Quantitative Asset and Risk Management (ARIMA) Master’s Degree Program at UE Katowice
Program ARIMA is fully conducted in English. Here you will learn about the practical ways of applying the quantitative methods in finance and insurance. The programme concentrates on practical aspects of measurement and risk valuation in asset management (both on financial and insurance markets).
The students of this specialization have an amazing opportunity to gain additional diploma (Double Degree) from universities:
Moreover, thanks to CFA accreditation, the best students may get funding for examinations. As for PRMIA accreditation, it allows students to pass one of two PRM ( Professional Risk Manager).
Are you ambitious and do you have a clearly defined goal? Is the world of numbers and finance your cup of tea? Do you have aspirations for an international career? Then ARIMA is for you! The double degree, international experience and specialized language skills prepare you to enter the world of international finance, where your working opportunities are just around the corner!
The programme was constructed to balance the theory of asset and risk management with its practical counterpart. ARIMA students broaden their knowledge in the field of risk measurement, valuation of financial instruments as well as model-based management. Additionally, the use of IT tools (VBA, R, MATLAB, Python) provides support during the process of knowledge application, where it can become a fundament of understanding the advanced modeling and valuation techniques.
In this course, students are working in small groups. The individual approach allows a more flexible timetable, for example modules 2 days per week. The elastic study time and also fitting the exam schedules for the working students, is a perfect option for those who want to start their career during university.
Our professors create a highly qualified team with fluent English skills, where the majority have great experience in international cooperation. They apply innovative educational methodologies, such as acquisition methods or practical methods with the use of new technologies eg. simulator games. For the students, they combine the theory of business with the practical aspects of it. Our University frequently invites guest professors from foreign Universities, but also professionals from the field, among all from UBS Solution - the business partner of the course ( and whole Finance and Accounting Department).
The ARIMA programme is a member of the educational-scientific network INTQUANT and GrEnFin. They allow students to participate in additional Intensive Programmes as well as Summer Schools.
The gained CFA and PRMIA accreditations, give students a possibility to frequently take part in offered projects like:
CFA Research Challenge
CFA Institute Ethics Learning Lab
CFA Ethics Challenge
AI in ESG Investing
PRMIA Risk Management Challenge
Infrastructure and location
The university's extensive infrastructure is at your disposal: modern libraries, multimedia rooms, swimming pool, gym, relaxation zones, free parking lots and Wi-Fi. If you cannot visit us now - take a virtual walk around the campus. The campus is located in the city of Katowice, the capital of the Silesian Voivodeship and the heart of Metropolis inhabited by over 2 million people. Katowice is a city of dynamic transformations, open to changes, attracting young people who associate their future with Poland. It is a great place to study, live, work and spend free time.
Besides the research project-based trips, our students have various options for foreign studies and internships. The ARIMA students usually decide to go on the exchange to Great Britain, Austria and Finland in Europe, while the more adventurous ones decide on the USA, Taiwan or Russia.
Competences after graduation
The ARIMA graduates know and can apply advanced techniques of:
asset price valuation and risk management;
The double degree system and international accreditations greatly raises the educational standards, that opens the work opportunities for national and international prospects.
Job opportunities after graduation
The obtained practical knowledge of Business English and quantitative methods, simultaneously with finishing ARIMA significantly facilitates getting a job in financial institutions like: general and investment banks, investment and pension funding, also IT and consulting companies.
ARIMA graduates may work as:
middle- and top-level manager;
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After what studies you can join us
The ARIMA programme requires future students to be on the English level not lower than B2. The candidates with interest in practical application of quantitative methods in finance and insurance. Moreover, the recommended Bachelor education in fields like:
Finance and accounting;
Econophysics and others.
Please remember that the programme was constructed in a way that any graduate from different fields, with the interest of the topic, was able to be successful. The first semester is concentrated on the introduction to finance and quantitative methods topics. The following terms will work specifically on the issues of assets and risk management.
How to apply
The basic requirement for admission of candidates for master's studies is the original Bachelor diploma or original diploma supplement / transcript of records and a document confirming the knowledge of English. The detailed application process and necessary documents are presented below.
After positive verification of your application, we will invite you for an interview. After obtaining a positive result of the interview you will receive a payment notification for the first semester tuition fee. When we confirm the transfer, we will issue the acceptance letter, which can be used for your visa application.
Apply for a visa in a Polish consulate. You can start the process not sooner than three months before your planned arrival in Poland. Remember to take all of your documents to be legalized by a Polish consul.
To enroll in the study program in Poland, you must have valid health insurance (a medical travel insurance whose coverage amounts to not less than EUR 30,000, and covering all expenses that may arise in connection with the need to return for medical reasons, a medical emergency, urgent hospitalisation or death, or medical insurance within the meaning of Polish regulations on health care benefits financed out of public funds).