Enterprise Risk Management, Master of Science
Program Overview
St. John's University's Master of Science in Enterprise Risk Management (MS ERM) program equips students with a comprehensive understanding of ERM principles and practices. Offered in a hybrid format, the 30-credit program prepares graduates for careers in risk management, internal auditing, compliance, and related fields through core courses, electives, and a capstone project. The program's experienced faculty and access to industry resources enhance student learning and career prospects.
Program Outline
Degree Overview:
The Master of Science in Enterprise Risk Management (MS ERM) program at St. John's University is designed to provide students with a comprehensive understanding of the principles and practices of enterprise risk management (ERM). The program is offered through the Maurice R. Greenberg School of Risk Management, Insurance and Actuarial Science and is designed for students who want to pursue careers in risk management, internal auditing, compliance, or other related fields. The MS ERM program is a 30-credit program that can be completed in as little as one year of full-time study. The program is offered in a hybrid format, with a combination of online and in-person classes.
Objectives:
- To provide students with a comprehensive understanding of the principles and practices of ERM.
- To develop students' analytical, problem-solving, and communication skills.
- To prepare students for careers in risk management, internal auditing, compliance, or other related fields.
Outline:
The MS ERM program curriculum is divided into three parts: core courses, elective courses, and a capstone course.
Core Courses (18 credits):
- ERM 601: Foundations of Enterprise Risk Management
- ERM 603: Culture, Leadership, and Governance Risk
- FIN 607: Financial Management
- FIN 628: Market Risk Management
- RMI 601: Risk Management
- RMI 602: Risk Analysis Methods
Elective Courses (9 credits):
Students can choose from a variety of elective courses to tailor the program to their individual interests and career goals. Some of the available elective courses include:
- ERM 604: Operational Risk Management
- ERM 605: Strategic Risk Management
- ERM 606: Risk Management and Insurance
- ERM 607: Risk Management in the Financial Services Industry
- ERM 608: Risk Management in the Healthcare Industry
Capstone Course (3 credits):
- ERM 705: Strategic Risk Analysis and Tools
Assessment:
Students in the MS ERM program are assessed through a variety of methods, including:
- Exams
- Quizzes
- Case studies
- Presentations
- Research papers The program uses a variety of assessment criteria to evaluate student learning, including:
- Knowledge and understanding of ERM concepts and principles
- Analytical and problem-solving skills
- Communication skills
- Critical thinking skills
Teaching:
The MS ERM program is taught by a team of experienced faculty members who are experts in the field of risk management. The program uses a variety of teaching methods, including:
- Lectures
- Discussions
- Case studies
- Simulations
- Guest speakers The program also provides students with access to a variety of resources, including:
- The Risk Management Institute (RMI)
- The St. John's University Center for Risk Management
- The St. John's University Library
Careers:
Graduates of the MS ERM program are qualified for a variety of careers in risk management, internal auditing, compliance, and other related fields. Some of the potential career paths for graduates include:
- Risk manager
- Internal auditor
- Compliance officer
- Consultant
- Analyst
- Underwriter
St. John's University
Overview:
St. John's University is a Catholic and Vincentian institution that emphasizes a holistic approach to education, focusing on six core values: Truth, Love, Respect, Opportunity, Excellence, and Service. The university offers a wide range of undergraduate and graduate programs, with flexible options for online, hybrid, and in-person learning.
Services Offered:
St. John's University provides students with various services, including:
Academic Service-Learning (AS-L):
Students can participate in service projects that integrate academic learning with community engagement.Nondegree Programs:
The university offers nondegree programs in areas like English language, American culture, professional development, and exchange programs.High School Student Programs:
Through the College Advantage Program, high school students can earn college credit at a discounted rate.Student Life and Campus Experience:
St. John's University offers a vibrant campus experience with:
Diverse Student Body:
The university welcomes students from all over the world, fostering a multicultural environment.Global Opportunities:
Students can study abroad in locations like Rome, Paris, and Limerick, immersing themselves in different cultures.Campus Location:
The main campus is located in Queens, NY, offering a blend of suburban tranquility and urban excitement.Key Reasons to Study There:
Holistic Education:
St. John's University emphasizes a well-rounded education that combines theoretical knowledge with practical experiences.Focus on Service:
The university encourages students to engage in service activities and make a positive impact on the world.Global Citizenship:
St. John's University fosters global citizenship by providing opportunities for students to study abroad and interact with diverse cultures.Academic Programs:
Undergraduate Programs:
St. John's University offers over 100 undergraduate majors and programs of study.Graduate Programs:
The university provides a range of graduate programs designed to help students advance their careers or explore new avenues of study.Fine Arts Program:
The Fine Arts program at St. John's University offers a Bachelor of Fine Arts degree with a minor in Psychology.Other:
St. John's University is a Catholic and Vincentian institution with a strong emphasis on service and social justice. The university's core values are woven into every aspect of its operations, creating a supportive and inclusive environment for students.
