“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, Masters 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.Back to top