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    University of Toronto

    Financial Risk Management

    Last verified against the official program page on .

    Toronto, CAMFRMIn-person10 months
    CA$74,650.00
    Tuition
    over 10mo
    60
    Cohort
    students
    6
    Credits
    CA$195.00
    App fee

    Financial Risk Management at University of Toronto is a 6-credit, 10-month, in-person MFRM program based in Toronto, CA. Tuition is CA$74,650.

    About the program

    The program covers financial risk types, regulatory environment, risk measurement and management systems, and models used in the financial sector. It includes a hands-on Risk Management Project with industry professionals.

    Focus: coursework
    #1 in Canada (QS Business Master’s Rankings 2023: Finance) | #1 in Canada (QS)

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    Admissions

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    GPA thresholds, GRE/TOEFL/IELTS minimums, essay counts, recommendation letters, prerequisites, admissions contacts, and country-specific requirements like APS certification, portfolio submissions, or GATE scores.

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    Deadlines

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    Exact application deadlines for each term (Fall, Spring, Summer, Rolling), with priority and final dates where the program distinguishes them.

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    Standardized tests

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    Which tests are required, optional, or waived (GRE, GMAT, TOEFL, IELTS, Duolingo), minimum scores including separate verbal / quant sections, and program codes for score reporting.

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    After the program

    Post-study work rights

    3 years PGWP (Canada)

    $82,447.00
    Avg starting salary
    82%
    6-month placement
    $29,306.00
    Annual living cost

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    Self-reported profiles of past applicants to this program.

    Prerequisites

    Specific coursework this program expects you to have completed: calculus, linear algebra, programming, statistics, and subject-specific prerequisites where applicable.

    Recommendations

    Exact count of letters required, whether academic vs professional references are preferred, and any program-specific guidance on who to ask.

    Essays

    Number of essays required (statement of purpose, personal statement, diversity statement), prompts where the program publishes them, and whether supplemental essays are optional or mandatory.

    Contact

    Direct email and phone for the admissions office handling this program, plus a link to the program-specific inquiry page where available.

    Frequently asked questions

    How much does Financial Risk Management at University of Toronto cost?
    The total estimated tuition for Financial Risk Management at University of Toronto is CA$74,650 across 6 required credits.
    Is Financial Risk Management at University of Toronto online or in-person?
    Financial Risk Management at University of Toronto is offered in-person.
    How long does Financial Risk Management at University of Toronto take to complete?
    Financial Risk Management at University of Toronto is structured around 10 months and 6 credits.
    What GPA is required for Financial Risk Management at University of Toronto?
    Per the program's published guidance: mid-B average (equivalent to a 3.0 from the University of Toronto)
    How large is the Financial Risk Management at University of Toronto cohort?
    Financial Risk Management at University of Toronto typically enrolls around 60 students per cohort.