School of Graduate Studies

School of Graduate Studies
School of Graduate Studies

Graduate Diploma in Risk Policy & Regulation

Economics Department at Queen's


"This new graduate diploma will create prospective candidates with specialized skill sets organizations such as the Canada Deposit Insurance Corporation (CDIC) seek – and I cannot stress enough the importance of the skills this program would offer.  In fields of specific expertise, as those in which CDIC operates, human resources departments are regularly faced with the challenge of finding qualified individuals for these hard-to-fill positions. Further, certain CDIC employees that have the relevant academic background would benefit from such a graduate programs targeted to their field of work.”  – Michèle Bourque, President and CEO of CDIC.”


Program Contact

Program Assistant
Risk Policy & Regulation Diploma
Queen's University Department of Economics
Dunning Hall, room 209
Kingston, ON, Canada K7L 3N6

Phone: 613.533.6191


Program Overview

The Graduate Diploma in Risk Policy and Regulation (RPRD) is unique in Canada. A key feature of the program is the integration of material from a wide variety of economic and related fields relevant for risk managers, regulators, supervisors, academics and administrators of financial stability (such as central banks).  Courses in Risk Management Theory and  Applications,  Financial Instiutions Theory and Practice, Financial Regulation, and Advanced Topics in Risk Management and Regulation, along with the incorporation of relevant material from financial management and accounting and behavioural economics, will enable graduates of the program to think creatively about how alternative risk management models can be developed and applied, and will allow them to contribute to the design of more effective regulations and policies influencing the financial sector. 


Students will have the opportunity to learn and engage with experts from academia as well as the private and public sector. Officers of the Bank of Canada, the Global Risk Institute and other professionals in the fields of financial regulation and financial stability will share their expertise in specialized topics of the curriculum.  

Career paths – employment opportunities

This program prepares graduates for careers in the public and the private sector in risk management, regulatory areas, policy and practice.

Degree Offered/Method of Completion

Degree Offered


Method of Completion

The Graduate Risk Policy and Regulation Diploma (RPRD) is a four (4) month program (Fall term, full time on campus) comprised of 4 compulsory courses involving projects, case-study analysis, and presentations

Academic Prerequisites & Deadline

Academic Prerequisites

The minimum standard of admission will be a B+ in a Master’s program in Economics, Master’s of Financial Economics or equivalent qualification. Therefore, students must have their BA(H) as well as MA in order to take the RPRD program.

Other Requirements

International applicants whose first language is not English or who have not recently studied for at least one complete year at a post-secondary institution where English is the official language of instruction, will be required to obtain satisfactory results in an English language proficiency test, as part of the application process, and before their application will be considered complete. A TOEFL total score of at least 600 (paper-based) or TOEFL iBT minimum scores of: writing (24/30); speaking (22/30); reading (22/30); listening (20/30), for a total of 88/120. Applicants must have the minimum score in each test as well as the minimum overall score.

MELAB score of 80 or an IELTS score of 7

Key Dates and Deadlines

The online application system is now open

The application deadline is January 15th, 2016. 

Supporting documentation, including references and transcripts, are due as soon as possible.  The documents are required no later than March 1st, 2016.

Learning Outcomes

Degree Level Expectations - Diploma (139 KB)