Enterprise Risk Management, Master of Science
The Master of Science in Enterprise Risk Management (M.S.-E.R.M.) 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.
The M.S.-E.R.M. 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 course work is based on research done on enterprise risk management 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 degree offers flexibility so that students can take electives to tailor the degree to their professional and intellectual interests. Students can choose electives in banking, IT, operations, forensics, internal auditing, and others.
With this program, The Tobin College of Business continues to build on its reputation as a local, national and international leader in risk management education. Our unique relationships provide us with collaborative links to industry and professional groups in enterprise risk management, as well as affording specialized academic expertise.
Endowments allow for substantial merit-based financial aid to students seeking an M.S.-E.R.M.; opportunities for professional internships are available to graduate students while they pursue their degree. Faculty, administration and staff work together to ensure high job placement rates for ERM graduates. Most of our M.S.-E.R.M. domestic graduates over the last three years have been placed with such companies as JPMorgan Chase & Co., Deloitte, Travelers, Ace Group and PwC. The Peter J. Tobin College of Business holds dual accreditation for its business and accounting programs by the prestigious AACSB International – The Association to Advance Collegiate Schools of Business.
"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 M.S.-E.R.M. program at St. Johns to their advantage." Andrew Bauch, Tobin, 2013.
Admission to the program is competitive. Students need a competitive score on the GMAT or GRE, an undergraduate degree, letters of recommendation, and, to avoid prerequisite requirement, demonstrated adequate knowledge of finance, economics and statistics.
For admission to graduate degree programs contact:
Office of Graduate Admissions, Tobin College of Business
Concentrations and Endorsements
This one-year, 30-credit M.S.-E.R.M. program is offered at the Manhattan campus of St. John’s University, and enables students to select from a wide range of enterprise risk management concentrations, such as, operational risk, financial risks, strategic risks, and risk management and insurance. The M.S.-E.R.M. program is accredited by the AACSB-International-The Association to Advance Collegiate Schools of Business. St. John’s is one of 187 universities world-wide that has achieved the distinction of having separately accredited accounting and business programs.