The MS in Management and Systems Enterprise Risk Management Concentration bridges both management and information technology areas, and gives students the tools needed to assess business risk and make informed decisions across the entire spectrum of enterprise operations. As a student enrolled in this concentration, you will learn about: the importance of evaluating technological risk in an increasingly disruptive world, how to build a business continuity plan for crucial IT infrastructure, and how to develop a comprehensive understanding of
financial and operational risk.
Enterprise Risk Management Concentration
CORE REQUIREMENTS
Requirements
Concentration: Enterprise Risk Management
Students select four courses from the list below.
- MASY1-GC3020 Enterprise Risk: Assessment & Mitigation 3
- MASY1-GC3215 Information Systems Auditing 3
- MASY1-GC3220 Information Security Management 3
- MASY1-GC3600 Operational & Financial Risk Analysis 3
- MASY1-GC3605 Financial Services & Trading Institutions 3
- MASY1-GC3615 Crisis Management & Business Continuity 3
*Not all concentration courses are offered each semester. Please contact your advisor for proper sequence planning.
FREQUENTLY ASKED QUESTIONS
What is Enterprise Risk Management?
Enterprise risk management involves the exposure and analysis of all types of risks to an organization. The risks may involve financial risks, such as fraud; cybersecurity risks, such as cyber-attacks; as well as natural disasters, such as pandemics or weather-related incidents. A risk manager must ascertain when risk is possible, analyze its potential impact on the organization, the likelihood of severe consequences, and design mitigation plans to avoid or minimize risk events.
What is Strategic Risk Management and How Does it Relate to This Concentration?
Strategic risk affects the accomplishment of the mission of an organization and often involves long-term impact. In addition to teaching students how to deal with operational risks, such as a cyberattack or an adverse publicity event, our students also learn to manage strategic risks, such as recovery from a pandemic or a loss of service attack that destroys corporate databases.
Does this Concentration Delve Into Enterprise Risk Management Software?
Students in the Enterprise Risk Management concentration are taught how to use enterprise risk management software, to evaluate available options of ERM software in the marketplace, and to design risk management systems using available software. They are prepared to propose, acquire, and manage the installation of risk management software systems.
What Types of Enterprise Risk Management Jobs Are Available?
Graduates of the MS in Management and Systems who have chosen to concentrate in enterprise risk management are often employed as cybersecurity managers, audit and risk managers, and disaster planners.