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Risk and Financial Advisory, Master of Science

The Master of Science (MS) in Risk and Financial Advisory prepares students who have career interests in internal audit, information technology audit, and business consulting and advisory.

Risk and Financial Advisory professionals assist their clients in managing strategic, financial, operational, technological, compliance, and reputational risk to maximize their stakeholder value. The curriculum develops students from a multi-disciplinary approach to provide assurance and insight to organizations on meeting their mission statement, business objectives, and strategies.

The Institute of Internal Auditors defines internal auditing as “an independent, objective assurance and consulting activity designed to add value and improve an organization's operations. It helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes.”

The internal audit program is endorsed by the Institute of Internal Auditors (IIA) as a “Center for Internal Auditing Excellence” in their Internal Auditing Education Partnership (IAEP) program.  St. John’s is one of only six schools in the United States and nine schools worldwide at this Center level.  Moreover, we are the only University with this recognition in the New York Metropolitan area and the entire Northeast. 

The curriculum has been developed through a collaborative process involving faculty and other stakeholders, including the Advisory Board (consisting of senior industry executives from Fortune 500 companies and Advisory firms), the Institute of Internal Auditors (IIA), and the New York Chapter of the Institute of Internal Auditors (NYIIA).

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Degree Type
Area of Interest
Associated Colleges or Schools
Program Location
  • Queens Campus
Required Credit Hours

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. 


The Master of Science in Risk and Financial Advisory is a 30-credit program:

  • AIS 624 Information Technology Auditing
  • AIS 628 Internal Auditing
  • AIS 660 Fraud Examination I
  • ACC 605 Internship in Advisory, Assurance, and Attest Services
  • ACC 626 Forensic Accounting Principles
  • AIS 661 Fraud Examination II
  • AIS 662 Accounting Information: Governance and Audit
  • AIS 663 Accounting Information: Systems Development and Operations
  • AIS 664 Accounting Information: Cyber-Security I
  • AIS 665 Accounting Information: Cyber Security II
  • AIS 666 Accounting Information: IT Risk and Controls
  • AIS 667 Accounting Information: Enterprise Resource Planning
  • AIS 668 Accounting Information: Analytics and Forensics
  • AIS 670 Emerging Technology and Robotic Process Automation in Accounting
  • AIS 684 Sustainability Reporting Attestation
  • AIS 685 Advanced Internal Auditing
  • AIS 686 Developing and Managing an Internal Audit Function
  • AIS 690 Accounting Information: Case Studies
  • ERM 601 Foundations in ERM
  • ERM 602 Operational Risk Management
  • ERM 603 Culture, Leadership, and Governance Risk
  • ERM 705 Strategic Risk Analysis and Tools
  • AIS 625 Accounting Ethics and Professionalism *
    * Taken during last 12 Credits

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. 
  • 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
[email protected]


The admission requirements to the M.S. in Risk and Financial Advisory permit you to substitute the results of that uniform CPA Examination in lieu of the GMAT, if you have successfully completed that examination or an equivalent examination,.  For Licensed CPAs, the advisory and assurance courses taken during your studies will fulfill your continuing professional education (CPE) requirements while you earn your graduate degree. If you have an undergraduate degree in accounting, you can use the degree to meet the 150-hour requirement for CPA licensing in New York State.


For additional information on the Master of Science (MS) in Risk and Financial Advisory, please contact the faculty program director:

David Y. Chan, Ph.D.

Associate Professor

Bent Hall Queens Room 409


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