Masters In Insurance And Risk Management Canada
The Master of Insurance and Risk Management (MIRM) is a full-time, three-semester program that provides students with the education and practical experience to enter the insurance industry as actuaries, risk managers or underwriters.
Along with this unique program, students are able to obtain CFA charterholder status through a partnership between the University of Waterloo’s Faculty of Mathematics and Wilfrid Laurier University’s School of Business & Economics.
Masters In Insurance And Risk Management Canada
Introduction

Canada is a great place to study risk management and insurance. There are many universities that offer advanced degrees for professionals in the field, as well as MBAs with an optional concentration in financial services and insurance. Here’s a list of some of the top programs:
The University of Waterloo offers a Masters of Arts in Risk Management and Insurance (M.A.)
- The University of Waterloo offers a Masters of Arts in Risk Management and Insurance (M.A.) program that is 36 credits.
- This program is offered online, so working professionals can take the course at their own pace and on their own schedule.
- The M.A. requires an 18-credit thesis, so students must complete an in-depth research project before graduating with their degree.
The Rotman School of Management at the University of Toronto offers an Executive Master of Business Administration (EMBA) in insurance and risk management.
The Rotman School of Management at the University of Toronto offers an Executive Master of Business Administration (EMBA) in insurance and risk management. The program is geared towards students with over five years of experience in the field.
This is a full-time program that takes place over four terms per year, each consisting of 15 weeks. Classes are held Monday through Friday from 8:30 a.m. to 5 p.m., with lectures held twice a week and weekly problem sets assigned on Fridays after class.
The course curriculum covers core topics in risk management, including actuarial science, uncertainty theory, finance and economics as well as how to apply them within various industries such as insurance, financial services and health care management. Students must take 21 credits total (excluding research credits) spread across five elective courses chosen from several different options depending on your focus area(s).
York University in Toronto also offers a Masters of Business Administration (MBA) with an optional concentration in financial services and insurance.
York University is a public research university in Toronto, Ontario, Canada.
The Masters of Business Administration (MBA) with an optional concentration in financial services and insurance at York University is designed to provide students with advanced knowledge and skills needed to successfully manage the financial services industry. This program helps you gain hands-on experience while developing your leadership abilities so that you can be successful in managing people, operations, business strategy and sales within the industry.
Wilfrid Laurier University in Waterloo, Ontario offers a Master of Business Administration (MBA) in insurance and risk management including several specializations.
Wilfrid Laurier University in Waterloo, Ontario offers a Master of Business Administration (MBA) in insurance and risk management including several specializations. The program is offered in partnership with the Insurance Institute of Canada (IIC), allowing students to complete their MBA requirements through online modules or through on-campus courses held at Wilfrid Laurier University’s campus in Waterloo.
The general MBA core covers topics such as financial accounting, marketing strategy, leadership and organizational behavior. Students then choose one of two options for the specialization: an insurance and risk management concentration or a financial analysis concentration. Both concentrations include core courses such as project management for finance professionals; strategic analysis for finance professionals; quantitative methods for decision making; investment analysis I: portfolio theory and portfolio selection; investments analysis II: corporate finance and corporate valuation techniques; as well as elective courses like joint ventures: options for growth within international boundaries; global strategic issues in supply chain management; comparative advantages concepts applied to international business practices; competitive intelligence tools & methods used by leading firms across industries today–to name just a few!
The Richard Ivey School of Business at Western University offers a Master’s of Business Administration (MBA) program specializing in risk management.
- Duration
The program duration is 18 months, full-time. You can complete the program on a part-time basis, however, this does not reduce your fees or time commitment but will increase your tuition costs.
- Costs
Tuition for the program varies depending on where you are based and whether or not you qualify for an international student fee waiver. A Masters in Insurance & Risk Management Canada is one of Western University’s most expensive programs; however, this price tag may be offset by a generous scholarship package offered to some students who meet certain criteria (i.e., 3 years of relevant work experience).
- Requirements
- Bachelor degree from an accredited university with at least 2 years professional experience working in the insurance industry OR 4 years related undergraduate coursework (with at least 2 years professional experience) AND 3 years relevant postgraduate coursework(with at least 1 year professional experience) OR 5 years related undergraduate coursework (with at least 1 year professional experience) AND 5 years relevant postgraduate coursework(with at least 1 year professional experience)
Canada is a great place to pursue an advanced degree with a concentration or specialization in risk management and insurance.
Canada is a great place to pursue an advanced degree with a concentration or specialization in risk management and insurance.
There are many options for furthering your education, whether you’re interested in obtaining a master’s degree or PhD at one of the top universities in Canada.
Conclusion
We hope that this guide has been helpful in your search for a master’s degree program in risk management or insurance. We have presented the many opportunities available to you in Canada and given some excellent tips on how to choose which one will be right for you. You will be able to get started on your education immediately with these programs and begin preparing yourself for a successful career after graduation.