About the UConn MS FRM Program


The mission of the Master's of Science in Financial Risk Management (FRM) is to provide an outstanding program in the design, development, and execution of financial risk management strategies and systems. Through collaboration with the financial services industry in the State of Connecticut, the program will provide a forum for interaction of academics and practitioners to focus on the practice of creating economic value by managing exposure to risk.

Theory and Practice

The program provides a unique blend of theory and practice designed for financial professionals who develop and direct investment strategies and/or manage the financial risk of firms, institutions, and private clients. The theoretical component is analytical and quantitative, the practice component emphasizes the behavioral issues and human factors in the design and implementation of internal control, communication and governance of exposure to risk.

The program either utilizes or provides exposure to a variety of risk management-related software to enhance the program’s real world focus and the hands-on learning experience for the student. Free of cost programming workshops are provided on Excel VBA, Python, R, C##, FinTech, Bloomberg, and MATLAB by experts. We have Bloomberg representatives come on campus to train students and have 3 Bloomberg Terminals at the Stamford campus as well as 5 at the Hartford Campus.

Our curriculum includes four seminar classes taught by experts and top practitioners currently working in their industries. Our Capstone project runs exactly like a consulting job, with projects sponsored by local companies, which provides students with additional real world work experience in the risk management industry. Our Experiential Learning Requirement, which can be fulfilled in a variety of ways, including Competitions, Student Managed Fund, internships and work experience, also provides students with hands on experience in the risk management field.