Financial Managers are expected to have knowledge of principles and practices of Financial Risk Management. Therefore, MBA in Finance and Risk Management program is designed to cover all dimensions of Risk Management and Finance including recent development in Corporate Risk Management, Sustainable Risk and Risk Financing techniques. Students will learn how to choose alternative techniques to reduce exposure and risks and implement a risk-assessment tool to evaluate future risks. They will also learn implementation and monitoring of selected techniques. The Master’s program requires completion of 72 credit hours of course work comprising 24 courses. Students require maintaining 3.0 CGPA on a scale of 4 for the conferment of degree.

Applicants with a 4-year bachelor’s degree from IoBM in non-business disciplines can claim up to 6 course exemptions from the foundation stage for the equivalent courses completed in the bachelor program.

Required Courses

Accounting Communication Economics Finance Finance and Risk Management Human Resource Management
ACC401
Introduction to Managerial and Cost Accounting
ACC419
Financial Accounting
COM402
Business Communication
ECO401
Micro and Macroeconomics
ECO408
Applied Financial Economics
FIN408
Theory and Practice of Financial Management
FIN501
Advanced Financial Management
FIN511
Analysis of Financial Statements
FRM401
Principles of Risk Management
FRM402
Computational Methods in Risk
FRM403
Introduction to Financial Risk Management
FRM404
Risk Financing Techniques
FRM405
Advanced Financial Risk Management
HRM410
Managing Human Capital
Law Management Marketing Mathematics Social Sciences Statistics
LAW403
Business and Insurance Law
MAN418
Management and Organizational Dynamics
MAN405
Strategic Management
MKT401
Principles of Marketing
MTH409
Financial Mathematics I
MTH410
Financial Mathematics II
SSC405
Business Ethics and Financial Responsibility
STA402
Model and Inferences

Elective Courses

Finance and Banking Finance and Risk Management
FIN403
Islamic Banking and Finance
FRM503
Corporate Risk Management
FRM504
Theory of Risk and Insurance
FRM505
Corporate Treasury and Risk Management
FRM506
Financial Regulation for Risk Management
FRM508
Financial Market Issues and Crisis
FRM510
Energy Risk Management
FRM512
International Risk and Financial Reporting
FRM513
Project Risk Management
FRM514
Takaful and Risk Management in Islamic Products
FRM516
International Financial Reporting and Standards
FRM517
Property Risk Management
FRM518
Management of Insurance Institutions

Course Structure

SEMESTER ONE SEMESTER TWO SEMESTER THREE
Introduction to Financial Accounting
Business Communication
Management and Organizational Dynamics
Model and Inferences
Micro and Macroeconomics
Financial Management
Principles of Marketing
Financial Mathematics I
Intro. to Managerial & Cost Accounting
Principles of Risk Management
Computational Methods in Risk
Financial Mathematics II
SEMESTER FOUR SEMESTER FIVE SEMESTER SIX
Advanced Financial Management
Intro. to Financial Risk Management
Business and Insurance Law
Managing Human Capital
Applied Financial Economics
Analysis of Financial Statements
Business Ethics & Fin. Responsibility
Elective I
Risk Financing Techniques
Advanced Financial Risk Management
Strategic Management
Elective II