The African Institute of Financial Markets and Risk Management in association with the Department of Finance and Tax offers a full-time professional MCom in Risk Management of Financial Markets by coursework. The primary objective of this professional Master’s degree is to equip students with the necessary methodological, regulatory and research skills for financial market risk management. The requisite technical skills cover fundamental mathematics, statistics, econometrics, and computing. The prescribed courses aim to instil the application of technical skills to modelling complex financial and economic concepts, and thereby enhancing 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 180 credits of coursework including a research component‚ all of which can be completed within one year. Upon successful completion‚ candidates should be well equipped for careers in sophisticated areas of risk management in the financial services sector; and to pursue doctoral research within the broad fields of financial risk management or quantitative finance. The programme has been designed to accommodate students from a wide variety of backgrounds.
There are limited places on the degree and admission is based on merit. Applicants must have an Honours (or four–year equivalent) degree from one of the Faculties of Science‚ Commerce or Engineering. Meeting the minimum requirements does not guarantee acceptance.
Although AIFMRM cannot guarantee financial support for our students, graduates of our degrees are in high demand, so there are numerous companies who offer bursaries and scholarships for AIFMRM students. Application for these takes place after acceptance.