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Risk Management, Master in Business Administration

Maurice R. Greenberg School of Risk Management, Insurance and Actuarial Science

Overview

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.

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Curriculum

A risk/insurance specialization is earned by successfully completing an introductory course in the Management of Risk (RMI 601) and up to four (but no less than three) other RMI designated 600-level courses (or higher). Offered on campus and online, this specialization allows students to build upon the program’s broad business education by providing an in-depth study of managing risk, or managing the finances of an insurance firm, or product design.

The MBA curriculum is designed to allow for innovative approaches to in-class learning and expands on the development of a real world skill-set that students can apply immediately to their emerging careers.

The MBA Structure is as follows:

  • 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
  • RMI 623 Game Theory and Risk Management
  • 600+ RMI Course
  • 600+ RMI Course
  • 600+ RMI Course or any 600+ ERM Course (Including RMI 699 Internship and RMI900 Thesis)
  • MGT 700 Seminar in Business Policy

Maximum Courses & Credits: 12 Courses, 36 Credits (69 credits for the MBA in Accounting program)

Estimated Time to Complete: 3 Years for part-time; 3 semesters for full-time

All students must have, as a minimum academic credential, the equivalent of a United States' bachelor's degree and demonstrated competency in pre-calculus mathematics and basic computer use. Students are evaluated based on their undergraduate academic performance, score on the GMAT, professional accomplishments, letters of recommendation, statements of professional goals and other materials which the candidate may wish to share with the Admissions Committee.

Online Learning

Earn Your Degree Online
Pursue your St. John’s M.B.A. degree entirely on your computer. Our fully accredited Online Learning programs allow you to take courses electronically. Log in at your convenience to enter our virtual classrooms, learn from our accomplished faculty, and engage with classmates.


Our online courses offer the same high academic quality that students experience on campus. Professors deliver lectures and post assignments via Blackboard, our electronic course management system. Students use it to attend virtual classes, share documents, take exams, and exchange ideas with faculty and classmates.


A Fully Academic Experience
You also enjoy the outstanding services available to all St. John’s students, for example:

  • Eligibility for scholarships and financial aid
  • Tuition and fees identical to those for on-campus courses
  • Access to library collections, career services, mentoring, and other academic resources.

Below are some answers to commonly asked questions about the St. John’s online M.B.A. program.

Is this online degree equivalent to the on-campus M.B.A. offered by St. John’s?

Yes. It covers the same curriculum and is taught by the same instructors, only in a fully online format.

What are the admission requirements for this program?

Your acceptance will be based on the following:

  • Baccalaureate or post-baccalaureate degree
  • Preferred GPA of 3.25
  • GMAT/GRE (waivers are available):
    • Official Graduate Management Admission test (GMAT) scores, taken within the last five years – minimum of 550 or Graduate Record Examinations (GRE) scores – minimum of 310 (conditional acceptance available on a case by case basis if minimum GPA requirements are not fulfilled).
  • Official transcripts from each institution attended
  • Statement of professional goals
  • Two letters of recommendation 
  • International applicants:
    • Official TOEFL or IELTS scores are required for applicants whose native language is not English.
    • Students with international credits must submit a course-by-course credit evaluation with GPA calculation by AEQUO.

How long will the program take to complete?

Although the online M.B.A. may be completed in as little as 18 months, most part-time students finish in three years.

Is there a campus residency requirement?

No. The degree is fully online, with no residency requirement. 

Required On-Site Workshop: Tobin Graduate Intensive Foundations (TGIF) is a 3-day workshop for new graduate students that aims to standardize the basic fundamentals and quantitative analytical skills of business studies. In addition, incoming students will have the opportunity to meet with faculty and interact with their peers throughout the event. All entering online M.B.A. students must attend this on-site workshop.

What is the cost of tuition for the program?

Program tuition for the current academic year is $1,280 per credit hour.

Learn more about tuition and fees by visiting our Tuition page.

Is the program accredited?

Yes. St. John’s University’s online M.B.A. program is accredited by the Association to Advance Collegiate Schools of Business (AACSB).

What will I learn in the program?

You will learn to:

  • Acquire a global business perspective

  • Apply business knowledge and skills effectively

  • Appreciate professional and ethical responsibilities as a leader

  • Make strategic, integrative decisions.

What electives are available to students who choose the Interdisciplinary Business concentration?

Students selecting the Interdisciplinary Business concentration will have the opportunity to choose from electives across multiple business disciplines, including courses in Accounting, Business Analytics, Computer Information Systems, Enterprise Risk Management, Executive Management, Finance, International Business, Investment Management, Marketing Management, Risk Management and Insurance, and Taxation. (Subject to availability.)

What differentiates this program from others?

The St. John’s online M.B.A. program stands apart in its:

  • Focus on case studies, real-world projects, and global perspectives
  • Distinguished full-time faculty who consult with international businesses, appear in business news media, and have extensive industry experience and connections
  • Options to choose a concentration in either Risk Management and Insurance or Taxation
  • Short time to completion of 18 months

Are there set times to attend my classes?

No. You will have specific assignment deadlines and test dates, but you can complete your online coursework at times that are convenient for you.

How do I begin the application process?

You can start your application online or visit the Admission page for a list of the materials you will need to submit for application.

    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. International Applicants to programs in Accounting and Taxation must have a Graduate Admissions evaluation completed by AEQUO.
    • Official GMAT or GRE scores, taken within the last five years*
    • 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

    *For MBA applicants requesting a GMAT/GRE waiver please submit the online application, all transcripts, and resume. International Students should also submit the foreign credit evaluation and TOEFL/IELTS scores.  Once complete, please email [email protected] to request waiver consideration.

    For additional information, please contact:

    The Peter J. Tobin College of Business
    Office of Graduate Admission
    8000 Utopia Parkway
    114 Bent Hall
    Queens, NY 11439
    718-990-1345
    TobinGr[email protected]