This degree is aimed at students who want to pursue a career in risk management in any area of the financial services sector.

The qualification is not restricted to students with a finance background. The primary objective of this degree is to equip students with the necessary methodological, practical and research skills for financial risk management. The technical skills courses cover mathematics, statistics, econometrics and computing. The coursework has been designed to demonstrate the application of technical skills in the modelling of complex financial and economic concepts, and to enhance the fundamental understanding of these.

The minimum admission requirement is:

  • An Engineering degree from any sub-discipline OR
  • An NQF level 8 qualification from any discipline, with first-year Mathematics and Statistics

Although AIFMRM cannot guarantee financial support for its students, the Institute’s graduates are in high demand, so there are numerous financial services companies who offer bursaries and scholarships exclusively for AIFMRM students. Application for these takes place after acceptance, and are for South African citizens only.

Further information: