Overview
Key facts
The imperative of the 21st-century business environment, Enterprise Risk Management offered by Boston University 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 MSERM program is to develop sophisticated professionals who can take on ERM challenges in today’s turbulent business world, enhancing business value by providing solutions that mitigate risk across entire business enterprises.
Learning Outcomes
- 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.
Programme Structure
Courses include:
- Financial Concepts
- Project Management
- Quantitative and Qualitative Decision-Making
- The Innovation Process: Developing New Products and Services
- Enterprise Risk Management
Key information
Duration
- Full-time
- 12 months
Start dates & application deadlines
- Starting
- Apply before
-
- Starting
- Apply before , International
- Apply before , National
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Language
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Credits
Delivered
Campus Location
- Boston, United States
Disciplines
Risk Management Actuarial Science View 80 other Masters in Actuarial Science in United StatesWhat students do after studying
Academic requirements
English requirements
Prepare for Your English Test
AI-powered IELTS feedback. Clear, actionable, and tailored to boost your writing & speaking score. No credit card or upfront payment required.
- Trusted by 300k learners
- 98 accuracy using real exam data
- 4.9/5 student rating
Other requirements
General requirements
National
- A completed Application for Graduate Admission
- Three letters of recommendation
- A personal statement
- A current résumé
- Transcript(s) from each college and graduate school attended
- A nonrefundable application fee of $85
International
- International Student Data Form
- Authorized financial statement from a bank (original, shown in U.S. dollars)
- Copy of current I-20 and I-94, both sides (if applicable)
- Letter of financial support from a sponsor (firm, government, parents, etc.)
- Notarized English translations of all documents not in English
Tuition Fees
-
International Applies to you
Applies to youNon-residents66670 USD / year≈ 66670 USD / year - Out-of-State66670 USD / year≈ 66670 USD / year
-
Domestic
Applies to youIn-State66670 USD / year≈ 66670 USD / year
Additional Details
- Courses Numbered 100–599: $550 per credit for 1–12 credits
- Courses Numbered 600–999: $975 per credit for 1–11.5 credits
Living costs
Boston
The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.
Financing
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- Free visa & career support through our Path2Success program
Funding
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Scholarships Information
Below you will find Master's scholarship opportunities for Enterprise Risk Management.
Available Scholarships
You are eligible to apply for these scholarships but a selection process will still be applied by the provider.
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