Risk Management for Financial Institutions


This Master’s degree programme gets to grips with the practical aspects of risk management and is specially designed for working professionals who are keen to utilize essential concepts from behavioural finance to optimize risk management within their own organization.

As the financial world continues to be shaped by dramatic changes and technological advances, you and your organization need fresh insights and applications to protect stakeholder interests. To develop an astute and effective approach to risk management, it is essential to gain a thorough understanding of how human behaviour affects decision-making in uncertain conditions.

On this cutting-edge Master’s programme with a broad scope, you will work towards a new and more sophisticated analysis of how key players in the financial markets and the business world should take decisions in unsure times and handle the risks associated with these decisions. As a risk management professional ready to take the next step in your career, this is quite simply the most relevant, comprehensive and fascinating programme you can take.


Information session

Visit our information evening on Thursday 28 November and get acquainted with our programme. Our staff is available to help you with all your questions. An informal and individual meeting with somebody from our team is also always possible.
Please contact us m.l.j.habets@vu.nl.

Past Events
To learn more, please visit our our page with past events about risk management for videos and pictures.


Geen AOW-plus, maar een basispensioen over het hele salaris (Het Financieele Dagblad). We moeten niet naar een AOW-plus, maar naar een basispensioen over het hele salaris, stelt hoogleraar pensioenmarkten Fieke van der Lecq. Eerdere voorstellen van gepensioneerd FNV-pensioenonderhandelaar Chris Driessen en hoogleraar economie Arnoud Boot zijn in haar ogen uiteindelijk te problematisch.

Fieke van der Lecq

Nvb.nl interviews prof. dr. Fieke van der Lecq about Risk Management at VU. “What's unique about this education is the focus on human behaviour (behavioral finance). Many economic models presuppose that humans act rationally, whereas the reality is that this is hardly the case.”

Risk Management At A Glance

Duration: Part-time, 2.5 years.
Start: The programme begins in September.
Classes: Weekly meetings on a set evening, usually Tuesday or Wednesday, from 19.00 to 22.00 hours.
Assessment: Two written exams and several graded case studies per semester.
Thesis: You will write a portfolio of four concise papers spread throughout the 2.5 years, individually as well as in collaboration with fellow students.
Study load: Approximately 10 hours (including one three-hour lecture) a week.
Language: Dutch, but the language of instruction depends on the lecturer as well as the students.
Title: Master of Science (MSc) in Risk Management and the opportunity to join the Register of Risk Managers for Financial Institutions (RMFI).
Fee: €12,500 for each full academic year. No separate fee for the third year. In total €25,000.