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Master in Risk Management

Education objectives

The Master's Degree Program in Risk Management prepares professionals and executives to address the challenges of identifying, assessing, and managing risk in the financial sector. Aligned with leading international standards such as those set by the CFA Institute and GARP, the program covers the essential knowledge needed for informed decision-making, in line with best practices and regulatory requirements (e.g., Basel III/IV and Solvency II).

With a current and innovative curriculum, the program takes a hands-on, practice-oriented approach, supported by a strong analytical foundation. It integrates cutting-edge techniques in machine learning, deep learning, and artificial intelligence. It also explores the ongoing transformation of the financial industry driven by the adoption of technologies like blockchain and AI across FinTech, InsurTech, RegTech, Decentralized Finance, and Crypto-assets.

This program evolved from the Risk Analysis and Management specialization that was part of the Master¿s in Statistics and Information Management ¿ classified as the best Master's Degree in Risk Management in Portugal and the 2nd best in the world by Eduniversal (an international agency that publishes the annual ranking of the best Master's Degrees and MBAs in the world).

Applications:
To complete the application, the applicant must register in NOVA IMS' Applications Portal, fill the form, upload their Curriculum Vitae, their Qualification Certificate, Present the goals and motivation for applying to the program and pay the application fee (euros 51), after confirming the previous steps, they must submit the application.

Applications for this program, for the 2026/2027 academic year, start on January 1st, 2026, and will continue until the vacancies are filled. For more information, visit the NOVA IMS website: https://www.novaims.unl.pt/pt/candidatos/call-for-applications/

General characterization

DGES code

MG13

Cicle

Master (2nd Cycle)

Degree

Mestrado

Access to other programs

This Master Degree gives access to a Doctoral Program

Coordinator

Available soon

Opening date

The program will start in September 2026.

Vacancies

70

Fees

6.000 euros for applicants with a nationality from a European Union member country. 7.500 euros for applicants of other nationalities.

Schedule

After-working Hours

Teaching language

English

Degree pre-requisites

For the conclusion of the curricular component, it is necessary to obtain a minimum of 60 ECTS (credit units). The curricular component of the program includes two semesters, that corresponds to a postgraduate program diploma.

To earn the Master degree, the student must develop a scholarly thesis or a work project and the realization of the Course Unit of Research Methodologies, carried out in the third semester.

Conditions of admittance

The requirements for the applications are: a degree in a compatible field (complete until September 2026); be proficient in English (spoken and written). The selection process is based on the analysis of academic and professional curriculum. The members of the Admissions Jury Panel may decide to hold an interview with all or some applicants - face-to-face or videoconference.

Evaluation rules

The assessment method will be continuous assessment, i.e. through individual or group work, projects, quizzes, tests/exams, etc. At the beginning of each academic year, it is up to each teacher of each Curricular Unit (CU) to define how assessment will be carried out in their CUs, and this information is then made available via the student platform.