4+1 Bachelor/Master's Degree Option for MSFRM
Advantages of the 4+1 MSFRM include
  • Master’s degree from a Research 1, AACSB-accredited School of Business
  • 2 graduate courses waived
  • Reduced cost compared to traditional MSFRM
  • No additional undergraduate courses
  • Program language learning workshops
  • Scholarships available
  • Program-specific career services & corporate outreach specialists
  • Alumni networking opportunities
  • $94K average starting salary
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School of Business students in lounge
UConn sign with graduates
Students in Hartford lounge

MEETING AN INDUSTRY NEED

In the midst of the 2008 financial crisis, we asked various C-suite professionals, “What is your next greatest need?” The unanimous reply: trained professionals who could foresee and manage the risks associated with their firms. In response, the finance department, in coordination with a Board of Advisors to represent industry needs, created the Master’s in Financial Risk Management (MSFRM). A STEM-designated program, the MSFRM is designed to teach students how to identify, mitigate, and manage various types of financial and operational risk.

THEORY AND PRACTICE

The MSFRM program provides a unique blend of theory and practice, designed for current or future financial professionals who will develop and direct investment strategies and/or manage the financial risk of firms, institutions, and private clients. The theoretical component is analytical and quantitative, and supported by a rich blend of practical application which culminates in capstone projects assigned to students. The overall curriculum is evaluated annually to include relevant and emerging topics, garnering input from faculty, professionals and our Board of Advisors.

PROFESSIONALS IN THE CLASSROOM

Tapping into the insights and perspectives of those practicing risk management, faculty teaching is augmented by experienced professionals who bring their knowledge and real-life experiences to the classroom. This unique blend of theory and practical application gives the MSFRM program meaningful value and appeal to your workplace and in career advancement.

GARP AFFILIATION

UConn’s MSFRM Program is affiliated with the Global Association of Risk Professionals (GARP), has contact with Stamford, Connecticut’s GARP Professional Chapter, and is one of only 50 schools worldwide with a University GARP Chapter. MSFRM graduates are prepared to take the GARP Financial Risk Management (FRM®) Exam.

4+1 MSFRM COURSE SEQUENCE

The 4+1 sequence delivers the MSFRM experience in 12 months. Students may elect to add a 9-credit optional concentration in Quantitative Methods in Risk Management, which takes an additional semester to complete.* 4+1 students on an F or J visa are not eligible to take the Quantitative Methods in Risk Management Concentration. These students should consider applying for the traditional, full-time MSFRM program. Students who elect to take this extra semester take 19 months to complete the program.

Fall

FNCE 5312 Financial Institutions
FNCE 5313 Financial Risk Modeling I
FNCE 5341 Financial Risk Management III – Credit Risk

Spring

FNCE 5321 Financial Risk Modeling II
FNCE 5322 Financial Risk Management I – Equity Markets
FNCE 5332 Financial Risk Management II – Fixed Income Markets

Summer

FNCE 5331 Financial Risk Modeling III
FNCE 5323 Advanced Issues and Applications in Risk Management I Seminar
FNCE 5343 Legal & Ethical Issues in Risk Management
FNCE 5344 Advanced Issues and Applications in Risk Management III Capstone

* The optional concentration is only offered during the spring semester at the Stamford campus. 

WHO SHOULD APPLY

University of Connecticut undergraduate students, at all campuses, are welcome to apply to the MSFRM 4+1 Program. This program is only open to students currently enrolled at UConn campuses. This is a highly quantitative program recommended for students majoring in finance, financial management, actuarial sciences, mathematics, statistics, economics, engineering, or other business and STEM majors.

DEADLINES

Applications open in September. 4+1 MSFRM students are encouraged to apply as early as possible during the first semester of their senior year. For final application deadline, please refer to grad.business.uconn.edu/deadlines

ELIGIBILITY

  • 3.0 minimum cumulative GPA1
  • 54 credits completed
  • UConn Business, STEM, or other related major

1 Waives GMAT/GRE requirement (only for majors in business, engineering, economics, mathematics, or statistics).
Individuals with less than a 3.0 GPA will be reviewed on a case-by-case basis.

Adriana Turkson ’20 (ENG) during her computer engineering class in the United Technology Engineering Building on Sept. 19, 2019. (Sean Flynn/UConn Photo)
(Sean Flynn/UConn Photo)

QUESTIONS?

If you would like more information or have any questions please contact:

Storrs/Hartford

Cheri Dondero

Admissions & Program Coordinator
Risk Management Programs
cheryl.dondero@uconn.edu

Stamford

Laurissa Berk

Associate Director
Risk Management Programs
laurissa.berk@uconn.edu

International Students

JiaJia Chen

International Program Manager
Risk Management Programs
jia_jia.chen@uconn.edu