Taught course

Financial Risk Management

University of Reading · Henley Business School

Entry requirements

Undergraduate degree: Minimum upper second class bachelors degree from a UK university, or the equivalent from an internationally recognised university Degree discipline: Any degree discipline, but must have a satisfactory existing level of numeracy

Months of entry


Course content


One of our flagship programmes with a leading world-class reputation for over 10 years and the first one in the UK to be accredited by the Global Association of Risk Professionals (GARP).

This programme is tailored to the needs of the rapidly changing financial markets, providing graduates with an insight into the new innovations in the area of risk management.

Through its accreditations by leading professional bodies and exemptions from various professional certificates, the programme offers a cutting edge learning experience, aligning research excellence and current market intelligence. Depending on the optional modules chosen, students may decide to specialise in risk analysis, markets and regulation, or risk management. Key risk management concepts, such as Value-At-Risk and the pricing and hedging of financial instruments, are taught by focusing on their application to relevant, practical problems in risk management and analysis.

Accreditations & Professional Development

GARP Accreditation This programme is accredited by the Global Association of Risk Professionals (GARP). The degree syllabus is enhanced with the most up-to-date professional practices in the area of risk management, integrating applied academic knowledge to industry needs and providing a competitive advantage to graduates. Integral to the academic course is the parallel study of the GARP FRM Part I certificate. Upon successful completion of their degree, students will be registered to take the FRM Part I examination.

PRMIA Accreditation and exemptions from PRM Exams I and II The programme is accredited by the Professional Risk Managers’ International Association (PRMIA), and has been awarded exemption from PRM Exams I and II. Students who complete the appropriate modules within the degree will be eligible for exemption from these exams, which form a major part of the PRM Certificate.

CISI MSc Financial Risk Management is accredited by the Chartered Institute of Securities and Investment (CISI) and the ICMA Centre is a CISI Centre of Excellence.

Information for international students

Finance programmes will accept students with IELTS 7.0 and will also accept IELTS 6.5 providing the student has completed the relevant English course with us

Fees and funding

UK students
International students


If you are an EU/UK applicant with a minimum 2:1 or equivalent from an overseas institution for your bachelor’s degree you might be eligible for a 50% scholarship. We also offer a range of other scholarships for international students.

Further information including application criteria and deadlines can be found at: www.icmacentre.ac.uk/study/scholarships-and-prizes

Qualification and course duration


full time
9 or 12 months months

Course contact details

ICMA Centre Admissions Officer
+44 (0) 118 378 8239