Finance Certificate: Professional Risk Management
A certificate program in finance will be of particular interest to financial professionals seeking to update their skills or acquire a new expertise, as well as to graduate students in the School of Business who wish to leverage their advanced degrees by stacking a complementary credential in their skills inventory. The Certificate in Risk Management prepares individuals for rewarding career progression in the fields of risk management and compliance functions of financial institutions and corporate treasuries. The curriculum addresses the tools and techniques for managing multiple sources of risk, including counterparty credit risk, market risk, operating risk, and regulatory risk. This program of study includes the subject matter required for the Financial Risk Manager (FRM®) certification administered by the Global Association of Risk Professionals (GARP), as well as the Professional Risk Manager (PRM™) designation administered by the Professional Risk Manager’s International Association (PRMIA). Students are encouraged to pursue one or both of these credentials along with their certificate.
Courses taken toward the certificate can be applied to an M.S. specialization.
| Code | Title | Credits |
|---|---|---|
| Prerequisites as required: | 9 | |
| ACCT 501 | Financial Accounting I | 3 |
| FINC 504 | Quantitative Methods for Business Decisions | 3 |
| FINC 507 | Corporate Financial Management | 3 |
| Required Core Program: | 18 | |
| FINC 710 | Counterparty Credit Risk Management | 3 |
| FINC 720 | Regulation and Compliance | 3 |
| FINC 740 | Operational Risk Management | 3 |
| FINC 772 | Analysis of Debt Investments | 3 |
| FINC 750 | Market Risk and Liquidity Risk Management | 3 |
| FINC 774 | Analysis of Derivatives and Alternative Investments | 3 |
Student Learning Outcomes
Upon completion of the Professional Risk Management Certificate, students will be able to:
- Identify ethical issues and understand the implications of social responsibility for sustainable business practices.
- Evaluate information and apply critical thinking skills to identify solutions and inform business decisions.
- Utilize technology, apply quantitative methods and interpret data to solve business problems.
- Integrate knowledge of core business concepts and collaborate productively as part of a team.
- Work effectively in a diverse environment and understand how global and cultural issues effect the organization and its stakeholders.
- Compose clear and concise forms of written communication to effectively convey ideas and information associated with business topics.
- Communicate business concepts effectively through oral presentation.