Focused on keeping our members and the media up to date with communications on the latest developments and advancements at GRI


Developing Future Risk Leaders: The Global Risk Institute to Provide Scholarships and Co-Curriculars For New UofT Rotman Risk Management Program

SEPTEMBER 22, 2015


University of Toronto’s Rotman School of Management launches new Master of Financial Risk Management Program

TORONTO – The Global Risk Institute in Financial Services (GRI) today announced that it will support student scholarships and co-curricular activities for a new Master of Financial Risk Management (MFRM) program at the University of Toronto’s Rotman School of Management.

The MFRM program is an intensive eight-month program for recent graduates with solid quantitative skills from undergraduate university programs. The program is designed to prepare students for in-demand careers in risk management and trading. Drawing from the expertise and network of GRI’s senior team, GRI will enhance students’ opportunities through coordinating co-curricular activities with practitioners and industry experts.

Mr. Richard Nesbitt, GRI’s President & CEO, said: “We are committed to enhancing sound risk management through our education and research programs, and to delivering value to our members by ensuring that graduates understand the real challenges faced by industry. We are happy to support Rotman students with their work in this innovative new degree.”

The program will be taught by leading researchers in risk management and finance including Prof. John Hull, Maple Financial Group Chair in Derivatives and Risk Management; and Prof. Peter Christoffersen, TSX Chair in Capital Markets; who are co-directors of the program. GRI’s own President & CEO, Richard Nesbitt, and Dean of Rotman and former Senior Deputy Governor of the Bank of Canada, Tiff Macklem will also be involved in the program.

The MFRM program will formally launch on October 17, when Richard Nesbitt will address an audience of prospective students at a launch event. The first classes for the MFRM program begin in September 2016. Complete program information, including how to apply, is available from the Rotman School of Management website.

ABOUT THE GLOBAL RISK INSTITUTE IN FINANCIAL SERVICES (GRI):The Global Risk Institute in Financial Services (GRI) is a leading provider of applied, integrative research and education programs. GRI was founded as a not-for-profit institute by the Government of Canada, the Province of Ontario, TD Group and Manulife in 2011, and currently has 29 member institutions from the financial services sector across Canada. GRI enables financial institutions, policy-makers and regulators to better manage the balance between risk and opportunity by delivering applied research and education programs that build risk capacity and stimulate evidence-based debate for its members and the wider global financial community.