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EDHEC-Risk Executive Education

EDHEC-Risk Institute Executive MSc in Risk and Investment Management - Curriculum

An original, challenging, and relevant curriculum

Perpetuating the traditional asset selection bias of the industry and targeting aspiring entrants, the typical master’s in investment management programme covers the basics of financial markets and focuses upon analysing financial statements and valuing traditional investment vehicles. The various steps in the investment management process are studied in a module that centres on conventional portfolio theory – investment policy, performance measurement, and portfolio rebalancing receive the most cursory treatment and asset allocation and risk management are too often equated with static diversification.

 

Designed for experienced investment professionals and driven by the changing needs of the industry, the EDHEC-Risk Executive MSc in Risk and Investment Management takes a radically new approach. It discards the coverage of basics of markets and securities, disregards security selection, and focuses on asset allocation and risk management as key sources of added-value. The programme questions the organisation of investment management and explores in detail every step in the investment management process. It casts investment in a dynamic framework and shows how to blend asset allocation and risk management to provide a solution to the limits of static allocation approaches.

While the programme explores research advances in asset allocation and risk management, its emphasis is on equipping participants with a conceptual framework and the practical tools to design and implement new solutions tailored to the needs and constraints of investors.

The curriculum of the Executive MSc in Risk and Investment Management offered by EDHEC-Risk Institute is centred around core courses which provide participants with sound knowledge of the economic and mathematical underpinnings of investment, with the modelling and empirical finance tools required to bridge the gap between investment management theory and practices, and with clear directions for optimising the value added from investment policy definition, strategic and tactical asset allocation, performance analysis and reporting, and risk management. While alternative and structured forms of investment receive dedicated treatment in the context of specific core courses, all courses dealing with asset pricing, empirical finance, portfolio construction and management, and risk management are set in a multi-style multi-class framework that spans traditional, alternative, and structured investments.

Electives allow participants to further explore a specific step in the investment management process, analyse emerging investment themes and investor solutions, or review recent regulatory and compliance developments affecting the industry.

Complimentary and optional access to the wealth of research events organised by EDHEC-Risk Institute gives Executive MSc in Risk and Investment Management participants an advance view of future developments in investment management theory and practices.


Core Courses

Core courses train participants to appreciate recent and forthcoming paradigm shifts in investment management and equip them with the conceptual and practical tools required to optimise risk and investment management and design novel investment solutions for institutional, private and retail investors that span traditional, alternative, and structured forms of investments. All core courses are mandatory.

» Consult the list of core courses.


Elective Courses

Elective courses allow participants to further explore a specific step in the investment management process, analyse emerging investment themes and investor solutions in depth, or review recent regulatory and compliance developments affecting the industry. While a minimum of twenty-one hours of electives is mandatory, participants are free to take as many elective courses as they wish.

» Consult the list of elective courses.


Optional Research Events
 
Executive MSc in Risk and Investment Management participants also have the opportunity to go beyond coursework and become involved in research activities. They will be offered the chance to join the Doctoral Research Workshop and the Applied Research Seminar series and will enjoy complimentary access to the annual conferences and occasional presentations organised by EDHEC-Risk Institute. Online or physical attendance in these research events provides Executive MSc in Risk and Investment Management participants with additional opportunities to review and discuss future developments in investment management theory and practices.

» Consult the list of optional research events.