Finance and Risk Management

Tutors

Assoc. Silviu Ursu, PhD
Assoc. Iulian Ihnatov, PhD

Admission criteria:                             
• 60% – grade of Bachelor exam;
• 40% – grade for CV & Cover Letter (written in English).

The candidates should prove their English skills, in one of the following ways:
• by holding a certificate issued by an entity which is recognized by the Romanian Ministry of Education, OR
• by passing an online English test during admission period.

Additional selection criteria:
1. Category of university where the candidate graduated Bachelor studies;
2. Average grade of Bachelor studies.

Curricula

  • Series 2023/2025
    1st year
    First semester
    Asset Pricing and Financial Markets
    Fundamentals of Risk Measurement
    Optional courses: 3 out of 6
    Monetary and Financial Macroeconomics
    Microeconomics of Financial Institutions
    Business Research Methods
    Probability and Statistics for Finance
    Information Systems and Business Processes
    Programming and Databases
    Second semester
    Corporate Finance and Analysis
    Advanced Mathematics for Economics
    Financial Econometrics
    International Financial Management
    Financial Reporting
    Supplementary courses
    Real Estate Business Management
    2nd year
    First semester
    Research Methods in Finance
    Corporate Valuation
    Responsible Finance and Investing
    Optional courses: 2 out of 10
    Portfolio Theory
    Derivative Instruments
    Taxes and Business Strategy
    Theory of Corporate Finance
    Digital Finance
    Banking, Insurance and Risk Management
    Credit Risk Management
    Market Risk Management
    Operational Risk Management
    Business Ethics
    Supplementary courses
    Financial Controlling
    Second semester
    Advanced Topics in Bank Risk Management
    Master’s Thesis Preparation: Ethics and Academic Integrity, Internship, Writing and Defense
    Optional courses: 1 out of 2
    Governance and Regulation
    a. Corporate Governance
    b. Monetary Policy and Financial Regulation
    Institutional and Personal Investment
    a. Institutional Investment Management
    b. Behavioural Finance and Personal Investing
  • Series 2022/2024
    1st year
    First semester
    Asset Pricing and Financial Markets
    Fundamentals of Risk Measurement
    Optional courses: 3 out of 6
    Monetary and Financial Macroeconomics
    Microeconomics of Financial Institutions
    Business Research Methods
    Probability and Statistics for Finance
    Information Systems and Business Processes
    Programming and Databases
    Second semester
    Corporate Finance and Analysis
    Advanced Mathematics for Economics
    Financial Econometrics
    International Financial Management
    Financial Reporting
    Supplementary courses
    Real Estate Business Management
    2nd year
    First semester
    Research Methods in Finance
    Corporate Valuation
    Responsible Finance and Investing
    Optional courses: 2 out of 10
    Portfolio Theory
    Derivative Instruments
    Taxes and Business Strategy
    Theory of Corporate Finance
    Digital Finance
    Banking, Insurance and Risk Management
    Credit Risk Management
    Market Risk Management
    Operational Risk Management
    Business Ethics
    Supplementary courses
    Financial Controlling
    Second semester
    Advanced Topics in Bank Risk Management
    Master’s Thesis Preparation: Ethics and Academic Integrity, Internship, Writing and Defense
    Optional courses: 1 out of 2
    Governance and Regulation
    a. Corporate Governance
    b. Monetary Policy and Financial Regulation
    Institutional and Personal Investment
    a. Institutional Investment Management
    b. Behavioural Finance and Personal Investing


Finance and Risk Management (FRM) is the International Double-Degree Master’s Programme in English of Alexandru Ioan Cuza University of Iași created within the strategic partnership with top European universities – University of Groningen, University of Applied Sciences bfi Vienna, University of Bologna and University of Economics in Katowice.

You will choose FRM if you want to:

    • Join an international class and enhance your academic capability with renowned professors from world-class universities with international accreditation (AACSB, EQUIS) and top practitioners certified by global associations in finance and risk management (CFA and PRMIA);
    • Gain advanced knowledge of financial theory and research methods and develop the academic skills to design solutions for real and complex financial and risk management problems;
    • Acquire a comprehensive toolkit of highly practical skills for a successful career in investment management, security analysis, corporate restructuring, corporate planning and consultancy, or trading and risk management.