This course encompasses the most important mathematical concepts and techniques applied in risk management. It covers the basic mathematical principles for the Certificate of Advanced Studies in Risk Management for Banking and Finance.

Target audience

The course aims at risk professionals, or those who interface with risk management disciplines on a very regular basis, who want to improve and expand their knowledge in risk management. Candidates are being tested in all areas of risk management for the required broad knowledge and understanding that risk managers must bring to the job.

The course is also suitable for professionals preparing for the PRMIA Certificate.


Participants have a graduate degree and several years of working experience. A certain level of mathematical knowledge is very beneficial and helpful for successful completion. The course language is English.


Participants know the most important mathematical concepts for risk and their applications.

Course director

Prof. Dr. Erich Walter Farkas, Department of Banking and Finance, University of Zurich


Prof. Dr. Erich Walter Farkas Department of Banking and Finance UZH
Prof. Marc Paolella Department of Banking and Finance UZH
Prof. Martin Schweizer Department of Mathematics ETH
Dr. Chris Bardgett Department of Banking and Finance UZH


Written exam


Attestation of participation (3 ECTS)
Participants who also successfully complete the courses Finance Theory for Risk Management and Risk Management Practices will receive a CAS in Risk Management for Banking and Finance. The credits can be transferred to the DAS in Finance and the MAS in Finance.


Classroom attendance 

Place & Date

Course duration: September 22, 2017 – January 26, 2018 

Event Date Time Place
Lecture September 22, 2017 09.00 - 18.00 Zurich
Lecutre September 23, 2017 09.00 - 18.00 Zurich
Lecture November 17, 2017 14.00 - 18.00 Zurich
Lecture November 18, 2017 09.00 - 18.00 Zurich
Exam January 26, 2018 09.00 - 11.00 Zurich

Application deadline: August 31, 2017


CHF 2'100.- including final exam