Programmes

Enterprise Risk Management (MSC)

Programme Overview

The programme is designed to produce graduates proficient in contemporary risk analysis techniques and management practices to address complex risk issues.   

Programme Objectives

Offered by Mona School of Business & Management in conjunction with the Department of Mathematics, Faculty of Science & Technology, University of the West Indies, the main aims of the MSc-ERM are to:

 

• Introduce the basic concepts and techniques of quantitative risk management across an enterprise, as well as the business context in which such risk management takes place.

 

• Provide a good grounding in risk management best practices.

• Identify and measure risks; to take actions to mitigate risks and exploit opportunities.

• Apply quantitative as well as qualitative approaches to risk management.

• Familiarise students with computational techniques and risk management software. 

Admission Requirements

Applicants must:

 

Have a minimum GPA of 3.0 in a Bachelor’s degree (or equivalent from an overseas institution) in a quantitative discipline.

N.B. Preference will be given to those applicants with three (3) years of relevant work experience.

 

Programme Structure

Core Courses

 

 Corporate Finance

  Credit Risk Management & Modeling

  ERM Concept, Framework & Process

  ERM Governance

  ERM in the Global Business Environment

  Ethical, Legal & Regulatory Framework for ERM

  Financial Markets

  Quantitative Analysis of Financial Data

  Risk Categories and Identification

  Risk Management & Optimization

  Risk Management in the Business Enterprise

  Stochastic Calculus 

  The Economics of Enterprise Risk Management

  Time Series Analysis

 

Non-Credit Courses

 

  Computer Business Applications

  Statistical Methods

  Mathematics for ERM 

 

Integrative Module

Enterprise Risk Management Integrative Module

(Leading Issues in ERM: A Project-Based Approach)

 

The primary aim of this research project is to help students develop the capability to use the concepts, frameworks and techniques presented in the ERM courses to analyze and integrate the skills and concepts into a practical risk management framework to address enterprise risks confronting a business enterprise and its related Industry.

Careers after Graduation