Share / Print

Frequently Asked Questions

Why the Master of Science in Risk Management?

Why choose the MS in Risk Management at NYU Stern?

A graduate of this program will be well positioned for a career in risk management and will have the ability to: contribute to risk management development and oversee strategic discussions regarding risk within his or her organization; provide an assessment of the risks associated with all business decisions; comprehend and communicate a global perspective of risk management, gained from an expert international faculty and interaction with peers from around the world; inspire innovative thinking to manage new and changing risks; and join the NYU Stern alumni network.

What is your Return on Investment?

After completing the program, graduates are well prepared to follow a career in the challenging fields of risk management or build on new found credibility and confidence to provide critical risk management advisory services. You will be part of a workforce where there is a strong and growing demand for risk practitioners and advisors.

For specific examples, please visit our Alumni Profiles page. 

Should I apply to the MS in Risk Management program?

The MS in Risk Management Program is designed for experienced managers and/or risk professionals taking on greater responsibilities or broader strategic planning roles in the area of risk management. The participant profile includes seasoned senior managers, corporate board members, and vice presidents with risk management and oversight responsibility.

What is the strategic risk capstone?

The strategic risk capstone is a collaborative project by a team of 4-5 students presented at the culmination of the program.The objective is for students to tie together the substantive content and practical case work taught throughout the year.

What is the Application Process?

What is the first step in the admissions process?

Complete a preliminary information form for an initial assessment of your candidacy. This will enable us to better advise you on your suitability for the program before encouraging you to submit an application. You can find the preliminary information form here.

Will information sessions be offered?

The Admissions Team organizes recruiting events throughout the year. Please visit our events page to view the upcoming opportunities at a location near you. You can also arrange to meet directly with staff at selected cities worldwide. If you would like to schedule a meeting, please complete a preliminary information form for an initial assessment.

When does the MS in Risk Management class commence?

The program runs from May 2018 to May 2019. Participants can earn their degree in just 12 months over two calendar years within a five-module structure.

What are the application criteria?

Applicants must have a bachelor's degree and demonstrated aptitude for quantitative analysis and academic success as evidenced by undergraduate and graduate coursework as applicable. Interest or experience in the field of risk management and a minimum of five years of full-time, professional work experience is required.

When is the application deadline?

Candidates are considered on a rolling admissions basis. We accept and review applications throughout the year. Therefore, it is advised to apply as soon as possible.

Who should I ask to write letters of recommendation?

Letters of recommendation (to be submitted online via the application portal) can come from either professional or academic sources. Due to the executive-level nature of our program, professional sources tend to provide more relevant and recent information, and are preferred. However, this decision is ultimately at the discretion of the candidate. 

What are Other Questions to Consider?

How is work managed in between learning locations?

In recognition of the value of the classroom, the MS in Risk Management Program features five modules of intensive class time. There are no on-line classes, but approximately 15-20 hours of distance learning per week will be incorporated into the program to facilitate preparation, follow-up, and work on projects between modules.

What credentials will I receive as a graduate?

MS in Risk Management graduates receive an NYU Master of Science degree.

Where are the learning locations?

The MS in Risk Management Program features five intensive, intellectually rigorous modules rotating among NYU Stern School of Business in New York, as well as two global locations.

What is the ROI for your organization?

Advanced risk management capabilities are high on the executive agenda and are now seen as a critical business driver and source of sustained growth and long-term competitive advantage. Organizations interested in developing key employees for positions of increasing global risk responsibility should consider the NYU Stern Master of Science in Risk Management Program (MSRM) as a professional development opportunity.

What is the return on investment? The impact is immediate.

MSRM alumni learn to think differently, becoming more innovative and open-minded risk professionals who establish a global network of students, faculty, and alumni. The result is a newfound, enterprise-wide approach to effectively managing the spectrum of business risks in a way that enables sustainable, long-term growth.

For further information, please view our sponsorship page here.

What is your relationship with GARP?

The MSRM program has an Academic Partnership with GARP and is registered as an approved provider of Continuing Professional Education (CPE) credits. Read more information about MSRM's relationship with GARP.

What is your relationship with PRMIA?

We are pleased to announce that PRMIA's Education Committee has formally accredited NYU Stern School of Business's Master of Science in Risk Management Program for Executives.

Upon completion of our MS in Risk Management program, alumni will be eligible for exemption from PRMIA's Professional Risk Manager Certification (PRM™) Exams I and II (minimum 3.0 cumulative GPA to qualify).

We are very proud of our ability to offer premier risk management credentials that distinguish NYU Stern Risk Management alumni in the emerging field of global risk management.

Read more information on our relationship with PRMIA and PRM exam exemption.

What is the program fee?

The program fee for the Class of 2019 is USD 71,800. Included are tuition, course materials, some meals and official events. Hotel and travel expenses are not included. A tuition deposit of USD 6,800 is required to secure a spot in the Class of 2019 and is due upon acceptance to the program. Tuition is subject to change.

Does NYU Stern offer a non-degree short course in risk management?

Yes, NYU Stern Executive Education offers short courses in risk management. For more information on these short courses, please view our program schedule.

May I apply for more than one graduate degree at NYU at the same time?

Applicants are permitted to submit admissions applications to two (or more) programs at the same time if they are within different schools at NYU. For example, you may apply to a program in the Stern School of Business and to a different program at the Steinhardt School. However, you may not apply to both the MS in Risk Management and the Stern MBA at the same time because both are within Stern. If you choose to apply to programs that are in different schools, it will be necessary to complete and submit separate applications and pay each school a separate application fee.

I am an international student. Am I eligible to apply?

International students are welcome and encouraged to apply to the MS in Risk Management program. Admissions policies and tuition fees are the same for both international and non-international students. International students are encourage to submit applications by February 1, 2018 in order to facilitate visa processing. 

Contact Us

For any questions, please contact:

MSRM Admissions Office
New York University
Stern School of Business
44 West 4th Street,
Suite 4-100
New York, NY 10012
T: +1 212 998 0442