AIFMRM offers two Master’s degrees in collaboration with the School of Management Studies in the Faculty of Commerce.
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 Honours (or four-year equivalent) degree from any discipline, with first-year Mathematics, Microeconomics, Macroeconomics and Statistics (NQF level 5).
This degree is aimed at students who want to pursue a career in investment or retail banking‚ insurance, asset management‚ risk management‚ or any area that requires a solid quantitative finance or financial engineering background.
The qualification combines training in advanced mathematical and computing skills with a solid understanding of financial markets and asset pricing theory.
Applicants must have an Honours (or four–year equivalent) degree from one of the Faculties of Science‚ Commerce or Engineering. Since this is a predominantly mathematical degree, applicants must have successfully completed one year of Mathematical Statistics and at least two years of Pure Mathematics‚ with exposure to multivariate calculus‚ real analysis and linear algebra, as the minimum mathematical admission requirement.