“Venture capitalist and thought leader on innovation, tech entrepreneurship, and business, founding one of the most successful start-up accelerators in Korea and serving as the youngest board member of a public company in Korean history” – that’s how the World Economic Forum describes Daniel, who was named to the Forum’s Young Global Leaders program in March 2016, one of 15 in the Asia-Pacific region.
When Gunjan found herself transitioning from a focus on fund research and analytics to evaluating investment risk across her company’s products, she knew it was time to formalize her role as risk manager for the firm and shore up her formal education in risk management.
It is hard to miss Claire’s return on investment from having earned her Master’s in Risk Management from NYU Stern. Within months of graduating, she had landed a new job, in a different sector of the financial world. “I obtained my current position as Risk Manager at Harbour Fiduciary Services through another MSRM alumnus, and it probably would not have happened had I not completed the program,” Claire admits. “I acquired the breadth of knowledge that enabled me to move from risk management in banking to performing risk management for a private equity real estate fund – in a role I love.”
For Dante, the NYU Stern MSRM program opened the door to starting his own company. Though entrepreneurial by nature, he had never risked striking out on his own. “NYU Stern taught me that it is not the jump that kills you, it’s the landing. So, with my MSRM degree in hand as a parachute, I was finally ready,” he says.
Since earning his Master of Science in Risk Management degree from NYU Stern in 2012, Majed has been promoted twice by his organization, the National Commercial Bank in Jeddah, Saudi Arabia, one of the largest banks in the region. Currently Executive Vice President-Head of Enterprise Risk Management, Majed says the education he received in the Stern program was “very critical” to his career advancement.
When the arc of history bends and touches an individual’s life, the effects are rarely ambiguous or short-lived. In Lizhe “Lee” Sun’s case, being caught up as a young teenager in the angry heart of China’s anti-intellectual Cultural Revolution seems to have propelled him to learn and achieve throughout his life.
What drives Tatiana Iliczewa is not unusual among professionals: an ambition to do her job superbly and to be rewarded appropriately with growing responsibilities, compensation, and respect.
Steve was already enrolled in the Stern MSRM program when he was interviewing for his current position as vice president for risk management analytics in the institutional sales division of MSCI Inc., and, he says now, that clear commitment to the risk management space helped him get the job. That was more than three years ago, and his ROI from the program has never stopped. “From day one on the job I was able to explicitly use concepts I learned in the Stern MSRM program,” he says.
In 2008, Konstantin Makarov became, for the second time in his life, a pioneer of sorts. He left a secure job at Morgan Stanley in New York to found StratLink-Africa, Ltd., a financial advisory firm based in Nairobi, Kenya, with the mission of originating financing transactions in emerging and frontier markets, with a focus on Sub Saharan Africa (SSA) for investment banks, private equity firms and family offices.
When Natalia Migal was seeking to expand her knowledge in risk management, she found a unique program – the NYU Stern Master of Science in Risk Management.
The ROI for Sandra’s MSRM degree was immediate and obvious. Within two years of graduating, she secured two jobs, both of them, she says, because of her advanced training in risk management: “That’s what got me to the table.”
As head of risk management at the Bank of Scotland Netherlands, Executive Master of Science in Risk Management student Oene de Hek sought to build on his existing skills and experience. “I considered pursuing an executive MBA, but realized I wanted to gain more specialized expertise in my field,” he explains.
Luis Adao Da Fonseca, Chief Business Development Officer and member of the Management Team of EDP Renewables (EDPR), the third largest renewable energy company in the world, says that the NYU Stern Master of Science in Risk Management, has helped him gain a better understanding of risk management within his organization.
Justin Lerner, currently enrolled in the NYU Stern MS in Risk Management Program, has been professionally involved with risk management in a variety of roles since 1998. Currently charged with risk and policy at the Federal Reserve Bank of New York, which he joined in 2011, Justin spent 13 years previously at Goldman Sachs, in risk roles ranging from managing derivatives risk on the NYMEX and AMEX exchange floors to dealing with Hedge Funds in prime brokerage and clearing.
What especially impressed Nick about Stern’s Master’s in Risk Management program was the exceptionally high caliber of his cohort. “Some of the greatest insights I took away from the classroom came from the many great questions and views from the rest of the class that I hadn't considered,” he says. “I believe I learned equally as much from them as I did the professors.”
Alejandro had a specific goal in mind when he applied to Stern’s Master of Science in Risk Management program. Even though he is an experienced professional with many articles to his name, Alejandro explains, “I wanted to have the opportunity to think deeper about risk management concepts and surround myself with the best professors in this area.”
Mohammed was fairly new in his position as head of risk management for Saudi Arabia’s Jadwa Investment when he entered NYU Stern’s Master’s in Risk Management program. During the course of the program, his skill set and perspective on his chosen field grew along with him in the job, a perfect match. “Thanks to Stern, I have already gained by being ahead of the curve in risk management, as I now have the ability to manage risk from a broad systemic and strategic perspective with a focus on enterprise-wide risk management,” he says. Jadwa, founded in 2006 and based in Riyadh, is an investment management and advisory firm.
Caio, a senior vice president for Latin America Wholesale Risk at HSBC in Sao Paulo, figures he’ll make back his financial investment in NYU Stern’s Master’s in Risk Management program within two years. As for the experiential return on investment, that started paying dividends immediately.
At NYU Stern, Rose has found a program “rich in content and access to thought leadership material, with an excellent faculty,” as she had anticipated. “The risks covered in the profile of the NYU program are a perfect match for the risks that I need to cover in my job, and this is one of the things that really attracted me to the program,” she says.
Wilfrid Xoual, the Paris-based Head of Moody’s Analytics business development team, hadn’t even received his degree from the NYU Stern Master’s in Risk Management program when he was able to utilize the Stern network in a professional capacity. “We recently organized a visit in an African country where we sponsored an event on the new Basel regulation,” he recalls. “We needed to contact several banks and consulting firms in the country to understand what angle could be more relevant for participants. I found out that one of my colleagues in the MSRM program was the chief risk officer of one of these banks and was very keen on providing some assistance.
To Alex’s great satisfaction, the work for NYU Stern's MS in Risk Management is immediately applicable to his current job. “It’s amazing how I come back from a module and start to change and improve processes, reports, and even the organization chart in my area of responsibility,” he says. “I can apply the best practices I just learned within days.” What’s more, he adds, the curriculum has broadened his knowledge of areas of banking outside his specialty.
Angelica values the confidence she gained from earning her MSRM degree, as well as the respect it garners. “I’ve been exposed to more opportunities within my current role and am more capable of seeing the big picture. I also feel that having the MSRM has helped me broaden my options going forward.”
The Master of Science in Risk Management program at NYU Stern connects a diverse group of passionate executives from around the world. Exposure to business leaders and top faculty enable students to directly apply innovative risk management concepts to their current role.
The profiles featured are a testament to the many transformations undergone by alumni which were made possible by this groundbreaking program.