Máster Universitario en Gestión de Riesgos Financieros

The Master's Degree in Financial Risk Management is aimed at university graduates who wish to direct their professional life towards the financial sector, with specialized and updated training in financial risk management. This training will generate high added value for those applying for jobs in financial institutions, consulting companies, the insurance sector and the most regulated sectors, such as energy or telecommunications.

It is suitable both for students who have recently completed their studies and for those who have professional experience and wish to incorporate this specialized training into their curriculum.

The skills that the student will need to the greatest extent are maturity and analytical capacity. The required attitudes are motivation, work commitment and appreciation of ethical principles.

The master's degree is especially adapted to graduates in economics studies, business administration or studies that provide solid quantitative training (engineers, technical engineers, graduates in mathematical sciences, physics, statistics).

The program is taught in Spanish, so an advanced level in this language is required. Likewise, an intermediate level of English is required to consult documentary sources and to respond to the requirements requested by companies, both for curricular practices and for professional insertion.

The Master's Degree in Financial Risk Management equips the student with skills that allow them to carry out their activity in the following positions within the financial area.

• Integrated positions in the risk departments of companies in the financial sector (credit institutions, investment services companies, management companies of collective investment institutions and venture capital entities) and non-financial sectors with strong regulation (industrial companies, telecommunications and energy).
• Risk analysis positions in venture capital companies, rating agencies, securitization companies, research and consulting services companies and entities.
• Positions linked to product development departments of financial entities.
• Integrated positions in planning and control departments.
• Consulting positions for Public Administrations and Regulatory Agencies.

Likewise, the Master's Degree in Financial Risk Management grants access to an official doctoral program in accordance with the provisions of Royal Decree 99/2011, of January 28, which regulates official doctoral studies.

First semester

Mandatory

• Time series analysis3.0 ECTS
• Multivariate analysis4.0 ECTS
• Corporate governance and ethics3.0 ECTS
• Computer tools applied to Risk Management5.0 ECTS
• Financial markets and products3.0 ECTS
• Quantitative models to assess risk4.0 ECTS
• Principles of risk identification and management4.0 ECTS
• Financial Assessment 3.0 ECTS

Second semester

Mandatory

• Analysis and management of credit risk4.0 ECTS
• Analysis and management of market and liquidity risk4.0 ECTS
• Analysis and management of operational, strategic and legal risk4.0 ECTS
• Strategic risk management within the company3.0 ECTS
• Internships in companies6.0 ECTS
• Master's final project 6.0 ECTS

Optional

• Management Skills4.0 ECTS
• Risk Laboratory4.0 ECTS
• Preparation for the FRM4.0 ECTS exam
• Principles of identification and management of insurance 4.0 ECTS

General competitions

• Capacity for analysis and synthesis.
• Ability to manage information from diverse sources.
• Problem solving and decision making.
• Organization, planning and time management skills.
• Advanced knowledge of computer science applied to the field of study.
• Interpersonal skills: listening, arguing and debating.
• Leadership and teamwork skills.
• Critical and self-critical capacity.
• Ethical commitment.
• Ability to adapt to change.
• Initiative and entrepreneurial spirit.

Specific competencies

• Understanding and deepening the concept of risk and its typology from a business perspective.
• Perception of the importance of the risk management function in the company.
• Knowledge and understanding of the complex and specific financial products used in risk management and the particularities of the markets in which they are traded.
• Knowledge of advanced statistical models related to risk analysis.
• Mastery of the most used risk measures and their properties.
• Knowledge and application of the main advanced statistical tools for data analysis.
• Knowledge and application of multiple linear regression statistical models.
• Knowledge of classic models for valuing variable income financial assets.
• Knowledge and correct application of the principles of valuation and management of fixed income portfolios.
• Knowledge and correct application of the principles of valuation of derivative assets.
• Knowledge of the concepts and tools of time series analysis and stochastic volatility models.
• Deepening the concept of market risk and mastery of the calculation methods most used in professional practice.
• Deepening of the concept of liquidity risk and mastery of the calculation methods most used in professional practice.
• Deepening in the concept of credit risk and mastery of the calculation methods most used in professional practice.
• Deepening in the concept of operational, strategic and legal risk and mastery of the calculation methods most used in professional practice.
• Ability to integrate the company's global strategy with risk management, extracting its effects on the different functional areas.
• Knowledge and use of specific advanced information analysis software necessary to carry out professional risk management.
• Identification of possible ethical problems raised in the business environment and justification of the best applicable solution.
• Knowledge and understanding of the basic concepts related to insurance and the insurance market.
• Use and application in the development of a real business practice of the different theoretical and practical knowledge acquired in the degree.