MS in Enterprise Risk Management

30 Credits | Master of Science | Full-Time | Fall | On Campus

Organizations need to have a thorough understanding of business risk to optimize return on investment. Risk management professionals are critical to researching, analyzing, and managing the risk management process. Through foundational work on frameworks and modeling combined with real-world projects, the 30-credit master's in Enterprise Risk Management (ERM) at the Katz School puts students on the track for management careers in a variety of industries.

Our Master’s in Enterprise Risk Management is aligned with the Risk and Insurance Management Society’s RIMS-Certified Risk Management Professional (RIMS-CRMP©) certification and provides access to the RIMS global network, a professional body dedicated to advancing the practice of risk management worldwide. The curriculum includes key professional competencies, including enterprise risk management, financial sector analysis, statistics, and analytics.*

The MS in Enterprise Risk Management program is a recognized STEM degree, so international students may be eligible for extended Optional Practical Training (OPT) to work in the United States for up to 36 months after graduation. 

Maximize Your Impact

  • Learn about managing risk in healthcare, tech, transportation, government, credit, security, IT, law, and more.
  • Be prepared to manage both financial and hazard risks, as well as strategic and operational risks.
  • Earn your degree from a top 100 University according to U.S. News and World Report.

Featured Courses

In our project-based curriculum, you will analyze real-world scenarios using various risk management methodologies and learn to create risk response strategies. Our students apply ERM frameworks to assessment techniques and software to study various types of risk and management processes.

  • Financial Risk Modeling: This course brings together the model-oriented and economists' approaches to the risk management discipline. Quantitative analysis and economics are used to convey a common approach to risk management. Students will build an understanding of how global financial markets work so that they can apply risk management techniques effectively. The course will also provide an institutional, historical, and international context for risk management issues and will include data from a variety of public- and private-sector sources.
  • Cybersecurity and Cyber Terrorism: This course will introduce students to the principles of data and technology that frame and define cybersecurity. Students will gain insight into the importance of cybersecurity and the integral role of cybersecurity professionals. Students will explore foundational cybersecurity principles, security architecture, risk management, attacks, incidents, and emerging IT and IS technologies.

Download course descriptions.

Who Should Apply?

Our MS in Enterprise Risk Management (ERM) is designed for early to mid-career professionals seeking an in-depth, comprehensive grounding in the assessment and management of risk.

The program is also suitable for professionals working in related fields, such as accounting, auditing, insurance, business analysts, and strategic and IT systems planning, who want to pursue careers in risk management. Those without work experience but with academic backgrounds in these fields are also welcome to apply.

Careers

  • Enterprise Risk Manager
  • Risk Analyst
  • Internal Audit Manager
  • Compliance Director
  • Enterprise Risk Consultant

 

*The course is not intended to replace other resources needed to prepare for the examination nor guarantee you will pass the examination.