Overview
The Specialist Certificate in Risk Management is designed to equip learners with core knowledge and analytical skills required to understand and manage risks faced by financial institutions and organisations. In an increasingly uncertain and regulated environment, effective risk management is essential to sound decision-making and organisational resilience.
This certificate provides a structured foundation in key risk management concepts, including market risk, credit risk, liquidity risk, and operational risk. Learners will develop an understanding of risk measurement techniques, risk controls, and the role of risk management within financial institutions. Emphasis is placed on practical applications, regulatory considerations, and real-world case studies to illustrate how risk management frameworks are applied in professional settings.
This certificate is suitable for individuals seeking to develop competencies in risk management, as well as finance professionals looking to strengthen their understanding of risk-related functions. Upon completion, learners will be better prepared to support risk analysis, risk monitoring, and risk management activities within financial institutions and related organisations.
Curriculum
The specialist certificate consists of 3 courses, which can be completed within 1 year.
| Course | Skill |
|---|---|
FIN203 Essentials of Financial Management Students enrolled in BSc Finance will take FIN306 Financial Markets in lieu of FIN203. | Understand the roles of firms and financial markets in financial decision-making and risk management. |
| FIN326 Financial Risk Analysis | Apply quantitative techniques to measure, analyse, and interpret financial risks. |
| FIN366 Risk Governance and Regulation in Finance | Understand risk governance frameworks and regulatory requirements governing financial institutions. |
Industry Relevance
The specialist certificate is aligned with the Skills Framework for Financial Services, which is developed by the Institute of Banking and Finance Singapore (IBF), Monetary Authority of Singapore (MAS), SkillsFuture Singapore (SSG), and Workforce Singapore (WSG).
Eligibility
The specialist certificate is open to CET students as well as students enrolled in an undergraduate programme.
- At least 18 years of age.
- GCE A-Level with two passes (prior to 2006) or two H2 passes (from 2006), local polytechnic diploma, International Baccalaureate (IB) diploma, or NUS High School diploma.
- Applicants with a ITE diploma or other diploma qualifications plus an acceptable SAT or ACT (with writing) score may be considered for admission on a case by case basis.
- If not, at least 5 GCE O-Level passes and an interview.
Fees
For CET students, please click here for the course fees. SkillsFuture Credit and other schemes may be used to offset the course fees.
The application fee is $60 (before GST) for first-time CET applications, which is non-refundable.
For students enrolled in an undergraduate programme, undergraduate course fees apply.
Completion
To attain the specialist certificate, students need to pass all the courses. Students are encouraged to complete all the courses within 3 years.
Upon meeting the requirements, CET students can apply for the certificate. They can go on to pursue BSc Finance, subject to the admission requirements of the programme. Only courses with at least a C grade can stack towards the bachelor's degree.
Students enrolled in BSc Finance or any other undergraduate programme will be automatically issued the certificate upon meeting the requirements.
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