Financial risk management (FRM) has conventionally entailed the mitigation of risks created by market, credit and operational uncertainty. Over recent years, the discipline has advanced rapidly and is now generally referred to as ‘Quantitative Finance’ and involves the understanding, creation and utilisation of advanced financial instruments (such as derivatives) to further discover and hedge financial opportunities.
Qualified students can take up stimulating and lucrative positions in the financial services industry – from investment banks, asset management companies and within hedge-funds as risk managers, portfolio managers, financial analysts or structurers.