MSc in Risk Management

Student Requirements

• Bachelor’s degree demonstrating strong quantitative ability - preferably in quantitative Economics, Mathematics or Physics*
• Professional experience preferred, but not mandatory
• A competitive GMAT/GRE score or equivalent proof of mathematical aptitude**
• High English language proficiency test (TOEFL/IELTS) score***
• Well rounded candidate with strong motivation, ambition and interpersonal skills

*In particular, students should be familiar with the material covered in the following international standard texts (or equivalents):
MATHEMATICS: Alpha C. Chiang and Kevin Wainwright - Fundamental Methods of Mathematical Economics;
PROBABILITY THEORY: Sheldon M. Ross - A First Course in Probability;
ECONOMETRICS: Christiaan Heij, Paul de Boer, Philip Hans Franses, Teun Kloek, and Herman K. van Dijk - Econometric Methods with Applications in Business and Economics;
INVESTMENTS: Zvi Bodie, Alex Kane, and Alan J. Marcus - Investments.

Furthermore, if you want to be ahead of the curve, the book by T M Apostol - Mathematical Analysis, is in its mathematical rigour representative for the level and contents that are covered during the first two blocks.

A background in basic corporate finance (for example at the level of Brealey, Meyers, Allan -Principles of Corporate Finance) is an advantage.

** Successful applicants typically perform among the top 10% of entrants on the quantitative part of the GRE. Test results should be sent directly to Duisenberg school of finance (GRE code 4235).

*** Scores that are more than two years old are not valid and will not be considered. Note that Chinese nationals should meet the institute’s IELTS requirement as this is a condition for obtaining a Netherlands Education Support Office (NESO) certificate. Chinese nationals are required to register with the NESO in Beijing to obtain a NESO certificate. English language proficiency test not mandatory for candidates with sufficient proof of previous undergraduate education taught in English.