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.
- Degree Type
- M.B.A.
- Area of Interest
- Business
- Associated Colleges or Schools
- Program Location
- Manhattan Campus
- Online
- Required Credit Hours
- 36
Applicants to The Tobin College of Business Graduate programs will automatically be considered for GMAT/GRE waivers. Applications with a GPA below 3.25 may be strengthened by submitting a GMAT/GRE score.
Student Perspective
"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.
Courses
While the curriculum is intended to provide rigorous academic and applied content, students may also find the material helpful in preparation for the Financial Risk Management (FRM), Certification in Risk Management Assurance (CRMA), and the Associate in Risk Management - ERM (ARM-E) exams. Enterprise risk management is also essential content for the CPA exam.
REQUIRED COURSES: 24 credits
- ACC 602 Global Financial & Managerial Reporting
- BUA 602 Business Analytics
- ECO 606 Industrial Economics
- FIN 607 Financial Management
- LAW 600 Law, Ethics & the Principled Path in Bus.
- MGT 601 Managing for Global Success
- MKT 600 Decisions in Marketing Management
- RMI 601 Risk Management
CONCENTRATION COURSES: 9 credits
- ERM 601 Foundations of Enterprise Risk Management
- ERM 603 Culture, Leadership, and Governance Risk
- CHOOSE ONE:
- ERM 602 Operational Risk Management
- ERM 705 Strategic Risk Analysis and Tools
CAPSTONE COURSE total: 3 credits
- MGT 700 Seminar in Business Policy
Academic Scholarships
Applicants accepted to this program are automatically considered for scholarship based on their academic qualifications. Scholarships range in amount from $5,000 to full tuition.
Admission
Application Requirements
All applicants must possess a baccalaureate degree from an accredited institution or the international equivalent prior to enrollment at the graduate level. In addition to the application form and non-refundable application fee candidates should submit the following:
- Statement of professional goals and resume which can be uploaded as part of the application for admission
- Official transcripts from all undergraduate, graduate and professional schools attended.
- A minimum of one letter of recommendation, obtained from professional or academic references
- Official TOEFL, IELTS, or Duolingo scores are required for applicants whose native language is not English
- Students with international credits must also submit a course-by-course foreign credit evaluation with GPA calculation from a NACES member
- Applicants to The Tobin College of Business Graduate programs will automatically be considered for GMAT/GRE waivers. Applications with a GPA below 3.25 may be strengthened by submitting a GMAT/GRE score.
For additional information, please contact:
Office of Graduate Admission
The Peter J. Tobin College of Business
8000 Utopia Parkway
Suite 114
Queens, NY 11439
718-990-1345
[email protected]
Department Faculty
Please see a list of our School of Risk Management, Insurance and Actuarial Science faculty.
Contact Us
For additional information on the Master of Business Administration, please contact the faculty program director:
K. Matthew Wong
Professor
Success at St. John's
Our students and alumni have amazing stories to tell. See how these Johnnies have transformed their passion into real-world success.
Navigating Risk: Sasha Arkhangelska's Journey to Excellence in Enterprise Risk Management
An international student from Germany, Oleksandra “Sasha” Arkhangelska ’18SRM earned a Master of Science degree in Enterprise Risk Management from the School of Risk Management, Insurance and Actuarial Science (now the Maurice R. Greenberg School of Risk Management, Insurance and Actuarial Science) at The Peter J. Tobin College of Business on the Manhattan, NY, campus at St. John’s University.
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Ms. Arkhangelska is Associate Director, Global Third-Party Risk Management (TPRM), for the Union Bank of Switzerland (UBS) in New York, NY, where she resides. UBS is a global firm providing financial services in more than 50 countries. She is also a Risk Management adjunct lecturer at GSRM.
Guidance from Faculty and Career Services Experts Propel Success of M.B.A. and Enterprise Risk Management Alumnus
Sadiqq J. Elcock ’15TCB, ’22GSRM earned a Master of Business Administration (M.B.A.) degree in Enterprise Risk Management (ERM) from the Maurice R. Greenberg School of Risk Management, Insurance and Actuarial Science (GSRM) at The Peter J. Tobin College of Business on the Manhattan, NY, campus of St. John’s University.
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A resident of Brooklyn, NY, Mr. Elcock is Senior Management Analyst, Enterprise Risk Management, at the Port Authority of New York and New Jersey, in Jersey City, NJ.
