MS in Enterprise Risk Management

The Master of Science (MS) in Enterprise Risk Management program integrates cutting-edge intellectual content from the academic world with sophisticated technical and management practices of leading global corporations as a key component of overall governance, risk, and compliance (GRC).

The imperative of the 21st-century business environment, enterprise risk management is a holistic management construct for identifying potential threats, risks, and vulnerabilities in an organization and its business enterprise. It concerns ongoing, never-ending strategies to evaluate and mitigate potential disruptions, and encompasses resiliency planning, prevention, crisis management, business continuity management, and technology recovery. As such, the ability to contribute to ERM planning and execution is an important skill for many business leaders.

The primary objective of the MS in Enterprise Risk Management program is to develop sophisticated professionals who can lead and manage organizations that take on enterprise risk challenges in today’s turbulent business world, enhancing business value by providing solutions that mitigate risk across entire business enterprises.

This program requires an average of 12–20 months to complete. Students may begin the program in the fall, spring, or summer term.

Learning Outcomes

• Proficiency in designing and evaluating exposures and available response options, as well as developing appropriate plans for enterprise risk management, business continuity planning, and disaster recovery frameworks and processes.
• Skills in the use of quantitative and qualitative data to estimate the likelihood and severity of individual exposures.
• The skills and abilities necessary to undertake management and leadership roles in the profession of enterprise continuity, with an appreciation of the broad issues of continuity, security, and risk management.
• A broad understanding of the different aspects of operational resilience as it impacts the continued operations of the firm, from supply-chain management through higher-level strategy development involving markets and industry sustainability.

Admissions Information

For current admissions information, please visit the Metropolitan College website.

Degree Requirements

All students must complete the degree core courses and general electives as indicated. A total of 10 courses (40 units) is required, as follows:

Core Courses (eight courses/32 units)

• MET AD 503 Enterprise Risk Management
• MET AD 514 The Innovation Process: Developing New Products and Services
• MET AD 617 Business Continuity Management
• MET AD 632 Financial Concepts
• MET AD 715 Quantitative and Qualitative Decisionmaking
• Plus three of the following:
  • MET AD 612 Public Emergency Management
  • MET AD 613 Enterprise Risk Planning and Compliance
  • MET AD 614 Disaster Management
  • MET AD 618 Technology Risk Management
  • MET AD 805 Capstone Project for Enterprise Risk Management

General Electives (two courses/8 units)

Students select two additional Administrative Sciences graduate-level courses (8 units) with their advisor’s approval. Graduate-level courses may also be selected from other Metropolitan College departments or other Boston University schools and colleges, with an advisor’s approval.

Second Master’s Degree Option

In appreciation of the converging needs of management and technology, the departments of Actuarial Science, Administrative Sciences, and Computer Science collaborate to offer a unique opportunity to students currently enrolled in their degree programs as well as alumni of those programs. Learn more on the MET website.