MBA Career Path in Enterprise Risk Management:

Students in the MBA-RMI program (major in risk management and insurance) may choose the specialization in Enterprise Risk Management, which further enhances their training in financial risk management with broader education in the management of operational and other non-financial risks, such as political risk, property and liability exposures, security breach risk, and employer welfare.

Students seeking to enroll in this program must take three courses in addition to those required for the Specialization in Financial Risk Management (here). One is required and the other two can be chosen by the student, with approval of the RMI department's graduate faculty adviser, from the list of recommended courses below. Other courses may be selected with the advance approval of the graduate adviser.

Required:
RMI 8150 Corporate Risk Management

Choose two of the following:
Acct/CIS 8680 Security and Privacy of Information and Information Systems
Econ 8860 Economics of Global Finance
RMI 8120 Property and Liability Insurance
RMI 8350 International Risk and Insurance

MBA students who complete the ERM career path will earn the major in RMI and also will earn a concentration in finance. A complete description of the MBA Career Path Program is described here.

Graduate Certificate in Enterprise Risk Management:

The Graduate Certificate in Enterprise Risk Management is intended for individuals who possess an MBA or a master's degree in a business-related field, or hold a CPA or CPCU, and who desire graduate education in enterprise risk management but do not wish to complete the degree requirements for an MBA with a major in risk management and insurance.

The Certificate is designed for individuals seeking more broad-based education than what they might have gained in their undergraduate or graduate degree programs. There is an increasing demand for professionals who can efficiently manage financial and nonfinancial risk exposures faced by businesses. Coursework taken to meet the certificate requirements emphasizes both financial risks (including, for example, derivatives and exchange rate risk) and nonfinancial risk (including political risk, property and liability exposures, risks associated with information technology, and employee welfare exposures).

>>SPECIFIC REQUIREMENTS FOR THE ERM CERTIFICATE