Expert knowledge is crucial throughout the persistent global financial crisis to manage the wide range of financial risks. In-depth exposure to the different risk types and complex risk management processes prepares students for a career in any risk-related area including strategy and national/ international regulators, such as the European Central Bank.
The Master of Finance was the first programme in Germany accredited by GARP and this specific concentration is supported by the Frankfurt Institute for Risk Management and Regulation (FIRM) which supports our students with a number of generous scholarships.
Risk Governance & Organisation
The module covers the fundamentals of risk processes and governance, the concept of capital coverage, integrated performance as well as the risk categories.
We will discuss organisational and process requirements for each risk category using case studies on risk governance and risk management failures. Focus is also put on the supervisory process of the ECB.
Derivatives Analysis
Students will focus on understanding the use of derivative products, gaining a theoretical understanding of forwards and options, learn to analyse and calculate hedges and how to implement these with Excel.
Credit Risk
In this module you gain a thorough understanding of interest rate products and interest rate models. You are able to apply advanced knowledge for assessing interest rate risk, i.e. you can quantify yield curve risk, apply interest rate derivatives and structured products to manage risks, analyze complex structured products and assess their modeling requirements.
Portfolio Management
This module discusses in detail the theoretical and computational tools used in the portfolio analysis and in risk management. Theoretical lectures are supported by group home assignments in which you will apply the theory to a number of real portfolio analysis problems. For the second half of the course, deeper emphasis is put on risk management issues.
Dedicated Elective
Our students must choose 2 elective modules related to Risk Management.
"The Risk Management Concentration at Frankfurt School is an excellent introduction to the necessary skills and thematic focuses found in the industry. In contrast to a more compliance driven risk management, Frankfurt School focuses on the quantitative methods in asset management and valuation."
Check out other reasons why Justin, a Master of Finance Alumnus, chose this concentration here.