“So much of our work in insurance is about numbers and profitability, but I always remind my students that the industry is really about helping people manage their risks,” said...
Enterprise Risk Management, Master in Business Administration
A Master of Business Administration (M.B.A.) degree is intended to provide broad business knowledge and prepares students for cross-functional decision making within an organization.
The Enterprise Risk Management concentration provides an opportunity to study one of the most important topics in today's business world, in New York City, with several of the world¹s most renowned risk scholars.
Enterprise Risk Management recognizes the interdisciplinary nature of business activity and adopts an enterprise-wide approach to managing the myriad of risks an organization faces. The program reinforces the need for risk to be managed at the strategic, financial, reputational and operational levels of the organization, with well-prepared managers who can guide and build an enterprise risk management process. The public expectation for executive responsibility for enterprise-wide risks has risen and companies across multiple industries and countries are seeking graduates with the ability and necessary skills to identify, assess, and manage risks. The curriculum builds the skill set for an enterprise risk management process, highlights leadership and governance risk, and addresses strategic risk management. The course work is designed from research done on ERM practices at companies such as Microsoft, Wal-Mart, DuPont, Intuit, Raytheon, VMware, Harley-Davidson, and several others.
The curriculum is designed for students who want to learn about the following career choices: corporate risk management; risk consulting; public accounting; internal auditing; chief risk officer and enterprise risk management director.
"The ERM classes available at St. John's are unlike any other business classes I've ever taken. I feel that adding ERM to any business major's curriculum truly helps tie together all the other classes in the regular business curriculum. They really challenge you to analyze businesses from the perspective of a CEO, identifying and evaluating risks on many different levels. Taking these classes has helped me to better understand the complex business environment of my clients… I strongly suggest that anyone who would like to be more prepared for their first year out of college to use the ERM program at St. Johns to their advantage." Andrew Bauch, Tobin, 2013.
Please see a list of our School of Risk Management, Insurance and Actuarial Science faculty.
All applicants must possess a baccalaureate degree from an accredited institution or the international equivalent prior to enrollment at the graduate level. Applicants to the M.S. in Accounting program must have been an undergraduate business major.
In addition to the application form and non-refundable application fee candidates should submit the following:
- Official transcripts from all undergraduate, graduate and professional schools attended
- Official Graduate Management Admission test (GMAT) scores, taken within the last five years*
- Typewritten statement of professional goals
- Current resume
- Two letters of recommendation, obtained from professional or academic references
- Official TOEFL or IELTS scores are required for applicants whose native language is not English
*Students applying to the M.S. in Management of Risk, M.S. in Enterprise Risk Management and M.S. in Investment Management programs may submit the official results from either the GMAT or the GRE. The GRE is not accepted for admission to any other graduate program within the Tobin College of Business.
**Applicants to the M.S. in Taxation program who have passed the CPA exam are permitted to waive the GMAT requirement.
For additional information, please contact:
The Peter J. Tobin College of Business
Office of Graduate Admission
8000 Utopia Parkway
111C Bent Hall
Queens, NY 11439