Offered by the Department of Mathematics, in conjunction with the Mona School of Business, Faculty of Social Sciences (UWI, Mona), the MSc ERM programme is designed to address the demand in the financial services and other industries for modern risk management skills. Risk professionals require a set of integrated skills in risk modelling and management of the risks associated with assets/liabilities of their business operations. The programme is designed to produce graduates with skills in risk techniques and practices who also understand the business contexts and thus are able to address complex risk issues. The programme will attract professionals seeking breadth in risk management. They will typically have backgrounds in a wide cross-section of industries such as the financial services (especially banking, insurance), consultancy, the non-financial sector as well as from the public sector. This is an important added value, which prepares the student for team work with members of diverse backgrounds.

Programme Objectives

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.
• Familiarize students with computational techniques and risk management software.

Entry Requirements

• Minimum GPA of 3.0 in a Bachelor’s degree (or equivalent from an overseas institution) in a quantitative discipline.
• Preference will be given to those applicants with 3 years relevant work experience.

Programme Duration

• 24 months part-time (evenings)

Target Groups

Risk Officers, Financial Officers, Actuaries, Risk Professionals, Risk Modellers, Asset Liability Management Practitioners, Equity Analysts and other Investment Professionals.