Risk Management

Risk Management Why Choose Risk Management?

Georgia State University’s Department of Risk Management is the largest academic risk management program in the United States, with 24 dedicated full-time faculty and more than 400 students. For well over a decade, the department has consistently ranked among the top 10 programs of its kind in the United States

by U.S. News & World Report. It is currently ranked 4th.

FOR MORE INFORMATION CONTACT: Graduate Recruiting and Student Services Phone: (+1) 404-413-7167 International students: rcbintgradadmissions@gsu.edu U.S. students: rcbgradadmissions@gsu.edu

Master of Business Administration (MBA) in Risk Management Gain a combination of innovative instruction and professional experience focused on business challenges and opportunities.

Robinson offers two ways to earn a risk management concentration in the MBA program.

Students tailor the program to their needs by completing four specialty courses in risk management and insurance. Students may also select non-risk management and insurance courses as credit toward the concentration with advance permission of the department’s graduate faculty advisor.

The second option is for students to complete the MBA in financial risk management. Students choosing this program will learn the analytical rigor and practical business skills necessary to achieve leadership positions in the field of enterprise risk management.The program emphasizes a broad approach to risk management education that focuses on a cohesive, integrated treatment of its accounting, auditing, finance and insurance aspects. Students completing the program will earn an MBA with a dual concentration in finance and in risk management and insurance. Students can complete the dual concentration without increasing the time it takes to graduate. Graduates from these programs pursue careers in financial and non-financial firms.

Both options can be completed in a flexible format in Robinson’s Flexible MBA Program or in a cohort format within the Professional MBA Program. The program enrolls students in summer, spring or fall semesters.

Master of Actuarial Science Learn core theory and the latest developments in actuarial practice to prepare for the competitive field of actuarial science.

Since 1958, the master of actuarial science program at Georgia State has equipped students with strong quantitative backgrounds for careers in the actuarial profession. The program’s coursework also prepares students for the professional certification exams required for Associateship in the Society of Actuaries (SoA) and the Casualty Actuarial Society, and for most of the requirements of the SoA’s new Chartered Enterprise Risk Analyst designation. The department is one of the inaugural Centers for Actuarial Excellence as designated by the SoA. Georgia State is also the only U.S. university offering a dual degree that combines actuarial science and quantitative risk management (master of actuarial science in mathematical risk management). Graduates of the dual degree program find employment in the insurance industry and in the broader sectors of financial services and the energy industry.

The programs enroll in the fall semester, although students lacking certain foundational prerequisites may be enrolled in either the spring or summer terms.

Master of Science in Mathematical Risk Management Strengthen your knowledge of mathematical finance, actuarial science and enterprise risk management.

The master of science in mathematical risk management program prepares students for careers in quantitative financial risk management.

Georgia State’s innovative program differs from other financial engineering programs because it focuses specifically on the application of quantitative finance to the management of financial risk exposures, whereas programs at other universities emphasize security design and evaluation and the development of short-term trading strategies.

Graduates of Georgia State’s program pursue careers at financial services companies, including commercial banks and insurance companies, in strategic finance and treasury departments of companies that require significant modeling skills, rating agencies and a variety of risk management consultancies. Ninety-three percent of students who graduated between 2011 and August 2013 with the master of science in mathematical risk management had a job prior to or within three months of graduation.

The program is accredited by the Professional Risk Managers’ International Association.

The program enrolls just prior to start of the fall semester with a twoweek programming bootcamp. Students lacking certain foundational prerequisites may be enrolled in either spring or summer terms.

Risk Management

Structure, Schedule and Location

Application Deadlines

Graduates Will Be Able To

Master’s Programs MBA in Risk Management

Actuarial Science

Mathematical Risk Management

Make risk management decisions for firms in the global economy using analytical, managerial and technical skills learned in the program.

Mathematically and statistically analyze risk and apply it to insurance and other business management problems.

Apply knowledge of mathematical finance, actuarial science and corporate risk management in quantitative and technically rigorous positions within financial institutions, risk management advisory organizations and the treasury departments of non-financial corporations.

International: Fall – March 15

Spring – Aug. 1

Summer – Sept. 1

International (fall): March 15

International (fall): March 15

U.S. (fall): May 1

U.S. (fall): May 1

* A concentration (12 hours) in risk management and insurance can be chosen from any of the graduate-level risk management and insurance courses.

Courses are taught at Georgia State’s main downtown Atlanta campus and at the Buckhead Center.

* Core courses are in a lockstep format, so students are encouraged to enroll in the fall semester. The degree can be completed in 16 months over three semesters. Courses are taught at Georgia State’s main downtown Atlanta campus.

* Core courses are in a lockstep format, so students are encouraged to enroll in the fall semester. The degree can be completed in 16 months over three semesters. Courses are taught at Georgia State’s main downtown Atlanta campus.

Electives for the MBA in financial risk management:

* * * * * * * *

* * * * * * *

U.S.: Fall – May 1

Spring – Sept. 15

Summer – May 1

Curriculum

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Valuation of Financial Assets Derivative Markets Risk Management Modeling Financial Risk Management

Sample of other possible electives for the risk management concentration:

* Financial Statement and Business Analysis * Internal Auditing * Advanced Corporate Finance * Financial Management of Banks * Data Mining * Consulting Practice and Theory * Predictive Risk Models * Corporate Risk Management

Applied Statistics and Econometrics Valuation of Financial Assets Stochastic Loss Models Theory of Risk Sharing Financial Engineering Life Contingencies Insurance Mathematics Actuarial Science Graduate Seminar

Valuation of Financial Assets Derivative Markets Stochastic Loss Models Theory of Risk Sharing Financial Engineering Quantitative Financial Risk Models Stochastic Term Structure & Credit Risk Models * Financial Econometrics

Sample of possible electives:

* * * * *

Loss Distribution and Credibility Theory Data Mining Predictive Risk Models Financial Risk Management SAS Programming

Sample of possible electives:

* * * * * * *

Hedge Funds and Strategies Advanced Corporate Finance Global Financial Systems Financial Management of Banks Computational Methods Economics of Global Finance Predictive Risk Models

Fees,Tuition and Services

Candidate Profile

Other electives available with approval of faculty advisor.

Applicants must have an undergraduate degree from an accredited university.

Applicants must have an undergraduate degree from an accredited university with significant quantitative coursework and/or work experience.

Applicants must have an undergraduate degree from an accredited university with significant quantitative coursework and/or work experience.

Georgia Residents: $463 per graduate credit hour plus $1,064 per semester for student fees

Georgia Residents: $13,890 plus $1,064 per semester for student fees

Georgia Residents: $14,816 plus $1,064 per semester for student fees

Non-Residents: $38,160 plus $1,064 per semester for student fees

Non-Residents: $40,704 plus $1,064 per semester for student fees

Non-Residents: $1,272 per graduate credit hour plus $1,064 per semester for student fees