Graduate Certificate in Enterprise Risk Management (ERM)

Enterprise Risk Management (ERM) satisfies today’s increasing demand for professionals who can efficiently manage both the financial and non-financial risk exposures faced by corporations.

The Graduate Certificate in Enterprise Risk Management is intended for individuals who possess an MBA or a master’s degree in a business-related field, or hold a CPA or CPCU, and who desire graduate education in enterprise risk management but do not wish to complete the degree requirements for an MBA with a major in risk management and insurance.

The Certificate is designed for individuals seeking more broad-based education than what they might have gained in their undergraduate or graduate degree programs. There is an increasing demand for professionals who can efficiently manage financial and nonfinancial risk exposures faced by businesses. Coursework taken to meet the certificate requirements emphasizes both financial risks (including, for example, derivatives and exchange rate risk) and nonfinancial risk (including political risk, property and liability exposures, risks associated with information technology, and employee welfare exposures).

Requirements

Business Communication Skills

All Graduate Certificate in Enterprise Risk Management students will complete the Business Communication Skills requirement explained in the Graduate Catalog. The regulations, policies, and procedures given in the Master’s Enrollment and Master’s Programs sections of the Catalog apply to the certificate program. The time limit for completing the certificate program is three calendar years. The certificate program requires completion of six graduate courses in residence at Georgia State University. In the event of waiver of one or more of the prescribed courses due to prior experience or education, substitute courses will be approved by the graduate program advisor. A minimum cumulative GPA of 3.00 is required.

In addition to possessing the MBA or another business master’s degree, or the CPA or CPCU professional credential, applicants are required to meet the admission requirements for the MBA program with a major in risk management and insurance (enterprise risk management specialization).

Course Requirements

Required Courses (12 semester hours)

  • RMI 8050 Risk Management Modeling
  • RMI 8370 Financial Risk Management
  • Fi 8000 Valuation of Financial Assets
  • Fi 8200 Derivative Markets I

Elective Courses (6 semester hours)

Students select two courses from the following list with approval from the director of the ERM Certificate Program:

  • RMI 8120 Property and Liability Insurance
  • RMI 8150 Corporate Risk Management
  • RMI 8350 International Risk and Insurance
  • Acct 8680/CIS 8680 Security and Privacy of Information and Information Systems
  • Econ 8860 Economics of Global Finance

Other graduate-level course work may be substituted with prior approval by the graduate program advisor.

Awarding the Certificate

After completing the requirements for the certificate according to these regulations, the student must make a written request to the Department of Risk Management & Insurance to have the certificate awarded.

Degree-seeking MBA and MS students who have successfully completed the course requirements as part of their degree requirements may also request the Department of Risk Management & Insurance to have the certificate awarded. The written request, an official Georgia State University transcript, and a certificate fee of $40.00 (check made payable to GSU Risk Management Foundation) must be sent to the business manager in the Department of Risk Management & Insurance. The graduate program advisor then reviews the student’s record. If all requirements have been met, the certificate, signed by the dean of the Robinson College of Business and the RMI department chair, will be issued to the student.