The Master of Science in Finance and Risk Management (FiRM) delivers a rigorous, advanced education in finance, quantitative risk management, actuarial science, banking, and financial accounting. Blending economic theory with cutting-edge quantitative tools, the program equips students to assess and manage risk across financial, economic, and insurance contexts.

FiRM is designed to meet the growing industry demand for professionals with strong quantitative and analytical skills in finance, risk management, banking, and insurance, as well as at the intersections of these fields. Graduates will be well-prepared for high-level careers across a diverse range of sectors, including financial institutions, insurance and reinsurance firms, banks, accounting and consulting firms, private equity and venture capital, data analytics companies, central banks, and academia.

The program also offers exclusive Double Degree opportunities, hands-on workshops with industry professionals, and internship opportunities with partner companies and financial institutions.

 

Unlock Your Future in Finance with the MSc in Finance and Risk Management (CLM FiRM)

Step into the world of high-level finance with the MSc in Finance and Risk Management—a dynamic program designed to equip you with the advanced knowledge and practical skills needed to thrive in today’s complex financial landscape. Whether you’re aiming for a career in investment banking, risk analysis, insurance, or actuarial science, this program delivers a rich blend of theory and real-world application.

 

What You will Learn

This Master’s program bridges cutting-edge economic theory and quantitative techniques—spanning probability theory, statistics, numerical analysis, and computational methods—to help you assess and manage risk in finance, economics, and insurance.

 

You’ll gain solid foundations in:

• Corporate Finance

• Financial Markets & Institutions

• Financial Accounting

• Quantitative & Computational Finance

• Risk Management

• Econometrics of Financial Markets

• Computational Economics

 

From day one, you’ll build in-demand coding skills in MATLAB and Python—essentials in today’s data-driven financial industry.

 

Theory Meets Practice

MSc in Finance and Risk Management, you won’t just sit in a lecture hall. You’ll apply what you learn in practical sessions, engage with experienced finance and insurance professionals, and analyze real-world data. This hands-on approach ensures you graduate with both deep knowledge and practical expertise.

 

Shape Your Future

In your second year, you’ll tailor your studies by choosing one of three specialized tracks:

• Corporate Finance & Banking

• Insurance & Risk Management

• Quantitative and AI Methods for Finance

 

Each track is designed to align with specific career goals and industry demands, giving you a competitive edge no matter which direction you take.

 

Double Degrees for a Global Edge

Take your education international with one of our prestigious Double Degree programs:

• Master in Finance and Accounting at SGH Warsaw School of Economics (Poland) – Deepen your expertise in corporate finance and financial accountability.

• Master’s Degree in  Quantitative Asset and Risk Management at University of Economics in Katowice (Poland) – Master the intricacies of asset and risk management.

• Master of Science in Economics with the specialization International Financial Economics at University of Konstanz (Germany) – Focus on International Financial Economics and expand your global career prospects.

 

Career Prospects That Stand Out

Graduates of the MSc in Finance and Risk Management are highly sought after across a wide range of sectors, including:

• Financial Institutions

• Insurance & Reinsurance Companies

• Banks & Private Equity Firms

• Accounting & Consulting Firms

• Data Analytics Companies

• Industry & Corporate Management

• Academia & Research

 

You’ll be prepared for high-profile roles such as quantitative analyst, risk manager, asset manager, consultant, actuary, or data-driven strategist. Students completing this program in Italy are also eligible for professional recognition as Actuaries.

 

Merit-Based Grants by Leading Sponsors

CLM FiRM attracts top talent—and rewards it. Several merit-based grants are available through our industry sponsors, including Deloitte, Prometeia and EY (Ernst & Young).

These scholarships recognize academic excellence and provide valuable connections to the professional world.

 

Outstanding Job Placement

Our alumni thrive. Graduates have gone on to work for leading firms, banks, and institutions across the globe. Some of the top recruiters include:

Finance & Banking: Goldman Sachs, Morgan Stanley, BNP Paribas, HSBC, Unicredit, Banca MPS, Banca IMI, Banca Sella, IFIS Bank, Societé Générale Paris, ABN AMRO

Consulting & Analytics: Deloitte, EY, PwC, Prometeia, SDG Group, Accenture, CapGemini, Marsh, KPMG

Insurance & Risk Management: Generali, Aviva, Milliman, Alpiq

Industry & Tech: Baker Hughes, Bloomberg, Enel, AXPO, Edison, Illimity, Menarini Group, Yoox, P&G, 

Academia & Research: PhD placements in top institutions such as the SNS (Scuola Normale Superiore) in Mathematical Finance, University of Bath (UK), Roma Tor Vergata, Chieti-Pescara University, and more.

 

 

This is more than a Master’s degree—it’s your passport to a global, high-impact career in finance, risk management, and beyond.