StudyQA — Master: Risk Management of Financial Markets

Description Contents Requirements Funding

The African Institute of Financial Markets and Risk Management in conjunction with the School of Management Studies offers a full-time MPhil in Risk Management of Financial Markets by coursework and dissertation. The primary objective of this Master’s degree is to equip students with the necessary methodological, regulatory and research skills for risk management of financial markets. The required technical skills cover fundamental mathematics, statistics, econometrics, and computing. The courses aim to inculcate the application of technical skills to modelling complex financial and economic concepts and thereby enhance the understanding thereof.

The qualification is intensive and challenging‚ and combines training in mathematical‚ statistical, econometric, and computing skills with a solid understanding of financial markets and risk management. It consists of 120 credits of coursework and a minor research component‚ all of which can be completed within one year. Upon successful completion‚ candidates should be well equipped for careers in the most sophisticated areas of risk management in the financial services sector; and to pursue doctoral research within the broad field of financial risk management. The programme has been designed to accommodate students from a wide variety of backgrounds.

DOC5011F Risk Management Quantitative Modelling
DOC5013F Risk Management Markets
DOC5010S Risk Management Governance
BUS5005W Minor Dissertation

An NQF level 8 qualification (Honours or four-year equivalent degree)
At least 18 credits of Mathematics at NQF level 5 (MAM1010F at UCT)
At least 18 credits of Microeconomics at NQF level 5 (ECO1010F at UCT)
At least 18 credits of Macroeconomics at NQF level 5 (ECO1011S at UCT)
At least 18 credits of Statistics at NQF level 5 (STA1000S at UCT)
Certified copies of official academic transcripts in ENGLISH (full transcripts for each tertiary institution attended)
Certified copies of degree certificates in ENGLISH (for each tertiary institution attended where applicable)
Applicants from universities situated in non-English speaking countries: TOEFL/IELTS certificate OR letter from previous tertiary institution stating “English as medium of instruction” for the programme
Curriculum vitae (include work experience)
A recent score (obtained within 3 - 5 years before application for admission) of at least 570 (paper-based test) or 230 (computer-based test) on the Test of English as a Foreign Language (TOEFL)
A recent overall band score of 7.0 (with no individual element of the test scoring below 6.0) on the International English Language Testing System (IELTS).
OR, noting that this may only be written at certain designated venues within South Africa, a score of at least 65% on the university's Placement Test in English for Educational Purposes (PTEEP).