
None
MBA
Specialized Masters
Location
None
India
Africa
Middle East
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Business School Festival - US & Canada - Mumbai

Meet admission representatives from top-ranked North American Business Schools

Saturday, 26 July, 2025
12:30 PM - 5:00 PM
Taj Lands End, Mumbai
Register Now
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Business School Festival - US & Canada - Delhi

Meet admission representatives from top-ranked North American Business Schools

Sunday, 27 July, 2025
12:30 PM - 5:30 PM
Le Méridien New Delhi
Register Now
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Business School Festival - US & Canada - Pune

Meet admission representatives from top-ranked North American Business Schools

Tuesday, 29 July, 2025
5:30 PM - 10:00 PM
Sheraton Grand Pune Bund Garden Hotel
Register Now
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Business School Festival - US & Canada - Hyderabad

Meet admission representatives from top-ranked North American Business Schools

Thursday, 31 July, 2025
5:30 PM - 10:00 PM
Le Meridien Hyderabad
Register Now
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Business School Festival - US & Canada - Bengaluru

Meet admission representatives from top-ranked North American Business Schools

Saturday, 02 August, 2025
12:30 PM - 5:30 PM
Taj MG Road, Bengaluru
Register Now

What makes Rotman - Toronto's
Master of Financial Risk Management (MFRM) Different!

Rigorous Curriculum with Theoretical & Applied Focus

Two academic terms covering essential risk topics—Market Risk, Credit Risk, Operational Risk, Regulation, Advanced Derivatives, Investment, Macroeconomics, and probabilistic modeling

Two-Month Real-World Risk Management Project

An embedded in-house practicum, where students collaborate with risk professionals to tackle actual organizational challenges .

Access to Practice Labs

Hands-on training in the BMO Financial Group Finance Research & Trading Lab, using live data feeds and risk-analysis tools for portfolio simulations and model testing

Top-Tier Faculty & Industry Expertise

Led by finance experts including Prof. John Hull and Peter Christoffersen, along with guidance from industry veterans like Richard Nesbitt and the Rotman Risk Advisory Board

Know More about the Rotman - Toronto Master of Financial Risk Management (MFRM) Program

The Rotman Master of Financial Risk Management (MFRM) is an intensive, full-time, eight-month program focused on risk analysis, financial modeling, and regulatory frameworks. Designed for recent graduates, it prepares students for careers in risk management, capital markets, and financial services through hands-on learning, industry exposure, and Rotman’s strong employer network. ..... Read More

Duration

N/A Months

Where do graduates of Rotman - Toronto's Master of Financial Risk Management (MFRM) program land? Discover More!

Median Earnings after Graduation

USD 50,000/- year

Graduation Rate

80.00 %

Recruiters

BMO Financial Group Global Risk Institute in Financial Services (GRI) Richard Nesbitt (CIBC) Tiff Macklem (Bank of Canada)

Prospective Job Roles

Risk Analyst / Risk Associate Credit Risk Analyst Market Risk Analyst Quantitative Analyst (Quant) Regulatory Risk Analyst / Compliance Analyst Operational Risk Analyst

Eligibility Criteria for Rotman - Toronto's Master of Financial Risk Management (MFRM) in Management program ?

Credential Evaluation Requirement

Mandatory English Proficiency Test

Mandatory GRE / GMAT Requirement

4 Year Bachelor’s Degree Requirement

Tuition Fees & Scholarship Opportunities!

Tuition Fees

USD 46,303 /- PER YEAR

Application Fee

USD 142/-

Scholarship Opportunities upto

USD 6 Million

Upcoming Rotman - Toronto Events

Event Type
None
Virtual
In Person
Area Of Interest
None
MBA
Specialized Masters
Location
None
India
Africa
Middle East
img-blur-shadow

Business School Festival - US & Canada - Mumbai

Meet admission representatives from top-ranked North American Business Schools

Saturday, 26 July, 2025
12:30 PM - 5:00 PM
Taj Lands End, Mumbai
Register Now
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Business School Festival - US & Canada - Delhi

Meet admission representatives from top-ranked North American Business Schools

Sunday, 27 July, 2025
12:30 PM - 5:30 PM
Le Méridien New Delhi
Register Now
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Business School Festival - US & Canada - Pune

Meet admission representatives from top-ranked North American Business Schools

Tuesday, 29 July, 2025
5:30 PM - 10:00 PM
Sheraton Grand Pune Bund Garden Hotel
Register Now
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Business School Festival - US & Canada - Hyderabad

Meet admission representatives from top-ranked North American Business Schools

Thursday, 31 July, 2025
5:30 PM - 10:00 PM
Le Meridien Hyderabad
Register Now
img-blur-shadow

Business School Festival - US & Canada - Bengaluru

Meet admission representatives from top-ranked North American Business Schools

Saturday, 02 August, 2025
12:30 PM - 5:30 PM
Taj MG Road, Bengaluru
Register Now

Explore other Rotman - Toronto programs

Full-Time MBA

Duration
N/A MONTHS

Master of Finance (MF)

Duration
N/A MONTHS

Master of Management Analytics (MMA)

Duration
N/A MONTHS

One-Year Executive MBA

Duration
N/A MONTHS
View All

Frequently Asked Questions

Get all your questions answered about Master of Financial Risk Management (MFRM) by Rotman - Toronto

It is a 10-month full-time program running from September through April, combining rigorous coursework with an applied risk project.
Yes—students complete a nine-week Risk Management Project with industry partners like BMO, CIBC, Deloitte, and KPMG
Students engage with industry leaders through guest lectures, panel discussions, alumni events, and career workshops. The Rotman Risk Management Advisory Board, which includes executives from leading banks and regulatory bodies, is actively involved.
Yes, the University of Toronto provides international student services, including visa guidance, settlement resources, and networking help. Rotman’s career team also offers support for job searches and interviews in Canada’s financial sector.
Familiarity with Excel, Python, R, or MATLAB is helpful. The program includes exposure to quantitative modeling, risk metrics, and simulation tools via the BMO Finance Lab.

Contact us

For any queries, please feel free to reach out to us!

email
Email

MFin@rotman.utoronto.ca

call
Phone

+416‑978‑2230