Risk Management (Certificate)

The Master of Science in Finance program at Stuart School of Business, nationally ranked in the United States by TFE Times, offers a variety of graduate certificate programs specifically designed for finance professionals who want to enhance their specialized expertise to propel their careers forward, as well as earn stackable credentials as part of a degree program.

Key topics covered in the Certificate in Risk Management include:

  • Issues related to investment and its risk management, including statistical techniques around asset returns and asset volatilities
  • Models used to analyze credit risk exposures
  • The econometric theory and practice of time series analysis, with an emphasis on practical skills

Certificate students take courses alongside degree-seeking students and benefit from the same industry-experienced faculty, hands-on approach, and curriculum that is attuned to leading-edge finance practices and technologies.

Convenient for busy professionals, courses are scheduled in the evening at Illinois Tech’s Conviser Law Center in downtown Â鶹APP.

Program Overview

The Certificate in Risk Management covers credit risk, market risk and the time series analysis tools useful for estimating these risks. Courses include exercises with large data sets so students can learn to apply a variety of quantitative tools.

Career Opportunities

The Certificate in Risk Management provides finance professionals with the latest industry-relevant ideas, skills, and technologies targeted to their interests and career paths in risk management.

Disclaimer for prospective students, please read.
The information provided is sourced from a third party, Lightcast, and is provided here for informational and educational purposes only. Please be advised that the inclusion of the Lightcast resource on this website does not imply endorsement by Illinois Institute of Technology (Illinois Tech), nor is it a guarantee of the accuracy of this information. Illinois Tech makes no representation, warranty or guarantee, express or implied, that the information presented herein is reflective of the outcomes you can expect if you enroll in or graduate from an Illinois Tech program. Illinois Tech expressly disclaims any liability regarding Lightcast, or in connection with any actual or potential employment opportunity stemming from information on this site and you hereby irrevocably waive any claim(s) against the Illinois Tech for the same. Your use of this web page is an acknowledgement of your understanding and acceptance of the terms and conditions set forth herein. You are encouraged to conduct your own thorough research into job opportunities and outcomes in your field of study.

This certificate requires three semester-length courses (nine credit hours total). Each course meets once a week for 15 weeks.

  • Bachelor’s degree from an accredited institution with a minimum cumulative undergraduate grade-point average of 2.5 on a 4.0 scale (or equivalent)
  • Work experience is preferred
  • Completion of MSF 501, MSF 502, MSF 503, MSF 504, MSF 505, and MSF 506 OR equivalent as demonstrated by coursework in calculus, python programming, basic statistics, asset pricing theory (CAPM and APT), understanding of the futures and options markets and introductory accounting

Designed for Busy Professionals

Stuart School of Business Certificates Are:

  • Targeted: Get the specific, career-focused education you need now
  • Convenient: Evening courses at Illinois Tech’s Conviser Law Center in downtown Â鶹APP, located one block west of Union Station and near Ogilvie Transportation Center
  • Flexible: Take one or more courses at a time

Your Certificate Credit Is Stackable

The Certificate in Risk Management is stackable, which means that all nine credit hours automatically apply if you choose to pursue the Illinois Tech M.S. in Finance degree.

Students in this certificate program who later apply and are admitted to a different master’s degree program at Stuart may apply all approved certificate coursework with a grade of B or higher to that master’s degree. A certificate is typically equivalent to one-fourth to one-third of the credit hours required for a degree. Students have the option of transferring to the master’s program in any semester.

Featured Faculty

Yiwei Fang
Associate Professor of Finance
Sang Baum "Solomon" Kang
Assistant Director, Undergraduate Programs in Business Associate Professor of Finance