Climate Risk and Financial Modelling (Science)

This area of specialization addresses sustainability and the environment through the understanding of environmental systems using integrated scientific knowledge.

Learners will be able to critically assess complex environmental systems that are constantly evolving and subject to the influence of climate change. Natural hazards and sustainable exploration are key components of this interdisciplinary graduate diploma. In addition, learners will build on their ability to define and describe scientific information including Environmetrics, financial management, and quantitative modeling of climate risks and natural disasters to tackle critical environmental and sustainability challenges facing our evolving planet.

Learning Outcomes

After completing the Graduate Diploma in Climate Risk Assessment and Opportunity concentrating in the area of Climate Risk and Financial Modelling, students will be able to:

  • Evaluate climate-environmental hazards and explain their risks to people, buildings, and infrastructure
  • Analyze climate-environmental hazard data using modern data science and statistical approaches
  • Evaluate and synthesize the quality of information on climate-environmental hazards
  • Develop a workable plan for risk mitigation and management with a socio-economic impact of the proposed actions
  • Understand the quantitative methods for identifying past climate change and construct and evaluate models that predict future climate change scenarios

Recommended Background

  • Undergraduate degree in a science discipline
  • Basic financial and statistical knowledge
  • A working knowledge of programming languages (Python, R, C, C++, R, or Matlab, etc.). 

Course Offerings

  • Understanding Climate and Climate Change (CRSCI 9007)
  • Financial Climate Risk Management (CRSCI 9006)
  • Impact Forecasting and Management of Natural Catastrophes and Climate Risks (CRSCI 9005)