Schulich’s Master of Finance Program announces new regulatory affairs stream

The Master of Finance Program at York’s Schulich of Business announced a new specialization in Regulatory Affairs for Financial Institutions Tuesday – one of the first of its kind in the world.

“The regulatory affairs specialization is Schulich’s answer to the heightened worldwide demand for practitioners trained to succeed within an increasingly regulated banking industry,” said Dezsö J. Horváth, dean of the Schulich School of Business. “High-demand career options for graduates of the 12-month program will include both private and public sector roles in risk management, analysis, compliance and regulatory affairs.”

The regulatory affairs specialization was designed by Schulich in partnership with the Toronto Centre, the world’s leading organization providing practical leadership training to financial sector regulators and supervisors. Backed by the DeszoHorvathCanadian International Development Agency (CIDA), Swedish International Development Cooperation Agency (Sida), the World Bank, the International Monetary Fund and the Schulich School of Business, the Toronto Centre has trained more than 5,500 supervisors and regulators from more than 170 countries since it was founded in 1998.

Dezsö J. Horváth

“Since the 2008 global financial crisis, the importance of sound supervisory and regulatory practices has been increasingly recognized, causing demand for training and capacity-building programs,” said John Palmer, chair of the Toronto Centre.

“Schulich’s new regulatory affairs stream will provide students with the technical expertise and critical management skills now in high demand by the banking industry and regulatory agencies around the world,” said James Darroch, director of Schulich’s Financial Services Program. “Changes in regulation since the financial crisis have placed increasingly technical demands upon both financial sector regulators and those in financial institutions who deal with regulators and supervisors.”

The curriculum for the new regulatory affairs specialization includes courses in Corporate Financial Analysis; Introduction to Financial Services Management; Applying Regulatory and Supervisory Principles; Objectives and Principles of Financial Regulation; Specialized Topics in Regulation and Supervision; and the Co-Evolution of Financial Markets and Institutions.

Schulich’s 12-month Master of Finance degree also offers students the option of specializing in Capital Markets and Financial Risk Management. As a program partner with the CFA Institute, Schulich’s Master of Finance Program covers most of the curriculum for all three levels of the CFA exam.

For more information about Schulich’s Master of Finance program, visit the Schulich website.