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 management practices of leading global corporations.
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 take on enterprise risk challenges in today’s turbulent business world, enhancing business value by providing solutions that mitigate risk across entire business enterprises.
- Proficiency in designing and evaluating exposures and the available response options, and developing appropriate plans for widely used 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 business continuity as it impacts the continued operations of the firm, from supply-chain management through higher-level strategy development involving markets and industry sustainability.
For current admissions information, please visit the Metropolitan College website.
All students must satisfy the degree core courses, specialization requirements, and electives as indicated. Waived courses from the core or specialization areas must be replaced by an elective course in order to meet the 40-credit-hour requirement.
A total of 10 courses (40 credits) is required, as follows:
Degree Core Courses (four courses/16 credits)
- MET AD 632 Financial Concepts
- MET AD 642 Project Management
- MET AD 715 Quantitative and Qualitative Decision-Making
- MET AD 741 The Innovation Process: Developing New Products and Services
Specialization Courses (four courses/16 credits)
- MET AD 610 Enterprise Risk Management
- MET AD 617 Business Continuity Management
Plus select two courses from the following:
- MET AD 613 Enterprise Risk Planning and Compliance
- MET AD 614 Disaster Management
- MET AD 805 Capstone Project for Enterprise Risk Management
Degree Electives (two courses/8 credits)
Select two additional Administrative Sciences graduate-level courses (8 credits) with 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.
No grade lower than B– may be applied toward degree, certificate, or diploma requirements. Students earning below a 3.0 cumulative grade point average (GPA) will be placed on academic probation status. Students on academic probation must make satisfactory progress toward achieving a minimum of 3.0 by the following semester, and must be in a position to graduate with a 3.0 or better within the remaining program courses. While grades of B or B– are considered passing, these grades will not assist in raising an unsatisfactory GPA to a satisfactory level. Therefore, students must obtain a minimum grade of B+ during a probation period.
Students who, in the determination of the department and based on past student performance, are not in a position to raise their GPA to the necessary level to graduate within the remaining courses will be dismissed from the program. Students who have not removed themselves from academic probation status after one semester for full-time status or three courses for part-time status will be dismissed from the program.
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.