This certificate program aims to equip students with a set of tools that will help them meet the standards of the Global Association of Risk Professionals (GARP) and the Professional Risk Managers' International Association (PRMIA) certifications. While being separate organizations, both GARP and PRMIA have become the standards in financial engineering and financial risk management due to their similar knowledge requirements for certification.
The financial engineering certificate topics will help prepare students to take the GARP Financial Risk Managers (FRM) exam and/or the PRMIA Professional Risk Managers (PRM) exam. Both exams are set around topics in finance theory, financial markets and financial instruments, market risk measures, quantitative analysis, mathematical foundations of risk management, financial derivatives for risk reduction, risk management best practices, operational risk, market risk, credit risk, case studies, ethics, and governance. The four courses covered in the certificate will provide a strong foundation in these areas.
This program is designed to appeal to working professionals. Certificate courses taken for graduate credit can be counted in the M.S. degree once accepted into the M.S. degree. If the four-course sequence is completed with a grade of "B" or better in each of the courses taken, they can apply to the M.S. program in engineering management. The certificate program may be followed by six additional 3 credit courses to complete the M.S. degree. The certificate program is open to all persons holding a B.S., M.S., or Ph.D. degree in engineering or a physical science and who have a minimum of 12-months of professional employment experience or are currently accepted into a graduate degree program at Missouri S&T.
If you have any questions, please do not hesitate to contact the department.
Students applying for a graduate certificate must submit the following:
Unofficial transcripts are sufficient for an admit decision.
Official transcripts should be mailed to Global Learning:
Missouri University of Science and Technology
Office of Global Learning
G8 Norwood Hall, 320 West 12th Street
Rolla, MO 65409
Are you a working professional who wants to earn your master's degree, but you don’t have time to take the GRE/GMAT? Then start in a graduate certificate program. Graduate certificates were designed as a pathway to a master's degree.* The admission requirements are more relaxed and credit earned will count toward your degree. Once you successfully earn your graduate certificate, you can continue with the corresponding master's degree without having to take the GRE/GMAT.
This graduate certificate may act as a pathway to the following master’s programs:
*Completion of a graduate certificate program does not automatically guarantee admission into a corresponding graduate degree program. To continue in a master’s degree program, you must apply.