Among the most dramatic aspects of the revolution currently taking place in the risk management profession is the recognition that such formerly diverse areas as insurance, asset management, and the treasury functions of global corporations now require a common set of skills drawn from economics, finance, and risk management. Consequently, there is now a great demand for education in the core of contemporary risk management techniques.

The MBA career path in Enterprise Risk Management (ERM) will be attractive to individuals seeking breadth in risk management. Required and elective course work in ERM is broader than what is currently available at most U.S. universities. 

The increasing acceptance of the Chief Risk Officer concept suggests there is enhanced demand for professionals who can efficiently manage both the financial and non-financial risk -- such as political risk, property and liability risks, risks associated with information technology and e-commerce, employee welfare and human resource risk.

Courses for the ERM Career Path

Required Courses:
FI 8000, Valuation of Financial Assets
FI 8200, Derivative Markets I
RMI 8050, Risk Management Modeling
RMI 8150, Corporate Risk Management
RMI 8370, Financial Risk Management

Two of the following four must also be chosen:*
ACCT 8680/CIS 8080, Security & Privacy of Information & Information Systems
ECON 8860, Economics of Global Finance
RMI 8120, Property and Liability Insurance
RMI 8350, International Risk and Insurance
* Other  course work may be selected with prior approval of the RMI faculty advisor.

MBA students who complete this career path will earn the major in risk management and insurance and will also earn a concentration in finance.

Faculty Contact:
Dr. Richard D. Phillips, 404-413-7478, email: rphillips@gsu.edu