Quantitative Asset and Risk Management (ARIMA) - full time master studies

ARIMA is a program conducted entirely in English, which in a practical way shows the use of quantitative methods in finance and insurance.

The specialization program emphasizes the practical possibilities of risk measurement and evaluation in every aspect of asset management (both in the financial and insurance markets). A student of this specialization has a unique opportunity to obtain an additional diploma (the so-called double degree) after obtaining at least 30 ECTS at one of the partner universities (University of Bologna, University of Applied Sciences BFI Vienna), or 60 ECTS points at the University of Florence.

In addition, thanks to the CFA™ and GARP™ accreditations, the best students can receive subsidies for exams (Chartered Financial Analyst, Financial Risk Manager), while the PRMIA accreditation allows students to pass 1 out of 2 PRM™ (Professional Risk Manager) exams.

Studies delivered only in English

Learn more about the program

Fees

Qualification rules

Candidates applying for admission to second-cycle studies taught in English are accepted on the basis of an interview. The interview is conducted online via Google Meet. Candidates are informed about the date and result of the interview via the recruitment system.

Graduates of higher education institutions from the European Union who have completed first- or second-cycle studies and have obtained at least 15 ECTS credits in courses related to quantitative methods, economics and finance during their studies are exempt from the qualification interview, provided they can document their English language proficiency at a minimum B2 level according to the Common European Framework of Reference for Languages (CEFR).

NOTE: you can take the interview before the defense! Candidates taking an interview for a second degree program conducted in English during the final year of their first degree program are required to upload to the recruitment system a document containing a list of grades from all passed semesters, as well as the name of the university, the name of the program of study, the start date and the expected date of graduation. You will be required to submit your graduation certificate/diploma no later than the end of September.

Candidates for second-cycle studies are expected to have basic computer competencies, particularly in searching for and gathering information, operating text editor, spreadsheet and presentation tools, as well as networking collaboration and information exchange tools, including instant messengers and email. Candidates should understand the potential risks associated with using the Internet and communicating via electronic media, and know the basic ways to avoid these risks.

Information on registration in the system

Candidates fill out the online application form. You can choose up to three programs. These programs should be indicated in order of preference, from most to least preferred. This order is taken into account in the admission procedure.

Admission to one of the selected programs means denial of admission to the other programs.

After the status in the IRK system is changed to qualified, candidates are required to submit a complete set of documents by the specified deadline.

Applicants for second-cycle (master’s) studies are expected to possess basic digital competences, particularly in the areas of information searching and gathering, using word processors, spreadsheets, presentation tools, as well as online collaboration and communication tools, including messengers and email. Candidates should also understand the potential risks associated with the use of the Internet and electronic communication, and be familiar with basic methods of avoiding such threats.